Hydrogen is the most abundant chemical element on the Earth, comprising 75% of its mass. Hydrogen atoms are present in water, plants, and animals. But it is very scarce as a gas – less than one part per million by volume. Consequently, it is expensive to produce hydrogen, which must be produced from fossil fuels and then stored for use as energy. That process – known as carbon capture and storage (CCS) – can be up to seven times more expensive than generating electricity from renewables backed by battery storage.

Market Dynamics:

The global clean hydrogen market is gaining momentum owing to the increasing demand for carbon alternative fuels from various industries. The market is further fueled by the favorable government bodies’ policies that support hydrogen economy. Furthermore, the increased use of hydrogen for charging fuel cell vehicles (FCV) to minimize emissions and air pollution is again driving growth of the market.

On the other hand, high cost of production is expected to hamper the market growth.

Key features of the study:

• This report provides in-depth analysis of the global clean hydrogen market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global clean hydrogen market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Linde Plc, Air Liquide, Engie, Uniper Se, Air Products Inc, Clean Hydrogen System, Cummins Inc, Toshiba Energy Systems & Solutions Corporation, Nel Asa, and Sgh2 Energy
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global clean hydrogen market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global clean hydrogen market

Detailed Segmentation:

• Global Clean Hydrogen Market, By Technology
  • Alkaline Electrolyzer
  • Pem Electrolyzer
  • Soe Electrolyzer
• Global Clean Hydrogen Market, By End User
  • Transport
  • Industrial
  • Power Generation
  • Others
• Global Clean Hydrogen Market, By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • Linde Plc
  • Air Liquide
  • Engie
  • Uniper Se
  • Air Products Inc
  • Clean Hydrogen System
  • Cummins Inc.
  • Toshiba Energy Systems & Solutions Corporation
  • Nel Asa
  • Sgh2 Energy