Global Hydrogen Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Hydrogen Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Hydrogen (H2) is an odourless and tasteless gas that is mainly produced through natural gas steam reforming or the electrolysis of water. Lighter than air, it burns with an invisible, clean (carbon-free and soot-free) flame. It is the only fuel gas that does not contain any carbon atoms.
According to APO Research, The global Hydrogen market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Hydrogen is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Hydrogen is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Hydrogen is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Hydrogen include Linde Group, Air Liquide, Air Products, Air Water, Taiyo Nippon Sanso, Messer Group and Yingde Gases, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hydrogen, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen.
The Hydrogen market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yingde Gases
Hydrogen segment by Type

Captive Hydrogen
Merchant Hydrogen
Hydrogen segment by Application

Oil Refining
Ammonia Production
Methanol Production
Steel Production
Others
Hydrogen Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydrogen market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hydrogen and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydrogen.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Hydrogen manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Hydrogen in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Hydrogen Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Hydrogen Sales Estimates and Forecasts (2019-2030)
1.3 Hydrogen Market by Type
1.3.1 Captive Hydrogen
1.3.2 Merchant Hydrogen
1.4 Global Hydrogen Market Size by Type
1.4.1 Global Hydrogen Market Size Overview by Type (2019-2030)
1.4.2 Global Hydrogen Historic Market Size Review by Type (2019-2024)
1.4.3 Global Hydrogen Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Hydrogen Sales Breakdown by Type (2019-2024)
1.5.2 Europe Hydrogen Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Hydrogen Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Hydrogen Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Hydrogen Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Hydrogen Industry Trends
2.2 Hydrogen Industry Drivers
2.3 Hydrogen Industry Opportunities and Challenges
2.4 Hydrogen Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Hydrogen Revenue (2019-2024)
3.2 Global Top Players by Hydrogen Sales (2019-2024)
3.3 Global Top Players by Hydrogen Price (2019-2024)
3.4 Global Hydrogen Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Hydrogen Key Company Manufacturing Sites & Headquarters
3.6 Global Hydrogen Company, Product Type & Application
3.7 Global Hydrogen Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Hydrogen Market CR5 and HHI
3.8.2 Global Top 5 and 10 Hydrogen Players Market Share by Revenue in 2023
3.8.3 2023 Hydrogen Tier 1, Tier 2, and Tier 3
4 Hydrogen Regional Status and Outlook
4.1 Global Hydrogen Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Hydrogen Historic Market Size by Region
4.2.1 Global Hydrogen Sales in Volume by Region (2019-2024)
4.2.2 Global Hydrogen Sales in Value by Region (2019-2024)
4.2.3 Global Hydrogen Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Hydrogen Forecasted Market Size by Region
4.3.1 Global Hydrogen Sales in Volume by Region (2025-2030)
4.3.2 Global Hydrogen Sales in Value by Region (2025-2030)
4.3.3 Global Hydrogen Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Hydrogen by Application
5.1 Hydrogen Market by Application
5.1.1 Oil Refining
5.1.2 Ammonia Production
5.1.3 Methanol Production
5.1.4 Steel Production
5.1.5 Others
5.2 Global Hydrogen Market Size by Application
5.2.1 Global Hydrogen Market Size Overview by Application (2019-2030)
5.2.2 Global Hydrogen Historic Market Size Review by Application (2019-2024)
5.2.3 Global Hydrogen Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Hydrogen Sales Breakdown by Application (2019-2024)
5.3.2 Europe Hydrogen Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Hydrogen Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Hydrogen Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Hydrogen Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Linde Group
6.1.1 Linde Group Comapny Information
6.1.2 Linde Group Business Overview
6.1.3 Linde Group Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Linde Group Hydrogen Product Portfolio
6.1.5 Linde Group Recent Developments
6.2 Air Liquide
6.2.1 Air Liquide Comapny Information
6.2.2 Air Liquide Business Overview
6.2.3 Air Liquide Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Air Liquide Hydrogen Product Portfolio
6.2.5 Air Liquide Recent Developments
6.3 Air Products
6.3.1 Air Products Comapny Information
6.3.2 Air Products Business Overview
6.3.3 Air Products Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Air Products Hydrogen Product Portfolio
6.3.5 Air Products Recent Developments
6.4 Air Water
6.4.1 Air Water Comapny Information
6.4.2 Air Water Business Overview
6.4.3 Air Water Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Air Water Hydrogen Product Portfolio
6.4.5 Air Water Recent Developments
6.5 Taiyo Nippon Sanso
6.5.1 Taiyo Nippon Sanso Comapny Information
6.5.2 Taiyo Nippon Sanso Business Overview
6.5.3 Taiyo Nippon Sanso Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Taiyo Nippon Sanso Hydrogen Product Portfolio
6.5.5 Taiyo Nippon Sanso Recent Developments
6.6 Messer Group
6.6.1 Messer Group Comapny Information
6.6.2 Messer Group Business Overview
6.6.3 Messer Group Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Messer Group Hydrogen Product Portfolio
6.6.5 Messer Group Recent Developments
6.7 Yingde Gases
6.7.1 Yingde Gases Comapny Information
6.7.2 Yingde Gases Business Overview
6.7.3 Yingde Gases Hydrogen Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Yingde Gases Hydrogen Product Portfolio
6.7.5 Yingde Gases Recent Developments
7 North America by Country
7.1 North America Hydrogen Sales by Country
7.1.1 North America Hydrogen Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Hydrogen Sales by Country (2019-2024)
7.1.3 North America Hydrogen Sales Forecast by Country (2025-2030)
7.2 North America Hydrogen Market Size by Country
7.2.1 North America Hydrogen Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Hydrogen Market Size by Country (2019-2024)
7.2.3 North America Hydrogen Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Hydrogen Sales by Country
8.1.1 Europe Hydrogen Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Hydrogen Sales by Country (2019-2024)
8.1.3 Europe Hydrogen Sales Forecast by Country (2025-2030)
8.2 Europe Hydrogen Market Size by Country
8.2.1 Europe Hydrogen Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Hydrogen Market Size by Country (2019-2024)
8.2.3 Europe Hydrogen Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Hydrogen Sales by Country
9.1.1 Asia-Pacific Hydrogen Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Hydrogen Sales by Country (2019-2024)
9.1.3 Asia-Pacific Hydrogen Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Hydrogen Market Size by Country
9.2.1 Asia-Pacific Hydrogen Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Hydrogen Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Hydrogen Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Hydrogen Sales by Country
10.1.1 Latin America Hydrogen Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Hydrogen Sales by Country (2019-2024)
10.1.3 Latin America Hydrogen Sales Forecast by Country (2025-2030)
10.2 Latin America Hydrogen Market Size by Country
10.2.1 Latin America Hydrogen Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Hydrogen Market Size by Country (2019-2024)
10.2.3 Latin America Hydrogen Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Hydrogen Sales by Country
11.1.1 Middle East and Africa Hydrogen Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Hydrogen Sales by Country (2019-2024)
11.1.3 Middle East and Africa Hydrogen Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Hydrogen Market Size by Country
11.2.1 Middle East and Africa Hydrogen Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Hydrogen Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Hydrogen Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Hydrogen Value Chain Analysis
12.1.1 Hydrogen Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Hydrogen Production Mode & Process
12.2 Hydrogen Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Hydrogen Distributors
12.2.3 Hydrogen Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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