Helium Price Trend, Demand, Index, Chart and Historical Prices Analysis
Helium gas is extensively used in the medical sector to cool the superconducting magnets in magnetic resonance imaging (MRI) machines to extremely low temperatures. This enables the production of powerful magnetic fields, which are essential for producing high-resolution images of the internal human body parts. In addition, it is utilized in the production of semiconductors and fiber optics, both of which are integral to the electronics industry. The growing demand for consumer electronics and telecommunications infrastructure is driving the need for helium worldwide. Furthermore, helium plays a critical role in scientific research, particularly in fields like cryogenics and superconductivity, which is further bolstering the market growth.
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