United Kingdom Helium Market Size, Share, and COVID-19 Impact Analysis, By Phase (Liquid, Gas), By Application (Breathing Mixes, Cryogenics, Leak Detection, Pressurizing & Puring, Welding, Controlled Atmosphere, and Other Applications), and United Kingdom Helium Market Insights, Industry Trend, Forecasts to 2035
Industry: Specialty & Fine ChemicalsUnited Kingdom Helium Market Insights Forecasts to 2035
- The United Kingdom Helium Market Size was Estimated at USD 86.83 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 8.10% from 2025 to 2035
- The United Kingdom Helium Market Size is Expected to Reach USD 204.53 Million by 2035
Get more details on this report -
According to a research report published by Spherical Insights and Consulting, The United Kingdom Helium Market Size is anticipated to reach USD 204.53 Million by 2035, Growing at a CAGR of 8.10% from 2025 to 2035. This is because several end-use industries, including the aerospace, defense, medical, electronics and electrical, and energy sectors, are using more products.
Market Overview
The first noble gas in the periodic table, helium, is non-toxic, colorless, tasteless, inert, and monoatomic. It is obtained after being separated from natural gas and has an atomic number of 2. The technique involves pressurizing natural gas and passing it through a sieve utilizing a cryogenic pipe system. This process separates the helium from the natural gas, leaving only the crude helium. The main application for helium is in semiconductor devices in electronics. It is used in medical systems to treat a variety of ailments, including asthma and emphysema. Additionally, it is used as a coolant in MRI and NMR technological processes. Its low boiling point, excellent thermal conductivity, and inert qualities make helium essential to the production of semiconductors. It is employed as a carrier gas during deposition procedures, cooling, and plasma etching, among other phases of chip manufacturing. These technologies drive the growth of semiconductor fabrication facilities globally by requiring sophisticated microchips with increased processing power and efficiency.
Report Coverage
This research report categorizes the market for the United Kingdom helium market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom helium market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom helium market.
United Kingdom Helium Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 86.83 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR Of 8.10% |
2035 Value Projection: | USD 204.53 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 214 |
Tables, Charts & Figures: | 99 |
Segments covered: | By Phase and By Application |
Companies covered:: | Air Products UK, Linde plc, Helium Resources Limited, Hotspur Helium, Helium Products Limited, Helium One (UK) Limited, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The market for United Kingdom helium is propelled by the increased production of electronics and semiconductors. High-performance semiconductor demand has increased dramatically as a result of the quick development of technologies like artificial intelligence (AI), 5G communication, and the Internet of Things (IoT). Helium consumption in the area is largely driven by its sophisticated medical imaging capabilities, particularly in MRI applications. Infrastructure improvements to improve helium capture and extraction techniques are being made by governments and businesses, creating a more robust supply chain. Their an opportunity in the helium market is the rising demand for helium in the aviation sector due to its special qualities and the advancements in aircraft design and manufacturing.
Restraining Factors
However, the market expansion could be slowed down by the rigid regulations following back delay, the high costs of extraction and storage, price volatility, and ongoing supply restrictions have been exacerbated by the high expenses.
Market Segmentation
The United Kingdom helium market share is classified into phase and application.
- The gas segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
The United Kingdom helium market is segmented by phase into liquid and gas. Among these, the gas segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Leak detection, gas chromatography, welding and cutting, cooling and refrigeration, and nuclear power are only a few of the applications where this is ascribed to the growing use of the product. Furthermore, in the fields of physics, chemistry, and materials science, helium gas is essential for scientific investigation and testing.
- The cryogenics segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom helium market is divided by application into breathing mixes, cryogenics, leak detection, pressurizing & puring, welding, controlled atmosphere, and other applications. Among these, the cryogenics segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The ability of helium to reach and sustain extremely low temperatures makes it unique among substances. Additionally, cryogenic technology serves a number of functions in space exploration, such as cooling scientific instruments aboard spacecraft and infrared detectors on telescopes.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom helium market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Air Products UK
- Linde plc
- Helium Resources Limited
- Hotspur Helium
- Helium Products Limited
- Helium One (UK) Limited
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom helium market based on the below-mentioned segments:
United Kingdom Helium Market, By Phase
- Liquid
- Gas
United Kingdom Helium Market, By Application
- Breathing Mixes
- Cryogenics
- Leak Detection
- Pressurizing & Puring
- Welding
- Controlled Atmosphere
- Other Applications
Need help to buy this report?