Helium Market: Global Industry Analysis and Forecast (2025-2032)

This report provides a thorough examination of the Helium Market, offering valuable insights for investors, stakeholders, and industry observers. It delves into Market size, segmentation, key drivers and restraints, and emerging trends, providing a clear picture of the industry's current state and future trajectory. Beyond simply stating the factors, this analysis explores how these factors are likely to influence the Market.

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Research Methodology and Report Scope:

Our research methodology combines rigorous primary and secondary research techniques. A bottom-up approach is employed for Market sizing, while secondary sources, including company annual reports and financial statements, are used to identify key Market players. We conduct in-depth interviews with industry experts, thought leaders, business owners, and Marketing specialists to gather firsthand insights. This multi-faceted approach ensures the accuracy and depth of our analysis. The scope of the report encompasses a global perspective, with regional deep dives to understand Market nuances across different geographies.

Regional Market Insights:

The report features a comprehensive regional analysis, highlighting dominant regions and identifying high-growth potential areas for Helium. We analyze Market share, penetration rates, and growth trajectories in key regions, providing a granular understanding of regional Market dynamics. This includes an assessment of specific regional challenges and opportunities.

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Market Segmentation:

by Phase

Liquid
Gas

The worldwide helium market is divided into two segments based on phase: liquid phase and gas phase. Due to the advent of COVID-19, which increased the number of patients affected by the pandemic worldwide, the liquid phase segment dominated the market in 2024 and controlled xx% of the total market shares in terms of revenue. Since liquid helium is needed to cool the super magnets in MRI equipment, the medical sector is one of the biggest users of this gas.

by Application

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

Breathing Mixes, Cryogenics, Lead Detection, Pressurizing and Purging, Welding, Controlled Atmosphere, and Others are the segments of the global helium market based on application. Since helium is used as a super coolant for cryogenic applications like magnetic resonance imaging (MRI), nuclear magnetic resonance (NMR) spectroscopy, particle accelerators, large hadron colliders, superconducting quantum interference devices (SQUID), electron spin resonance spectroscopy (ESR), and superconducting magnetic energy storage (SMEs), the cryogenics segment dominated the market in 2024 and accounted for 28% of total revenue.

by End-user Industry

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

The global helium market is divided into the following end-use industries: nuclear power, aerospace and aircraft, electronics and semiconductors, healthcare, welding and metal fabrication, and others.
The healthcare sector dominated the market in 2024, accounting for approximately 34% of total revenue. There are numerous uses for helium in medicine. Liquid helium is the best option for cooling MRI magnets because it may reach temperatures as high as -269° C. Helium is also used to track breathing. It plays a significant role in the treatment of asthma, emphysema, and other respiratory conditions.

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Market Major 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
11. Matheson Tri-Gas Inc
12. ONEOK Inc.
13. Exxon Mobil Corporation
14. Polish Oil and Gas Company
15. Weil Group
16. Others

Key Questions Addressed:

What are the key factors driving and restraining the Helium Market?

What is the current Market size and what is the projected Market size by 2029?

Which regions offer the most lucrative opportunities for Helium?

Who are the leading players in the Helium Market and what are their competitive strategies?

What are the emerging trends shaping the future of the Helium Market?

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Key Offerings:

Historical Market Data and Competitive Landscape (2018-2022): Provides a baseline for understanding Market evolution.

Historical Pricing Trends and Regional Price Analysis (2018-2022): Offers insights into pricing dynamics and regional variations.

Market Size, Share, and Forecast by Segment (2024-2030): Provides detailed projections for each segment, allowing for targeted planning.

Market Dynamics (Drivers, Restraints, Opportunities, and Trends) by Region: Offers a nuanced understanding of regional Market dynamics.

In-depth Market Segmentation with Sub-segments and Regional Analysis: Enables precise Market targeting.

Competitive Landscape with Key Player Profiles and Strategic Analysis by Region: Provides insights into competitive dynamics.

Competitive Benchmarking of Key Players by Region: Facilitates competitive analysis.

Comprehensive PESTLE Analysis: Examines the political, economic, social, technological, legal, and environmental factors impacting the Market.

Porter's Five Forces Analysis: Assesses the competitive intensity and attractiveness of the Market.

Value Chain and Supply Chain Analysis: Provides insights into the flow of goods and services within the Market.

Legal and Regulatory Landscape by Region: Offers guidance on navigating regulatory complexities.

Identification of Lucrative Business Opportunities with SWOT Analysis: Helps identify potential areas for investment and growth.

Strategic Recommendations: Provides actionable insights for decision-making.

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