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Helium Industry Outlook 2025-2029: Market Set to Cross $7.47 Billion Milestone

07-15-2025 09:41 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Helium Market

Helium Market

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How Large Will the Helium Market Size By 2025?
The prominence of the helium market has significantly escalated in the past few years. Its estimation is set to increase from $5.19 billion in 2024 to a staggering $5.62 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.3%. The augmentation during the historical period is credited to robust economic progression in budding markets, a heightened demand for chemical products, and a rising interest in bio-based dispersants.

How Big Is the Helium Market Size Expected to Grow by 2029?
The size of the helium market is predicted to experience significant expansion in the upcoming years, reaching a value of $7.47 billion in 2029 with a compound annual growth rate (CAGR) of 7.4%. The growth expected in this projection period can be linked to factors such as government backing, advancements in polymerization methods, increased demand for water-based dispersants and escalating urbanization. Noteworthy trends expected in this forecast period involve helium producers embracing IoT technology, the application of helium-filled hard drive technology, hikes in production capacity, product innovation, as well as partnerships and collaborations.

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Which Key Market Drivers Powering Helium Market Expansion and Growth?
The growth of the helium market is anticipated to be fueled by the increasing demand from the healthcare sector. Due to its unique characteristics, such as its inertness, lack of reactivity with other elements, non-corrosiveness, and non-flammability, helium is extensively utilized in various disease diagnosis tools. In the healthcare sector, its uses span several applications such as supplemental therapy in cases of bronchiolitis, ARDS, asthma exacerbation, croup, and COPD. For instance, helium finds its application in the regulation of powerful magnets in magnetic resonance imaging (MRI) devices, helping to monitor various conditions in the chest, abdomen, and pelvic regions. These devices are also helpful in diagnosing pregnancy.

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Which Fast-Growing Trends Are Poised to Disrupt the Helium Market?
The diminishing availability of helium from existing supply outlets, notably the US Bureau of Land Management's (BLM) system, is prompting industrial gas corporations and suppliers to explore and capitalise on new helium resource options. This includes deriving helium from non-hydrocarbon originators. The extraction of helium from non-hydrocarbon sources involves producing and marketing helium as either a unique earning stream or one of the significant earning channels. Rex Canon, the CEO of IACX Energy, during the Global Helium Summit, suggested that if there were another non-hydrocarbon gas available that could be produced and marketed as a commercial commodity, similar to carbon dioxide, even gas fields with less than 0.6% helium content could be utilized for the exploitation and distribution of helium as an ancillary product. He also acknowledged that due to the reducing BLM supplies, non-hydrocarbon helium sources are proving to be a viable replacement for the conventional resources derived from LNG flash gas and NRU off-gas.

What Are the Emerging Segments in 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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Who Are the Global Leaders in the Helium Market?
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

Which are the Top Profitable Regional Markets for the Helium Industry?
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

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