The Helium Market size is estimated at 184.59 Million cubic meters in 2024, and is expected to reach 214.21 Million cubic meters by 2029, growing at a CAGR of 3.02% during the forecast period (2024-2029).
Due to COVID-19, the aerospace industry was severely affected, resulting in the contraction of the aerospace industry in recent times, negatively affecting the growth prospects of helium in aerospace applications. However, it recovered significantly in 2021, owing to rising consumption from various end-use applications, including healthcare.
The helium market is highly consolidated in nature. The major players in the market include (not in any particular order) Air Liquide, Linde PLC, Matheson Tri-Gas Inc., Iwatani Corporation, and Messer Group.
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