This Liquid Hydrogen Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the Global Liquid Hydrogen Market, which was USD 39.27 billion in 2022, would rocket up to USD 60.73 billion by 2030, and is expected to undergo a CAGR of 5.60% during the forecast period of 2023 to 2030.
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Market Overview:
Liquid hydrogen is used as fuel for an internal combustion engine or fuel cell, as liquid rocket fuel in rocketry applications, and to cool neutrons for neutron scattering. Given its advantageous properties, such as transportation and storage simplicity, the expanding usage of green hydrogen in the most emerging industries for heavy mobility, such as road freight, maritime, and aviation, impacts demand for liquid hydrogen. The growing demand for liquid hydrogen in the chemical and petrochemical industries will further propel the market. However, the expansion of the liquid hydrogen industry will be significantly hampered by the high cost of liquid hydrogen transportation.
Some of the major players operating in the Liquid Hydrogen Market are
Air Products Inc.(U.S.), Air Liquide (France), Ballard Power Systems. (U.S.), FuelCell Energy, Inc.(U.S.), ELME MESSER L (Germany), FirstElement Fuel, Inc.(U.S.), Linde plc (Ireland), Cummins Inc.(U.S.), PLUG POWER INC.(U.S.), PowerCell Sweden AB (Sweden), Iwatani Corporation. (Japan), United Hydrogen a.s. (U.S.), Kawasaki Heavy Industries, Ltd. (Japan) among others.
Global Liquid Hydrogen Market Scope
The Global Liquid Hydrogen Market is segmented on the basis of method, distribution channel, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Method
- Electrolysis
- Steam Methane Reforming (Smr)
- Coal Gasification
- Others
Distribution Channel
- Pipelines
- Cryogenic Liquid Tankers
End User
- Transportation
- Chemicals And Petrochemicals
- Electronics
- Refining
- Metals
- Glasses
- Other End User Industries
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Liquid Hydrogen Market Landscape
Part 04: Global Liquid Hydrogen Market Sizing
Part 05: Global Liquid Hydrogen Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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