Grey Hydrogen Market Size & Share, by Source (Natural Gas, Coal); Production (Steam Reformation, Gasification); Application (Ammonia Production, Methanol Production, Refineries, Chemical Production) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5477
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Companies Dominating the Grey Hydrogen Landscape

    • Linde plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Air Products and Chemicals, Inc.
    • Exxon Mobil Corporation.
    • Iberdrola, S.A.
    • Air Liquide
    • Reliance Industries Limited. 
    • Indian Oil Corporation Ltd
    • Messer SE & Co. KGaA 
    • Ørsted
    • China National Petroleum Corporation

Browse Key Market Insights with Data Illustration:


In The News

  • The first hydrogen refueling system for passenger trains was introduced by Linde. It is anticipated to refill 14 passenger trains fueled by hydrogen, enabling each train to travel 1000 kilometers without emitting any emissions on a single refueling. With a daily total capacity of 1600 kg of hydrogen, the plant is among the biggest hydrogen refueling systems ever constructed. The facility is outfitted with cutting-edge technology to incorporate green hydrogen production on-site in the future.
  • To generate hydrogen from natural gas, Air Products and Chemicals Inc. intends to construct a $1.3 billion plant in Edmonton, which it hopes to open in 2024. The company has signed a construction-related memorandum of understanding. The deal is still contingent on additional talks for incentives from the federal and Albertan governments, including a $15 million contribution from the province's emissions reduction fund.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5477
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing use in industrial applications, demand in the fertilizer industry, and increased use of hydrogen in the petrochemical industry are some of the major drivers for the grey hydrogen market.

The market size of grey hydrogen is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2024-2036.

The major players in the market are Air Products and Chemicals, Inc., Exxon Mobil Corporation., Iberdrola, S.A., Air Liquide, Reliance Industries Limited., Indian Oil Corporation Ltd, Messer SE & Co. KGaA, Ørsted, China National Petroleum Corporation, JERA Co., Inc, and others.

The Natural Gas segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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