Australia Helium Market Report and Forecast 2025-2034

Australia Helium Market Growth

By 2030, Australia aims to generate 82% of its electricity from renewable sources. Since Australia receives solar radiation of 58 million PJ (nearly 10,000 higher than its domestic requirements) annually, solar power is expected to emerge as a critical driver of its clean energy transition. As of 2023, rooftop solar panels constitute 11.2% of the nation’s overall electricity supply, which witnessed a record installation of 20 GW across the country. This is expected to drive the demand for helium, as it is critical for ensuring quality checks in solar panels, which contributes to their efficiency and durability in the long run.

Australia is currently futureproofing the growth of its mining sector by adopting advanced technologies and sustainable practices. The sector accounts for 13.7% of Australia’s GDP and in 2022-23, it accounted for $455 billion in export revenues. This is expected to directly impact the demand for helium, which serves as an essential tracer gas in underground mines and helps improve working conditions' safety by facilitating leak detection like carbon monoxide. It is also a critical carrier gas that facilitates gas analysis in gas chromatography. It is highly inert, diffusive, and has ideal properties of viscosity which makes it important for underground mining operations.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Australia Helium Industry Segmentation

Australia Helium Market Share

Based on region, the market is divided into New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia, among others. Over the forecast period, Victoria is projected to grow at a CAGR of 3.7% during the forecast period of 2025-2034 as solar panel installations reach record levels.

Leading Companies in the Australia Helium Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• Blue Star Helium Limited

• Noble Helium Limited

• Coregas Pty Ltd.

• Others

Major market players are exploring new reserves of helium, which can potentially change the fortunes of Australia’s healthcare, nuclear power, and aerospace industries, among others.