PUBLISHER: Grand View Research | PRODUCT CODE: 1790049
PUBLISHER: Grand View Research | PRODUCT CODE: 1790049
U.S. Pink Hydrogen Market Size, Share & Trends Analysis Report By Process (PEM Electrolysis, Alkaline Electrolysis, Solid Oxide Electrolysis), By End Use, And Segment Forecasts, Key Companies And Competitive Analysis, 2025 - 2033
U.S. Pink Hydrogen Market Summary
The U.S. pink hydrogen market size was estimated at USD 8.60 billion in 2024 and is projected to reach around USD 101.01 billion by 2033, growing at a CAGR of 31.58% from 2025 to 2033. Pink hydrogen, produced via electrolysis powered by nuclear energy, offers a zero-emission and high-reliability hydrogen source that aligns closely with the U.S. dual decarbonization and energy security objectives.
With the United States aiming for net-zero emissions by 2050 and investing heavily in clean hydrogen hubs, pink hydrogen is emerging as a critical complement to green and blue hydrogen in supporting deep industrial decarbonization and grid resilience.
The U.S. pink hydrogen industry is gaining momentum through growing investments in nuclear-powered electrolysis infrastructure, particularly under the Department of Energy's hydrogen strategy. Supportive policies, such as production tax credits (PTCs) under the Inflation Reduction Act and funding through the Bipartisan Infrastructure Law, are accelerating technology demonstrations and pilot deployments. Advancements in solid oxide and high-temperature electrolysis, along with collaborative efforts between nuclear utilities and hydrogen technology firms, are expanding the commercial viability of pink hydrogen. The stable output of atomic plants makes pink hydrogen especially attractive for applications demanding uninterrupted hydrogen supply, such as ammonia production, refining, and long-haul mobility. As states like Illinois, Virginia, and Michigan leverage their nuclear assets in clean hydrogen strategies, the U.S. pink hydrogen industry is set to become a key pillar in the country's broader hydrogen economy.
U.S. Pink Hydrogen Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the U.S. pink hydrogen market report based on the process, and end use.
- Process Outlook (Revenue, USD Billion, 2021 - 2033)
- PEM Electrolysis
- Alkaline Electrolysis
- Solid Oxide Electrolysis
- End Use Outlook (Revenue, USD Billion, 2021 - 2033)
- Refinery
- Ammonia
- Methanol
- Steel Production
- Transport
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliance
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. U.S. Pink Hydrogen Market: Process Estimates & Trend Analysis
- 4.1. U.S. Pink Hydrogen Market: Process Movement Analysis, 2024 & 2033
- 4.2. PEM Electrolysis
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 4.3. Alkaline Electrolysis
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 4.4. Solid Oxide Electrolysis
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
Chapter 5. U.S. Pink Hydrogen Market: End Use Estimates & Trend Analysis
- 5.1. U.S. Pink Hydrogen Market: End Use Movement Analysis, 2024 & 2033
- 5.2. Refinery
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 5.3. Ammonia
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 5.4. Methanol
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 5.5. Steel Production
- 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 5.6. Transport
- 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments By Key Market Participants
- 6.2. Company Categorization
- 6.3. List of Key Component Suppliers & Channel Partners
- 6.4. Company Market Share & Positioning Analysis, 2024
- 6.5. Heat Map Analysis
- 6.6. Vendor Landscape
- 6.6.1. List of Raw Process Suppliers
- 6.6.2. List of Distributors/Traders
- 6.6.3. List of Other Prominent Manufacturers
- 6.7. List of Prospective End Users
- 6.8. Strategy Mapping
- 6.9. Company Profiles/Listing
- 6.9.1. Air Products & Chemicals
- 6.9.1.1. Company Overview
- 6.9.1.2. Financial Performance
- 6.9.1.3. Product Benchmarking
- 6.9.2. Exelon Corporation
- 6.9.2.1. Company Overview
- 6.9.2.2. Financial Performance
- 6.9.2.3. Product Benchmarking
- 6.9.3. Constellation Energy
- 6.9.3.1. Company Overview
- 6.9.3.2. Financial Performance
- 6.9.3.3. Product Benchmarking
- 6.9.4. SGH2 Energy
- 6.9.4.1. Company Overview
- 6.9.4.2. Financial Performance
- 6.9.4.3. Product Benchmarking
- 6.9.5. Linde plc
- 6.9.5.1. Company Overview
- 6.9.5.2. Financial Performance
- 6.9.5.3. Product Benchmarking
- 6.9.6. Bloom Energy
- 6.9.6.1. Company Overview
- 6.9.6.2. Financial Performance
- 6.9.6.3. Product Benchmarking
- 6.9.7. Westinghouse Electric Company
- 6.9.7.1. Company Overview
- 6.9.7.2. Financial Performance
- 6.9.7.3. Product Benchmarking
- 6.9.8. Plug Power Inc.
- 6.9.8.1. Company Overview
- 6.9.8.2. Financial Performance
- 6.9.8.3. Product Benchmarking
- 6.9.9. Cummins Inc.
- 6.9.9.1. Company Overview
- 6.9.9.2. Financial Performance
- 6.9.9.3. Product Benchmarking
- 6.9.10. ExxonMobil
- 6.9.10.1. Company Overview
- 6.9.10.2. Financial Performance
- 6.9.10.3. Product Benchmarking
- 6.9.1. Air Products & Chemicals
List of Tables
- Table 1 U.S Pink Hydrogen market estimates & forecasts, 2021 - 2033 (USD Billion)
- Table 2 PEM Electrolysis market estimates & forecasts, 2021 - 2033 (USD Billion)
- Table 3 Alkaline Electrolysis market estimates & forecasts, 2021 - 2033 (USD Billion)
- Table 4 Solid Oxide Electrolysis market estimates & forecasts, 2021 - 2033 (USD Billion)
- Table 5 U.S Pink Hydrogen market estimates & forecasts, in Refinery, 2021 - 2033 (USD Billion)
- Table 6 U.S Pink Hydrogen market estimates & forecasts, in Ammonia, 2021 - 2033 (USD Billion)
- Table 7 U.S Pink Hydrogen market estimates & forecasts, in Methanol, 2021 - 2033 (USD Billion)
- Table 8 U.S Pink Hydrogen market estimates & forecasts, in Steel Production, 2021 - 2033 (USD Billion)
- Table 9 U.S Pink Hydrogen market estimates & forecasts, in Transport, 2021 - 2033 (USD Billion)
- Table 10 U.S Pink Hydrogen market estimates & forecasts, in Others, 2021 - 2033 (USD Billion)
- Table 11 U.S Pink Hydrogen market estimates & forecasts, 2021 - 2033 (USD Billion)
- Table 12 U.S Pink Hydrogen market estimates & forecasts by process, 2021 - 2033 (USD Billion)
- Table 13 U.S Pink Hydrogen market estimates & forecasts by End Use, 2021 - 2033 (USD Billion)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segmental outlook - Process & End Use
- Fig. 8 Competitive Outlook
- Fig. 9 U.S. Pink Hydrogen market outlook, 2021-2033 (USD Billion)
- Fig. 10 Value chain analysis
- Fig. 11 Market dynamics
- Fig. 12 Porter's Analysis
- Fig. 13 PESTEL Analysis
- Fig. 14 U.S. Pink Hydrogen market, by process: Key takeaways
- Fig. 15 U.S. Pink Hydrogen market, by process: Market share, 2024 & 2033
- Fig. 16 U.S. Pink Hydrogen market, by End Use: Key takeaways
- Fig. 17 U.S. Pink Hydrogen market, by End Use: Market share, 2024 & 2033
