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Merchant Hydrogen Market - Top Companies and Manufacturers

  • Report ID: 3197
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Companies Dominating the Merchant Hydrogen Landscape

    • Cummins Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Airgas, Inc.
    • Air Products Inc.
    • Praxair Technology, Inc.
    • Linde plc
    • L’air Liquide S.A.
    • FuelCell Energy, Inc.
    • Bloom Energy Corporation
    • Exxon Mobil Corporation
    • General Hydrogen Corporation
Browse Key Market Insights with Data Illustration:

In the News

· June 08, 2021: Cummins Inc. plans to fund production of hydrogen powered boat, invented by a research team in the Nederland.


Author Credits:  Dhruv Bhatia


  • Report ID: 3197
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of merchant hydrogen is assessed at USD 96.85 billion.

Merchant Hydrogen Market size was over USD 91.64 billion in 2023 and is projected to exceed USD 223.54 billion by 2036, growing at over 7.1% CAGR during the forecast period i.e., between 2024-2036. Growing demand for clean fuel in vehicles and increasing use of hydrogen for petroleum refining will impel the market growth.

North America is predicted to account for largest revenue share by 2036, on the back of growing oil & gas industry in countries, such as, Canada, and the U.S.

The major players in the market are Airgas, Inc., Air Products Inc., Praxair Technology, Inc., Linde plc, Air Liquide, FuelCell Energy, Inc., Bloom Energy Corporation, and others.
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