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Hydrogen Market, By Production Source, By Application, By Mode of Delivery, By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Publisher Coherent Market Insights
Published Mar 21, 2025
Length 150 Pages
SKU # CMI20004700

Description

Hydrogen fuel is simply a zero-emission fuel burning with oxygen; as such it is produced in a completely zero-carbon manner. It can easily be utilized in internal combustion engines or fuel cells. This type of fuel has no pollutants and no carbon emissions associated with it. Hydrogen is also very easy to manage and handle. The main reason for the rising popularity of hydrogen is that it is an abundant source of energy that can easily be harnessed by vehicles. Even though there are several other fuels that are much more abundant in terms of volume and use, they still cannot be compared to hydrogen in terms of availability.

Market Dynamics:

The increasing production of hydrogen is expected to propel the global hydrogen market growth over the forecast period. For instance, in August 2021, Linde signed a long-term agreement with Infineon Technologies for the on-site production and storage of high-purity green hydrogen. The agreement also involves the supply of other industrial gases.

The global hydrogen market is witnessing a rise in the prices of products. For instance, from October 2021, or as contracts permit, Air Products announced to increase product pricing, monthly service charges, and surcharges for liquid and bulk industrial gas products for merchant customers in North America.

Key features of the study:
  • This report provides an in-depth analysis of the global hydrogen market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global hydrogen market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Linde AG, Air Products & Chemicals, Inc., Praxair, Inc., Air Liquide SA, and Airgas Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global hydrogen market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydrogen market
Detailed Segmentation:
  • Global Hydrogen Market, By Production Source:
  • Natural gas
  • Coal
  • Other Hydrocarbons
  • Electrolysis & other sources
  • Global Hydrogen Market, By Application :
  • Refineries
  • Ammonia
  • Methanol and other Chemicals
  • Metals & Fabrication
  • Electronics
  • Food & Beverages
  • Glass & Ceramics
  • Others
  • Global Hydrogen Market, By Mode Of Delivery:
  • Merchant
  • Captive
  • Global Hydrogen Market, By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa
  • Company Profiles
  • Linde AG
  • Praxair, Inc.
  • Air Products & Chemicals Inc.
  • Air Liquide SA
  • Airgas Inc.

Table of Contents

150 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Production Source
Market Snippet, By Application
Market Snippet, By Mode of Delivery
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Hydrogen Market - Impact of Coronavirus (Covid-19) Pandemic
Overview
Factors Affecting Global Hydrogen Market – COVID-19
Impact Analysis
5. Global Hydrogen Market, By Production Source, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Natural Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Coal
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Other Hydrocarbons
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Electrolysis & Other sources
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
6. Global Hydrogen Market, By Application, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Refineries
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Ammonia
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Methanol & other chemicals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Metals & Fabrication
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Electronics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Food & Beverages
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Glass & Ceramics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
7. Global Hydrogen Market, By Mode of Delivery, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Merchant
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Captive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
8. Global Hydrogen Market, By Region, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020-2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2025 – 2032
Market Share Analysis, By Production Sources, 2025, 2028 and 2032 (%)
Market Share Analysis, By Application, 2025, 2028 and 2032 (%)
Market Share Analysis, By Mode of Delivery, 2025, 2028 and 2032 (%)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2025 – 2032
Market Share Analysis, By Production Sources, 2025, 2028 and 2032 (%)
Market Share Analysis, By Application, 2025, 2028 and 2032 (%)
Market Share Analysis, By Mode of Delivery, 2025, 2028 and 2032 (%)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2025 – 2032
Market Share Analysis, By Production Sources, 2025, 2028 and 2032 (%)
Market Share Analysis, By Application, 2025, 2028 and 2032 (%)
Market Share Analysis, By Mode of Delivery, 2025, 2028 and 2032 (%)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2025 – 2032
Market Share Analysis, By Production Sources, 2025, 2028 and 2032 (%)
Market Share Analysis, By Application, 2025, 2028 and 2032 (%)
Market Share Analysis, By Mode of Delivery, 2025, 2028 and 2032 (%)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2025 – 2032
Market Share Analysis, By Production Sources, 2025, 2028 and 2032 (%)
Market Share Analysis, By Application, 2025, 2028 and 2032 (%)
Market Share Analysis, By Mode of Delivery, 2025, 2028 and 2032 (%)
Sub-Regions
Middle East
Africa
9. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Linde AG
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Air Products & Chemicals Inc.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Praxair, Inc.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Air Liquide SA
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Airgas Inc.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
10. Section
References
Research Methodology
About us and Sales Contact
* Browse 50 market data tables* and 45 figures* on Hydrogen Market” - forecast to 2032.

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