Press release
Global Helium Market: Expanding to $7.47 billion by 2029 with an Impressive CAGR of 7.4%; Boosted by Emerging Trends and Market Drivers
"Rising Demand in Healthcare and Emerging Sectors Powers Helium Market Expansion
What Is The Projected Market Size Of The Global Helium Market And Its Growth Rate?
The robust growth of the global helium market is expected to continue over the coming years. Key statistics reveal:
* The helium market size has risen from $5.19 billion in 2024 to $5.62 billion in 2025, with an impressive compound annual growth rate (CAGR) of 8.3%.
* Growth during this period is driven by strong economic growth in emerging markets, increasing demand for chemical products, and an increasing demand for bio-based dispersants.
* Going forward, the helium market is projected to grow to $7.47 billion in 2029 at a CAGR of 7.4%.
* This future growth is linked to government support, improvement in polymerization techniques, increasing demand for water-based dispersants, and rising urbanization.
What Is Driving The Growth In The Helium Market?
Growth in the helium market is primarily driven by its rising demand in the healthcare industry. Helium's unique properties, such as being inert, non-reactive with other elements, noncorrosive, and non-flammable, make it ideal for various applications in the healthcare industry. These include adjunct therapy in asthma exacerbation, ARDS, croup, COPD, and bronchiolitis. Additionally, helium is utilized in magnetic resonance imaging (MRI) to regulate powerful magnets that monitor various conditions within the abdomen, chest, and pelvis.
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Who Are the Key Players Driving Helium Market Growth?
The key players steering the growth of the helium market include:
* Air Products and Chemicals, Inc.
* Air Liquide S.A
* Iwatani Corporation
* Messer Group GmbH
* Qatargas Operating Company Limited
* Air Water Inc
* Axcel Gases
* Taiyo Nippon Sanso Corporation
* The Linde Group Air Products
What Are The Key Trends In The Helium Market?
Prominent trends in the helium market forecast period include:
* Helium manufacturers adopting IoT technology
* Use of helium-filled hard drive technology
* Increase in production capacity
* Product innovation
* Partnerships and collaborations
What Are The Segments Of The Global Helium Market?
The global helium market is segmented by:
* Type: Liquid Helium, Gaseous Helium
* Application: Breathing Mixes, Cryogenics, Leak Detection, Pressurizing and Purging, Welding, Controlled Atmosphere, Other Applications
* End User: Healthcare, Welding And Metal Fabrication, Electronics And Semiconductors, Laboratory, Lifting And Balloons, Other End-Users
Which Region Leads The Helium Market?
Asia-Pacific stood as the largest region in the helium market in 2024, followed by North America. The helium report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Helium Market Global Market Report?
- Market Size Analysis: Analyze the Helium Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Helium Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Helium Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Helium Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
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