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 . GLOBAL HYDROGEN MARKET ANALYSIS BY TYPE
       5.1 Overview by Type
       5.2 Global Hydrogen Market Analysis by Type
       5.3 Market Analysis of Hydrogen Gas by Regions
       5.4 Market Analysis of Liquid Hydrogen by Regions
 
6 . GLOBAL HYDROGEN MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Hydrogen Market Analysis by Application
       6.3 Market Analysis of General Industry by Regions
       6.4 Market Analysis of Refining by Regions
       6.5 Market Analysis of Metal Working by Regions
 
7 . GLOBAL HYDROGEN MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Hydrogen Market Estimate by Market Segment
           7.3.3. North America Hydrogen Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Hydrogen Market Estimate by Market Segment
           7.4.3. Europe Hydrogen Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Hydrogen Market Estimate by Market Segment
           7.5.3. Asia Pacific Hydrogen Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Hydrogen Market Estimate by Market Segment
           7.6.3. Latin America Hydrogen Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Hydrogen Market Estimate by Market Segment
           7.7.3. Middle East & Africa Hydrogen Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE HYDROGEN COMPANIES
       8.1. Hydrogen Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF HYDROGEN INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Air Liquide
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Air Products
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Air Water
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Linde Industrial Gas
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Messer
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Praxair
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Taiyo Nippon Sanso
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Yingde Gases
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. 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
  •  Global Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis by Type (USD MN)
  •  Global Hydrogen Market Analysis in Hydrogen Gas by Geography (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis in Hydrogen Gas by Geography (USD MN)
  •  Global Hydrogen Market Analysis in Liquid Hydrogen by Geography (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis in Liquid Hydrogen by Geography (USD MN)
  •  Global Hydrogen Market Analysis by Application (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis by Application (USD MN)
  •  Global Hydrogen Market Analysis in General Industry by Geography (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis in General Industry by Geography (USD MN)
  •  Global Hydrogen Market Analysis in Refining by Geography (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis in Refining by Geography (USD MN)
  •  Global Hydrogen Market Analysis in Metal Working by Geography (Billion Cubic Meters)
  •  Global Hydrogen Market Analysis in Metal Working by Geography (USD MN)
  •  Global Hydrogen Market by Geography (Billion Cubic Meters)
  •  Global Hydrogen Market by Geography (USD MN)
  •  North America Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  North America Hydrogen Market Analysis by Type (USD MN)
  •  North America Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  North America Hydrogen Market Estimate by Application (USD MN)
  •  North America Hydrogen Market Estimate by Country (Billion Cubic Meters)
  •  North America Hydrogen Market Estimate by Country (USD MN)
  •  United State Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  United State Hydrogen Market Analysis by Type (USD MN)
  •  United State Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  United State Hydrogen Market Estimate by Application (USD MN)
  •  Rest of North America Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Rest of North America Hydrogen Market Analysis by Type (USD MN)
  •  Rest of North America Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Rest of North America Hydrogen Market Estimate by Application (USD MN)
  •  Europe Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Europe Hydrogen Market Analysis by Type (USD MN)
  •  Europe Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Europe Hydrogen Market Estimate by Application (USD MN)
  •  Europe Hydrogen Market Estimate by Country (Billion Cubic Meters)
  •  Europe Hydrogen Market Estimate by Country (USD MN)
  •  United Kingdom Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  United Kingdom Hydrogen Market Analysis by Type (USD MN)
  •  United Kingdom Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  United Kingdom Hydrogen Market Estimate by Application (USD MN)
  •  France Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  France Hydrogen Market Analysis by Type (USD MN)
  •  France Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  France Hydrogen Market Estimate by Application (USD MN)
  •  Germany Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Germany Hydrogen Market Analysis by Type (USD MN)
  •  Germany Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Germany Hydrogen Market Estimate by Application (USD MN)
  •  Rest of Europe Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Rest of Europe Hydrogen Market Analysis by Type (USD MN)
  •  Rest of Europe Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Rest of Europe Hydrogen Market Estimate by Application (USD MN)
  •  Asia Pacific Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Asia Pacific Hydrogen Market Analysis by Type (USD MN)
  •  Asia Pacific Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Asia Pacific Hydrogen Market Estimate by Application (USD MN)
  •  Asia Pacific Hydrogen Market Estimate by Country (Billion Cubic Meters)
  •  Asia Pacific Hydrogen Market Estimate by Country (USD MN)
  •  China Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  China Hydrogen Market Analysis by Type (USD MN)
  •  China Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  China Hydrogen Market Estimate by Application (USD MN)
  •  Japan Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Japan Hydrogen Market Analysis by Type (USD MN)
  •  Japan Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Japan Hydrogen Market Estimate by Application (USD MN)
  •  India Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  India Hydrogen Market Analysis by Type (USD MN)
  •  India Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  India Hydrogen Market Estimate by Application (USD MN)
  •  Rest of Asia Pacific Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Rest of Asia Pacific Hydrogen Market Analysis by Type (USD MN)
  •  Rest of Asia Pacific Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Rest of Asia Pacific Hydrogen Market Estimate by Application (USD MN)
  •  Latin America Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Latin America Hydrogen Market Analysis by Type (USD MN)
  •  Latin America Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Latin America Hydrogen Market Estimate by Application (USD MN)
  •  Latin America Hydrogen Market Estimate by Country (Billion Cubic Meters)
  •  Latin America Hydrogen Market Estimate by Country (USD MN)
  •  Brazil Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Brazil Hydrogen Market Analysis by Type (USD MN)
  •  Brazil Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Brazil Hydrogen Market Estimate by Application (USD MN)
  •  Rest of Latin America Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Rest of Latin America Hydrogen Market Analysis by Type (USD MN)
  •  Rest of Latin America Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Rest of Latin America Hydrogen Market Estimate by Application (USD MN)
  •  Middle East & Africa Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Middle East & Africa Hydrogen Market Analysis by Type (USD MN)
  •  Middle East & Africa Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Middle East & Africa Hydrogen Market Estimate by Application (USD MN)
  •  Middle East & Africa Hydrogen Market Estimate by Country (Billion Cubic Meters)
  •  Middle East & Africa Hydrogen Market Estimate by Country (USD MN)
  •  Middle East Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Middle East Hydrogen Market Analysis by Type (USD MN)
  •  Middle East Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Middle East Hydrogen Market Estimate by Application (USD MN)
  •  Africa Hydrogen Market Analysis by Type (Billion Cubic Meters)
  •  Africa Hydrogen Market Analysis by Type (USD MN)
  •  Africa Hydrogen Market Estimate by Application (Billion Cubic Meters)
  •  Africa Hydrogen Market Estimate by Application (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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