APAC Helium Market Overview
The APAC Helium Market Size was estimated at 9.16 (USD Billion) in 2023. The APAC Helium Market is expected to grow from 9.56 (USD Billion) in 2024 to 15.2 (USD Billion) by 2035. The APAC Helium Market CAGR (growth rate) is expected to be around 4.306% during the forecast period (2025 - 2035).
Key APAC Helium Market Trends Highlighted
Numerous important aspects are influencing the noteworthy industry trends in the APAC helium market. The growing need for helium in a variety of applications, particularly in research, electronics, and healthcare, is one of the main factors propelling the market. There is a steady need because of the region's increased use of MRI equipment in healthcare, which depends on helium for cooling.
Furthermore, the need for helium in manufacturing processes is being driven by the expansion of the semiconductor sector in APAC, especially in nations like China, South Korea, and Taiwan. Increased international cooperation and technological improvements can be used to investigate opportunities in the APAC helium market.
For example, efforts to develop helium resources by governments in nations like Australia and Japan show a shift in the direction of ensuring a steady supply. Technologies for helium recovery and recycling present a solution to overcome supply chain limitations while putting an emphasis on sustainability.
Furthermore, there are many chances for both newcomers and established firms to innovate because of the increased awareness of the advantages of helium in a variety of areas. In the helium supply chain, recent trends have also indicated a greater emphasis on sustainable methods.
As nations in the area pledged to use greener energy, initiatives are underway to reduce the environmental effects of helium distribution and mining. Furthermore, the APAC area is increasingly seeing the development of local production facilities and key reserves.
These patterns show how the helium market is becoming more robust and sustainable, underscoring the industry's dynamic character in Asia and its capacity to adjust to meet present and future demands.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
APAC Helium Market Drivers
Growing Demand for Semiconductor Manufacturing
The increasing reliance on advanced microelectronics is significantly boosting the APAC Helium Market. In recent years, the semiconductor manufacturing industry has seen remarkable growth, with the China Semiconductor Industry Association reporting an average annual growth rate of over 20%.
This surge in demand for semiconductors is attributable to the exponential rise in technologies such as 5G, the Internet of Things (IoT), and artificial intelligence.
Major semiconductor manufacturers such as Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung have made substantial investments in expanding their production capabilities in the region, further driving the need for helium as a critical component for cooling systems in these high-tech facilities.
The persistent growth in semiconductor fabrication plants in APAC will continue to propel the helium market forward, highlighting its valuable position in supporting technological advancements.
Increasing Usage in Medical Applications
The rising incidence of respiratory and other medical conditions requiring specialized imaging techniques is propelling the APAC Helium Market forward. Helium is essential for Magnetic Resonance Imaging (MRI) systems, which have become increasingly important in healthcare diagnostics.
According to a report by the World Health Organization, there has been a 20% increase in the number of MRI machines installed in hospitals across the APAC region over the past five years. This trend is particularly noticeable in countries like India and China, where healthcare infrastructure is rapidly expanding.
The involvement of established medical technology companies like Siemens Healthineers and GE Healthcare in developing and deploying MRI systems indicates a robust market for helium in the medical sector, ensuring continued demand in the future.
Rising Investments in Research and Development
The APAC Helium Market is also experiencing growth as governments and private entities increase their investments in Research and Development activities. Countries such as Japan and South Korea are leading the way with significant funding in areas including advanced materials and aerospace technologies that utilize helium for various applications.
The Japanese government, through initiatives like the 'New Energy and Industrial Technology Development Organization,' has allocated billions of dollars annually towards innovative projects that incorporate helium. This commitment to R&D drives the demand for helium in experimental and developmental processes, ensuring a sustainable market trajectory in the coming years.
APAC Helium Market Segment Insights
Helium Market Form Insights
The APAC Helium Market is an evolving segment characterized by the Form, primarily driven by its applications in various industries including healthcare, electronics, and manufacturing. The Form segmentation includes Liquid and Gas states of helium, which serve distinct applications and play significant roles in the market.
The Liquid form is extensively utilized in applications such as cryogenics and various scientific research areas, underpinning its importance in sectors that rely on low-temperature environments. On the other hand, the Gas state of helium is indispensable in the inflatable sector, which includes balloons and airships, besides its prominent use in analytics and leak detection.
As a critical component in MRI machines and other medical devices, liquid helium is pivotal in the healthcare industry, thus underscoring its substantial contribution to the overall APAC Helium Market revenue. The demand for gas helium is bolstered by the booming electronics industry, where it is used for purging and cooling processes.
Recent trends indicate a growing preference for helium over other gases owing to its inert properties, enhancing its demand in applications that require a non-reactive atmosphere.
Moreover, the market for helium is experiencing a significant shift due to the increasing focus on renewable energy and sustainable solutions, which drives additional investment towards helium exploration and production.
This aspect presents considerable opportunities for industry players in the APAC region as they explore new extraction methods and refine their supply chains. However, challenges such as supply shortages and fluctuating prices persist, demanding innovative strategies for market stakeholders.
The governance of helium resources is also becoming a topic of discussion among policymakers in APAC as countries recognize the economic potential and strategic importance of helium. Various initiatives are being formulated to enhance helium extraction strategies and sustain supply to meet the rising demands driven by technological advancements.
Overall, the APAC Helium Market segmentation by Form reflects a dynamic landscape poised for growth, supported by technological evolution, diverse applications, and a strengthening focus on sustainability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Helium Market Application Insights
The Application segment of the APAC Helium Market plays a crucial role in the overall growth and utilization of helium across various industries. This segment includes diverse applications such as cryogenics, pressurizing and purging, welding, leak detection, breathing mixtures, controlled atmosphere, and others.
Cryogenics remains a major driving force due to its reliance on helium for cooling superconducting materials in research and medical technologies. Welding applications also hold significant importance, where helium serves as a shielding gas to enhance the quality of welds.
Furthermore, Leak Detection is critical in various sectors, including aerospace and manufacturing, due to helium's unique properties. The use of Breathing Mixtures is essential for deep-sea divers and in medical therapies, highlighting the safety and efficiency that helium provides in these niche fields.
Controlled Atmosphere techniques leverage helium for optimal storage conditions in the food and electronics industries, ensuring product longevity and quality.
The APAC region, with its rapid industrial growth and significant investment in research and development, showcases increasing demand within these applications, helping to bolster the overall APAC Helium Market statistics and further segmentation insights.
Helium Market End-Use Industry Insights
The End-Use Industry of the APAC Helium Market serves as a pivotal area driving demand across various sectors, underpinning the region's economic growth. Within this landscape, the Aerospace and Defense sector is particularly significant due to its reliance on helium for cooling and pressurizing systems, enhancing performance and safety.
The Electrical and Electronics segment also plays a crucial role as helium is essential for manufacturing semiconductors and fiber optics, both key components in advanced technologies. In the Medical field, helium's use in MRI machines highlights its importance for non-invasive diagnostic procedures, contributing to healthcare advancements.
Additionally, the Automotive industry utilizes helium for leak detection systems, ensuring vehicle safety and quality. The Energy sector benefits from helium in gas collection systems and cryogenics, which is crucial for alternative energy technologies. Leisure and Recreational activities, including party balloons and airships, further enhance the helium market's appeal.
Moreover, the Welding and Metal Fabrication segment employs helium for its inert properties, making it ideal for high-quality welding processes. Overall, the APAC Helium Market segmentation showcases diverse applications that highlight the gas's essential role across multiple industries, reflecting trends of technological innovation and increased industrial output in the region.
Helium Market Regional Insights
The Regional segment of the APAC Helium Market is characterized by significant growth potential across various countries. China is a dominant player, showcasing a robust demand driven by its expanding industries, including healthcare and electronics, where helium is essential for cooling and manufacturing.
India is rapidly increasing its helium consumption as it enhances its capabilities in sectors like Research and Development and space exploration. Japan also plays a key role, with its advanced technology requirements fueling the need for helium in many applications. South Korea’s emphasis on innovation and productivity in sectors such as semiconductors further underlines its importance in this market.
Malaysia and Thailand benefit from their strategic location and developing industrial bases, contributing to the regional dynamics of helium consumption. Meanwhile, Indonesia and the Rest of APAC represent emerging markets with growing demand for helium, fueled by expanding industrial activities and scientific research.
Overall, the regional segmentation highlights a diverse landscape where each country contributes uniquely to the APAC Helium Market dynamics, driving growth and opportunities across various applications in this vital industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
APAC Helium Market Key Players and Competitive Insights
The APAC Helium Market has seen significant growth and complexity, driven by an increasing demand for helium across various sectors including electronics, healthcare, aerospace, and entertainment. The market landscape is characterized by a mix of established players and emerging competitors, each vying for market share amidst a backdrop of fluctuating helium supply and pricing.
Competitive insights into this market reveal a dynamic environment where companies are not only refining their operational efficiencies but also focusing on innovative applications and exploring strategic partnerships or acquisitions.
The increasing emphasis on sustainability and responsible sourcing is reshaping competitive strategies as players seek to enhance their market positioning in response to regulatory pressures and consumer preferences.
Air Products and Chemicals has established a robust presence in the APAC Helium Market, leveraging its extensive experience and technological expertise in the gas industry. The company's strengths lie in its ability to efficiently supply high-purity helium, which is crucial for various applications in the semiconductor and healthcare sectors.
Air Products and Chemicals benefits from a well-established infrastructure and logistics network that enables timely delivery and superior customer service. Furthermore, the firm has emphasized collaboration with local businesses and research institutions to enhance its innovation capabilities, ensuring a competitive edge in an ever-evolving market landscape.
The company's commitment to sustainability and reduction of carbon footprint has also enhanced its reputation, making it a preferred choice among environmentally conscious consumers and businesses in the region.
Cartagena has carved out a niche in the APAC Helium Market through a strategic focus on high-growth sectors and product diversification. Known for its innovative helium extraction and supply chain solutions, Cartagena emphasizes quality and reliability in its offerings, making it a key player in this competitive arena.
The company has actively engaged in mergers and acquisitions, aiming to expand its operational capabilities and market reach within the region. Cartagena's portfolio includes specialized helium applications for various industries, showcasing its adaptability to ever-changing market demands.
The company maintains significant market presence by building long-term relationships with clients, facilitated through customer-centric services and support, thereby solidifying its position as a competitive force in the APAC Helium Market.
Key Companies in the APAC Helium Market Include
- Air Products and Chemicals
APAC Helium Market Developments
The APAC Helium Market has seen several notable developments recently. In September 2023, Air Products and Chemicals announced expansion initiatives in Australia, focusing on increasing production capacities to meet growing regional demands driven by the electronics and healthcare sectors.
Linde and Taiyo Nippon Sanso have intensified investments in Japan to boost domestic helium supply, responding to the rising consumption from technological advancements and industrial applications. Additionally, the acquisition of a significant helium production facility in Qatar by Gulf Cryo in July 2023 is expected to enhance their operational reach within APAC markets.
Over the past two years, companies like Messer Group and Infinite Energy have reported marked growth in market valuation due to the accelerating demand for helium in various sectors, including energy transition technologies.
Furthermore, Helium One Global has been actively exploring new reserves in Tanzania, which could significantly affect the supply chain within the APAC region. The overall market dynamics are heavily influenced by these company initiatives, reflecting a robust investment trend and strategic partnerships geared towards ensuring a sustainable helium supply in the region.
Helium Market Segmentation Insights
Helium Market Form Outlook
Helium Market Application Outlook
Helium Market End-Use Industry Outlook
- Welding & Metal Fabrication
Helium Market Regional Outlook
| Report Attribute/Metric |
Details |
| Market Size 2023 |
9.16(USD Billion) |
| Market Size 2024 |
9.56(USD Billion) |
| Market Size 2035 |
15.2(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.306% (2025 - 2035) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2024 |
| Market Forecast Period |
2025 - 2035 |
| Historical Data |
2019 - 2024 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Air Products and Chemicals, Cartagena, Gaseous Hydrogen, Infinite Energy, Praxair, Messer Group, Helium One Global, Noble Energy, BASF, Gulf Cryo, Tears for Fears, Linde, Taiyo Nippon Sanso, Air Liquide |
| Segments Covered |
Form, Application, End-Use Industry, Regional |
| Key Market Opportunities |
Rising demand in electronics manufacturing, Expansion of healthcare applications, Growth in space exploration initiatives, Increased usage in scientific research, Emerging markets driving consumption |
| Key Market Dynamics |
Supply constraints, Rising demand from healthcare, Technological advancements, Regulatory influences, Competitive pricing pressure |
| Countries Covered |
China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC |
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Frequently Asked Questions (FAQ) :
The APAC Helium Market was valued at 9.56 USD Billion in 2024.
By 2035, the APAC Helium Market is projected to reach a value of 15.2 USD Billion.
The expected CAGR for the APAC Helium Market from 2025 to 2035 is 4.306%.
In 2024, China held the largest market share in the APAC Helium Market, valued at 3.8 USD Billion.
The market size of the APAC Helium Market in India was valued at 2.1 USD Billion in 2024.
Significant players in the APAC Helium Market include Air Products and Chemicals, Praxair, Linde, and Air Liquide.
The helium gas segment is expected to grow from a valuation of 5.31 USD Billion in 2024 to 8.32 USD Billion by 2035.
Rising demand for helium in various industries, such as electronics and healthcare, is driving growth in the APAC Helium Market.
The anticipated market size for liquid helium in 2035 is 6.88 USD Billion.
India is expected to demonstrate notable growth in the APAC Helium Market, projected to reach 3.4 USD Billion by 2035.
