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Transportation Liquid Hydrogen Market Share

Report ID: GMI7818
Published Date: Jan 2024
Report Format: PDF

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Transportation Liquid Hydrogen Market Share

International collaborations and partnerships between governments, research institutions, and private companies will accelerate the development and adoption of liquid hydrogen across the transport sector. Strategic agreements along the supply chain, from hydrogen production to transportation, contribute to optimizing the entire process. Therefore, these collaborations facilitate knowledge sharing, technology transfer, and joint initiatives to address the challenges associated with hydrogen transportation.

Transportation Liquid Hydrogen Market Companies

Eminent players operating in the transportation liquid hydrogen industry are:

Air Liquide
Air Products and Chemicals, Inc.
Iwatani Corporation
Messer
Plug Power Inc.
ENGIE
Linde plc
GE Appliances
Shell plc
Chart Industries
Kawasaki Heavy Industries, Ltd.
INOX India Limited
GenH2
Praxair Technology, Inc.
Salzburger Aluminium Group

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of transportation liquid hydrogen was worth more than USD 22.4 billion in 2023 and is projected to reach over USD 37.5 billion by 2032, driven by the growing investments from both public and private sectors for the development of hydrogen technologies.

The coal gasification segment in the transportation liquid hydrogen industry is estimated to record over 5.5% CAGR between 2024 and 2032, due to the ongoing implementation of supportive policies to promote clean energy, carbon reduction.

Europe transportation liquid hydrogen industry is poised to expand at over 6.5% CAGR from 2024 to 2032, attributed to the ongoing requirement to reduce greenhouse gas emissions and combat climate changes.

Some of the key transportation liquid hydrogen firms are Air Liquide, Air Products and Chemicals, Inc., Iwatani Corporation, Messer, GE Appliances, Plug Power Inc., ENGIE, Linde plc, Shell plc, Kawasaki Heavy Industries, Ltd., INOX India Limited, Praxair Technology, Inc., and Salzburger Aluminium Group.