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Asia Pacific Chemical Liquid Hydrogen Market Share

Report ID: GMI9524
Published Date: May 2024
Report Format: PDF

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Asia Pacific Chemical Liquid Hydrogen Market Share

Asia Pacific Chemical Liquid Hydrogen Company Market Share

Eminent market players are expanding their presence in the region by establishing new production facilities, distribution networks, and storage infrastructure for the chemical generation of liquid hydrogen. Key players are forming strategic partnerships and collaborations with other industry stakeholders to facilitate knowledge sharing, technology transfer, and joint R&D initiatives, enabling companies to leverage complementary expertise. Furthermore, companies are prioritizing customer engagement and offering value added services including providing tailored solutions, technical support, and consultancy services to help customers optimize their hydrogen usage, improve efficiency, and achieve their sustainability goals.

Asia Pacific Chemical Liquid Hydrogen Market Companies

Eminent players operating in the Asia Pacific chemical liquid hydrogen industry are:

Air Products and Chemicals, Inc
Air Liquide
Ballard Power Systems Inc
Chart Industries
ENEOS Corporation
ENGIE
Hyosung Corporation
INOX India Limited
Iwatani Corporation
Linde plc
Nel ASA
Plug Power Inc.
Praxair Technology, Inc
Reliance Industries
Taiyo Nippon Sanso Corporation
TotalEnergies

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific chemical liquid hydrogen was reached USD 7.8 billion in 2023 and will grow at 5.3% CAGR during 2024 to 2032, driven by rising investments in fueling the hydrogen economy and achieving decarbonization goals.

The SMR process segment in the Asia Pacific chemical liquid hydrogen market held a decent share in 2023 and will exceed USD 11 billion by 2032, owing to its scalability and flexibility.

Australia chemical liquid hydrogen market will cross more than USD 1.1 billion by 2032, driven by rising investments in infrastructure and technology development.

Air Products and Chemicals, Inc, Air Liquide, Ballard Power Systems Inc, Chart Industries, ENEOS Corporation, ENGIE, Hyosung Corporation, INOX India Limited, Iwatani Corporation, Linde plc, and Nel ASA among others.