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Europe Liquid Hydrogen Market Share
Eminent players have increased investment in research and development to enhance hydrogen production, storage, and distribution technologies. By leveraging innovation, companies can optimize efficiency, reduce costs, and improve the scalability of liquid hydrogen solutions, thereby enhancing their competitiveness in the market. Moreover, companies are actively investing in infrastructure development to support the growing demand for liquid hydrogen across Europe. This includes the construction of hydrogen production facilities, storage terminals, and distribution networks, as well as the deployment of hydrogen refueling stations and industrial applications.
Europe Liquid Hydrogen Market Companies
Eminent players operating in the Europe Liquid Hydrogen industry are:
- Air Products and Chemicals, Inc.
- Air Liquide
- Chart Industries
- ENEOS Corporation
- ENGIE
- Hexagon Composites
- Iwatani Corporation
- Kawasaki Heavy Industries, Ltd.
- Linde plc
- Messer
- Nel ASA
- Plug Power Inc.
- Shell plc
- TotalEnergies
Who are the key leaders in the liquid hydrogen industry from Europe?
Air Liquide, Chart Industries, ENEOS Corporation, ENGIE, Hexagon Composites, Iwatani Corporation, Kawasaki Heavy Industries, Ltd., Linde plc, Messer, Nel ASA, Plug Power Inc., Shell plc, and TotalEnergies, are some of the major liquid hydrogen companies in Europe.
How big is the UK liquid hydrogen market?
The UK liquid hydrogen industry is expected to cross USD 2.9 billion by 2032 due to improving green industry, driving investments in the associated projects, including the development of hydrogen hubs, production facilities, and distribution networks in the country.
Why is the demand for SMR liquid hydrogen growing in Europe?
Europe liquid hydrogen market from the SMR segment is expected to exceed USD 15 billion by 2032 due to its efficiency, scalability, and cost-effectiveness along with availability of existing natural gas infrastructure and the abundance of methane feedstock.
What is the size of the Europe liquid hydrogen industry?
Europe liquid hydrogen market size was USD 9.5 billion in 2023 and is expected to register 7.1% CAGR from 2024-2032 owing to rising shifts in industries including transportation, steel production, chemicals, and energy, to hydrogen as a low-carbon alternative to fossil fuels in the region.