North America Market Forecast
North America hydrogen purifier market is predicted to hold revenue share of over 31.5% by the end of 2037. A major driver of the sector’s growth is the decarbonization initiatives bolstering hydrogen adoption. Green energy initiatives boost investments in building robust hydrogen infrastructure in the region, which is beneficial for the growth of the hydrogen purifier sector. Major initiatives such as the Hydrogen Shot initiative by the U.S., aiming to reduce the cost of clean hydrogen to USD 1 per KG by 2031, are poised to lead to a five-fold increase in the usage of hydrogen, up to 50 million metric tons per year by 2050. Proactive federal initiatives are expected to be major drivers of building a hydrogen economy and create robust supply chains that hydrogen purifier manufacturers in North America can leverage.
The U.S. is poised to hold a dominant market share in the North America hydrogen purifier market owing to major government initiatives to push an increase in hydrogen production. An additional driver of the market in the U.S. is the rising number of HFCVs bolstering hydrogen production and refueling stations. Furthermore, subsidies by the government for companies acquiring hydrogen from the seven Regional Clear Hydrogen Hubs are indicative of the pro-hydrogen economy stance of the country.
In November 2024, the government announced up to USD 2.2 billion for two Regional Clean Hydrogen Hubs to accelerate the commercial-scale deployment of clean, low-cost hydrogen. The trends are favorable for a major expansion of the hydrogen purifier market in the U.S., which is poised to add to the profitable opportunities for hydrogen purifier solutions providers during the forecast period.
Canada is poised to offer lucrative revenue streams for the hydrogen purifier sector. The hydrogen strategy of Canada aims to have 30% of the country’s end use energy from hydrogen by 2050, and realizing the goal has boosted investments in creating a sustainable hydrogen infrastructure. The supportive regulatory ecosystem and a sustained push by the government are projected to drive demand for hydrogen purifiers as production increases.
In August 2024, the government announced an investment of USD 9.14 million to support clean hydrogen deployment in Canada, creating a favorable ecosystem for industry stakeholders to bolster hydrogen production. Furthermore, companies have leveraged the government Energy Transition Programs in the past to create hydrogen complexes in the country that require hydrogen purifiers. For instance, in November 2022, Air Products received around USD 352 million from the Energy Transition Program for the Net-Zero Hydrogen Energy Complex in Alberta, Canada.
Europe Market Forecast
The Europe hydrogen purifier market is projected to register the fastest growth during the forecast period. The ambitious hydrogen strategy of the European Union (EU) aims to achieve 10 million tons of renewable hydrogen by 2030, as a part of the decarbonization goals. The imitative sets the tone for lucrative market opportunities for hydrogen purifying solutions as production is poised to expand exponentially. Germany, Netherlands, Poland, Italy, and France registered around 56% of the total hydrogen capacity in Europe, creating profitable domestic markets for key companies operating in the hydrogen purifier sector. Additionally, sustainability initiatives in multiple countries in the region are poised to assist the continued growth of the industry.
Germany is projected to register the largest revenue share in the hydrogen purifier market. The country has spurred large-scale investments to decarbonize and is a leading producer of hydrogen in Europe, creating profitable opportunities for hydrogen purification solutions. Furthermore, plans to expand the hydrogen pipelines are a major driver for the market. The Holstebro-Hamburg pipeline in Denmark and Germany is expected to boost hydrogen availability in the country, and further bolster the domestic hydrogen purifier hydrogen purifier market.
Major companies are leveraging the ambitious goals of Germany for complete decarbonization. For instance, in September 2022, Siemens commissioned one of the largest green hydrogen plants in Germany that will generate up to 1,350 tons of green hydrogen annually from renewable solar and wind power. Hydrogen purification solutions are projected to find increasing opportunities in expanding hydrogen plants in Germany.
France is poised to expand its market share in the hydrogen purifier market by the end of the forecast period. The country’s commitment to becoming a leader in the hydrogen economy is poised to be a significant driver for the industry. The Plan France 2030 has set a decarbonized hydrogen production target of 700,000 tons of renewable or low-carbon hydrogen per annum by 2030, and an electrolyzer capacity target of 6.5 GW by 2030.
Key companies in France are leveraging the country's favorable hydrogen production ecosystem. For instance, in November 2024, Haffner Energy launched its hydrogen production, training, and testing center in France. It will produce renewable hydrogen using its patented biomass and organic waste thermolysis process. The rising investments by companies in France indicate growing opportunities for the hydrogen purifier market.
Author Credits: Dhruv Bhatia
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