Helium - Global Strategic Business Report

The global market for Helium was valued at US$2.6 Billion in 2024 and is projected to reach US$3.5 Billion by 2030, growing at a CAGR of 5.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Helium market.

Global Helium: Key Trends & Drivers Summarized

Helium is a unique and vital element, known for its distinct properties of being the second lightest and second most abundant element in the observable universe. It is a colorless, odorless, tasteless, non-toxic, and inert gas, often found in natural gas reserves and extracted through a complex process of fractional distillation. Helium has several key applications across various industries due to its low boiling point, non-reactive nature, and thermal conductivity. In the medical field, helium is crucial for operating magnetic resonance imaging (MRI) machines, as it is used to cool the superconducting magnets to extremely low temperatures necessary for their operation. Additionally, helium is essential in scientific research, particularly in cryogenics and high-energy particle physics, where it enables the study of matter at very low temperatures.

Technological advancements and innovations have significantly expanded the uses of helium beyond traditional applications. In the aerospace and defense sectors, helium is employed in the pressurization and purging systems of rockets and spacecraft due to its inertness and ability to prevent explosions and contamination. The electronics industry utilizes helium in the manufacturing of semiconductors and fiber optics, as it provides an ideal environment for creating precise and high-quality components. Furthermore, helium's unique properties make it indispensable for leak detection in high-vacuum systems and pipelines, ensuring the integrity and safety of critical infrastructure. The entertainment industry also relies on helium for inflating balloons and creating lighter-than-air displays, although this use is relatively minor compared to its industrial applications.

The growth in the helium market is driven by several factors. Technological advancements in healthcare, particularly the increasing demand for MRI machines, have significantly boosted the need for helium in medical applications. The expansion of the aerospace industry, with a growing number of space missions and satellite launches, has increased the demand for helium for pressurization and purging. Additionally, the rapid growth of the electronics industry, driven by the rising demand for semiconductors and fiber optics, has further stimulated market growth. The increasing focus on infrastructure safety and the need for advanced leak detection methods also contribute to the rising demand for helium. Moreover, the global shift towards clean energy and the development of fusion technology present new opportunities for helium applications. These factors collectively drive the robust growth of the helium market, highlighting its critical role in various high-tech and industrial sectors.

Report Scope

The report analyzes the Helium market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.

Segments: Type (Gas, Liquid); Distribution Channel (Packaged, Merchant, Onsite); Application (Cryogenics, Welding, Laboratory, Lifting Balloons, Fiber Optics, Pressurizing & Purging, Leak Detection, Breathing Mixtures, Other Applications).

Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Packaged segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 4.7%. The Merchant segment is also set to grow at 4.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $681.5 Million in 2024, and China, forecasted to grow at an impressive 6.6% CAGR to reach $498.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Helium Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Helium Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Helium Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Air Liquide SA, Air Products and Chemicals, Inc., Airgas, Inc., Axcel Gases, Iwatani Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 30 companies featured in this Helium market report include:

• Air Liquide SA
• Air Products and Chemicals, Inc.
• Airgas, Inc.
• Axcel Gases
• Iwatani Corporation
• Linde PLC
• Matheson Tri-Gas, Inc.
• Nexair LLC
• Renergen Limited
• Taiyo Nippon Sanso Corporation

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry