Prismane

Global Green Hydrogen Market Demand & Forecast Analysis, 2016-2050

Hydrogen is a colorless, odorless, non-toxic, highly combustible gas. It is one of the most abundantly found elements on earth, mostly available in the form of hydrocarbons and water. At normal atmospheric conditions, two hydrogen atoms combine to form hydrogen gas (H2). In the race to reduce CO2 emissions and achieving carbon neutral economy, hydrogen has a huge potential to replace crude oil economy with hydrogen economy. With the members of the EU signing the Conference of the Parties (COP21) Paris agreement in 2015 to aim at keeping the global warming between 1.5°C to 2°C, this will require the 28 countries to decarbonise their energy system. To achieve this goal, the International Energy Agency (IEA) estimates the energy related CO2 emissions to be less than 770 megatons (Mt) per year by 2050. Along with this, the 2018 report from the Intergovernmental Panel on Climate Change (IPCC) emphasizes on the keeping the global warming below 1.5°C to avoid the rising sea levels, extreme temperatures & biodiversity losses, thus requiring the emissions to drop 45% till 2030 and to net zero till 2050.

Growing environmental concerns for less hazardous and clean energy is the major driver for the Green Hydrogen market. Green Hydrogen is estimated to replace the existing dependence on fossil fuels, and nuclear power etc. for energy requirement, and as a fuel in transportation industry in the long term forecast. Developments in fuel cell technology, growing concerns about climate change and drive towards clean energy have significantly accelerated adoption of Green Hydrogen in the transportation, power generation, ammonia, and other applications. Various countries have announced targets for reducing carbon emissions which would drive demand of green hydrogen in energy and transportation applications. In 2020, 20-25 kilo tons of hydrogen was consumed in transportation applications which accounts for around 0.02% of the global market. By 2050, owing to carbon neutrality ambitions of the Governments, Green Hydrogen demand is projected to increase in carbon intensive applications such as power generation, transportation, ammonia.
 
In terms of new projects, Western Europe, Asia-Pacific hold a significant share which is followed by North America, Central & South America, and others. Major upcoming green hydrogen projects such as Hydeal Ambition (~3600 Kilo Tons), Reckaz (~3000 Kilo Tons), Western Green Energy Hub, Aman etc.  At a regional level, Linde plc (Ireland), Air Liquide (France), Green Hydrogen Systems (Denmark) and others are the leading players in the Green Hydrogen market.

Scope of Report 
The Green Hydrogen report describes the global Green Hydrogen market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by technology, renewable resources and Applications
•  Capacity & Production
•  Net Export
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Green Hydrogen Market data in terms of volume and value for each end-use 
   at regional and country level
•  Green Hydrogen Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Technology
          -  Renewable Sources
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2050
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Automotive
      •  Building & Construction
      •  Electrical & Electronics
      •  Industrial
      •  Others
5.  Capacity (Plants & Projects) Analysis
      •  Green Hydrogen Production Capacity, by Company
      •  Green Hydrogen Production Capacity, by Country and by region
      •  Capacity Overview, by Region
6.  Introduction to Green Hydrogen and Market Overview 
      •  Product Description
      •  Types & Properties
      •  Raw Material
      •  Production Process
      •  Technology Analysis
       -  Alkaline Electrolyzer (ALK)
             -  Advantages
             -  Disadvantages
       -  Polymer Electrolyte Membrane (PEM)
             -  Advantages
             -  Disadvantages
       -  Solid Oxide Electrolyzer (SOEC)
             -  Advantages
             -  Disadvantages
      •  Environmental Initiatives
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Green Hydrogen Initiatives & Developments
      •  Carbon Neutral & Net Zero Targets
          -  Europe By Country
          -  USA
          -  Rest of the World
          -  Challenges
      •   Government Investments in Green Energy
9.  Global Green Hydrogen Demand-Supply Analysis, By Technology, By Renewable Source, By Application (Volume, Value) (2016–2050)
      •  Demand-Supply Analysis and Forecast (2016 – 2050)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Net Exports
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Green Hydrogen Market, By Technology
          -  Alkaline electrolyzer
          -  Polymer Electrolyte Membrane (PEM)
          -  Solid Oxide Electrolyzer
          -  Others
      •  Global Green Hydrogen Market, By Renewable Source
          -  Wind Energy
          -  Solar Energy
          -  Other (geothermal, hydropower)
      •  Global Green Hydrogen Market, By Application
          -  Fuel Cell
          -  Power Generation
          -  Ammonia & Other Chemicals
          -  Steel Manufacturing
          -  Others (heating/blending in natural gas grid, mining, refining, power to X)
10.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2050)   
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Green Hydrogen Market, By Technology
      •  Green Hydrogen Market, By Renewable Source
      •  Green Hydrogen Market, By Application
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by technology, by renewable source, by application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Nordic Countries (Denmark, Finland, Iceland, Norway, & Sweden, Greenland)
         -  Benelux (Belgium, Netherlands, & Luxembourg)
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Turkey
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the by technology, by renewable source, by application to arrive at the regional/global demand growth for the forecast period (2023 – 2050)
11.  Pricing Analysis
      •  Average Green Hydrogen Prices, USD/Kg
      •  Average Green Hydrogen prices, by Region
      •  Price Forecast
12.  Key Strategic Issues
13.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
14.  Strategic Recommendation & Suggestions
15.  Company Analysis and Market Share Analysis
      •  Green Hydrogen Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             -  Linde
             -  Air Liquide
             -  Engie
             -  Green Hydrogen Systems
             -  Ballard Power Systems
             -  SGH2 Energy Global LLC
             -  Toshiba
             -  Siemens Energy
             -  Fuel Cell Energy
             -  Sinosynergy
             -  Loop Energy
             -  Cummins Inc.,
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
16.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2050

Scope of Report 
The Green Hydrogen report describes the global Green Hydrogen market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by technology, renewable resources and Applications
•  Capacity & Production
•  Net Export
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Green Hydrogen Market data in terms of volume and value for each end-use 
   at regional and country level
•  Green Hydrogen Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment