Press release
Green Hydrogen Market Analysis 2021 Global Insights, Size, Industry Demand, Growth Rate And Opportunity Forecast To 2030
Green Hydrogen Market
The countries covered in the global green hydrogen market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the global green hydrogen market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The green hydrogen market consists of sales of hydrogen-based fuel by entities (organizations, sole traders, and partnerships) that are produced from electrolyzing water by using electricity. Green hydrogen gas is created by dividing water into hydrogen and oxygen using an electrolyzer that can be powered by renewable energy sources. Green hydrogen is environmentally friendly and can be stored and converted back to energy or heat when required.
The global green hydrogen market is expected to grow from $0.58 billion in 2020 to $0.78 billion in 2021 at a compound annual growth rate (CAGR) of 33.8%. The growth of the green hydrogen market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The green hydrogen market is expected to reach $2.94 billion in 2025 at a CAGR of 39.4%.
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Global green hydrogen market segmentation in TBRC’s report is:
1) By Technology: Alkaline Electrolyzer, Proton Exchange Membrane Electrolyzer, Solid Oxide Electrolyzer
2) By Application: Power Generation, Transport, Others
3) By End-Use Industry: Petrochemicals, Food And Beverages, Medical, Chemical, Glass, Others
Major players in the green hydrogen market are Air Liquide, Air Products and Chemicals Inc., Ballard Power Systems, Engie, Fuel Cells Works, Green Hydrogen Systems, Hydrogenics, Linde Plc, Nel Hydrogen, Nikola Motors, Plug Power Inc., Siemens Energy Global GmbH & Co. KG, Solena Group, Toshiba Energy Systems & Solutions Corporation, Enapter, ERGOSUP, Loop Energy Inc., and Tianjin Mainland Hydrogen Equipment Co. Ltd.
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The Table of Contents includes:
1. Executive Summary
2. Green Hydrogen Market Characteristics
3. Green Hydrogen Market Trends And Strategies
4. Impact Of COVID-19 On Green Hydrogen
5. Green Hydrogen Market Size And Growth
.....
27. Green Hydrogen Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Green Hydrogen Market
29. Green Hydrogen Market Future Outlook and Potential Analysis
30. Appendix
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