Hydrogen Generation Market

Linde (Germany) and Air Products & Chemicals (US) are the Major Players in the Hydrogen Generation Market

The hydrogen generation market size is expected to grow from an estimated USD 130 billion in 2020 to USD 201 billion by 2025, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application as well as increasing government regulations for desulphurization and greenhouse gas emissions are high growth prospects for the hydrogen generation market during the forecast period.

A few major players that have a wide regional presence dominate the hydrogen generation market. The leading players in the hydrogen generation market include Linde (Germany), Air Products & Chemicals (US), Air Liquide (France), Uniper (Germany), and Engie (France).

The major strategies adopted by these players include contracts & agreements , joint ventures, and partnerships & collaborations. Joint ventures, and partnerships & collaborations were the two most commonly adopted strategy from 2017 to January 2021.

To know about the assumptions considered for the study download the pdf brochure

Air Liquide (France) offers gases, technologies, and services to various end-user industries, such as healthcare, electronics, engineering & construction, and sciences & new energies. The company operates through 6 business segments: industrial merchant, large industries, healthcare, electronics, global markets & technologies, and engineering & construction. Through the engineering & construction and global markets & technologies segments, the company offers hydrogen technologies such as steam methane reformers (SMR), Gas POX - Natural Gas Partial Oxidation, Pressure Swing Adsorption (PSA), SMR-X - Zero Steam Hydrogen Production, PEM (Proton Exchange Membrane), and electrolysis technologies to generate hydrogen fuel. The company is present in 80 countries with approximately 66,000 employees and serves more than 3.7 million customers and patients.

Air Products & Chemicals (US) is a leading company in providing industrial atmospheric & specialty gases, performance materials, and equipment. The company operates its business through two reportable segments, namely, Industrial Gases and Corporate and other. The Industrial Gases segment is further sub-segmented into Americas, EMEA, Asia, and Global. This business segment produces and markets atmospheric gases, such as oxygen, nitrogen, & argon; process gases such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas (a mixture of hydrogen and carbon monoxide); and specialty gases. The company has a focus on contracts & agreement. For instance, in July 2020, Air Products and ThyssenKrupp Uhde Chlorine Engineers signed a strategic cooperation agreement (SCA). The two companies will collaborate exclusively in key regions, using their complementary technology, engineering, and project execution strengths to develop projects supplying green hydrogen.

Related Reports:

Hydrogen Generation Market by Application (Petroleum Refinery, Ammonia & Methanol production, Transportation, Power Generation), Generation & Delivery Mode (Captive, Merchant), Source (Blue, Green & Grey Hydrogen), Technology, and Region-Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
EP 2781
RI Published ON
2/16/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Hydrogen Generation Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved