PUBLISHER: QYResearch | PRODUCT CODE: 1866718
PUBLISHER: QYResearch | PRODUCT CODE: 1866718
The global market for PSA Hydrogen Purification was estimated to be worth US$ 676 million in 2024 and is forecast to a readjusted size of US$ 1162 million by 2031 with a CAGR of 8.4% during the forecast period 2025-2031.
Hydrogen pressure swing adsorption (H2PSA) is a process that capitalizes on the volatility of hydrogen and its overall lack of polarity and affinity for zeolites to purify contaminated gas streams. Hydrogen generation typically involves the production of contaminants or side products that need to be removed. This report will focus on the solution.
Major companies in global PSA Hydrogen Purification include UOP (Honeywell), Linde, SWRDICI, Air Liquide, Air Product, PKU PIONEER, Ally Hi-Tech, CALORIC, Quadrogen and so on. The global top five companies occupy the market share of about 66%, with a relatively concentrated market. From the sales side, North America, Europe and Asia Pacific occupy the majority of the market. In terms of its product type, the PSA hydrogen purification market can be segmented into feed gas from fossil fuels and feed gas from waste gases, feedstock gas from fossil fuels accounts for about 52% and feedstock gas from waste gas accounts for about 48%. In terms of its application, chemical processing and production occupies a significant position with a share of about 70%.
The PSA hydrogen extraction market is primarily driven by the following factors:
1. Global energy transition and carbon neutrality goals are driving a surge in hydrogen demand.
Accelerating clean energy transition: With over 130 countries worldwide adopting carbon neutrality goals, demand for hydrogen as a zero-carbon fuel is exploding in transportation, industry, power generation, and other sectors.
Industrial decarbonization pressure: Industries such as steel, chemicals, and oil refining face stringent carbon emission limits. PSA hydrogen extraction technology can efficiently recover hydrogen from industrial by-product gases (such as chlor-alkali chemical exhaust and refinery gas), helping companies achieve circular economy and carbon reduction goals.
Fuel cell vehicle adoption: Global fuel cell vehicle sales continue to grow (expected to exceed 500,000 units in 2025), driving demand for high-purity hydrogen. PSA hydrogen extraction technology, with its low cost and rapid response, has become a key hydrogen supply method. 2. Technological advancement and cost optimization enhance the competitiveness of PSA hydrogen production.
Adsorption material innovation: New porous materials (such as metal-organic frameworks (MOFs) and covalent organic frameworks (COFs)) significantly improve adsorption capacity and selectivity, reduce energy consumption, and increase hydrogen purity (up to 99.999%).
Intelligent process upgrades: Combining AI algorithms with IoT technology enables dynamic switching of adsorption towers and precise pressure control, shortening cycle times (from the traditional 10 minutes to 5 minutes) and increasing production capacity by over 30%.
Modular and miniaturized design: PSA systems are evolving towards distributed and mobile systems (such as containerized units), adapting to hydrogen refueling stations and industrial sites, reducing initial investment and operating costs.
3. Policy support and industry chain collaboration drive market expansion.
Government subsidies and standard development: China's "Medium- and Long-Term Plan for the Development of the Hydrogen Energy Industry (2021-2035)" lists PSA hydrogen production as a key technology and provides a 30% equipment subsidy for industrial by-product hydrogen recovery projects. The EU's "Renewable Energy Directive II" mandates a renewable hydrogen content in industrial hydrogen, forcing PSA technology upgrades. Accelerating industry chain integration: Upstream adsorption material companies (such as BASF and Honeywell) are collaborating with downstream equipment manufacturers (such as Linde and Air Products) to develop customized solutions, shortening technology implementation cycles.
Emerging market growth: With steel and chemical production capacity expanding in regions like India and Southeast Asia, PSA hydrogen production has become the preferred technology due to its cost-effectiveness (40% lower than hydrogen production by water electrolysis). Emerging markets are expected to account for 35% of the market share by 2030.
The PSA hydrogen production market is driven by a surge in energy transition demand, technological advancements and cost optimization, and policy support and industry chain collaboration. Industrial by-product hydrogen recovery and distributed hydrogen production will be key growth drivers.
This report aims to provide a comprehensive presentation of the global market for PSA Hydrogen Purification, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of PSA Hydrogen Purification by region & country, by Type, and by Application.
The PSA Hydrogen Purification market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PSA Hydrogen Purification.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of PSA Hydrogen Purification company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of PSA Hydrogen Purification in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of PSA Hydrogen Purification in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.