Global Hydrogen Market Growth 2025-2031
Description
The global Hydrogen market size is predicted to grow from US$ 183090 million in 2025 to US$ 203090 million in 2031; it is expected to grow at a CAGR of 1.7% from 2025 to 2031.
Hydrogen is a clean alternative to methane, also known as natural gas. It"s the most abundant chemical element
Global key players of Hydrogen include Linde Group, Sinopec, Air Products, Air Liquide, Taiyo Nippon Sanso, etc. The top five players hold a share about 10%. China is the largest producer, holds a share around 31%, followed by Europe and North America, with share 24% and 15%, separately. The largest market is China, has a share about 30%, followed by Europe and North America, with around 27% and 15% market share respectively.
LP Information, Inc. (LPI) ' newest research report, the “Hydrogen Industry Forecast” looks at past sales and reviews total world Hydrogen sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrogen sales for 2025 through 2031. With Hydrogen sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen industry.
This Insight Report provides a comprehensive analysis of the global Hydrogen landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogen portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogen.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Captive Hydrogen
Merchant Hydrogen
Segmentation by Application:
Oil Refining
Ammonia Production
Methanol Production
Steel Production
The Fuel Cell
Electronics And Semiconductors
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yinde Gas
Meijin Energy
Donghua Energy
Sinopec
Huachang Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogen market?
What factors are driving Hydrogen market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogen market opportunities vary by end market size?
How does Hydrogen break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Hydrogen is a clean alternative to methane, also known as natural gas. It"s the most abundant chemical element
Global key players of Hydrogen include Linde Group, Sinopec, Air Products, Air Liquide, Taiyo Nippon Sanso, etc. The top five players hold a share about 10%. China is the largest producer, holds a share around 31%, followed by Europe and North America, with share 24% and 15%, separately. The largest market is China, has a share about 30%, followed by Europe and North America, with around 27% and 15% market share respectively.
LP Information, Inc. (LPI) ' newest research report, the “Hydrogen Industry Forecast” looks at past sales and reviews total world Hydrogen sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrogen sales for 2025 through 2031. With Hydrogen sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen industry.
This Insight Report provides a comprehensive analysis of the global Hydrogen landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogen portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogen.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Captive Hydrogen
Merchant Hydrogen
Segmentation by Application:
Oil Refining
Ammonia Production
Methanol Production
Steel Production
The Fuel Cell
Electronics And Semiconductors
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yinde Gas
Meijin Energy
Donghua Energy
Sinopec
Huachang Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogen market?
What factors are driving Hydrogen market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogen market opportunities vary by end market size?
How does Hydrogen break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
110 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Hydrogen by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Hydrogen by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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