Liquid Hydrogen Market Size - By Production Method (Coal Gasification, SMR), By Distribution Method (Pipelines, Cryogenic Tanks), By End Use (Transportation, Chemical, Metals), Global Industry & Forecast, 2025 – 2034

The grid SMR segment is anticipated to cross 24.5 billion by 2032.

The U.S. liquid hydrogen market was worth over 8.2 billion in 2024.

The liquid hydrogen market was valued at USD 40.5 billion in 2024 and is expected to reach around 68.5 billion by 2034, growing at 5.4% CAGR through 2034.

Some of the major players in the liquid hydrogen industry include Some of the leading liquid hydrogen companies include Air Products and Chemicals, Inc., Air Liquide, Chart Industries, ENGIE, GE Appliances, GENH2, INOX India Limited, Kawasaki Heavy Industries, Ltd., Linde plc, Messer, Plug Power Inc., and Iwatani Corporation, among others.