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Helium Market Size to Surpass USD 8.59 Billion by 2035 as MRI and Semiconductor Demand Accelerates | SNS Insider

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Helium Market Size to Surpass USD 8.59 Billion by 2035 as MRI and Semiconductor Demand Accelerates | SNS Insider Austin, June 20, 2026 (GLOBE NEWSWIRE) -- According to SNS Insider, The Helium Market was valued at USD 5.03 Billion in 2025 and is expected to reach USD 8.59 Billion by 2035, growing at a CAGR of 5.47% from 2026–2035.

The Helium Market functions based on the characteristics of the gas, such as extremely low boiling point, chemical inertness, high heat conductivity, and low density. These attributes make helium an essential gas for multiple industries, such as medicine, science, and aerospace engineering. The gas is extensively used in MRIs, semiconductor fabrication, fiber optic manufacturing, leak testing, welding, and space missions, where there is no other available substitute. Although helium is the second most plentiful gas in the universe, it is considered to be a scarce substance on Earth and produced at just a few plants around the globe.

Market Size and Forecast

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Segmentation Analysis:

By Phase, Gaseous Helium Dominated the Market; Liquid Helium Segment to Grow with the Fastest CAGR Globally

The gaseous helium category was the leading category in the helium market during 2025, accounting for about 72% of the market share, owing to its wide range of applications in various industries such as industrial, aerospace, electronics, and manufacturing. Liquid helium is the fastest-growing phase, driven by cryogenic applications requiring helium at temperatures below 4.2 Kelvin — primarily superconducting magnet cooling in MRI scanners, NMR spectroscopy systems, particle physics accelerators, and the emerging quantum computing infrastructure — whose liquid phase delivery requirements create a premium market segment growing with the expanding installed base of superconducting magnet systems globally.

By Application, Cryogenics Dominated the Market; Controlled Atmospheres Segment to Grow with the Fastest CAGR Globally

Cryogenics retained the dominant application position with the largest share of the helium market in 2025, driven by the non-substitutable role of liquid helium in superconducting magnet cooling across MRI healthcare systems, NMR analytical instruments, and particle physics research infrastructure whose combined global installed base creates the largest single application demand pool for liquid helium. The controlled atmospheres segment for semiconductor and optical fibre manufacturing is the fastest growing application, driven by rapid expansion of global semiconductor manufacturing capacity where helium's inert atmosphere properties, thermal conductivity in wafer processing, and equipment cleaning applications create structured above-market demand growth with each new fabrication facility commissioned.

By End User, Healthcare & Medical Dominated the Market; Electronics & Semiconductors Segment to Witness Fastest CAGR Growth Globally

Helium Market by Application, 2025 The Healthcare & Medical segment held the largest share of the helium market in 2025. The role of helium in cooling superconducting magnets of MRI systems is crucial, leading to a stable and recurring demand base from hospitals, diagnostic centres, and healthcare facilities across the world. Their continuous expansion (especially in emerging economies) reinforces the leading position of this segment. Electronics & Semiconductors is the fastest growing end-user segment. It is driven by the rapid expansion of global semiconductor manufacturing capacity where helium is extensively used in wafer fabrication, controlled atmosphere processing, cooling applications, equipment cleaning and advanced chip production processes, which together drive structured above-market procurement growth with the commissioning of every new fabrication facility worldwide.

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Regional Insights:

North America dominated the global helium market, accounting for the largest regional revenue share through its combination of significant domestic helium production infrastructure, the world's most extensive MRI installed base, and the concentration of aerospace, semiconductor, and research laboratory helium consumers. The United States accounts for approximately 82.5% of North American revenues through its dual role as both producer and the world's largest consumer of helium. Canada is growing as a helium supply contributor as Saskatchewan's helium-bearing geological formations are developed by companies including North American Helium, Royal Helium, and Helium Evolution.

Europe Helium Market held a major share of the global Helium Market in 2025, with Germany, France, the United Kingdom, the Netherlands, and Switzerland as the leading national markets whose pharmaceutical and medical device manufacturing, semiconductor and electronics production, research institution, and aerospace and defence industries generate diverse and consistent helium demand.

Asia Pacific is the fastest-growing regional helium market, driven by the extraordinary pace of semiconductor capacity expansion across Taiwan, South Korea, Japan, and China, the rapid growth of the MRI installed base as healthcare infrastructure investment extends advanced medical imaging across the region's population, and the development of quantum computing research programmes at national laboratory and commercial technology company facilities. China accounts for approximately 38.5% of Asia Pacific revenues. Japan, South Korea, and Taiwan contribute premium regional demand through their world-leading semiconductor and electronics industries.

MRI Healthcare Infrastructure Expansion and Semiconductor Capacity Proliferation to Augment Market Expansion Globally

The growth in the global helium market is attributed to the increase in consumption by the healthcare industry owing to the need for liquid helium for the effective functioning of MRI systems, with more healthcare establishments being set up and an increase in accessibility of high-quality diagnostic technology in emerging countries across Asia-Pacific, Latin America, and the Middle East creating new opportunities for helium demand growth. The fast growth of production capacities in the semiconductor industry is a strong additional demand growth factor, where helium is used for cooling, purging, and controlled atmosphere processes across wafer fabrication facilities whose government-supported expansion programmes are creating structural above-trend procurement.

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Major Players Analysis Listed in the Helium Market Report:

Recent Developments:

Exclusive Sections of the Report (The USPs):

Accelerated Helium Market Demand: Find Comprehensive Insights and Trends in Our Full Report @ https://www.snsinsider.com/reports/helium-market-5701

Helium Market Report Scope

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