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Hydrogen Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323081
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Air Liquide S.A.
  • Caloric Anlagenbau
  • Hydrogenics Corporation
  • Iwatani Corporation
  • Messer Group GmbH
  • Nuvera Fuel Cells
Hydrogen Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global hydrogen market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the hydrogen? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Hydrogen market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider hydrogen market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The hydrogen market section of the report gives context. It compares the hydrogen market with other segments of the hydrogen market by size and growth, historic and forecast.

Scope

Markets Covered:

1) By Mode of Distribution: Pipeline; High-Pressure Tube Trailers; Cylinders 2) By End Use: Chemicals; Aerospace and Automotive; Energy; Refining; Glass; Welding and Metal Fabrication; Others 3) By Application: Chemical; Refinery; Metal processing; Others

Companies Mentioned: Praxair, Inc.; Air Liquide S.A.; Air Products and Chemicals, Inc.; INOX Air Products Ltd.; Iwatani Corporation

Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Frequently Asked Questions about the Global Hydrogen Market

What is the estimated value of the Global Hydrogen Market?

The Global Hydrogen Market was estimated to be valued at $10.3 billion in 2021.

What is the growth rate of the Global Hydrogen Market?

The growth rate of the Global Hydrogen Market is 3.5%, with an estimated value of $11.8 billion by 2025.

What is the forecasted size of the Global Hydrogen Market?

The Global Hydrogen Market is estimated to be worth $11.8 billion by 2025.

Who are the key companies in the Global Hydrogen Market?

Key companies in the Global Hydrogen Market include Praxair, Inc., Air Liquide S.A., Air Products and Chemicals, Inc., INOX Air Products Ltd., Iwatani Corporation, Hydrogenics Corporation, Linde AG, Messer Group GmbH and Taiyo Nippon Sanso Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Air Liquide S.A.
  • Caloric Anlagenbau
  • Hydrogenics Corporation
  • Iwatani Corporation
  • Messer Group GmbH
  • Nuvera Fuel Cells

1. Executive Summary2. Hydrogen Market Characteristics3. Hydrogen Market Trends and Strategies4. Impact of COVID-19 on Hydrogen
5. Hydrogen Market Size and Growth
5.1. Global Hydrogen Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Hydrogen Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Hydrogen Market Segmentation
6.1. Global Hydrogen Market, Segmentation by Mode of Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Pipeline
  • High-Pressure Tube Trailers
  • Cylinders
6.2. Global Hydrogen Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Chemicals
  • Aerospace and Automotive
  • Energy
  • Refining
  • Glass
  • Welding and Metal Fabrication
  • Others
6.3. Global Hydrogen Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Chemical
  • Refinery
  • Metal processing
  • Others

7. Hydrogen Market Regional and Country Analysis
7.1. Global Hydrogen Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Hydrogen Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Hydrogen Market
8.1. Asia-Pacific Hydrogen Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Hydrogen Market
9.1. China Hydrogen Market Overview
9.2. China Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Hydrogen Market
10.1. India Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Hydrogen Market
11.1. Japan Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Hydrogen Market
12.1. Australia Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Hydrogen Market
13.1. Indonesia Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Hydrogen Market
14.1. South Korea Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Hydrogen Market
15.1. Western Europe Hydrogen Market Overview
15.2. Western Europe Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Hydrogen Market
16.1. UK Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Hydrogen Market
17.1. Germany Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Hydrogen Market
18.3. France Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Hydrogen Market
19.1. Eastern Europe Hydrogen Market Overview
19.2. Eastern Europe Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Hydrogen Market
20.1. Russia Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Hydrogen Market
21.1. North America Hydrogen Market Overview
21.2. North America Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Hydrogen Market
22.1. USA Hydrogen Market Overview
22.2. USA Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Hydrogen Market
23.1. South America Hydrogen Market Overview
23.2. South America Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Hydrogen Market
24.1. Brazil Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Hydrogen Market
25.1. Middle East Hydrogen Market Overview
25.2. Middle East Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Hydrogen Market
26.1. Africa Hydrogen Market Overview
26.2. Africa Hydrogen Market, Segmentation by Distribution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Hydrogen Market Competitive Landscape and Company Profiles
27.1. Hydrogen Market Competitive Landscape
27.2. Hydrogen Market Company Profiles
27.2.1. Praxair, Inc.
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Air Liquide S.A.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Air Products and Chemicals, Inc.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. INOX Air Products Ltd.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Iwatani Corporation
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Hydrogen Market29. Hydrogen Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Air Liquide S.A.
  • Caloric Anlagenbau
  • Hydrogenics Corporation
  • Iwatani Corporation
  • Messer Group GmbH
  • Nuvera Fuel Cells
Major players in the hydrogen market are Praxair, Inc., Air Liquide S.A., Air Products and Chemicals, Inc., INOX Air Products Ltd., Iwatani Corporation, Hydrogenics Corporation, Linde AG, Messer Group GmbH, Nuvera Fuel Cells and Taiyo Nippon Sanso Corporation

The global hydrogen market is expected to grow from $9.85 billion in 2020 to $10.28 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.79 billion in 2025 at a CAGR of 3%.

The hydrogen market consists of sales of hydrogen and its related services for industrial and other purposes. Hydrogen is produced as a by-product of industrial chlorine production by electrolysis. Although it requires expensive technologies, hydrogen can be cooled, compressed and purified for use in other processes on site or sold to a customer via pipeline, cylinders or trucks.

New developments are taking place in healthcare with increasing emphasis on a healthier, better quality of life. Industrial gases such as hydrogen is being prepared for clinical use in pharmaceutical-based products. Hospitals such as St. Francis and VA Loma Linda have already an installed capacity of hydrogen plants for power generation process. Treatments and drug developments using induced pluripotent stem cells (IPS) will bring new added value to the industry through the application of systems using gases. This is indispensable for the cultivation and preservation of cells and tissues and is driving the demand for high grade industrial gases.

During the forecast period, high transportation and storage costs of hydrogen are expected to restrain the hydrogen market. Hydrogen is not just the smallest element on earth, it is also the lightest—as a point of comparison, the mass one gallon of gasoline is approximately 2.75 kgs where one gallon of hydrogen has a mass of only 0.00075 kg (at 1 atm pressure and 0°C). In order to transport large amounts of hydrogen it must be either pressurized and delivered as a compressed gas, or liquefied. Where the hydrogen is produced can have a big impact on the cost and best method of delivery and its broad flammability range relative to hydrocarbons. Hydrogen is transported from the point of production to the point of use via pipeline, over the road in cryogenic liquid tanker trucks or gaseous tube trailers, or by rail or barge. These factors are expected to have a negative impact on the hydrogen market.

The hydrogen market covered in this report is segmented by mode of distribution into pipeline, high-pressure tube trailers, cylinders. It is also segmented By end use into chemicals, aerospace and automotive, energy, refining, glass, welding and metal fabrication, others

Hydrogen manufacturing companies have started adopting a technology of manufacturing hydrogen from sewage. Hydrogen gas can be manufactured from sewage sludge for use in the chemicals, fertilizers, transportation and manufacturing industries. In this process, the weight of the sewage sludge is reduced by means of dehydration followed by incineration, melting, composting, and drying. This process can be used to produce hydrogen in a large scale for supply to the manufacturing and transportation industries. Companies such as Fuel Cell Energy and Graforce Hydro are investing in this technology. Los Angeles Fuel Cell Energy Inc. is one of hydrogen manufacturers which operates the world’s largest “tri-generation plant” that converts sewage into electrical power and renewable hydrogen for transportation fuel.

In August 2018, PAG, a Hong-Kong based private equity firm, acquired a 51% majority stake in Baosteel Gases for $610 million. Baosteel Gases is a Chinese provider of industrial gases, with businesses in cryogenic air separation plants (ASUs), synthetic gases, hydrogen, clean energy gases, and packaged gases.
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A selection of companies mentioned in this report includes:

  • Praxair, Inc.
  • Air Liquide S.A.
  • Air Products and Chemicals, Inc.
  • INOX Air Products Ltd.
  • Iwatani Corporation
  • Hydrogenics Corporation
  • Linde AG
  • Messer Group GmbH
  • Nuvera Fuel Cells
  • Taiyo Nippon Sanso Corporation
  • Caloric Anlagenbau
  • Xebec Adsorption
  • Showa Denko K.K. (SDK)
  • Nel ASA
  • Plug Power
  • Ally Hitech Co. Ltd
  • Gulf Cryo
  • Teledyne Technologies
Note: Product cover images may vary from those shown

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