Merchant Hydrogen Market Size, Share, By Type (Gaseous Merchant Hydrogen and Liquid Merchant Hydrogen), By Method (Steam Methane Reforming, Water Electrolysis, Coal Gasification, and Others), By Application (Industrial, Pharmaceutical, Military, Aerospace, Automobile, and Food) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI531624 | Publish Date: June 2024 | No. of Pages: 167

Merchant Hydrogen Market Companies

  • Airgas, Inc.
  • Cummins Inc.
  • Air Liquide
  • Linde plc
  • Taiyo Nippon Sanso
  • Xebec
  • Praxair, Inc.
  • Fuel Cell Energy, Inc.
  • Ballard Power Systems
  • Teledyne Energy Systems
  • Air Products and Chemicals, Inc.
  • Uniper
  • Fuel Cell Energy
  • Engie SA

Recent News:

  • In June 2024, Air Liquide plans to spend up to $850 million in four Large Modular Air Separation Units and associated infrastructure for ExxonMobil's proposed low-carbon hydrogen facility in Baytown, TX, under a long-term contractual agreement. This project will increase Air Liquide's ability to produce oxygen in Texas by fifty percent. If the project receives final investment clearance, it will represent the greatest industrial investment in Air Liquide Group history. The new low-carbon Air Liquide Baytown platform is primarily intended to deliver large volumes of low-carbon nitrogen and oxygen to ExxonMobil, in addition to large amounts of argon, krypton, and xenon for Air Liquide's other customers.
  • In May 2024, Cummins Inc. announced that its latest hydrogen internal combustion engines (H2-ICE) for Tata Motors began at a new, cutting-edge manufacturing facility in Jamshedpur, India. The first B6.7H hydrogen internal combustion engines were manufactured in March 2024, and Tata Motors trucks would soon be equipped with them. An effective method of lowering emissions from commercial vehicles is to use hydrogen internal combustion engines, which run on zero-carbon hydrogen fuel and have performance and operating range similar to diesel engines.