Gaseous Helium Market Size, Share, Growth, and Industry Growth by Type (Grade A and Industrial-Grade Helium) By Application (Welding, Leak Detection, Pressurizing and Purging, Aerostatics, Cryogenics, and Others) Regional Forecast To 2034

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GASEOUS HELIUM MARKET OVERVIEW

The global Gaseous Helium Market size stood at USD 1.12 billion in 2025, growing further to USD 1.5 billion by 2034 at an estimated CAGR of 3.29% from 2025 to 2034.

The United States Gaseous Helium Market size is projected at USD 0.34924 billion in 2025, the Europe Gaseous Helium Market size is projected at USD 0.30187 billion in 2025, and the China Gaseous Helium Market size is projected at USD 0.31287 billion in 2025.

The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Helium is a chemical element. The symbol of the chemical element is (He), and the atomic number is 2. It is an odorless, colorless, non-toxic, tasteless, inert, and monatomic gas. It is the first in the noble gas group in the periodic table.

Increasing demand for helium in semiconductor and electronics sector is expected to fuel market growth. The chemical is extensively used in the healthcare sector for treating asthma, emphysema, and other conditions. Further, it is used in the defense and aerospace sector. It is also used in NMR and MRI technology as a coolant. Increased use of the product in welding and leak detection applications is anticipated to fuel market growth. Rapid urbanization and industrialization are estimated to fuel market progress in the forthcoming years. On the contrary, the high cost of extraction and stringent government regulations is predicted to hamper market growth in the forthcoming years.

KEY FINDINGS

COVID-19 IMPACT

Lower Demand for Extraction Activities to Hamper Market Growth 

The outbreak of Coronavirus hampered extraction activities. Lower demand for the product and closure of manufacturing units hinder market progress. Also, the shutdown of production activities and disruption in supply and chain minimize market growth. However, increased demand for healthcare sector and usage use of the product in healthcare equipment’s to recover market growth.

LATEST TRENDS

Rise in Demand for Helium in Semiconductors and Electronics Sectors to Fuel Market Growth

Rising need for the product in the semiconductor and electronic sectors for its non-reacting properties. The product is ideal for the semiconductor manufacturing process due to its chemical reaction. The product has high thermal conductivity coupled with controlling the temperature of the silicon. These features of the product are anticipated to fuel market growth in the upcoming years. It is used in the electronic sector for its cooling properties. In addition, the product is used in certain semiconductor equipment such as MRI (Magnetic Resonance Imaging). These factors are projected to drive market growth in the forthcoming years. A rise in sales of electronic products and growing need for electronic devices such as smartphones, laptops, PC, and tablets are expected to fuel gaseous helium market growth in the forthcoming years.

• U.S. Geologic Survey reported that in 2024, domestic consumption of Grade‑A and gaseous helium totaled 56 million cubic meters, highlighting sustained demand in healthcare and semiconductor sectors.

• Asia‑Pacific region captured 40% market share in 2025 and remains the fastest‑growing area due to electronics, semiconductors, and medical infrastructure expansion.

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GASEOUS HELIUM MARKET SEGMENTATION

By Type

Based on type, the market is divided into Grade A, Industrial-Grade Helium.

By Application

Based on the application, the market is divided into Welding, Leak Detection, Pressurizing and Purging, Aerostatics, Cryogenics, Others

DRIVING FACTORS

Increased Adoption of the Product in Healthcare Sector to Surge Market Growth

An increased adoption of gaseous helium in the healthcare sector is predicted to fuel market growth. The product is used in the healthcare sector for treating asthma, emphysema, and other conditions. Rapid development in the healthcare sector coupled with the growing healthcare sector is predicted to boost the market growth. The product can be shaped freely, and it has more efficient than a single crystal. The product is extremely durable and has excellent optical transparency in ultraviolet. It is glassy and crystal-like. These features of the product are anticipated to surge market growth in the forthcoming years. The product is used in essential diagnostic equipment such as MRI’s. In addition, it us used in eye surgery which is projected to fuel market growth.

Several Usage of the Product and Growing Awareness about the Product to Accelerate Market Progress

The product is used to detect gas leaks and it is used to cool thermography. It is used to detect and monitor physiological processes by medical personnel. The product is a safe tracer because it is an inert gas. Further, it is used in national defense applications such as testing scientific balloons, rocket engine testing, air-to-air missile guidance system, and surveillance craft. These broad usages of the product are anticipated to fuel market growth. The product is used in Arc welding to create an inert gas shield, and it is used for a safe artificial breathing atmosphere by mixing oxygen and helium. The product is used for growing germanium crystals and silicon as it is a protective gas. Such broad usage of the product is predicted to accelerate market growth in the upcoming years.

• U.S. Geological Survey data shows 81 million cubic meters of gaseous and Grade‑A helium sold in 2024, underpinning strong demand across MRI, vacuum, and industrial uses.

• A forecast cited in Reuters states global helium demand could reach 322 million cubic meters by 2035, driven primarily by semiconductor sector needs.

RESTRAINING FACTORS

High Cost of Extraction and Stringent Government Regulations to Limit Market Growth

The high cost of extraction and stringent government regulations is predicted to hamper market growth in the forthcoming years.

• The U.S. sold off its entire Federal Helium Reserve by early 2024, eliminating a key public supply buffer.

• Over 75% of helium reserves are located in the U.S., making the market vulnerable to regional supply disruptions

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GASEOUS HELIUM MARKET REGIONAL INSIGHTS

Increased Spending Capacity and Rise in Disposable Income to Drive Market Share

Asia Pacific is anticipated to hold the maximum gaseous helium market share due to the population's increased income and high spending capacity. Growing sales of electronic products in the region and high adoption of the product in the healthcare sector. Increasing demand for helium in the semiconductor and electronics sector is expected to fuel market growth. The chemical is extensively used in the healthcare sector for treating asthma, emphysema, and other conditions. Further, it is used in the defense and aerospace sector. It is also used in NMR and MRI technology as a coolant. Increased use of the product in welding and leak detection applications is anticipated to fuel market growth.

KEY INDUSTRY PLAYERS

Leading Players Adopt New Strategies to Stay Competitive

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

• Air Products & Chemicals, Inc.: Is identified among the global giants dominating helium supply, cited in multiple key market reports.

• Linde : AG is noted as a major industrial gas conglomerate with significant helium extraction and distribution presence

List of Top Gaseous Helium Companies

• Air Products & Chemicals, Inc.
• Buzwair
• Praxair Inc.
• Weil Group Resources, LLC
• Airgas
• Gazprom
• Air Liquide SA
• Gulf Cryo
• Iwatani Corporation
• Somatrach
• Messer Group GmbH
• Linde AG
• Exxon Mobil Corporation
• PGNiG (PL)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.