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The global Helium Market Size is experiencing significant growth, driven by its critical applications across various industries. Helium’s unique properties, such as low boiling point, inertness, and high thermal conductivity, make it indispensable in sectors like healthcare, electronics, aerospace, and nuclear energy. In the medical field, helium is essential for cooling superconducting magnets in MRI machines, while in electronics, it’s used in semiconductor manufacturing processes. The aerospace industry utilizes helium for pressurizing and purging systems, and in nuclear energy, it’s employed as a coolant. These diverse applications underscore helium’s vital role in modern technology and industry.β
However, the helium market faces challenges due to supply constraints. The depletion of the U.S. Federal Helium Reserve and limited new sources have led to concerns about long-term availability. Geopolitical factors and the complexity of helium extraction further exacerbate supply issues. Despite these challenges, the market is projected to grow, with increasing demand prompting investments in exploration and production to secure future supplies.
Estimated Growth Rate for Helium Market
The Helium Market size was valued at USD 16.77 Billion in 2024 and the total Helium revenue is expected to grow at a CAGR of 8.3% from 2025 to 2032, reaching nearly USD 31.73 Billion.
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Regional Analysis : β
Regionally, North America holds a significant share of the helium market, attributed to its historical production and consumption levels. The presence of the now-depleted U.S. Federal Helium Reserve previously positioned the United States as a leading supplier. Despite the reserve’s closure, ongoing production and technological advancements continue to support the region’s market presence.
Helium Market Segmentation:
by Phase
Liquid
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 that make up the worldwide helium market.
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 several segments, including nuclear power, aerospace and aircraft, electronics and semiconductors, 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 -269Β° 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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Key Players :
Discover strategies of the key players in the market and explore how they are navigating trends, expanding their portfolios, and capitalizing on emerging applications. From global leaders to regional influencers, this report provides a complete competitive analysis.
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
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-helium-market/26772/
Key Highlights:
- Historical Market Data (2019-2024)
- Forecasts by Segment, Region, and Industry Application (2025-2032)
- SWOT Analysis, Value Chain Insights, and Growth Drivers
- Legal Aspects by Region and Emerging Opportunities
Top Questions Answered:
- What are the key growth drivers and trends in the market?
- Who are the major players, and how do they maintain a competitive edge?
- What new applications are poised to revolutionize theΒ HeliumΒ industry?
- How will the market grow in the coming years, and at what rate?
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