Product Code: ETC087080 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
USA Helium market currently, in 2023, has witnessed an HHI of 1935, Which has increased slightly as compared to the HHI of 1766 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United States Helium Market is driven by a diverse range of industries, including healthcare, electronics, and aerospace. The increasing demand for helium in MRI machines, semiconductor manufacturing, and rocket propulsion systems has bolstered market growth. The US is a major producer of helium, with significant reserves in Texas, Wyoming, and Kansas. However, the market faces challenges due to the finite nature of helium reserves and geopolitical tensions impacting the global helium supply chain. The development of new helium extraction technologies and the growing focus on helium recycling are emerging trends in the US market. Overall, the US Helium Market is characterized by a mix of opportunities and challenges, with sustainability and innovation playing key roles in shaping its future trajectory.
The United States Helium Market is experiencing a growing demand due to its diverse applications across industries such as healthcare, electronics, aerospace, and energy. The increasing use of helium in MRI machines, semiconductors, and rocket launches is driving market growth. Additionally, the shortage of helium supply has been a significant factor impacting the market, leading to price fluctuations and supply chain challenges. Technological advancements in helium extraction and production methods are being explored to address this issue and meet the rising demand. Companies are also focusing on sustainability and exploring helium recycling and conservation methods to ensure a stable supply chain. Overall, the US Helium Market is witnessing a trend towards increasing demand, supply chain optimization, and sustainability initiatives to overcome supply challenges.
In the US Helium Market, one of the primary challenges is the limited global supply of helium, as the majority of helium production comes from a few key sources. This can lead to supply chain disruptions and price fluctuations. Additionally, the demand for helium continues to rise across various industries including healthcare, electronics, and aerospace, further exacerbating supply constraints. Conservation and recycling efforts are crucial to ensure a sustainable helium supply for future generations. Another challenge is the geopolitical dynamics surrounding helium production, as some of the major helium reserves are located in politically unstable regions, which can impact supply reliability. Overall, balancing supply and demand while promoting sustainable practices will be key challenges for the US Helium Market in the coming years.
The US Helium Market presents several investment opportunities due to the increasing demand for helium in various industries such as healthcare, electronics, and aerospace. With the closure of the Federal Helium Reserve in 2021, there is a growing need for private helium producers to fill the supply gap. Investing in helium production and exploration companies could be lucrative as they seek to capitalize on the rising demand for helium. Additionally, investing in helium storage and distribution infrastructure could be another avenue for potential returns, considering the importance of maintaining a reliable helium supply chain. Overall, the US Helium Market offers diverse investment prospects for those looking to capitalize on the growing demand for this essential gas.
The US government plays a significant role in the Helium Market through the operation of the Federal Helium Reserve (FHR), which was established in 1925 to ensure a stable supply of helium for various industries. The Helium Privatization Act of 1996 mandated the sell-off of the FHR`s helium reserves to private entities, aiming to move towards a more market-driven approach. In recent years, the Helium Extraction Act of 2018 aimed to further optimize helium production by incentivizing domestic extraction and refining, reducing the country`s reliance on imported helium. These policies reflect the government`s efforts to balance market dynamics and ensure a sustainable supply of helium for critical applications such as healthcare, technology, and aerospace.
The future outlook for the United States Helium Market appears promising due to increasing demand across various industries such as healthcare, electronics, and aerospace. With helium being a critical component in MRI machines, semiconductor manufacturing, and rocket propulsion systems, the market is expected to witness steady growth in the coming years. Additionally, helium`s unique properties and applications in cryogenics and leak detection further contribute to its market expansion. However, challenges such as limited helium reserves and supply chain disruptions may impact market dynamics. To address these issues, companies are investing in helium exploration and production technologies to ensure a stable supply for the growing demand. Overall, the US Helium Market is projected to experience positive growth supported by diverse industry applications and strategic investments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Helium Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Helium Market Revenues & Volume, 2021 & 2027F |
3.3 United States (US) Helium Market - Industry Life Cycle |
3.4 United States (US) Helium Market - Porter's Five Forces |
3.5 United States (US) Helium Market Revenues & Volume Share, By Type, 2021 & 2027F |
3.6 United States (US) Helium Market Revenues & Volume Share, By End-users, 2021 & 2027F |
3.7 United States (US) Helium Market Revenues & Volume Share, By Application, 2021 & 2027F |
4 United States (US) Helium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Helium Market Trends |
6 United States (US) Helium Market, By Types |
6.1 United States (US) Helium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Helium Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 United States (US) Helium Market Revenues & Volume, By Liquid Helium, 2018 - 2027F |
6.1.4 United States (US) Helium Market Revenues & Volume, By Gaseous Helium, 2018 - 2027F |
6.2 United States (US) Helium Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Helium Market Revenues & Volume, By Aerospace and Aircraft, 2018 - 2027F |
6.2.3 United States (US) Helium Market Revenues & Volume, By Electronics and Semiconductors, 2018 - 2027F |
6.2.4 United States (US) Helium Market Revenues & Volume, By Nuclear Power, 2018 - 2027F |
6.2.5 United States (US) Helium Market Revenues & Volume, By Healthcare, 2018 - 2027F |
6.2.6 United States (US) Helium Market Revenues & Volume, By Welding and Metal Fabrication, 2018 - 2027F |
6.2.7 United States (US) Helium Market Revenues & Volume, By Other, 2018 - 2027F |
6.3 United States (US) Helium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Helium Market Revenues & Volume, By Breathing Mixes, 2018 - 2027F |
6.3.3 United States (US) Helium Market Revenues & Volume, By Cryogenics, 2018 - 2027F |
6.3.4 United States (US) Helium Market Revenues & Volume, By Leak Detection, 2018 - 2027F |
6.3.5 United States (US) Helium Market Revenues & Volume, By Pressurizing and Purging, 2018 - 2027F |
6.3.6 United States (US) Helium Market Revenues & Volume, By Welding, 2018 - 2027F |
6.3.7 United States (US) Helium Market Revenues & Volume, By Controlled Atmosphere, 2018 - 2027F |
7 United States (US) Helium Market Import-Export Trade Statistics |
7.1 United States (US) Helium Market Export to Major Countries |
7.2 United States (US) Helium Market Imports from Major Countries |
8 United States (US) Helium Market Key Performance Indicators |
9 United States (US) Helium Market - Opportunity Assessment |
9.1 United States (US) Helium Market Opportunity Assessment, By Type, 2021 & 2027F |
9.2 United States (US) Helium Market Opportunity Assessment, By End-users, 2021 & 2027F |
9.3 United States (US) Helium Market Opportunity Assessment, By Application, 2021 & 2027F |
10 United States (US) Helium Market - Competitive Landscape |
10.1 United States (US) Helium Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Helium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |