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Global Hydrogen Market (by Production Process, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2024-2028)

Publisher Koncept Analytics
Published Sep 03, 2024
Length 111 Pages
SKU # KOAN19136070

Description

Global Hydrogen Market (by Production Process, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2024-2028)


The global hydrogen market is expected to record a value of US$206.65 billion in 2028, progressing at a CAGR of 6.09%, over the period 2024-2028. The market experienced growth accruing to several factors such as rising consumption of agricultural fertilizers, escalating demand in metallurgical industries, mounting concerns regarding carbon emissions worldwide, surging demand for electricity generation and upswing in margarine demand. However, the market growth would be challenged by high cost of hydrogen production & transportation, storage of hydrogen and health effects of hydrogen. A few notable trends may include expanding demand from oil refineries, rapid expansion of aerospace industry, surging production of hydrogen fuel cell electric vehicles, growing demand of hydrochloric acid and upsurge in pharmaceutical industry.

The global hydrogen market is categorized on the basis of production process and application. According to production process, the market can be split into natural gas steam reforming, coal gasification, oil partial oxidation and water electrolysis. The global hydrogen market can be bifurcated into ammonia production, petroleum refinery, methanol production, transportation, power generation and others, in term of application.

The fastest growing regional market is Asia Pacific owing to increasing consumption of agricultural fertilizers on account of growing population, rising number of petrochemical complexes and refineries in the region, upsurge in pharmaceutical industry, expansion in China’s aerospace industry and surging investments by government for the development of hydrogen plants.

Scope of the report:
  • The report provides a comprehensive analysis of the global hydrogen market segmented on the basis of production process, application and region.
  • The major regional and country markets (Asia Pacific, Europe, North America, Middle East & Africa and Central & South America, along with the U.S.) have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The company profiles of leading players (Linde PLC, Air Liquide S.A., Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corporation, Messer Group GmbH and Nel ASA) are also presented in detail.
Key Target Audience:
  • Hydrogen Manufacturers
  • Energy Sector
  • End Users (Automobile Industry, Oil and Gas Industry, Steel Industry, etc.)
  • Consulting and Advisory Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities

Table of Contents

111 Pages
1. Market Overview
1.1 Introduction
Table 1: Properties of Hydrogen
1.2 Properties of Hydrogen
Table 2: Physical Properties of Hydrogen
1.3 Major Types of Hydrogen
Table 3: Major Types of Hydrogen
1.4 Sources of Hydrogen
Table 4: Sources of Hydrogen
1.5 Storage of Hydrogen
Table 5: Types of Hydrogen Storage
1.6 Production Process of Hydrogen
Table 6: Production Process of Hydrogen
1.7 Application of Hydrogen
2. Impact of COVID-19
2.1 Decline in Electricity Demand
Table 7: Percentage Change in Electricity Demand in Selected Regions (2016 to 2020)
2.2 Decreased Demand from Automotive Industry
Table 8: Global Car (Internal Combustion + Electrified) Sales (2016-2023)
2.3 Reduction in Semiconductor Market Revenue
Table 9: Decline in Semiconductor Market Revenue (2019 v/s 2020)
3. Global Market Analysis
3.1 Global Hydrogen Market by Value
Table 10: Global Hydrogen Market by Value (2019-2023)
3.2 Global Hydrogen Market Forecast by Value
Table 11: Global Hydrogen Market Forecast by Value (2024-2028)
3.3 Global Hydrogen Market by Production Process
Table 12: Global Hydrogen Market by Production Process (2023)
3.3.1 Global Natural Gas Steam Reforming Hydrogen Market by Value
Table 13: Global Natural Gas Steam Reforming Hydrogen Market by Value (2019-2023)
3.3.2 Global Natural Gas Steam Reforming Hydrogen Market Forecast by Value
Table 14: Global Natural Gas Steam Reforming Hydrogen Market Forecast by Value (2024-2028)
3.3.3 Global Coal Gasification Hydrogen Market by Value
Table 15: Global Coal Gasification Hydrogen Market by Value (2019-2023)
3.3.4 Global Coal Gasification Hydrogen Market Forecast by Value
Table 16: Global Coal Gasification Hydrogen Market Forecast by Value (2024-2028)
3.3.5 Global Oil Partial Oxidation Hydrogen Market by Value
Table 17: Global Oil Partial Oxidation Hydrogen Market by Value (2019-2023)
3.3.6 Global Oil Partial Oxidation Hydrogen Market Forecast by Value
Table 18: Global Oil Partial Oxidation Hydrogen Market Forecast by Value (2024-2028)
3.3.7 Global Water Electrolysis Hydrogen Market by Value
Table 19: Global Water Electrolysis Hydrogen Market by Value (2019-2023)
3.3.8 Global Water Electrolysis Hydrogen Market Forecast by Value
Table 20: Global Water Electrolysis Hydrogen Market Forecast by Value (2024-2028)
3.4 Global Hydrogen Market by Application
Table 21: Global Hydrogen Market by Application (2023)
3.4.1 Global Ammonia Production Hydrogen Market by Value
Table 22: Global Ammonia Production Hydrogen Market by Value (2019-2023)
3.4.2 Global Ammonia Production Hydrogen Market Forecast by Value
Table 23: Global Ammonia Production Hydrogen Market Forecast by Value (2024-2028)
3.4.3 Global Petroleum Refinery Hydrogen Market by Value
Table 24: Global Petroleum Refinery Hydrogen Market by Value (2019-2023)
3.4.4 Global Petroleum Refinery Hydrogen Market Forecast by Value
Table 25: Global Petroleum Refinery Hydrogen Market Forecast by Value (2024-2028)
3.4.5 Global Methanol Production Hydrogen Market by Value
Table 26: Global Methanol Production Hydrogen Market by Value (2019-2023)
3.4.6 Global Methanol Production Hydrogen Market Forecast by Value
Table 27: Global Methanol Production Hydrogen Market Forecast by Value (2024-2028)
3.4.7 Global Transportation Hydrogen Market by Value
Table 28: Global Transportation Hydrogen Market by Value (2019-2023)
3.4.8 Global Transportation Hydrogen Market Forecast by Value
Table 29: Global Transportation Hydrogen Market Forecast by Value (2024-2028)
3.4.9 Global Power Generation Hydrogen Market by Value
Table 30: Global Power Generation Hydrogen Market by Value (2019-2023)
3.4.10 Global Power Generation Hydrogen Market Forecast by Value
Table 31: Global Power Generation Hydrogen Market Forecast by Value (2024-2028)
3.5 Global Hydrogen Market by Region
Table 32: Global Hydrogen Market by Region (2023)
3.6 Global Hydrogen Demand by Volume
Table 33: Global Hydrogen Demand by Volume (2019-2023)
3.7 Global Hydrogen Demand Forecast by Volume
Table 34: Global Hydrogen Demand Forecast by Volume (2024-2028)
3.8 Global Hydrogen Demand by Type
Table 35: Global Hydrogen Demand by Type (2023)
3.8.1 Global Pure Hydrogen Demand by Volume
Table 36: Global Pure Hydrogen Demand by Volume (2019-2023)
3.8.2 Global Pure Hydrogen Demand Forecast by Volume
Table 37: Global Pure Hydrogen Demand Forecast by Volume (2024-2028)
3.8.3 Global Pure Hydrogen Demand Volume by Application
Table 38: Global Pure Hydrogen Demand Volume by Application (2019-2023)
3.8.4 Global Pure Hydrogen Demand Volume Forecast by Application
Table 39: Global Pure Hydrogen Demand Volume Forecast by Application (2024-2028)
3.8.5 Global Mixed Hydrogen Demand by Volume
Table 40: Global Mixed Hydrogen Demand by Volume (2019-2023)
3.8.6 Global Mixed Hydrogen Demand Forecast by Volume
Table 41: Global Mixed Hydrogen Demand Forecast by Volume (2024-2028)
3.8.7 Global Mixed Hydrogen Demand Volume by Application
Table 42: Global Mixed Hydrogen Demand Volume by Application (2019-2023)
3.8.8 Global Mixed Hydrogen Demand Volume Forecast by Application
Table 43: Global Mixed Hydrogen Demand Volume Forecast by Application (2024-2028)
3.9 Global Hydrogen Production by Volume
Table 44: Global Hydrogen Production by Volume (2019-2023)
3.10 Global Hydrogen Production Forecast by Volume
Table 45: Global Hydrogen Production Forecast by Volume (2024-2028)
3.11 Global Hydrogen Production Volume by Generation System
Table 46: Global Hydrogen Production Volume by Generation System (2023)
3.11.1 Global Captive Hydrogen Production Forecast by Volume
Table 47: Global Captive Hydrogen Production Forecast by Volume (2022-2028)
3.11.2 Global Merchant Hydrogen Production Forecast by Volume
Table 48: Global Merchant Hydrogen Production Forecast by Volume (2022-2028)
3.12 Global Hydrogen Production Volume by Region
Table 49: Global Hydrogen Production Volume by Region (2023)
4. Regional Market Analysis
4.1 Asia Pacific
4.1.1 Asia Pacific Hydrogen Market Forecast by Value
Table 50: Asia Pacific Hydrogen Market Forecast by Value (2022-2028)
4.1.2 Asia Pacific Hydrogen Production Forecast by Volume
Table 51: Asia Pacific Hydrogen Production Forecast by Volume (2022-2028)
4.2 Europe
4.2.1 Europe Hydrogen Market Forecast by Value
Table 52: Europe Hydrogen Market Forecast by Value (2022-2028)
4.2.2 Europe Hydrogen Production Forecast by Volume
Table 53: Europe Hydrogen Production Forecast by Volume (2022-2028)
4.3 North America
4.3.1 North America Hydrogen Market Forecast by Value
Table 54: North America Hydrogen Market Forecast by Value (2022-2028)
4.3.2 North America Hydrogen Production Forecast by Volume
Table 55: North America Hydrogen Production Forecast by Volume (2022-2028)
4.3.3 The U.S. Hydrogen Market Forecast by Value
Table 56: The U.S. Hydrogen Market Forecast by Value (2022-2028)
4.3.4 The U.S. Hydrogen Market by Production Technology
Table 57: The U.S. Hydrogen Market by Production Technology (2022-2028)
4.4 Middle East & Africa
4.4.1 Middle East & Africa Hydrogen Market by Value
Table 58: Middle East & Africa Hydrogen Market by Value (2022-2028)
4.4.2 Middle East & Africa Hydrogen Production Forecast by Volume
Table 59: Middle East & Africa Hydrogen Production Forecast by Volume (2022-2028)
4.5 Central & South America
4.5.1 Central & South America Hydrogen Market Forecast by Value
Table 60: Central & South America Hydrogen Market Forecast by Value (2022-2028)
4.5.2 Central & South America Hydrogen Production Forecast by Volume
Table 61: Central & South America Hydrogen Production Forecast by Volume (2022-2028)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Consumption of Agricultural Fertilizer
Table 62: Global Consumption of Agricultural Fertilizer (2017-2023)
5.1.2 Escalating Demand in Metallurgical Industries
Table 63: Global Stainless Steel Production (2017-2023)
5.1.3 Mounting Concerns Regarding Carbon Emissions Worldwide
Table 64: Global Annual Carbon Dioxide (CO₂) Emissions (2018-2023)
5.1.4 Surging Demand for Electricity Generation
Table 65: Global Electricity Generation by Renewable Sources (2018-2050)
5.1.5 Upswing in Margarine Demand
Table 66: Global Margarine Market (2018-2023)
5.1.6 Expanding Production Capacity of Methanol
Table 67: Global Production Capacity of Methanol (2018-2024)
5.1.7 Increasing Demand from Electronic Applications
Table 68: Global Semiconductor Industry Revenue (2016-2024)
5.2 Key Trends & Developments
5.2.1 Expanding Demand from Oil Refineries
Table 69: Global Oil Refinery Market (2019-2025)
5.2.2 Rapid Expansion of Aerospace Industry
Table 70: Global Aerospace & Defense Industry (2023-2030)
5.2.3 Surging Production of Hydrogen Fuel Cell Electric Vehicles
Table 71: Global Production of Hydrogen Fuel Cell Electric Vehicle (2017-2027)
5.2.4 Upsurge in Pharmaceutical Industry
Table 72: Global Pharmaceutical Market Forecast (2017-2023)
5.2.5 Growing Demand for Hydrochloric Acid
Table 73: Global Hydrochloric Acid Market (2019-2024)
5.2.6 Increasing Hydrogen Demand
Table 74: Global Hydrogen Demand by Segments (2015-2050)
5.3 Challenges
5.3.1 High Cost of Hydrogen Production & Transportation
5.3.2 Storage of Hydrogen
5.3.3 Health Effects of Hydrogen
6. Company Profiles
6.1 Linde PLC
6.1.1 Business Overview
6.2 Air Liquide S.A.
6.2.1 Business Overview
6.3 Air Products and Chemicals, Inc.
6.3.1 Business Overview
6.4 Taiyo Nippon Sanso Corporation
6.4.1 Business Overview
6.5 Messer Group GmbH
6.5.1 Business Overview
6.6 Nel ASA
6.6.1 Business Overview

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