Hydrogen Global Market Report 2022 – 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 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : 7303 | Delivery Time: 2-3 business days | Format :


The hydrogen market consists of sales of hydrogen and its related services for industrial and other purposes. 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, high-pressure tube trailers, cylinders. The pipeline is a line of pipe with pumps, valves, and control devices for conveying liquids, gases, or finely divided solids. The applications involved are a chemical, refinery, 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 global hydrogen market size is expected to grow from $11.29 billion in 2021 to $13.52 billion in 2022 at a compound annual growth rate (CAGR) of 19.7%. The global hydrogen market size is expected to grow to $26.66 billion in 2026 at a CAGR of 18.5%.

New developments are taking place in healthcare with 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 an installed capacity of 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.

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 kgs whereas one gallon of hydrogen has a mass of only 0.00075 kg (at 1 atm pressure and 0°C). In order to transport large amounts of hydrogen, it must be either pressurized and delivered as a compressed gas, or liquefied. Where the hydrogen is produced can have a big impact on the cost and 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 manufacturing companies have started adopting technology of manufacturing hydrogen from sewage. Hydrogen gas can be manufactured from sewage sludge for use in the 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 which operates the world’s largest “tri-generation plant” that converts sewage into electrical power and renewable hydrogen for transportation fuel.

In September 2019, Cummins, a US-based company that designs, manufactures, and distributes engines, filtration, and power generation products acquired Hydrogenics for an undisclosed amount. This acquisition of Hydrogenics will strengthen Cummins’ fuel cell capabilities. Hydrogenics is a Canada-based developer and manufacturer of hydrogen generation and fuel cell products.

Major players 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, and Taiyo Nippon Sanso Corporation.

Asia Pacific was the largest region in the hydrogen market in 2021. North America was the second-largest region in the global hydrogen market. The regions covered in the global hydrogen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the hydrogen market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The global hydrogen market is segmented -

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

2) By Application: Chemical, Refinery, Metal Processing, Others

3) By End-User: Chemicals, Aerospace and Automotive, Energy, Refining, Glass, Welding and Metal Fabrication, Others

    Table Of Contents

    1. Executive Summary

    2. Hydrogen Market Characteristics

    3. Hydrogen Market Trends And Strategies

    4. Impact Of COVID-19 On Hydrogen

    5. Hydrogen Market Size And Growth

    5.1. Global Hydrogen Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Hydrogen Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Hydrogen Market Segmentation

    6.1. Global Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Pipeline

    High-Pressure Tube Trailers

    Cylinders

    6.2. Global Hydrogen Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Chemicals

    Aerospace and Automotive

    Energy

    Refining

    Glass

    Welding and Metal Fabrication

    Other End-Users

    6.3. Global Hydrogen Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Chemical

    Refinery

    Metal processing

    Other Applications

    7. Hydrogen Market Regional And Country Analysis

    7.1. Global Hydrogen Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Hydrogen Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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 Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Hydrogen Market

    9.1. China Hydrogen Market Overview

    9.2. China Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Hydrogen Market

    10.1. India Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Hydrogen Market

    11.1. Japan Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Hydrogen Market

    12.1. Australia Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Hydrogen Market

    13.1. Indonesia Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Hydrogen Market

    14.1. South Korea Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Hydrogen Market

    15.1. Western Europe Hydrogen Market Overview

    15.2. Western Europe Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Hydrogen Market

    16.1. UK Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Hydrogen Market

    17.1. Germany Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Hydrogen Market

    18.3. France Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Hydrogen Market

    19.1. Eastern Europe Hydrogen Market Overview

    19.2. Eastern Europe Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Hydrogen Market

    20.1. Russia Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Hydrogen Market

    21.1. North America Hydrogen Market Overview

    21.2. North America Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Hydrogen Market

    22.1. USA Hydrogen Market Overview

    22.2. USA Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Hydrogen Market

    23.1. South America Hydrogen Market Overview

    23.2. South America Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Hydrogen Market

    24.1. Brazil Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Hydrogen Market

    25.1. Middle East Hydrogen Market Overview

    25.2. Middle East Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Hydrogen Market

    26.1. Africa Hydrogen Market Overview

    26.2. Africa Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Hydrogen Market Competitive Landscape And Company Profiles

    27.1. Hydrogen Market Competitive Landscape

    27.2. Hydrogen Market Company Profiles

    27.2.1. Praxair, Inc.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Air Liquide S.A.

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Air Products and Chemicals, Inc.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. INOX Air Products Ltd.

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Iwatani Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Hydrogen Market

    29. Hydrogen Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Hydrogen Market, Segmentation By Mode of Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Hydrogen Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Hydrogen Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Hydrogen Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Hydrogen Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Hydrogen Market, Segmentation By Distribution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Praxair, Inc. Financial Performance
  • Table 28: Air Liquide S.A. Financial Performance
  • Table 29: Air Products and Chemicals, Inc. Financial Performance
  • Table 30: INOX Air Products Ltd. Financial Performance
  • Table 31: Iwatani Corporation Financial Performance

List Of Figures

Global Fireproofing Materials Market Size, Forecasts, And Opportunities – Includes Fireproofing Materials Market Outlook
Global Liquid Fertilizers Market Overview And Prospects – Includes Liquid Fertilizers Market Growth
Global Crop Protection Chemicals Market Size, Forecasts, And Opportunities
Global Flooring Adhesive Market Size, Forecasts, And Opportunities
Global Food Encapsulation Market Size, Forecasts, And Opportunities
Global Industrial Floor Coating Market Size, Forecasts, And Opportunities
Global Essential Oils Market Size, Forecasts, And Opportunities
Global Glyphosate Market Overview And Prospects
Hydrogen Powered Transport Global Market Report 2022 – By Fuel Cell Technology Type (Proton Exchange Membrane Fuel Cells, Phosphoric Acid Fuel Cells), By Vehicle Type (Cars, Buses, Trucks), By End Use (Passenger Vehicle, Commercial Vehicle) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Aerospace Global Market Report 2022 – By Type (Commercial Aircraft, Aircraft Maintenance, Repair and Overhauling Services, Aerospace Support and Auxiliary Equipment), By Size (Wide-Body, Narrow-Body, Regional), By End-User (Government, Private Sector), By Operation (Autonomous Aircraft, Manual) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Metal Matrix Composite Market 2022 - By Matrix Type (Aluminum MMC, Magnesium MMC, Copper MMC, Copper MMC), By Production Technology (Liquid Metal Infiltration, Powder Metallurgy, Casting, Deposition Techniques), By End-Use Industry (Automotive And Transportation, Aerospace And Defense, Electrical And Electronics, Industrial), And By Region, Opportunities And Strategies – Global Forecast To 2030
View Report
Hydrogen Energy Storage Global Market Report 2022 – By Storage Technology (Compression, Liquefaction, Material Based), By State (Liquid, Gas, Solid), By End User (Commercial, Industrial, Utilities) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Hydrogen Fuel Cells Global Market Report 2022– By Type (Polymer Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC), Solid Oxide Fuel Cells (SOFC)), By Application (Stationary, Transport, Portable), By End User (Fuel Cell Vehicles, Utilities, Defense) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Hydrogen Generators Global Market Report 2022 – By Product Type (Onsite, Portable), By Process (Steam Reforming, Electrolysis), By Capacity (Less Than 300 W, 300W - 1 KW, More Than 1 KW), By Application (Chemical Processing, Fuel Cells, Petroleum Recovery, Refining) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Chemicals Global Market Report 2022 – By Type (General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals), By Type of Intermediate Chemicals (Methanol, Ethylene Oxide, Propylene Oxide), By End-User (Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil & Gas, Rubber Chemicals, Surfactants, Personal Care, Other End-Users) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Welding Products Global Market Report 2022 – By Product (Stick Electrodes, Solid Wires, Flux Cored Wires, Saw Wires and fluxes, Other Products), By Technology (Arc Welding, Resistance Welding, Oxy Fuel Welding, Laser Beam Welding, Other Technologies), By Application (Automotive and Transportation, Building and Construction, Marine, Other Applications) – Market Size, Trends, And Global Forecast 2022-2026
View Report