Hydrogen (H2) is an odourless and tasteless gas that is mainly produced through natural gas steam reforming or the electrolysis of water. Lighter than air, it burns with an invisible, clean (carbon-free and soot-free) flame. It is the only fuel gas that does not contain any carbon atoms.
Global Hydrogen key players include Linde Group, Air Products, Air Liquide, Taiyo Nippon Sanso, Air Water, etc. Global top five manufacturers hold a share over 5%.
China is the largest market, with a share over 30%, followed by Europe and North America, both have a share over 35%.
In terms of product, Captive Hydrogen is the largest segment, with a share over 85%. And in terms of application, the largest application is Oil Refining, followed by Ammonia Production, etc.

Market Analysis and Insights: Global and China Hydrogen Market
This report focuses on global and China Hydrogen market.
In 2020, the global Hydrogen market size was US$ 117180 million and it is expected to reach US$ 135920 million by the end of 2027, with a CAGR of 2.0% during 2021-2027. In China the Hydrogen market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Hydrogen Scope and Market Size
Hydrogen market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Hydrogen market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Hydrogen market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Captive Hydrogen
Merchant Hydrogen

Segment by Application
Oil Refining
Ammonia Production
Methanol Production
Steel Production
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Linde Group
Air Liquide
Air Products
Air Water
Taiyo Nippon Sanso
Messer Group
Yingde Gases