North America Helium Market Size, Share & Trends Analysis Report By Phase, By End-use, By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Helium Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 44,435.2 tonnes, showcasing a growth of 2.9% (2019-2022).

Liquid helium, a crucial coolant in superconducting applications, research laboratories, and medical devices like MRI machines, is witnessing a phase marked by both challenges and opportunities. One significant aspect shaping the liquid market is the increasing demand from diverse sectors. Thus, the US market would utilize 18,454.0 tonnes of Liquid helium by 2030.

The US market dominated the North America Helium Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,383.6 million by 2030. The Canada market is exhibiting a CAGR of 6.2% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.9% during (2023 - 2030).

The use of helium in cryogenics is a major driver of the market. It's unique properties, including its extremely low boiling point of -268.9°C (-452°F) at atmospheric pressure, make it an ideal coolant for superconducting magnets. For operational purposes, including particle accelerators and magnetic resonance imaging (MRI) machines, these superconducting magnets necessitate temperatures in proximity to absolute zero in order to retain their superconducting state characterized by zero electrical resistance.

MRI machines, in particular, rely heavily on liquid helium to cool the superconducting magnets. These magnets are used to produce a strong and stable magnetic field, which is essential for the imaging process in MRI scans. As helium is an indispensable component in MRI machines, which guarantees the precision and dependability of medical diagnostics, the healthcare industry is a significant consumer of helium.

Similarly, according to estimates by the Mexican Aerospace Industry Federation (FEMIA), by mid-2022, the number of aerospace manufacturing firms and organizations in Mexico will have increased from 100 in 2004 to 368. Presently, manufacturers, maintenance-repair-overhaul facilities (MROs), technical schools, research centers, universities, and providers of related services comprise the majority of these organizations. Overall, 79% of all businesses are engaged in manufacturing, 11% are devoted to design and engineering, and 10% provide MRO services. Foreign direct investment (FDI) by country of origin was estimated by FEMIA to have been 48% from the United States and 36% from Canada in 2019.

Based on Phase, the market is segmented into Gas and Liquid. Based on End-use, the market is segmented into Medical & Healthcare, Aerospace & Defense, Electronics & Electrical, Nuclear Power, Metal Fabrication and Others. Based on Application, the market is segmented into Cryogenics, Breathing Mixes, Leak Detection, Welding, Pressurizing & Puring, Controlled Atmosphere and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Air Products and Chemicals, Inc.
Linde plc
Air Liquide S.A.
Messer SE & Co. KGaA (Messer Industrie GmbH)
Gulf Cryo
Axcel Gases
Iwatani Corporation
MESA International Technologies, Inc.
Matheson Tri-Gas, Inc. (The Nippon Sanso Holdings Group)
IACX Energy LLC (Alder Midstream, LLC)

North America Helium Market Report Segmentation

By Phase (Volume, Tonnes, USD Billion, 2019-2030)

Gas
Liquid

By End-use (Volume, Tonnes, USD Billion, 2019-2030)

Medical & Healthcare
Aerospace & Defense
Electronics & Electrical
Nuclear Power
Metal Fabrication
Others

By Application (Volume, Tonnes, USD Billion, 2019-2030)

Cryogenics
Breathing Mixes
Leak Detection
Welding
Pressurizing & Puring
Controlled Atmosphere
Others

By Country (Volume, Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Helium Market, by Phase
- 1.4.2North America Helium Market, by End-use
- 1.4.3North America Helium Market, by Application
- 1.4.4North America Helium Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.North America Helium Market by Phase

4.1North America Gas Market by Country
4.2North America Liquid Market by Country

Chapter 5.North America Helium Market by End-use

5.1North America Medical & Healthcare Market by Country
5.2North America Aerospace & Defense Market by Country
5.3North America Electronics & Electrical Market by Country
5.4North America Nuclear Power Market by Country
5.5North America Metal Fabrication Market by Country
5.6North America Others Market by Country

Chapter 6.North America Helium Market by Application

6.1North America Cryogenics Market by Country
6.2North America Breathing Mixes Market by Country
6.3North America Leak Detection Market by Country
6.4North America Welding Market by Country
6.5North America Pressurizing & Puring Market by Country
6.6North America Controlled Atmosphere Market by Country
6.7North America Others Market by Country

Chapter 7.North America Helium Market by Country

7.1US Helium Market
- 7.1.1US Helium Market by Phase
- 7.1.2US Helium Market by End-use
- 7.1.3US Helium Market by Application
7.2Canada Helium Market
- 7.2.1Canada Helium Market by Phase
- 7.2.2Canada Helium Market by End-use
- 7.2.3Canada Helium Market by Application
7.3Mexico Helium Market
- 7.3.1Mexico Helium Market by Phase
- 7.3.2Mexico Helium Market by End-use
- 7.3.3Mexico Helium Market by Application
7.4Rest of North America Helium Market
- 7.4.1Rest of North America Helium Market by Phase
- 7.4.2Rest of North America Helium Market by End-use
- 7.4.3Rest of North America Helium Market by Application

Chapter 8.Company Profiles

8.1Air Products and Chemicals, Inc.
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Regional Analysis
- 8.1.4Research & Development Expenses
- 8.1.5Recent strategies and developments:
  - 8.1.5.1Partnerships, Collaborations, and Agreements:
  - 8.1.5.2Acquisition and Mergers:
- 8.1.6SWOT Analysis
8.2Linde PLC
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental Analysis
- 8.2.4Research & Development Expenses
- 8.2.5Recent strategies and developments:
  - 8.2.5.1Geographical Expansions:
- 8.2.6SWOT Analysis
8.3Air Liquide S.A.
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4SWOT Analysis
8.4Messer SE & Co. KGaA (Messer Industrie GmbH)
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Regional Analysis
- 8.4.4SWOT Analysis
8.5Gulf Cryo
- 8.5.1Company Overview
- 8.5.2SWOT Analysis
8.6Axcel Gases
- 8.6.1Company Overview
8.7Iwatani Corporation
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expenses
8.8MESA International Technologies, Inc.
- 8.8.1Company Overview
8.9Matheson Tri-Gas, Inc. (The Nippon Sanso Holdings Group)
- 8.9.1Company Overview
8.10.IACX Energy LLC (Alder Midstream, LLC)
- 8.10.1Company Overview
- 8.10.2Recent strategies and developments:
  - 8.10.2.1Partnerships, Collaborations, and Agreements:

LIST OF TABLES

TABLE 1North America Helium Market, 2019 - 2022, USD Million
TABLE 2North America Heliums Market, 2023 - 2030, USD Million
TABLE 3North America Helium Market, 2019 - 2022, Tonnes
TABLE 4North America Helium Market, 2023 - 2030, Tonnes
TABLE 5North America Helium Market by Phase, 2019 - 2022, USD Million
TABLE 6North America Helium Market by Phase, 2023 - 2030, USD Million
TABLE 7North America Helium Market by Phase, 2019 - 2022, Tonnes
TABLE 8North America Helium Market by Phase, 2023 - 2030, Tonnes
TABLE 9North America Gas Market by Country, 2019 - 2022, USD Million
TABLE 10North America Gas Market by Country, 2023 - 2030, USD Million
TABLE 11North America Gas Market by Country, 2019 - 2022, Tonnes
TABLE 12North America Gas Market by Country, 2023 - 2030, Tonnes
TABLE 13North America Liquid Market by Country, 2019 - 2022, USD Million
TABLE 14North America Liquid Market by Country, 2023 - 2030, USD Million
TABLE 15North America Liquid Market by Country, 2019 - 2022, Tonnes
TABLE 16North America Liquid Market by Country, 2023 - 2030, Tonnes
TABLE 17North America Helium Market by End-use, 2019 - 2022, USD Million
TABLE 18North America Helium Market by End-use, 2023 - 2030, USD Million
TABLE 19North America Helium Market by End-use, 2019 - 2022, Tonnes
TABLE 20North America Helium Market by End-use, 2023 - 2030, Tonnes
TABLE 21North America Medical & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 22North America Medical & Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 23North America Medical & Healthcare Market by Country, 2019 - 2022, Tonnes
TABLE 24North America Medical & Healthcare Market by Country, 2023 - 2030, Tonnes
TABLE 25North America Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 26North America Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 27North America Aerospace & Defense Market by Country, 2019 - 2022, Tonnes
TABLE 28North America Aerospace & Defense Market by Country, 2023 - 2030, Tonnes
TABLE 29North America Electronics & Electrical Market by Country, 2019 - 2022, USD Million
TABLE 30North America Electronics & Electrical Market by Country, 2023 - 2030, USD Million
TABLE 31North America Electronics & Electrical Market by Country, 2019 - 2022, Tonnes
TABLE 32North America Electronics & Electrical Market by Country, 2023 - 2030, Tonnes
TABLE 33North America Nuclear Power Market by Country, 2019 - 2022, USD Million
TABLE 34North America Nuclear Power Market by Country, 2023 - 2030, USD Million
TABLE 35North America Nuclear Power Market by Country, 2019 - 2022, Tonnes
TABLE 36North America Nuclear Power Market by Country, 2023 - 2030, Tonnes
TABLE 37North America Metal Fabrication Market by Country, 2019 - 2022, USD Million
TABLE 38North America Metal Fabrication Market by Country, 2023 - 2030, USD Million
TABLE 39North America Metal Fabrication Market by Country, 2019 - 2022, Tonnes
TABLE 40North America Metal Fabrication Market by Country, 2023 - 2030, Tonnes
TABLE 41North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43North America Others Market by Country, 2019 - 2022, Tonnes
TABLE 44North America Others Market by Country, 2023 - 2030, Tonnes
TABLE 45North America Helium Market by Application, 2019 - 2022, USD Million
TABLE 46North America Helium Market by Application, 2023 - 2030, USD Million
TABLE 47North America Helium Market by Application, 2019 - 2022, Tonnes
TABLE 48North America Helium Market by Application, 2023 - 2030, Tonnes
TABLE 49North America Cryogenics Market by Country, 2019 - 2022, USD Million
TABLE 50North America Cryogenics Market by Country, 2023 - 2030, USD Million
TABLE 51North America Cryogenics Market by Country, 2019 - 2022, Tonnes
TABLE 52North America Cryogenics Market by Country, 2023 - 2030, Tonnes
TABLE 53North America Breathing Mixes Market by Country, 2019 - 2022, USD Million
TABLE 54North America Breathing Mixes Market by Country, 2023 - 2030, USD Million
TABLE 55North America Breathing Mixes Market by Country, 2019 - 2022, Tonnes
TABLE 56North America Breathing Mixes Market by Country, 2023 - 2030, Tonnes
TABLE 57North America Leak Detection Market by Country, 2019 - 2022, USD Million
TABLE 58North America Leak Detection Market by Country, 2023 - 2030, USD Million
TABLE 59North America Leak Detection Market by Country, 2019 - 2022, Tonnes
TABLE 60North America Leak Detection Market by Country, 2023 - 2030, Tonnes
TABLE 61North America Welding Market by Country, 2019 - 2022, USD Million
TABLE 62North America Welding Market by Country, 2023 - 2030, USD Million
TABLE 63North America Welding Market by Country, 2019 - 2022, Tonnes
TABLE 64North America Welding Market by Country, 2023 - 2030, Tonnes
TABLE 65North America Pressurizing & Puring Market by Country, 2019 - 2022, USD Million
TABLE 66North America Pressurizing & Puring Market by Country, 2023 - 2030, USD Million
TABLE 67North America Pressurizing & Puring Market by Country, 2019 - 2022, Tonnes
TABLE 68North America Pressurizing & Puring Market by Country, 2023 - 2030, Tonnes
TABLE 69North America Controlled Atmosphere Market by Country, 2019 - 2022, USD Million
TABLE 70North America Controlled Atmosphere Market by Country, 2023 - 2030, USD Million
TABLE 71North America Controlled Atmosphere Market by Country, 2019 - 2022, Tonnes
TABLE 72North America Controlled Atmosphere Market by Country, 2023 - 2030, Tonnes
TABLE 73North America Others Market by Country, 2019 - 2022, USD Million
TABLE 74North America Others Market by Country, 2023 - 2030, USD Million
TABLE 75North America Others Market by Country, 2019 - 2022, Tonnes
TABLE 76North America Others Market by Country, 2023 - 2030, Tonnes
TABLE 77North America Helium Market by Country, 2019 - 2022, USD Million
TABLE 78North America Helium Market by Country, 2023 - 2030, USD Million
TABLE 79North America Helium Market by Country, 2019 - 2022, Tonnes
TABLE 80North America Helium Market by Country, 2023 - 2030, Tonnes
TABLE 81US Helium Market, 2019 - 2022, USD Million
TABLE 82US Helium Market, 2023 - 2030, USD Million
TABLE 83US Helium Market, 2019 - 2022, Tonnes
TABLE 84US Helium Market, 2023 - 2030, Tonnes
TABLE 85US Helium Market by Phase, 2019 - 2022, USD Million
TABLE 86US Helium Market by Phase, 2023 - 2030, USD Million
TABLE 87US Helium Market by Phase, 2019 - 2022, Tonnes
TABLE 88US Helium Market by Phase, 2023 - 2030, Tonnes
TABLE 89US Helium Market by End-use, 2019 - 2022, USD Million
TABLE 90US Helium Market by End-use, 2023 - 2030, USD Million
TABLE 91US Helium Market by End-use, 2019 - 2022, Tonnes
TABLE 92US Helium Market by End-use, 2023 - 2030, Tonnes
TABLE 93US Helium Market by Application, 2019 - 2022, USD Million
TABLE 94US Helium Market by Application, 2023 - 2030, USD Million
TABLE 95US Helium Market by Application, 2019 - 2022, Tonnes
TABLE 96US Helium Market by Application, 2023 - 2030, Tonnes
TABLE 97Canada Helium Market, 2019 - 2022, USD Million
TABLE 98Canada Helium Market, 2023 - 2030, USD Million
TABLE 99Canada Helium Market, 2019 - 2022, Tonnes
TABLE 100Canada Helium Market, 2023 - 2030, Tonnes
TABLE 101Canada Helium Market by Phase, 2019 - 2022, USD Million
TABLE 102Canada Helium Market by Phase, 2023 - 2030, USD Million
TABLE 103Canada Helium Market by Phase, 2019 - 2022, Tonnes
TABLE 104Canada Helium Market by Phase, 2023 - 2030, Tonnes
TABLE 105Canada Helium Market by End-use, 2019 - 2022, USD Million
TABLE 106Canada Helium Market by End-use, 2023 - 2030, USD Million
TABLE 107Canada Helium Market by End-use, 2019 - 2022, Tonnes
TABLE 108Canada Helium Market by End-use, 2023 - 2030, Tonnes
TABLE 109Canada Helium Market by Application, 2019 - 2022, USD Million
TABLE 110Canada Helium Market by Application, 2023 - 2030, USD Million
TABLE 111Canada Helium Market by Application, 2019 - 2022, Tonnes
TABLE 112Canada Helium Market by Application, 2023 - 2030, Tonnes
TABLE 113Mexico Helium Market, 2019 - 2022, USD Million
TABLE 114Mexico Helium Market, 2023 - 2030, USD Million
TABLE 115Mexico Helium Market, 2019 - 2022, Tonnes
TABLE 116Mexico Helium Market, 2023 - 2030, Tonnes
TABLE 117Mexico Helium Market by Phase, 2019 - 2022, USD Million
TABLE 118Mexico Helium Market by Phase, 2023 - 2030, USD Million
TABLE 119Mexico Helium Market by Phase, 2019 - 2022, Tonnes
TABLE 120Mexico Helium Market by Phase, 2023 - 2030, Tonnes
TABLE 121Mexico Helium Market by End-use, 2019 - 2022, USD Million
TABLE 122Mexico Helium Market by End-use, 2023 - 2030, USD Million
TABLE 123Mexico Helium Market by End-use, 2019 - 2022, Tonnes
TABLE 124Mexico Helium Market by End-use, 2023 - 2030, Tonnes
TABLE 125Mexico Helium Market by Application, 2019 - 2022, USD Million
TABLE 126Mexico Helium Market by Application, 2023 - 2030, USD Million
TABLE 127Mexico Helium Market by Application, 2019 - 2022, Tonnes
TABLE 128Mexico Helium Market by Application, 2023 - 2030, Tonnes
TABLE 129Rest of North America Helium Market, 2019 - 2022, USD Million
TABLE 130Rest of North America Helium Market, 2023 - 2030, USD Million
TABLE 131Rest of North America Helium Market, 2019 - 2022, Tonnes
TABLE 132Rest of North America Helium Market, 2023 - 2030, Tonnes
TABLE 133Rest of North America Helium Market by Phase, 2019 - 2022, USD Million
TABLE 134Rest of North America Helium Market by Phase, 2023 - 2030, USD Million
TABLE 135Rest of North America Helium Market by Phase, 2019 - 2022, Tonnes
TABLE 136Rest of North America Helium Market by Phase, 2023 - 2030, Tonnes
TABLE 137Rest of North America Helium Market by End-use, 2019 - 2022, USD Million
TABLE 138Rest of North America Helium Market by End-use, 2023 - 2030, USD Million
TABLE 139Rest of North America Helium Market by End-use, 2019 - 2022, Tonnes
TABLE 140Rest of North America Helium Market by End-use, 2023 - 2030, Tonnes
TABLE 141Rest of North America Helium Market by Application, 2019 - 2022, USD Million
TABLE 142Rest of North America Helium Market by Application, 2023 - 2030, USD Million
TABLE 143Rest of North America Helium Market by Application, 2019 - 2022, Tonnes
TABLE 144Rest of North America Helium Market by Application, 2023 - 2030, Tonnes
TABLE 145Key Information - Air Products and Chemicals, Inc.
TABLE 146Key Information - Linde PLC
TABLE 147Key information - Air Liquide S.A.
TABLE 148Key Information - Messer SE & Co. KGaA
TABLE 149Key Information - Gulf Cryo
TABLE 150Key Information - Axcel Gases
TABLE 151Key Information - Iwatani Corporation
TABLE 152Key Information - MESA International Technologies, Inc.
TABLE 153Key Information - Matheson Tri-Gas, Inc.
TABLE 154Key Information - IACX Energy LLC

North America Helium Market Size, Share & Trends Analysis Report By Phase, By End-use, By Application, By Country and Growth Forecast, 2023 - 2030