Liquefaction plays an important part in the storage and transport of hydrogen as an energy source. The supply of liquid hydrogen to filling stations provides full flexibility. It may easily be pumped to high pressure and gasified for storage in compressed form in a vehicle's tanks, stored as a liquid, in the case of larger vehicles, or in a partly-cooled and compressed form for future applications. The supply of hydrogen in liquid form also reduces the volume that has to be transported. This means fewer tank trucks on the road, and no need for expensive and energy-demanding compression at the filling stations.
This report contains market size and forecasts of Hydrogen Liquefaction in global, including the following market information:
Global Hydrogen Liquefaction Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hydrogen Liquefaction Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Hydrogen Liquefaction companies in 2021 (%)
The global Hydrogen Liquefaction market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydrogen Above 99.999% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hydrogen Liquefaction include Zhejiang Jiahua Energy Chemical Industry, Air Products, Iwatani, Kawasaki Heavy Industries, Air Liquide, Prax Group, China Aerospace Science and Technology Corporation, Marubeni Corporation and Chiyoda Corporation and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydrogen Liquefaction manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydrogen Liquefaction Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Hydrogen Liquefaction Market Segment Percentages, by Type, 2021 (%)
Hydrogen Above 99.999%
Hydrogen Above 99.9999%
Global Hydrogen Liquefaction Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Hydrogen Liquefaction Market Segment Percentages, by Application, 2021 (%)
Chemical Companies
Fuel Cell Companies
Electronics Industry
Global Hydrogen Liquefaction Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Hydrogen Liquefaction Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hydrogen Liquefaction revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hydrogen Liquefaction revenues share in global market, 2021 (%)
Key companies Hydrogen Liquefaction sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Hydrogen Liquefaction sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Zhejiang Jiahua Energy Chemical Industry
Air Products
Iwatani
Kawasaki Heavy Industries
Air Liquide
Prax Group
China Aerospace Science and Technology Corporation
Marubeni Corporation
Chiyoda Corporation
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