The Global Helium Market was valued at USD 4.81 Billion in 2024 and is projected to reach USD 7.02 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2030). This growth is being driven by surging demand from the healthcare sector for Magnetic Resonance Imaging (MRI) scanners, the expansion of electronics manufacturing, and the rise of high-tech applications in aerospace, semiconductor production, and leak detection.

As a finite, non-renewable resource, helium’s strategic importance continues to intensify. The market is defined by a concentrated supply chain, with a handful of major players controlling production and distribution. In this blog, we profile the Top 10 Companies in the Helium Industry—a mix of national suppliers, industrial gas giants, and exploration pioneers shaping the future of this critical element.

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🔟 1. RasGas (QatarEnergy)

Headquarters: Doha, Qatar
Key Offering: Liquid Helium, Gaseous Helium

QatarEnergy, operating through its subsidiary RasGas, is the world’s largest producer and exporter of liquefied helium. Qatar’s vast North Field gas reservoir contains significant helium content, positioning the country as a dominant force in the global market and a crucial supplier to Asia and Europe.

Strategic Initiatives:

• Leadership in large-scale helium liquefaction and export

• Strategic focus on securing long-term supply agreements

• Continuous investment in expanding liquefaction capacity

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Helium Market – View in Detailed Research Report

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9️⃣ 2. ExxonMobil Corporation (Helium Operations)

Headquarters: Irving, Texas, USA
Key Offering: Crude Helium, Refined Helium

ExxonMobil operates the Shute Creek Gas Treatment Plant in Wyoming, which processes natural gas from the Riley Ridge Field, one of the richest helium sources in the United States. It is a key supplier of crude helium to the U.S. Federal Helium Reserve and private refiners.

Strategic Initiatives:

• Major supplier to the U.S. helium supply chain

• Investments in helium extraction and purification technologies

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8️⃣ 3. Linde plc

Headquarters: Guildford, United Kingdom (operational headquarters)
Key Offering: High-Purity Helium, Helium Mixtures, Helium Recovery Systems

Linde is a global leader in industrial gases, with an extensive helium business that includes sourcing, purification, distribution, and recovery services. The company serves diverse sectors, including healthcare, electronics, and aerospace, from a vast network of filling plants worldwide.

Strategic Initiatives:

• Global logistics and distribution network for helium

• Development of helium recycling and conservation technologies

• Long-term supply contracts with major producers

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7️⃣ 4. Air Products and Chemicals, Inc.

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Liquid and Gaseous Helium, Bulk Supply

Air Products is one of the world’s leading helium distributors, with a strong presence across North America, Asia, and Europe. The company has strategic supply sources and operates helium purification and liquefaction facilities to serve its global customer base.

Strategic Initiatives:

• Secure multi-source helium supply strategy

• Focus on reliability and supply chain resilience

• Expansion of distribution infrastructure in high-growth regions

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Helium Market – View in Detailed Research Report

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6️⃣ 5. Gazprom

Headquarters: Moscow, Russia
Key Offering: Helium extracted from Eastern Siberian natural gas fields

Gazprom possesses substantial helium resources within its vast natural gas reserves, particularly in Eastern Siberia. The company is developing its helium extraction capabilities, including the Amur Gas Processing Plant, which is set to become a major global supplier upon full commissioning.

Strategic Initiatives:

• Development of the world’s largest helium purification plant at Amur

• Strategic pivot to become a leading helium exporter to Asia-Pacific markets

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5️⃣ 6. PGNiG (Polish Oil and Gas Company)

Headquarters: Warsaw, Poland
Key Offering: Helium from its international assets, including in the US

PGNiG has strategically invested in the U.S. helium sector to diversify Poland’s and Europe’s supply sources. Through its subsidiary, the company holds interests in helium-rich fields and is actively involved in helium extraction and sales.

Strategic Initiatives:

• Strategic acquisitions of helium assets in the United States

• Aiming to enhance energy security and supply diversity for Europe

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4️⃣ 7. Air Liquide

Headquarters: Paris, France
Key Offering: High-purity helium, specialty gases, and on-site solutions

Air Liquide is a global industrial gas powerhouse with a significant helium business. The company manages a complex supply chain to deliver helium to critical industries like healthcare (MRI), electronics manufacturing, and scientific research.

Strategic Initiatives:

• Global supply chain optimization and risk management

• Investment in helium recycling systems for major customers

• Commitment to sustainable gas management practices

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3️⃣ 8. Messer Group

Headquarters: Bad Soden, Germany
Key Offering: Bulk and cylinder helium, helium recovery services

Messer is a leading privately-owned industrial gas company in Europe and the Americas. It maintains a robust helium supply portfolio, distributing to a wide range of customers while focusing on efficient logistics and application expertise.

Strategic Initiatives:

• Expansion of its helium distribution footprint in Central Europe and Asia

• Focus on technical customer support and gas management solutions

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2️⃣ 9. Gulf Helium (Bahrain)

Headquarters: Manama, Bahrain
Key Offering: Liquid Helium

Gulf Helium operates a large-scale helium purification and liquefaction plant in Bahrain, sourcing raw helium from the Qatar North Field via pipeline. It is a key supplier, particularly to markets in the Middle East and Asia.

Strategic Initiatives:

• Strategic geographic location leveraging Qatari supply

• Focus on serving growing regional demand

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1️⃣ 10. IAL (Industrial Africa Limited) / Noble Helium

Headquarters: Perth, Australia / Exploration focus in Tanzania
Key Offering: Primary helium exploration and future production

Noble Helium is an emerging pure-play helium exploration company focused on developing its prospective helium assets in Tanzania’s Rukwa Basin. The company aims to become a new, significant primary helium producer outside the traditional hydrocarbon-dominated supply chain.

Strategic Initiatives:

• Aggressive exploration for primary (non-hydrocarbon-associated) helium

• Aiming to bring a new, independent helium source to the global market

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Helium Market – View in Detailed Research Report

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🌍 Outlook: A Market in Transition Toward Diversification and Security

The helium market is navigating a critical period of transition. While traditional suppliers remain dominant, the industry is actively pursuing new sources, improving conservation technologies, and building more resilient supply chains to mitigate the risks of scarcity and geopolitical volatility.

📈 Key Trends Shaping the Market:

• Commissioning of major new production facilities in Russia and Qatar

• Growth in exploration for primary helium sources, particularly in Africa and North America

• Increased adoption of helium recycling and closed-loop systems in major consuming industries

• Strategic national stockpiling and supply security initiatives by key consuming countries

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Helium Market – View in Detailed Research Report

The companies listed above are not only supplying a critical element—they’re at the forefront of building a more secure and diversified future for the global helium industry.