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Helium Market Size, Share & Trends Analysis Report By Phase, By End-use (Medical & Healthcare, Aerospace & Defense, Electronics & Electrical, Nuclear Power, Metal Fabrication and Others), By Application, By Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 375 Pages
  • March 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953629
The Global Helium Market size is expected to reach $5.3 billion by 2030, rising at a market growth of 6.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,50,979.9 tonnes, experiencing a growth of 3.3% (2019-2022).

In pressurizing applications, helium is used to pressurize tanks, pipelines, and other systems where maintaining a specific pressure is critical. Thus, the pressurizing & puring segment acquired $425.7 million revenue in 2022. Also, Canada market utilized 716.1 tonnes of helium in pressurizing & puring segment in 2022. Helium's inert nature ensures that it does not react with the materials in the system, making it suitable for use in a wide range of industries, including aerospace, automotive, and manufacturing.



An escalating number of nations are devoting resources and efforts towards space exploration in an effort to push the limits of human knowledge and technology and increase the understanding of the cosmos. Therefore, these factors will support the growth of the market.

It plays a crucial role in emerging technologies such as quantum computing and superconductivity research, where its unique properties are essential for achieving breakthroughs in these fields. Thus, as these technologies continue to develop, the demand for helium will increase.

However, it is a non-renewable resource, primarily extracted as a byproduct of natural gas production. The helium concentration in natural gas deposits is typically low, making it challenging and costly to extract and purify. Hence, the limited supply of helium is a major factor that may hamper the market's growth.

By Phase Analysis

Based on phase, the market is characterized into gas and liquid. The gas segment garnered the highest revenue share in the market in 2022. Helium gas is commonly used in applications where inertness and low density are important. In terms of volume, the gas segment utilized 1,01,252.6 tonnes of helium in 2022. In aerospace, electronics manufacturing, and welding industries, helium gas is used as a lifting gas, shielding gas, and leak detection due to its low density and inert nature.

By End-use Analysis

By end-use, the market is divided into aerospace & defense, medical & healthcare, electronics & electrical, nuclear power, metal fabrication, and others. The electronics & electrical segment procured a remarkable growth rate in the market in 2022. In terms of Volume, the electronics & electrical segment utilized 19,438.7 tonnes of helium in 2022. Helium is used in various applications in the electrical industry, including as a shielding gas in arc welding processes.



By Application Analysis

On the basis of application, the market is classified into breathing mixes, cryogenics, leak detection, pressurizing & puring, welding, controlled atmosphere, and others. The controlled atmosphere segment witnessed a promising growth rate in the market in 2022. In terms of volume, controlled atmosphere segment utilized 11,021.5 tonnes of helium in 2022.The use of helium in controlled atmosphere applications has been increasing due to the unique properties that make it an ideal gas for creating and maintaining specific atmospheric conditions.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded 37% revenue share in the market in 2022. In terms of volume, North America region utilized 48,389.1 tonnes of helium in 2022. The increasing demand for helium in North America is driven by its essential role in various industries and applications, highlighting its importance as a valuable and versatile gas.

List of Key Companies Profiled

  • Air Products and Chemicals, Inc.
  • Linde plc
  • Air Liquide S.A.
  • Messer SE & Co. KGaA (Messer Industrie GmbH)
  • Gulf Cryo
  • Axcel Gases
  • Iwatani Corporation
  • MESA International Technologies, Inc.
  • Matheson Tri-Gas, Inc. (The Nippon Sanso Holdings Group)
  • IACX Energy LLC (Alder Midstream, LLC)

Market Report Segmentation

By Phase (Volume, Tonnes, USD Billion, 2019-2030)
  • Gas
  • Liquid
By End-use (Volume, Tonnes, USD Billion, 2019-2030)
  • Medical & Healthcare
  • Aerospace & Defense
  • Electronics & Electrical
  • Nuclear Power
  • Metal Fabrication
  • Others
By Application (Volume, Tonnes, USD Billion, 2019-2030)
  • Cryogenics
  • Breathing Mixes
  • Leak Detection
  • Welding
  • Pressurizing & Puring
  • Controlled Atmosphere
  • Others
By Geography (Volume, Tonnes, USD Billion, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Helium Market, by Phase
1.4.2 Global Helium Market, by End-use
1.4.3 Global Helium Market, by Application
1.4.4 Global Helium Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Helium Market by Phase
4.1 Global Gas Market by Region
4.2 Global Liquid Market by Region
Chapter 5. Global Helium Market by End-use
5.1 Global Medical & Healthcare Market by Region
5.2 Global Aerospace & Defense Market by Region
5.3 Global Electronics & Electrical Market by Region
5.4 Global Nuclear Power Market by Region
5.5 Global Metal Fabrication Market by Region
5.6 Global Others Market by Region
Chapter 6. Global Helium Market by Application
6.1 Global Cryogenics Market by Region
6.2 Global Breathing Mixes Market by Region
6.3 Global Leak Detection Market by Region
6.4 Global Welding Market by Region
6.5 Global Pressurizing & Puring Market by Region
6.6 Global Controlled Atmosphere Market by Region
6.7 Global Others Market by Region
Chapter 7. Global Helium Market by Region
7.1 North America Helium Market
7.1.1 North America Helium Market by Phase
7.1.1.1 North America Gas Market by Country
7.1.1.2 North America Liquid Market by Country
7.1.2 North America Helium Market by End-use
7.1.2.1 North America Medical & Healthcare Market by Country
7.1.2.2 North America Aerospace & Defense Market by Country
7.1.2.3 North America Electronics & Electrical Market by Country
7.1.2.4 North America Nuclear Power Market by Country
7.1.2.5 North America Metal Fabrication Market by Country
7.1.2.6 North America Others Market by Country
7.1.3 North America Helium Market by Application
7.1.3.1 North America Cryogenics Market by Country
7.1.3.2 North America Breathing Mixes Market by Country
7.1.3.3 North America Leak Detection Market by Country
7.1.3.4 North America Welding Market by Country
7.1.3.5 North America Pressurizing & Puring Market by Country
7.1.3.6 North America Controlled Atmosphere Market by Country
7.1.3.7 North America Others Market by Country
7.1.4 North America Helium Market by Country
7.1.4.1 US Helium Market
7.1.4.1.1 US Helium Market by Phase
7.1.4.1.2 US Helium Market by End-use
7.1.4.1.3 US Helium Market by Application
7.1.4.2 Canada Helium Market
7.1.4.2.1 Canada Helium Market by Phase
7.1.4.2.2 Canada Helium Market by End-use
7.1.4.2.3 Canada Helium Market by Application
7.1.4.3 Mexico Helium Market
7.1.4.3.1 Mexico Helium Market by Phase
7.1.4.3.2 Mexico Helium Market by End-use
7.1.4.3.3 Mexico Helium Market by Application
7.1.4.4 Rest of North America Helium Market
7.1.4.4.1 Rest of North America Helium Market by Phase
7.1.4.4.2 Rest of North America Helium Market by End-use
7.1.4.4.3 Rest of North America Helium Market by Application
7.2 Europe Helium Market
7.2.1 Europe Helium Market by Phase
7.2.1.1 Europe Gas Market by Country
7.2.1.2 Europe Liquid Market by Country
7.2.2 Europe Helium Market by End-use
7.2.2.1 Europe Medical & Healthcare Market by Country
7.2.2.2 Europe Aerospace & Defense Market by Country
7.2.2.3 Europe Electronics & Electrical Market by Country
7.2.2.4 Europe Nuclear Power Market by Country
7.2.2.5 Europe Metal Fabrication Market by Country
7.2.2.6 Europe Others Market by Country
7.2.3 Europe Helium Market by Application
7.2.3.1 Europe Cryogenics Market by Country
7.2.3.2 Europe Breathing Mixes Market by Country
7.2.3.3 Europe Leak Detection Market by Country
7.2.3.4 Europe Welding Market by Country
7.2.3.5 Europe Pressurizing & Puring Market by Country
7.2.3.6 Europe Controlled Atmosphere Market by Country
7.2.3.7 Europe Others Market by Country
7.2.4 Europe Helium Market by Country
7.2.4.1 Germany Helium Market
7.2.4.1.1 Germany Helium Market by Phase
7.2.4.1.2 Germany Helium Market by End-use
7.2.4.1.3 Germany Helium Market by Application
7.2.4.2 UK Helium Market
7.2.4.2.1 UK Helium Market by Phase
7.2.4.2.2 UK Helium Market by End-use
7.2.4.2.3 UK Helium Market by Application
7.2.4.3 France Helium Market
7.2.4.3.1 France Helium Market by Phase
7.2.4.3.2 France Helium Market by End-use
7.2.4.3.3 France Helium Market by Application
7.2.4.4 Russia Helium Market
7.2.4.4.1 Russia Helium Market by Phase
7.2.4.4.2 Russia Helium Market by End-use
7.2.4.4.3 Russia Helium Market by Application
7.2.4.5 Spain Helium Market
7.2.4.5.1 Spain Helium Market by Phase
7.2.4.5.2 Spain Helium Market by End-use
7.2.4.5.3 Spain Helium Market by Application
7.2.4.6 Italy Helium Market
7.2.4.6.1 Italy Helium Market by Phase
7.2.4.6.2 Italy Helium Market by End-use
7.2.4.6.3 Italy Helium Market by Application
7.2.4.7 Rest of Europe Helium Market
7.2.4.7.1 Rest of Europe Helium Market by Phase
7.2.4.7.2 Rest of Europe Helium Market by End-use
7.2.4.7.3 Rest of Europe Helium Market by Application
7.3 Asia Pacific Helium Market
7.3.1 Asia Pacific Helium Market by Phase
7.3.1.1 Asia Pacific Gas Market by Country
7.3.1.2 Asia Pacific Liquid Market by Country
7.3.2 Asia Pacific Helium Market by End-use
7.3.2.1 Asia Pacific Medical & Healthcare Market by Country
7.3.2.2 Asia Pacific Aerospace & Defense Market by Country
7.3.2.3 Asia Pacific Electronics & Electrical Market by Country
7.3.2.4 Asia Pacific Nuclear Power Market by Country
7.3.2.5 Asia Pacific Metal Fabrication Market by Country
7.3.2.6 Asia Pacific Others Market by Country
7.3.3 Asia Pacific Helium Market by Application
7.3.3.1 Asia Pacific Cryogenics Market by Country
7.3.3.2 Asia Pacific Breathing Mixes Market by Country
7.3.3.3 Asia Pacific Leak Detection Market by Country
7.3.3.4 Asia Pacific Welding Market by Country
7.3.3.5 Asia Pacific Pressurizing & Puring Market by Country
7.3.3.6 Asia Pacific Controlled Atmosphere Market by Country
7.3.3.7 Asia Pacific Others Market by Country
7.3.4 Asia Pacific Helium Market by Country
7.3.4.1 China Helium Market
7.3.4.1.1 China Helium Market by Phase
7.3.4.1.2 China Helium Market by End-use
7.3.4.1.3 China Helium Market by Application
7.3.4.2 Japan Helium Market
7.3.4.2.1 Japan Helium Market by Phase
7.3.4.2.2 Japan Helium Market by End-use
7.3.4.2.3 Japan Helium Market by Application
7.3.4.3 India Helium Market
7.3.4.3.1 India Helium Market by Phase
7.3.4.3.2 India Helium Market by End-use
7.3.4.3.3 India Helium Market by Application
7.3.4.4 South Korea Helium Market
7.3.4.4.1 South Korea Helium Market by Phase
7.3.4.4.2 South Korea Helium Market by End-use
7.3.4.4.3 South Korea Helium Market by Application
7.3.4.5 Singapore Helium Market
7.3.4.5.1 Singapore Helium Market by Phase
7.3.4.5.2 Singapore Helium Market by End-use
7.3.4.5.3 Singapore Helium Market by Application
7.3.4.6 Malaysia Helium Market
7.3.4.6.1 Malaysia Helium Market by Phase
7.3.4.6.2 Malaysia Helium Market by End-use
7.3.4.6.3 Malaysia Helium Market by Application
7.3.4.7 Rest of Asia Pacific Helium Market
7.3.4.7.1 Rest of Asia Pacific Helium Market by Phase
7.3.4.7.2 Rest of Asia Pacific Helium Market by End-use
7.3.4.7.3 Rest of Asia Pacific Helium Market by Application
7.4 LAMEA Helium Market
7.4.1 LAMEA Helium Market by Phase
7.4.1.1 LAMEA Gas Market by Country
7.4.1.2 LAMEA Liquid Market by Country
7.4.2 LAMEA Helium Market by End-use
7.4.2.1 LAMEA Medical & Healthcare Market by Country
7.4.2.2 LAMEA Aerospace & Defense Market by Country
7.4.2.3 LAMEA Electronics & Electrical Market by Country
7.4.2.4 LAMEA Nuclear Power Market by Country
7.4.2.5 LAMEA Metal Fabrication Market by Country
7.4.2.6 LAMEA Others Market by Country
7.4.3 LAMEA Helium Market by Application
7.4.3.1 LAMEA Cryogenics Market by Country
7.4.3.2 LAMEA Breathing Mixes Market by Country
7.4.3.3 LAMEA Leak Detection Market by Country
7.4.3.4 LAMEA Welding Market by Country
7.4.3.5 LAMEA Pressurizing & Puring Market by Country
7.4.3.6 LAMEA Controlled Atmosphere Market by Country
7.4.3.7 LAMEA Others Market by Country
7.4.4 LAMEA Helium Market by Country
7.4.4.1 Brazil Helium Market
7.4.4.1.1 Brazil Helium Market by Phase
7.4.4.1.2 Brazil Helium Market by End-use
7.4.4.1.3 Brazil Helium Market by Application
7.4.4.2 Argentina Helium Market
7.4.4.2.1 Argentina Helium Market by Phase
7.4.4.2.2 Argentina Helium Market by End-use
7.4.4.2.3 Argentina Helium Market by Application
7.4.4.3 UAE Helium Market
7.4.4.3.1 UAE Helium Market by Phase
7.4.4.3.2 UAE Helium Market by End-use
7.4.4.3.3 UAE Helium Market by Application
7.4.4.4 Saudi Arabia Helium Market
7.4.4.4.1 Saudi Arabia Helium Market by Phase
7.4.4.4.2 Saudi Arabia Helium Market by End-use
7.4.4.4.3 Saudi Arabia Helium Market by Application
7.4.4.5 South Africa Helium Market
7.4.4.5.1 South Africa Helium Market by Phase
7.4.4.5.2 South Africa Helium Market by End-use
7.4.4.5.3 South Africa Helium Market by Application
7.4.4.6 Nigeria Helium Market
7.4.4.6.1 Nigeria Helium Market by Phase
7.4.4.6.2 Nigeria Helium Market by End-use
7.4.4.6.3 Nigeria Helium Market by Application
7.4.4.7 Rest of LAMEA Helium Market
7.4.4.7.1 Rest of LAMEA Helium Market by Phase
7.4.4.7.2 Rest of LAMEA Helium Market by End-use
7.4.4.7.3 Rest of LAMEA Helium Market by Application
Chapter 8. Company Profiles
8.1 Air Products and Chemicals, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Linde PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Geographical Expansions:
8.2.6 SWOT Analysis
8.3 Air Liquide S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 SWOT Analysis
8.4 Messer SE & Co. KGaA (Messer Industrie GmbH)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 SWOT Analysis
8.5 Gulf Cryo
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Axcel Gases
8.6.1 Company Overview
8.7 Iwatani Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 MESA International Technologies, Inc.
8.8.1 Company Overview
8.9 Matheson Tri-Gas, Inc. (The Nippon Sanso Holdings Group)
8.9.1 Company Overview
8.10. IACX Energy LLC (Alder Midstream, LLC)
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
Chapter 9. Winning Imperatives of Helium Market

Companies Mentioned

  • Air Products and Chemicals, Inc.
  • Linde plc
  • Air Liquide S.A.
  • Messer SE & Co. KGaA (Messer Industrie GmbH)
  • Gulf Cryo
  • Axcel Gases
  • Iwatani Corporation
  • MESA International Technologies, Inc.
  • Matheson Tri-Gas, Inc. (The Nippon Sanso Holdings Group)
  • IACX Energy LLC (Alder Midstream, LLC)

Methodology

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