The UK Helium Market Size was estimated at 687.3 (USD Million) in 2023. The UK Helium Market is expected to grow from 717 (USD Million) in 2024 to 1,133 (USD Million) by 2035. The UK Helium Market CAGR (growth rate) is expected to be around 4.247% during the forecast period (2025 - 2035).
Due to a mix of rising demand from a variety of industries and suppliers' continuous supply issues, the UK helium market is seeing notable trends. The growing use of helium in medical applications, especially in MRI equipment, is a major market driver that has increased demand in the healthcare industry.
The demand for helium is also being driven by developments in scientific research, namely in the areas of cryogenics and semiconductor production. As businesses look for helium to employ in creating cutting-edge technologies, the UK's emphasis on environmental practices and renewable energy is also having an impact on the market.
Given the continued emphasis on innovation and technical improvements, the UK helium market is experiencing an expansion in opportunities. Local producers and new market entrants may be able to share in the expanding demand as the industry uses helium more and more for a variety of purposes.
Businesses are encouraged to investigate these opportunities because the UK government has expressed interest in assisting sectors that concentrate on helium recovery and recycling technologies. Diversifying helium sources and reducing reliance on conventional providers are priorities of recent developments.
Initiatives for domestic production and investments in helium extraction infrastructure are becoming more popular as strategies to reduce supply threats.
Explorations for helium in the UK are becoming increasingly prominent as the nation works toward energy independence, in line with national objectives that support sustainability and resource use. Due to these trends, the helium market in the UK is poised for expansion, propelled by both current demand and strategic growth prospects.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The rise in demand for medical applications of helium in the UK Helium Market is driven by its use in cryogenics, particularly in magnetic resonance imaging (MRI) machines. With over 5 million MRI scans performed annually in the UK, as reported by the National Health Service (NHS), the demand for helium in cooling MRI machines highlights its critical role in healthcare.
The Royal College of Radiologists emphasizes the importance of MRI technology in diagnosing conditions, which reinforces the growth potential of the helium market. Additionally, investments in Research and Development in medical technologies are expected to boost helium consumption, making its supply management increasingly crucial.
Technological advancements in manufacturing processes within the UK Helium Market have led to enhanced efficiency and reduced costs. Industries reliant on complex manufacturing techniques, such as electronics and aerospace, have experienced a surge in demand for helium due to its unique properties.
The UK government’s push for manufacturing innovation, as highlighted in the UK Manufacturing Strategy, has resulted in a 12% increase in manufacturing productivity over the past five years, thereby increasing the requirement for high-purity helium in various industrial applications. Major players in this sector are expanding their capability to utilize helium, setting the stage for further market growth.
The growing interest in space exploration is significantly impacting the UK Helium Market. As the UK aims to establish itself as a significant player in the space sector, which contributed approximately 16 billion to the UK economy last year, helium is essential for rocket propulsion systems due to its non-flammable nature and low boiling point.
The UK Space Agency's initiatives to support commercial spaceflight have led to increased investments in satellite technology that often require helium for testing under simulated atmospheric conditions. This trend presents an opportunity for market expansion as more investments flow into space technology development.
The UK Helium Market is evolving, driven by diverse applications and increasing demand across various industries. The Form segment of this market, primarily comprising Liquid and Gas forms of helium, plays a vital role in its overall dynamics.
As the demand for helium rises, the Liquid form is particularly significant due to its applications in cryogenics, semiconductor manufacturing, and MRI technology, where its superior cooling capabilities are crucial.
The ability to store helium in a liquid state allows for efficient transportation and usage, contributing to market growth and responding effectively to the increasing needs of healthcare and electronics sectors in the UK.
In contrast, the Gas form of helium serves essential functions in diverse applications such as inflating balloons, providing buoyancy for airships, and being a key component in laser technology. Its versatility and accessibility make it a popular choice among various industries, from entertainment to technology.
The market is witnessing a shift towards more sustainable practices and innovations, creating opportunities for growth. Maintaining an adequate supply is critical as helium is a non-renewable resource, and the global landscape is affected by geopolitical changes and environmental considerations.
The segmentation of the UK Helium Market into Liquid and Gas forms underscores the importance of understanding consumer demands and resource management in driving the market forward.
As industries continue to expand their reliance on helium, strategic developments in both forms are expected to bolster the UK's position in the global helium landscape, reflecting remarkable UK Helium Market revenue potential and robust market growth.
With such dynamics at play, the UK Helium Market segmentation provides essential insights into current trends, indicating a prosperous future aligned with innovation and sustainability efforts in the industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Application segment of the UK Helium Market showcases a diverse range of usages that are critical for various industries. Within this segment, Cryogenics plays a key role in cooling superconductors and MRI machines, making it vital for healthcare and technology sectors.
Pressurizing and Purging applications are essential in ensuring safety and efficiency in industrial processes, while Welding has gained prominence, particularly in industries requiring precision and high-quality finishes. Leak Detection is another significant application, leveraging helium's unique properties to identify leaks in sensitive systems.
Additionally, Breathing Mixtures find importance in medical scenarios, especially in underwater and high-altitude environments. Controlled Atmosphere applications contribute to preserving food and materials by enhancing preservation methods.
Each of these applications represents a significant aspect of the UK Helium Market, highlighting the market's versatility and importance across various sectors, thereby driving its growth. As industry demands evolve, these applications stand as a testament to the critical role of helium in innovation and functional performance across diverse fields.
The UK Helium Market within the End-Use Industry demonstrates a diverse range of applications that highlight its significance across various sectors. The aerospace and defense sector remains a key contributor, utilizing helium for its unique cooling properties in cryogenic applications and ensuring the reliability of critical systems.
In the electrical and electronics field, helium is essential for manufacturing semiconductors, owing to its inert qualities, thus sustaining its demand. The medical industry leverages helium in magnetic resonance imaging (MRI) equipment, which enhances diagnostic capabilities.
The automotive sector employs helium in advanced welding techniques that improve overall structural integrity and production efficiency. Moreover, energy production utilizes helium in gas turbines and leak detection systems, reinforcing operational safety and performance.
The leisure and recreational segment finds uses for helium in balloons and gas-filled entertainment products, further driving market engagement. Finally, the welding and metal fabrication sector employs helium in processes that enable a cleaner and more efficient weld, supporting ambitious manufacturing standards.
Overall, each sector contributes significantly to the UK Helium Market, demonstrating its integral role in advancing technology and industry.
The competitive insights of the UK Helium Market reveal a dynamic landscape characterized by a mix of established players and emerging companies striving for market share.
The market's competitive nature is influenced by factors such as supply chain stability, innovation in extraction technologies, and the growing demand for helium in various applications, including healthcare, electronics, and scientific research.
Companies in this sector are actively focusing on efficiency and sustainability as they navigate regulatory frameworks and geopolitical considerations affecting helium sourcing. An understanding of market positioning, pricing strategies, and customer engagement is critical for firms aiming to thrive in this competitive environment.
Boreal Helium has carved a notable presence within the UK Helium Market, leveraging its strong expertise and innovative approach towards helium exploration and production. Their strategic focus on harnessing and delivering high-purity helium has enabled them to establish reliable supply channels and cater to diverse market segments.
With a commitment to sustainable resource management and environmentally friendly extraction methods, Boreal Helium highlights its strength in aligning operations with modern regulatory demands. This commitment not only enhances their reputation but also positions them as a preferable choice for consumers seeking responsible suppliers of helium.
Their ability to adapt to market changes and invest in research and development of efficient extraction techniques further solidifies their competitive advantage.
Cryoshelter operates prominently within the UK Helium Market, specializing in the storage and distribution of helium products alongside a suite of integrated services aimed at various industries. Their key offerings include helium supply for medical applications, laboratory usage, and industrial processes that utilize gas in manufacturing and research.
Cryoshelter's extensive logistics network and robust customer service create a seamless supply experience, making it a trusted partner for clients across the UK. The company is also known for its strategic expansions and partnerships within the market, which have reinforced its position and enabled it to diversify its product portfolio.
With a focus on innovation and infrastructure, Cryoshelter continually seeks out opportunities for growth through mergers and collaborations that align with their mission of delivering high-quality helium solutions tailored to the needs of the UK market.
The UK Helium Market has witnessed significant developments recently, driven by advancements in extraction technology and growing demand across various industries. Companies like Boreal Helium and Helium One Global have been actively involved in exploring new helium reserves, while IGas Energy and Proton Metals have increased their focus on helium extraction as a byproduct of their natural gas operations.
Notably, in July 2023, Global Helium announced a strategic partnership with Air Products to enhance helium supply chains in the UK. The market has seen a valuation surge, particularly post-pandemic, as businesses pivot towards high-tech applications requiring helium, reflecting a robust industrial growth trajectory.
Additionally, in FY 2022, Cryoshelter and Messer Group expanded their market presence significantly in the UK with new investments in helium processing facilities, underlining the competitive landscape. Despite fluctuations in global helium prices, the UK market displays resilience and adaptability, with regulatory frameworks easing to promote more investments.
In the last two years, there has been a push for sustainability in helium sourcing, with companies prioritizing eco-friendly extraction methods, thus aligning with the UK's broader environmental goals.
| Report Attribute/Metric | Details |
| Market Size 2023 | 687.3(USD Million) |
| Market Size 2024 | 717.0(USD Million) |
| Market Size 2035 | 1133.0(USD Million) |
| Compound Annual Growth Rate (CAGR) | 4.247% (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 Million |
| Key Companies Profiled | Boreal Helium, Cryoshelter, Noble Helium, IGas Energy, Proton Metals, Praxair, Messer Group, Helium One Global, Talon Metals, Air Products, Global Helium, Linde, Dominion Energy, Hexagon Composites |
| Segments Covered | Form, Application, End-Use Industry |
| Key Market Opportunities | Increasing demand in medical applications, Growth in aerospace technology, Expanding electronics sector usage, Renewable energy storage solutions, Enhanced research and development initiatives. |
| Key Market Dynamics | Supply constraints, Rising industrial demand, Applications in healthcare, Environmental regulations, Price volatility |
| Countries Covered | UK |
Frequently Asked Questions (FAQ) :
The UK Helium Market was valued at 717.0 million USD in 2024.
By 2035, the UK Helium Market is projected to be valued at 1133.0 million USD.
The UK Helium Market is expected to grow at a CAGR of 4.247% from 2025 to 2035.
The UK Helium Market is divided into two main segments: Liquid and Gas.
The market value for Liquid Helium in 2035 is estimated to reach 400.0 million USD.
The market size for Gas Helium in 2024 was 467.0 million USD.
Major players in the UK Helium Market include Boreal Helium, Cryoshelter, Noble Helium, and Praxair.
Key applications include medical imaging, aerospace, and party balloons which are driving market growth.
Current global conflicts may affect supply chains, thereby influencing the availability and pricing of helium.
Emerging opportunities include advancements in extraction technologies and increasing demand in various industries.
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Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
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