Global Hydrogen Market Report 2024

Hydrogen Global Market Report 2024 – By Mode Of Distribution (Pipeline, High-Pressure Tube Trailers, Cylinders), By Application (Chemical, Refinery, Metal Processing, Other Applications), By End User (Chemicals, Aerospace And Automotive, Energy, Refining, Glass, Welding And Metal Fabrication, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Hydrogen Market Definition And Segments

Hydrogen is produced as a by-product of industrial chlorine production by electrolysis. Although it requires expensive technologies, hydrogen can be cooled, compressed, and purified for use in other processes on-site or sold to a customer via pipeline, cylinders, or trucks.

The mode of distribution of the hydrogen in the pipeline is high-pressure tube trailers or cylinders. A pipeline is a line of pipes with pumps, valves, and control devices for conveying liquids, gases, or finely divided solids. The applications involved are chemicals, refineries, metal processing, and other applications. The various end-users are chemicals, aerospace and automotive, energy, refining, glass, welding, metal fabrication, and other end-users.

The hydrogen market covered in this report is segmented –

1) By Mode Of Distribution: Pipeline, High-Pressure Tube Trailers, Cylinders

2) By Application: Chemical, Refinery, Metal Processing, Other Applications

3) By End User: Chemicals, Aerospace And Automotive, Energy, Refining, Glass, Welding And Metal Fabrication, Other End Users

The hydrogen market size has grown rapidly in recent years. It will grow from $15.98 billion in 2023 to $18.82 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, an increased demand from the chemical industry and extensive deployment of hydrogen fuel cell vehicles.

The hydrogen market size is expected to see rapid growth in the next few years. It will grow to $34.7 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to government support, growing demand from the energy sector and growing demand from the oil and gas industry. Major trends in the forecast period include hydrogen production from sewage waste, partnerships and collaborations, increasing investments in green hydrogen, hydrogen manufacturers adopting IoT (internet of things) technology, use of smart meters and customized air separation plants.

Rising Demand For High-Grade Industrial Gases In Healthcare Innovations

New developments are taking place in healthcare with an increasing emphasis on a healthier, better quality of life. Industrial gases such as hydrogen are being prepared for clinical use in pharmaceutical-based products. Hospitals such as St. Francis and VA Loma Linda have already installed hydrogen plants for the power generation process. Treatments and drug developments using induced pluripotent stem cells (IPS) will bring new added value to the industry through the application of systems using gases. This is indispensable for the cultivation and preservation of cells and tissues and is driving the demand for high-grade industrial gases.

Stringent Fuel Emissions Norms To Drive Market Growth

The stringent fuel emission norms are expected to propel the growth of the hydrogen market. Fuel emission norms refer to the legally established limits on the number of pollutants and greenhouse gases that vehicles, such as cars, trucks, and motorcycles, are allowed to emit into the environment. Fuel emission regulations push industries and governments to seek cleaner energy sources, making hydrogen an attractive option. Hydrogen is used in zero-emission transportation, decarbonizing industries, and energy storage, aligning with emission reduction goals. For instance, in April 2023, according to the United States Environmental Protection Agency (EPA), a US-based government agency, the EPA proposed stricter emissions standards for light- and medium-duty vehicles, targeting various pollutants emitted by vehicles, including greenhouse gases, ozone, particulate matter, and air toxics. The proposed standards are projected to result in a 56% reduction in projected fleet average GHG emissions target levels for light-duty vehicles in 2032 compared to the existing 2026 standards. Therefore, the stringent fuel emission norms are driving the growth of the hydrogen market.

Major companies operating in the hydrogen market report are The Linde Group, Air Liquide, Air Products and Chemicals Inc., Taiyo Nippon Sanso Corporation, Air Water Inc., Iwatani Corporation, Gulf Cryo, NGK Spark Plug Co, Ltd., Twin Turbines Energy, Showa Denko K.K., Oxair, WIKA Alexander Wiegand SE & Co. KG, Ellenbarie, Praxair Inc., Air Products and Chemicals Market Size, Inc., Natural Hydrogen Energy Ltd., Core Industrial Gases, Uniper, Lind Gas PLC, AMCS Corporation, Hydrogenics, Inox, ZTEK Corporation, Engie, APT spol. S r.o., Grupa Lotos SA, Gdansk-based refiner, Gazprom, SOL Group, Supagas, Bloom Energy Corporation, Shell PLC, Chevron Corporation, Eco Energy International, Yingde Gas Group Co., Ltd., Nuvera Fuel Cells, LLC, Plug Power, Rosatom, Messer Group, H2Pro, Masdar, GASAL Q.S.C., Buzwair Holding, Afrox

Transportation And Storage Costs Pose Challenges For The Hydrogen Market

During the forecast period, high transportation and storage costs of hydrogen are expected to restrain the hydrogen market. Hydrogen is not just the smallest element on earth, it is also the lightest—as a point of comparison, the mass of one gallon of gasoline is approximately 2.75 kg, whereas one gallon of hydrogen has a mass of only 0.00075 kg (at 1 atm pressure and 0 °C). To transport large amounts of hydrogen, it must be either pressurized and delivered as a compressed gas or liquefied. Where hydrogen is produced can have a big impact on the cost, the best method of delivery, and its broad flammability range relative to hydrocarbons. Hydrogen is transported from the point of production to the point of use via pipeline, over the road in cryogenic liquid tanker trucks or gaseous tube trailers, or by rail or barge. These factors are expected to have a negative impact on the hydrogen market.

Hydrogen Production From Sewage In Manufacturing And Transportation

Hydrogen manufacturing companies have started adopting the technology of manufacturing hydrogen from sewage. Hydrogen gas can be manufactured from sewage sludge for use in chemicals, fertilizers, transportation, and manufacturing industries. In this process, the weight of the sewage sludge is reduced by means of dehydration, followed by incineration, melting, composting, and drying. This process can be used to produce hydrogen on a large scale for supply to the manufacturing and transportation industries. Companies such as Fuel Cell Energy and Graforce Hydro are investing in this technology. Los Angeles Fuel Cell Energy Inc. is one of the hydrogen manufacturers that operates the world’s largest 'tri-generation plant' that converts sewage into electrical power and renewable hydrogen for transportation fuel.

Technological Advancements Reshaping The Hydrogen Market

Major companies operating in the hydrogen market are developing new steam methane reforming (SMR) technology to gain a competitive edge in the market. Steam Methane Reforming (SMR) is a chemical process that uses natural gas and steam to produce hydrogen and carbon monoxide, commonly employed for large-scale industrial hydrogen production. For instance, in April 2022, John Wood Group PLC, a UK-based engineering services company, launched a new steam methane reforming (SMR) technology designed to achieve a remarkable 95% reduction in CO2 emissions compared to traditional hydrogen production methods. This innovation aims to address energy and industrial process inefficiencies responsible for over half of global greenhouse gas emissions, positioning hydrogen production as a pivotal step toward a more sustainable future while meeting growing energy demands. Wood's SMR technology, suitable for both new and existing projects, not only reduces capital and operational costs but also enhances environmental sustainability by integrating pre-combustion carbon capture, building upon Wood's extensive experience in hydrogen plant construction worldwide.

Phoenix Motor Inc. Expands Hydrogen Fuel Cell Capabilities Through Acquisition Of Altergy Systems' Manufacturing Assets

In August 2022, Phoenix Motor Inc., a US-based automobile company acquired hydrogen fuel cell manufacturing assets including an automated, robotic fuel cell assembly line from Altergy Systems for an undisclosed sum. This acquisition enables Phoenix to leverage Altergy’s manufacturing facility to develop hydrogen fuel cells to serve automotive needs. Altergy Systems is a US-based firm offering hydrogen fuel cell systems.

Asia-Pacific was the largest region in the hydrogen market in 2023. North America was the second-largest region in the global hydrogen market. The regions covered in the hydrogen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the hydrogen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The hydrogen market consists of the sales of green hydrogen, blue hydrogen, brown hydrogen, yellow hydrogen, turquoise hydrogen, and pink hydrogen. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The hydrogen market research report is one of a series of new reports from The Business Research Company that provides hydrogen market statistics, including hydrogen industry global market size, regional shares, competitors with a hydrogen market share, detailed hydrogen market segments, market trends and opportunities, and any further data you may need to thrive in the hydrogen industry. This hydrogen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Hydrogen Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $18.82 billion
Revenue Forecast In 2033 $34.7 billion
Growth Rate CAGR of 16.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Mode Of Distribution: Pipeline, High-Pressure Tube Trailers, Cylinders
2) By Application: Chemical, Refinery, Metal Processing, Other Applications
3) By End User: Chemicals, Aerospace And Automotive, Energy, Refining, Glass, Welding And Metal Fabrication, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled The Linde Group; Air Liquide; Air Products and Chemicals Inc; Taiyo Nippon Sanso Corporation; Air Water Inc.; Iwatani Corporation; Gulf Cryo; NGK Spark Plug Co, Ltd.; Twin Turbines Energy; Showa Denko K.K.; Oxair; WIKA Alexander Wiegand SE & Co. KG; Ellenbarie; Praxair Inc; Air Products and Chemicals Market Size, Inc.; Natural Hydrogen Energy Ltd.; Core Industrial Gases; Uniper; Lind Gas Plc; AMCS Corporation; Hydrogenics; Inox; ZTEK Corporation; Engie; APT spol. S r.o.; Grupa Lotos SA; Gdansk-based refiner; Gazprom; SOL Group; Supagas; Bloom Energy Corporation; Shell plc; Chevron Corporation; Eco Energy International; Yingde Gas Group Co., Ltd.; Nuvera Fuel Cells, LLC; Plug Power; Rosatom; Messer Group; H2Pro; Masdar; GASAL Q.S.C.; Buzwair Holding; Afrox
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    Table Of Contents

    1. Executive Summary

    2. Hydrogen Market Characteristics

    3. Hydrogen Market Trends And Strategies

    4. Hydrogen Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Hydrogen Market Size and Growth

    5.1. Global Hydrogen Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Hydrogen Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Hydrogen Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Hydrogen Market Segmentation

    6.1. Global Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Pipeline

    High-Pressure Tube Trailers

    Cylinders

    6.2. Global Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Chemical

    Refinery

    Metal processing

    Other Applications

    6.3. Global Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Chemicals

    Aerospace and Automotive

    Energy

    Refining

    Glass

    Welding and Metal Fabrication

    Other End Users

    7. Hydrogen Market Regional And Country Analysis

    7.1. Global Hydrogen Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Hydrogen Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Hydrogen Market

    8.1. Asia-Pacific Hydrogen Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Hydrogen Market

    9.1. China Hydrogen Market Overview

    9.2. China Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Hydrogen Market

    10.1. India Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Hydrogen Market

    11.1. Japan Hydrogen Market Overview

    11.2. Japan Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Hydrogen Market

    12.1. Australia Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Hydrogen Market

    13.1. Indonesia Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Hydrogen Market

    14.1. South Korea Hydrogen Market Overview

    14.2. South Korea Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Hydrogen Market

    15.1. Western Europe Hydrogen Market Overview

    15.2. Western Europe Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Hydrogen Market

    16.1. UK Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Hydrogen Market

    17.1. Germany Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Hydrogen Market

    18.1. France Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Hydrogen Market

    19.1. Italy Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Hydrogen Market

    20.1. Spain Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Hydrogen Market

    21.1. Eastern Europe Hydrogen Market Overview

    21.2. Eastern Europe Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Hydrogen Market

    22.1. Russia Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Hydrogen Market

    23.1. North America Hydrogen Market Overview

    23.2. North America Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Hydrogen Market

    24.1. USA Hydrogen Market Overview

    24.2. USA Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Hydrogen Market

    25.1. Canada Hydrogen Market Overview

    25.2. Canada Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Hydrogen Market

    26.1. South America Hydrogen Market Overview

    26.2. South America Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Hydrogen Market

    27.1. Brazil Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Hydrogen Market

    28.1. Middle East Hydrogen Market Overview

    28.2. Middle East Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Hydrogen Market

    29.1. Africa Hydrogen Market Overview

    29.2. Africa Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Hydrogen Market Competitive Landscape And Company Profiles

    30.1. Hydrogen Market Competitive Landscape

    30.2. Hydrogen Market Company Profiles

    30.2.1. The Linde Group

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Air Liquide

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Air Products and Chemicals Inc

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Taiyo Nippon Sanso Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Air Water Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Hydrogen Market Other Major And Innovative Companies

    31.1. Iwatani Corporation

    31.2. Gulf Cryo

    31.3. NGK Spark Plug Co, Ltd.

    31.4. Twin Turbines Energy

    31.5. Showa Denko K.K.

    31.6. Oxair

    31.7. WIKA Alexander Wiegand SE & Co. KG

    31.8. Ellenbarie

    31.9. Praxair Inc

    31.10. Air Products and Chemicals Market Size, Inc.

    31.11. Natural Hydrogen Energy Ltd.

    31.12. Core Industrial Gases

    31.13. Uniper

    31.14. Lind Gas Plc

    31.15. AMCS Corporation

    32. Global Hydrogen Market Competitive Benchmarking

    33. Global Hydrogen Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Hydrogen Market

    35. Hydrogen Market Future Outlook and Potential Analysis

    35.1 Hydrogen Market In 2028 - Countries Offering Most New Opportunities

    35.2 Hydrogen Market In 2028 - Segments Offering Most New Opportunities

    35.3 Hydrogen Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Hydrogen Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Hydrogen Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: The Linde Group Financial Performance
  • Table 75: Air Liquide Financial Performance
  • Table 76: Air Products and Chemicals Inc Financial Performance
  • Table 77: Taiyo Nippon Sanso Corporation Financial Performance
  • Table 78: Air Water Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Hydrogen Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Hydrogen Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Hydrogen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Hydrogen Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: The Linde Group Financial Performance
  • Figure 75: Air Liquide Financial Performance
  • Figure 76: Air Products and Chemicals Inc Financial Performance
  • Figure 77: Taiyo Nippon Sanso Corporation Financial Performance
  • Figure 78: Air Water Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the hydrogen market?

Hydrogen is produced as a by-product of industrial chlorine production by electrolysis. Although it requires expensive technologies, hydrogen can be cooled, compressed, and purified for use in other processes on-site or sold to a customer via pipeline, cylinders, or trucks. For further insights on the hydrogen market, request a sample here

How will the hydrogen market drivers and restraints affect the hydrogen market dynamics? What forces will shape the hydrogen industry going forward?

The hydrogen market growth is aided by new developments in healthcare with an increasing emphasis on a healthier, better quality of life. However, some hydrogen market restraints include high transportation and storage costs of hydrogen. For further insights on the hydrogen market, request a sample here

What is the forecast market size or the forecast market value of the hydrogen market?

The hydrogen market is expected to reach $29.54 billion in 2027 at a rate of 16.6%. For further insights on the hydrogen market, request a sample here

How is the hydrogen market segmented?

The global hydrogen market is segmented as
1) By Mode of Distribution: Pipeline, High-Pressure Tube Trailers, Cylinders
2) By Application: Chemical, Refinery, Metal processing, Other Applications
3) By End User: Chemicals, Aerospace and Automotive, Energy, Refining, Glass, Welding and Metal Fabrication, Other End Users
For further insights on the hydrogen market, request a sample here

Which region has the largest share of the hydrogen market? What are the largest region's market size and growth rate?

Asia-Pacific was the largest region in the hydrogen market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the hydrogen market?

Key competitors in the hydrogen market are, Praxair, Inc., Air Liquide S.A., Air Products and Chemicals, Inc., INOX Air Products Ltd., Iwatani Corporation, Hydrogenics Corporation, Linde AG, Messer Group GmbH, Nuvera Fuel Cells, Taiyo Nippon Sanso Corporation, Caloric Anlagenbau,  Xebec Adsorption, Showa Denko K.K. (SDK), Nel ASA, Plug Power, Ally Hitech Co. Ltd, Gulf Cryo, Teledyne Technologies. For further insights on the hydrogen market, request a sample here.

What are the key trends in the hydrogen market?

Major trends influencing the hydrogen market include adopting the technology of manufacturing hydrogen from sewage. Hydrogen gas can be manufactured from sewage sludge for use in chemicals, fertilizers, transportation, and manufacturing industries. In this process, the weight of the sewage sludge is reduced by means of dehydration, followed by incineration, melting, composting, and drying. This process can be used to produce hydrogen on a large scale for supply to the manufacturing and transportation industries. For further insights on the hydrogen market, request a sample here.

What are the major opportunities in the hydrogen market? What are the strategies for the hydrogen market?

For detailed insights on the major opportunities and strategies in the hydrogen market, request a sample here.

How does the hydrogen market relate to the overall economy and other similar markets?

For detailed insights on hydrogen market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the hydrogen industry?

For detailed insights on the mergers and acquisitions in the hydrogen industry, request a sample here.

What are the key dynamics influencing the hydrogen market growth? SWOT analysis of the hydrogen market.

For detailed insights on the key dynamics influencing the hydrogen market growth and SWOT analysis of the hydrogen industry, request a sample here.