"Actionable Insights to Fuel Your Growth"

Helium Market Size, Share & Industry Analysis, By Type (Gas, Liquid), By Application (Cryogenics, Semiconductor & Fibre Optics, Leak Detection, Welding, Others)Others and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102398 | Status : Ongoing



Helium is a non-toxic, tasteless, colorless, inert, monoatomic, and the first noble gas in the periodic table. Having atomic number 2, it is obtained after its separation from natural gas. This process is carried out using a cryogenic piping system, in which the natural gas is pressurized and passed through a sieve. During this, the natural gas is separated from helium and only the crude helium remains. Helium is majorly used in electronics in semiconductor devices. In the healthcare systems, it is utilized for treating emphysema, asthma and other conditions. It also finds applications in MRI and NMR technology process as a coolant. Helium also finds applications in the aerospace and defense sectors. This growing adoption of helium will certainly boost the market growth during the forecast period. 

Based on its types, the global helium market can be segmented into liquids and gas. The utilization of gas helium in recent years has been on the rise with increasing adoption in various end-use segments. Based on its application, the global helium market can be segmented into cryogenics, semiconductors and fibers, leak detection, welding and others. The growing application of helium in pressurized services and electronics will fuel the sieve of cryogenics and semiconductors during the forecast period.

Key Market Driver -

Growing demand from semiconductor and electronics industry

Key Market Restraint -

Stringent government regulations and high cost of extraction

Advancements brought in the electronic industry like the led screen displays are fuelling the demand for helium. Also, the growing healthcare industry has boosted the helium demand in various regions. These factors together will drive the growth of the helium market during the given forecast period. 

Key market restraint for the global helium market is the high cost of extraction involved for helium. The other costs of transportation and regulations regarding the storage of helium can hinder the market growth.

Key Players Covered:

Key players operating in the global helium market are Air Liquide, Linde, Taiyo Nippon Sanso, Air Products, Praxair, Inc, Axcel Gases, Messer Group, US Gas, nexAir, LLC, Qatargas, The Southern Gas Limited and Weil Group.

Regional Analysis:

To gain extensive insights into the market, Request for Customization

The global helium market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Electronics and semiconductor market in the Asia Pacific has grown immensely owing to the growth in population and increased income that has resulted in sales of electronics to rise at an exponential rate. Therefore, Asia Pacific holds the maximum opportunities for helium market growth. Following the Asia Pacific, Europe and North America are the other major markets for helium. The major application of helium in these regions is the cryogenics and the healthcare industry. The healthcare industry in recent years has been one of the prolific users of helium for varied new technologies. The market for helium occupies a small share in other regions that include Latin America and Middle East & Africa but during the given forecast period, it is anticipated to be more dominant. 




By Type

  • Gas

  • Liquid

By Application

  • Cryogenics

  • Semiconductor & Fibre Optics

  • Leak Detection

  • Welding

  • Others

By Geography

  • North America (The USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Key Industry Developments

  • In January 2020, Tumbleweed Midstream announced the acquisition of the Ladder Creek helium plant and gathering system from DCP Midstream. The plant is located west of Cheyenne Wells, Colorado. The helium produced in this region has high helium content with an average concentration of about 3 percent. 

  • In October 2019, NASA awarded a contract to Air Products for the supply of helium for its space projects.  As said by NASA the contract with Air Products began Oct. 1 and runs two years, followed by three one-year options that would extend the deal to Sept. 30, 2024. The value of the contract stands at USD 168 million. 

Helium Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2021
  • 2018-2020


  • $4850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

The Japan Research

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.