Global Hydrogen Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hydrogen Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030


Hydrogen is a clean alternative to methane, also known as natural gas. It"s the most abundant chemical element

According to our (Global Info Research) latest study, the global Hydrogen market size was valued at US$ 186890 million in 2023 and is forecast to a readjusted size of USD 209170 million by 2030 with a CAGR of 1.6% during review period.

Global key players of Hydrogen include Linde Group, Sinopec, Air Products, Air Liquide, Taiyo Nippon Sanso, etc. The top five players hold a share about 10%. China is the largest producer, holds a share around 31%, followed by Europe and North America, with share 24% and 15%, separately. The largest market is China, has a share about 30%, followed by Europe and North America, with around 27% and 15% market share respectively.

This report is a detailed and comprehensive analysis for global Hydrogen market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Hydrogen market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Hydrogen market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Hydrogen market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Hydrogen market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hydrogen

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hydrogen market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde Group, Air Liquide, Air Products, Air Water, Taiyo Nippon Sanso, Messer Group, Yinde Gas, Meijin Energy, Donghua Energy, Sinopec, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Hydrogen market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Captive Hydrogen
Merchant Hydrogen

Market segment by Application
Oil Refining
Ammonia Production
Methanol Production
Steel Production
The Fuel Cell
Electronics And Semiconductors
Others

Major players covered
Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yinde Gas
Meijin Energy
Donghua Energy
Sinopec
Huachang Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hydrogen product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hydrogen, with price, sales quantity, revenue, and global market share of Hydrogen from 2019 to 2024.

Chapter 3, the Hydrogen competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hydrogen breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydrogen market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen.

Chapter 14 and 15, to describe Hydrogen sales channel, distributors, customers, research findings and conclusion.


1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Hydrogen Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Captive Hydrogen
1.3.3 Merchant Hydrogen
1.4 Market Analysis by Application
1.4.1 Overview: Global Hydrogen Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Oil Refining
1.4.3 Ammonia Production
1.4.4 Methanol Production
1.4.5 Steel Production
1.4.6 The Fuel Cell
1.4.7 Electronics And Semiconductors
1.4.8 Others
1.5 Global Hydrogen Market Size & Forecast
1.5.1 Global Hydrogen Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Hydrogen Sales Quantity (2019-2030)
1.5.3 Global Hydrogen Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Linde Group
2.1.1 Linde Group Details
2.1.2 Linde Group Major Business
2.1.3 Linde Group Hydrogen Product and Services
2.1.4 Linde Group Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Linde Group Recent Developments/Updates
2.2 Air Liquide
2.2.1 Air Liquide Details
2.2.2 Air Liquide Major Business
2.2.3 Air Liquide Hydrogen Product and Services
2.2.4 Air Liquide Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Air Liquide Recent Developments/Updates
2.3 Air Products
2.3.1 Air Products Details
2.3.2 Air Products Major Business
2.3.3 Air Products Hydrogen Product and Services
2.3.4 Air Products Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Air Products Recent Developments/Updates
2.4 Air Water
2.4.1 Air Water Details
2.4.2 Air Water Major Business
2.4.3 Air Water Hydrogen Product and Services
2.4.4 Air Water Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Air Water Recent Developments/Updates
2.5 Taiyo Nippon Sanso
2.5.1 Taiyo Nippon Sanso Details
2.5.2 Taiyo Nippon Sanso Major Business
2.5.3 Taiyo Nippon Sanso Hydrogen Product and Services
2.5.4 Taiyo Nippon Sanso Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Taiyo Nippon Sanso Recent Developments/Updates
2.6 Messer Group
2.6.1 Messer Group Details
2.6.2 Messer Group Major Business
2.6.3 Messer Group Hydrogen Product and Services
2.6.4 Messer Group Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Messer Group Recent Developments/Updates
2.7 Yinde Gas
2.7.1 Yinde Gas Details
2.7.2 Yinde Gas Major Business
2.7.3 Yinde Gas Hydrogen Product and Services
2.7.4 Yinde Gas Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Yinde Gas Recent Developments/Updates
2.8 Meijin Energy
2.8.1 Meijin Energy Details
2.8.2 Meijin Energy Major Business
2.8.3 Meijin Energy Hydrogen Product and Services
2.8.4 Meijin Energy Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Meijin Energy Recent Developments/Updates
2.9 Donghua Energy
2.9.1 Donghua Energy Details
2.9.2 Donghua Energy Major Business
2.9.3 Donghua Energy Hydrogen Product and Services
2.9.4 Donghua Energy Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Donghua Energy Recent Developments/Updates
2.10 Sinopec
2.10.1 Sinopec Details
2.10.2 Sinopec Major Business
2.10.3 Sinopec Hydrogen Product and Services
2.10.4 Sinopec Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Sinopec Recent Developments/Updates
2.11 Huachang Chemical
2.11.1 Huachang Chemical Details
2.11.2 Huachang Chemical Major Business
2.11.3 Huachang Chemical Hydrogen Product and Services
2.11.4 Huachang Chemical Hydrogen Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Huachang Chemical Recent Developments/Updates
3 Competitive Environment: Hydrogen by Manufacturer
3.1 Global Hydrogen Sales Quantity by Manufacturer (2019-2024)
3.2 Global Hydrogen Revenue by Manufacturer (2019-2024)
3.3 Global Hydrogen Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Hydrogen by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Hydrogen Manufacturer Market Share in 2023
3.4.3 Top 6 Hydrogen Manufacturer Market Share in 2023
3.5 Hydrogen Market: Overall Company Footprint Analysis
3.5.1 Hydrogen Market: Region Footprint
3.5.2 Hydrogen Market: Company Product Type Footprint
3.5.3 Hydrogen Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Hydrogen Market Size by Region
4.1.1 Global Hydrogen Sales Quantity by Region (2019-2030)
4.1.2 Global Hydrogen Consumption Value by Region (2019-2030)
4.1.3 Global Hydrogen Average Price by Region (2019-2030)
4.2 North America Hydrogen Consumption Value (2019-2030)
4.3 Europe Hydrogen Consumption Value (2019-2030)
4.4 Asia-Pacific Hydrogen Consumption Value (2019-2030)
4.5 South America Hydrogen Consumption Value (2019-2030)
4.6 Middle East & Africa Hydrogen Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Hydrogen Sales Quantity by Type (2019-2030)
5.2 Global Hydrogen Consumption Value by Type (2019-2030)
5.3 Global Hydrogen Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Hydrogen Sales Quantity by Application (2019-2030)
6.2 Global Hydrogen Consumption Value by Application (2019-2030)
6.3 Global Hydrogen Average Price by Application (2019-2030)
7 North America
7.1 North America Hydrogen Sales Quantity by Type (2019-2030)
7.2 North America Hydrogen Sales Quantity by Application (2019-2030)
7.3 North America Hydrogen Market Size by Country
7.3.1 North America Hydrogen Sales Quantity by Country (2019-2030)
7.3.2 North America Hydrogen Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Hydrogen Sales Quantity by Type (2019-2030)
8.2 Europe Hydrogen Sales Quantity by Application (2019-2030)
8.3 Europe Hydrogen Market Size by Country
8.3.1 Europe Hydrogen Sales Quantity by Country (2019-2030)
8.3.2 Europe Hydrogen Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Hydrogen Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Hydrogen Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Hydrogen Market Size by Region
9.3.1 Asia-Pacific Hydrogen Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Hydrogen Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 South Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Hydrogen Sales Quantity by Type (2019-2030)
10.2 South America Hydrogen Sales Quantity by Application (2019-2030)
10.3 South America Hydrogen Market Size by Country
10.3.1 South America Hydrogen Sales Quantity by Country (2019-2030)
10.3.2 South America Hydrogen Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Hydrogen Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Hydrogen Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Hydrogen Market Size by Country
11.3.1 Middle East & Africa Hydrogen Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Hydrogen Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Hydrogen Market Drivers
12.2 Hydrogen Market Restraints
12.3 Hydrogen Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Hydrogen and Key Manufacturers
13.2 Manufacturing Costs Percentage of Hydrogen
13.3 Hydrogen Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Hydrogen Typical Distributors
14.3 Hydrogen Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer

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