Top 12 Hydrogen Generation Companies in the World

The global hydrogen generation market reached a value of US$ 163.1 Billion in 2023. As per the analysis by IMARC Group, the top hydrogen generation companies are focusing on introducing cost-effective and energy saving hydrogen stations. Additionally, significant developments and cost reduction by key players are positively influencing the market growth. Other than this, key players are focusing on research and development (R&D) activities in order to enhance their product portfolio. Moreover, they are extensively investing in hydrogen production and exports, which is creating a positive market outlook. Furthermore, they are also funding the development of hydrogen infrastructure, including the construction of hydrogen refurling stations and pipelines. Apart from this, several leading players are collaborating and forming partnerships to share knowledge and resources and accelerate the development and deployment of hydrogen technologies. By 2032, the market value is expected to reach US$ 270.0 Billion, growing at a projected CAGR of 5.6% during 2024-2032.

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List of Top Companies Operating in the Hydrogen Generation Industry:

The global personal protective equipment (PPE) market has several major players including 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. More information about these companies has been provided below.

1. Air Liquide International S.A.

Air Liquide International S.A. is a world leader in technologies, gases, and services for industry and health. The company offers its services and products in 73 nations across the globe. Its mission is to support its customers' performance by providing innovative solutions that optimize energy efficiency, reduce environmental impacts, and improve product quality and safety.

2. Air Products Inc.

Air Products Inc. is a global leader in supplying essential industrial gases, related equipment, and applications expertise. The company’s product portfolio offers liquefied natural gas procedure technology and equipment. The company develops, engineers, builds, owns, and operates some of the largest industrial gas projects, including gasification projects.

3. CLAIND srl

Claind srl is an innovation-oriented company, which mainly produces nitrogen, hydrogen, and air generator. The major customers of this company include analysis laboratories, laser cutting, and food and beverage companies. Moreover, the key focus of its products are reliability, design, and simplicity with innovation being an integral part of the company.

4. INOX Air Products Ltd.

INOX Air Products Ltd. is a global company known for manufacturing and supplying industrial gases and specialty mixtures. The INOX Group established a joint venture with Air Products Inc., USA, to be known as INOX Air India Ltd. The company is on a mission to empower the communities around us.

5. Linde Plc

Linde Plc is a leading industrial gases and engineering company with a mission to make the world more productive. The company provides high-quality solutions, technologies, and services, which is enabling its customers to sustain, decarbonize, and protect the planet. Apart from this, it offers state-of-the-art gas processing solutions to support customer expansion, emission reductions, and efficiency improvements.

6. Mahler AGS GmbH

Mahler AGS GmbH, is a renowned company manufacturing and supplying cost-effective, safe and reliable gas generation and purification plants of various gases. The company possess an experience of more than 60 years in plant design and engineering that guarantees high operational availability of these plants. It also offers its services with hydrogen, oxygen, and nitrogen gases.

7. McPhy Energy S.A.

McPhy Energy S.A. leading player in hydrogen production and distribution equipment. It contributes to the global development of low-carbon hydrogen as a solution for the energy transition. Furthermore, the mission of the company is to drive clean energy forward.

8. Messer Group GmbH

Messer Group GmbH is a 120-year-old brand in the field of industrial gases and welding and cutting technology. Known for its competency, the brand acts in a future-oriented manner while using its expertise and experience to develop new markets. The company also offers a wide range of technical and medical gases, along with food and specialty gases.

9. NEL Hydrogen

NEL Hydrogen is a leading company in the hydrogen generation industry, which empowers generations with clean energy. The company’s technology enables individuals and businesses to use hydrogen on a daily basis. It offers optimal solutions to produce and distribute hydrogen from renewable energy.

10. Taiyo Nippon Sanso Corporation

In 2004, Taiyo Nippon Sanso Group merged with Taiyo Toyo Sanso Co. Ltd. to form Taiyo Nippon Sanso Corporation. It offers a stable supply of industrial gases to a wide range of industries. The company offers its products and services in a network of 29 nations. The company extensively invests in research and development (R&D), which has enabled it to work on advancing cryogenic, high-pressure, vacuum, separation, and gas control technologies especially in the development of air separation of units.

11. Weldstar Inc.

Weldstar Inc. is a leading distributor of welding equipment, industrial and specialty gases, accessories, and supplies. It is uniquely positioned to maintain its high level of continuity, commitment, and consistency. The company is a member of the prestigious IWDC group, which represents more than 140 independent welding and gas distributors.

12. Xebec Adsorption Inc.

Xebec Adsorption Inc. is a key player in the hydrogen generation industry, specializing in clean air and gas. The company has an expertise and experience, which has led to its evolution into renewable energy, developing products, systems, and technology solutions.

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