Product Code: ETC087110 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Sri Lanka Helium Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.91% in 2026, following an initial rate of 10.87%, before easing to 0.90% at the end of the period.
Sri Lanka's Helium market is anticipated to experience a high growth rate of 11.21% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Sri Lanka helium market is a relatively small but growing sector driven primarily by the increasing demand for helium in various industries such as healthcare, electronics, and aerospace. The market is influenced by factors such as technological advancements, government regulations, and the presence of key players in the region. The helium market in Sri Lanka is expected to witness steady growth in the coming years due to the rising adoption of helium in applications like MRI machines, semiconductor manufacturing, and scientific research. However, challenges such as supply chain disruptions and fluctuating prices of helium globally could impact the market dynamics in Sri Lanka. Overall, the Sri Lanka helium market presents opportunities for market players to expand their presence and cater to the evolving needs of industries requiring helium for various applications.
The Sri Lanka Helium market is experiencing steady growth due to increasing demand from various industries such as healthcare, electronics, and aerospace. The healthcare sector, in particular, is driving the demand for helium gas for medical imaging equipment and respiratory therapy. Additionally, the electronics industry is utilizing helium for cooling applications in semiconductor manufacturing. The market is also witnessing a rise in demand for helium in the aerospace sector for applications such as pressurization systems and rocket propulsion. However, the market is facing challenges in terms of supply chain disruptions and price fluctuations due to the limited global helium reserves. To mitigate these challenges, key players are focusing on securing long-term helium supply contracts and investing in helium extraction technologies.
In the Sri Lanka Helium Market, one of the main challenges is the limited availability of helium sources locally, leading to dependence on imports. This reliance on imports can result in supply chain disruptions, price fluctuations, and potential shortages. Additionally, the transportation and storage of helium require specialized infrastructure and technologies, which can be costly to establish and maintain. Furthermore, the market may face regulatory hurdles related to the handling and usage of helium due to its classification as a rare and valuable gas. Overall, these challenges highlight the need for strategic planning, efficient logistics, and regulatory compliance to ensure a stable and sustainable helium market in Sri Lanka.
The Sri Lanka Helium Market presents promising investment opportunities due to the increasing demand for helium in various industries such as healthcare, electronics, and manufacturing. As helium is a crucial component in various applications including MRI machines, semiconductor manufacturing, and welding, the market is expected to grow steadily in the coming years. Investing in helium production and distribution companies in Sri Lanka could be lucrative, especially with the country`s strategic location in the region. Additionally, advancements in helium extraction technologies and the potential for large helium reserves in the region further enhance the investment prospects. Overall, investing in the Sri Lanka Helium Market could offer long-term growth potential and diversification in a niche but essential sector.
The Sri Lankan government does not have specific policies targeting the helium market. However, the overall regulatory framework for the industrial gases sector in the country is governed by the Consumer Affairs Authority (CAA) and the Industrial Development Board (IDB). These bodies oversee the licensing, pricing, and quality control of gases, including helium, to ensure consumer protection and industry standards compliance. Additionally, Sri Lanka`s trade policies and regulations impact the import and export of helium, with customs duties and taxes applying to helium shipments. As the helium market continues to grow globally, the Sri Lankan government may consider developing specific regulations or incentives to support the domestic helium industry and ensure its sustainable growth in the future.
The future outlook for the Sri Lanka Helium Market is promising, with steady growth expected due to increasing demand from various industries such as healthcare, electronics, and aerospace. As helium is an essential element in many critical applications, including MRI machines, semiconductor manufacturing, and rocket propulsion, the market is likely to witness sustained demand in the coming years. Additionally, advancements in helium extraction technologies and exploration of new helium reserves in Sri Lanka are anticipated to further boost market growth. However, challenges such as fluctuating helium prices and supply chain disruptions may pose some hurdles. Overall, the Sri Lanka Helium Market is poised for growth and offers opportunities for market players to capitalize on the increasing demand for this valuable gas.
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 Sri Lanka Helium Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Helium Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Helium Market - Industry Life Cycle |
3.4 Sri Lanka Helium Market - Porter's Five Forces |
3.5 Sri Lanka Helium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sri Lanka Helium Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Sri Lanka Helium Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Sri Lanka Helium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Helium Market Trends |
6 Sri Lanka Helium Market, By Types |
6.1 Sri Lanka Helium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Helium Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Sri Lanka Helium Market Revenues & Volume, By Liquid Helium, 2018 - 2027F |
6.1.4 Sri Lanka Helium Market Revenues & Volume, By Gaseous Helium, 2018 - 2027F |
6.2 Sri Lanka Helium Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Helium Market Revenues & Volume, By Aerospace and Aircraft, 2018 - 2027F |
6.2.3 Sri Lanka Helium Market Revenues & Volume, By Electronics and Semiconductors, 2018 - 2027F |
6.2.4 Sri Lanka Helium Market Revenues & Volume, By Nuclear Power, 2018 - 2027F |
6.2.5 Sri Lanka Helium Market Revenues & Volume, By Healthcare, 2018 - 2027F |
6.2.6 Sri Lanka Helium Market Revenues & Volume, By Welding and Metal Fabrication, 2018 - 2027F |
6.2.7 Sri Lanka Helium Market Revenues & Volume, By Other, 2018 - 2027F |
6.3 Sri Lanka Helium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Helium Market Revenues & Volume, By Breathing Mixes, 2018 - 2027F |
6.3.3 Sri Lanka Helium Market Revenues & Volume, By Cryogenics, 2018 - 2027F |
6.3.4 Sri Lanka Helium Market Revenues & Volume, By Leak Detection, 2018 - 2027F |
6.3.5 Sri Lanka Helium Market Revenues & Volume, By Pressurizing and Purging, 2018 - 2027F |
6.3.6 Sri Lanka Helium Market Revenues & Volume, By Welding, 2018 - 2027F |
6.3.7 Sri Lanka Helium Market Revenues & Volume, By Controlled Atmosphere, 2018 - 2027F |
7 Sri Lanka Helium Market Import-Export Trade Statistics |
7.1 Sri Lanka Helium Market Export to Major Countries |
7.2 Sri Lanka Helium Market Imports from Major Countries |
8 Sri Lanka Helium Market Key Performance Indicators |
9 Sri Lanka Helium Market - Opportunity Assessment |
9.1 Sri Lanka Helium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sri Lanka Helium Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Sri Lanka Helium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sri Lanka Helium Market - Competitive Landscape |
10.1 Sri Lanka Helium Market Revenue Share, By Companies, 2021 |
10.2 Sri Lanka Helium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |