23 Jul, 2026
According to Straits Research the global helium market size was valued at $4.12 billion in 2025 and is projected to grow from $4.31 billion in 2026 to $6.10 billion by 2034, registering a CAGR of 4.5% during the forecast period (2026–2034).
The growth of the helium market is fuelled by rising demand as an analytical aid in laboratory practices. It is widely applicable as a carrier gas in gas chromatography and gas chromatography-mass spectrometry. In addition to this, it is also utilized as a coolant in nuclear magnetic resonance (NMR). Chromatography, GC-MS, and NMR have wide applications in the pharmaceutical industry for analytical purposes. A strongly growing pharmaceutical industry with constant research and development potentiates the demand for analytical aid, further propelling the demand for helium as a carrier gas and coolant in these systems.
In addition to this, helium is proactively utilized for welding purposes as a shielding gas to increase arc heat and improve penetration, thereby accelerating the welding speed. Welding is predominantly utilized in metal casting. The metallurgy industry is experiencing robust growth with demand for metal-based products. Being a crucial part of metal casting, the demand for welding surges and accordingly propels the demand for helium as a shielding aid.
North America currently leads the global Helium Market due to its advanced healthcare, aerospace, and research infrastructure. Asia-Pacific is expected to witness the fastest growth during the forecast period, supported by rapid industrialization, increasing investments in electronics manufacturing, and expanding demand for industrial gases. Continuous investments in production capacity, technology, and supply chain expansion are expected to strengthen market growth across regions.
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