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Grey Hydrogen Market Share

Report ID: GMI9505
Published Date: May 2024
Report Format: PDF

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Grey Hydrogen Market Share

Reliance Industries, Linde plc, Air Liquide, Air Products & Chemicals, Sinopec are some leading players operating in the industry. The companies are actively exploring growth ventures to expand their market presence, enhance efficiency, and transition towards more sustainable practices. These ventures often involve technological innovation, strategic partnerships, investments in infrastructure, and the integration of carbon capture technologies.

Grey Hydrogen Market Companies

Eminent players operating in the grey hydrogen industry are:

Air Liquide
Air Products & Chemicals, Inc.
China National Petroleum Corporation
Exxon Mobil Corporation
Indian Oil Corporation Limited
Iberdrola S.A.
Linde plc
Messer Group GmbH
Orsted A/S
Praxair Technology, Inc.
Reliance Industries Ltd.
Sinopec

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of grey hydrogen was reached USD 147.5 billion in 2023 and will grow at a 3.4% CAGR between 2024 and 2032, propelled by the growing demand for hydrogen coupled with the availability of natural gas feedstock and existing infrastructure for hydrogen transportation and storage.

Grey hydrogen market share from the natural gas segment will garner USD 125.5 billion by 2032 due to the widespread availability and cost-effectiveness of natural gas feedstock for hydrogen production.

Asia Pacific grey hydrogen industry will cross USD 137 billion by 2032, owing to robust industrial activities and energy-intensive sectors such as steel and chemicals.

Some of the leading grey hydrogen industry companies include Air Liquide, Air Products & Chemicals, Inc., China National Petroleum Corporation, Exxon Mobil Corporation, Indian Oil Corporation Limited, Iberdrola S.A., Linde plc, Messer Group GmbH, Orsted A/S, Praxair Technology, Inc., Reliance Industries Ltd., and Sinopec, among others.