Liquid organic hydrogen carriers (LOHC) are organic compounds that can absorb and release hydrogen through chemical reactions. LOHCs can therefore be used as storage media for hydrogen. In principle, every unsaturated compound (organic molecules with C-C double or triple bonds) can take up hydrogen during hydrogenation. The sequence of endothermal dehydrogenation followed by hydrogen purification is considered as the main drawback which limits the overall efficiency of the storage cycle.
This report contains market size and forecasts of Liquid Organic Hydrogen Carriers in global, including the following market information:
Global Liquid Organic Hydrogen Carriers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Liquid Organic Hydrogen Carriers Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Liquid Organic Hydrogen Carriers companies in 2021 (%)
The global Liquid Organic Hydrogen Carriers 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.
Cyclohexane Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Liquid Organic Hydrogen Carriers include Hynertech, Chiyoda Corporation, Hydrogenious Technologies, Covalion and Wuhuan Engineering, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Liquid Organic Hydrogen Carriers 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 Liquid Organic Hydrogen Carriers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Liquid Organic Hydrogen Carriers Market Segment Percentages, by Type, 2021 (%)
Cyclohexane
Carbazole
Trans-decalin
Toluene-Methylcyclohexane
Global Liquid Organic Hydrogen Carriers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Liquid Organic Hydrogen Carriers Market Segment Percentages, by Application, 2021 (%)
New Energy Vehicles
Research Institutions
Emergency Response System
Global Liquid Organic Hydrogen Carriers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Liquid Organic Hydrogen Carriers 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 Liquid Organic Hydrogen Carriers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Liquid Organic Hydrogen Carriers revenues share in global market, 2021 (%)
Key companies Liquid Organic Hydrogen Carriers sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Liquid Organic Hydrogen Carriers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hynertech
Chiyoda Corporation
Hydrogenious Technologies
Covalion
Wuhuan Engineering