Global Hydrogen Market Report By Type (Hydrogen Gas And Liquid Hydrogen), Application (General Industry, Refining, And Metal Working) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026

ID:VMR11210057
January 2020
Report Formats:

The increasing use of hydrogen in petroleum industries to process crude oil into refined fuels, and for eliminating impurities, such as sulfur, from this fuel is driving the growth of the hydrogen market. Also, growing demand from various end-use industries such as metals, glass industry, semiconductor, and chemical will further trigger the growth and growing awareness towards reducing the carbon footprint on earth is further adding impetus growth to the market. However, growing adoption of hydrogen as a fuel in automotive, government initiatives towards clean energy coupled with promoting to use fuel cell electric vehicles (FCEVs) will offer new opportunity growth to the market.

As per the new market study added by Value Market Research, the Global Hydrogen Market was valued USD 140.1 MN (by revenue) in 2017 and is anticipated to reach USD 214.5 MN by 2024 with a CAGR of 6.0%. By volume, the market was estimated at XX.X Billion Cubic Meters in 2017 and is expected to reach XX.X Billion Cubic Meters by 2024 with a CAGR of X.X%.
 
COMPRESSED HYDROGEN IS THE HIGHLY PREFERRED TYPE OF HYDROGEN
Compressed gas is leading the segment owing to the rising application of compressed hydrogen gas in the automotive sector. The segment is expected to reach USD XX.X MN by end of 2024. Basically, it is used in hydrogen pipeline transport and in compressed hydrogen tube trailer transport. Moreover, it is also used for moveable hydrogen storage in hydrogen vehicles. Consequently, transportation is the major sector which is likely to drive the growth of compressed hydrogen gas. Also, rising demand for H2fuel cells for fuelling stations is expected to augment the growth.
 
REFINERY IS THE LARGEST APPLICATION AREA
Currently, hydrogen is of great importance in refining industry for upgrading heavy crude oils into refined fuels, helping to meet increasingly tight transportation fuel specifications and different refining processes such as hydrocracking, hydroisomerization, and hydrodealkylation. The segment is expected to reach USD XX.X MN by end of 2024. The demand for hydrogen in refinery has increased as the demand for diesel fuel has risen both domestically and internationally, and as sulfur-content regulations have become more stringent is likely to drive the growth of the segment.
 
ASIA-PACIFIC EMERGES AS THE LUCRATIVE MARKET FOR HYDROGEN
The Asia-Pacific has planted its dominance in 2017 and expected to maintain its dominance by end of 2024. The Asia-Pacific market is mainly growing on the ground owing to the rising demand for hydrogen-based fuel vehicle in the region. Also, the manufacturer is likely to establish auto fueling stations in the region is another major factor fueling the market growth.
 
COMPETITIVE INSIGHT
Air Liquide, Air Products, Air Water, Linde Industrial Gas, Messer, Praxair, Taiyo Nippon Sanso, and Yingde Gases.

As per this study, the Global Hydrogen Market was valued USD XXX.X MN (by revenue) in 2019 and is anticipated to reach USD XXX.X MN by 2026 with a CAGR of X.X%. By volume, the market was estimated at XXX Billion Cubic Meters in 2019 and is expected to reach XXX Billion Cubic Meters by 2026 with a CAGR of X.X%.
 
Hydrogen (H2) is an element with atomic number 1 and is made up of one proton and one electron. It is a colorless, odorless, tasteless, flammable gaseous substance and the simplest member of the family of chemical elements. It is one of the main element of water and of all organic matter and is widely spread not only in the earth but also in the entire universe. Hydrogen is important for life and is present in all the living organism. It is also considered as a promising source of "clean" energy on earth. It is the most flammable of all the known substances and is slightly soluble in organic solvents than in water.
 
Market Dynamics
 
The increasing use of hydrogen in petroleum industries to process crude oil into refined fuels, and for eliminating impurities, such as sulphur, from this fuel is driving the growth of the hydrogen market. Also, growing demand from various end-use industries such as metals, glass industry, semiconductor, and chemical will further trigger the growth and growing awareness towards reducing the carbon footprint on earth is further adding impetus growth to the market.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of hydrogen.
 
Market Segmentation
 
The broad hydrogen market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Application Market Share 2019

Hydrogen Market By Application

 
By Type

  • Hydrogen Gas
  • Liquid Hydrogen
 
By Application
  • General Industry
  • Refining
  • Metal Working
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for hydrogen in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Hydrogen Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the hydrogen market includes Air Liquide, Air Products, Air Water, Linde Industrial Gas, Messer, Praxair, Taiyo Nippon Sanso, and Yingde Gases. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

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 Hydrogen Market
       2.2. Global Hydrogen Market Snapshot
 
3 . HYDROGEN – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Hydrogen Market
       3.3. Market Restraints of Hydrogen Market
       3.4. Opportunities of Hydrogen Market
       3.5. Trends of Hydrogen Market
       3.6. Porter’s Five Force Analysis of Hydrogen Market
       3.7. Hydrogen Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Type
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Hydrogen Value Chain Analysis
       4.2. Hydrogen Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Hydrogen Raw Material Manufactures List
           4.2.3. Price Trend of Hydrogen 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 IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak on Hydrogen Market
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Hydrogen Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Hydrogen Market Size in 2020, by Scenario
       5.5. COVID-19: Micro and Macro Factor Analysis on Hydrogen Market
 
6 . GLOBAL HYDROGEN MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical Data 2015-2018
       6.3 Global Hydrogen Market Analysis by Type
       6.4 Market Analysis of Hydrogen Gas by Regions
       6.6 Market Analysis of Liquid Hydrogen by Regions
 
7 . GLOBAL HYDROGEN MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical Data 2015-2018
       7.3 Global Hydrogen Market Analysis by Application
       7.4 Market Analysis of General Industry by Regions
       7.5 Market Analysis of Refining by Regions
       7.6 Market Analysis of Metal Working by Regions
 
8 . GLOBAL HYDROGEN MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview and Historic Data
           8.3.2. North America Hydrogen Market Estimate By Market Segment
           8.3.3. North America Hydrogen Market Estimate By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview and Historic Data
           8.4.2. Europe Hydrogen Market Estimate by Market Segment
           8.4.3. Europe Hydrogen Market Estimate by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview and Historic Data
           8.5.2. Asia Pacific Hydrogen Market Estimate by Market Segment
           8.5.3. Asia Pacific Hydrogen Market Estimate by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview and Historic Data
           8.6.2. Latin America Hydrogen Market Estimate by Market Segment
           8.6.3. Latin America Hydrogen Market Estimate by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview and Historic Data
           8.7.2. Middle East & Africa Hydrogen Market Estimate by Market Segment
           8.7.3. Middle East & Africa Hydrogen Market Estimate by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE HYDROGEN COMPANIES
       9.1. Hydrogen Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF HYDROGEN INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Air Liquide
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Air Products
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Air Water
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Linde Industrial Gas
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Messer
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Praxair
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Taiyo Nippon Sanso
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Yingde Gases
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Hydrogen Market Snapshot
  • Drivers of The Global Hydrogen Market Impact Analysis
  • Restraints of The Global Hydrogen Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Hydrogen Market: Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Hydrogen Market Size In 2020, By Scenario
  • COVID-19: Micro and Macro Factor Analysis on Hydrogen Market
  • Global Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Historic Data 2015-2018
  • Global Hydrogen Market Analysis in Hydrogen Gas by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in Liquid Hydrogen by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis by Application (Billion Cubic Meters & USD MN)
  • Historic Data 2015-2018
  • Global Hydrogen Market Analysis in General Industry by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in Refining by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in Metal Working by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in 18 by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in 19 by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in 20 by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market Analysis in 21 by Geography (Billion Cubic Meters & USD MN)
  • Global Hydrogen Market by Geography (Billion Cubic Meters & USD MN)
  • Historic Data 2015-2018
  • North America Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • North America Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • North America Hydrogen Market Estimate by Country (Billion Cubic Meters & USD MN)
  • United State Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • United State Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Canada Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Canada Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Mexico Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Mexico Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Europe Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Europe Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Europe Hydrogen Market Estimate by Country (Billion Cubic Meters & USD MN)
  • United Kingdom Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • United Kingdom Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • France Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • France Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Germany Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Germany Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Italy Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Italy Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Russia Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Russia Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Spain Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Spain Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Rest of Europe Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Rest of Europe Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Asia Pacific Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Asia Pacific Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Asia Pacific Hydrogen Market Estimate by Country (Billion Cubic Meters & USD MN)
  • China Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • China Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Japan Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Japan Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • India Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • India Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • South Korea Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • South Korea Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Australia Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Australia Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Rest of Asia Pacific Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Rest of Asia Pacific Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Latin America Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Latin America Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Latin America Hydrogen Market Estimate by Country (Billion Cubic Meters & USD MN)
  • Brazil Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Brazil Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Argentina Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Argentina Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Peru Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Peru Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Chile Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Chile Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Rest of Latin America Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Rest of Latin America Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Middle East & Africa Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Middle East & Africa Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Middle East & Africa Hydrogen Market Estimate by Country (Billion Cubic Meters & USD MN)
  • Saudi Arabia Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Saudi Arabia Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • UAE Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • UAE Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Israel Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Israel Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • South Africa Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • South Africa Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Rest of Middle East and Africa Hydrogen Market Analysis by Type (Billion Cubic Meters & USD MN)
  • Rest of Middle East and Africa Hydrogen Market Estimate by Application (Billion Cubic Meters & USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of Hydrogen Report
  • Market Research Process
  • Market Research Methodology
  • Global Hydrogen Market Size, by Region (2019)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Type
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Hydrogen Market Analysis by Type
  • Global Hydrogen Market Analysis in Hydrogen Gas by Region
  • Global Hydrogen Market Analysis in Liquid Hydrogen by Region
  • Global Hydrogen Market Analysis by Application
  • Global Hydrogen Market Analysis in General Industry by Region
  • Global Hydrogen Market Analysis in Refining by Region
  • Global Hydrogen Market Analysis in Metal Working by Region
  • Global Hydrogen Market by Volume And Revenue
  • North America Hydrogen Market by Volume And Revenue
  • Europe Hydrogen Market by Volume And Revenue
  • Asia Pacific Hydrogen Market by Volume And Revenue
  • Latin America Hydrogen Market by Volume And Revenue
  • Middle East & Africa Hydrogen Market by Volume And Revenue
  • Recent Development in Hydrogen Industry
  • Company Market Share Analysis, 2019
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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