The boom in space exploration can be met by the current plentiful supply of helium and the sector remains small compared with more established segments, a leading consultant explained today in a gasworld exclusive space-themed webinar.
Rich Brook, CEO at helium consultancy Garrison Ventures, said space is growing at a fast rate but it’s from a lower base.
“The helium market is long and likely to stay long which means that supply exceeds demand,” he said.
“There are a number of other applications that are more important to industrial gas companies, in terms of servicing their clientele with helium – the MRI business, for instance, is still north of 20% of the total market.”
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