The helium market is valued at US$3,361.234 million in 2025 and is projected to expand at a CAGR of 4.53% over the forecast period to reach US$3,906.645 million by 2030.
Helium is a form of odorless and colorless gas which is non-toxic in nature. Helium gas offers key applications across multiple industries, including cryogenic, medical imaging, aerospace, and electronic manufacturing. In medical imaging, the gas is used as a cooling agent for various types of equipment, such as MRI machines. Similarly, in the aerospace sector, the gas is commonly utilized as a lifting gas and propulsion fuel for rockets and weather balloons. Helium gas exhibits chemical inertness, making it safer for use across multiple industries. It also features lower density and high thermal conductivity.
Market Trends:
- Rising Semiconductor Demand: The global surge in semiconductor production and demand is a primary driver of the helium market during the forecast period. Helium is essential in semiconductor manufacturing, acting as a cooling agent and carrier gas during fabrication.
- Healthcare Sector Growth: Advancements in the healthcare industry are projected to fuel the expansion of the global helium market. Helium is widely utilized as a cooling agent in medical imaging equipment, such as MRI machines and other diagnostic technologies, supporting market growth.
- North America: North America is anticipated to secure a significant portion of the global helium market. This growth is propelled by the region's increasing semiconductor and electronics production, alongside expansion in the aerospace and defense sectors. Additionally, developments in healthcare and transportation are expected to further heighten helium demand in the region.
Some of the major players covered in this report include Qatargas, Praxair (Linde Gas and Equipment), Air Liquide, Iwatani Corporation of America, Messer Group, Buzwair Industrial Gases Factory, Matheson Tri-Gas, SOL India Private Limited, Air Products and Chemicals, Inc., Helium One Global, GB Gases Ltd, and 45-8 Energy, among others.
Key Benefits of this Report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
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Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Helium Market Segmentation:
By Form
By Type
- On-site
- Merchant
- Packaged
By Application
- Cryogenics
- Leak Detection
- Breathing Mixes
- Others
By Industry Vertical
- Aerospace and Defense
- Electronics and Semiconductors
- Healthcare
- Energy
- Manufacturing
- Others
By Region
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East & Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Others