Hydrogen Market, By Production Source (Natural gas, Coal, Other hydrocarbons, Electrolysis & other sources), By Application (Refineries, Ammonia, Methanol & Other Chemicals, Metals & Fabrication, Electronics, Food & Beverage, Glass & Ceramics, Others), By Mode of Delivery (Merchant, Captive), By Region (North America ,Latin America ,Europe ,Middle East & Africa ,Asia Pacific) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Hydrogen fuel is simply a zero emission fuel burning with oxygen; as such it is produced in a completely zero carbon manner. It can easily be utilized in internal combustion engines or fuel cells. This type of fuel has no pollutants and no carbon emissions associated with it. Hydrogen is also very easy to manage and handle. The main reason for the rising popularity of hydrogen is because it is an abundant source of energy that can easily be harnessed by our vehicles. Even though there are several other fuels that are much more abundant in terms of volume and use, it still cannot be compared to hydrogen in terms of its availability.
Market Dynamics:
Increasing production of hydrogen is expected to propel growth of the global hydrogen market over the forecast period. For instance, in August 2021, Linde signed a long-term agreement with Infineon Technologies for the on-site production and storage of high-purity green hydrogen. The agreement also involves the supply of other industrial gases.
The global hydrogen market is witnessing rise in prices of products. For instance, from October 2021, or as contracts permit, Air Products announced to increase product pricing, monthly service charges, and surcharges for liquid and bulk industrial gas products for merchant customers in North America.
Key features of the study:
This report provides in-depth analysis of the global hydrogen market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hydrogen market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Linde AG, Air Products & Chemicals, Inc., Praxair, Inc., Air Liquide SA, and Airgas Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global hydrogen market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydrogen market
Detailed Segmentation:
Global Hydrogen Market, By Production Source:
Natural gas
Coal
Other Hydrocarbons
Electrolysis & other sources
Global Hydrogen Market, By Application :
Refineries
Ammonia
Methanol and other Chemicals
Metals & Fabrication
Electronics
Food & Beverages
Glass & Ceramics
Others
Global Hydrogen Market, By Mode Of Delivery:
Merchant
Captive
Global Hydrogen Market, By Region:
North America
North America Hydrogen Market, By Production Sources:
Natural gas
Coal
Other Hydrocarbons
Electrolysis & other sources
North America Hydrogen Market, By Application :
Refineries
Ammonia
Methanol and other Chemicals
Metals & Fabrication
Electronics
Food & Beverages
Glass & Ceramics
Others
North America Hydrogen Market, By Mode of Delivery:
Merchant
Captive
Latin America
Latin America Hydrogen Market, By Production Sources:
Natural gas
Coal
Other Hydrocarbons
Electrolysis & other sources
Latin America Hydrogen Market, By Application :
Refineries
Ammonia
Methanol and other Chemicals
Metals & Fabrication
Electronics
Food & Beverages
Glass & Ceramics
Others
Latin America Hydrogen Market, By Mode of Delivery:
Merchant
Captive
Europe
Europe Hydrogen Market, By Production Sources:
Natural gas
Coal
Other Hydrocarbons
Electrolysis & other sources
Europe Hydrogen Market, By Application :
Refineries
Ammonia
Methanol and other Chemicals
Metals & Fabrication
Electronics
Food & Beverages
Glass & Ceramics
Others
Europe Hydrogen Market, By Mode of Delivery:
Merchant
Captive
Middle East & Africa
Middle East & Africa Hydrogen Market, By Production Sources:
Natural gas
Coal
Other Hydrocarbons
Electrolysis & other sources
Middle East & Africa Hydrogen Market, By Application :
Refineries
Ammonia
Methanol and other Chemicals
Metals & Fabrication
Electronics
Food & Beverages
Glass & Ceramics
Others
Middle East & Africa Hydrogen Market, By Mode of Delivery:
Merchant
Captive
Asia Pacific
Asia Pacific Hydrogen Market, By Production Sources:
Natural gas
Coal
Other Hydrocarbons
Electrolysis & other sources
Asia Pacific Hydrogen Market, By Application :
Refineries
Ammonia
Methanol and other Chemicals
Metals & Fabrication
Electronics
Food & Beverages
Glass & Ceramics
Others
Asia Pacific Hydrogen Market, By Mode of Delivery:
Merchant
Captive
Company Profiles
Linde AG
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
Praxair, Inc.
Air Products & Chemicals Inc.
Air Liquide SA
Airgas Inc.
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook