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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1933246
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1933246
Hydrogen Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034
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Growth Factors of hydrogen Market
The global hydrogen market is expanding rapidly as nations strive to reduce carbon emissions and achieve net-zero targets. Valued at USD 229.53 billion in 2025, the market is projected to reach USD 242.63 billion in 2026 and is expected to grow to USD 406.95 billion by 2034, representing a CAGR of 6.36% during the forecast period. In 2025, the Asia Pacific region dominated the market with a share of 31.45%, driven by strong industrial demand, abundant renewable energy resources, and robust government policies supporting hydrogen adoption.
Hydrogen is increasingly recognized as a versatile energy vector, supporting power generation, energy storage, and decarbonization across industries such as steel, cement, refining, and chemicals. It serves as a low-carbon alternative to fossil fuels, helping nations meet net-zero pledges while facilitating the transition to renewable energy. Leading market players, including Air Liquide, Linde, Air Products, Shell, BP, Siemens Energy, Plug Power, and Cummins, are driving innovations in green hydrogen, storage, and fuel cell technologies. Notably, in February 2025, Siemens, Guofu Hydrogen, and RCT GH Hydrogen signed a Memorandum of Understanding (MoU) to advance green hydrogen value chains, focusing on electrolyzer-based production processes.
Market Dynamics
Drivers: The integration of hydrogen with renewable energy and storage solutions is a key growth driver. Green hydrogen enables storage of excess wind and solar energy, providing grid stability and supporting carbon-free electricity for industrial and transportation sectors. In April 2025, the Asian Development Bank (ADB) invested USD 104 million to explore green hydrogen potential and energy storage in Georgia, highlighting the strategic role of hydrogen in emerging markets.
Restraints: High production costs remain a major challenge. Green hydrogen production through electrolysis is energy-intensive, and associated infrastructure for storage, transport, and refueling adds to costs, making it less competitive than grey hydrogen or conventional fuels.
Opportunities: The shift toward hydrogen-based steelmaking is anticipated to boost demand. Traditional steel production generates significant CO2 emissions, and hydrogen-based DRI (direct reduced iron) technologies are gaining attention in Europe, Asia, and the Middle East. Projects like REFHYNE II in Germany, a 100 MW renewable hydrogen unit by Linde Engineering and Shell, aim to produce 44,000 kilograms/day of green hydrogen to decarbonize industrial operations.
Trends: Hydrogen adoption in shipping and heavy-duty vehicles is accelerating, as these sectors face challenges with battery electrification. Hydrogen fuel cells and hydrogen-derived fuels such as green ammonia and methanol offer longer ranges, faster refueling, and lower emissions. For instance, Volvo Trucks is preparing hydrogen-powered combustion trucks for road testing in 2026, supporting decarbonization of heavy transport.
Challenges: High costs for green hydrogen and electrolyzer technologies hinder widespread adoption. Grey hydrogen, produced from natural gas, remains the dominant type due to its affordability and existing infrastructure.
Segmentation Analysis
By Type: Grey hydrogen dominates with a 95.25% share in 2026, produced via steam methane reforming (SMR) without carbon capture. Green hydrogen is the fastest-growing segment, with a CAGR of 15.33%, supported by government initiatives and investments in renewable energy projects.
By Production Process: Reforming (without carbon capture) held 81.00% share in 2026, driven by lower production costs and established SMR technology. Other processes, including water electrolysis, are expanding at a 9.27% CAGR, enabling low-carbon hydrogen solutions.
By End-Use Industry: Refineries dominate with a 40.53% share in 2025, as hydrogen is extensively used in hydrocracking and desulfurization. Methanol production is projected to grow at a CAGR of 7.90%, reflecting increased hydrogen demand in chemical manufacturing. Steel and ammonia sectors are also key consumers, particularly with rising green hydrogen adoption.
Regional Outlook
- Asia Pacific: Dominant region with USD 110.46 billion in 2025 and USD 117.28 billion in 2026, led by China, Japan, South Korea, and India. China's market alone reached USD 51.43 billion in 2026 due to green hydrogen and fuel cell investments.
- Europe: Valued at USD 46.10 billion in 2025, led by Germany (USD 11.45 billion) and other countries (USD 7.15 billion). The market is growing at 7.30% CAGR due to decarbonization policies and large government investments.
- North America: Estimated at USD 40.96 billion in 2025, with the U.S. at USD 36.10 billion in 2026, driven by supportive policies and infrastructure investments.
- Latin America: USD 7.35 billion in 2025, benefiting from renewable energy potential for green hydrogen production.
- Middle East & Africa: USD 13.47 billion in 2025, leveraging high solar radiation for electrolysis-based hydrogen production.
Competitive Landscape
Major players include Linde plc, Air Liquide, Air Products, Shell, Aramco, Toyota, ITM Power, Nel ASA, Technip Energies, Cummins, Messer, Ballard Power, Plug Power, BP, and ExxonMobil. Strategic partnerships, infrastructure investments, and technological advancements are key strategies. For example, in March 2025, Air Products Qudra and Aramco formed a joint venture to supply low-carbon hydrogen to Jubail Industrial City.
Conclusion
The global hydrogen market is set to grow from USD 229.53 billion in 2025 to USD 406.95 billion by 2034, driven by industrial decarbonization, green hydrogen adoption, and infrastructure investments. Grey hydrogen currently dominates, but green hydrogen is the fastest-growing segment. Asia Pacific leads the market, followed by Europe and North America, with hydrogen playing a pivotal role in achieving global net-zero and energy transition goals.
Segmentation By Type
- Blue
- Green
- Grey
By Production Process
- Reforming (Without Carbon Capture)
- Industrial By-Product
- Others
By End-Use Industry
- Steel
- Refineries
- Ammonia
- Methanol
- Others
By Geography
- North America (By Type, By Production Process, By End-Use Industry, and By Country)
- U.S. (By End-Use Industry)
- Canada (By End-Use Industry)
- Europe (By Type, By Production Process, By End-Use Industry, and By Country)
- Germany (By End-Use Industry)
- Netherlands (By End-Use Industry)
- Poland (By End-Use Industry)
- France (By End-Use Industry)
- U.K. (By End-Use Industry)
- Italy (By End-Use Industry)
- Spain (By End-Use Industry)
- Rest of Europe (By End-Use Industry)
- Asia Pacific (By Type, By Production Process, By End-Use Industry, and By Country)
- China (By End-Use Industry)
- India (By End-Use Industry)
- Japan (By End-Use Industry)
- South Korea (By End-Use Industry)
- Australia (By End-Use Industry)
- Rest of Asia Pacific (By End-Use Industry)
- Latin America (By Type, By Production Process, By End-Use Industry, and By Country)
- Trinidad and Tobago (By End-Use Industry)
- Mexico (By End-Use Industry)
- Brazil (By End-Use Industry)
- Chile (By End-Use Industry)
- Argentina (By End-Use Industry)
- Rest of Latin America (By End-Use Industry)
- Middle East & Africa (By Type, By Production Process, By End-Use Industry, and By Country)
- GCC (By End-Use Industry)
- South Africa (By End-Use Industry)
- Rest of the Middle East & Africa (By End-Use Industry)
Product Code: FBI114275
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends - For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Insight on Regulatory Landscape
- 4.4. Porters Five Forces Analysis
- 4.5. Impact of Tariffs Global Hydrogen Market
5. Global Hydrogen Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
- 5.1. Key Findings
- 5.2. Market Analysis, Insights, and Forecast - By Type
- 5.2.1. Blue
- 5.2.2. Green
- 5.2.3. Grey
- 5.3. Market Analysis, Insights, and Forecast - By Production Process
- 5.3.1. Reforming (without carbon capture)
- 5.3.2. Industrial By-Product
- 5.3.3. Others
- 5.4. Market Analysis, Insights, and Forecast - By End-use Industry
- 5.4.1. Steel
- 5.4.2. Refineries
- 5.4.3. Ammonia
- 5.4.4. Methanol
- 5.4.5. Others
- 5.5. Market Analysis, Insights, and Forecast - By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East and Africa
6. North America Hydrogen Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
- 6.1. Key Findings
- 6.2. Market Analysis, Insights, and Forecast - By Type
- 6.2.1. Blue
- 6.2.2. Green
- 6.2.3. Grey
- 6.3. Market Analysis, Insights, and Forecast - By Production Process
- 6.3.1. Reforming (without carbon capture)
- 6.3.2. Industrial By-Product
- 6.3.3. Others
- 6.4. Market Analysis, Insights, and Forecast - By End-use Industry
- 6.4.1. Steel
- 6.4.2. Refineries
- 6.4.3. Ammonia
- 6.4.4. Methanol
- 6.4.5. Others
- 6.5. Market Analysis, Insights, and Forecast - By Country
- 6.5.1. U.S. Market Analysis, Insights, and Forecast - By End-use Industry
- 6.5.1.1. Steel
- 6.5.1.2. Refineries
- 6.5.1.3. Ammonia
- 6.5.1.4. Methanol
- 6.5.1.5. Others
- 6.5.2. Canada Market Analysis, Insights, and Forecast - By End-use Industry
- 6.5.2.1. Steel
- 6.5.2.2. Refineries
- 6.5.2.3. Ammonia
- 6.5.2.4. Methanol
- 6.5.2.5. Others
- 6.5.1. U.S. Market Analysis, Insights, and Forecast - By End-use Industry
7. Europe Hydrogen Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
- 7.1. Key Findings
- 7.2. Market Analysis, Insights, and Forecast - By Type
- 7.2.1. Blue
- 7.2.2. Green
- 7.2.3. Grey
- 7.3. Market Analysis, Insights, and Forecast - By Production Process
- 7.3.1. Reforming (without carbon capture)
- 7.3.2. Industrial By-Product
- 7.3.3. Others
- 7.4. Market Analysis, Insights, and Forecast - By End-use Industry
- 7.4.1. Steel
- 7.4.2. Refineries
- 7.4.3. Ammonia
- 7.4.4. Methanol
- 7.4.5. Others
- 7.5. Market Analysis, Insights, and Forecast - By Country
- 7.5.1. Germany Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.1.1. Steel
- 7.5.1.2. Refineries
- 7.5.1.3. Ammonia
- 7.5.1.4. Methanol
- 7.5.1.5. Others
- 7.5.2. Netherlands Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.2.1. Steel
- 7.5.2.2. Refineries
- 7.5.2.3. Ammonia
- 7.5.2.4. Methanol
- 7.5.2.5. Others
- 7.5.3. Poland Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.3.1. Steel
- 7.5.3.2. Refineries
- 7.5.3.3. Ammonia
- 7.5.3.4. Methanol
- 7.5.3.5. Others
- 7.5.4. France Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.4.1. Steel
- 7.5.4.2. Refineries
- 7.5.4.3. Ammonia
- 7.5.4.4. Methanol
- 7.5.4.5. Others
- 7.5.5. U.K. Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.5.1. Steel
- 7.5.5.2. Refineries
- 7.5.5.3. Ammonia
- 7.5.5.4. Methanol
- 7.5.5.5. Others
- 7.5.6. Italy Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.6.1. Steel
- 7.5.6.2. Refineries
- 7.5.6.3. Ammonia
- 7.5.6.4. Methanol
- 7.5.6.5. Others
- 7.5.7. Spain Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.7.1. Steel
- 7.5.7.2. Refineries
- 7.5.7.3. Ammonia
- 7.5.7.4. Methanol
- 7.5.7.5. Others
- 7.5.8. Rest of Europe Market Analysis, Insights, and Forecast - By End-use Industry
- 7.5.8.1. Steel
- 7.5.8.2. Refineries
- 7.5.8.3. Ammonia
- 7.5.8.4. Methanol
- 7.5.8.5. Others
- 7.5.1. Germany Market Analysis, Insights, and Forecast - By End-use Industry
8. Asia Pacific Hydrogen Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
- 8.1. Key Findings
- 8.2. Market Analysis, Insights, and Forecast - By Type
- 8.2.1. Blue
- 8.2.2. Green
- 8.2.3. Grey
- 8.3. Market Analysis, Insights, and Forecast - By Production Process
- 8.3.1. Reforming (without carbon capture)
- 8.3.2. Industrial By-Product
- 8.3.3. Others
- 8.4. Market Analysis, Insights, and Forecast - By End-use Industry
- 8.4.1. Steel
- 8.4.2. Refineries
- 8.4.3. Ammonia
- 8.4.4. Methanol
- 8.4.5. Others
- 8.5. Market Analysis, Insights, and Forecast - By Country
- 8.5.1. China Market Analysis, Insights, and Forecast - By End-use Industry
- 8.5.1.1. Steel
- 8.5.1.2. Refineries
- 8.5.1.3. Ammonia
- 8.5.1.4. Methanol
- 8.5.1.5. Others
- 8.5.2. India Market Analysis, Insights, and Forecast - By End-use Industry
- 8.5.2.1. Steel
- 8.5.2.2. Refineries
- 8.5.2.3. Ammonia
- 8.5.2.4. Methanol
- 8.5.2.5. Others
- 8.5.3. Japan Market Analysis, Insights, and Forecast - By End-use Industry
- 8.5.3.1. Steel
- 8.5.3.2. Refineries
- 8.5.3.3. Ammonia
- 8.5.3.4. Methanol
- 8.5.3.5. Others
- 8.5.4. South Korea Market Analysis, Insights, and Forecast - By End-use Industry
- 8.5.4.1. Steel
- 8.5.4.2. Refineries
- 8.5.4.3. Ammonia
- 8.5.4.4. Methanol
- 8.5.4.5. Others
- 8.5.5. Australia Market Analysis, Insights, and Forecast - By End-use Industry
- 8.5.5.1. Steel
- 8.5.5.2. Refineries
- 8.5.5.3. Ammonia
- 8.5.5.4. Methanol
- 8.5.5.5. Others
- 8.5.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast - By End-use Industry
- 8.5.6.1. Steel
- 8.5.6.2. Refineries
- 8.5.6.3. Ammonia
- 8.5.6.4. Methanol
- 8.5.6.5. Others
- 8.5.1. China Market Analysis, Insights, and Forecast - By End-use Industry
9. Latin America Hydrogen Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
- 9.1. Key Findings
- 9.2. Market Analysis, Insights, and Forecast - By Type
- 9.2.1. Blue
- 9.2.2. Green
- 9.2.3. Grey
- 9.3. Market Analysis, Insights, and Forecast - By Production Process
- 9.3.1. Reforming (without carbon capture)
- 9.3.2. Industrial By-Product
- 9.3.3. Others
- 9.4. Market Analysis, Insights, and Forecast - By End-use Industry
- 9.4.1. Steel
- 9.4.2. Refineries
- 9.4.3. Ammonia
- 9.4.4. Methanol
- 9.4.5. Others
- 9.5. Market Analysis, Insights, and Forecast - By Country
- 9.5.1. Trinidad and Tobago Market Analysis, Insights, and Forecast - By End-use Industry
- 9.5.1.1. Steel
- 9.5.1.2. Refineries
- 9.5.1.3. Ammonia
- 9.5.1.4. Methanol
- 9.5.1.5. Others
- 9.5.2. Mexico Market Analysis, Insights, and Forecast - By End-use Industry
- 9.5.2.1. Steel
- 9.5.2.2. Refineries
- 9.5.2.3. Ammonia
- 9.5.2.4. Methanol
- 9.5.2.5. Others
- 9.5.3. Brazil Market Analysis, Insights, and Forecast - By End-use Industry
- 9.5.3.1. Steel
- 9.5.3.2. Refineries
- 9.5.3.3. Ammonia
- 9.5.3.4. Methanol
- 9.5.3.5. Others
- 9.5.4. Chile Market Analysis, Insights, and Forecast - By End-use Industry
- 9.5.4.1. Steel
- 9.5.4.2. Refineries
- 9.5.4.3. Ammonia
- 9.5.4.4. Methanol
- 9.5.4.5. Others
- 9.5.5. Argentina Market Analysis, Insights, and Forecast - By End-use Industry
- 9.5.5.1. Steel
- 9.5.5.2. Refineries
- 9.5.5.3. Ammonia
- 9.5.5.4. Methanol
- 9.5.5.5. Others
- 9.5.6. Rest of Latin America Market Analysis, Insights, and Forecast - By End-use Industry
- 9.5.6.1. Steel
- 9.5.6.2. Refineries
- 9.5.6.3. Ammonia
- 9.5.6.4. Methanol
- 9.5.6.5. Others
- 9.5.1. Trinidad and Tobago Market Analysis, Insights, and Forecast - By End-use Industry
10. Middle East and Africa Hydrogen Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
- 10.1. Key Findings
- 10.2. Market Analysis, Insights, and Forecast - By Type
- 10.2.1. Blue
- 10.2.2. Green
- 10.2.3. Grey
- 10.3. Market Analysis, Insights, and Forecast - By Production Process
- 10.3.1. Reforming (without carbon capture)
- 10.3.2. Industrial By-Product
- 10.3.3. Others
- 10.4. Market Analysis, Insights, and Forecast - By End-use Industry
- 10.4.1. Steel
- 10.4.2. Refineries
- 10.4.3. Ammonia
- 10.4.4. Methanol
- 10.4.5. Others
- 10.5. Market Analysis, Insights, and Forecast - By Country
- 10.5.1. GCC Market Analysis, Insights, and Forecast - By End-use Industry
- 10.5.1.1. Steel
- 10.5.1.2. Refineries
- 10.5.1.3. Ammonia
- 10.5.1.4. Methanol
- 10.5.1.5. Others
- 10.5.2. South Africa Market Analysis, Insights, and Forecast - By End-use Industry
- 10.5.2.1. Steel
- 10.5.2.2. Refineries
- 10.5.2.3. Ammonia
- 10.5.2.4. Methanol
- 10.5.2.5. Others
- 10.5.3. Rest of MEA Market Analysis, Insights, and Forecast - By End-use Industry
- 10.5.3.1. Steel
- 10.5.3.2. Refineries
- 10.5.3.3. Ammonia
- 10.5.3.4. Methanol
- 10.5.3.5. Others
- 10.5.1. GCC Market Analysis, Insights, and Forecast - By End-use Industry
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2026
- 11.2. Company Profile
- 11.2.1. Linde plc
- 11.2.1.1. Business Overview
- 11.2.1.2. Product and Service Offerings
- 11.2.1.3. Recent Developments
- 11.2.1.4. Financials (Based on Availability)
- 11.2.2. Air Liquide
- 11.2.3. Air Products & Chemicals, Inc.
- 11.2.4. Shell plc
- 11.2.5. Aramco
- 11.2.6. Plug Power
- 11.2.7. Toyota Motor Corp.
- 11.2.8. ITM Power
- 11.2.9. Nel ASA
- 11.2.10. Technip Energies
- 11.2.11. Cummins Inc.
- 11.2.12. Messer Group
- 11.2.1. Linde plc
Product Code: FBI114275
List of Tables
- Table 1: Global Hydrogen Market Revenue (USD Billion) Forecast, By Type, 2021-2034
- Table 2: Global Hydrogen Market Revenue (USD Billion) Forecast, By Production Process, 2021-2034
- Table 3: Global Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 4: Global Hydrogen Market Revenue (USD Billion) Forecast, By Region, 2021-2034
- Table 5: North America Hydrogen Market Revenue (USD Billion) Forecast, By Type, 2021-2034
- Table 6: North America Hydrogen Market Revenue (USD Billion) Forecast, By Production Process, 2021-2034
- Table 7: North America Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 8: North America Hydrogen Market Revenue (USD Billion) Forecast, By Country, 2021-2034
- Table 9: U.S. Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 10: Canada Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 11: Europe Hydrogen Market Revenue (USD Billion) Forecast, By Type, 2021-2034
- Table 12: Europe Hydrogen Market Revenue (USD Billion) Forecast, By Production Process, 2021-2034
- Table 13: Europe Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 14: Europe Hydrogen Market Revenue (USD Billion) Forecast, By Country, 2021-2034
- Table 15: Germany Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 16: Netherlands Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 17: Poland Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 18: France Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 19: UK Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 20: Italy Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 21: Spain Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 22: Rest of Europe Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 23: Asia Pacific Hydrogen Market Revenue (USD Billion) Forecast, By Type, 2021-2034
- Table 24: Asia Pacific Hydrogen Market Revenue (USD Billion) Forecast, By Production Process, 2021-2034
- Table 25: Asia Pacific Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 26: Asia Pacific Hydrogen Market Revenue (USD Billion) Forecast, By Country, 2021-2034
- Table 27: China Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 28: India Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 29: Japan Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 30: South Korea Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 31: Australia Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 32: Rest of Asia Pacific Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 33: Latin America Hydrogen Market Revenue (USD Billion) Forecast, By Type, 2021-2034
- Table 34: Latin America Hydrogen Market Revenue (USD Billion) Forecast, By Production Process, 2021-2034
- Table 35: Latin America Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 36: Latin America Hydrogen Market Revenue (USD Billion) Forecast, By Country, 2021-2034
- Table 37: Trinidad and Tobago Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 38: Mexico Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 39: Brazil Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 40: Chile Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 41: Argentina Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 42: Rest of Latin America Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 43: Middle East & Africa Hydrogen Market Revenue (USD Billion) Forecast, By Type, 2021-2034
- Table 44: Middle East & Africa Hydrogen Market Revenue (USD Billion) Forecast, By Production Process, 2021-2034
- Table 45: Middle East & Africa Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 46: Middle East & Africa Hydrogen Market Revenue (USD Billion) Forecast, By Country, 2021-2034
- Table 47: GCC Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 48: South Africa Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
- Table 49: Rest of the Middle East & Africa Hydrogen Market Revenue (USD Billion) Forecast, By End-use Industry, 2021-2034
List of Figures
- Figure 1: Global Hydrogen Market Revenue Breakdown (USD Billion, %) by Region, 2026 & 2034
- Figure 2: Global Hydrogen Market Value Share (%), By Type, 2026 & 2034
- Figure 3: Global Hydrogen Market Forecast (USD Billion), by Blue, 2021-2034
- Figure 4: Global Hydrogen Market Forecast (USD Billion), by Green, 2021-2034
- Figure 5: Global Hydrogen Market Forecast (USD Billion), by Grey, 2021-2034
- Figure 6: Global Hydrogen Market Value Share (%), By Production Process, 2026 & 2034
- Figure 7: Global Hydrogen Market Forecast (USD Billion), by Reforming (without carbon capture), 2021-2034
- Figure 8: Global Hydrogen Market Forecast (USD Billion), by Industrial By-Product, 2021-2034
- Figure 9: Global Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 10: Global Hydrogen Market Value Share (%), By End-use Industry, 2026 & 2034
- Figure 11: Global Hydrogen Market Forecast (USD Billion), by Steel, 2021-2034
- Figure 12: Global Hydrogen Market Forecast (USD Billion), by Refineries, 2021-2034
- Figure 13: Global Hydrogen Market Forecast (USD Billion), by Ammonia, 2021-2034
- Figure 14: Global Hydrogen Market Forecast (USD Billion), by Methanol, 2021-2034
- Figure 15: Global Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 16: Global Hydrogen Market Value (USD Billion), by Region, 2026 & 2034
- Figure 17: Global Hydrogen Market Value Share (%), by Region, 2026
- Figure 18: North America Hydrogen Market Value Share (%), By Type, 2026 & 2034
- Figure 19: North America Hydrogen Market Forecast (USD Billion), by Blue, 2021-2034
- Figure 20: North America Hydrogen Market Forecast (USD Billion), by Green, 2021-2034
- Figure 21: North America Hydrogen Market Forecast (USD Billion), by Grey, 2021-2034
- Figure 22: North America Hydrogen Market Value Share (%), By Production Process, 2026 & 2034
- Figure 23: North America Hydrogen Market Forecast (USD Billion), by Reforming (without carbon capture), 2021-2034
- Figure 24: North America Hydrogen Market Forecast (USD Billion), by Industrial By-Product, 2021-2034
- Figure 25: North America Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 26: North America Hydrogen Market Value Share (%), By End-use Industry, 2026 & 2034
- Figure 27: North America Hydrogen Market Forecast (USD Billion), by Steel, 2021-2034
- Figure 28: North America Hydrogen Market Forecast (USD Billion), by Refineries, 2021-2034
- Figure 29: North America Hydrogen Market Forecast (USD Billion), by Ammonia, 2021-2034
- Figure 30: North America Hydrogen Market Forecast (USD Billion), by Methanol, 2021-2034
- Figure 31: North America Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 32: North America Hydrogen Market Value (USD Billion), by Country, 2026 & 2034
- Figure 33: North America Hydrogen Market Value Share (%), by Country, 2026
- Figure 34: Europe Hydrogen Market Value Share (%), By Type, 2026 & 2034
- Figure 35: Europe Hydrogen Market Forecast (USD Billion), by Blue, 2021-2034
- Figure 36: Europe Hydrogen Market Forecast (USD Billion), by Green, 2021-2034
- Figure 37: Europe Hydrogen Market Forecast (USD Billion), by Grey, 2021-2034
- Figure 38: Europe Hydrogen Market Value Share (%), By Production Process, 2026 & 2034
- Figure 39: Europe Hydrogen Market Forecast (USD Billion), by Reforming (without carbon capture), 2021-2034
- Figure 40: Europe Hydrogen Market Forecast (USD Billion), by Industrial By-Product, 2021-2034
- Figure 41: Europe Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 42: Europe Hydrogen Market Value Share (%), By End-use Industry, 2026 & 2034
- Figure 43: Europe Hydrogen Market Forecast (USD Billion), by Steel, 2021-2034
- Figure 44: Europe Hydrogen Market Forecast (USD Billion), by Refineries, 2021-2034
- Figure 45: Europe Hydrogen Market Forecast (USD Billion), by Ammonia, 2021-2034
- Figure 46: Europe Hydrogen Market Forecast (USD Billion), by Methanol, 2021-2034
- Figure 47: Europe Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 48: Europe Hydrogen Market Value (USD Billion), by Country, 2026 & 2034
- Figure 49: Europe Hydrogen Market Value Share (%), by Country, 2026
- Figure 50: Asia Pacific Hydrogen Market Value Share (%), By Type, 2026 & 2034
- Figure 51: Asia Pacific Hydrogen Market Forecast (USD Billion), by Blue, 2021-2034
- Figure 52: Asia Pacific Hydrogen Market Forecast (USD Billion), by Green, 2021-2034
- Figure 53: Asia Pacific Hydrogen Market Forecast (USD Billion), by Grey, 2021-2034
- Figure 54: Asia Pacific Hydrogen Market Value Share (%), By Production Process, 2026 & 2034
- Figure 55: Asia Pacific Hydrogen Market Forecast (USD Billion), by Reforming (without carbon capture), 2021-2034
- Figure 56: Asia Pacific Hydrogen Market Forecast (USD Billion), by Industrial By-Product, 2021-2034
- Figure 57: Asia Pacific Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 58: Asia Pacific Hydrogen Market Value Share (%), By End-use Industry, 2026 & 2034
- Figure 59: Asia Pacific Hydrogen Market Forecast (USD Billion), by Steel, 2021-2034
- Figure 60: Asia Pacific Hydrogen Market Forecast (USD Billion), by Refineries, 2021-2034
- Figure 61: Asia Pacific Hydrogen Market Forecast (USD Billion), by Ammonia, 2021-2034
- Figure 62: Asia Pacific Hydrogen Market Forecast (USD Billion), by Methanol, 2021-2034
- Figure 63: Asia Pacific Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 64: Asia Pacific Hydrogen Market Value (USD Billion), by Country, 2026 & 2034
- Figure 65: Asia Pacific Hydrogen Market Value Share (%), by Country, 2026
- Figure 66: Latin America Hydrogen Market Value Share (%), By Type, 2026 & 2034
- Figure 67: Latin America Hydrogen Market Forecast (USD Billion), by Blue, 2021-2034
- Figure 68: Latin America Hydrogen Market Forecast (USD Billion), by Green, 2021-2034
- Figure 69: Latin America Hydrogen Market Forecast (USD Billion), by Grey, 2021-2034
- Figure 70: Latin America Hydrogen Market Value Share (%), By Production Process, 2026 & 2034
- Figure 71: Latin America Hydrogen Market Forecast (USD Billion), by Reforming (without carbon capture), 2021-2034
- Figure 72: Latin America Hydrogen Market Forecast (USD Billion), by Industrial By-Product, 2021-2034
- Figure 73: Latin America Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 74: Latin America Hydrogen Market Value Share (%), By End-use Industry, 2026 & 2034
- Figure 75: Latin America Hydrogen Market Forecast (USD Billion), by Steel, 2021-2034
- Figure 76: Latin America Hydrogen Market Forecast (USD Billion), by Refineries, 2021-2034
- Figure 77: Latin America Hydrogen Market Forecast (USD Billion), by Ammonia, 2021-2034
- Figure 78: Latin America Hydrogen Market Forecast (USD Billion), by Methanol, 2021-2034
- Figure 79: Latin America Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 80: Latin America Hydrogen Market Value (USD Billion), by Country, 2026 & 2034
- Figure 81: Latin America Hydrogen Market Value Share (%), by Country, 2026
- Figure 82: Middle East & Africa Hydrogen Market Value Share (%), By Type, 2026 & 2034
- Figure 83: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Blue, 2021-2034
- Figure 84: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Green, 2021-2034
- Figure 85: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Grey, 2021-2034
- Figure 86: Middle East & Africa Hydrogen Market Value Share (%), By Production Process, 2026 & 2034
- Figure 87: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Reforming (without carbon capture), 2021-2034
- Figure 88: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Industrial By-Product, 2021-2034
- Figure 89: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 90: Middle East & Africa Hydrogen Market Value Share (%), By End-use Industry, 2026 & 2034
- Figure 91: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Steel, 2021-2034
- Figure 92: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Refineries, 2021-2034
- Figure 93: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Ammonia, 2021-2034
- Figure 94: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Methanol, 2021-2034
- Figure 95: Middle East & Africa Hydrogen Market Forecast (USD Billion), by Others, 2021-2034
- Figure 96: Middle East & Africa Hydrogen Market Value (USD Billion), by Country, 2026 & 2034
- Figure 97: Middle East & Africa Hydrogen Market Value Share (%), by Country, 2026
- Figure 98: Company Market Share Analysis, 2026
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