"The Global Helium Market was valued at USD 6.98 billion in 2025 and is projected to reach USD 14.35 billion by 2034, growing at a CAGR of 8.34%."
The helium market is a specialized segment of the global industrial gases industry, valued for helium’s unique properties such as low boiling point, chemical inertness, high thermal conductivity, and non-flammability. Extracted primarily as a byproduct of natural gas processing, helium is indispensable in a range of applications including MRI scanners, semiconductor manufacturing, fiber optics, leak detection, and space exploration. Its cryogenic capabilities make it crucial for cooling superconducting magnets in medical imaging and scientific research. The demand for helium is closely tied to technological advancement, healthcare infrastructure development, and expanding applications in aerospace, electronics, and energy. With limited global reserves concentrated in specific regions, supply security remains a central concern for the market.
North America, particularly the United States, is a leading producer and exporter of helium, with significant reserves also present in Qatar, Algeria, and Russia. Asia-Pacific is witnessing rapid demand growth due to expanding semiconductor and healthcare industries, especially in China, Japan, and South Korea. Europe maintains steady consumption driven by scientific research, space programs, and medical applications. The market is influenced by factors such as geopolitical tensions, supply chain disruptions, and conservation policies aimed at sustainable helium usage. Innovations in helium recycling and extraction from non-traditional sources, such as helium-rich gas fields outside conventional hubs, are gaining momentum to address shortages. Overall, the helium market is poised for stable yet cautious growth, balancing strong demand with constrained and strategically managed supply sources.
Report Scope
| Parameter | Detail |
|---|---|
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2026-2034 |
| Market Size-Units | USD billion/Million |
| Market Splits Covered | By Type ,By Application ,By End User |
| Countries Covered | North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) |
| Analysis Covered | Latest Trends, Driving Factors, Challenges, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
| Customization | 10% free customization(up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
| Post-Sale Support | 4 analyst hours, available up to 4 weeks |
| Delivery Format | The Latest Updated PDF and Excel Datafile |
Regional Insights
North America Helium Market
North America remains a key global player in helium supply, historically thanks to the U.S. helium reserves and extensive natural gas extraction infrastructure. However, the sale and depletion of the Federal Helium Reserve have stirred concerns about future supply stability. Industry players are stepping up exploration efforts for pure-play helium sites to offset dwindling reserves. This region sustains significant demand from healthcare (MRI cooling), semiconductors, aerospace, and research institutions. Challenges include supply concentration and opaque pricing channels controlled by a few major gas distributors, which elevate investment risk. Still, ongoing expansion in semiconductor fabs and aerospace technologies continues to underpin long-term demand.
Asia Pacific Helium Market
Asia Pacific leads global helium volume growth, buoyed by surging demand in electronics, semiconductors, medical, and aerospace sectors. The region’s helium market is growing at a faster clip than elsewhere driven notably by China and India ramping up infrastructure and technology investments. Supply dynamics are tight due to reliance on imports, but ample opportunities exist as both local production and imports expand. Liquid helium forms are gaining momentum in industrial and scientific applications. Market entrants focusing on localized supply chains and logistics solutions are well-positioned to capitalize on this expansion.
Europe Helium Market
Europe’s helium demand remains steady, driven by strong application use in healthcare, electronics, and research. Though regional production is minimal, import reliance has sparked supply vulnerability and pricing pressure when global logistics or geopolitical tensions disrupt access. Amid decarbonization and innovation trends, Europe is also exploring helium recycling and conservation strategies. While mature compared to Asia Pacific, opportunity zones include premium, high-reliability helium solutions for industries like green technologies, clean energy, and scientific instrumentation.
Global Market Dynamics, Trends & Outlook
The global helium market is on a consistent expansion path, with revenue-based CAGR forecasts ranging from modest to aggressive depending on the source. Observed growth rates vary from mid-single-digit annual increments up to strong 8%+ trajectories in long-term forecasts. End-use shifts are particularly notable: the semiconductor industry has emerged as a leading consumer recent estimates put it at around one-quarter to one-fifth of global helium demand. Meanwhile, traditional sectors such as cryogenics (MRI, scientific research) remain significant. Overall, global demand is expected to nearly double by 2035, driven by AI-related semiconductor expansion, quantum computing, telecom infrastructure, aerospace, and electric vehicle technologies. Supply constraints persist as a major theme due to the nonrenewable nature of helium and limited extraction locations. Pricing remains opaque, typically negotiated under confidential contracts, with periodic surges tied to supply shortages or logistics disruptions.
Key Market Insights
- The healthcare sector is a major driver of helium demand, with extensive use in MRI machines for cooling superconducting magnets in advanced imaging technologies.
- Semiconductor and electronics manufacturing rely on helium for creating controlled inert atmospheres, enhancing product quality and manufacturing precision.
- Asia-Pacific is the fastest-growing regional market, propelled by industrial growth, healthcare expansion, and investment in high-tech manufacturing sectors.
- Aerospace and defense applications use helium for rocket pressurization, purging, and as a coolant in advanced propulsion systems.
- Scientific research and cryogenics remain critical helium consumers, supporting laboratories, particle accelerators, and space science projects globally.
- Helium’s non-flammable and chemically inert properties make it ideal for leak detection and testing in sensitive manufacturing environments.
- North America and the Middle East are key production hubs, with the U.S. and Qatar holding significant global supply shares.
- Market growth is challenged by limited reserves, high extraction costs, and supply chain vulnerabilities influenced by geopolitical factors.
- Recycling technologies are gaining traction to improve supply sustainability and reduce dependence on primary helium sources.
- Emerging helium exploration in Africa and Eastern Europe presents potential to diversify global supply and mitigate shortage risks.
Helium Market Segments Covered In The Report
By Type
- Liquid Helium
- Gaseous Helium
By Application
- Breathing Mixes
- Cryogenics
- Leak Detection
- Pressurizing and Purging
- Welding
- Controlled Atmosphere
- Other Applications
By End User
- Healthcare
- Welding And Metal Fabrication
- Electronics And Semiconductors
- Laboratory
- Lifting And Balloons
- Other End-Users
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Key Companies Covered
Linde plc, Air Products and Chemicals, Inc, Nippon Sanso Holdings Corporation, Air Liquide S.A, Iwatani Corporation, Messer Group GmbH, Qatargas Operating Company Limited, Gulf Cryo, Air Water Inc, Axcel Gases, Nippon Helium Inc, Taiyo Nippon Sanso Corporation, The Linde Group Air Products, Chemicals Inc, Anhui Clean Energy Co., Ltd, Chengdu Taiyu Industrial Gases Co., Ltd, Hubei Daly LPG Cylinder Manufacturer Co., Ltd, Jiangsu Hongren Special Gas Co., Ltd, Qingdao Baigong Industrial and Trading Co., Ltd, Air Products Italia S.r.l, Basi Schoberl GmbH & Co. KG, Riessner-Gase GmbH, RealGas LLC, Cylinders Holding A.S, Cryoin Engineering Ltd, Galo Gas, Elme Messer K, Matheson Tri-Gas Inc, ExxonMobil, Chevron, ConocoPhillips, EOG Resources, Phillips 66, Valero Energy, Halliburton, Kohler Co, Yanmar Co, Cummins Inc, Caterpillar Inc, General Electric Company, National Iranian Oil Company, Mentfield (1983) Ltd, Mayan For Gas Technologies, Gas Technologies O.B. Ltd, Sigmai Trade & Logistic Ltd, Bristol Specialty Gases, Middle East Gases, Abu Dubai National Oil Company, Petrofac International Sharafco Group Companies, Ghazanfer Group, Al Mansoori Abu Dubai, Emirates Lube Oil Company, Lootah BC Gas, Renergen (RLT), My Gas (Pty) Ltd, Air Products South AfricaRecent Industry Developments
- August, 2025: New Era Helium rebranded as New Era Energy & Digital, Inc. and began trading under the ticker NUAI, reflecting its transition into a vertically integrated energy and AI infrastructure provider.
- July 2025: New Era’s joint venture Texas Critical Data Centers closed on a 235-acre site in Ector County for a 250 MW net-zero AI/high-performance computing facility and signed an LOI with a global AI cloud services provider.
- June 2025: Helium One Global secured a 480 km² mining license in Tanzania’s southern Rukwa region and completed drilling campaigns in both Tanzania (5.5% helium flow) and Colorado (up to 3.3% concentrations), with production expected in Q4 2025.
- June 2025: Helium One received a Competent Person’s Report confirming substantial 2C/3C helium resources at its Rukwa project and announced an upcoming phased development plan.
- April 29, 2025: New Era advanced its helium and energy infrastructure by securing 120 miles of right-of-way for upgrading aging midstream infrastructure in the Permian Basin, aiming to reduce methane loss and begin helium sales by late Q4 2025.
- March 15, 2025: New Era and Sharon AI announced plans to build a 250 MW net-zero AI/HPC data center campus in Ector County under their TCDC joint venture, targeting late 2026 for phase one completion.
- January 2025: New Era Helium began trading on Nasdaq following its merger via SPAC, marking its debut as a helium-focused public company.
Who can benefit from this research
The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways1. The report provides 2024 Helium market sales data at the global, regional, and key country levels with a detailed outlook to 2034, allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.
2. The research includes the Helium market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
3. The Helium market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
5. The study assists investors in analyzing Helium business prospects by region, key countries, and top companies' information to channel their investments.
1.1 List of Tables
1.2 List of Figures
2. Helium Market Latest Trends, Drivers and Challenges, 2024 - 2034
2.1 Helium Market Overview
2.2 Market Strategies of Leading Helium Companies
2.3 Helium Market Insights, 2024 - 2034
2.3.1 Leading Helium Types, 2024 - 2034
2.3.2 Leading Helium End-User industries, 2024 - 2034
2.3.3 Fast-Growing countries for Helium sales, 2024 - 2034
2.4 Helium Market Drivers and Restraints
2.4.1 Helium Demand Drivers to 2034
2.4.2 Helium Challenges to 2034
2.5 Helium Market- Five Forces Analysis
2.5.1 Helium Industry Attractiveness Index, 2024
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Helium Market Value, Market Share, and Forecast to 2034
3.1 Global Helium Market Overview, 2024
3.2 Global Helium Market Revenue and Forecast, 2024 - 2034 (US$ billion)
3.3 Global Helium Market Size and Share Outlook By Type, 2024 - 2034
3.4 Global Helium Market Size and Share Outlook By Application, 2024 - 2034
3.5 Global Helium Market Size and Share Outlook By End User, 2024 – 2034
3.6 Global Helium Market Size and Share Outlook By Segment4, 2024 - 2034
3.7 Global Helium Market Size and Share Outlook by Region, 2024 - 2034
4. Asia Pacific Helium Market Value, Market Share and Forecast to 2034
4.1 Asia Pacific Helium Market Overview, 2024
4.2 Asia Pacific Helium Market Revenue and Forecast, 2024 - 2034 (US$ billion)
4.3 Asia Pacific Helium Market Size and Share Outlook By Type, 2024 - 2034
4.4 Asia Pacific Helium Market Size and Share Outlook By Application, 2024 - 2034
4.5 Asia Pacific Helium Market Size and Share Outlook By End User, 2024 – 2034
4.6 Asia Pacific Helium Market Size and Share Outlook By Segment4, 2024 - 2034
4.7 Asia Pacific Helium Market Size and Share Outlook by Country, 2024 - 2034
5. Europe Helium Market Value, Market Share, and Forecast to 2034
5.1 Europe Helium Market Overview, 2024
5.2 Europe Helium Market Revenue and Forecast, 2024 - 2034 (US$ billion)
5.3 Europe Helium Market Size and Share Outlook By Type, 2024 - 2034
5.4 Europe Helium Market Size and Share Outlook By Application, 2024 - 2034
5.5 Europe Helium Market Size and Share Outlook By End User, 2024 – 2034
5.6 Europe Helium Market Size and Share Outlook By Segment4, 2024 - 2034
5.7 Europe Helium Market Size and Share Outlook by Country, 2024 - 2034
6. North America Helium Market Value, Market Share and Forecast to 2034
6.1 North America Helium Market Overview, 2024
6.2 North America Helium Market Revenue and Forecast, 2024 - 2034 (US$ billion)
6.3 North America Helium Market Size and Share Outlook By Type, 2024 - 2034
6.4 North America Helium Market Size and Share Outlook By Application, 2024 - 2034
6.5 North America Helium Market Size and Share Outlook By End User, 2024 – 2034
6.6 North America Helium Market Size and Share Outlook By Segment4, 2024 - 2034
6.7 North America Helium Market Size and Share Outlook by Country, 2024 - 2034
7. South and Central America Helium Market Value, Market Share and Forecast to 2034
7.1 South and Central America Helium Market Overview, 2024
7.2 South and Central America Helium Market Revenue and Forecast, 2024 - 2034 (US$ billion)
7.3 South and Central America Helium Market Size and Share Outlook By Type, 2024 - 2034
7.4 South and Central America Helium Market Size and Share Outlook By Application, 2024 - 2034
7.5 South and Central America Helium Market Size and Share Outlook By End User, 2024 – 2034
7.6 South and Central America Helium Market Size and Share Outlook By Segment4, 2024 - 2034
7.7 South and Central America Helium Market Size and Share Outlook by Country, 2024 - 2034
8. Middle East Africa Helium Market Value, Market Share and Forecast to 2034
8.1 Middle East Africa Helium Market Overview, 2024
8.2 Middle East and Africa Helium Market Revenue and Forecast, 2024 - 2034 (US$ billion)
8.3 Middle East Africa Helium Market Size and Share Outlook By Type, 2024 - 2034
8.4 Middle East Africa Helium Market Size and Share Outlook By Application, 2024 - 2034
8.5 Middle East Africa Helium Market Size and Share Outlook By End User, 2024 – 2034
8.6 Middle East Africa Helium Market Size and Share Outlook By Segment4, 2024 - 2034
8.7 Middle East Africa Helium Market Size and Share Outlook by Country, 2024 - 2034
9. Helium Market Structure
9.1 Key Players
9.2 Helium Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis
10. Helium Industry Recent Developments
11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
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FAQ's
The Global Helium Market is estimated to generate USD 6.98 billion in revenue in 2025.
The Global Helium Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.34% during the forecast period from 2025 to 2034.
The Helium Market is estimated to reach USD 14.35 billion by 2034.
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