Helium Market Outlook
Helium Market Size is forecast to reach $5.4 Billion in 2032 from $4 Billion in 2025, at an optimistic growth rate of 4.6% from 2025 to 2032. The robust Helium Market growth presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Helium Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Phase (Gas, Liquid), By Application (Breathing Mixes, Cryogenics, Leak Detection, Pressurizing & Puring, Welding, Controlled Atmosphere, Others), By End-User (Aerospace & Defense, Medical & Healthcare, Electronics & Electrical, Nuclear Power, Metal Fabrication, Other ). Over 70 tables and charts showcase findings from our latest survey report on Helium Markets.
Helium Market Insights, 2025: Helium – Key Drivers and Opportunities
Helium is a rare, non-renewable gas with a wide range of applications, including in cryogenics, medical imaging, aerospace, and electronics. The demand for helium is driven by its essential role in MRI machines, superconducting magnets, and other high-tech applications where its properties, such as low boiling point and inertness, make it irreplaceable.
The medical sector is one of the largest consumers of helium, with MRI systems relying on it for their cooling functions. The growing adoption of MRI technology, driven by an aging population and increased healthcare demand, is a major driver for helium consumption.
Aerospace and defense also play a significant role in the helium market, particularly for applications like rocket propulsion systems and pressurization systems in spacecraft. The increasing number of space missions and technological advancements in satellite technology are contributing to the growth in helium demand within this sector.
However, the helium market faces challenges such as supply shortages and rising prices due to the limited availability of helium reserves. As a result, there are emerging opportunities in helium recovery technologies and alternative cooling solutions to mitigate the impact of supply constraints. Companies are exploring recycling and recovery technologies to ensure a more sustainable supply of helium, particularly in regions where its demand continues to rise.
Five Trends that will define global Helium Market in 2025 and Beyond
A closer look at the multi-million global market for Helium Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Helium Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the Helium Industry?
The Helium Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Helium Market Segment Insights
The Helium Industry presents strong offers across categories. The analytical report offers forecasts of Helium Industry performance across segments and countries. Key segments in the industry include- By Phase (Gas, Liquid), By Application (Breathing Mixes, Cryogenics, Leak Detection, Pressurizing & Puring, Welding, Controlled Atmosphere, Others), By End-User (Aerospace & Defense, Medical & Healthcare, Electronics & Electrical, Nuclear Power, Metal Fabrication, Other ). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Helium Market size outlook is provided for 22 countries across these regions.
Helium Industry Value Chain
The chapter identifies potential companies and their operations across the global Helium Industry ecosystem. It assists decision-makers in evaluating global Helium Market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Helium Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Helium Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Helium Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Helium Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Helium Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Helium Market Insights- Executives are most excited about opportunities for the US Helium Industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Helium Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Helium Market.
Latin American Helium Market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Helium Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Helium Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Helium Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Helium Companies outcompete in 2025 and Beyond?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Air Products and Chemicals, Inc., Linde Plc, Air Liquide, Messer Group, Taiyo Nippon Sanso India, MESA Specialty Gases & Equipment, Matheson Tri-Gas Inc., Iwatani Corporation, Gazprom PJSC, Gulf Cryo S.A.L., IACX Energy.
Helium Market Scope and Segmentation
By Phase
Gas
Liquid
By Application
Breathing Mixes
Cryogenics
Leak Detection
Pressurizing & Puring
Welding
Controlled Atmosphere
Others
By End-User
Aerospace & Defense
Medical & Healthcare
Electronics & Electrical
Nuclear Power
Metal Fabrication
Other
Countries Included-
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe
Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC
South and Central America- Brazil, Argentina, Chile, Rest of SCA
Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa
Companies Included in the Helium Market Research-
Air Products and Chemicals, Inc.
Linde Plc
Air Liquide
Messer Group
Taiyo Nippon Sanso India
MESA Specialty Gases & Equipment
Matheson Tri-Gas Inc.
Iwatani Corporation
Gazprom PJSC
Gulf Cryo S.A.L.
IACX Energy
Reasons to Buy the report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook