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Liquid Hydrogen Market Share

Report ID: GMI5996
Published Date: Jun 2023
Report Format: PDF

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Liquid Hydrogen Market Share

Focus on the development of cost-effective and innovative heating solutions through new product innovations and acquisitions will augment the liquid hydrogen market dynamics. Major players operating across the business landscape include:

Air Products and Chemicals, Inc.
Shell plc
Air Liquide
Linde plc
Messer
Iwatani Corporation
Chart Industries
Plug Power Inc.
ENGIE
Wuxi Yuantong Gas Co., Ltd
Kawasaki Heavy Industries, Ltd.
INOX India Limited
GENH2
Praxair Technology, Inc.
Salzburger Aluminium Group.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of liquid hydrogen exceeded USD 39.7 billion in 2023 and will register 7% CAGR during 2024 to 2032 owing to the longstanding potential as a clean energy and ongoing government initiatives for scaling up the existing hydrogen infrastructure.

Coal gasification production segment is set to witness 4.1% growth from 2023-2032 due to negligible release of greenhouse gas while production in conjunction with versatility to be used in various applications including industrial processes, energy storage, hydrogen fuel cell vehicles, etc.

Asia Pacific liquid hydrogen business is poised to attain 4.4% gains between 2023 and 2032, backed by the paradigm shift toward energy conservation coupled with growing demand for hydrogen as a fuel across chemical and industrial processes.

Air Products and Chemicals, Inc., Shell plc, Air Liquide, Linde plc, Messer, Iwatani Corporation, Chart Industries, Kawasaki Heavy Industries, Ltd., INOX India Limited, GENH2, Praxair Technology, Inc., and Salzburger Aluminium Group among others.