Industry: Chemical & Material
Published Date: 2024-09-21
Pages: 106 Pages
Report ld: 3324582
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Industrial Hydrogen Market Size(US$)

CAGR 2024-2030
2%
Market Size,2030
USD 141,380
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Hydrogen (H2) 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 Industrial Hydrogen revenue was US$ 123320 million in 2023 and is forecast to a readjusted size of US$ 141380 million by 2030 with a CAGR of 2.0% during the review period (2024-2030).
In Japan the Industrial Hydrogen revenue is expected to grow from US$ million in 2023 to US$ million by 2030, at a CAGR of % during the forecast period (2024-2030).
This report focuses on global and Japan Industrial Hydrogen market, also covers the segmentation data of other regions in regional level and county level.
Global Industrial Hydrogen key players include Linde Group, Air Liquide, Air Products, Air Water, Taiyo Nippon Sanso, etc. Global top five manufacturers hold a share over 5%. Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share about 30% percent. In terms of product, Captive Hydrogen is the largest segment, with a share over 80%. And in terms of application, the largest application is Oil Refining, followed by Ammonia Production & Methanol Production.
The industrial hydrogen market is witnessing rapid growth, primarily fueled by the global transition toward cleaner energy and decarbonization. Hydrogen is increasingly used in industries such as refining, chemicals, steel production, and ammonia synthesis, but the focus on green hydrogen—produced through renewable energy sources—has gained significant attention. Governments and industries are investing heavily in hydrogen infrastructure to support its role in energy storage, fuel cell technology, and as a carbon-free energy carrier for sectors like transportation and heavy industry. However, challenges such as the high cost of green hydrogen production and the need for large-scale infrastructure development may affect its near-term adoption. Nonetheless, as climate policies tighten, the industrial hydrogen market is expected to grow substantially over the coming decades.
Industrial Hydrogen market is segmented in regional and country level, by players, by Type, and by Application. Companies, stakeholders, and other participants in the global Industrial Hydrogen market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2019-2030.
For Japan market, this report focuses on the Industrial Hydrogen market size by players, by Type, and by Application, for the period 2019-2030. The key players include the global and local players which play important roles in Japan.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces Industrial Hydrogen definition, global sales (volume and revenue), Japan market size, Japan percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Industrial Hydrogen companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of Industrial Hydrogen in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by Type, by Application and by country, sales, and revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, sales, and revenue for each segment.
Chapter 8: China by Type, and by Application, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Industrial Hydrogen sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: research findings and conclusion
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Industrial Hydrogen Product Introduction
1.2 Global Industrial Hydrogen Outlook 2019 VS 2023 VS 2030
1.2.1 Global Industrial Hydrogen Sales in US$ Million for the Year 2019-2030
1.2.2 Global Industrial Hydrogen Sales in Volume for the Year 2019-2030
1.3 Japan Industrial Hydrogen Outlook 2019 VS 2023 VS 2030
1.3.1 Japan Industrial Hydrogen Sales in US$ Million for the Year 2019-2030
1.3.2 Japan Industrial Hydrogen Sales in Volume for the Year 2019-2030
1.4 Industrial Hydrogen Market Size, Japan VS Global, 2019 VS 2023 VS 2030
1.4.1 The Market Share of Japan Industrial Hydrogen in Global, 2019 VS 2023 VS 2030
1.4.2 The Growth Rate of Industrial Hydrogen Market Size, Japan VS Global, 2019 VS 2023 VS 2030
1.5 Industrial Hydrogen Market Dynamics
1.5.1 Industrial Hydrogen Industry Trends
1.5.2 Industrial Hydrogen Market Drivers
1.5.3 Industrial Hydrogen Market Challenges
1.5.4 Industrial Hydrogen Market Restraints
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Industrial Hydrogen by Type
2.1 Industrial Hydrogen Market by Type
2.1.1 Captive Hydrogen
2.1.2 Merchant Hydrogen
2.2 Global Industrial Hydrogen Market Size by Type
2.2.1 Global Industrial Hydrogen Sales in Value, by Type (2019, 2023 & 2030)
2.2.2 Global Industrial Hydrogen Sales in Volume, by Type (2019, 2023 & 2030)
2.2.3 Global Industrial Hydrogen Average Selling Price (ASP) by Type (2019, 2023 & 2030)
2.3 Japan Industrial Hydrogen Market Size by Type
2.3.1 Japan Industrial Hydrogen Sales in Value, by Type (2019, 2023 & 2030)
2.3.2 Japan Industrial Hydrogen Sales in Volume, by Type (2019, 2023 & 2030)
2.3.3 Japan Industrial Hydrogen Average Selling Price (ASP) by Type (2019, 2023 & 2030)
3 Industrial Hydrogen by Application
3.1 Industrial Hydrogen Market by Application
3.1.1 Oil Refining
3.1.2 Ammonia Production
3.1.3 Methanol Production
3.1.4 Steel Production
3.1.5 Others
3.2 Global Industrial Hydrogen Market Size by Application
3.2.1 Global Industrial Hydrogen Sales in Value, by Application (2019, 2023 & 2030)
3.2.2 Global Industrial Hydrogen Sales in Volume, by Application (2019, 2023 & 2030)
3.2.3 Global Industrial Hydrogen Average Selling Price (ASP) by Application (2019, 2023 & 2030)
3.3 Japan Industrial Hydrogen Market Size by Application
3.3.1 Japan Industrial Hydrogen Sales in Value, by Application (2019, 2023 & 2030)
3.3.2 Japan Industrial Hydrogen Sales in Volume, by Application (2019, 2023 & 2030)
3.3.3 Japan Industrial Hydrogen Average Selling Price (ASP) by Application (2019, 2023 & 2030)
4 Global Industrial Hydrogen Competitor Landscape by Company
4.1 Global Industrial Hydrogen Market Size by Company
4.1.1 Global Key Manufacturers of Industrial Hydrogen, Ranked by Revenue (2023)
4.1.2 Global Industrial Hydrogen Revenue by Manufacturer (2019-2024)
4.1.3 Global Industrial Hydrogen Sales by Manufacturer (2019-2024)
4.1.4 Global Industrial Hydrogen Price by Manufacturer (2019-2024)
4.2 Global Industrial Hydrogen Concentration Ratio (CR)
4.2.1 Industrial Hydrogen Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Industrial Hydrogen in 2023
4.2.3 Global Industrial Hydrogen Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Industrial Hydrogen, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Industrial Hydrogen, Product Offered and Application
4.5 Global Key Manufacturers of Industrial Hydrogen, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 Japan Industrial Hydrogen Market Size by Company
4.7.1 Key Players of Industrial Hydrogen in Japan, Ranked by Revenue (2023)
4.7.2 Japan Industrial Hydrogen Revenue by Players (2019-2024)
4.7.3 Japan Industrial Hydrogen Sales by Players (2019-2024)
5 Global Industrial Hydrogen Market Size by Region
5.1 Global Industrial Hydrogen Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Industrial Hydrogen Market Size in Volume by Region (2019-2030)
5.2.1 Global Industrial Hydrogen Sales in Volume by Region: 2019-2024
5.2.2 Global Industrial Hydrogen Sales in Volume Forecast by Region (2025-2030)
5.3 Global Industrial Hydrogen Market Size in Value by Region (2019-2030)
5.3.1 Global Industrial Hydrogen Sales in Value by Region: 2019-2024
5.3.2 Global Industrial Hydrogen Sales in Value by Region: 2025-2030
6 Americas
6.1 Americas Industrial Hydrogen Market Size YoY Growth 2019-2030
6.2 Americas Industrial Hydrogen Sales in Volume, by Type (2019, 2023 & 2030)
6.3 Americas Industrial Hydrogen Sales in Volume, by Application (2019, 2023 & 2030)
6.4 Americas Industrial Hydrogen Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 Americas Industrial Hydrogen Sales in Value by Country (2019, 2023 & 2030)
6.4.2 Americas Industrial Hydrogen Sales in Volume by Country (2019, 2023 & 2030)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil
7 EMEA
7.1 EMEA Industrial Hydrogen Market Size YoY Growth 2019-2030
7.2 EMEA Industrial Hydrogen Sales in Volume, by Type (2019, 2023 & 2030)
7.3 EMEA Industrial Hydrogen Sales in Volume, by Application (2019, 2023 & 2030)
7.4 EMEA Industrial Hydrogen Market Facts & Figures by Country (2019, 2023 & 2030)
7.4.1 EMEA Industrial Hydrogen Sales in Value by Country (2019, 2023 & 2030)
7.4.2 EMEA Industrial Hydrogen Sales in Volume by Country (2019, 2023 & 2030)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa
8 China
8.1 China Industrial Hydrogen Market Size YoY Growth 2019-2030
8.2 China Industrial Hydrogen Sales in Volume, by Type (2019, 2023 & 2030)
8.3 China Industrial Hydrogen Sales in Volume, by Application (2019, 2023 & 2030)
9 APAC
9.1 APAC Industrial Hydrogen Market Size YoY Growth 2019-2030
9.2 APAC Industrial Hydrogen Sales in Volume, by Type (2019, 2023 & 2030)
9.3 APAC Industrial Hydrogen Sales in Volume, by Application (2019, 2023 & 2030)
9.4 APAC Industrial Hydrogen Market Facts & Figures by Country (2019, 2023 & 2030)
9.4.1 APAC Industrial Hydrogen Sales in Value by Country (2019, 2023 & 2030)
9.4.2 APAC Industrial Hydrogen Sales in Volume by Country (2019, 2023 & 2030)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India
10 Company Profiles
10.1 Linde Group
10.1.1 Linde Group Company Information
10.1.2 Linde Group Description and Business Overview
10.1.3 Linde Group Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.1.4 Linde Group Industrial Hydrogen Products Offered
10.1.5 Linde Group Recent Development
10.2 Air Liquide
10.2.1 Air Liquide Company Information
10.2.2 Air Liquide Description and Business Overview
10.2.3 Air Liquide Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.2.4 Air Liquide Industrial Hydrogen Products Offered
10.2.5 Air Liquide Recent Development
10.3 Air Products
10.3.1 Air Products Company Information
10.3.2 Air Products Description and Business Overview
10.3.3 Air Products Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.3.4 Air Products Industrial Hydrogen Products Offered
10.3.5 Air Products Recent Development
10.4 Air Water
10.4.1 Air Water Company Information
10.4.2 Air Water Description and Business Overview
10.4.3 Air Water Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.4.4 Air Water Industrial Hydrogen Products Offered
10.4.5 Air Water Recent Development
10.5 Taiyo Nippon Sanso
10.5.1 Taiyo Nippon Sanso Company Information
10.5.2 Taiyo Nippon Sanso Description and Business Overview
10.5.3 Taiyo Nippon Sanso Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.5.4 Taiyo Nippon Sanso Industrial Hydrogen Products Offered
10.5.5 Taiyo Nippon Sanso Recent Development
10.6 Messer Group
10.6.1 Messer Group Company Information
10.6.2 Messer Group Description and Business Overview
10.6.3 Messer Group Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.6.4 Messer Group Industrial Hydrogen Products Offered
10.6.5 Messer Group Recent Development
10.7 Yingde Gases
10.7.1 Yingde Gases Company Information
10.7.2 Yingde Gases Description and Business Overview
10.7.3 Yingde Gases Industrial Hydrogen Sales, Revenue and Gross Margin (2019-2024)
10.7.4 Yingde Gases Industrial Hydrogen Products Offered
10.7.5 Yingde Gases Recent Development
11 Industry Chain and Sales Channels Analysis
11.1 Industrial Hydrogen Industry Chain Analysis
11.2 Industrial Hydrogen Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Industrial Hydrogen Production Mode & Process
11.4 Industrial Hydrogen Sales and Marketing
11.4.1 Industrial Hydrogen Sales Channels
11.4.2 Industrial Hydrogen Distributors
11.5 Industrial Hydrogen Customers
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Hydrogen (H2) 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.
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Hydrogen (H2) 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.
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Hydrogen (H2) 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.
Published: 2024-09-21
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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