The packaged gas industry is faced with market volatility,changing supply and demand,and in many cases,skyrocketing costs.Recently,both helium and oxygen have experienced highs and lows in cost and availability,further emphasising the need for increased throughput improvements and cost reductions in gas booster technologies.Helium is the largest sector in the inert gases business,followed by argon.Helium,which has been broadly used in science and industry due to its availability and cost,has faced a critical shortage and even today,costs are at an all-time high.The demand for helium is driven by ever-increasing MRI scans along with increased usage of helium in the semiconductor and electronics industry.In 2019,many scientists were forced to shut down superconducting magnets due to a shortage of helium,which is used as a shielding gas.
展开▼