Product Code: A146226
According to a new report published by Allied Market Research, titled, "Liquid Hydrogen Market," The liquid hydrogen market was valued at $39 billion in 2022, and is estimated to reach $66.3 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032.
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Currently, the production, storage, and transportation of liquid hydrogen are expensive due to the specialized infrastructure required and the energy-intensive production processes. The cost of producing liquid hydrogen is higher compared to other fuels, which can limit its commercial viability, especially in applications where cost competitiveness is a significant factor. Furthermore, liquid hydrogen is highly flammable and can ignite easily when exposed to an ignition source. While precautions are taken to ensure safe handling, the potential for accidents and the need for appropriate safety measures cannot be ignored. The extreme cold temperature of liquid hydrogen can further pose risks to personnel if proper protective equipment & procedures are not followed. This factor is expected to hamper the market growth during the forecast period.
Global energy demand continues to rise due to population growth, urbanization, and economic development. Emerging economies are experiencing rapid industrialization and increase in energy consumption, while developed economies continue to require energy for their economic activities and lifestyles. This increase in demand drives the growth of the energy sector. In addition, there is a global shift toward clean & renewable energy sources driven by concerns over climate change, environmental pollution, and depletion of fossil fuel reserves. Governments, businesses, and individuals are investing in renewable energy technologies such as solar, wind, hydro, and geothermal power. This transition is creating new opportunities and driving growth in the renewable energy sector. Liquid hydrogen serves as an energy storage medium and addressing the intermittent nature of renewable energy sources such as solar and wind power. Excess electricity can be used to produce hydrogen through electrolysis, which can then be stored as liquid hydrogen. This stored energy can be converted back into electricity through fuel cells when needed, providing a reliable & flexible energy storage solution. These factors are creating opportunities during the forecast period.
The liquid hydrogen market is segmented on the basis of distribution, end-use industry, and region. By distribution, it is categorized into, pipelines, cryogenic tanks, and others. Depending on end use-industry, it is divided into aerospace, automotive & transportation, energy & power, industrial sector, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The global liquid hydrogen market profiles leading players that include Iwatani Corporation, Messer Group GmbH., inoxcva, Air Products and Chemicals, Inc., Demaco powered by Leapforce, Linde Plc, Air Liquide, Cryostar, Hylium Industries, Inc., and Plug Power Inc. The market report provides in-depth competitive analysis as well as profiles of these major players.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the liquid hydrogen market analysis from 2022 to 2032 to identify the prevailing liquid hydrogen market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the liquid hydrogen market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global liquid hydrogen market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- Investment Opportunities
- Product Life Cycles
- Regulatory Guidelines
- Strategic Recommedations
- Surgical procedures data- specific or multiple surgery types
- Brands Share Analysis
- Expanded list for Company Profiles
- Product Consumption Analysis
- SWOT Analysis
Key Market Segments
By End Use Industry
- Aerospace
- Automotive and Transportation
- Energy and Power
- Industrial Sector
- Others
By Distribution
- Pipelines
- Cryogenic Tanks
- Others
By Region
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Demaco powered by Leapforce
- Air Products and Chemicals, Inc.
- Cryolor
- inoxcva
- Hylium Industries, Inc.
- Linde Plc
- Air Liquide
- Plug Power Inc.
- Messer Group GmbH.
- Iwatani Corporation
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. High threat of new entrants
- 3.3.3. High threat of substitutes
- 3.3.4. High intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in penetration of liquid hydrogen in aerospace industry
- 3.4.1.2. Expansion of automotive & transportation industry
- 3.4.2. Restraints
- 3.4.2.1. High Production cost and safety concern
- 3.4.3. Opportunities
- 3.4.3.1. Rise in use of liquid hydrogen in energy storage industry
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Value Chain Analysis
- 3.7. Pricing Analysis
- 3.8. Patent Landscape
- 3.9. Regulatory Guidelines
CHAPTER 4: LIQUID HYDROGEN MARKET, BY DISTRIBUTION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Pipelines
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Cryogenic Tanks
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: LIQUID HYDROGEN MARKET, BY END USE INDUSTRY
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Aerospace
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Automotive and Transportation
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Energy and Power
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Industrial Sector
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: LIQUID HYDROGEN MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Distribution
- 6.2.3. Market size and forecast, by End Use Industry
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Key market trends, growth factors and opportunities
- 6.2.4.1.2. Market size and forecast, by Distribution
- 6.2.4.1.3. Market size and forecast, by End Use Industry
- 6.2.4.2. Canada
- 6.2.4.2.1. Key market trends, growth factors and opportunities
- 6.2.4.2.2. Market size and forecast, by Distribution
- 6.2.4.2.3. Market size and forecast, by End Use Industry
- 6.2.4.3. Mexico
- 6.2.4.3.1. Key market trends, growth factors and opportunities
- 6.2.4.3.2. Market size and forecast, by Distribution
- 6.2.4.3.3. Market size and forecast, by End Use Industry
- 6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Distribution
- 6.3.3. Market size and forecast, by End Use Industry
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Key market trends, growth factors and opportunities
- 6.3.4.1.2. Market size and forecast, by Distribution
- 6.3.4.1.3. Market size and forecast, by End Use Industry
- 6.3.4.2. UK
- 6.3.4.2.1. Key market trends, growth factors and opportunities
- 6.3.4.2.2. Market size and forecast, by Distribution
- 6.3.4.2.3. Market size and forecast, by End Use Industry
- 6.3.4.3. France
- 6.3.4.3.1. Key market trends, growth factors and opportunities
- 6.3.4.3.2. Market size and forecast, by Distribution
- 6.3.4.3.3. Market size and forecast, by End Use Industry
- 6.3.4.4. Spain
- 6.3.4.4.1. Key market trends, growth factors and opportunities
- 6.3.4.4.2. Market size and forecast, by Distribution
- 6.3.4.4.3. Market size and forecast, by End Use Industry
- 6.3.4.5. Italy
- 6.3.4.5.1. Key market trends, growth factors and opportunities
- 6.3.4.5.2. Market size and forecast, by Distribution
- 6.3.4.5.3. Market size and forecast, by End Use Industry
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Key market trends, growth factors and opportunities
- 6.3.4.6.2. Market size and forecast, by Distribution
- 6.3.4.6.3. Market size and forecast, by End Use Industry
- 6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Distribution
- 6.4.3. Market size and forecast, by End Use Industry
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Key market trends, growth factors and opportunities
- 6.4.4.1.2. Market size and forecast, by Distribution
- 6.4.4.1.3. Market size and forecast, by End Use Industry
- 6.4.4.2. India
- 6.4.4.2.1. Key market trends, growth factors and opportunities
- 6.4.4.2.2. Market size and forecast, by Distribution
- 6.4.4.2.3. Market size and forecast, by End Use Industry
- 6.4.4.3. Japan
- 6.4.4.3.1. Key market trends, growth factors and opportunities
- 6.4.4.3.2. Market size and forecast, by Distribution
- 6.4.4.3.3. Market size and forecast, by End Use Industry
- 6.4.4.4. Australia
- 6.4.4.4.1. Key market trends, growth factors and opportunities
- 6.4.4.4.2. Market size and forecast, by Distribution
- 6.4.4.4.3. Market size and forecast, by End Use Industry
- 6.4.4.5. South Korea
- 6.4.4.5.1. Key market trends, growth factors and opportunities
- 6.4.4.5.2. Market size and forecast, by Distribution
- 6.4.4.5.3. Market size and forecast, by End Use Industry
- 6.4.4.6. Rest of Asia-Pacific
- 6.4.4.6.1. Key market trends, growth factors and opportunities
- 6.4.4.6.2. Market size and forecast, by Distribution
- 6.4.4.6.3. Market size and forecast, by End Use Industry
- 6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Distribution
- 6.5.3. Market size and forecast, by End Use Industry
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Key market trends, growth factors and opportunities
- 6.5.4.1.2. Market size and forecast, by Distribution
- 6.5.4.1.3. Market size and forecast, by End Use Industry
- 6.5.4.2. Saudi Arabia
- 6.5.4.2.1. Key market trends, growth factors and opportunities
- 6.5.4.2.2. Market size and forecast, by Distribution
- 6.5.4.2.3. Market size and forecast, by End Use Industry
- 6.5.4.3. South Africa
- 6.5.4.3.1. Key market trends, growth factors and opportunities
- 6.5.4.3.2. Market size and forecast, by Distribution
- 6.5.4.3.3. Market size and forecast, by End Use Industry
- 6.5.4.4. Rest of LAMEA
- 6.5.4.4.1. Key market trends, growth factors and opportunities
- 6.5.4.4.2. Market size and forecast, by Distribution
- 6.5.4.4.3. Market size and forecast, by End Use Industry
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. inoxcva
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.2. Air Products and Chemicals, Inc.
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.3. Demaco powered by Leapforce
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Linde Plc
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
- 8.5. Air Liquide
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
- 8.6. Cryolor
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.7. Hylium Industries, Inc.
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.8. Plug Power Inc.
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.9. Iwatani Corporation
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.10. Messer Group GmbH.
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance