Global Hydrogen Generation Market Outlook 2027

Report
151 Pages
March 2022
Region: Global
Bonafide Research
ID: 5582231

Hydrogen is a combustible gaseous substance that is colorless, odorless, and tasteless. Hydrogen is the most abundant chemical element in the universe. It occurs naturally on Earth, but not in large (0.00005% in atm) enough quantities to be produced cost-competitively. Hydrogen has the ability to store and distribute useable energy; therefore, it needs to be separated from other elements (Hydrocarbons & Water). In order to obtain pure hydrogen for industrial applications, the commonly three processes by which hydrogen is being produced, i.e. Steam methane reforming, Coal gasification & Electrolysis. As raw materials, natural gas and coal-like fossil fuels are used to get hydrogen. But by this process, the harmful gas for environment i.e. CO2 is produced in a large amount. Recently it is reached around 850-900 million metric tons. The gasification of coal to produce hydrogen is a well-established method that has been used in the chemical and fertilizer industries for decades to produce ammonia.

Hydrogen production using coal produces CO2 emissions of about 19 tCO2 /tH2, which is twice as much as natural gas. The hydrogen produced from SMR & coal gasification is known as grey hydrogen but the produced hydrogen and carbon is captured, stored & utilized is known as blue hydrogen. One of the advanced techniques to generate hydrogen is via ‘electrolysis’ (refers to water electrolysis) without the emission of CO2 into the atmosphere. The produced green hydrogen amount is ignorable compared with others. But it is generated from renewable energy sources like solar & wind and other nuclear resources. The equipment which is used is known as electrolyzer.

Electrolyzers come in a variety of sizes, from small appliances that are ideal for small-scale distributed hydrogen production to large-scale industrial electrolyzers. In a bright future, the cost of green hydrogen will be decreased because of renewable energy sources like solar and wind i.e. the electricity cost would be down. The developing countries around the world are already entered and published their strategy to generate hydrogen via the electrolysis of water. Hence hydrogen generation has exponential growth in the future. The governments are also investing funds for the plants.

According to the report title “Global Hydrogen Generation Market Outlook, 2027”, the market size of the Global Hydrogen Generation Market is expected to grow with a CAGR of around 5.8% in the forecasted year of 2027.

Hydrogen is demanded in a variety of industrial applications, petroleum refineries, power generation, DRI, and transportation. The transportation segment has remarkable future demand as the EVs and Hydrogen fuel cell vehicles are entering the roads. Though the current scenario is different and petroleum refineries consume the highest amount of hydrogen followed by ammonia production.

Asia-pacific is the leader of the hydrogen generation market. As the ell-developing countries like China, Japan & Korea are heavily working related to this field. South Korea is the leader in the automotive fuel cell market contributing 25% market share. Europe has more than 40% of installed electrolyser capacity around the globe followed by Canada & China. The Americas and the Middle East have also started the approach to get the leading the future.

COVID-19 Impact:

The Covid-19 pandemic is wreaking havoc on the world's energy system. Although global carbon emission rate was fallen due to lockdown as the transportation and industries were shut down. The y-o-y growth was not met in 2020 as the lack of raw material supply chain & labor. Due to a drop in commercial activity, demand for hydrogen has dropped dramatically in several areas. Various governments, on the other hand, have chosen a variety of measures to improve the global economy, including international collaborations, supplier diversity, new innovation to reduce the need for particular resources, and circular economy techniques.

Major Companies present in the market:

Hydrogenics Corp (HYGS), Messer Group GmbH, LNI Swissgas SA, McPhy Energy S.A., Linde Plc, Air Products and Chemicals, Inc., Air Liquide, Ally Hi-Tech Co., Limited, INOX-Air Products Inc., Weldstar, Inc.

Considered in this report

Geography: Global
Historic Year: 2016
Base year: 2021
Estimated year: 2022
Forecast year: 2027

Aspects covered in this report

Global Hydrogen Generation Market with its value and forecast along with its segments
Region & country wise Hydrogen Generation market analysis
Application wise Hydrogen Generation distribution
Various drivers and challenges
On-going trends and developments
Top profiled companies
Strategic recommendation

Regions covered in the report

North America
Europe
Asia-Pacific
Latin America
Middle-East & Africa

Technical types of Hydrogen Generation in the report:

Steam Methane Reforming
Coal Gasification
Others (Electrolysis,)

By Application Type in the report:

Methanol Production
Ammonia Production
Petroleum Refinery
Transportation
Power Generation
Others

By System Type in the report:

Captive
Merchant

By System Type in the report:

Natural gas
Coal
Others

By Color Code Type in the report:

Grey hydrogen
Blue hydrogen
Green hydrogen
Brown hydrogen

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chemical industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

This report would help you answer the following questions:

1. At what rate the global Hydrogen Generation market will grow in forecast period?
2. What are the techniques of hydrogen generation?
3. What are the major reasons which lead to demand for Hydrogen Generation?
4. Which application has the highest demand for hydrogen in the market?
5. What is the impact of COVID-19 on the global Hydrogen Generation market?
6. Which system type has huge market share?

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1. Executive Summary2. Report Methodology

3. Market Structure

3.1. Market Considerate
3.2. Market Definition

4. Economic /Demographic Snapshot5. Global Top Natural Gas Producing Countries6. Global Top Coal Producing Countries

7. Global Hydrogen Generation Market Outlook

7.1. Market Size
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share
7.2.1. By Region
7.2.2. By Country
7.2.3. By Technology
7.2.4. By Application
7.2.5. By System Type
7.2.6. By Energy Source
7.2.7. By Color Code

8. North America Hydrogen Generation Market Outlook

8.1. Market Size
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share
8.2.1. By Country
8.2.2. By Technology
8.2.3. By Application
8.3. US Hydrogen Generation Market Outlook
8.3.1. Market Size By Value
8.3.2. Market Share
8.3.2.1. By Technology
8.3.2.2. By Application
8.4. Canada Hydrogen Generation Market Outlook
8.4.1. Market Size By Value
8.4.2. Market Share
8.4.2.1. By Technology
8.4.2.2. By Application
8.5. Mexico Hydrogen Generation Market Outlook
8.5.1. Market Size By Value
8.5.2. Market Share
8.5.2.1. By Technology
8.5.2.2. By Application

9. Europe Hydrogen Generation Market Outlook

9.1. Market Size
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share
9.2.1. By Country
9.2.2. By Technology
9.2.3. By Application
9.3. Germany Hydrogen Generation Market Outlook
9.3.1. Market Size By Value
9.3.2. Market Share
9.3.2.1. By Technology
9.3.2.2. By Application
9.4. UK Hydrogen Generation Market Outlook
9.4.1. Market Size By Value
9.4.2. Market Share
9.4.2.1. By Technology
9.4.2.2. By Application
9.5. France Hydrogen Generation Market Outlook
9.5.1. Market Size By Value
9.5.2. Market Share
9.5.2.1. By Technology
9.5.2.2. By Application
9.6. Italy Hydrogen Generation Market Outlook
9.6.1. Market Size By Value
9.6.2. Market Share
9.6.2.1. By Technology
9.6.2.2. By Application
9.7. Spain Hydrogen Generation Market Outlook
9.7.1. Market Size By Value
9.7.2. Market Share
9.7.2.1. By Technology
9.7.2.2. By Application
9.8. Russia Hydrogen Generation Market Outlook
9.8.1. Market Size By Value
9.8.2. Market Share
9.8.2.1. By Technology
9.8.2.2. By Application

10. Asia-Pacific Hydrogen Generation Market Outlook

10.1. Market Size
10.1.1. By Value
10.1.2. By Volume
10.2. Market Share
10.2.1. By Country
10.2.2. By Technology
10.2.3. By Application
10.3. China Hydrogen Generation Market Outlook
10.3.1. Market Size By Value
10.3.2. Market Share
10.3.2.1. By Technology
10.3.2.2. By Application
10.4. Japan Hydrogen Generation Market Outlook
10.4.1. Market Size By Value
10.4.2. Market Share
10.4.2.1. By Technology
10.4.2.2. By Application
10.5. India Hydrogen Generation Market Outlook
10.5.1. Market Size By Value
10.5.2. Market Share
10.5.2.1. By Technology
10.5.2.2. By Application
10.6. Australia Hydrogen Generation Market Outlook
10.6.1. Market Size By Value
10.6.2. Market Share
10.6.2.1. By Technology
10.6.2.2. By Application
10.7. South Korea Hydrogen Generation Market Outlook
10.7.1. Market Size By Value
10.7.2. Market Share
10.7.2.1. By Technology
10.7.2.2. By Application

11. Latin America Hydrogen Generation Market Outlook

11.1. Market Size
11.1.1. By Value
11.1.2. By Volume
11.2. Market Share
11.2.1. By Country
11.2.2. By Technology
11.2.3. By Application
11.3. Brazil Hydrogen Generation Market Outlook
11.3.1. Market Size By Value
11.3.2. Market Share
11.3.2.1. By Technology
11.3.2.2. By Application
11.4. Argentina Hydrogen Generation Market Outlook
11.4.1. Market Size By Value
11.4.2. Market Share
11.4.2.1. By Technology
11.4.2.2. By Application
11.5. Colombia Hydrogen Generation Market Outlook
11.5.1. Market Size By Value
11.5.2. Market Share
11.5.2.1. By Technology
11.5.2.2. By Application

12. Middle East & Africa Hydrogen Generation Market Outlook

12.1. Market Size
12.1.1. By Value
12.1.2. By Volume
12.2. Market Share
12.2.1. By Country
12.2.2. By Technology
12.2.3. By Application
12.3. UAE Hydrogen Generation Market Outlook
12.3.1. Market Size By Value
12.3.2. Market Share
12.3.2.1. By Technology
12.3.2.2. By Application
12.4. Saudi Arabia Hydrogen Generation Market Outlook
12.4.1. Market Size By Value
12.4.2. Market Share
12.4.2.1. By Technology
12.4.2.2. By Application
12.5. South Africa Hydrogen Generation Market Outlook
12.5.1. Market Size By Value
12.5.2. Market Share
12.5.2.1. By Technology
12.5.2.2. By Application

13. Market Dynamics

13.1. Key Drivers
13.2. Key Challenges

14. Market Trends and Developments

15. Company Profiles

15.1. Hydrogenics Corp (HYGS)
15.2. Messer Group GmbH
15.3. LNI Swissgas SA
15.4. McPhy Energy S.A.
15.5. Linde Plc
15.6. Air Products and Chemicals, Inc.
15.7. Air Liquide
15.8. Ally Hi-Tech Co.,Limited
15.9. INOX-Air Products Inc.
15.10. Weldstar, Inc.

16. Strategic Recommendations17. Disclaimer

List of Figures

Figure 1: Global Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 2: Global Hydrogen Generation Market Size By Volume 2016 to 2027F (In MMT-million metric tonnes)
Figure 3: Global Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 4: Global Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 5: Global Hydrogen Generation Market Share By Volume By System Type (2016, 2021 & 2027F)
Figure 6: Global Hydrogen Generation Market Share By Volume By Energy Source (2016, 2021 & 2027F)
Figure 7: Global Hydrogen Generation Market Share By Volume By Color Code Type (2016, 2021 & 2027F)
Figure 8: North America Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 9: North America Hydrogen Generation Market Size By Volume 2016 to 2027F (In MMT-million metric tonnes)
Figure 10: North America Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 11: North America Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 12: US Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 13: US Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 14: US Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 15: Canada Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 16: Canada Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 17: Canada Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 18: Mexico Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 19: Mexico Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 20: Mexico Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 21: Europe Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 22: Europe Hydrogen Generation Market Size By Volume 2016 to 2027F (In MMT-million metric tonnes)
Figure 23: Europe Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 24: Europe Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 25: Germany Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 26: Germany Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 27: Germany Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 28: UK Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 29: UK Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 30: UK Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 31: France Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 32: France Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 33: France Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 34: Italy Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 35: Italy Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 36: Italy Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 37: Spain Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 38: Spain Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 39: Spain Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 40: Russia Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 41: Russia Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 42: Russia Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 43: Asia-Pacific Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 44: Asia-Pacific Hydrogen Generation Market Size By Volume 2016 to 2027F (In MMT-million metric tonnes)
Figure 45: Asia-Pacific Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 46: Asia-Pacific Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 47: China Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 48: China Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 49: China Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 50: Japan Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 51: Japan Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 52: Japan Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 53: India Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 54: India Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 55: India Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 56: Australia Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 57: Australia Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 58: Australia Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 59: South Korea Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 60: South Korea Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 61: South Korea Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 62: Latin America Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 63: Latin America Hydrogen Generation Market Size By Volume 2016 to 2027F (In MMT-million metric tonnes)
Figure 64: Latin America Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 65: Latin America Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 66: Brazil Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 67: Brazil Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 68: Brazil Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 69: Argentina Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 70: Argentina Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 71: Argentina Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 72: Colombia Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 73: Colombia Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 74: Colombia Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 75: Middle East & Africa Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 76: Middle East & Africa Hydrogen Generation Market Size By Volume 2016 to 2027F (In MMT-million metric tonnes)
Figure 77: Middle East & Africa Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 78: Middle East & Africa Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 79: UAE Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 80: UAE Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 81: UAE Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 82: Saudi Arabia Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 83: Saudi Arebia Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 84: Saudi Arabia Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 85: South Africa Hydrogen Generation Market Size By Value 2016 to 2027F (In USD Billion)
Figure 86: South Africa Hydrogen Generation Market Share By Volume By Technology (2016, 2021 & 2027F)
Figure 87: South Africa Hydrogen Generation Market Share By Volume By Application (2016, 2021 & 2027F)
Figure 88: Market Attractiveness Index, 2021
Figure 89: Market Attractiveness Index, 2027F

List of Tables

Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Natural Gas Producing Countries (2021) (In billion cubic meters)
Table 5: Global Coal Producing Countries (2021) (In million tonnes)
Table 6: Global Hydrogen Generation Market Share By Volume By Region (2016, 2021 & 2027F)
Table 7: Global Hydrogen Generation Market Share By Volume By Country
Table 8: North America Hydrogen Generation Market Share By Volume By Country (2016, 2021 & 2027F)
Table 9: Europe Hydrogen Generation Market Share By Volume By Country (2016, 2021 & 2027F)
Table 10: Asia-Pacific Hydrogen Generation Market Share By Volume By Country (2016, 2021 & 2027F)
Table 11: Latin America Hydrogen Generation Market Share By Volume By Country (2016, 2021 & 2027F)
Table 12: Middle East & Africa Hydrogen Generation Market Share By Volume By Country (2016, 2021 & 2027F)
Table 13: Key Facts of Hydrogenics Corp (HYGS)
Table 14: Key Facts of Messer Group GmbH
Table 15: Key Facts of LNI Swissgas SA
Table 16: Key Facts of McPhy Energy S.A.
Table 17: Key Facts of Linde Plc
Table 18: Key Facts of Air Products and Chemicals, Inc.
Table 19: Key Facts of Air Liquide
Table 20: Key Facts of Ally Hi-Tech Co.,Limited
Table 21: Key Facts of INOX-Air Products Inc.
Table 22: Key Facts of Weldstar, Inc.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Hydrogenics Corp (HYGS)
Messer Group GmbH
LNI Swissgas SA
McPhy Energy S.A.
Linde Plc
Air Products and Chemicals, Inc.
Air Liquide
Ally Hi-Tech Co.,Limited
INOX-Air Products Inc.
Weldstar, Inc.

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COVID-19 Impact:

Major Companies present in the market:

Considered in this report

Aspects covered in this report

Regions covered in the report

Technical types of Hydrogen Generation in the report:

By Application Type in the report:

By System Type in the report:

By System Type in the report:

By Color Code Type in the report:

The approach of the report:

Intended audience

This report would help you answer the following questions:

Table of Contents

Companies Mentioned (Partial List)

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