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HomeBusiness NewsInflating Opportunities: Analyzing Helium Market Share Evolution by 2029

Inflating Opportunities: Analyzing Helium Market Share Evolution by 2029

Helium Market Overview and Insights:

Maximize Market Research has conducted extensive research on the Helium Market, providing comprehensive insights into market trends, value, market share, and other pertinent information. This research aims to support users in Analyzing the Helium Market and making informed decisions. For new market entrants, the report includes historical information and trends. Additionally, it offers recommendations on development strategies that can facilitate the global expansion of the Helium market.

The study provides in-depth competition analysis through a number of analyses, assisting in strategic planning. Furthermore, it encompasses all the plans for expanding the Helium market. Additionally, the investigation has uncovered the major participants in the international market.

By 2029, the Helium Market is expected to reach US $25 billion, thanks to growth in the cryogenics segment. The report analyzes market dynamics by region and end-user industries.

Helium Market

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Helium Market Report Scope and Research Methodology

The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the Helium market. A thorough report includes the drivers, restraints, opportunities, and challenges of the Helium market. To understand Helium market estimations and growth rates, a bottom-up approach was used in the report.

Regional analysis of the Helium market was conducted at a local, regional and global level to understand the Helium market penetration, price and demand analysis and competitive landscape. The report provides fundamental information on the Helium market such as stakeholders, investors and new entrants used to develop marketing plans and investments.

The primary and secondary data methods were used for the data collection for the Helium Market. The primary approach involves surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the secondary data collection method includes press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Helium Market

Helium Market Segmentation

by Phase


The worldwide helium market is divided into two categories based on phase: liquid phase and gas phase.

Due to the COVID-19 outbreak, which raised the number of patients impacted by the pandemic internationally, the liquid phase category dominated the market in 2022 and controlled  the overall revenue market shares. The medical sector, which uses liquid helium to cool the super magnets in MRI scanners, is its main user.

by Application

Breathing Mixes
Leak Detection
Pressurizing and Purging
Controlled Atmospheres

Breathing Mixes, Cryogenics, Lead Detection, Pressurising and Purging, Welding, Controlled Atmosphere, and Others are the application segments of the worldwide helium market.

Because helium is used as a super coolant for cryogenic applications such as magnetic resonance imaging (MRI), nuclear magnetic resonance (NMR) spectroscopy, particle accelerators, large hadron collider, superconducting quantum interference device (SQUID), electron spin resonance spectroscopy (ESR), and superconducting magnetic energy storage (SMEs), the cryogenics segment was dominant and held 28% of the overall market share in terms of revenue in 2022.

by End-user Industry

Aerospace & Aircraft
Electronics & Semiconductors
Nuclear Power
Welding & Metal Fabrication

The global helium market is classified into Aerospace & Aircraft, Electronics & Semiconductors, Nuclear Power, Healthcare, Welding and Metal Fabrication, and Others.

In 2022, the healthcare sector was dominating, accounting for more than 34% of total market value. Helium has numerous medical applications. Because liquid helium can reach temperatures of -269° C, it is an excellent choice for cooling MRI magnets. Helium is also used to monitor respiration. It is an important content in the cure of emphysema, asthma, and other breathing disorders.

Helium Market Regional Insights

The Helium market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Helium market in several countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions.

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Top Companies in the Helium Market

1.Air Products and Chemicals, Inc.
2. Air Liquide
3. Linde AG
4. Praxair, Inc.
5. Taiyo Nippon Sanso Corporation
6. Iwatani Corporation
7. Gulf Cryo
8. Messer Group
9. Qatar Gas Operating Company Limited
10. Global Gases
11. Matheson Tri-Gas Inc
12. ONEOK Inc.
13. Exxon Mobil Corporation
14. Polish Oil and Gas Company
15. Weil Group
16. Others

Key questions answered in the Helium Market are:

  • What are the different segments of the Helium Market?
  • What are the factors restraining the growth of the Helium Market?
  • What is the demand pattern of the Helium Market?
  • What major challenges could the Helium Market face in the future?

Table Of Contents :

1. Preface

1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology

2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research Secondary data Secondary Sources
2.3.2. Primary Research Data from Primary Sources Breakdown of Primary Sources

3. Executive Summary: Global Helium Market Size, by Market Value (US$ Mn) and Market Volume (Units)

4. Market Overview

4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company covering various industries. Their expertise includes medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. They provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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