水素製造市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Hydrogen Generation Market – Global Forecast to 2028

水素製造市場 : テクノロジー (SMR、ATR、POX、石炭ガス化、電気分解)、用途 (製油所、アンモニア、メタノール、輸送、発電)、ソース (青、緑、灰色)、生成モード地域別 – 2028年までの世界予測
Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region – Global Forecast to 2028

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種別英文調査報告書

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水素製造の世界市場規模は2023年に1,588億ドルになることが見込まれ、予測期間に年平均成長率(CAGR)10.2%で成長し、2028年までには2,579億ドルに達すると予測されています。

MarketsandMarkets(マーケッツアンドマーケッツ)「水素製造市場:テクノロジー (SMR、ATR、POX、石炭ガス化、電気分解)、用途 (製油所、アンモニア、メタノール、輸送、発電)、ソース (青、緑、灰色)、生成モード地域別 – 2028年までの世界予測 – Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region – Global Forecast to 2028」は世界の水素製造市場を調査し、主要セグメント毎に分析・予測を行っています。

主な掲載内容

  • 市場概観
    • 市場力学
    • 顧客のビジネスに影響を与える動向/ディスラプション
    • 価格分析
    • サプライチェーン分析
    • エコシステム/市場マップ
    • 貿易分析
    • 技術分析
    • ケーススタディ分析
    • 主要会議&イベント 2023-2024年
    • 特許分析
    • 関税と法規制環境
    • ファイブフォース分析
    • 主要ステークホルダーと購入基準
  • 原料別水素製造市場
    • ブルー水素
    • グレー水素
    • グリーン水素
  • 用途別水素製造市場
    • 石油精製
    • アンモニア製造
    • メタノール製造
    • 輸送
    • 発電
    • その他
  • 技術別水素製造市場
    • 水蒸気メタン改質(SMR)
    • 自己熱改質(ATR)
    • 石炭ガス化
    • 電気分解
  • 生成および展開方法別水素製造市場
    • キャプティブ
    • マーチャント
  • 地域別水素製造市場
    • 北米
    • アジア太平洋地域
    • 欧州
    • 南米
    • 中東
    • アフリカ
  • 競合環境
    • 主要プレイヤの戦略
    • 市場シェア分析
    • 市場評価フレームワーク
    • 上位5社の収益分析
    • 企業評価マトリクス
    • スタートアップ/中小企業評価マトリクス
    • 競合シナリオと動向
  • 企業情報
  • 付録

Report Overview

The global hydrogen generation  market is estimated to grow from USD 158.8 billion in 2023 to USD 257.9  billion by 2028; it is expected to record a CAGR of 10.2% during the forecast period. The escalating implementation of environmental regulations and the prevailing global impetus toward sustainable practices drives the market. Technological innovation, hydrogen mobility, and decentralization further boost the growth of the hydrogen generation market.

水素製造市場 : 2028年までの世界予測

“Gray Hydrogen: The largest segment of the hydrogen generation market, by source “
Based on source, the hydrogen generation market has been segmented into gray hydrogen, blue hydrogen and green hydrogen. The gray hydrogen segment is expected to be the largest segment during the forecast period. Gray Hydrogen is derived from the most widely used method, steam methane reforming. SMR is a mature and cost effective process that convert natural gas into hydrogen. Additionally, The abundance and accessibility of natural gas as a feedstock contribute to the high production of gray hydrogen, as it remains a readily available and economically viable option.

水素製造市場 : 2028年までの世界予測 - ecosystem

“Partial Oxidation segment is expected to be the second largest segment during the forecast period based on technology.”
By technology, the hydrogen generation market has been split into five types: steam methane reforming, partial oxidation, coal gasification, auto thermal reforming and electrolysis. The partial oxidation segment is expected to hold the second largest market share during the forecast period. Partial Oxidation is a  versatile technology for the production of hydrogen over other technologies. It uses diverse feedstocks, such as natural gas, methane, and other organic compounds. Moreover, partial oxidation is known for its ability to yield a high-purity hydrogen stream.


“By Application , transportation segment is expected to be the fastest growing segment during the forecast period.”
Based on the Application, the hydrogen generation market is segmented into methanol production, transportation, petroleum refinery, ammonia production, power generation, and others. The transportation segment is expected to be the fastest growing segment of the hydrogen generation market during the forecast period. As the world shifts towards more sustainable and environmentally friendly energy solutions, hydrogen fuel cell vehicles offer a promising alternative to internal combustion engine vehicles. They emit water vapours which makes them suitable for regions with stringent emissions regulations.

水素製造市場 : 2028年までの世界予測 - 12

“Asia-Pacific is expected to be the largest and fastest growing region in the hydrogen generation market.” 
Asia Pacific is expected to be the largest and fastest region in the hydrogen generation market during the forecast period. Asia Pacific is one of the rapid growing economic region in the world with highest population in the world. Asia Pacific has the highest greenhouse gase emission in the world. To overcome such issues, Asia Pacific adopted green technology to efficiently meet the growing energy needs and reduce GHG emissions. For example,  The India Energy Storage Alliance’s (IESA) MIGHT (Mobility and Infrastructure with Green Hydrogen Technologies) initiative aims to investigate options for India to utilize the potential of green hydrogen technologies for green energy acceleration and clean transportation uptake. According to a development plan for the hydrogen energy industry released by Chinese authorities in March 2022, by 2035, China will have built a complete hydrogen energy industry development system, with hydrogen produced from renewable energy accounting for a significant increase in its proportion in final energy consumption and playing a key role in the country’s green energy transition.


Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, South America- 12%,  Middle East- 4% and Africa- 4% 
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion,  and Tier 3: < USD 500 million

水素製造市場 : 2028年までの世界予測 - region

The hydrogen generation market is dominated by a few major players that have a wide regional presence. The leading players in the hydrogen generation market are Linde plc (Ireland), Air Products and Chemicals, Inc. (US), Saudi Arabian Oil Co. (Saudi Arabia), Shell plc (UK). The major strategy adopted by the players includes new product launches, partnerships, acquisitions, and investments & expansions.


Research Coverage:
The report defines, describes, and forecasts the global hydrogen generation market by , source, technology, generation and delivery mode, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the hydrogen generation market.


Key Benefits of Buying the Report
• Increasing demand for alternate fuel vehicles and growing environmental consciousness are few of the key factors driving the hydrogen generation market. Factors such as high initial cost and lack of infrastructure  restrain the growth of the market. The growing energy transition towards renewable energy sources and rapid urbanization are expected to present lucrative opportunities for the players operating in the hydrogen generation market.
• Product Development/ Innovation: The hydrogen generation market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products. Companies are investing in developing advanced hydrogen energy technologies for various applications.
• Market Development: Linde plc signed a long-term agreement to provide Evonik, a prominent specialty chemicals company, with green hydrogen.
• Market Diversification: Air Liquide invested USD 140.15 million to construct and operate a unit producing hydrogen at the Grandpuits site with an annual capacity of more than 20,000 tons.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Linde plc (Ireland), Air Liquide (France), Air Products and Chemical, Inc. (US), Saudi Arabian Oil Co. (Saudi Arabia), and Shell plc (UK), among others in the hydrogen generation market.

Table of Contents

1            INTRODUCTION            28

1.1         STUDY OBJECTIVES      28

1.2         MARKET DEFINITION   28

1.3         INCLUSIONS AND EXCLUSIONS 29

1.3.1      HYDROGEN GENERATION MARKET, BY SOURCE: INCLUSIONS AND EXCLUSIONS    29

1.3.2      HYDROGEN GENERATION MARKET, BY TECHNOLOGY: INCLUSIONS AND EXCLUSIONS         29

1.3.3      HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE: INCLUSIONS AND EXCLUSIONS 29

1.3.4      HYDROGEN GENERATION MARKET, BY APPLICATION: INCLUSIONS AND EXCLUSIONS         29

1.3.5      HYDROGEN GENERATION MARKET, BY REGION: INCLUSIONS AND EXCLUSIONS    30

1.4         STUDY SCOPE  30

FIGURE 1           HYDROGEN GENERATION MARKET SEGMENTATION   30

1.4.1      REGIONAL SCOPE         31

1.4.2      YEARS CONSIDERED     31

1.4.3      CURRENCY CONSIDERED          32

1.5         LIMITATIONS   32

1.6         STAKEHOLDERS            32

1.7         SUMMARY OF CHANGES            33

1.8         IMPACT OF RECESSION 33

2            RESEARCH METHODOLOGY     34

2.1         RESEARCH DATA           34

FIGURE 2           HYDROGEN GENERATION MARKET: RESEARCH DESIGN              34

2.1.1      SECONDARY DATA       35

2.1.1.1   Key data from secondary sources     35

2.1.2      PRIMARY DATA 35

2.1.2.1   Key data from primary sources         36

2.1.2.2   Breakdown of primaries     36

FIGURE 3           HYDROGEN GENERATION MARKET: BREAKDOWN OF PRIMARIES        37

2.2         MARKET BREAKDOWN AND DATA TRIANGULATION    37

FIGURE 4           HYDROGEN GENERATION MARKET: DATA TRIANGULATION METHODOLOGY           38

2.3         MARKET SIZE ESTIMATION METHODOLOGY    38

2.3.1      BOTTOM-UP APPROACH           39

FIGURE 5           HYDROGEN GENERATION MARKET: BOTTOM-UP APPROACH              39

2.3.2      TOP-DOWN APPROACH             40

FIGURE 6           HYDROGEN GENERATION MARKET: TOP-DOWN APPROACH              40

2.3.3      DEMAND-SIDE ANALYSIS           40

FIGURE 7           HYDROGEN GENERATION MARKET: DEMAND-SIDE ANALYSIS              40

2.3.3.1   Demand-side metrics         41

FIGURE 8           KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR HYDROGEN GENERATION SOLUTIONS 41

2.3.3.2   Demand-side assumptions 41

2.3.3.3   Demand-side calculations  41

2.3.4      SUPPLY-SIDE ANALYSIS             42

FIGURE 9           KEY METRICS CONSIDERED TO ANALYZE SUPPLY OF HYDROGEN GENERATION SOLUTIONS 42

FIGURE 10         HYDROGEN GENERATION MARKET: SUPPLY-SIDE ANALYSIS              43

2.3.4.1   Supply-side assumptions    43

FIGURE 11         HYDROGEN GENERATION MARKET: MARKET SHARE ANALYSIS, 2022 44

2.4         FORECAST        44

2.5         RECESSION IMPACT      45

3            EXECUTIVE SUMMARY 46

TABLE 1             HYDROGEN GENERATION MARKET SNAPSHOT             46

FIGURE 12         ASIA PACIFIC HELD LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2022 47

FIGURE 13         PETROLEUM REFINERY SEGMENT TO DOMINATE HYDROGEN GENERATION MARKET DURING FORECAST PERIOD     48

FIGURE 14         GREY HYDROGEN SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2028  48

FIGURE 15         STEAM METHANE REFORMING (SMR) SEGMENT TO HOLD LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2023            49

FIGURE 16         MERCHANT SEGMENT TO EXHIBIT HIGHER CAGR BETWEEN 2023 AND 2028  49

4            PREMIUM INSIGHTS      50

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYDROGEN GENERATION MARKET 50

FIGURE 17         RISING FOCUS ON CURBING GREENHOUSE GAS EMISSIONS FROM HYDROGEN PRODUCTION PROCESSES TO CONTRIBUTE TO MARKET GROWTH          50

4.2         HYDROGEN GENERATION MARKET, BY REGION            51

FIGURE 18         ASIA PACIFIC HYDROGEN GENERATION MARKET TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028       51

4.3         ASIA PACIFIC HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE AND COUNTRY  51

FIGURE 19         CAPTIVE SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC HYDROGEN GENERATION MARKET IN 2022          51

4.4         HYDROGEN GENERATION MARKET, BY TECHNOLOGY 52

FIGURE 20         STEAM METHANE REFORMING (SMR) SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022  52

4.5         HYDROGEN GENERATION MARKET, BY SOURCE            52

FIGURE 21         GREY HYDROGEN SEGMENT HELD LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2022       52

4.6         HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE  53

FIGURE 22         CAPTIVE SEGMENT ACCOUNTED FOR LARGER SHARE OF HYDROGEN GENERATION MARKET IN 2022       53

4.7         HYDROGEN GENERATION MARKET, BY APPLICATION 53

FIGURE 23         PETROLEUM REFINERY SEGMENT HELD LARGEST MARKET SHARE IN 2022  53

5            MARKET OVERVIEW     54

5.1         INTRODUCTION            54

5.2         MARKET DYNAMICS     54

FIGURE 24         HYDROGEN GENERATION MARKET: MARKET DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES       54

5.2.1      DRIVERS            55

5.2.1.1   Enforcement of stringent regulations to curb greenhouse gas emissions   55

FIGURE 25         GLOBAL GREENHOUSE GAS EMISSIONS, BY SECTOR, 2022              55

5.2.1.2   Government initiatives to increase green hydrogen generation  56

5.2.1.3   Use of hydrogen to power fuel-cell electric vehicles and rockets 56

FIGURE 26         FUEL-CELL ELECTRIC VEHICLE STOCK, BY REGION, 2019–2022              57

5.2.2      RESTRAINTS     57

5.2.2.1   Energy loss during hydrogen production        57

5.2.2.2   Poor hydrogen refueling infrastructure and presence of alternatives        57

5.2.2.3   Lack of renewable energy sources for hydrogen generation        58

5.2.3      OPPORTUNITIES           58

5.2.3.1   Increasing government spending on hydrogen implementation projects   58

TABLE 2             POLICIES IMPLEMENTED BY MAJOR ECONOMIES TO BOOST HYDROGEN ADOPTION             58

5.2.3.2   Rising emphasis on achieving net-zero carbon emission targets  58

FIGURE 27         CUMULATIVE EMISSION REDUCTION, BY MITIGATION MEASURE, 2021–2050     59

5.2.3.3   Surging investments in low-emission fuels     59

5.2.4      CHALLENGES   60

5.2.4.1   Underdeveloped hydrogen infrastructure and high-cost production techniques              60

5.2.4.2   Technological challenges in implementing hydrogen into natural gas networks              60

5.2.4.3   High costs associated with blue hydrogen production   60

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 60

FIGURE 28         HYDROGEN GENERATION MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 61

5.4         PRICING ANALYSIS        61

5.4.1      INDICATIVE PRICING ANALYSIS, BY TECHNOLOGY       61

TABLE 3             INDICATIVE PRICING ANALYSIS, BY TECHNOLOGY       61

TABLE 4             INDICATIVE PRICING ANALYSIS, BY ELECTROLYSIS      62

5.4.2      INDICATIVE PRICING ANALYSIS, BY SOURCE     62

TABLE 5             INDICATIVE PRICING ANALYSIS, BY SOURCE     62

5.5         SUPPLY CHAIN ANALYSIS          62

FIGURE 29         HYDROGEN GENERATION MARKET: SUPPLY CHAIN ANALYSIS              63

TABLE 6             HYDROGEN GENERATION MARKET: COMPANIES AND THEIR ROLES IN HYDROGEN GENERATION ECOSYSTEM          63

5.6         ECOSYSTEM/MARKET MAP       65

FIGURE 30         HYDROGEN GENERATION MARKET: ECOSYSTEM/MARKET MAP      65

5.7         TRADE ANALYSIS          66

5.7.1      EXPORT SCENARIO       66

TABLE 7             EXPORT DATA FOR HS CODE: 280410, BY COUNTRY, 2020–2022 (USD THOUSAND)        66

FIGURE 31         EXPORT DATA FOR HS CODE: 280410, BY COUNTRY, 2020–2022 (USD THOUSAND)        66

5.7.2      IMPORT SCENARIO       67

TABLE 8             IMPORT DATA FOR HS CODE: 280410, BY COUNTRY, 2020–2022 (USD THOUSAND)        67

FIGURE 32         IMPORT DATA FOR HS CODE: 280410, BY COUNTRY, 2020–2022 (USD THOUSAND)        67

5.8         TECHNOLOGY ANALYSIS           67

5.8.1      STEAM METHANE REFORMING 68

5.8.2      PARTIAL OXIDATION   68

5.8.3      COAL GASIFICATION    68

5.8.4      ELECTROLYSIS 68

5.9         CASE STUDY ANALYSIS 69

5.9.1      ASAHI KASEI CORPORATION ADOPTS SAP LEONARDO’S TECHNOLOGY PLATFORM TO MEET GREEN HYDROGEN PRODUCTION REQUIREMENTS            69

5.9.1.1   Problem statement            69

5.9.1.2   Solution 69

5.9.2      NATIONAL RENEWABLE ENERGY LABORATORY AND ELECTRIC HYDROGEN PARTNER TO DEVELOP HIGH-PERFORMANCE ELECTROLYZER COMPONENTS 70

5.9.2.1   Problem statement            70

5.9.2.2   Solution 70

5.9.3      RWE TESTS SUNFIRE’S ELECTROLYSIS TECHNOLOGIES TO GENERATE GREEN HYDROGEN       70

5.9.3.1   Problem statement            70

5.9.3.2   Solution 70

5.10       KEY CONFERENCES AND EVENTS, 2023–2024     70

TABLE 9             HYDROGEN GENERATION MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024             70

5.11       PATENT ANALYSIS        73

FIGURE 33         NUMBER OF PATENTS GRANTED IN HYDROGEN GENERATION MARKET, 2013–2023       73

5.11.1    LIST OF MAJOR PATENTS          74

TABLE 10           HYDROGEN GENERATION MARKET: MAJOR PATENTS RELATED TO HYDROGEN GENERATION SYSTEMS         74

5.12       TARIFFS AND REGULATORY LANDSCAPE          76

5.12.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          76

TABLE 11           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         76

TABLE 12           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         76

TABLE 13           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         77

5.12.2    REGULATIONS 77

TABLE 14           HYDROGEN GENERATION MARKET: REGULATIONS      77

5.13       PORTER’S FIVE FORCES ANALYSIS         79

FIGURE 34         HYDROGEN GENERATION MARKET: PORTER’S FIVE FORCES ANALYSIS          79

TABLE 15           HYDROGEN GENERATION MARKET: PORTER’S FIVE FORCES ANALYSIS          79

5.13.1    THREAT OF NEW ENTRANTS    80

5.13.2    BARGAINING POWER OF SUPPLIERS     80

5.13.3    BARGAINING POWER OF BUYERS           80

5.13.4    THREAT OF SUBSTITUTES         80

5.13.5    INTENSITY OF COMPETITIVE RIVALRY 80

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    81

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         81

FIGURE 35         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS   81

TABLE 16           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)          81

5.14.2    BUYING CRITERIA         81

FIGURE 36         HYDROGEN GENERATION MARKET: KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS        81

TABLE 17           HYDROGEN GENERATION MARKET: KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS        82

6            HYDROGEN GENERATION MARKET, BY SOURCE            83

6.1         INTRODUCTION            84

FIGURE 37         GREY HYDROGEN SEGMENT HELD LARGEST MARKET SHARE IN 2022 84

TABLE 18           HYDROGEN GENERATION MARKET, BY SOURCE, 2018–2022 (THOUSAND METRIC TONS)     84

TABLE 19           HYDROGEN GENERATION MARKET, BY SOURCE, 2023–2028 (THOUSAND METRIC TONS)     84

TABLE 20           HYDROGEN GENERATION MARKET, BY SOURCE, 2018–2022 (USD MILLION) 85

TABLE 21           HYDROGEN GENERATION MARKET, BY SOURCE, 2023–2028 (USD MILLION) 85

6.2         BLUE HYDROGEN         85

6.2.1      SHIFTING PREFERENCE TOWARD CLEAN ENERGY SOURCES TO CONTRIBUTE TO SEGMENTAL GROWTH           85

6.3         GREY HYDROGEN         86

6.3.1      LOW COST OF GREY HYDROGEN PRODUCTION TECHNIQUES TO ACCELERATE MARKET GROWTH           86

6.4         GREEN HYDROGEN       86

6.4.1      RISING DEPLOYMENT OF RENEWABLE ENERGY GENERATION TECHNOLOGIES TO DRIVE MARKET     86

7            HYDROGEN GENERATION MARKET, BY APPLICATION 87

7.1         INTRODUCTION            88

FIGURE 38         HYDROGEN GENERATION MARKET, BY APPLICATION, 2022              88

TABLE 22           HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)          88

TABLE 23           HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)          89

TABLE 24           HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)     89

TABLE 25           HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     89

7.2         PETROLEUM REFINERY 90

7.2.1      INCREASING USE OF HYDROGEN IN REFINERIES TO REDUCE SULFUR CONTENT IN DIESEL FUELS TO BOOST SEGMENTAL GROWTH 90

TABLE 26           PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS)       90

TABLE 27           PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)       90

TABLE 28           PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)  91

TABLE 29           PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)  91

7.3         AMMONIA PRODUCTION           92

7.3.1      RISING NEED FOR AMMONIA IN NITROGEN-BASED FERTILIZERS TO PROPEL MARKET          92

TABLE 30           AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS)       92

TABLE 31           AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)       93

TABLE 32           AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)  93

TABLE 33           AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)  93

7.4         METHANOL PRODUCTION       94

7.4.1      SURGING NEED FOR TRANSPORTATION FUELS AND ELECTRICITY GENERATION TO ACCELERATE SEGMENTAL GROWTH 94

TABLE 34           METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS)   94

TABLE 35           METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)   94

TABLE 36           METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)            95

TABLE 37           METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)            95

7.5         TRANSPORTATION       95

7.5.1      INCREASING SALES OF FUEL-CELL ELECTRIC VEHICLES TO SUPPORT MARKET GROWTH        95

TABLE 38           TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS)            96

TABLE 39           TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)            96

TABLE 40           TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)       97

TABLE 41           TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)       97

7.6         POWER GENERATION   98

7.6.1      INCREASING RELIANCE ON BACKUP POWER SOURCES TO CONTRIBUTE TO SEGMENTAL GROWTH           98

TABLE 42           POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS)            98

TABLE 43           POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)            99

TABLE 44           POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)       99

TABLE 45           POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)       100

7.7         OTHERS             100

TABLE 46           OTHERS: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS) 100

TABLE 47           OTHERS: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS) 101

TABLE 48           OTHERS: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)          101

TABLE 49           OTHERS: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)          101

8            HYDROGEN GENERATION MARKET, BY TECHNOLOGY 102

8.1         INTRODUCTION            103

FIGURE 39         STEAM METHANE REFORMING (SMR) SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022  103

TABLE 50           HYDROGEN GENERATION MARKET, BY TECHNOLOGY, 2018–2022 (THOUSAND METRIC TONS)          103

TABLE 51           HYDROGEN GENERATION MARKET, BY TECHNOLOGY, 2023–2028 (THOUSAND METRIC TONS)          104

TABLE 52           HYDROGEN GENERATION MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)     104

TABLE 53           HYDROGEN GENERATION MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)     104

TABLE 54           HYDROGEN GENERATION MARKET: TECHNOLOGY COMPARISON   105

8.2         STEAM METHANE REFORMING (SMR)  107

8.2.1      DEPLOYMENT OF STEAM METHANE REFORMING (SMR) TECHNOLOGY AS COST-EFFECTIVE METHOD OF HYDROGEN PRODUCTION TO DRIVE MARKET       107

8.3         PARTIAL OXIDATION (POX)      108

8.3.1      RELIANCE ON PARTIAL OXIDATION (POX) PROCESS TO PRODUCE HYDROGEN FOR FUEL CELL APPLICATIONS TO BOOST SEGMENTAL GROWTH              108

8.4         AUTO THERMAL REFORMING (ATR)     108

8.4.1      ADOPTION OF AUTO THERMAL REFORMING (ATR) TECHNIQUE TO PRODUCE ADVANCED BIOFUELS TO CONTRIBUTE TO MARKET GROWTH              108

8.5         COAL GASIFICATION    108

8.5.1      IMPLEMENTATION OF COAL GASIFICATION TECHNOLOGY TO GENERATE ELECTRICITY TO FUEL SEGMENTAL GROWTH        108

8.6         ELECTROLYSIS 109

8.6.1      GROWING RELIANCE ON ELECTROLYSIS TO INCREASE ENERGY EFFICIENCY OF HYDROGEN GENERATION PROCESS TO DRIVE MARKET              109

TABLE 55           HYDROGEN GENERATION MARKET: ELECTROLYSIS TECHNOLOGY COMPARISON   109

8.6.1.1   Alkaline electrolysis           112

8.6.1.2   Proton exchange membrane            113

8.6.1.3   Solid oxide electrolysis       113

8.6.1.4   Anion exchange membrane 113

9            HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE  114

9.1         INTRODUCTION            115

FIGURE 40         CAPTIVE SEGMENT HELD LARGER SHARE OF HYDROGEN GENERATION MARKET IN 2022 115

TABLE 56           HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)          115

TABLE 57           HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)          116

TABLE 58           HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)     116

TABLE 59           HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)     116

9.2         CAPTIVE            116

9.2.1      ADOPTION OF CAPTIVE HYDROGEN GENERATION MODE FOR TRANSPORTATION AND POWER GENERATION APPLICATIONS TO PROPEL MARKET            116

TABLE 60           CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS) 117

TABLE 61           CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS) 117

TABLE 62           CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)          117

TABLE 63           CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)          118

9.3         MERCHANT      118

9.3.1      PRODUCTION OF MERCHANT HYDROGEN USING SMALL-SCALE REFORMERS TO ACCELERATE SEGMENTAL GROWTH  118

TABLE 64           MERCHANT: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS) 118

TABLE 65           MERCHANT: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS) 119

TABLE 66           MERCHANT: HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION)          119

TABLE 67           MERCHANT: HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION)          119

9.3.1.1   Delivery mode     120

9.3.1.1.1 Surging demand for hydrogen in fueling stations to boost segmental growth              120

TABLE 68           MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)          120

TABLE 69           MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)          120

TABLE 70           MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE, 2018–2022 (USD MILLION)     121

TABLE 71           MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE, 2023–2028 (USD MILLION)     121

9.3.1.1.1.1           Liquid on-site plant & pipeline        121

9.3.1.1.1.2           Bulk & cylinder (gaseous form)        121

9.3.1.1.1.3           Bulk (liquid form)              122

9.3.1.1.1.4           Small on-site        122

9.3.1.2   State      122

9.3.1.2.1 Gas        122

9.3.1.2.1.1           Increasing demand for gaseous hydrogen in transportation sector and petroleum refineries to drive market 122

TABLE 72           MERCHANT: HYDROGEN GENERATION MARKET, BY STATE, 2018–2022 (THOUSAND METRIC TONS) 122

TABLE 73           MERCHANT: HYDROGEN GENERATION MARKET, BY STATE, 2023–2028 (THOUSAND METRIC TONS) 123

TABLE 74           MERCHANT: HYDROGEN GENERATION MARKET FOR GAS, BY REGION, 2018–2022 (THOUSAND METRIC TONS)            123

TABLE 75           MERCHANT: HYDROGEN GENERATION MARKET FOR GAS, BY REGION, 2023–2028 (THOUSAND METRIC TONS)            123

9.3.1.2.2 Liquid    124

9.3.1.2.2.1           Rising adoption of liquid hydrogen for transportation and space propulsion applications to accelerate market growth    124

TABLE 76           MERCHANT: HYDROGEN GENERATION MARKET FOR LIQUID, BY REGION, 2018–2022 (THOUSAND METRIC TONS)       124

TABLE 77           MERCHANT: HYDROGEN GENERATION MARKET FOR LIQUID, BY REGION, 2023–2028 (THOUSAND METRIC TONS)       124

10          HYDROGEN GENERATION MARKET, BY REGION            125

10.1       INTRODUCTION            126

FIGURE 41         ASIA PACIFIC HYDROGEN GENERATION MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD    126

FIGURE 42         HYDROGEN GENERATION MARKET SHARE, BY REGION, 2022              127

TABLE 78           HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (THOUSAND METRIC TONS)     127

TABLE 79           HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)     127

TABLE 80           HYDROGEN GENERATION MARKET, BY REGION, 2018–2022 (USD MILLION) 128

TABLE 81           HYDROGEN GENERATION MARKET, BY REGION, 2023–2028 (USD MILLION) 128

10.2       NORTH AMERICA          128

FIGURE 43         NORTH AMERICA: HYDROGEN GENERATION MARKET SNAPSHOT        129

10.2.1    RECESSION IMPACT ON MARKET IN NORTH AMERICA 130

TABLE 82           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)              130

TABLE 83           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)              130

TABLE 84           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)             130

TABLE 85           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)             131

TABLE 86           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  131

TABLE 87           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  131

TABLE 88           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           132

TABLE 89           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           132

TABLE 90           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (THOUSAND METRIC TONS)         132

TABLE 91           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)         133

TABLE 92           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    133

TABLE 93           NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    133

10.2.1.1 US         134

10.2.1.1.1            Use of hydrogen for food processing and ammonia production to drive market   134

TABLE 94           US: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 134

TABLE 95           US: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 135

TABLE 96           US: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          135

TABLE 97           US: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          135

10.2.1.2 Canada  136

10.2.1.2.1            Reliance on renewable energy sources to contribute to market growth              136

TABLE 98           CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  136

TABLE 99           CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  136

TABLE 100         CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           137

TABLE 101         CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           137

10.2.1.3 Mexico  137

10.2.1.3.1            Increase in oil refining activities to foster market growth            137

TABLE 102         MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  138

TABLE 103         MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  138

TABLE 104         MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           138

TABLE 105         MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           139

10.3       ASIA PACIFIC    139

FIGURE 44         ASIA PACIFIC: HYDROGEN GENERATION MARKET SNAPSHOT              140

10.3.1    RECESSION IMPACT ON MARKET IN ASIA PACIFIC         140

TABLE 106         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)              141

TABLE 107         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)              141

TABLE 108         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)             141

TABLE 109         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)             141

TABLE 110         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  142

TABLE 111         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  142

TABLE 112         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           143

TABLE 113         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           143

TABLE 114         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (THOUSAND METRIC TONS)         144

TABLE 115         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)         144

TABLE 116         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    145

TABLE 117         ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    145

10.3.1.1 Japan     145

10.3.1.1.1            Rising adoption of hydrogen for large-scale electricity generation to accelerate market growth   145

TABLE 118         JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 146

TABLE 119         JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 146

TABLE 120         JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          146

TABLE 121         JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          147

10.3.1.2 China     147

10.3.1.2.1            Mounting ammonia production to increase agricultural output to fuel market growth     147

TABLE 122         CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 148

TABLE 123         CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 148

TABLE 124         CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          148

TABLE 125         CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          149

10.3.1.3 India      149

10.3.1.3.1            Shifting focus on expanding oil refining infrastructure to contribute to market growth     149

TABLE 126         INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 150

TABLE 127         INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 150

TABLE 128         INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          150

TABLE 129         INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          151

10.3.1.4 Australia 151

10.3.1.4.1            Surging export of coal and liquified natural gas to accelerate market growth   151

TABLE 130         AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  151

TABLE 131         AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  152

TABLE 132         AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           152

TABLE 133         AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           152

10.3.1.5 South Korea        153

10.3.1.5.1            Increasing enforcement of regulations aimed at decarbonizing energy sector to drive market        153

TABLE 134         SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  153

TABLE 135         SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  154

TABLE 136         SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           154

TABLE 137         SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           154

10.3.1.6 Rest of Asia Pacific            155

TABLE 138         REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  155

TABLE 139         REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  155

TABLE 140         REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           156

TABLE 141         REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           156

10.4       EUROPE             156

10.4.1    RECESSION IMPACT ON MARKET IN EUROPE    157

TABLE 142         EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)              157

TABLE 143         EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)              157

TABLE 144         EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)             157

TABLE 145         EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)             158

TABLE 146         EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  158

TABLE 147         EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  158

TABLE 148         EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           159

TABLE 149         EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           159

TABLE 150         EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (THOUSAND METRIC TONS) 159

TABLE 151         EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS) 160

TABLE 152         EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          160

TABLE 153         EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          160

10.4.1.1 Germany             161

10.4.1.1.1            Rising focus on mass production of fuel cell electric vehicles to propel market   161

TABLE 154         GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  161

TABLE 155         GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  162

TABLE 156         GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           162

TABLE 157         GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           162

10.4.1.2 UK         163

10.4.1.2.1            Increasing focus on decarbonizing grid operations to create demand for hydrogen             163

TABLE 158         UK: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 163

TABLE 159         UK: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 164

TABLE 160         UK: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          164

TABLE 161         UK: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          164

10.4.1.3 France   165

10.4.1.3.1            Rising investments in renewable energy generation systems to drive market   165

TABLE 162         FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  165

TABLE 163         FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  166

TABLE 164         FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           166

TABLE 165         FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           166

10.4.1.4 Russia    167

10.4.1.4.1            Mounting export of oil and natural gas to contribute to market growth              167

TABLE 166        RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 167

TABLE 167        RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 167

TABLE 168        RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          168

TABLE 169        RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          168

10.4.1.5 Rest of Europe     168

TABLE 170         REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  169

TABLE 171         REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  169

TABLE 172         REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           169

TABLE 173         REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           170

10.5       SOUTH AMERICA           170

10.5.1    RECESSION IMPACT ON MARKET IN SOUTH AMERICA  170

TABLE 174         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)              171

TABLE 175         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)              171

TABLE 176         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)             171

TABLE 177         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)             171

TABLE 178         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  172

TABLE 179         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  172

TABLE 180         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           173

TABLE 181         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           173

TABLE 182         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (THOUSAND METRIC TONS)         173

TABLE 183         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)         174

TABLE 184         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    174

TABLE 185         SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    174

10.5.1.1 Brazil     175

10.5.1.1.1            Growing usage of hydrogen for transportation, fertilization, and electricity production applications to drive market       175

TABLE 186        BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 175

TABLE 187        BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 175

TABLE 188        BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          176

TABLE 189        BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          176

10.5.1.2 Argentina            176

10.5.1.2.1            Increasing construction of renewable energy-powered hydrogen production facilities to fuel market growth     176

TABLE 190         ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  177

TABLE 191         ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  177

TABLE 192         ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           178

TABLE 193         ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           178

10.5.1.3 Rest of South America       178

TABLE 194         REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)       179

TABLE 195         REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)       179

TABLE 196         REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  180

TABLE 197         REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  180

10.6       MIDDLE EAST  180

10.6.1    RECESSION IMPACT ON MARKET IN MIDDLE EAST        181

TABLE 198         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS)              181

TABLE 199         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS)              181

TABLE 200         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)             181

TABLE 201         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)             182

TABLE 202         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  182

TABLE 203         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  182

TABLE 204         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           183

TABLE 205         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           183

TABLE 206         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (THOUSAND METRIC TONS)         183

TABLE 207         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)         184

TABLE 208         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    184

TABLE 209         MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    184

10.6.1.1 Saudi Arabia        185

10.6.1.1.1            Implementation of hydrogen fuel cell projects for transportation applications to accelerate market growth        185

TABLE 210         SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  185

TABLE 211         SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  186

TABLE 212         SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           186

TABLE 213         SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           187

10.6.1.2 Qatar     187

10.6.1.2.1            Influx of investments for scaling up ammonia and methanol production to fuel market growth         187

TABLE 214        QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 187

TABLE 215        QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 188

TABLE 216        QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          188

TABLE 217        QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          188

10.6.1.3 Iran        189

10.6.1.3.1            High demand for refined petroleum products to contribute to market growth   189

TABLE 218         IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 189

TABLE 219         IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 189

TABLE 220         IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          190

TABLE 221         IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          190

10.6.1.4 UAE      190

10.6.1.4.1            Adoption of hydrogen fuel for low-carbon power generation to drive market   190

TABLE 222         UAE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 191

TABLE 223         UAE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 191

TABLE 224         UAE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          191

TABLE 225         UAE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          192

10.6.1.5 Rest of Middle East            192

TABLE 226         REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)          192

TABLE 227         REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)          193

TABLE 228         REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)     193

TABLE 229         REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     194

10.7       AFRICA 194

10.7.1    RECESSION IMPACT ON MARKET IN AFRICA      194

TABLE 230         AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (THOUSAND METRIC TONS) 194

TABLE 231         AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (THOUSAND METRIC TONS) 195

TABLE 232         AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2018–2022 (USD MILLION)          195

TABLE 233         AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION AND DELIVERY MODE, 2023–2028 (USD MILLION)          195

TABLE 234        AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS) 195

TABLE 235        AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS) 196

TABLE 236        AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          196

TABLE 237        AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          196

TABLE 238         AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (THOUSAND METRIC TONS) 197

TABLE 239         AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS) 197

TABLE 240         AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          197

TABLE 241         AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          197

10.7.1.1 South Africa        198

10.7.1.1.1            Growing preference for alternative sources powered by hydrogen over carbon-intensive diesel generators to boost market growth         198

TABLE 242         SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  198

TABLE 243         SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  198

TABLE 244         SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           199

TABLE 245         SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           199

10.7.1.2 Rest of Africa       199

TABLE 246         REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (THOUSAND METRIC TONS)  200

TABLE 247         REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (THOUSAND METRIC TONS)  200

TABLE 248         REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           201

TABLE 249         REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           201

11          COMPETITIVE LANDSCAPE       202

11.1       OVERVIEW        202

11.2       STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023      203

FIGURE 45         HYDROGEN GENERATION MARKET: STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023       203

11.3       MARKET SHARE ANALYSIS, 2022             204

TABLE 250         HYDROGEN GENERATION MARKET: DEGREE OF COMPETITION 204

FIGURE 46         INDUSTRY CONCENTRATION, 2022       204

11.4       MARKET EVALUATION FRAMEWORK, 2019–2023             205

TABLE 251         MARKET EVALUATION FRAMEWORK, 2019–2023             205

11.5       REVENUE ANALYSIS OF TOP 5 PLAYERS, 2018–2022        206

FIGURE 47         REVENUE ANALYSIS OF TOP 5 PLAYERS, 2018–2022        206

11.6       COMPANY EVALUATION MATRIX, 2022 207

11.6.1    STARS  207

11.6.2    EMERGING LEADERS    207

11.6.3    PERVASIVE PLAYERS     207

11.6.4    PARTICIPANTS 207

FIGURE 48         HYDROGEN GENERATION MARKET: COMPANY EVALUATION MATRIX, 2022    208

11.6.5    COMPANY FOOTPRINT 208

TABLE 252         COMPANY TECHNOLOGY FOOTPRINT 208

TABLE 253         COMPANY SOURCE FOOTPRINT            209

TABLE 254         COMPANY APPLICATION FOOTPRINT  210

TABLE 255         COMPANY GENERATION AND DELIVERY MODE FOOTPRINT              211

TABLE 256         COMPANY REGIONAL FOOTPRINT        211

TABLE 257         COMPANY OVERALL FOOTPRINT          212

11.7       START-UP/SME EVALUATION MATRIX, 2022      213

11.7.1    PROGRESSIVE COMPANIES       213

11.7.2    RESPONSIVE COMPANIES          213

11.7.3    DYNAMIC COMPANIES 213

11.7.4    STARTING BLOCKS       213

FIGURE 49         HYDROGEN GENERATION MARKET: START-UP/SME EVALUATION MATRIX, 2022      214

11.7.5    COMPETITIVE BENCHMARKING            215

TABLE 258         HYDROGEN GENERATION MARKET: LIST OF KEY START-UPS/SMES         215

TABLE 259         HYDROGEN GENERATION MARKET: COMPANY TECHNOLOGY FOOTPRINT      215

TABLE 260         HYDROGEN GENERATION MARKET: COMPANY SOURCE FOOTPRINT      215

TABLE 261         HYDROGEN GENERATION MARKET: COMPANY GENERATION AND DELIVERY MODE FOOTPRINT       216

TABLE 262         HYDROGEN GENERATION MARKET: COMPANY APPLICATION FOOTPRINT      216

TABLE 263         HYDROGEN GENERATION MARKET: COMPANY REGIONAL FOOTPRINT      216

11.8       COMPETITIVE SCENARIOS AND TRENDS           217

11.8.1    DEALS  217

TABLE 264         HYDROGEN GENERATION MARKET: DEALS, 2019–2023 217

11.8.2    OTHERS             222

TABLE 265         HYDROGEN GENERATION MARKET: OTHERS, 2019–2023              222

12          COMPANY PROFILES    224

12.1       KEY PLAYERS   224

(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*

12.1.1    LINDE PLC        224

TABLE 266         LINDE PLC: COMPANY OVERVIEW         224

FIGURE 50         LINDE PLC: COMPANY SNAPSHOT        225

TABLE 267         LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              225

TABLE 268         LINDE PLC: DEALS        226

TABLE 269         LINDE PLC: OTHERS     228

12.1.2    AIR LIQUIDE     229

TABLE 270         AIR LIQUIDE: COMPANY OVERVIEW     229

FIGURE 51         AIR LIQUIDE: COMPANY SNAPSHOT     229

TABLE 271         AIR LIQUIDE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              230

TABLE 272         AIR LIQUIDE: DEALS     230

TABLE 273         AIR LIQUIDE: OTHERS  231

12.1.3    SAUDI ARABIAN OIL CO.            233

TABLE 274         SAUDI ARABIAN OIL CO.: COMPANY OVERVIEW             233

FIGURE 52         SAUDI ARABIAN OIL CO.: COMPANY SNAPSHOT            234

TABLE 275         SAUDI ARABIAN OIL CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          234

TABLE 276         SAUDI ARABIAN OIL CO.: DEALS            235

TABLE 277         SAUDI ARABIAN OIL CO.: OTHERS         235

12.1.4    AIR PRODUCTS AND CHEMICALS, INC. 237

TABLE 278         AIR PRODUCTS AND CHEMICALS, INC.: COMPANY OVERVIEW              237

FIGURE 53         AIR PRODUCTS AND CHEMICALS, INC.: COMPANY SNAPSHOT              238

TABLE 279         AIR PRODUCTS AND CHEMICALS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   238

TABLE 280         AIR PRODUCTS AND CHEMICALS, INC.: DEALS 239

TABLE 281         AIR PRODUCTS AND CHEMICALS, INC.: OTHERS            241

12.1.5    SHELL PLC        243

TABLE 282         SHELL PLC: COMPANY OVERVIEW         243

FIGURE 54         SHELL PLC: COMPANY SNAPSHOT        244

TABLE 283         SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              244

TABLE 284         SHELL PLC: DEALS        245

TABLE 285         SHELL PLC: OTHERS     245

12.1.6    ENGIE  247

TABLE 286         ENGIE: COMPANY OVERVIEW   247

FIGURE 55         ENGIE: COMPANY SNAPSHOT  248

TABLE 287         ENGIE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    248

TABLE 288         ENGIE: DEALS  249

12.1.7    CHEVRON CORPORATION         250

TABLE 289         CHEVRON CORPORATION: COMPANY OVERVIEW         250

FIGURE 56         CHEVRON CORPORATION: COMPANY SNAPSHOT         251

TABLE 290         CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   251

TABLE 291         CHEVRON CORPORATION: DEALS         252

12.1.8    ORSTED A/S      254

TABLE 292         ORSTED A/S: COMPANY OVERVIEW      254

FIGURE 57         ORSTED A/S: COMPANY SNAPSHOT      255

TABLE 293         ORSTED A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED              255

TABLE 294         ORSTED A/S: DEALS      256

TABLE 295         ORSTED A/S: OTHERS   256

12.1.9    MESSER GROUP             257

TABLE 296         MESSER GROUP: COMPANY OVERVIEW 257

TABLE 297         MESSER GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              257

TABLE 298         MESSER GROUP: DEALS             258

12.1.10  EQUINOR ASA  259

TABLE 299         EQUINOR ASA: COMPANY OVERVIEW   259

FIGURE 58         EQUINOR ASA: COMPANY SNAPSHOT   259

TABLE 300         EQUINOR ASA: PRODUCTS/SOLUTIONS/SERVICES OFFERED              260

TABLE 301         EQUINOR ASA: DEALS  260

TABLE 302         EQUINOR ASA: PRODUCT LAUNCHES   260

12.1.11  UNIPER SE         261

TABLE 303         UNIPER SE: COMPANY OVERVIEW         261

FIGURE 59         UNIPER SE: COMPANY SNAPSHOT         262

TABLE 304         UNIPER SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              262

TABLE 305         UNIPER SE: DEALS         263

12.1.12  EXXON MOBIL CORPORATION 264

TABLE 306         EXXON MOBIL CORPORATION: COMPANY OVERVIEW  264

FIGURE 60         EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 265

TABLE 307         EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   265

TABLE 308         EXXON MOBIL CORPORATION: DEALS 266

TABLE 309         EXXON MOBIL CORPORATION: OTHERS            266

12.1.13  BP P.L.C.            267

TABLE 310         BP P.L.C.: COMPANY OVERVIEW             267

FIGURE 61         BP P.L.C.: COMPANY SNAPSHOT            268

TABLE 311         BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 268

TABLE 312         BP P.L.C.: DEALS            269

TABLE 313         BP P.L.C.: OTHERS         269

12.1.14  IWATANI CORPORATION           270

TABLE 314         IWATANI CORPORATION: COMPANY OVERVIEW           270

FIGURE 62         IWATANI CORPORATION: COMPANY SNAPSHOT           271

TABLE 315         IWATANI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          271

TABLE 316         IWATANI CORPORATION: DEALS           272

TABLE 317         IWATANI CORPORATION: OTHERS        272

12.1.15  PETROLIAM NASIONAL BERHAD (PETRONAS)  273

TABLE 318         PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW        273

FIGURE 63         PETRONAS NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT        274

TABLE 319         PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCTS/SOLUTIONS/SERVICES OFFERED   274

TABLE 320         PETROLIAM NASIONAL BERHAD (PETRONAS): DEALS  275

12.1.16  IBERDROLA, S.A.            277

TABLE 321         IBERDROLA, S.A.: COMPANY OVERVIEW             277

FIGURE 64         IBERDROLA, S.A.: COMPANY SNAPSHOT            278

TABLE 322         IBERDROLA, S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          278

TABLE 323         IBERDROLA, S.A.: DEALS            279

TABLE 324         IBERDROLA, S.A.: OTHERS         280

12.2       OTHER PLAYERS           281

12.2.1    SIEMENS            281

12.2.2    HIRINGA ENERGY LIMITED       282

12.2.3    BAYOTECH       282

12.2.4    HYGEAR            283

*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.

13          APPENDIX         284

13.1       INSIGHTS FROM INDUSTRY EXPERTS   284

13.2       DISCUSSION GUIDE      285

13.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             290

13.4       CUSTOMIZATION OPTIONS      292

13.5       RELATED REPORTS       292

13.6       AUTHOR DETAILS         293