Middle East and Africa (MEA) Hydrogen Market Size and Analysis by Application Areas, Upcoming Projects, Policies and Key Players, 2023-2030

Middle East and Africa (MEA) Hydrogen Market Size and Analysis by Application Areas, Upcoming Projects, Policies and Key Players, 2023-2030

Summary

The Middle East and Africa has ample low-cost land, proximity to growing hydrogen markets, high solar resources, and existing industrial capacity, an excellent set up for becoming a strong green hydrogen producer and exporter. Additionally, low costs in natural gas allows the region to include CCUS in their current facilities and become leaders in developing blue hydrogen at lower and competitive costs. Some of the current facilities in the region as refineries steel factories and petrochemicals factories, are suitable for retrofitting with CCS.

Middle East and Africa’s need to accelerate transition strategies across sectors as a way to achieve climate global goals, have positioned hydrogen development as a major solution to accomplish the targets.

The region is positioned now as rising economy with upcoming capacity, having ambitious plans for exporting green hydrogen and support green ammonia production.

The MEA currently exports a significant amount of LNG, making it possible to repeat this success with hydrogen exports. While domestic hydrogen economies will emerge eventually, initial large-scale production will be focused on exports, especially to Europe and Asia. African hydrogen is well-positioned for export to Europe - some natural gas pipelines already exist between North Africa and Europe. Middle East countries may focus on both the European and Asian markets.

Scope

• Hydrogen country market analysis
• Total upcoming capacity and 2030 market size scenarios, highlighting recently announced projects by capacity.
• Demand across different application sectors .
• National and regional policy support and financial incentives

• Identify the market trends within the country and key players in hydrogen technologies.
• Develop market insight of current, in development and announced capacity and latest trends of the sector.
• Understand the country's different scenarios for 2030 based on the likeliness of the projects.
• Look at the demand in key application areas for the country.
• Facilitate the understanding on how and where the market is growing as it is rapidly scaling up to position as one of the main topics of the international and national agenda.