Market Overview:
The global industrial by-product hydrogen production market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hydrogen as a fuel and feedstock in various industries such as chemical, oil refining, general industry, transportation, and metal working. In addition, the growing demand for clean energy is also propelling the growth of the global industrial by-product hydrogen production market. Based on type, chlor-alkali by-product hydrogen production accounted for a major share of the global industrial by-product hydrogen production market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to increasing demand for chlorine and caustic soda in various end user industries such as chemical and water treatment plants. Based on application, chemical accounted for majority share of the global industrial by-product hydrogen production market in 2017 owing to high consumption of hydrocarbons across various downstream processing units in this sector.
Product Definition:
A by-product is a product of a manufacturing process that is not the primary product or goal of that process. For example, the aluminum foil on which you may have packed your leftovers for lunch was likely produced as a by-product of making something else, like cans. Industrial by-products hydrogen production has many important applications. One use for it is to reduce emissions from factories and other industrial plants. By combining hydrogen with carbon dioxide, factories can create methane gas, which burns more cleanly than coal and oil.
Chlor-alkali by-product Hydrogen Production:
Chlor-alkali by-product hydrogen (CAHP) is produced during the chlorination process of industrial by-products. It is a colorless and highly flammable gas with a strong odor.
Coke oven Gas Hydrogen Production:
Coke oven gas hydrogen production and it's usage in industrial by-product hydrogen production market is expected to grow at a significant pace over the forecast period. Coke ovens are used for the selective heating of coke which is formed as a by-product during the manufacturing process of iron ore. The heat generated from this process can be utilized to generate steam, which in turn drives an electric generator producing electricity.
Application Insights:
The global industrial by-product hydrogen production market is segmented on the basis of application as chemical, oil refining, general industry, transportation and metal working. The chemical segment dominated the overall market in terms of revenue share in 2017. Increasing demand for hydrogen from various sectors such as food & beverage processing and pharmaceuticals are expected to drive growth over the forecast period.
Hydrogen plays a significant role in catalysis where it acts as a Br¢â‚¬â„¢er agent for metals that enables high activity metals to act as catalysts at lower temperatures than they would without hydrogenation. Thus, increasing utilization of catalytic reforming process along with growing demand for petrochemicals is anticipated to augment product consumption over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of chemical plants, which consume large amounts of hydrogen for producing various chemicals. Increasing demand from end-use industries such as metal working, oil refining, and general industry is anticipated to drive the market growth in Asia Pacific over the forecast period.
The Middle East & Africa region accounted for a significant share owing to rising investments in downstream sectors such as petrochemicals and oil refineries by major economies including Qatar, UAE, Saudi Arabia among others are expected to boost hydrogen production capacities across countries like Nigeria and Algeria among others are likely to propel market growth over the projected period.
North America was one of prominent regions that accounted for more than 10% revenue share in 2017 on account of increasing demand from U.S.
Growth Factors:
- Increasing demand for hydrogen in various industrial and commercial applications
- Growing awareness about the benefits of hydrogen as an alternative fuel source
- Proliferation of clean energy technologies that use hydrogen as a key component
- Stringent environmental regulations that promote the use of cleaner fuels such as hydrogen
- Technological advancements that make production of hydrogen more efficient and cost-effective
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial By-Product Hydrogen Production Market Research Report
By Type
Chlor-alkali by-product Hydrogen Production, Coke oven Gas Hydrogen Production, Light Hydrocarbon Cracking Hydrogen Production
By Application
Chemical, Oil Refining, General Industry, Transportation, Metal Working
By Companies
Air Liquide, Hydrocarbon China, Emerson, Linde-Engineering, Mahler-ags, Mcdermott, Hygear, Toyo Engineering Corporation, Diva Portal, TechnipFMC, Gti Energy, Air Products, Plant Process, Haldor Topsoe, Nuberg Epc, Woodside
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Industrial By-Product Hydrogen Production Market Report Segments:
The global Industrial By-Product Hydrogen Production market is segmented on the basis of:
Types
Chlor-alkali by-product Hydrogen Production, Coke oven Gas Hydrogen Production, Light Hydrocarbon Cracking Hydrogen Production
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Oil Refining, General Industry, Transportation, Metal Working
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Liquide
- Hydrocarbon China
- Emerson
- Linde-Engineering
- Mahler-ags
- Mcdermott
- Hygear
- Toyo Engineering Corporation
- Diva Portal
- TechnipFMC
- Gti Energy
- Air Products
- Plant Process
- Haldor Topsoe
- Nuberg Epc
- Woodside
Highlights of The Industrial By-Product Hydrogen Production Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chlor-alkali by-product Hydrogen Production
- Coke oven Gas Hydrogen Production
- Light Hydrocarbon Cracking Hydrogen Production
- By Application:
- Chemical
- Oil Refining
- General Industry
- Transportation
- Metal Working
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial By-Product Hydrogen Production Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial by-product hydrogen production is the process of extracting hydrogen from industrial waste products.
Some of the key players operating in the industrial by-product hydrogen production market are Air Liquide, Hydrocarbon China, Emerson, Linde-Engineering, Mahler-ags, Mcdermott, Hygear, Toyo Engineering Corporation, Diva Portal, TechnipFMC, Gti Energy, Air Products, Plant Process, Haldor Topsoe, Nuberg Epc, Woodside.
The industrial by-product hydrogen production market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial By-Product Hydrogen Production Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial By-Product Hydrogen Production Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial By-Product Hydrogen Production Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial By-Product Hydrogen Production Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial By-Product Hydrogen Production Market Size & Forecast, 2018-2028 4.5.1 Industrial By-Product Hydrogen Production Market Size and Y-o-Y Growth 4.5.2 Industrial By-Product Hydrogen Production Market Absolute $ Opportunity
Chapter 5 Global Industrial By-Product Hydrogen Production Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial By-Product Hydrogen Production Market Size Forecast by Type
5.2.1 Chlor-alkali by-product Hydrogen Production
5.2.2 Coke oven Gas Hydrogen Production
5.2.3 Light Hydrocarbon Cracking Hydrogen Production
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial By-Product Hydrogen Production Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial By-Product Hydrogen Production Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Oil Refining
6.2.3 General Industry
6.2.4 Transportation
6.2.5 Metal Working
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial By-Product Hydrogen Production Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial By-Product Hydrogen Production Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial By-Product Hydrogen Production Analysis and Forecast
9.1 Introduction
9.2 North America Industrial By-Product Hydrogen Production Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial By-Product Hydrogen Production Market Size Forecast by Type
9.6.1 Chlor-alkali by-product Hydrogen Production
9.6.2 Coke oven Gas Hydrogen Production
9.6.3 Light Hydrocarbon Cracking Hydrogen Production
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial By-Product Hydrogen Production Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Oil Refining
9.10.3 General Industry
9.10.4 Transportation
9.10.5 Metal Working
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial By-Product Hydrogen Production Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial By-Product Hydrogen Production Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial By-Product Hydrogen Production Market Size Forecast by Type
10.6.1 Chlor-alkali by-product Hydrogen Production
10.6.2 Coke oven Gas Hydrogen Production
10.6.3 Light Hydrocarbon Cracking Hydrogen Production
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial By-Product Hydrogen Production Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Oil Refining
10.10.3 General Industry
10.10.4 Transportation
10.10.5 Metal Working
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial By-Product Hydrogen Production Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial By-Product Hydrogen Production Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial By-Product Hydrogen Production Market Size Forecast by Type
11.6.1 Chlor-alkali by-product Hydrogen Production
11.6.2 Coke oven Gas Hydrogen Production
11.6.3 Light Hydrocarbon Cracking Hydrogen Production
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial By-Product Hydrogen Production Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Oil Refining
11.10.3 General Industry
11.10.4 Transportation
11.10.5 Metal Working
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial By-Product Hydrogen Production Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial By-Product Hydrogen Production Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial By-Product Hydrogen Production Market Size Forecast by Type
12.6.1 Chlor-alkali by-product Hydrogen Production
12.6.2 Coke oven Gas Hydrogen Production
12.6.3 Light Hydrocarbon Cracking Hydrogen Production
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial By-Product Hydrogen Production Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Oil Refining
12.10.3 General Industry
12.10.4 Transportation
12.10.5 Metal Working
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial By-Product Hydrogen Production Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial By-Product Hydrogen Production Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial By-Product Hydrogen Production Market Size Forecast by Type
13.6.1 Chlor-alkali by-product Hydrogen Production
13.6.2 Coke oven Gas Hydrogen Production
13.6.3 Light Hydrocarbon Cracking Hydrogen Production
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial By-Product Hydrogen Production Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Oil Refining
13.10.3 General Industry
13.10.4 Transportation
13.10.5 Metal Working
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial By-Product Hydrogen Production Market: Competitive Dashboard
14.2 Global Industrial By-Product Hydrogen Production Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air Liquide
14.3.2 Hydrocarbon China
14.3.3 Emerson
14.3.4 Linde-Engineering
14.3.5 Mahler-ags
14.3.6 Mcdermott
14.3.7 Hygear
14.3.8 Toyo Engineering Corporation
14.3.9 Diva Portal
14.3.10 TechnipFMC
14.3.11 Gti Energy
14.3.12 Air Products
14.3.13 Plant Process
14.3.14 Haldor Topsoe
14.3.15 Nuberg Epc
14.3.16 Woodside