Chemical Hydrogen Strategic Business Report 2025 | Government Incentives And Net-Zero Emission Policies Spur Investment In Chemical Hydrogen Production

(MENAFN- GlobeNewsWire - Nasdaq) Growing at a 4.2% CAGR, the market benefits from advancements in green hydrogen tech, fueling sectors like transportation and industrial applications. Key report insights cover tariff impacts, market drivers, and competitive analysis.

Dublin, May 14, 2025 (GLOBE NEWSWIRE) -- The "Chemical Hydrogen - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Chemical Hydrogen was estimated at US$43.9 Billion in 2024 and is projected to reach US$56.1 Billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030.

This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The report includes the most recent global tariff developments and how they impact the Chemical Hydrogen market.
Why is Chemical Hydrogen Gaining Unprecedented Market Momentum?
The global Chemical Hydrogen market is experiencing significant momentum, driven by its pivotal role in the transition toward sustainable energy solutions. As industries worldwide move towards decarbonization, chemical hydrogen has emerged as a crucial component in reducing carbon footprints across multiple sectors, including transportation, chemicals, and power generation. Governments and organizations are investing heavily in hydrogen infrastructure to facilitate large-scale production, storage, and distribution.

A major catalyst for the market's expansion is the growing adoption of hydrogen fuel cells in the automotive and aerospace industries. Fuel cell electric vehicles (FCEVs) are increasingly seen as a viable alternative to traditional internal combustion engine vehicles, owing to their efficiency and zero-emission characteristics. Additionally, hydrogen's role in industrial applications, particularly in the production of ammonia and methanol, is further propelling market demand. With technological advancements and cost reductions in electrolyzers and hydrogen storage systems, the adoption of chemical hydrogen is set to scale significantly in the coming years.
Which Industries Are Accelerating Demand for Chemical Hydrogen?
The Chemical Hydrogen market is witnessing surging demand across a broad spectrum of industries, primarily due to its diverse applications in both energy and chemical production. The petrochemical and refining sectors remain among the largest consumers, using hydrogen for hydrocracking and desulfurization processes that help refine crude oil into cleaner fuels. However, with increasing regulatory pressures and sustainability mandates, industries are shifting toward cleaner hydrogen sources , further driving market growth.

The steel and cement industries are also emerging as major contributors to hydrogen demand. As these sectors seek to lower carbon emissions, hydrogen is being integrated into production processes to replace conventional carbon-intensive energy sources. Additionally, hydrogen`s role in synthetic fuels and power generation is expanding, with several pilot projects exploring hydrogen as an alternative to natural gas in gas turbines . The agricultural industry is another key player, with hydrogen playing a vital role in fertilizer production , particularly in ammonia synthesis.
What Factors Are Fueling Market Growth?
The growth in the Chemical Hydrogen market is driven by several factors, including rising government investments, technological innovations, and increasing industrial adoption . Governments worldwide are establishing hydrogen roadmaps and subsidy programs to accelerate the transition to a hydrogen-based economy. Countries such as Japan, Germany, and South Korea are leading the charge with large-scale hydrogen infrastructure projects and public-private partnerships aimed at expanding hydrogen production capacity.

The push for carbon neutrality and emissions reduction targets is further driving industries to invest in clean hydrogen technologies . With growing end-user demand for low-carbon alternatives , companies are focusing on scaling up hydrogen production through electrolysis and carbon capture technologies .

Additionally, evolving consumer preferences for clean energy solutions are prompting energy companies to integrate hydrogen into their portfolios. As global hydrogen trade networks expand, the availability of cost-competitive hydrogen will further enhance market penetration, making Chemical Hydrogen a key pillar of the global energy transition.
Key Insights:

• Market Growth : Understand the significant growth trajectory of the Grey Chemical Hydrogen segment, which is expected to reach US$29.0 Billion by 2030 with a CAGR of a 5%. The Blue Chemical Hydrogen segment is also set to grow at 3.8% CAGR over the analysis period.
• Regional Analysis : Gain insights into the U.S. market, estimated at $12.0 Billion in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach $11.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data : Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis : Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles : Coverage of players such as Air Liquide, Air Products and Chemicals, Inc., Ballard Power Systems, Bloom Energy Corporation, BP plc and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry

Key Attributes:

Report Attribute	Details
No. of Pages	180
Forecast Period	2024 - 2030
Estimated Market Value (USD) in 2024	$43.9 Billion
Forecasted Market Value (USD) by 2030	$56.1 Billion
Compound Annual Growth Rate	4.2%
Regions Covered	Global

Key Topics Covered:
MARKET OVERVIEW

• Tariff Impact on Global Supply Chain Patterns
• Chemical Hydrogen - Global Key Competitors Percentage Market Share in 2024
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024

MARKET TRENDS & DRIVERS

• Rising Demand for Clean and Renewable Energy Sources Propels Interest in Chemical Hydrogen
• Expansion of Hydrogen Economy and Green Transition Goals Strengthens Business Case for Chemical Hydrogen
• Technological Advancements in Hydrogen Storage and Transport Enhance Adoption of Chemical Forms
• Growth in Fuel Cell Vehicles and Industrial Applications Drives Demand for Stable Hydrogen Carriers
• Partnerships Between Energy Companies and Chemical Firms Accelerate Development of Hydrogen Value Chains
• Government Incentives and Net-Zero Emission Policies Spur Investment in Chemical Hydrogen Production
• Increased Focus on Long-Distance Transport and Export Expands Opportunities for Chemical Hydrogen Solutions
• Innovation in Hydrogen-Rich Compounds Including Ammonia and LOHCs Drives Market Differentiation
• Integration with Renewable Energy Sources Sustains Growth of Green Chemical Hydrogen Pathways
• Rising Energy Security and Diversification Needs Propel Market for On-Demand Hydrogen Generation
• Cost Reduction in Electrolysis and Catalyst Technologies Strengthens Competitiveness of Chemical Hydrogen
• Regulatory Frameworks and Certification Standards Drive Adoption in Industrial and Transportation Sectors

FOCUS ON SELECT PLAYERS

• Air Liquide
• Air Products and Chemicals, Inc.
• Ballard Power Systems
• Bloom Energy Corporation
• BP plc
• Cummins Inc.
• ENGIE SA
• ExxonMobil Corporation
• Iberdrola
• ITM Power
• Johnson Matthey
• Linde plc
• McPhy Energy
• Mitsubishi Power
• Nel ASA
• Plug Power Inc.
• Shell plc
• Siemens Energy
• Thyssenkrupp Nucera
• TotalEnergies

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