Product Code: ETC087080 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | 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 characterized by a growing demand from various industries such as electronics, healthcare, and aerospace. Helium is a crucial element in several applications including MRI machines, semiconductor manufacturing, and rocket propulsion. The market is driven by the increasing use of helium in cooling systems, leak detection, and as a lifting gas. The US is a major producer of helium, with significant reserves in states like Texas, Kansas, and Wyoming. However, the market faces challenges due to the limited availability of helium resources and the rising costs of production. The demand-supply dynamics, coupled with technological advancements and regulatory factors, will continue to shape the growth of the US Helium Market in the coming years.
The US Helium Market is currently experiencing tight supply and increasing demand, leading to rising prices and a focus on helium conservation efforts. The market is influenced by various factors such as the closure of key helium production facilities, limited new sources of helium production coming online, and growing demand from industries like healthcare, electronics, and aerospace. As a result, helium suppliers are exploring new technologies for helium extraction and purification, as well as investing in helium recycling and recovery processes to meet the increasing demand. The market is expected to continue to face supply challenges in the near future, prompting stakeholders to seek innovative solutions to ensure a stable helium supply chain.
The United States Helium Market faces several challenges, including a limited global supply of helium, leading to fluctuating prices and potential shortages. The helium market is heavily dependent on a few key suppliers, which can create supply chain vulnerabilities and geopolitical risks. Additionally, the declining reserves of helium in the US and the limited number of helium refineries contribute to the market`s instability. The demand for helium continues to rise across various industries, such as healthcare, electronics, and aerospace, further straining the already limited supply. As a result, market participants need to navigate these challenges by seeking alternative helium sources, investing in helium recycling technologies, and implementing strategic supply chain management practices to ensure a stable and sustainable helium supply in the US.
The US Helium Market presents promising investment opportunities due to the increasing demand for helium across various industries like healthcare, aerospace, electronics, and energy. With limited global helium reserves and growing applications in technology and research, there is a need for new helium production facilities and technologies to meet the rising demand. Investing in helium exploration and production companies, as well as storage and distribution infrastructure, could be lucrative. Additionally, advancements in helium recycling technologies and government initiatives to secure domestic helium supply further enhance the investment potential in the US helium market. Overall, investing in the US helium market offers the potential for long-term growth and profitability as the demand for helium continues to rise.
The US government established the Helium Privatization Act in 1996, mandating the sale of helium reserves to private entities to gradually reduce the government`s involvement in the market. In 2013, the Helium Stewardship Act was passed to further manage the helium reserve and ensure a stable supply for critical industries. The Bureau of Land Management oversees the helium program and conducts auctions to sell off federally owned helium. Additionally, the Helium Extraction Act of 1960 encourages the development of helium resources on federal lands through partnerships with private companies. These policies aim to balance the government`s role in the helium market while ensuring a consistent supply for essential applications such as medical technology and aerospace research.
The future outlook for the United States Helium Market appears promising, fueled by increasing demand from various industries such as healthcare, electronics, and aerospace. The widespread application of helium in MRI machines, semiconductor manufacturing, and rocket propulsion systems is expected to drive market growth. Additionally, the expanding usage of helium in energy-efficient technologies like nuclear reactors and high-tech manufacturing processes will further boost market demand. However, challenges related to helium sourcing and supply chain disruptions may pose a threat to market stability. Innovations in helium extraction technologies and strategic partnerships in the global market are crucial for ensuring a sustainable supply and meeting the growing demand for helium in the US.
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 |