Merchant Hydrogen: Industrial Gas and Energy Markets
The global production of merchant hydrogen should grow from 8.13 million metric tons in 2020 to 13.57 million metric tons by 2025, at a compound annual growth rate (CAGR) of 10.8% for the period of 2020-2025.
- 48 tables
- A brief overview of the global market for merchant hydrogen technologies within the energy sector
- Analyses of the global market trends, with data corresponding to market size for 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- State-of-the-art trends observed in fuel cell technology as it is one of the fastest growing segments in the merchant hydrogen application areas and a shift towards Green Hydrogen
- New Federal & States incentives and laws supporting utilization of hydrogen and FCV in the U.S.
- Policy Recommendations from IRENA, and economy diversification measures as apart of hydrogen economy by middle eastern states
- Latest information on market opportunities for merchant hydrogen and its future use as an industrial gas and the roles likely played by the emerging hydrogen energy market
- Industry value chain analysis of the merchant hydrogen energy market providing a systematic study of key intermediaries involved, which could expedite stakeholders in formulating appropriate strategies
- Emphasis on the current and emerging applications of merchant hydrogen and its on-site distributed generation
- Insight into the major breakthrough development areas such as biological processing and localized production, research focus, end-use markets, and production technologies
- Profile description of major market players including Amec Foster Wheeler Ltd., Air Liquide, Iwatani International Corp., Linde Ag, Exxon Mobil Corp., Ceramatec, Hydrogenics Corp., and Mitsubishi Hitachi Power Systems Ltd.
This BCC Research study focuses on key hydrogen technologies and applications. It provides data about the size and growth of both captive and merchant hydrogen markets, lists company profiles, and discusses patent trends and industry trends. Cutting-edge developments, research priorities and potential business opportunities are key foci.
The report includes the following:
- Investigation and assessment of the future use of merchant hydrogen as an industrial gas and the roles likely played by the emerging hydrogen energy market.
- Analysis of trends in the market, with data for 2019, estimates for 2020 and projected compound annual growth rates through 2025.
- An overview of the structure of the industry and extensive company profiles of the leading organizations.
- Detailed analyses of research focus, end-use markets and production technologies.
- Analysis of patent and intellectual property activity.
- Market drivers, restraints and opportunities.
- Initiatives of various regions to develop the hydrogen economy.
- Analysis of delivery and storage methods for hydrogen.
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BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
The global production of merchant hydrogen should grow from 8.61 million metric tons in 2018 to reach 11.81 million metric tons by 2023 at a compound annual growth rate (CAGR) of 6.5% for the period of 2018-2023.
- 29 data tables and 12 additional tables
- An overview of the global market for merchant hydrogen
- Analysis of trends in the market, with data for 2017, estimates for 2018 and projected compound annual growth rates through 2023.
- Coverage of cutting-edge development areas such as biological processing and localized production, research focus, end-use markets, and production technologies
- Assessment of patent and intellectual property (IP) activities
- Evaluation of the future use of merchant hydrogen and on-site distributed generation
- Company profiles of the leading players in the industry, including Airgas, Inc., Air Liquide, Air Products and Chemicals, Inc., Linde AG and Praxair, Inc.
The global production of merchant hydrogen was 6.8 million metric tons in 2014, and is expected to reach 7.1 million metric tons in 2015 and 8.5 million metric tons by 2020, with a compound annual growth rate (CAGR) of 3.7% from 2015 to 2020.
- Investigation and assessment of the future use of merchant hydrogen and on-site distributed generation.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of CAGRs through 2020.
- Definitions of individual markets and technical applications for hydrogen.
- Coverage of cutting-edge developments, areas such as biological processing, localized production, and nanotechnology where considerable research dollars are being spent.
- Detailed analyses of research focuses, end-use markets, and production technologies.
- Information on patent and intellectual property (IP) activity.
- An overview of the structure of the industry and extensive company profiles of the leading organizations in the field.
The U.S. Merchant hydrogen market was $3.4 billion in 2011, a value expected to increase to $3.9 billion by the end of 2016, a compound annual growth rate (CAGR) of 2.4%.
Revenues from merchant and on-site hydrogen sales will reach $2.7 billion in 2008, up from $1.8 billion in 2003, at an average annual growth rate (AAGR) of 8.5%.
Revenues for hydrogen packaged in cylinders will decrease from $535.4 million in 2003 to $381.8 million in 2008, for an AAGR of -7.0%.
Dispersed, small-size “on-demand” plants will see revenues rise to $83.3 million in 2008, up from $41.2 million in 2003, at an AAGR of 15.1%.
Liquid hydrogen shipment revenues will increase from $487.8 million in 2003 to $641.5 million in 2008, at an AAGR of 5.6%.
Revenues from on-site plants and pipelines will rise at an AAGR of 16.7% from $735.6 million in 2003 to $1,593.4 million in 2008.