Helium Gas Market
Helium Gas Market Size, Share &Trends Analysis Report by Supply Mode (Cylinders, Bulk and Micro Tanks, Drum Tank, and On-Site), Application (Healthcare, Manufacturing, Electronics, Leak Detection, Fiber Optics, Lifting Gas, Heat Transfer, Breathing Mixtures, and Other Applications), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Helium gas market size was valued at $2.45 billion in 2022, and is projected to reach $3.42 billion by 2030, registering a CAGR of 4.9% during the forecast period (2023-2030). Helium is presently in high demand, primarily in the medical, technology, and aircraft sectors - for MRI machines, especially in the markets, as well as superconductors and pressure purging (SpaceX and NASA). However, the expensive expense of the extraction process, as well as strict government rules regarding helium use, are likely to stifle market growth. The creation of effective gas storage and transportation techniques, as well as a large natural gas reserve, are expected to provide numerous possibilities during the forecast period.
Segmental Outlook
The global helium gas market is segmented based on the supply mode and application. By supply mode, the market is segmented into cylinders, bulk and micro tanks, drum tank, and on-site. Further, based on application, the market is segmented into healthcare, manufacturing, electronics, leak detection, fiber optics, lifting gas, heat transfer, breathing mixtures, and other applications. Among the application segment, the healthcare sub-segment is expected to cater prominent market share over the forecast period owing to the high demand for helium in the healthcare industry.
The Healthcare Sub-Segment is Anticipated to Hold a Prominent Share in the Global Helium Gas Market
Helium has a wide range of uses in the healthcare industry. Helium is also being used for breathing observation. It is an essential component in treating emphysema, asthma, and other conditions that affect breathing. Oxygen and helium are used together for the treatment of acute and chronic forms of respiratory ailments, as the combination reaches the lungs faster than all the others. Heliox is a mixture of helium and oxygen that has low gas density. The use of heliox has been recommended in many respiratory conditions, including upper airway obstruction, extrinsic upper airway compression, postextubation stridor, croup, laryngotracheomalacia, bronchiolitis, ARDS, and obstructive lung disease. These potential clinical benefits and medical applications for helium will support the growth of the helium gas market during the forecast period.
Regional Outlooks
The global helium gas market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). China, Korea, and Taiwan are the largest consumers of the helium gas market. The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater prominent growth over the forecast period, however, the North American region is projected to experience considerable growth in the helium gas market.
Global Helium Gas Market Growth, by Region 2023-2030
The Asia-Pacific Region Is Expected To Hold Prominent Share in the Global Helium Gas Market
The Asia-Pacific region is expected to register the highest growth of the market in the forecast period. This growth is mainly attributed to increasing technological advancements & modernization, increasing personal disposable income, and growing demand from various end-use industries. The US is the largest contributor to the helium gas market in the region. The helium gas market in the Asia-Pacific is estimated to expand at a rapid pace in the region. The market is expected to expand at a moderate pace in the near future.
Market Players Outlook
The major companies serving the global helium gas market include Air Liquide, Linde Plc, Matheson Tri-Gas Inc., Air Products and Chemicals Inc., Iwatani Corporation, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global helium gas market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Helium Gas Market by Supply Mode
4.1.1. Cylinders
4.1.2. Bulk and Micro Tanks
4.1.3. Drum Tank
4.1.4. On Site
4.2. Global Helium Gas Market by Application
4.2.1. Healthcare
4.2.2. Manufacturing
4.2.3. Electronics
4.2.4. Leak Detection
4.2.5. Fiber Optics
4.2.6. Lifting Gas
4.2.7. Heat Transfer
4.2.8. Breathing Mixtures
4.2.9. Other Applications
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Air Liquide S.A.
6.2. Air Products and Chemicals Inc.
6.3. Exxon Mobil Corp.
6.4. Gazprom
6.5. Gulf Cryo
6.6. Iwatani Corp.
6.7. Linde PLC
6.8. Matheson Tri-Gas Inc.
6.9. Messer Group GmbH
6.10. NexAir LLC
6.11. PGNIG S.A.
6.12. Qatargas Operating Company Ltd.
6.13. Renergen Ltd.
6.14. Weil Group Resources, LLC
1. GLOBAL HELIUM GAS MARKET RESEARCH AND ANALYSIS BY SUPPLY MODE, 2022-2030 ($ MIL-LION)
2. GLOBAL HELIUM GAS CYLINDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL HELIUM GAS BULK AND MICRO TANKS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL HELIUM GAS DRUM TANK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL ON SITE HELIUM GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL HELIUM GAS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MIL-LION)
7. GLOBAL HELIUM GAS FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL HELIUM GAS FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL HELIUM GAS FOR ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL HELIUM GAS FOR LEAK DETECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL HELIUM GAS FOR FIBER OPTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL HELIUM GAS FOR LIFTING GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL HELIUM GAS FOR HEAT TRANSFER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL HELIUM GAS FOR BREATHING MIXTURES MARKET RESEARCH AND ANALYSIS BY RE-GION, 2022-2030 ($ MILLION)
15. GLOBAL HELIUM GAS FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY RE-GION, 2022-2030 ($ MILLION)
16. GLOBAL HELIUM GAS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2022-2030 ($ MIL-LION)
17. NORTH AMERICAN HELIUM GAS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. NORTH AMERICAN HELIUM GAS MARKET RESEARCH AND ANALYSIS BY SUPPLY MODE, 2022-2030 ($ MILLION)
19. NORTH AMERICAN HELIUM GAS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
20. EUROPEAN HELIUM GAS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MIL-LION)
21. EUROPEAN HELIUM GAS MARKET RESEARCH AND ANALYSIS BY SUPPLY MODE, 2022-2030 ($ MILLION)
22. EUROPEAN HELIUM GAS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
23. ASIA-PACIFIC HELIUM GAS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MIL-LION)
24. ASIA-PACIFIC HELIUM GAS MARKET RESEARCH AND ANALYSIS BY SUPPLY MODE, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC HELIUM GAS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
26. REST OF THE WORLD HELIUM GAS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. REST OF THE WORLD HELIUM GAS MARKET RESEARCH AND ANALYSIS BY SUPPLY MODE, 2022-2030 ($ MILLION)
28. REST OF THE WORLD HELIUM GAS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL HELIUM GAS MARKET SHARE BY SUPPLY MODE, 2022 VS 2030 (%)
2. GLOBAL HELIUM GAS CYLINDERS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
3. GLOBAL HELIUM GAS BULK AND MICRO TANKS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
4. GLOBAL HELIUM GAS DRUM TANK MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
5. GLOBAL ON SITE HELIUM GAS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
6. GLOBAL HELIUM GAS MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
7. GLOBAL HELIUM GAS FOR HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
8. GLOBAL HELIUM GAS FOR MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
9. GLOBAL HELIUM GAS FOR ELECTRONICS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
10. GLOBAL HELIUM GAS FOR LEAK DETECTION MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
11. GLOBAL HELIUM GAS FOR FIBER OPTICS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
12. GLOBAL HELIUM GAS FOR LIFTING GAS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
13. GLOBAL HELIUM GAS FOR HEAT TRANSFER MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
14. GLOBAL HELIUM GAS FOR BREATHING MIXTURES MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
15. GLOBAL HELIUM GAS FOR OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
16. GLOBAL HELIUM GAS MARKET SHARE BY GEOGRAPHY, 2022 VS 2030 (%)
17. US HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
18. CANADA HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
19. UK HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
20. FRANCE HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
21. GERMANY HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
22. ITALY HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
23. SPAIN HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF EUROPE HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
25. INDIA HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
26. CHINA HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
27. JAPAN HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
28. SOUTH KOREA HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF ASIA-PACIFIC HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF THE WORLD HELIUM GAS MARKET SIZE, 2022-2030 ($ MILLION)
