Get a free sample of Asia Pacific Hydrogen Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Asia Pacific Hydrogen Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Asia Pacific Hydrogen Market Share
Eminent players are investing in infrastructure development, focusing on the establishment of robust hydrogen production, storage, and distribution networks. By expanding their infrastructure footprint, companies aim to support the scalability and widespread adoption of hydrogen technologies across the region. Technological innovation, with key players investing heavily in research and development to enhance the efficiency, reliability, and cost-effectiveness of hydrogen production and utilization technologies.
Asia Pacific Hydrogen Market Companies
Eminent players operating in the Asia Pacific hydrogen industry are:
- Air Liquide
- Air Products & Chemicals Inc
- Ballard Power Systems
- Cummins Inc
- H2U Technologies
- Iwatani Corporation
- Kawasaki Heavy Industries, Ltd.
- Linde plc.
- Messer Group GmbH
- Nel ASA
- Plug Power Inc
- Resonac Holdings Corporation
- TAIYO NIPPON SANSO CORPORATION
- Teledyne Technologies Incorporated,
- Toshiba Energy Systems & Solutions Corporation
What factors are contributing to the rising demand for hydrogen chemicals in APAC?
The chemical segment is estimated to secure 6% CAGR through 2032, attributed to the significant demand in various chemical processes, such as ammonia production and petroleum refining.
What is the size of the Asia Pacific hydrogen market?
The market size for hydrogen in Asia Pacific was worth USD 109.7 billion in 2023 and will expand at a 5.8% CAGR during 2024 and 2032, due to increasing energy demand across industries, coupled with the strong focus on reducing carbon emissions.
How big is the hydrogen industry in India?
India market is poised to cross USD 36.8 billion by 2032, driven by its renewable energy goals, significant investments in hydrogen production and government initiatives promoting hydrogen adoption.
Which are the leading players operating in the Asia Pacific hydrogen market?
Key firms operating in market are Air Liquide, Air Products & Chemicals Inc, Ballard Power Systems, Cummins Inc, H2U Technologies, Iwatani Corporation, Kawasaki Heavy Industries, Ltd., Linde plc., Messer Group GmbH, Nel ASA, Plug Power Inc, Resonac Holdings Corporation, Taiyo Nippon Sanso Corporation, Teledyne Technologies Incorporated, Toshiba Energy Systems & Solutions Corporation.