Please Wait.....
Report
Hydrogen Gas - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)
Market Report I 2026-01-16 I 120 Pages I Mordor Intelligence
Hydrogen Gas Market Analysis
The Hydrogen Gas Market is expected to grow from 113.86 million tons in 2025 to 117.99 million tons in 2026 and is forecast to reach 140.9 million tons by 2031 at 3.62% CAGR over 2026-2031. Cost-driven regional competitiveness, government subsidies, and decarbonization mandates are the principal forces shaping the hydrogen gas market, with Japan earmarking USD 20 billion for nationwide infrastructure and the European Union pressing toward a 20% hydrogen blend in natural-gas grids by 2030. Production location and carbon intensity now dictate strategic positioning, pushing producers to co-locate electrolysis or blue-hydrogen facilities near low-cost renewable or natural-gas resources. Emerging export hubs in the Middle East and Australia add a new trade dimension, while the steady rollout of fuel-cell vehicles builds anchor demand that underwrites a wider refueling network.
Global Hydrogen Gas Market Trends and Insights
Demand for Low-Carbon Ammonia Production
Global maritime decarbonization triggers demand for green ammonia, elevating the hydrogen gas market as shippers seek carbon-neutral bunkering solutions. The International Maritime Organization's 2050 net-zero pledge accelerates producer pivots, with Yara and Engie linking renewable power to fertilizer complexes to safeguard export eligibility in carbon-constrained markets. Competitive advantage now hinges on hydrogen carbon intensity rather than merely feedstock price, injecting long-term structural growth into ammonia-linked hydrogen volumes.
Refinery Desulfurization Regulations
The 2020 IMO sulfur cap and regional fuel-quality standards lifted refinery hydrogen offtake by nearly 15%, anchoring base-load demand in the hydrogen gas market. Heavier crude slates need deeper hydroprocessing, prompting blue-hydrogen investments adjacent to refineries. These captive integration models ensure offtake certainty and streamline carbon-capture economics through shared utilities.
High Cost of Green/Blue H? Production
Green hydrogen currently ranges between USD 3 and 8 per kg depending on renewable electricity pricing and electrolyzer performance, outstripping gray alternatives at USD 1-2 per kg. Blue hydrogen narrows the gap but entails carbon-capture costs and regulatory scrutiny. Only premium applications with carbon-pricing compliance can presently absorb these premiums, temporarily limiting widespread uptake across the hydrogen gas market.
Other drivers and restraints analyzed in the detailed report include:
Government Incentives for Green H?Rising Fuel-Cell Vehicle RolloutExpensive Storage and Transport Logistics
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Pipeline networks captured 58.36% of the hydrogen gas market share in 2025 as large industrial corridors exploit existing right-of-way assets, and this modality is growing at 4.06% CAGR through 2031. The European Hydrogen Backbone's planned 28,000 km of lines will lower delivered costs by 30-50% relative to road trailers, reinforcing scale economies across the hydrogen gas market. High-pressure tube trailers remain crucial for islanded demand centers and early-stage deployments, while cylinders serve specialized or remote users.
In emerging markets without legacy gas grids, tube-trailer logistics bridge the readiness gap, fostering early adoption despite premium transport costs. As permitting accelerates in Europe and the United States, dedicated hydrogen pipelines will broaden from refining clusters to include steel and chemical plants, providing the backbone required for deeper industrial decarbonization and wider hydrogen gas market reach.
The Hydrogen Gas Market Report is Segmented by Distribution (Pipeline, High-Pressure Tube Trailer, and Cylinder), Application (Ammonia, Methanol, Refining, Direct Reduced Iron, Fuel-Cell Vehicles, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (Tons).
Geography Analysis
Asia-Pacific accounted for 34.12% of the hydrogen gas market size in 2025, anchored by China's heavy-industry uptake, Japan's hydrogen-society agenda, and South Korea's fuel-cell power rollouts. China's carbon-neutrality pledge and pilot hydrogen-steel projects keep regional volumes elevated. Japan's USD 20 billion public-funding pool accelerates both supply and demand infrastructure, while South Korea's K-New Deal integrates hydrogen into power and transport goals.
Europe positions hydrogen as a strategic lever for gas-supply diversification under REPowerEU, catalyzing domestic electrolyzer builds and import-terminal investments. Germany leads installed electrolysis capacity, and the Netherlands is remaking Rotterdam into a continental intake hub for global hydrogen shipments. Nordic hydro and wind resources underpin green-hydrogen export ambitions, with Norway exploring pipeline and maritime routes to serve continental demand.
North America leverages ample natural-gas reserves for blue-hydrogen economics while boosting green output under the USD 9.5 billion hydrogen-hubs program. California's Low Carbon Fuel Standard underwrites the world's largest non-Asian refueling network, and Canada targets export parity with liquefied shipments to Asia. Middle East and Africa score the fastest 4.03% CAGR, led by Saudi Arabia's NEOM and the UAE's export road map, stitching together sun-rich renewable resources with scale electrolysis to supply both local industry and overseas consumers.
List of Companies Covered in this Report:
Aditya Birla Chemicals Air Liquide Air Products and Chemicals, Inc. BASF SE Equinor ASA Gulf Cryo Iwatani Corp. Kawasaki Heavy Industries, Ltd. Linde plc MATHESON Tri-Gas, Inc. Messer SE & Co. KGaA TAIYO NIPPON SANSO CORPORATION
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Demand for Low-Carbon Ammonia Production
4.2.2 Refinery Desulfurization Regulations
4.2.3 Government Incentives for Green H?
4.2.4 Rising Fuel-Cell Vehicle Rollout
4.2.5 Hydrogen-Gas-Grid Blending Mandates
4.3 Market Restraints
4.3.1 High Cost of Green/Blue H? Production
4.3.2 Expensive Storage and Transport Logistics
4.3.3 Community Opposition to New H? Pipelines
4.4 Value Chain Analysis
4.5 Porter's Five Forces
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry
5 Market Size and Growth Forecasts (Volume)
5.1 By Distribution
5.1.1 Pipeline
5.1.2 High-pressure tube trailer
5.1.3 Cylinder
5.2 By Application
5.2.1 Ammonia
5.2.2 Methanol
5.2.3 Refining
5.2.4 Direct Reduced Iron (DRI)
5.2.5 Fuel-cell Vehicles (FCVs)
5.2.6 Other Applications
5.3 By Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN Countries
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 France
5.3.3.4 Italy
5.3.3.5 Russia
5.3.3.6 NORDIC Countries
5.3.3.7 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East and Africa
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share/Ranking Analysis
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
6.4.1 Aditya Birla Chemicals
6.4.2 Air Liquide
6.4.3 Air Products and Chemicals, Inc.
6.4.4 BASF SE
6.4.5 Equinor ASA
6.4.6 Gulf Cryo
6.4.7 Iwatani Corp.
6.4.8 Kawasaki Heavy Industries, Ltd.
6.4.9 Linde plc
6.4.10 MATHESON Tri-Gas, Inc.
6.4.11 Messer SE & Co. KGaA
6.4.12 TAIYO NIPPON SANSO CORPORATION
7 Market Opportunities and Future Outlook
7.1 White-space and Unmet-need Assessment
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security