The global demand for Grey Hydrogen Market is presumed to reach the market size of nearly USD 164.66 BN by 2030 from USD 136.2 BN in 2022 with a CAGR of 2.4% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
Grey hydrogen is hydrogen produced from natural gas through steam methane reforming (SMR) without carbon capture, leading to the release of carbon dioxide (CO2) emissions into the atmosphere. The grey hydrogen market has been primarily driven by cost-effectiveness, as SMR is a relatively inexpensive method due to the abundance and low cost of natural gas. Additionally, existing infrastructure and reliability have contributed to its popularity in energy-intensive industries such as ammonia and methanol production. Government policies and the lack of sufficient incentives for green hydrogen adoption also play a role in sustaining the demand for grey hydrogen. However, as the focus on decarbonization intensifies, the grey hydrogen market may face challenges from more sustainable alternatives like green hydrogen, produced through electrolysis with renewable energy, and blue hydrogen, which involves capturing and storing CO2 emissions from SMR.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of grey hydrogen. The growth and trends of Grey Hydrogen Industry provide a holistic approach to this study.
This section of the grey hydrogen market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
By Technology
By End User
This section covers the regional outlook, which accentuates current and future demand for the Grey Hydrogen market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the grey hydrogen market include Linde plc, Air Liquide S.A., Cummins Inc., Uniper SE, Nel ASA, Siemens AG, ITM Power, Iberdrola, McPhy Energy S.A., Messer, Orsted A/S, ThyssenKrupp, Iwatani Corporation, Xebec Adsorption Inc., Ally Hi-Tech Co. Ltd., Electrochaea GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . GREY HYDROGEN – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Source
3.7.2 Market Attractiveness Analysis By Technology
3.7.3 Market Attractiveness Analysis By End User
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL GREY HYDROGEN MARKET ANALYSIS BY SOURCE
5.1 Overview by Source
5.2 Historical and Forecast Data
5.3 Analysis by Source
5.4 Natural Gas Historic and Forecast Sales by Regions
5.5 Coal Historic and Forecast Sales by Regions
6 . GLOBAL GREY HYDROGEN MARKET ANALYSIS BY TECHNOLOGY
6.1 Overview by Technology
6.2 Historical and Forecast Data
6.3 Analysis by Technology
6.4 Steam Methane Reforming Historic and Forecast Sales by Regions
6.5 Coal Gasification Historic and Forecast Sales by Regions
7 . GLOBAL GREY HYDROGEN MARKET ANALYSIS BY END USER
7.1 Overview by End User