World - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCost to Make Hydrogen Fuel
Producing hydrogen fuel can be quite costly, primarily due to the energy-intensive processes involved. The cost of making hydrogen fuel depends on various factors such as the production method, scale of production, and the cost of the primary energy source.
1. Steam Methane Reforming (SMR)
The most common method of hydrogen production is Steam Methane Reforming, which involves reacting natural gas with high-temperature steam. This process produces a mixture of hydrogen and carbon monoxide, which is then separated to obtain pure hydrogen. SMR is currently the cheapest method of producing hydrogen fuel, with a typical cost range of $1.50 to $3.50 per kilogram of hydrogen produced.
2. Electrolysis
Electrolysis involves passing an electric current through water to split it into hydrogen and oxygen. This method relies on renewable energy sources such as wind and solar to power the electrolysis process, making it a sustainable option for hydrogen production. However, electrolysis is currently more expensive than SMR, with a cost range of $3 to $9 per kilogram of hydrogen.
3. Biomass Gasification
Biomass gasification is a process that converts organic materials, such as agricultural waste or wood, into a hydrogen-rich gas. This method is considered renewable and carbon-neutral since it uses plant matter as the feedstock. The cost of biomass gasification depends on the availability and cost of biomass feedstock, making it difficult to provide an exact cost range.
4. Photobiological Processes
Photobiological processes involve using algae or other organisms to produce hydrogen through photosynthesis or fermentation. These processes have the advantage of being renewable and potentially more efficient than traditional methods. However, they are still in the early stages of development, and the cost of production is yet to be determined accurately.
5. Geological Processes
Geological processes involve extracting hydrogen from natural gas deposits or reacting water with geologically stored carbon dioxide. While these methods have the advantage of utilizing existing infrastructure and processes, the cost is highly dependent on the specific site and geological conditions, making it challenging to provide a general cost estimate.
Additional Factors Affecting Cost
In addition to the production method, several other factors can influence the cost of making hydrogen fuel:
- Scale of Production: Larger-scale production facilities often benefit from economies of scale, reducing the cost per kilogram of hydrogen.
- Energy Source: The cost and availability of the primary energy source, such as natural gas, electricity, or biomass, greatly impact the overall cost of producing hydrogen.
- Infrastructure: The availability of hydrogen production and distribution infrastructure can affect the cost, as building new infrastructure can be expensive.
- Research and Development: Continued advancements in hydrogen production technologies can also impact the cost by making the processes more efficient and cost-effective over time.
It is important to note that the cost of producing hydrogen fuel is gradually decreasing due to technological advancements, increased research, and the growing scale of production. As renewable energy sources become more accessible and cost-effective, the cost of hydrogen production is expected to decline further, making hydrogen fuel a more viable and affordable alternative in the future.
This report provides an in-depth analysis of the global hydrogen market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111150 - Hydrogen
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global hydrogen market.
This report provides an in-depth analysis of the global argon market.
This report provides an in-depth analysis of the global arsenic market.
This report provides an in-depth analysis of the global boron and tellurium market.
This report provides an in-depth analysis of the global nitrogen market.
This report provides an in-depth analysis of the global oxygen market.
This report provides an in-depth analysis of the global market for phosphorus, arsenic and selenium.
This report provides an in-depth analysis of the global rare gases market.
This report provides an in-depth analysis of the global silicon market.
The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...
Discover the top importers of Argon in the global market, including Indonesia, Italy, the United States, France, and Poland. Learn about their industrial sectors and the growing demand for Argon in manufacturing, construction, and research activities. Get valuable insights from the IndexBox market intelligence platform to navigate the complexities and capture opportunities in the Argon import market.
The global supplies of arsenic amounted to X million USD in 2015, exhibiting wild fluctuations over the period under review. Exports of arsenic saw a decline in 2008, which continued into 2009, followed by a spike in 2010.
New waves of the epidemic and the overwhelming demand for oxygen in the healthcare sector have led to a scarcity of the product worldwide. Countries with severe shortages are diverting oxygen from the sectors of metallurgy and chemistry to healthcare, which reduces the productivity of the manufacturing industries. As the pandemic slows, the demand for medical oxygen will return to pre-crisis levels. In the post-pandemic period, the growing demand from the metallurgical and chemical industries will continue to shape market expansion. Decarbonization may emerge as a new market driver, with oxygen being used to produce synthesis gas from carbon dioxide.
Explore the world's best import markets for silicon with detailed statistics and data from IndexBox platform. Discover the top countries, their import values, and the factors driving the demand for silicon in these markets.
In 2021, the global silicon market picked up 4.1% to $10.2B, resuming growth after a 2020's slump.