Helium: Market Share, and Growth Analysis by Type (Liquid Helium, Gaseous Helium), Application, End User

The Helium Market size is valued at USD 7 billion in 2025 and is projected to reach USD 13.3 billion by 2033, registering a compound annual growth rate (CAGR) of 8.34% over the forecast period.

The global helium market is experiencing dynamic changes driven by its critical role in various industries such as healthcare, aerospace, electronics, and cryogenics. As an inert, non-renewable noble gas, helium is prized for its unique properties, including low boiling point, low density, and non-reactivity, making it indispensable for applications like MRI machines, semiconductor manufacturing, and space exploration. The market has been grappling with supply constraints due to the limited number of helium-rich natural gas fields and geopolitical factors impacting major suppliers like the U.S., Qatar, and Russia. At the same time, demand has steadily risen due to expanding high-tech and medical sectors, prompting countries and companies to explore new sources and recycling technologies to ensure sustainable supply and price stability.

In 2024, the helium market saw significant shifts, particularly with increased activity in resource exploration and production from non-traditional suppliers. Algeria and Australia ramped up helium extraction efforts, while the U.S. maintained its dominance through strategic stockpile releases and new private sector investments. Additionally, the disruption of exports from Russia due to ongoing geopolitical tensions led to tighter global supplies, fueling price volatility across regions. On the demand side, the semiconductor and fiber optics industries posted robust growth, driving up helium usage for manufacturing and cooling processes. Meanwhile, healthcare demand remained stable but crucial, particularly for MRI technologies. Environmental concerns and calls for more sustainable helium usage spurred research into gas recovery systems and innovative recycling solutions, signaling an industry in transition.

Looking ahead to 2025 and beyond, the helium market is expected to witness improved supply dynamics and technological evolution. New helium liquefaction and recovery facilities are anticipated to come online in North America and Africa, diversifying global supply sources and reducing dependency on a few dominant exporters. Additionally, continued investment in alternative extraction methods, such as helium extraction from geothermal fields and low-concentration gas streams, could redefine the long-term availability landscape. Demand will likely accelerate from space programs, quantum computing, and next-generation semiconductor manufacturing, all of which rely heavily on ultra-cold environments facilitated by helium. Moreover, rising environmental regulations may push industries to adopt helium-efficient technologies and recycling systems. As market participants adapt to geopolitical shifts, the helium industry is poised for gradual stabilization with a stronger emphasis on innovation, supply security, and environmental responsibility.

Key Insights: Helium Market

• Helium recovery and recycling systems are becoming increasingly prevalent in industries such as healthcare and electronics to reduce waste, cut costs, and address supply scarcity concerns through sustainable usage strategies.
• The growing interest in space exploration and commercial spaceflight is creating new demand streams for helium, particularly in rocket fuel pressurization and spacecraft testing applications.
• Technological advancements in semiconductor manufacturing are intensifying helium consumption due to its role in creating controlled atmospheres and cooling sensitive components.
• Non-traditional helium sources, such as geothermal and low-concentration gas reserves, are gaining attention as viable alternatives to conventional natural gas-based extraction methods.
• Geopolitical tensions and shifting trade policies are influencing helium pricing and availability, leading companies to prioritize domestic sourcing and long-term contracts with reliable suppliers.
• The rising demand for MRI systems globally is a major driver, with helium playing a vital role in cooling superconducting magnets used in these diagnostic devices.
• Rapid advancements in electronics and semiconductor technologies are propelling helium usage for precise manufacturing processes that require inert, stable environments.
• Government and private investments in space programs are contributing to increased helium demand for propulsion systems and high-altitude scientific balloons.
• Increased awareness and implementation of helium conservation practices are supporting long-term industry sustainability and reducing reliance on volatile supply chains.
• Limited global helium reserves and the complex, costly extraction process present ongoing challenges, with supply disruptions often causing price volatility and uncertain availability across key consuming industries.

Helium Market Segmentation

By Type:

• Liquid Helium
• Gaseous Helium

By Application:

• Breathing Mixes
• Cryogenics
• Leak Detection
• Pressurizing and Purging
• Welding
• Controlled Atmosphere
• Other Applications

By End User:

• Healthcare
• Welding And Metal Fabrication
• Electronics And Semiconductors
• Laboratory
• Lifting And Balloons
• Other End-Users

By Geography:

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Helium Market Size Data, Trends, Growth Opportunities, and Restraining Factors:

• This comprehensive Helium market report delivers updated market size estimates from 2024 to 2034, offering in-depth analysis of the latest Helium market trends, short-term and long-term growth drivers, competitive landscape, and new business opportunities. The report presents growth forecasts across key Helium types, applications, and major segments, alongside detailed insights into the current Helium market scenario to support companies in formulating effective market strategies.
• The Helium market outlook thoroughly examines the impact of ongoing supply chain disruptions and geopolitical issues worldwide. Factors such as trade tariffs, regulatory restrictions, production losses, and the emergence of alternatives or substitutes are carefully considered in the Helium market size projections. Additionally, the analysis highlights the effects of inflation and correlates past economic downturns with current Helium market trends, providing actionable intelligence for stakeholders to navigate the evolving Helium business environment with precision.

Helium Market Competition, Intelligence, Key Players, and Winning Strategies to 2034:

• The 2025 Helium Market Research Report identifies winning strategies for companies to register increased sales and improve market share.
• Opinions from senior executives from leading companies in the Helium market are imbibed thoroughly and the Helium industry expert predictions on the economic downturn, technological advancements in the Helium market, and customized strategies specific to a product and geography are mentioned.
• The Helium market report is a source of comprehensive data and analysis of the industry, helping businesses to make informed decisions and stay ahead of the competition. The Helium market study assists investors in analyzing On Helium business prospects by region, key countries, and top companies' information to channel their investments.
• The report provides insights into consumer behavior and preferences, including their buying patterns, brand loyalty, and factors influencing their purchasing decisions. It also includes an analysis of the regulatory environment and its impact on the Helium industry. Shifting consumer demand despite declining GDP and burgeoning interest rates to control surging inflation is well detailed.

What's Included in the Report?

• Global Helium market size and growth projections, 2024-2034
• North America Helium market size and growth forecasts, 2024-2034 (United States, Canada, Mexico)
• Europe market size and growth forecasts, 2024-2034 (Germany, France, United Kingdom, Italy, Spain)
• Asia-Pacific Helium market size and growth forecasts, 2024-2034 (China, India, Japan, South Korea, Australia)
• Middle East Africa Helium market size and growth estimate, 2024-2034 (Middle East, Africa)
• South and Central America Helium market size and growth outlook, 2024-2034 (Brazil, Argentina, Chile)
• Helium market size, share and CAGR of key products, applications, and other verticals, 2024-2034
• Short- and long-term Helium market trends, drivers, challenges, and opportunities
• Helium market insights, Porter’s Five Forces analysis
• Profiles of 5 leading companies in the industry - overview, key strategies, financials, product portfolio and SWOT analysis
• Latest market news and developments

Key Questions Answered in This Report:

• What is the current Helium market size at global, regional, and country levels?
• What is the market penetration of different types, Applications, processes/technologies, and distribution/sales channels of the Helium market?
• What will be the impact of economic slowdown/recission on Helium demand/sales?
• How has the global Helium market evolved in past years and what will be the future trajectory?
• What is the impact of growing inflation, Russia-Ukraine war on the Helium market forecast?
• What are the Supply chain challenges for Helium?
• What are the potential regional Helium markets to invest in?
• What is the product evolution and high-performing products to focus in the Helium market?
• What are the key driving factors and opportunities in the industry?
• Who are the key players in Helium market and what is the degree of competition/Helium market share?
• What is the market structure /Helium Market competitive Intelligence?

Available Customizations:

The standard syndicate report is designed to serve the common interests of Helium Market players across the value chain, and include selective data and analysis from entire research findings as per the scope and price of the publication.

However, to precisely match the specific research requirements of individual clients, several customization options are offered to include the data and analysis of interest in the final deliverable.

Some of the customization requests are as mentioned below:

• Segmentation of choice - Clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
• Helium Pricing and Margins Across the Supply Chain, Helium Price Analysis / International Trade Data / Import-Export Analysis.
• Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Helium market analytics.
• Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations.
• Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
• Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.

Additional support:

• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication allowed on purchase of online versions
• 10% free customization to include any specific data/analysis to match the requirement
• 7 days of analyst support

This product will be delivered within 1-3 business days.