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Global Hydrogen Gas Market Research Report 2025
Synopsis
Hydrogen (H2) gas is an odourless and tasteless gas that is mainly produced through natural gas steam reforming or the electrolysis of water. Lighter than air, it burns with an invisible, clean (carbon-free and soot-free) flame. It is the only fuel gas that does not contain any carbon atoms.
The global Hydrogen Gas market was valued at US$ 181630 million in 2023 and is anticipated to reach US$ 223770 million by 2030, witnessing a CAGR of 2.7% during the forecast period 2024-2030.
Hydrogen produced through renewable-powered electrolysis is used as a fuel in vehicles, or it is stored and used later in fuel cells to generate electricity. Furthermore, some of the major countries, such as Germany, Japan, and the U.S., are looking to adopt hydrogen as transportation fuel over conventional fossil fuels, which would boost the market growth in the forecast period. The timetable for the global ban on the sale of fuel vehicles has been clear, which will promote the development of new energy vehicles. Hydrogen energy vehicles are an important branch. Hydrogen is an environmentally friendly gas and also a friendly fuel. With strict restrictions on carbon emissions in various countries, it will stimulate hydrogen as an environmentally friendly energy source.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Gas.
Report Scope
The Hydrogen Gas market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen Gas market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrogen Gas manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yinde Gas
Meijin Energy
Donghua Energy
Sinopec
Huachang Chemical
Segment by Type
Captive Hydrogen
Merchant Hydrogen
Segment by Application
Oil Refining
Ammonia Production
Methanol Production
Steel Production
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hydrogen Gas manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Hydrogen Gas by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Hydrogen Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Hydrogen (H2) gas is an odourless and tasteless gas that is mainly produced through natural gas steam reforming or the electrolysis of water. Lighter than air, it burns with an invisible, clean (carbon-free and soot-free) flame. It is the only fuel gas that does not contain any carbon atoms.
The global Hydrogen Gas market was valued at US$ 181630 million in 2023 and is anticipated to reach US$ 223770 million by 2030, witnessing a CAGR of 2.7% during the forecast period 2024-2030.
Hydrogen produced through renewable-powered electrolysis is used as a fuel in vehicles, or it is stored and used later in fuel cells to generate electricity. Furthermore, some of the major countries, such as Germany, Japan, and the U.S., are looking to adopt hydrogen as transportation fuel over conventional fossil fuels, which would boost the market growth in the forecast period. The timetable for the global ban on the sale of fuel vehicles has been clear, which will promote the development of new energy vehicles. Hydrogen energy vehicles are an important branch. Hydrogen is an environmentally friendly gas and also a friendly fuel. With strict restrictions on carbon emissions in various countries, it will stimulate hydrogen as an environmentally friendly energy source.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Gas.
Report Scope
The Hydrogen Gas market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydrogen Gas market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrogen Gas manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yinde Gas
Meijin Energy
Donghua Energy
Sinopec
Huachang Chemical
Segment by Type
Captive Hydrogen
Merchant Hydrogen
Segment by Application
Oil Refining
Ammonia Production
Methanol Production
Steel Production
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hydrogen Gas manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Hydrogen Gas by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Hydrogen Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Hydrogen Gas Market Overview
1.1 Product Definition
1.2 Hydrogen Gas Segment by Type
1.2.1 Global Hydrogen Gas Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Captive Hydrogen
1.2.3 Merchant Hydrogen
1.3 Hydrogen Gas Segment by Application
1.3.1 Global Hydrogen Gas Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Oil Refining
1.3.3 Ammonia Production
1.3.4 Methanol Production
1.3.5 Steel Production
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Hydrogen Gas Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Hydrogen Gas Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Hydrogen Gas Production Estimates and Forecasts (2019-2030)
1.4.4 Global Hydrogen Gas Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Hydrogen Gas Production Market Share by Manufacturers (2019-2024)
2.2 Global Hydrogen Gas Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Hydrogen Gas, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Hydrogen Gas Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Hydrogen Gas Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Hydrogen Gas, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Hydrogen Gas, Product Offered and Application
2.8 Global Key Manufacturers of Hydrogen Gas, Date of Enter into This Industry
2.9 Hydrogen Gas Market Competitive Situation and Trends
2.9.1 Hydrogen Gas Market Concentration Rate
2.9.2 Global 5 and 10 Largest Hydrogen Gas Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Hydrogen Gas Production by Region
3.1 Global Hydrogen Gas Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Hydrogen Gas Production Value by Region (2019-2030)
3.2.1 Global Hydrogen Gas Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Hydrogen Gas by Region (2025-2030)
3.3 Global Hydrogen Gas Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Hydrogen Gas Production by Region (2019-2030)
3.4.1 Global Hydrogen Gas Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Hydrogen Gas by Region (2025-2030)
3.5 Global Hydrogen Gas Market Price Analysis by Region (2019-2024)
3.6 Global Hydrogen Gas Production and Value, Year-over-Year Growth
3.6.1 North America Hydrogen Gas Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Hydrogen Gas Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Hydrogen Gas Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Hydrogen Gas Production Value Estimates and Forecasts (2019-2030)
4 Hydrogen Gas Consumption by Region
4.1 Global Hydrogen Gas Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Hydrogen Gas Consumption by Region (2019-2030)
4.2.1 Global Hydrogen Gas Consumption by Region (2019-2024)
4.2.2 Global Hydrogen Gas Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Hydrogen Gas Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Hydrogen Gas Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Hydrogen Gas Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Hydrogen Gas Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Hydrogen Gas Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Hydrogen Gas Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Hydrogen Gas Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Hydrogen Gas Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Hydrogen Gas Production by Type (2019-2030)
5.1.1 Global Hydrogen Gas Production by Type (2019-2024)
5.1.2 Global Hydrogen Gas Production by Type (2025-2030)
5.1.3 Global Hydrogen Gas Production Market Share by Type (2019-2030)
5.2 Global Hydrogen Gas Production Value by Type (2019-2030)
5.2.1 Global Hydrogen Gas Production Value by Type (2019-2024)
5.2.2 Global Hydrogen Gas Production Value by Type (2025-2030)
5.2.3 Global Hydrogen Gas Production Value Market Share by Type (2019-2030)
5.3 Global Hydrogen Gas Price by Type (2019-2030)
6 Segment by Application
6.1 Global Hydrogen Gas Production by Application (2019-2030)
6.1.1 Global Hydrogen Gas Production by Application (2019-2024)
6.1.2 Global Hydrogen Gas Production by Application (2025-2030)
6.1.3 Global Hydrogen Gas Production Market Share by Application (2019-2030)
6.2 Global Hydrogen Gas Production Value by Application (2019-2030)
6.2.1 Global Hydrogen Gas Production Value by Application (2019-2024)
6.2.2 Global Hydrogen Gas Production Value by Application (2025-2030)
6.2.3 Global Hydrogen Gas Production Value Market Share by Application (2019-2030)
6.3 Global Hydrogen Gas Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Linde Group
7.1.1 Linde Group Hydrogen Gas Corporation Information
7.1.2 Linde Group Hydrogen Gas Product Portfolio
7.1.3 Linde Group Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Linde Group Main Business and Markets Served
7.1.5 Linde Group Recent Developments/Updates
7.2 Air Liquide
7.2.1 Air Liquide Hydrogen Gas Corporation Information
7.2.2 Air Liquide Hydrogen Gas Product Portfolio
7.2.3 Air Liquide Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Air Liquide Main Business and Markets Served
7.2.5 Air Liquide Recent Developments/Updates
7.3 Air Products
7.3.1 Air Products Hydrogen Gas Corporation Information
7.3.2 Air Products Hydrogen Gas Product Portfolio
7.3.3 Air Products Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Air Products Main Business and Markets Served
7.3.5 Air Products Recent Developments/Updates
7.4 Air Water
7.4.1 Air Water Hydrogen Gas Corporation Information
7.4.2 Air Water Hydrogen Gas Product Portfolio
7.4.3 Air Water Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Air Water Main Business and Markets Served
7.4.5 Air Water Recent Developments/Updates
7.5 Taiyo Nippon Sanso
7.5.1 Taiyo Nippon Sanso Hydrogen Gas Corporation Information
7.5.2 Taiyo Nippon Sanso Hydrogen Gas Product Portfolio
7.5.3 Taiyo Nippon Sanso Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Taiyo Nippon Sanso Main Business and Markets Served
7.5.5 Taiyo Nippon Sanso Recent Developments/Updates
7.6 Messer Group
7.6.1 Messer Group Hydrogen Gas Corporation Information
7.6.2 Messer Group Hydrogen Gas Product Portfolio
7.6.3 Messer Group Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Messer Group Main Business and Markets Served
7.6.5 Messer Group Recent Developments/Updates
7.7 Yinde Gas
7.7.1 Yinde Gas Hydrogen Gas Corporation Information
7.7.2 Yinde Gas Hydrogen Gas Product Portfolio
7.7.3 Yinde Gas Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Yinde Gas Main Business and Markets Served
7.7.5 Yinde Gas Recent Developments/Updates
7.8 Meijin Energy
7.8.1 Meijin Energy Hydrogen Gas Corporation Information
7.8.2 Meijin Energy Hydrogen Gas Product Portfolio
7.8.3 Meijin Energy Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Meijin Energy Main Business and Markets Served
7.7.5 Meijin Energy Recent Developments/Updates
7.9 Donghua Energy
7.9.1 Donghua Energy Hydrogen Gas Corporation Information
7.9.2 Donghua Energy Hydrogen Gas Product Portfolio
7.9.3 Donghua Energy Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Donghua Energy Main Business and Markets Served
7.9.5 Donghua Energy Recent Developments/Updates
7.10 Sinopec
7.10.1 Sinopec Hydrogen Gas Corporation Information
7.10.2 Sinopec Hydrogen Gas Product Portfolio
7.10.3 Sinopec Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sinopec Main Business and Markets Served
7.10.5 Sinopec Recent Developments/Updates
7.11 Huachang Chemical
7.11.1 Huachang Chemical Hydrogen Gas Corporation Information
7.11.2 Huachang Chemical Hydrogen Gas Product Portfolio
7.11.3 Huachang Chemical Hydrogen Gas Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Huachang Chemical Main Business and Markets Served
7.11.5 Huachang Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Hydrogen Gas Industry Chain Analysis
8.2 Hydrogen Gas Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Hydrogen Gas Production Mode & Process
8.4 Hydrogen Gas Sales and Marketing
8.4.1 Hydrogen Gas Sales Channels
8.4.2 Hydrogen Gas Distributors
8.5 Hydrogen Gas Customers
9 Hydrogen Gas Market Dynamics
9.1 Hydrogen Gas Industry Trends
9.2 Hydrogen Gas Market Drivers
9.3 Hydrogen Gas Market Challenges
9.4 Hydrogen Gas Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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