Global demand for hydrogen is forecast to expand 4.1 percent per annum through
2016 to 286 billion cubic meters valued at $43.2 billion. Growth in hydrogen
demand will benefit from strong activity in the petroleum sector, its
principal consumer, where increasing demand for low sulfur fuels in response
to stricter environmental regulations will increase the amount of hydrogen
required to produce them. Favorable demand fundamentals for hydrogen also
exist in chemical manufacturing applications, and production of
semiconductors, float glass, metal components and food processing.
Merchant market poised for growth while captive consumption dominates
Petroleum refineries around the world are consuming greater quantities of
hydrogen and this represents the most significant opportunity to merchant
suppliers of the gas. Of the 52.3 billion cubic meters of overall demand
growth in hydrogen by 2016, 35 percent will be met by merchant suppliers.
Merchant and on-purpose hydrogen generated by oil refineries will still
account for 78 percent of worldwide hydrogen consumption in 2016. Nonrefinery
applications for hydrogen combined for 21 percent of total consumption in
2011. Of this, chemical manufacturing exclusive of ammonia and methanol
production) accounted for 12 percent; the remaining 9 percent was accounted
for by other manufacturing processes and non-manufacturing applications.
Nonchemical manufacturing industries that use hydrogen include float glass,
metal components, semiconductors, and food processing.
Asia/Pacific region to be leading hydrogen market
The rapid growth of many economies in the Asia/Pacific region -- especially
those of China and India -- will make this region the world's largest hydrogen
consumer by 2013. Western Europe is third among the world's hydrogen
consumers. In the Central and South American region, above average growth in
hydrogen consumption will be led by the Brazilian economy; in Eastern Europe
the economies of Russia, Ukraine, Poland and Romania will lead the region in
hydrogen gains; and growth in the Africa/Mideast region will be led by the
oil-rich economies of Saudi Arabia and Iran, as well as the growing
industrialized economies of South Africa and Turkey.
Hydrogen economy gains a foothold
The phrase "hydrogen economy" refers to programs or initiatives aimed at using
hydrogen as an energy carrier to replace hydrocarbon fuels and reduce
emissions produced by their consumption. Technologies such as fuel cells
developed for cars, buses, power generation and other applications, along with
the infrastructural implications of their broad and increasing use, are being
demonstrated in many countries around the world. Although the market impact of
global, massive deployment of the hydrogen economy on hydrogen demand is
beyond the time horizon of this report, activities related to the hydrogen
economy are covered on a country by country basis, where applicable.
Study coverage
Details on these and other findings are contained in the upcoming Freedonia
industry study, World Hydrogen, presents historical demand data (2001, 2006
and 2011) plus forecasts for 2016 and 2021 by application, source (captive,
merchant), market, world region, and for 17 countries. The study also
considers key market environment factors, evaluates company market share, and
profiles global industry competitors, including Air Liquide, Air Products and
Chemicals, Linde Group, and Praxair.
Table of Contents
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
World Economic Overview
Recent Historical Trends
World Economic Outlook
World Population Overview
World Manufacturing Overview
World Chemical Manufacturing Outlook
World Energy Outlook
World Petroleum Refining Outlook
World Fuel Cell Outlook
World Motor Vehicle Outlook
Hydrogen-Powered Motor Vehicles
Hydrogen Fuel Cell Vehicles
Hydrogen Internal Combustion Engine Vehicles
Environmental & Regulatory Issues
Codes & Standards
III. WORLD HYDROGEN OVERVIEW
General
World Hydrogen Demand by Region
World Hydrogen Demand by Market
Petroleum Refining
Petroleum Refining Processes
Chemical Manufacturing
Other Markets for Hydrogen
Manufacturing
All Other
The Hydrogen Economy
General
Fuel Cells
Electric Power Generation
Motor Vehicles
Other Transportation Equipment
Industrial Stationary & Motive Power
Portable Electronics
Other
Hydrogen Production Methods
Hydrogen from Hydrocarbons
Hydrogen from Water
Hydrogen from Other Sources
Hydrogen Storage
Pricing Trends
IV. NORTH AMERICA
Macroeconomic Environment
Hydrogen Demand
Suppliers & Market Share
United States
Canada
Mexico
V. WESTERN EUROPE
Macroeconomic Environment
Hydrogen Demand
Suppliers & Market Share
Germany
Italy
France
United Kingdom
The Netherlands
Spain
Other Western Europe
VI. ASIA/PACIFIC
Macroeconomic Environment
Hydrogen Demand
Suppliers & Market Share
China
Japan
India
South Korea
Taiwan
Australia
Other Asia/Pacific
VII. OTHER REGIONS
Central & South America
Macroeconomic Environment
Hydrogen Demand
Suppliers & Market Share
Brazil
Other Central & South America
Eastern Europe
Macroeconomic Environment
Hydrogen Demand
Suppliers & Market Share
Russia
Other Eastern Europe
Africa/Mideast
Macroeconomic Environment
Hydrogen Demand
Suppliers & Market Share
VIII. INDUSTRY STRUCTURE
General
Market Share
Acquisitions & Divestitures
Cooperative Agreements
Distribution
Tonnage Distribution
Liquid Distribution
Cylinder & Packaged Gas Distribution
COMPANY PROFILES
Air Liquide Group
Air Products and Chemicals Incorporated
Airgas Incorporated
Hydro Edge, see Iwatani International
Iwatani International Corporation
Linde Group
Linde Nippon Sanso, see Linde Group and Taiyo Nippon
Sanso
Matheson Tri-Gas, see Taiyo Nippon Sanso
Messer Group GmbH
Praxair Incorporated
Showa Denko KK
Taiyo Nippon Sanso Corporation
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region
2 World Population by Region
3 World Manufacturing Value Added by Region
4 World Chemical Manufacturing Value Added by Region
5 World Energy Production by Type
6 World Refined Petroleum Products Production by Region
7 World Commercial Fuel Cell Demand by Region
8 World Motor Vehicle Production by Region
9 World Commercial Motor Vehicle Fuel Cell Demand
by Chemistry, Region, & Product
SECTION III -- WORLD HYDROGEN OVERVIEW
1 World Hydrogen Demand
2 World Hydrogen Demand by Region
3 World Hydrogen Demand by Market
4 World Petroleum Refining Market for Hydrogen
5 World Petroleum Refining Market for Hydrogen by Application
& Source
6 World Chemical Manufacturing Market for Hydrogen
7 Other Global Markets for Hydrogen by Region & Type
8 World Commercial Fuel Cell Demand by Application
9 Hydrogen Pricing & Valuation
SECTION IV -- NORTH AMERICA
1 North America: Market Environment for Hydrogen
2 North America: Hydrogen Demand by Market
3 United States: Market Environment for Hydrogen
4 United States: Hydrogen Demand by Market
5 Canada: Market Environment for Hydrogen
6 Canada: Hydrogen Demand by Market
7 Mexico: Market Environment for Hydrogen
8 Mexico: Hydrogen Demand by Market
SECTION V -- WESTERN EUROPE
1 Western Europe: Market Environment for Hydrogen
2 Western Europe: Hydrogen Demand by Market
3 Germany: Market Environment for Hydrogen
4 Germany: Hydrogen Demand by Market
5 Italy: Market Environment for Hydrogen
6 Italy: Hydrogen Demand by Market
7 France: Market Environment for Hydrogen
8 France: Hydrogen Demand by Market
9 United Kingdom: Market Environment for Hydrogen
10 United Kingdom: Hydrogen Demand by Market
11 Netherlands: Market Environment for Hydrogen
12 Netherlands: Hydrogen Demand by Market
13 Spain: Market Environment for Hydrogen
14 Spain: Hydrogen Demand by Market
15 Other Western Europe: Market Environment for Hydrogen
16 Other Western Europe: Hydrogen Demand by Market
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Market Environment for Hydrogen
2 Asia/Pacific: Hydrogen Demand by Market
3 China: Market Environment for Hydrogen
4 China: Hydrogen Demand by Market
5 Japan: Market Environment for Hydrogen
6 Japan: Hydrogen Demand by Market
7 India: Market Environment for Hydrogen
8 India: Hydrogen Demand by Market
9 South Korea: Market Environment for Hydrogen
10 South Korea: Hydrogen Demand by Market
11 Taiwan: Market Environment for Hydrogen
12 Taiwan: Hydrogen Demand by Market
13 Australia: Market Environment for Hydrogen
14 Australia: Hydrogen Demand by Market
15 Other Asia/Pacific: Market Environment for Hydrogen
16 Other Asia/Pacific: Hydrogen Demand by Market
SECTION VII -- OTHER REGIONS
1 Central & South America: Market Environment for Hydrogen
2 Central & South America: Hydrogen Demand by Market
3 Brazil: Market Environment for Hydrogen
4 Brazil: Hydrogen Demand by Market
5 Other Central & South America: Market Environment for Hydrogen
6 Other Central & South America: Hydrogen Demand by Market & Country
7 Eastern Europe: Market Environment for Hydrogen
8 Eastern Europe: Hydrogen Demand by Market
9 Russia: Market Environment for Hydrogen
10 Russia: Hydrogen Demand by Market
11 Other Eastern Europe: Market Environment for Hydrogen
12 Other Eastern Europe: Hydrogen Demand by Market & Country
13 Africa/Mideast: Market Environment for Hydrogen
14 Africa/Mideast: Hydrogen Demand by Market & Country
SECTION VIII -- INDUSTRY STRUCTURE
1 Merchant Hydrogen Sales by Company, 2011
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 World Energy Production by Type, 2001-2021
2 World Commercial Fuel Cell Demand by Region, 2011
SECTION III -- WORLD HYDROGEN OVERVIEW
1 World Hydrogen Demand by Region, 2011
2 Share of Market Growth by Region, 2011-2016
3 World Hydrogen Demand by Market, 2011
SECTION IV -- NORTH AMERICA
1 North America: Hydrogen Demand by Country, 2011
2 North America: Merchant Hydrogen Market Share, 2011
World Hydrogen published by The Freedonia Group in August 2, 2012. This report consists of 345 Pages and the price starts from US $ 5900.
The contents of this page may be different from the latest version. Please contact us for details.
Press Release
Global Demand for Hydrogen to Reach
286 Billion Cubic Meters in 2016
August 10th, 2012
Global Information Inc. would like to present a new market research report, "World Hydrogen" by The Freedonia Group.
Global demand for hydrogen is projected to increase over 4 percent annually through 2016 to 286 billion cubic meters valued at $43.2 billion. The primary driver of this growth will be the petroleum refining industry, whose hydrogen consumption is spurred mainly by the production of low-sulfur, cleaner burning fuels. Though approximately 90 percent of this consumed hydrogen is captive production liberated by oil refining processes, the balance is merchant hydrogen, usually generated by steam methane reformers.
Various countries and regions around the world have legislated carbon dioxide emission limits from the burning of hydrocarbon fuels. These are generally becoming more stringent, and as they are enacted and enforced, additional hydrogen is needed to hydrotreat petroleum to yield cleaner fuels that meet emission regulations. Also adding to hydrogen demand is the fact that the quality of crude oil feedstocks is gradually declining, leaving higher sulfur crudes that require more hydrogen to be refined. Most of the resulting incremental demand for hydrogen will be met by merchant suppliers, and the merchant share (by volume) of the refinery hydrogen market is expected to increase from nine percent in 2011 to 10.5 percent in 2016.
Chemical manufacturing is the second largest consumer of hydrogen. Some hydrogen used by chemical and petrochemical producers is generated from process off-gas, though most is supplied by dedicated on-site hydrogen plants or purchased from merchant suppliers.
Whereas North America led the world in hydrogen consumption in 2006, rapid growth of many national economies in Asia -- especially those of China and India -- made the Asia/Pacific region the worlds largest hydrogen consumer in 2011. Western Europe is third among the worlds hydrogen consumers. Hydrogen consumption in Central and South America will be led by Brazil; in Eastern Europe by the economies of Russia, Ukraine, and Poland; and in the Africa/Mideast region by the oil-rich economies of Saudi Arabia and Iran.
