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Hydrogen Generation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global hydrogen generation market reached a value of US$ 122.6 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Hydrogen can be generated using different processes and diverse resources. For instance, the thermochemical process requires the utilization of fossil fuels to release hydrogen, while in other processes, water is split into hydrogen and oxygen via electrolysis or solar energy. At present, new methods are being introduced using bacteria and algae, which are also economical, efficient, and environment friendly. Nowadays, the demand for hydrogen generation is escalating in refining petroleum, treating metals, producing fertilizers, and processing food products. Besides this, it is also gaining traction as a fuel in electric vehicles (EVs) worldwide.

The rising energy demand, in confluence with the growing environmental concerns, represents one of the main factors fueling the need for sustainable energy sources like hydrogen. Moreover, governing authorities of numerous countries are implementing stringent regulations to reduce carbon emissions in the automotive sector, which is boosting the sales of EVs worldwide. This, in confluence with the extensive application of hydrogen as a coolant in power plant generators, is propelling the market growth. Apart from this, several projects are being funded to decrease costs as well as the environmental impacts of hydrogen production technologies. For instance, hydrogen generation using nuclear energy is considered an economical solution for minimizing carbon footprint and meeting the critical global climate challenge. This, in turn, is anticipated to catalyze the demand for hydrogen generation in glass purification, fertilizer production, and semiconductor manufacturing across the globe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrogen generation market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on technology, application and systems type.

Breakup by Technology:

  • Coal Gasification
  • Steam Methane Reforming
  • Others
     

Breakup by Application:

  • Methanol Production
  • Ammonia Production
  • Petroleum Refinery
  • Transportation
  • Power Generation
  • Others
     

Breakup by Systems Type:

  • Merchant
  • Captive
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Air Liquide International S.A., Air Products Inc, CLAIND srl, INOX Air Products Ltd., Linde plc, Mahler AGS GmbH, McPhy Energy S.A., Messer Group GmbH, NEL Hydrogen, Taiyo Nippon Sanso Corporation, Weldstar Inc. and Xebec Adsorption Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Technology, Application, Systems Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Air Liquide International S.A., Air Products Inc, CLAIND srl, INOX Air Products Ltd., Linde plc, Mahler AGS GmbH, McPhy Energy S.A., Messer Group GmbH, NEL Hydrogen, Taiyo Nippon Sanso Corporation, Weldstar Inc. and Xebec Adsorption Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global hydrogen generation market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global hydrogen generation market?
  • What are the key regional markets?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the systems type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global hydrogen generation market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Hydrogen Generation Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Technology
    6.1    Coal Gasification
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Steam Methane Reforming
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Application
    7.1    Methanol Production
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Ammonia Production
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Petroleum Refinery
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Transportation
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Power Generation
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Systems Type
    8.1    Merchant
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Captive
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Air Liquide International S.A.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Air Products Inc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    CLAIND srl
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    INOX Air Products Ltd.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Linde plc
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Mahler AGS GmbH
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    McPhy Energy S.A.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
        14.3.8    Messer Group GmbH
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    NEL Hydrogen
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
        14.3.10    Taiyo Nippon Sanso Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Weldstar Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Xebec Adsorption Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Hydrogen Generation Market: Major Drivers and Challenges
Figure 2: Global: Hydrogen Generation Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Hydrogen Generation Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Hydrogen Generation Market: Breakup by Technology (in %), 2020
Figure 5: Global: Hydrogen Generation Market: Breakup by Application (in %), 2020
Figure 6: Global: Hydrogen Generation Market: Breakup by Systems Type (in %), 2020
Figure 7: Global: Hydrogen Generation Market: Breakup by Region (in %), 2020
Figure 8: Global: Hydrogen Generation (Coal Gasification) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Hydrogen Generation (Coal Gasification) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Hydrogen Generation (Steam Methane Reforming) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Hydrogen Generation (Steam Methane Reforming) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Hydrogen Generation (Other Technologies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Hydrogen Generation (Other Technologies) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Hydrogen Generation (Methanol Production) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Hydrogen Generation (Methanol Production) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Hydrogen Generation (Ammonia Production) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Hydrogen Generation (Ammonia Production) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Hydrogen Generation (Petroleum Refinery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Hydrogen Generation (Petroleum Refinery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Hydrogen Generation (Transportation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Hydrogen Generation (Transportation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Hydrogen Generation (Power Generation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Hydrogen Generation (Power Generation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Hydrogen Generation (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Hydrogen Generation (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Hydrogen Generation (Merchant) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Hydrogen Generation (Merchant) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Hydrogen Generation (Captive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Hydrogen Generation (Captive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia-Pacific: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia-Pacific: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Hydrogen Generation Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Hydrogen Generation Market: Breakup by Country (in %), 2020
Figure 78: Middle East and Africa: Hydrogen Generation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Global: Hydrogen Generation Industry: SWOT Analysis
Figure 80: Global: Hydrogen Generation Industry: Value Chain Analysis
Figure 81: Global: Hydrogen Generation Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Hydrogen Generation Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Hydrogen Generation Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 3: Global: Hydrogen Generation Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Hydrogen Generation Market Forecast: Breakup by Systems Type (in Million US$), 2021-2026
Table 5: Global: Hydrogen Generation Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Hydrogen Generation Market: Competitive Structure
Table 7: Global: Hydrogen Generation Market: Key Players

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