Helium Market Size, Forecast Business Strategies, Emerging Technologies and Future Growth Study  2030

Helium Market is expected to reach US $27.06 billion, thanks to growth in the cryogenics segment. The report analyzes market dynamics by region and end-user industries.

Helium Market Overview

"The global helium market is experiencing dynamic growth, driven by its critical applications in various industries including healthcare, electronics, aerospace, and manufacturing. Helium is indispensable for cryogenic applications, MRI scanners, semiconductor manufacturing, welding, and as a lifting gas in balloons and airships. Key drivers of market expansion include increasing demand from emerging economies, technological advancements in helium extraction and purification techniques, and the growing use of helium in energy exploration and research applications. The market is characterized by a complex supply chain, with helium primarily sourced from natural gas fields through extraction and refining processes. Challenges include the finite nature of helium reserves, geopolitical factors impacting supply, and fluctuations in helium prices. However, ongoing research into alternative helium sources and recycling technologies presents opportunities for market growth. Overall, the helium market remains vital for modern industrial and scientific applications, with sustained demand expected in the foreseeable future."


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Helium Market Scope and Methodology:

"This report on the helium market offers a comprehensive analysis of the global industry, focusing on market size, growth trends, key drivers, challenges, and opportunities. The scope of the study covers various aspects of the helium market, including its applications in healthcare, electronics, aerospace, and other industries. Market segmentation includes analysis based on helium sources (natural gas extraction, helium reserves), end-use sectors (cryogenics, MRI, semiconductor manufacturing, welding, and others), and geographic regions. The research methodology combines primary and secondary research approaches.

Primary research involves interviews and surveys with key stakeholders such as helium producers, suppliers, distributors, end-users, and industry experts to gather qualitative insights into market dynamics, technological advancements, and regulatory landscapes. Secondary research includes comprehensive data collection from industry reports, company websites, trade publications, government databases, and academic journals to validate and enhance primary findings. Quantitative data analysis techniques such as market sizing, forecasting, and trend analysis are employed to interpret the collected data and provide a detailed understanding of the helium market landscape. The report aims to provide stakeholders with actionable insights and strategic recommendations to navigate the competitive landscape and capitalize on emerging opportunities in the global helium market."


Helium Market Regional Insights

The Helium market is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific, according to regional analysis. Several areas are home to nations such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Helium Market Segmentation

by Phase

Liquid
Gas

The liquid phase and gas phase segments make up the worldwide helium market.

Due to the COVID-19 pandemic, which increased the number of patients infected worldwide, the liquid phase segment dominated the market in 2023, accounting for xx% of total revenue shares. The medical sector is the largest user of liquid helium since it cools the super magnets found in MRI scanners.

by Application

Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmospheres
Other

Helium is used as a super coolant for cryogenic applications such as magnetic resonance imaging (MRI), nuclear magnetic resonance (NMR) spectroscopy, particle accelerators, large hadron colliders, superconducting quantum interference device (SQUID), electron spin resonance spectroscopy (ESR), and superconducting magnetic energy storage (SMEs). The global helium market is divided into the following segments based on application: breathing mixes, cryogenics, lead detection, pressurizing and purging, welding, controlled atmosphere, and others. In 2023, the cryogenics segment was dominant and held 28% of the overall market share in terms of revenue.

by End-user Industry

Aerospace & Aircraft
Electronics & Semiconductors
Nuclear Power
Healthcare
Welding & Metal Fabrication
Other

The end-use industry segmentation of the worldwide helium market includes the following: nuclear power, aerospace and aircraft, electronics and semiconductors, welding and metal fabrication, healthcare, and others.

The healthcare industry dominated the market in 2023, accounting for nearly 34% of total revenue. There are numerous uses for helium in the medical industry. Liquid helium is the best option for cooling MRI magnets because it can reach a temperature of -269° C. Helium is also used to track breathing. It is a crucial component in the treatment of asthma, emphysema, and other respiratory conditions.

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Helium Market Key Players

1. Air Products and Chemicals, Inc.
2. Air Liquide
3. Linde AG
4. Praxair, Inc.
5. Taiyo Nippon Sanso Corporation
6. Iwatani Corporation
7. Gulf Cryo
8. Messer Group
9. Qatar Gas Operating Company Limited
10. Global Gases

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Key questions answered in the Helium Market are:

• What is Helium?
• What was the Helium market size ?
• What is the growth rate of the Helium Market?
• Which is the fastest-growing region in the Helium market?
• Which are the factors expected to drive the Helium market growth?
• What is the CAGR at which the Helium market will grow during the forecast period?
• What growth strategies are the players considering to increase their presence in Helium?
• What are the upcoming opportunities and trends for the Helium Market?
• What are the different segments of the Helium Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Helium Market?
• What segments are covered in the Helium Market?
• Who are the key players in the Helium market?
• Who are the leading companies and what are their portfolios in Helium Market?

Key Offerings:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by Different Segment |
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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