Helium Market Size, Share, Opportunities, And Trends By Form (Gas, Liquid), By Type (On-site, Merchant, Packaged), By Application (Cryogenics, Leak Detection, Breathing Mixes, Others), By Industry Vertical (Aerospace and Defense, Electronics and Semiconductors, Healthcare, Transportation, Manufacturing, Others), And By Geography – Forecasts From 2025 To 2030

Helium Market Size:

The helium market is valued at US$3,361.234 million in 2025 and is projected to expand at a CAGR of 4.53% over the forecast period to reach US$3,906.645 million by 2030.

Helium is a form of odorless and colorless gas which is non-toxic in nature. Helium gas offers key applications across multiple industries, including cryogenic, medical imaging, aerospace, and electronic manufacturing. In medical imaging, the gas is used as a cooling agent for various types of equipment, such as MRI machines. Similarly, in the aerospace sector, the gas is commonly utilized as a lifting gas and propulsion fuel for rockets and weather balloons. Helium gas exhibits chemical inertness, making it safer for use across multiple industries. It also features lower density and high thermal conductivity.

Helium Market Overview & Scope:

The helium market is segmented by:

• Form: By form, the helium market is categorized into gas and liquid. The gas category of the form segment is expected to capture a larger market share. Gas offers flexible application, along with convenience in storage and transportation.

• Type: By type, the market is divided into on-site, merchant, and packaged. The packaged category is estimated to grow rapidly.

• Application: The helium market is categorized by application into cryogenics, leak detection, breathing mixes, and other uses. The cryogenic category is expected to experience notable growth.

• Industry Vertical: By industry vertical, the market is divided into aerospace & defense, electronics & semiconductors, healthcare, transportation, manufacturing, and others. The electronics and semiconductors category is estimated to grow significantly. In the electronics sector, helium gas is commonly utilized for the manufacturing of semiconductors and various electrical components.

• Region: The global helium market is segmented by region into North America, South America, Europe, the Middle East & Africa, and the Asia Pacific. The Asia Pacific region is estimated to grow at a higher rate, primarily driven by the increasing production of electronics and semiconductors, particularly in countries such as Japan, China, South Korea, Taiwan, and India, among others.

Top Trends Shaping the Helium Market:

1. Expansion of Healthcare Infrastructure

• The increasing development of the healthcare sector is estimated to boost the global helium market expansion. In the healthcare sector, helium gas is commonly used as a cooling agent in various medical imaging equipment, including MRI machines and other imaging technologies.

Helium Market Growth Drivers vs. Challenges:

Drivers:

• Increasing demand for semiconductors: The growing production and demand for semiconductors worldwide are among the key factors driving the demand for helium during the forecasted period. In the semiconductor sector, helium plays a crucial role in the manufacturing process. Helium serves as a cooling agent and carrier gas in the fabrication process of semiconductors. The global demand for semiconductors has witnessed significant growth over the past few years. The Semiconductor Industry Association, in its global report, stated that in 2024, semiconductor sales were recorded at US$627.6 billion, representing a 19.1% increase compared to 2023.

• Growing application in the aerospace and defense sector: In the aerospace and defense sector, helium gas offers a wide range of applications. In this sector, the gas is commonly utilized as a cooling agent for aircraft and high-altitude balloons. The increasing production of the aerospace sector, along with advancement in aircraft design, is estimated to propel the demand for helium.

Challenges:

• Higher extraction cost: A major factor hindering the global helium market’s growth is the higher cost associated with the extraction of helium gas.

Helium Market Regional Analysis:

• North America: The North American region is expected to capture a larger share of the global helium market. The region's growth is driven by the increasing production of semiconductors and electronic devices within it. Similarly, the growth of the aerospace and defense sector is also expected to drive market growth. The increasing development of the healthcare and transportation sector is also estimated to increase the demand for helium in the region.

Helium Market Competitive Landscape:

The market is fragmented, with many notable players, including Qatargas, Praxair (Linde Gas and Equipment), Air Liquide, Iwatani Corporation of America, Messer Group, Buzwair Industrial Gases Factory, Matheson Tri-Gas, SOL India Private Limited, Air Products and Chemicals, Inc., Helium One Global, GB Gases Ltd, and 45-8 Energy, among others.

• In November 2024, Sinopec Star Co., Ltd., a clean energy subsidy of China Petroleum & Chemical Corporation, launched the first-ever Geothermal Power Production Pilot Project. Through this project, the company also aims to extract helium, which can be further utilized across multiple industries, including low-load power generation.

Helium Market Scope:

Report Metric	Details
Helium Market Size in 2025	US$3,361.234 million
Helium Market Size in 2030	US$3,906.645 million
Growth Rate	CAGR of 4.53%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Million
Segmentation	Form Type Application Industry Vertical Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Helium Market	Qatargas Linde Gas and Equipment Inc. Air Liquide S.A. Iwatani Corporation Messer Group GmbH
Customization Scope	Free report customization with purchase

 

Helium Market Segmentation:

By Form

• Gas
• Liquid

By Type

• On-site
• Merchant
• Packaged

By Application

• Cryogenics
• Leak Detection
• Breathing Mixes
• Others

By Industry Vertical

• Aerospace and Defense
• Electronics and Semiconductors
• Healthcare
• Transportation
• Manufacturing
• Others

By Region

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Others
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Taiwan
  • Others

 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. HELIUM MARKET BY FORM

5.1. Introduction

5.2. Gas

5.3. Liquid

6. HELIUM MARKET BY TYPE

6.1. Introduction

6.2. On-site

6.3. Merchant

6.4. Packaged

7. HELIUM MARKET BY APPLICATION

7.1. Introduction

7.2. Cryogenics

7.3. Leak Detection

7.4. Breathing Mixes

7.5. Others

8. HELIUM MARKET BY INDUSTRY VERTICAL

8.1. Introduction

8.2. Aerospace and Defense

8.3. Electronics and Semiconductors

8.4. Healthcare

8.5. Transportation

8.6. Manufacturing

8.7. Others

9. HELIUM MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Form

9.2.2. By Type

9.2.3. By Application

9.2.4. By Industry Vertical

9.2.5. By Country

9.2.5.1. USA

9.2.5.2. Canada

9.2.5.3. Mexico

9.3. South America

9.3.1. By Form

9.3.2. By Type

9.3.3. By Application

9.3.4. By Industry Vertical

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. By Form

9.4.2. By Type

9.4.3. By Application

9.4.4. By Industry Vertical

9.4.5. By Country

9.4.5.1. United Kingdom

9.4.5.2. Germany

9.4.5.3. France

9.4.5.4. Spain

9.4.5.5. Others

9.5. Middle East and Africa

9.5.1. By Form

9.5.2. By Type

9.5.3. By Application

9.5.4. By Industry Vertical

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. UAE

9.5.5.3. Others

9.6. Asia Pacific

9.6.1. By Form

9.6.2. By Type

9.6.3. By Application

9.6.4. By Industry Vertical

9.6.5. By Country

9.6.5.1. China

9.6.5.2. Japan

9.6.5.3. India

9.6.5.4. South Korea

9.6.5.5. Taiwan

9.6.5.6. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Qatargas

11.2.  Linde Gas and Equipment Inc.

11.3. Air Liquide S.A.

11.4. Iwatani Corporation

11.5. Messer Group GmbH

11.6. Buzwair Industrial Gases Factories

11.7. Matheson Tri-Gas, Inc.

11.8. SOL India Private Limited

11.9. Air Products and Chemicals, Inc.

11.10. Helium One Global Ltd

11.11. GB Gases Limited

11.12. 45-8 energy

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations 

Qatargas 

Linde Gas and Equipment Inc.

Air Liquide S.A.

Iwatani Corporation

Messer Group GmbH

Buzwair Industrial Gases Factories 

Matheson Tri-Gas, Inc. 

SOL India Private Limited 

Air Products and Chemicals, Inc. 

Helium One Global Ltd

GB Gases Limited 

45-8 energy