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Grey Hydrogen Market: A Forward-Looking Perspective | Astute Analytica

02-05-2025 07:05 PM CET | Energy & Environment

Press release from: Astute Analytica

Grey Hydrogen Market: A Forward-Looking Perspective | Astute

The ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ ๐ซ๐ž๐ฒ ๐ก๐ฒ๐๐ซ๐จ๐ ๐ž๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ is projected to grow from ๐”๐’$ ๐Ÿ๐Ÿ–๐Ÿ–.๐Ÿ•๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024 to nearly ๐”๐’$ ๐Ÿ,๐Ÿ๐Ÿ๐Ÿ.๐Ÿ”๐Ÿ— ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2050, expanding at a ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ•.๐Ÿ’๐Ÿ“% during the forecast period 2025-2050. As industries seek secure and scalable energy solutions, grey hydrogen continues to play a dominant role in global hydrogen production, with a current annual output of 72 million metric tons.

China leads the market, producing 29 million metric tons annually, largely through coal-based and steam methane reforming (SMR) processes. Major energy corporations such as Aramco contribute 4 million metric tons, reinforcing the significance of grey hydrogen in industrial applications. North America follows closely, generating 15 million metric tons, with key refiners like Marathon Petroleum driving production. The global refining sector alone consumes approximately 18 million metric tons, while fertilizer production is expected to add another 2.5 million metric tons in new capacity by 2024.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: -https://www.astuteanalytica.com/request-sample/grey-hydrogen-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ
๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ: Industrial Decarbonization Initiatives Fueling Grey Hydrogen Demand

Industrial decarbonization strategies are boosting grey hydrogen adoption in energy-intensive sectors.

Germany's refining industry is expected to consume 1.8 million metric tons of grey hydrogen in 2024, powering hydrocrackers and desulfurization units.

Japan's Nippon Steel is running pilot programs integrating 65,000 metric tons of grey hydrogen to partially decarbonize blast furnaces.

A petrochemical hub in Louisiana, U.S., will incorporate 40,000 metric tons to lower emissions in ethylene production.

Middle Eastern refineries are ramping up hydrogen integration, with four large-scale projects underway to meet regional demand.

Companies recognize grey hydrogen's availability and lower capital costs as transitional advantages, despite its higher carbon footprint.

๐“๐ซ๐ž๐ง๐: Expansion of On-Site Grey Hydrogen Facilities for Critical Industries

Industries are investing in on-site hydrogen production to ensure stable supply for refining, chemicals, and power generation.

Alberta, Canada: A leading refinery will commission an 80,000-metric-ton SMR unit for desulfurization.

Basque region, Spain: A fertilizer plant is installing a 15,000-metric-ton hydrogen unit to reduce reliance on external supply chains.

Iowa, U.S.: An ammonia production facility has integrated a 25,000-metric-ton reactor for self-sufficiency.

Jubail, Saudi Arabia: Engineers are developing a 50,000-metric-ton grey hydrogen module next to a petrochemical hub to ensure uninterrupted feedstock availability.

These investments highlight a shift toward decentralized production, lowering logistics costs and minimizing pipeline bottlenecks and port congestion.

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž: Infrastructure Limitations Hindering Efficient Transport and Scaling

Despite its widespread use, grey hydrogen transport and storage infrastructure remains outdated.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: Out of 4,500 kilometers of hydrogen pipelines, many rely on aging steel prone to embrittlement.

๐‰๐š๐ฉ๐š๐ง: Only two dedicated hydrogen import terminals exist, managing 100,000 metric tons, limiting capacity for industrial demand.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: Gulf Coast salt caverns store approximately 1 million kilograms, yet connectivity to key industrial hubs is limited.

India: Rajasthan's largest hydrogen storage site holds just 40,000 kilograms, underscoring supply gaps.

Shipping and road transport challenges further disrupt supply chains:

๐€๐ฎ๐ฌ๐ญ๐ซ๐š๐ฅ๐ข๐š: Hydrogen shipping capacity remains at 2,000 metric tons per month, constrained by limited tanker availability.

๐๐ž๐ฐ ๐™๐ž๐š๐ฅ๐š๐ง๐: A projected shortfall of 6,000 metric tons due to lack of compliant maritime carriers.

๐†๐ž๐ซ๐ฆ๐š๐ง๐ฒ: A rail pilot can move 3,000 kilograms daily, but expansion remains slow.

๐๐จ๐ซ๐ฐ๐š๐ฒ: Engineering firms are retrofitting three vessels for hydrogen transport, but capacity remains below 4,500 kilograms per vessel.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ˆ๐ง๐๐ž๐ฑ ๐จ๐Ÿ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐ญ๐ฎ๐๐ฒ ๐š๐ญ @ย https://www.astuteanalytica.com/industry-report/grey-hydrogen-market

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ซ๐ž๐ฒ ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ:
Air Products and Chemicals, Inc.
Linde plc
Air Liquide
Shell plc
ExxonMobil Corporation
BP plc
TotalEnergies SE
Saudi Aramco
Mitsubishi Heavy Industries Ltd.
Chevron Corporation
Others

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐Œ๐ž๐ญ๐ก๐จ๐
Steam Methane Reforming (SMR)
Partial Oxidation of Hydrocarbons

๐๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž
Natural Gas
Coal

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
Ammonia Production
Methanol Production
Refining Processes
Power Generation
Others

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Chemical Industry
Oil & Gas Industry
Power Generation
Others

๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America
Argentina
Brazil
Rest of South America

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค: ๐Š๐ž๐ฒ ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ ๐š๐ง๐ ๐๐จ๐ฅ๐ข๐œ๐ฒ ๐ˆ๐ฆ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ
The grey hydrogen market is expected to evolve as new storage solutions, infrastructure investments, and hybrid hydrogen models emerge.

Netherlands: A 300-kilometer hydrogen pipeline retrofit is planned to enhance supply chain efficiency.

Singapore: A floating hydrogen barge concept aims to produce 5,000 metric tons for marine industries.

Marseille, France: A 12,000-metric-ton grey hydrogen logistics terminal is under development to enhance regional distribution.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: A 20,000-metric-ton storage terminal is undergoing upgrades to manage rising demand.

๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง

The grey hydrogen market is poised for substantial expansion, driven by industrial demand, supply security concerns, and near-term emission reduction targets. While challenges related to transport infrastructure and carbon emissions persist, cost-effective hydrogen production and decentralized supply models continue reinforcing its market position. With strategic policy support and investment in storage and distribution, grey hydrogen will maintain a dominant role in global energy transitions until large-scale green and blue hydrogen alternatives become widely viable.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:-ย https://www.astuteanalytica.com/request-sample/grey-hydrogen-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

๐†๐ž๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐œ๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ

๐๐ก๐จ๐ง๐ž ๐ง๐ฎ๐ฆ๐›๐ž๐ซ: +18884296757
๐„๐ฆ๐š๐ข๐ฅ: sales@astuteanalytica.com
๐•๐ข๐ฌ๐ข๐ญ ๐จ๐ฎ๐ซ ๐ฐ๐ž๐›๐ฌ๐ข๐ญ๐ž:ย https://www.astuteanalytica.com

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