FMI Blog
The helium gas market is projected to grow significantly, driven by increased demand from the electronics and semiconductor industries. According to Future Market Insights, the market is expected to reach USD 46.8 billion by 2034, up from USD 30.4 billion in 2024, with a steady CAGR of 4.4%. Key applications driving this growth include medical imaging, semiconductor manufacturing, and aerospace.
In semiconductors, helium is used for cooling and maintaining controlled environments essential for production. The aerospace industry also relies on helium for rocket propulsion and aircraft maintenance, while the entertainment and diving sectors use it for balloons and deep-sea diving, respectively.
Our Mbelele Prospect in Tanzania has the potential to supply the growing global demand. Our helium will contribute to stabilising the global helium supply chain and supporting advancements in technology and healthcare.
