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Australia Helium Market Size, Share, Forecast, Analysis: By Phase: Liquid, Gas; By Application: Breathing Mixes, Cryogenics, Leak Detection, Pressurising and Purging, Controlled Atmosphere, Welding, Others; By End Use: Aerospace and Aircraft, Electronics and Semiconductors, Others; Regional Analysis; Competitive Landscape; 2024-2032
Australia Helium Market Size
The Australia helium market reached is projected to grow at a CAGR of 3.9% between 2024 and 2032. The market is being driven by the growing installation of solar panels and the robust growth of the mining sector.
| Historical period | Description | Value |
| Base Year | MMCF | 2023 |
| Historical Period | MMCF | 2018-2023 |
| Forecast Period | MMCF | 2024-2032 |
| Market Size 2023 | MMCF | XX |
| Market Size 2032 | MMCF | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 3.9% |
| CAGR 2024-2032 - Market by Region | Western Australia | 4.2% |
| CAGR 2024-2032 - Market by Region | Victoria | 3.7% |
| CAGR 2024-2032 - Market by Phase | Gas | 4.4% |
| CAGR 2024-2032 - Market by End Use | Electronics and Semiconductors | 4.7% |
| 2023 Market Share by Region | New South Wales | 27.5% |
Australia Helium Market Outlook
- The discovery of new helium reserves in the Yorke peninsula is expected to boost the market growth significantly.
- Increasing investments in semiconductor manufacturing are expected to drive the market growth.
- Australia is entirely dependent on imports for the supply of helium.
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.
Australia Helium Industry Segmentation
Australia Helium Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
| CAGR 2024-2032 - Market by | Phase |
| Gas | 4.4% |
| Liquid | XX% |
Market Breakup by Phase
- Liquid
- Gas
Market Breakup by Application
- Breathing Mixes
- Cryogenics
- Leak Detection
- Pressurising and Purging
- Controlled Atmosphere
- Welding
- Others
| CAGR 2024-2032 - Market by | End Use |
| Electronics and Semiconductors | 4.7% |
| Aerospace and Aircraft | 4.1% |
| Nuclear Power | 3.6% |
| Healthcare | XX% |
| Welding and Metal Fabrication | XX% |
| Others | XX% |
Market Breakup by End Use
- Aerospace and Aircraft
- Electronics and Semiconductors
- Nuclear Power
- Healthcare
- Welding and Metal Fabrication
- Others
| CAGR 2024-2032 - Market by | Region |
| Western Australia | 4.2% |
| Victoria | 3.7% |
| Queensland | 3.5% |
| New South Wales | XX% |
| Australian Capital Territory | XX% |
| Others | XX% |
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
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 2024-2032 as solar panel installations reach record levels.
| 2023 Market Share by | Region |
| New South Wales | 27.5% |
| Victoria | XX% |
| Queensland | XX% |
| Australian Capital Territory | XX% |
| Western Australia | XX% |
| Others | XX% |
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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Phase |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Helium Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Helium Historical Market (2018-2023)
8.3 Asia Pacific Helium Market Forecast (2024-2032)
9 Australia Helium Market Overview
9.1 Key Industry Highlights
9.2 Australia Helium Historical Market (2018-2023)
9.3 Australia Helium Market Forecast (2024-2032)
10 Australia Helium Market by Phase
10.1 Liquid
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Gas
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Helium Market by Application
11.1 Breathing Mixes
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Cryogenics
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Leak Detection
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Pressurising and Purging
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Controlled Atmosphere
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Welding
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Australia Helium Market by End Use
12.1 Aerospace and Aircraft
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Electronics and Semiconductors
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Nuclear Power
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Healthcare
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Welding and Metal Fabrication
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Australia Helium Market by Region
13.1 New South Wales
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Victoria
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Queensland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Australian Capital Territory
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Western Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Blue Star Helium Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Noble Helium Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Coregas Pty Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Helium Market: Key Industry Highlights, 2018 and 2032
2. Australia Helium Market: Key Industry Highlights, 2018 and 2032
3. Australia Helium Historical Market: Breakup by Phase (MMCF), 2018-2023
4. Australia Helium Market Forecast: Breakup by Phase (MMCF), 2024-2032
5. Australia Helium Historical Market: Breakup by Application (MMCF), 2018-2023
6. Australia Helium Market Forecast: Breakup by Application (MMCF), 2024-2032
7. Australia Helium Historical Market: Breakup by End Use (MMCF), 2018-2023
8. Australia Helium Market Forecast: Breakup by End Use (MMCF), 2024-2032
9. Australia Helium Historical Market: Breakup by Region (MMCF), 2018-2023
10. Australia Helium Market Forecast: Breakup by Region (MMCF), 2024-2032
11. Australia Helium Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.9% between 2024 and 2032.
The different end uses of helium include aerospace and aircraft, electronics and semiconductors, nuclear power, healthcare, and welding and metal fabrication, among others.
The different applications of helium include breathing mixes, cryogenics, leak detection, pressurising and purging, controlled atmosphere, and welding, among others.
The different regions covered in the market report include New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia, among others.
The key market players are Blue Star Helium Limited, Noble Helium Limited, and Coregas Pty Ltd., among others.
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