World - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

World - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights

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Hydrogen Gas Energy

Hydrogen gas energy is a clean and green source of power that has garnered significant attention in recent years. With its ability to produce immense amounts of energy without emitting any harmful pollutants, hydrogen gas is hailed as a promising solution for combating climate change and transitioning to a more sustainable future.

Hydrogen gas can be used in various applications, including generating electricity, heating buildings, fueling vehicles, and powering industrial processes. Its versatility stems from its ability to be produced through different methods, such as electrolysis, biomass gasification, and natural gas reforming.

One of the major advantages of hydrogen gas as an energy source is its high energy density. When compared to conventional fuels like gasoline or diesel, hydrogen gas contains significantly more energy per unit of mass. This makes it an ideal choice for applications that require large amounts of power, such as powering heavy-duty vehicles or industrial machinery.

Furthermore, hydrogen gas can be produced both from renewable and non-renewable sources. When produced using renewable energy sources like solar or wind power, hydrogen becomes a zero-emission fuel, contributing to a more sustainable and carbon-neutral energy system. On the other hand, hydrogen produced from fossil fuels still offers a cleaner alternative to conventional fuels, as it emits only water vapor when burned.

The transportation sector is one area where hydrogen gas energy holds immense potential. Hydrogen fuel cell vehicles (FCVs) use hydrogen gas to generate electricity, with water vapor being the only byproduct. Unlike battery-powered electric vehicles that require lengthy charging times, FCVs can be refueled quickly, offering a similar driving experience to conventional gasoline-powered cars.

In addition to transportation, hydrogen gas energy can also play a crucial role in integrating renewable energy sources into the electricity grid. As renewable energy generation, such as solar and wind, is intermittent in nature, excess energy can be used to produce hydrogen gas through electrolysis. This hydrogen can then be stored and later converted back into electricity through fuel cells or combustion engines when renewable energy supply is low.

Despite its numerous benefits, hydrogen gas energy does have some challenges to overcome. One of the main challenges is the availability and cost-effectiveness of hydrogen production methods. Currently, the most common method for hydrogen production is natural gas reforming, which emits carbon dioxide as a byproduct. Developing and scaling up renewable hydrogen production methods, while reducing costs, is essential to ensure the widespread adoption of this clean energy source.

Infrastructure development is another hurdle in the adoption of hydrogen gas energy. Building and expanding the necessary fueling stations and storage facilities for hydrogen can be costly and time-consuming. However, countries like Japan, Germany, and South Korea are already making significant investments in hydrogen infrastructure to drive its adoption.

In conclusion, hydrogen gas energy offers a clean and versatile solution for meeting our power needs while reducing greenhouse gas emissions. Its ability to be produced from renewable sources makes it a key component in achieving a sustainable energy future. With further advancements in production methods and infrastructure development, hydrogen gas energy has the potential to revolutionize various sectors, from transportation to electricity generation, and help us transition towards a more sustainable and greener world.

This report provides an in-depth analysis of the global hydrogen market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20111150 - Hydrogen

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Dow, Linde, Cummins, Air Products & Chemicals, Ballard Power Systems, Ceres Power, Air Liquide, NES Fircroft, Cleantech Group, China Hydrogen Alliance, Sinopec, China Hydrogen Energy Technology Co., Rosatom, Rosneft, Gazprom, Gazpromneft, Rostec, Reliance Industries Ltd, GAIL, NTPC, Indian Oil Corp, Larsen and Toubro, Bloom Energy Corp, Nikola Corporation

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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