Hydrogen Market by Sector (Generation (Gray, Blue, Green), Storage (Physical, Material), Transportation (Long, Short)), Application (Energy (Power, CHP), Mobility, Chemical & Refinery (Petroleum, Ammonia, Methanol)), and Region - Global Forecast to 2030
상품코드:1795413
리서치사:MarketsandMarkets
발행일:2025년 08월
페이지 정보:영문 278 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
한글목차
세계의 수소 시장 규모는 2025년 2,251억 2,000만 달러에서 2030년까지 3,129억 달러에 이를 것으로 예측되며, CAGR로 6.8%의 성장이 예상됩니다. 수소 시장은 운송, 발전 및 산업 응용 분야에서 낮은 배출에서 지속 가능한 에너지 솔루션으로 전환하는 동향 증가로 성장 궤도를 타고 있습니다.
조사 범위
조사 대상 연도
2021-2030년
기준연도
2024년
예측 기간
2025-2030년
단위
100만 달러, 1,000톤
부문
부문, 용도
대상 지역
북미, 유럽, 아시아태평양, 중동, 아프리카, 남미
현재의 지지적인 광범위한 정치환경, 탈탄소화 목표, 수소 인프라가 채용 수준의 확대를 가능하게 하고 있습니다. 전기분해, 연료전지, 저장기술의 발전으로 특히 녹색수소의 생산비용은 꾸준히 저하되고, 상업적 실현 가능성이 향상되어 보다 확장 가능한 프로젝트가 가능해지고 있습니다. 정부, 민간 에너지 기업, 산업계의 파트너십을 통해 규모가 확대되고 수출 가능성을 지닌 수소 공급망이 구축되고 있습니다.
"용도별로 화학 및 정제 부문이 2024년 최대 시장 점유율을 차지했습니다."
화학 및 정제 부문은 주로 석유 정제 및 화학 생산 공정에서 광범위한 사용으로 세계 수소 시장에서 가장 큰 시장 점유율을 차지합니다. 수소는 정유소에서 수소화 분해 및 탈황의 중요한 원료이며 엄격한 연료 품질 기준을 충족하는 데 도움이 됩니다. 화학 부문에서는 암모니아, 메탄올 및 기타 산업용 화학제품의 생산에 널리 사용됩니다. 비료, 석유화학제품, 보다 깨끗한 연료에 대한 지속적인 수요가 이 부문에서의 수소 소비를 지지하고 있으며, 현재의 수소시장에서 가장 지배적인 응용 분야가 되고 있습니다. 탈탄소화가 곤란한 부문의 탈탄소화를 향한 세계적인 대처에 수반하여, 이 부문은 그레이 수소로부터 블루 수소, 그린 수소로 서서히 이행해 나갈 것으로 예측됩니다. 여러 정유소 및 화학 기업들은 배출 목표를 준수하기 위해 이미 저탄소 수소 솔루션에 투자하고 있습니다.
"운송별로는 장거리 운송 부문이 2024년 최대 시장이 되었습니다."
장거리 운송 부문은 특히 재생가능한 자원이 풍부하고 수요가 높은 중심지가 있는 지역으로, 국경을 넘는 수소거래가 중시되고 있기 때문에 수소시장에서 가장 큰 시장 점유율을 차지했습니다. 아시아, 유럽 및 중동 국가들은 대규모 국제 수소 수송을 가능하게 하기 위해 수소 회랑, 파이프라인, 액화 수소 수송 인프라에 적극적으로 투자하고 있습니다. 이 부문은 정부의 지원을 통한 수출입 협정, 수소 캐리어로서의 암모니아 개발, 일본과 한국 등 수소 수입국에서의 수요 증가에 의해 더욱 강화되고 있습니다. 이러한 추세를 통해 장거리 운송은 세계 수소 공급망의 중요한 담당자가 되어 시장에서 지배적인 점유율을 강화하고 있습니다.
"유럽이 예측 기간에 수소 시장에서 두 번째로 높은 CAGR을 기록할 전망입니다."
유럽은 야심적인 탈탄소화 목표, 에너지 전환 전략, 화석 연료에 대한 의존도 감소에 초점을 맞추어 수소 시장이 강력하게 성장하고 있습니다. 유럽연합(EU)은 운송, 발전, 중공업 등 산업에서 클린 수소 채용을 가속화하는 것을 목표로 하는 European Green Deal과 Hydrogen Strategy for a Climate-Neutral Europe 등 여러 자금 지원 프로그램을 시작하고 있습니다. 여러 국가(독일, 프랑스, 네덜란드, 스페인)가 전해조 전개, 인프라 개발, 국경을 넘어 수소 무역을 지원하는 국가의 수소 로드맵을 공개하고 있습니다. 게다가 신재생에너지원에 대한 투자가 증가함에 따라 녹색수소 생산이 촉진되고 수소경제에서 세계의 중요한 기지로서 유럽의 지위가 강화되고 있습니다.
이 보고서는 세계 수소 시장에 대한 조사 분석을 통해 주요 촉진요인과 억제요인, 경쟁 구도, 미래 동향 등의 정보를 제공합니다.
목차
제1장 서론
제2장 조사 방법
제3장 주요 요약
제4장 중요한 지견
수소 시장의 기업에게 매력적인 기회
수소 시장 : 지역별
수소 시장 : 부문별
수소 시장 : 용도별
아시아태평양의 수소 시장 : 용도별, 국가별
제5장 시장 개요
소개
시장 역학
성장 촉진요인
억제요인
기회
과제
고객사업에 영향을 주는 동향/혼란
가격 설정 분석
수소 발전의 평균 판매 가격 동향 : 지역별(2022-2024년)
수소 저장의 참고 가격 분석 : 지역별(2024년)
수소 수송의 참고 가격 분석
공급망 분석
생태계 분석
무역 분석
수출 시나리오
수입 시나리오
기술 분석
주요 기술
보완 기술
인접 기술
사례 연구 분석
HYBRIT의 대처가, 스웨덴에서의 화석 연료를 사용하지 않는 그린 수소에 의한 철강 생산의 변화에 기여
KRAFT HEINZ, 키트 그린 시설의 탈탄소화를 위해, 그린 수소를 생산하는 전해 장치를 전개
NPROXX, ANGLO AMERICAN의 제로 에미션 채굴 차량의 개발과 비용 효율적인 수소 저장을 지원
주요 컨퍼런스 및 이벤트(2025-2026년)
특허 분석
규제 상황
규제기관, 정부기관, 기타 조직
규제 틀
Porter's Five Forces 분석
주요 이해관계자와 구매 기준
수소 시장에 대한 AI 및 생성형 AI의 영향
수소 생성에 미치는 영향
수소 저장에 미치는 영향
수소 수송에 대한 영향
영향 : AI 및 생성형 AI, 용도별
AI 및 생성형 AI의 영향 : 지역별
수소 시장의 거시 경제 전망
에너지 전환과 정책 전환
R&D 투자
인프라 성장
기후 변화
투자 및 자금조달 시나리오
수소 시장에 대한 2025년 미국 관세의 영향
소개
주요 관세율
가격의 영향 분석
국가 및 지역에 대한 영향
용도에 미치는 영향
제6장 수소 발전 시장 : 부문별
소개
생성 유형
그레이 수소
블루 수소
그린 수소
저장
물리
재료 베이스
수송
장거리
근거리
제7장 수소 시장 : 용도별
소개
에너지
이동성
화학 및 정제
기타
제8장 수소 시장 : 지역별
소개
북미
미국
캐나다
멕시코
아시아태평양
중국
인도
일본
호주
한국
기타 아시아태평양
유럽
독일
프랑스
영국
러시아
기타 유럽
중동 및 아프리카
GCC
남아프리카
기타 중동 및 아프리카
남미
브라질
아르헨티나
기타 남미
제9장 경쟁 구도
개요
주요 참가 기업의 전략/강점(2020-2025년)
시장 점유율 분석(2024년)
수익 분석(2020-2024년)
기업 평가 및 재무 지표
제품 비교
기업의 평가 매트릭스 : 주요 수소 제조업체(2024년)
기업의 평가 매트릭스 : 주요 수소 저장 제공업체(2024년)
기업의 평가 매트릭스 : 주요 수소 수송 공급자(2024)
기업의 평가 매트릭스 : 스타트업 기업/중소기업(수소 제조업체)(2024년)
경쟁 시나리오
제10장 기업 프로파일
주요 수소 제조업체
LINDE PLC
AIR LIQUIDE
SAUDI ARABIAN OIL CO.
AIR PRODUCTS AND CHEMICALS, INC.
SHELL PLC
CHEVRON CORPORATION
UNIPER SE
EXXON MOBIL CORPORATION
BP PLC
수소 저장 제공업체
INOX INDIA LIMITED
CRYOLOR
BNH GAS TANKS
FABER ITALY
기타 수소 저장 공급자
수소 수송 탱크 공급자
BAYOTECH
HEXAGON PURUS
NPROXX
CHART INDUSTRIES
기타 수소 수송 탱크 공급자
제11장 부록
JHS
영문 목차
영문목차
The global hydrogen market is projected to reach USD 312.90 billion by 2030 from USD 225.12 billion in 2025, registering a CAGR of 6.8%. The hydrogen market is on a growth trajectory driven by the increasing trend of switching to low-emission and sustainable energy solutions for transportation, power generation, and industrial uses.
Scope of the Report
Years Considered for the Study
2021-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
Value (USD million)/Volume (Thousand metric tons)
Segments
Sector (Generation, Storage, and Transportation), and Application
Regions covered
North America, Europe, Asia Pacific, Middle East & Africa, and South America
The current supportive broader political environment, decarbonization targets, and hydrogen infrastructure are enabling expansion in the level of adoption. Advances in electrolysis, fuel cells, and storage technology are steadily reducing production costs-especially for green hydrogen-improving its commercial viability and enabling more scalable projects. Partnerships between governments, private energy players, and industrial firms are creating hydrogen supply chains with growing scale and export potential.
"By application, the chemical & refinery segment accounted for the largest market share in 2024."
The chemical and refinery segment holds the largest market share in the global hydrogen market, primarily driven by its extensive use in petroleum refining and chemical production processes. Hydrogen is a critical feedstock in hydrocracking and desulfurization in refineries, helping meet stringent fuel quality standards. In the chemical sector, it is extensively used in the production of ammonia, methanol, and other industrial chemicals. The continued demand for fertilizers, petrochemicals, and cleaner fuels sustains hydrogen consumption across this segment, making it the most dominant application area in the current hydrogen market landscape. With global efforts to decarbonize hard-to-abate sectors, this segment is expected to gradually transition from gray hydrogen to blue and green alternatives. Several refinery and chemical companies are already investing in low-carbon hydrogen solutions to comply with emissions targets.
"By transportation, the long distance segment accounted for the largest market in 2024."
The long distance transportation segment has the largest market share in the hydrogen market due to the growing emphasis on cross-border hydrogen trade, particularly among regions with abundant renewable resources and high-demand centers. Countries in Asia, Europe, and the Middle East are actively investing in hydrogen corridors, pipelines, and liquefied hydrogen shipping infrastructure to enable large-scale, international hydrogen movement. This segment is further supported by government-backed export-import agreements, the development of ammonia as a hydrogen carrier, and rising demand from hydrogen-importing nations like Japan and South Korea. These trends collectively position long-distance transportation as a crucial enabler of global hydrogen supply chains, reinforcing its dominant share in the market.
"Europe is expected to register the second-highest CAGR for the hydrogen market over the forecast period."
Europe is experiencing strong growth in the hydrogen market, driven by its ambitious decarbonization goals, energy transition strategies, and focus on reducing dependency on fossil fuels. The European Union has launched multiple funding programs, including the European Green Deal and the Hydrogen Strategy for a Climate-Neutral Europe, which aim to accelerate the adoption of clean hydrogen across industries such as transport, power generation, and heavy manufacturing. Several countries-Germany, France, the Netherlands, and Spain-have rolled out national hydrogen roadmaps, supporting electrolyzer deployment, infrastructure development, and cross-border hydrogen trade. Additionally, increasing investments in renewable energy sources are facilitating green hydrogen production, reinforcing Europe's position as a key global hub in the hydrogen economy.
In-depth interviews were conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among others, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1 - 57%, Tier 2 - 29%, and Tier 3 - 14%
By Designation: C-Level Executives - 35%, Directors - 20%, and Others - 45%
By Region: North America - 20%, Europe - 15%, Asia Pacific - 30%, Middle East & Africa - 25%, and South America - 10%
Note: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: > USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: < USD 500 million. Others include sales managers, engineers, and regional managers.
Linde plc (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Saudi Arabian Oil Co. (Saudi Arabia), Shell plc (UK), Chevron Corporation (US), Exxon Mobil Corporation (US), BP p.l.c. (UK), Chart Industries (US), OPmobility (US), Luxfer Holdings PLC (US), Faber Italy (Italy), FIBA Technologies, Inc. (US), Bayotech (US), BNH Gas Tanks (India), Cryofab, Inc. (US), WELDSHIP (US), Cryolor (France), Hexagon Purus (Norway), INOX India Limited (India), NPROXX (Netherlands), CALVERA Hydrogen (Spain), Uniper SE (Germany), Composite Advanced Technologies, LLC. (US), and Quantum Fuel Systems (US) are some of the key players in the Hydrogen market. The study includes an in-depth competitive analysis of these key players in the Hydrogen market, with their company profiles, recent developments, and key market strategies.
Study Coverage:
The report defines, describes, and forecasts the hydrogen market by Generation type (Blue Hydrogen, Gray Hydrogen, Green Hydrogen), Storage (Physical, Material-based), Transportation (Long distance, Short distance), Application (Energy, Chemical & Refinery, Mobility, and others), and region (North America, Europe, Asia Pacific, Middle East & Africa and South America). The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the hydrogen market. A thorough analysis of the key industry players has provided insights into their business overview, solutions, and services; key strategies such as contracts, partnerships, agreements, expansion, Joint ventures, collaborations, and acquisitions; and recent developments associated with the hydrogen market. This report covers the competitive analysis of upcoming startups in the hydrogen market ecosystem.
Key Benefits of Buying the Report
The report includes the analysis of key drivers (Government initiatives for developing hydrogen economy, Growing Demand of Ammonia in Agriculture Sector), restraints (High Flammability associated with the hydrogen, Limited Hydrogen Infrastructure), opportunities (Decarbonization targets and climate commitments, Growing demand for hydrogen vehicles) and challenges (High cost associated with renewable hydrogen production, High cost of composite-material based tanks).
Product Development/Innovation: Hydrogen market players are rapidly advancing technologies across the value chain-generation, storage, and transportation-to improve efficiency, reduce costs, and enable large-scale deployment. In generation, innovations in electrolyzer design, such as high-efficiency solid oxide and anion exchange systems, are reducing energy consumption and boosting hydrogen yield. In storage and transport, companies are leveraging new materials for high-pressure tanks, cryogenic storage, and solid-state options, improving safety, density, and mobility across sectors. Digital technologies like AI-enabled system optimization, smart grid integration, and real-time monitoring platforms are being adopted to enhance performance and reliability.
Market Development: In August 2024, Linde plc entered into a long-term agreement with Dow Inc. to supply clean hydrogen and other gases for Dow's new Path2Zero project in Fort Saskatchewan, Alberta, Canada. Under this deal, Linde will invest over USD 2 billion to build, own, and operate a large hydrogen production facility that uses advanced technology to produce low-carbon hydrogen and capture over 2 million tonnes of CO2 each year. The plant will also recycle hydrogen from Dow's operations and provide nitrogen and other industrial gases. This facility, expected to start in 2028, will support Dow's efforts to reduce emissions and will also supply other nearby industries looking to decarbonize. This report provides a detailed analysis of hydrogen solution provider strategies critical for project success, providing stakeholders with actionable insights into trends and opportunities for growth in the hydrogen market.
Market Diversification: The report offers a comprehensive analysis of the strategies employed by hydrogen solutions provider players to facilitate market diversification. It outlines innovative products and operating models, as well as new partnership frameworks across various regions, which are underpinned by technology-driven business lines. The findings emphasize opportunities for expansion beyond traditional operations, identifying geographical areas and customer segments that are currently served but remain underserved and are suitable for strategic entry.
Competitive Assessment: The report provides in-depth assessment of market shares, growth strategies, and service offerings of leading players such as Linde plc (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Saudi Arabian Oil Co. (Saudi Arabia), Shell plc (UK), Uniper SE (Germany), Chevron Corporation (US), Exxon Mobil Corporation (US), BP p.l.c. (UK), Chart Industries (US), OPmobility (US), Luxfer Holdings PLC (US), Faber Italy (Italy), FIBA Technologies, Inc. (US), Bayotech (US), among others, in the hydrogen market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary interview participants
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.1.2.4 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 DEMAND-SIDE ANALYSIS
2.2.3.1 Assumptions for demand-side analysis
2.2.3.2 Calculations for demand-side analysis
2.2.4 SUPPLY-SIDE ANALYSIS
2.2.4.1 Assumptions and calculations for supply-side analysis
2.3 GROWTH FORECAST
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH LIMITATIONS
2.6 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYDROGEN MARKET
4.2 HYDROGEN MARKET, BY REGION
4.3 HYDROGEN MARKET, BY SECTOR
4.4 HYDROGEN MARKET, BY APPLICATION
4.5 ASIA PACIFIC: HYDROGEN MARKET, BY APPLICATION & COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Government initiatives for developing hydrogen economy
5.2.1.2 Growing demand for ammonia in agriculture sector
5.2.2 RESTRAINTS
5.2.2.1 High flammability associated with hydrogen
5.2.2.2 Limited hydrogen infrastructure
5.2.3 OPPORTUNITIES
5.2.3.1 Decarbonization targets and climate commitments
5.2.3.2 Growing demand for hydrogen vehicles
5.2.4 CHALLENGES
5.2.4.1 High costs associated with renewable hydrogen production
5.2.4.2 High cost of composite material-based tanks and strict regulatory approvals
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND OF HYDROGEN GENERATION, BY REGION, 2022-2024
5.4.2 INDICATIVE PRICING ANALYSIS OF HYDROGEN STORAGE, BY REGION, 2024
5.4.3 INDICATIVE PRICING ANALYSIS OF HYDROGEN TRANSPORTATION
5.5 SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
5.7 TRADE ANALYSIS
5.7.1 EXPORT SCENARIO
5.7.2 IMPORT SCENARIO
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Steam methane reforming (SMR)
5.8.1.2 Partial oxidation
5.8.1.3 Coal gasification
5.8.1.4 Electrolysis
5.8.1.5 Hydrogen storage technologies
5.8.1.6 Hydrogen transport technologies
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Carbon capture, utilization, and storage (CCUS)
5.8.2.2 Renewable energy technologies
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Fuel cell technology
5.9 CASE STUDY ANALYSIS
5.9.1 HYBRIT INITIATIVE HELPED IN TRANSFORMING STEEL PRODUCTION WITH FOSSIL-FREE GREEN HYDROGEN IN SWEDEN
5.9.2 KRAFT HEINZ DEPLOYS ELECTROLYZER TO PRODUCE GREEN HYDROGEN TO DECARBONIZE ITS KITT GREEN FACILITY
5.9.3 NPROXX HELPS ANGLO AMERICAN DEVELOP ZERO-EMISSION MINING VEHICLES AND STORE HYDROGEN COST-EFFECTIVELY
5.10 KEY CONFERENCES AND EVENTS, 2025-2026
5.11 PATENT ANALYSIS
5.11.1 LIST OF MAJOR PATENTS
5.12 REGULATORY LANDSCAPE
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.2 REGULATORY FRAMEWORK
5.12.2.1 Regulatory frameworks/policies in North America
5.12.2.2 Regulatory frameworks/policies in Asia Pacific
5.12.2.3 Regulatory frameworks/policies in Europe
5.12.2.4 Regulatory frameworks/policies in Middle East & Africa
5.12.2.5 Regulatory frameworks/policies in South America
5.13 PORTER'S FIVE FORCES ANALYSIS
5.13.1 THREAT OF NEW ENTRANTS
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF SUBSTITUTES
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.14.2 BUYING CRITERIA
5.15 IMPACT OF AI/GENERATIVE AI ON HYDROGEN MARKET
5.15.1 IMPACT ON HYDROGEN GENERATION
5.15.2 IMPACT ON HYDROGEN STORAGE
5.15.3 IMPACT ON HYDROGEN TRANSPORTATION
5.15.4 IMPACT OF AI/GENERATIVE AI, BY APPLICATION
5.15.5 IMPACT OF AI/GENERATIVE AI, BY REGION
5.16 MACROECONOMIC OUTLOOK FOR HYDROGEN MARKET
5.16.1 ENERGY TRANSITION AND POLICY SHIFTS
5.16.2 R&D INVESTMENTS
5.16.3 INFRASTRUCTURE GROWTH
5.16.4 CLIMATE CHANGE
5.17 INVESTMENT AND FUNDING SCENARIO
5.18 IMPACT OF 2025 US TARIFF ON HYDROGEN MARKET
5.18.1 INTRODUCTION
5.18.2 KEY TARIFF RATES
5.18.3 PRICE IMPACT ANALYSIS
5.18.4 IMPACT ON COUNTRIES/REGIONS
5.18.4.1 US
5.18.4.2 Europe
5.18.4.3 Asia Pacific
5.18.5 IMPACT ON APPLICATIONS
6 HYDROGEN GENERATION MARKET, BY SECTOR
6.1 INTRODUCTION
6.2 GENERATION TYPE
6.2.1 GRAY HYDROGEN
6.2.1.1 Low cost of production to fuel demand for gray hydrogen
6.2.2 BLUE HYDROGEN
6.2.2.1 Rising demand for clean hydrogen to drive market growth
6.2.3 GREEN HYDROGEN
6.2.3.1 Increasing focus on achieving net-zero carbon emission targets to boost demand for green hydrogen
6.3 STORAGE
6.3.1 PHYSICAL
6.3.1.1 Increasing demand for stationary applications to drive market
6.3.2 MATERIAL-BASED
6.3.2.1 Greater reliability of material-based hydrogen storage technology to boost demand
6.4 TRANSPORTATION
6.4.1 LONG DISTANCE
6.4.1.1 Expanding hydrogen infrastructure to accelerate market development
6.4.2 SHORT DISTANCE
6.4.2.1 Rising demand for hydrogen for emergency responses to drive market
7 HYDROGEN MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 ENERGY
7.2.1 EFFORTS TO DECARBONIZE GLOBAL ENERGY SYSTEMS TO DRIVE MARKET
7.2.2 POWER GENERATION
7.2.2.1 Growing application of hydrogen in portable devices, backup power, and grid stabilization to support market
7.2.3 COMBINED HEAT AND POWER (CHP)
7.2.3.1 Offers efficient and sustainable approach to energy generation
7.3 MOBILITY
7.3.1 RAPID RISE IN DEMAND FOR FUEL CELL ELECTRIC VEHICLES TO DRIVE MARKET
7.4 CHEMICAL & REFINERY
7.4.1 INCREASING USE OF HYDROGEN IN REFINERIES TO LOWER SULFUR CONTENT OF DIESEL TO BENEFIT MARKET
7.4.2 PETROLEUM REFINERY
7.4.2.1 Growing need to reduce sulfur content in diesel to boost market
7.4.3 AMMONIA PRODUCTION
7.4.3.1 Increasing focus on sustainable ammonia production to fuel demand
7.4.4 METHANOL PRODUCTION
7.4.4.1 Increasing application of methanol for transportation fuel and wastewater denitrification to strengthen market
7.5 OTHERS
8 HYDROGEN MARKET, BY REGION
8.1 INTRODUCTION
8.2 NORTH AMERICA
8.2.1 US
8.2.1.1 Rising demand for hydrogen in petroleum refineries and availability of advanced storage solutions to drive demand
8.2.2 CANADA
8.2.2.1 Growing low-carbon initiatives and government-backed storage & transportation initiatives to fuel demand
8.2.3 MEXICO
8.2.3.1 Growing production of ammonia to drive market
8.3 ASIA PACIFIC
8.3.1 CHINA
8.3.1.1 Growing ammonia production and FCEV adoption to boost market
8.3.2 INDIA
8.3.2.1 Growing refining capacity to support market growth
8.3.3 JAPAN
8.3.3.1 Government plans and policies to boost market
8.3.4 AUSTRALIA
8.3.4.1 Strong natural gas reserves, infrastructure, and export-oriented storage and transport solutions to drive market
8.3.5 SOUTH KOREA
8.3.5.1 Expanding hydrogen infrastructure to drive market growth
8.3.6 REST OF ASIA PACIFIC
8.4 EUROPE
8.4.1 GERMANY
8.4.1.1 Growing adoption of fuel cell electric vehicles to augment market growth
8.4.2 FRANCE
8.4.2.1 Rising investments in renewable energy generation to support market growth
8.4.3 UK
8.4.3.1 Increasing focus on reducing natural gas imports to drive market
8.4.4 RUSSIA
8.4.4.1 Stringent government regulations to increase use of cleaner fuels to boost demand
8.4.5 REST OF EUROPE
8.5 MIDDLE EAST & AFRICA
8.5.1 GCC
8.5.1.1 Saudi Arabia
8.5.1.1.1 Rising demand for low-sulfur fuel in transportation to drive market
8.5.1.2 UAE
8.5.1.2.1 Increasing use of hydrogen fuel for electricity generation to support market growth
8.5.2 SOUTH AFRICA
8.5.2.1 Growing use of hydrogen in mining industry to boost demand
8.5.3 REST OF MIDDLE EAST & AFRICA
8.6 SOUTH AMERICA
8.6.1 BRAZIL
8.6.1.1 Rising demand for clean hydrogen in transportation sector to drive market
8.6.2 ARGENTINA
8.6.2.1 Increasing oil refining activities to drive market
8.6.3 REST OF SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2025
9.3 MARKET SHARE ANALYSIS, 2024
9.4 REVENUE ANALYSIS, 2020-2024
9.5 COMPANY VALUATION AND FINANCIAL METRICS
9.6 PRODUCT COMPARISON
9.7 COMPANY EVALUATION MATRIX: KEY HYDROGEN PRODUCERS, 2024
9.7.1 STARS
9.7.2 EMERGING LEADERS
9.7.3 PERVASIVE PLAYERS
9.7.4 PARTICIPANTS
9.7.4.1 Generation type footprint
9.8 COMPANY EVALUATION MATRIX: KEY HYDROGEN STORAGE PROVIDERS, 2024
9.8.1 STARS
9.8.2 EMERGING LEADERS
9.8.3 PERVASIVE PLAYERS
9.8.4 PARTICIPANTS
9.8.4.1 Storage footprint
9.9 COMPANY EVALUATION MATRIX: KEY HYDROGEN TRANSPORTATION PROVIDERS, 2024
9.9.1 STARS
9.9.2 EMERGING LEADERS
9.9.3 PERVASIVE PLAYERS
9.9.4 PARTICIPANTS
9.9.4.1 Transportation footprint
9.9.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
9.9.5.1 Company footprint
9.9.5.2 Region footprint
9.9.5.3 Application footprint
9.10 COMPANY EVALUATION MATRIX: STARTUPS/SMES (HYDROGEN PRODUCERS), 2024