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Liquid Hydrogen Market Share

Report ID: GMI5996
Published Date: Jun 2024
Report Format: PDF

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Liquid Hydrogen Market Share

Liquid Hydrogen Company Market Share, 2023

significant rise in collaborations and ventures due to the increasing demand for clean energy solutions along with advancements in technology, and supportive policies are expected to drive the expansion of the hydrogen economy globally. These collaborations enable companies to combine strengths, share risks, and innovate more effectively, ultimately driving the industry forward towards a sustainable future. In addition, it allows allow companies to pool financial resources, reducing the burden on individual firms and enabling larger-scale projects.

Liquid Hydrogen Market Companies

Eminent players operating in the liquid hydrogen industry are:

Air Products and Chemicals, Inc.
Air Liquide
Chart Industries
ENGIE
GE Appliances
GENH2
INOX India Limited
Iwatani Corporation
Kawasaki Heavy Industries, Ltd.
Linde plc
Messer
Plug Power Inc.
Praxair Technology, Inc.
Salzburger Aluminium Group
Shell plc
Wuxi Yuantong Gas Co., Ltd

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of liquid hydrogen reached USD 38.4 billion in 2023 and will witness 6.1% CAGR between 2024 and 2032, propelled by advancements in hydrogen production technologies, increasing applications in sectors, and investments in hydrogen infrastructure.

Liquid hydrogen industry size from the cryogenic tanks segment will garner 5.5% CAGR through 2032, due to its critical role in storing and transporting hydrogen at extremely low temperatures.

Asia Pacific market size will reach USD 27.5 billion by 2032, owing to rapid industrialization, urbanization, and government initiatives promoting clean energy.

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.