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Hydrogen Market Size, Industry Outlook And Forecast For 2031 - Air Products and Chemicals, Inc,The Linde Group,L'Air Liquide S.A,Taiyo Nippon Sanso Corp,Air Water Inc
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According to The Business Research Company's hydrogen market report, the global hydrogen market reached a value of nearly $9.80 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.5% since 2015. The hydrogen market is expected to grow from $9.80 billion in 2020 to $12.17 billion in 2025 at a rate of 4.4%. The growth in the hydrogen market is mainly due to the growing demand from energy, oil and gas end user industries which is expected to drive the demand for hydrogen. The hydrogen market is expected to grow from $12.17 billion in 2025 to $15.01 billion in 2030 at a CAGR of 4.3%.
Hydrogen gas mergers and acquisitions (M&A) are expected to increase in the coming years, building on a strong year of activity in 2018 and 2019 where companies like Air Liquide, Praxair acquired other companies at high values.
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The hydrogen market is segmented -
• By Mode Of Distribution: Pipeline, High Pressure Tube Trailers, Cylinder
• By End User: Chemicals, Refining, Aerospace And Automotive, Energy, Glass, Welding And Metal Fabrication, Others
• By Application: Chemical, Refinery, Metal Processing, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the hydrogen market.
Major competitors in the hydrogen market include Air Products and Chemicals, Inc, The Linde Group, L'Air Liquide S.A, Taiyo Nippon Sanso Corp, Air Water Inc.
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https://www.thebusinessresearchcompany.com/report/hydrogen-market
The hydrogen market consists of the sales of hydrogen by entities (organizations, sole traders or partnerships) that manufacture hydrogen ingas or liquid forms. Hydrogen is an active agent in oil refineries and an important ingredient in a range of other industries including chemical production, metal refining, food processing and electronics manufacturing. Only goods and services traded between entities or sold to end consumers are included.
The Table Of Content For The Hydrogen Market Include:
1. Hydrogen Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
22. Hydrogen Market Opportunities & Strategies
23. Hydrogen Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Hydrogen Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
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