Global Helium Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities

The Helium Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Helium Market Size Expected to Be by 2034?
The value of the helium market has significantly expanded over the past few years. The market, which is estimated to be worth $5.19 billion in 2024, is projected to increase to $5.62 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.3%. This robust growth in the past can be associated with rapid economic expansion in emerging markets, alongside a surge in demand for chemical products and a rising preference for bio-based dispersants.

The market size for helium is predicted to experience significant expansion in the upcoming years, with projections estimating it will reach $7.47 billion by 2029, with an annual growth rate of 7.4%. Factors contributing to this anticipated growth during the forecast period comprise government backing, advancements in polymerization methods, growing demand for water-based dispersants, and increased urbanization. Key trends moving forward into the forecast period encompass helium manufacturers embracing IoT technologies, the application of helium-filled hard drive technologies, augmentation in production capabilities, product innovation, and cooperative ventures and alliances.

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What Are the Emerging Segments Within the Helium Market?
The helium market covered in this report is segmented -

1) By Type: Liquid Helium, Gaseous Helium
2) By Application: Breathing Mixes, Cryogenics, Leak Detection, Pressurizing and Purging, Welding, Controlled Atmosphere, Other Applications
3) By End User: Healthcare, Welding And Metal Fabrication, Electronics And Semiconductors, Laboratory, Lifting And Balloons, Other End-Users

Subsegments:
1) By Liquid Helium: Cryogenic Applications, Scientific Research
2) By Gaseous Helium: Industrial Applications, Medical Applications, Party Balloons And Inflatable Products, Electronics Manufacturing, Other Uses

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What Long-Term Drivers Are Shaping Helium Market Trends?
The expected growth in the helium market is set to be propelled by the increasing demand within the healthcare sector. A variety of disease diagnostic tools widely utilize helium due to its distinctive characteristics, including its non-reactive, inert nature, and its non-corrosive, non-flammable properties. In the healthcare field, helium has diverse uses, such as an auxiliary treatment in cases of asthma exacerbation, ARDS, croup, COPD, and bronchiolitis, to name a few. For example, in the area of magnetic resonance imaging (MRI), helium is key in controlling high-strength magnets, aiding in the examination of various conditions in the abdomen, chest, and pelvis areas. It also plays a significant role in detecting pregnancies.

Who Are the Top Competitors in Key Helium Market Segments?
Major companies operating in the helium market include Air Products and Chemicals, Inc, Air Liquide S.A, Iwatani Corporation, Messer Group GmbH, Qatargas Operating Company Limited, Gulf Cryo, Air Water Inc, Axcel Gases, Nippon Helium Inc, Taiyo Nippon Sanso Corporation, The Linde Group Air Products, Chemicals Inc, Anhui Clean Energy Co., Ltd, Chengdu Taiyu Industrial Gases Co., Ltd, Hubei Daly LPG Cylinder Manufacturer Co., Ltd, Jiangsu Hongren Special Gas Co., Ltd, Qingdao Baigong Industrial and Trading Co., Ltd, Air Products Italia S.r.l, Basi Schoberl GmbH & Co. KG, Riessner-Gase GmbH, RealGas LLC, Cylinders Holding A.S, Cryoin Engineering Ltd, Galo Gas, Elme Messer K, Matheson Tri-Gas Inc, ExxonMobil, Chevron, ConocoPhillips, EOG Resources, Phillips 66, National Iranian Oil Company, Bristol Specialty Gases, Middle East Gases, Abu Dubai National Oil Company, Petrofac International Sharafco Group Companies, Ghazanfer Group, Al Mansoori Abu Dubai, Emirates Lube Oil Company, Lootah BC Gas, Renergen (RLT), My Gas (Pty) Ltd

What Are the Major Trends Shaping the Helium Market?
Existing helium supply dwindling, especially within the US Bureau of Land Management's (BLM) network, has compelled industrial gas firms and distributors to explore alternate resources of helium, such as non-hydrocarbon sources. The process to extract helium from non-hydrocarbon sources introduces a separate revenue stream or makes it one of the major revenue streams. During the Global Helium Summit, Rex Canon, CEO of IACX Energy, highlighted that if there was an additional non-hydrocarbon gas that could be commercially produced and marketed, like carbon dioxide, gas fields with helium content below 0.6% could have found a way for manufacturing and selling helium as an auxiliary product. He added that, given the dwindling BLM supplies, non-hydrocarbon helium sources offered a good alternative to conventional sources from LNG flash gas and NRU off-gas.

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Which Regions Are Becoming Hubs for Helium Market Innovation?
Asia-Pacific was the largest region in the helium market in 2024. North America was the second-largest region in the global helium market. The regions covered in the helium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Helium Market?
2. What is the CAGR expected in the Helium Market?
3. What Are the Key Innovations Transforming the Helium Industry?
4. Which Region Is Leading the Helium Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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