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Helium Market Size, Share & Trend Analysis Report By Phase (Liquid, Gas), By Application (Cryogenics, Leak Detection, Welding), By End use (Medical & Healthcare, Nuclear Power), By Region, And Segment Forecasts, 2025 - 2030
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Helium Market Growth & Trends:
The global helium market size is expected to reach USD 6.06 billion by 2030, registering a CAGR of 6.7% from 2025 to 2030, according to a new study by Grand View Research, Inc. Helium is used in various medical and healthcare applications, such as magnetic resonance imaging (MRI) machines and cryogenics for preserving biological samples. The growing healthcare industry, along with the increasing use of MRI technology, has driven up product demand. Helium finds applications in the manufacturing and temperature control of semiconductors and various electronic components. Growing technological advancements drive the requirement for these components, consequently augmenting the product demand.
Furthermore, the product is used in the detection of leaks within the energy sector, notably in natural gas pipelines and storage facilities. As the energy industry continues to grow, the necessity for helium in these specific applications follows suit. At the beginning of 2022, helium supply interruptions were experienced due to maintenance shutdowns at gas production facilities in the United States and Qatar, as well as fires at a recently established Russian facility. Consequently, several academic research laboratories reliant on it, for cooling purposes in nuclear MR (NMR), superconducting quantum interference devices (SQUID), and MR spectroscopy equipment, were compelled to temporarily halt their operations.
In addition, some labs were compelled to pay a 30% premium to secure their supply. In light of the persistent product shortage affecting multiple industries on a global scale, various R&D labs delve into the potential of recycling and conservation methods to address this pressing international concern. In recent years, significant technological progress has played a crucial role in the development of promising recycling methods aimed at conserving helium. However, challenges associated with the adoption of these novel approaches, coupled with potential enduring effects on both industrial processes & environmental well-being, underscore the importance of gaining a thorough grasp of the future landscape of recycling & preservation.
Helium Market Report Highlights:
- The gas phase dominated the global market with a revenue share of approximately 72.2% in 2024
- The cryogenics application segment held the largest revenue share of 23.0% in 2024
- The medical & healthcare segment accounted for a revenue share of 40.0% in 2024
- North America helium market held a dominant revenue share of 36.7% in 2024 due to the presence of abundant reserves of helium-rich natural gas
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Helium Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing/Technology Outlook
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis
- 3.3.1. Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Helium Market: Phase Estimates & Trend Analysis
- 4.1. Helium Market: Phase Movement Analysis, 2023 & 2030
- 4.2. Gas
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.3. Liquid
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Helium Market: Application Estimates & Trend Analysis
- 5.1. Helium Market: Phase Movement Analysis, 2023 & 2030
- 5.2. Breathing Mixes
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.3. Cryogenics
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.4. Leak Detection
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.5. Pressurizing & Puring
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.6. Welding
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.7. Controlled Atmosphere
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.8. Other Applications
- 5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Helium Market: End Use Estimates & Trend Analysis
- 6.1. Helium Market: End Use Movement Analysis, 2023 & 2030
- 6.2. Aerospace & Defense
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.3. Medical & Healthcare
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Electronics & Electrical
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.5. Nuclear Power
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.6. Metal Fabrication
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 6.7. Other End Uses
- 6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Helium Market: Regional Estimates & Trend Analysis
- 7.1. Regional Analysis, 2023 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7. Mexico
- 7.2.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.2.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5. Germany
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6. UK
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7. France
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8. Italy
- 7.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9. Spain
- 7.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.9.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5. China
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7. Japan
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8. South Korea
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Latin America
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5. Brazil
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6. Argentina
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5. Saudi Arabia
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6. South Africa
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.2. Market estimates and forecasts, by phase, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Market Positioning Analysis, 2024
- 8.5. Strategy Mapping
- 8.6. Company Profiles/Listing
- 8.6.1. Air Products and Chemicals, Inc.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Technology Benchmarking
- 8.6.2. Linde Plc
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Technology Benchmarking
- 8.6.3. Air Liquide
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Technology Benchmarking
- 8.6.4. Messer Group
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Technology Benchmarking
- 8.6.5. Taiyo Nippon Sanso India
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Technology Benchmarking
- 8.6.6. MESA Specialty Gases & Equipment
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Technology Benchmarking
- 8.6.7. Matheson Tri-Gas Inc.
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Technology Benchmarking
- 8.6.8. Iwatani Corporation
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Technology Benchmarking
- 8.6.9. Gazprom PJSC
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Technology Benchmarking
- 8.6.10. Gulf Cryo S.A.L.
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Technology Benchmarking
- 8.6.11. IACX Energy
- 8.6.11.1. Company Overview
- 8.6.11.2. Financial Performance
- 8.6.11.3. Technology Benchmarking
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