The global helium market is expected Growth owing to Rising Demand from Various End Use Industries
Gaseous and Liquid Helium Market Helium finds wide applications in cryogenics, leak detection, welding, pressurizing, and lifting among other industrial processes. Its properties such as inert chemical nature and low boiling point enable it to perform critical functions across various end use verticals. Growing MRI scanning procedures and rising semiconductor manufacturing activities have significantly boosted the demand for helium over the years. The global helium market is estimated to be valued at US$ 8.13 Mn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the gaseous and liquid helium market are ThermoFisher Scientific Inc., OSI Systems Inc., Chemring Group PLC, Bruker Corporation, Viken Detection, FLIR Systems Inc., Astrophysics Inc., Aventura Technologies Inc., Teknicom Solutions Ltd., L3 Security and Detection Systems Inc., Nuctech Company Limited, and Smiths Detection Inc. These playe