Grey Hydrogen Market - Top Companies and Manufacturers

  • Report ID: 5477
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Companies Dominating the Grey Hydrogen Landscape

    • Linde plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Air Products and Chemicals, Inc.
    • Exxon Mobil Corporation.
    • Iberdrola, S.A.
    • Air Liquide
    • Reliance Industries Limited. 
    • Indian Oil Corporation Ltd
    • Messer SE & Co. KGaA 
    • Ørsted
    • China National Petroleum Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • The first hydrogen refueling system for passenger trains was introduced by Linde. It is anticipated to refill 14 passenger trains fueled by hydrogen, enabling each train to travel 1000 kilometers without emitting any emissions on a single refueling. With a daily total capacity of 1600 kg of hydrogen, the plant is among the biggest hydrogen refueling systems ever constructed. The facility is outfitted with cutting-edge technology to incorporate green hydrogen production on-site in the future.
  • To generate hydrogen from natural gas, Air Products and Chemicals Inc. intends to construct a $1.3 billion plant in Edmonton, which it hopes to open in 2024. The company has signed a construction-related memorandum of understanding. The deal is still contingent on additional talks for incentives from the federal and Albertan governments, including a $15 million contribution from the province's emissions reduction fund.

Author Credits:  Dhruv Bhatia


  • Report ID: 5477
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of grey hydrogen is evaluated at USD 154.94 billion.

Grey Hydrogen Market size was over USD 151.07 billion in 2024 and is expected to exceed USD 227.52 billion by the end of 2037, growing at over 3.2% CAGR during the forecast period i.e., between 2025-2037. Increasing use in industrial applications, demand in the fertilizer industry, and increased use of hydrogen in the petrochemical industry will drive the market growth.

Asia Pacific industry is anticipated to account for largest revenue share of 43% by 2037, due to rapid industrialization and predominant investments in the research and development field in the region.

The major players in the market are Air Products and Chemicals, Inc., Exxon Mobil Corporation., Iberdrola, S.A., Air Liquide, Reliance Industries Limited., Indian Oil Corporation Ltd, Messer SE & Co. KGaA, Ørsted, China National Petroleum Corporation, JERA Co., Inc, and others.
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