Pink Hydrogen Market - Top Companies and Manufacturers

  • Report ID: 4989
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Companies Dominating the Pink Hydrogen Market

    • Siemens Energy AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Linde plc
    • Hydrogenics Corporation
    • Ballard Power Systems Inc.
    • ITM Power plc
    • McPhy Energy S.A.
    • Nel ASA
    • Plug Power Inc.
    • Toshiba Energy Systems & Solutions Corporation
    • Doosan Fuel Cell America

Browse Key Market Insights with Data Illustration:

In the News

  • Siemens Energy AG and EmBW together initiated the pilot project to use climate-friendly green hydrogen as fuel in future power plants. All the systems in the EnBW strict heating power plant are expected to replace coal with hydrogen as soon as possible.
  • Linde plc declared the agreement of a long-term supply of green hydrogen to Evonik to generate methionine which is the primary ingredient for animal feed. The agreement supported the expansion plan of the Evonik facility and promote the reduction of greenhouse gas emissions of Evonik in Singapore.

Author Credits:  Dhruv Bhatia


  • Report ID: 4989
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of pink hydrogen is estimated at USD 572.47 million.

The pink hydrogen market size was valued at USD 297.15 million in 2024 and is likely to cross USD 50.74 billion by 2037, expanding at more than 48.5% CAGR during the forecast period i.e., between 2025-2037. Rising applications of hydrogen in various sectors and high investment in renewable energy will boost the market growth.

Asia Pacific industry is predicted to dominate majority revenue share of 31% by 2037, owing to high usage of hydrogen in the automobile sector.

The major players in the market are Siemens Energy AGLinde plcHydrogenics CorporationBallard Power Systems Inc.ITM Power plcMcPhy Energy S.A.Nel ASAPlug Power Inc.Toshiba Energy Systems & Solutions CorporationDoosan Fuel Cell America
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