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Global Hydrogen Market Size & Forecast Report 2020-2024 with Impact Analysis of COVID-19 - ResearchAndMarkets.com

January 12, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jan 12, 2021--

The “Global Hydrogen Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)” report has been added to ResearchAndMarkets.com’s offering.

The report provides a regional analysis of the hydrogen market, including the following regions: Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. The report also provides a detailed analysis of the COVID-19 impact on the hydrogen market.


On the basis of color, hydrogen can be categorized into four different groups. These are as follows: Grey Hydrogen, Blue Hydrogen, Brown Hydrogen, and Green Hydrogen. There are mainly three methods of hydrogen production, which are Steam Methane Reforming (SMR), Coal Gasification, and Electrolysis.

Hydrogen can be used in various applications, including road transport, maritime and air transport, buildings, power generation and storage, chemicals, oil refineries and biofuels, iron and steel, and electricity storage. The hydrogen market can be segmented on the basis of technology and application.

The global hydrogen market has increased significantly during the years 2018-2019 and projections are made that the market would rise in the next four years i.e. 2020-2024 tremendously. The hydrogen market is expected to increase due to escalating demand from steel industry, rise in aviation industry, rising demand to decarbonize energy end-use, favorable government regulations, increasing demand from chemical industry, etc. Yet, the market faces some challenges such as safety concerns of hydrogen, lack of hydrogen infrastructure, etc.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global hydrogen market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global hydrogen market is dominated with few major market players operating worldwide. The key players of the hydrogen market are Air Liquide S.A., Air Products and Chemicals, Inc., Linde plc, and Iwatani Corporation are also profiled with their financial information and respective business strategies.


Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Hydrogen: An Overview

2.1.1 Hydrogen: The Molecule

2.1.2 Characteristics of Hydrogen

2.1.3 Colors of Hydrogen

2.1.4 Methods of Hydrogen Production

2.1.5 Applications for Hydrogen

2.1.6 Liquid (Cryogenic) Hydrogen v/s. Gaseous (Compressed) Hydrogen

2.2 Hydrogen Segmentation: An Overview

2.2.1 Hydrogen Segmentation by Technology

2.2.2 Hydrogen Segmentation by Application

3. Global Market Analysis

3.1 Global Hydrogen Market: An Analysis

3.1.1 Global Hydrogen Market by Value

3.1.2 Global Hydrogen Market by Technology

3.1.3 Global Hydrogen Market by Region

3.1.4 Global Hydrogen Market by Demand

3.1.5 Global Hydrogen Market Demand by Application

3.2 Global Hydrogen Market: Technology Analysis

3.2.1 Global Steam Methane Reforming (SMR) Hydrogen (Grey) Market by Value

3.2.2 Global Steam Methane Reforming (SMR) Hydrogen with CCS (Blue) Market by Value

3.2.3 Global Coal Gasification Hydrogen (Brown) Market by Value

3.2.4 Global Coal Gasification with Hydrogen with CCS Market by Value

3.2.5 Global Electrolysis Hydrogen (Green) Market by Value

3.3 Global Hydrogen Market: Application Analysis

3.3.1 Global Hydrogen Refining Market by Demand

3.3.2 Global Hydrogen Ammonia Market by Demand

3.3.3 Global Hydrogen Methanol Market by Demand

3.3.4 Global Hydrogen Direct Reduction of Iron Market by Demand

3.3.5 Global Others Hydrogen Market by Demand

4. Regional Market Analysis

4.1 Asia Pacific Hydrogen Market: An Analysis

4.1.1 Asia Pacific Hydrogen Market by Value

4.2 North America Hydrogen Market: An Analysis

4.2.1 North America Hydrogen Market by Value

4.2.2 North America Hydrogen Market by Region

4.2.3 The US Hydrogen Market by Value

4.2.4 The US Hydrogen Market by Technology

4.2.5 The US Hydrogen Technology Market by Value

4.2.6 Rest of North America Hydrogen Market by Value

4.3 Europe Hydrogen Market: An Analysis

4.3.1 Europe Hydrogen Market by Value

4.4 Middle East & Africa Hydrogen Market: An Analysis

4.4.1 Middle East & Africa Hydrogen Market by Value

4.5 Latin America Hydrogen Market: An Analysis

4.5.1 Latin America Hydrogen Market by Value

5. Impact of COVID-19

5.1 Impact of COVID-19

5.1.1 Impact of COVID-19 on Gas Demand

5.1.2 Impact of COVID-19 on Hydrogen Demand

5.1.3 Post-COVID-19 Outlook

6. Market Dynamics

6.1 Growth Driver

6.1.1 Escalating Demand from Steel Industry

6.1.2 Rise in Aviation Industry

6.1.3 Rising Demand to Decarbonize Energy End-Use

6.1.4 Favorable Government Regulations

6.1.5 Increasing Demand from Chemical Industry

6.2 Challenges

6.2.1 Safety Concerns of Hydrogen

6.2.2 Lack of Hydrogen Infrastructure

6.3 Market Trends

6.3.1 Growing Demand for Fuel Cars

6.3.2 Rising Popularity of Green Hydrogen

7. Competitive Landscape

7.1 Global Hydrogen Market Players by On-site Hydrogen Sales

7.2 North America Hydrogen Players by Market Share

7.3 Europe Hydrogen Players by Market Share

7.4 Asia Pacific Hydrogen Players by Market Share

8. Company Profiles

8.1 Air Liquide S.A.

8.1.1 Business Overview

8.1.2 Financial Overview

8.1.3 Business Strategy

8.2 Air Products and Chemicals, Inc.

8.3 Linde plc

8.4 Iwatani Corporation

For more information about this report visit https://www.researchandmarkets.com/r/qkb63o

View source version on businesswire.com:https://www.businesswire.com/news/home/20210112005559/en/

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SOURCE: Research and Markets

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