The Germany Hydrogen market demand stood at roughly 2400 thousand tonnes in 2023 and is expected to grow at a CAGR of 3.2% during the forecast period until 2034.
Hydrogen is an abundant and colourless gas. Its production requires various energy sources like natural gas and coal. Combusting hydrogen results in no pollutant emissions, making it a carbon-free energy source known as CO2-free hydrogen. This type of hydrogen serves as a storage solution for renewable electricity when generated using sustainable energy.
The drivers for the Hydrogen market in Germany are significantly influenced by diverse end-use sectors. Primarily, the refineries employ hydrogen to lower the sulphur content of diesel and this application holds the largest share of hydrogen market on the current basis. However, Germany is anticipated to witness a surge in hydrogen adoption due to its commitment to a sustainable and decarbonized energy landscape. The German government has announced substantial investments and initiatives to promote hydrogen technologies across various sectors, including industry, transportation, and energy. The National Hydrogen Strategy, unveiled in 2020, outlines a comprehensive roadmap for the development and utilization of hydrogen. Moreover, Germany's robust industrial base and technological expertise position it favourably for hydrogen integration in sectors with challenging decarbonization requirements, such as heavy industry and transportation. Germany aims to establish regulatory conditions facilitating the market growth of hydrogen technologies, emphasizing sectors close to economic viability or challenging to decarbonize. The focus lies on industrial and transport sectors. The German Hydrogen Strategy targets 5 GW of electrolyser capacity by 2030 and 10 GW by 2040, promoting hydrogen production from renewable sources. International collaboration, particularly within the EU, is sought for hydrogen production and transport. Low-carbon hydrogen will be employed where electrification is impractical, addressing hard-to-abate industrial sectors, transportation, and heating. By 2027/2028, a hydrogen startup grid supported by IPCEI funding will establish over 1,800 km of repurposed and newly constructed hydrogen pipelines in Germany. Approximately 4,500 km will be extended across Europe as part of the European Hydrogen Backbone initiative. Through further expansion, all key production, import, and storage centers will be interconnected with the corresponding consumers by 2030. By 2030, hydrogen will find applications in various industrial sectors, with a specific focus on heavy-duty commercial vehicles. Additionally, there will be an increasing utilization of hydrogen in the aviation and shipping industries. Hydrogen's role in the power sector will contribute significantly to ensuring energy supply security in Germany. Owing to these reasons, Germany Hydrogen market is likely to reach roughly 3400 thousand tonnes in 2034.
Based on the end-user industry, the Germany Hydrogen market is segmented into Refining, Ammonia, Chemical, Fuel, and Others. As of 2023, the Refining Industry dominates hydrogen consumption, holding a significant market share of 45%. Hydrogen plays a vital role in refining processes within the petrochemical industry, where it is utilized for the chemical separation process called hydrodesulphurization, essential for removing sulphur from fuels. This refining application is anticipated to maintain its prominence, continuing to be the primary use of hydrogen in Germany throughout the forecasted period.
Major players in the Germany Hydrogen market are Air Liquide and Linde plc. Other players in the Europe Hydrogen market are Air Products, Sapio, Praxair, Petrochemia Plock, Kawasaki, Norsk Hydro, Skeljungur, SIAD, Oy Woikoski, Ansaldo Energia, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Germany Hydrogen which covers production, demand and supply of Hydrogen market in Germany.
• To analyse and forecast the market size of Germany Hydrogen market
• To classify and forecast Germany Hydrogen market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Hydrogen market in Germany.
To extract data for Germany Hydrogen market, primary research surveys were conducted with Hydrogen manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Germany Hydrogen market over the coming years.
ChemAnalyst calculated Hydrogen demand across the Germany region by analysing the volume of Hydrogen consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Hydrogen manufacturers and other stakeholders
• Organizations, forums and alliances related to Hydrogen distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Hydrogen manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Germany Hydrogen market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
2400 thousand tonnes
Market size Volume by 2034
3400 thousand tonnes
Growth Rate
CAGR of 3.2% from 2024 to 2034
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Refining, Ammonia, Chemical, Fuel, and Others)
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Member - Board of Directors
Osaka Gas Co. Ltd
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What was the size of Germany Hydrogen market in terms of volume in 2023?
Ans:
The size of Germany Hydrogen market has grown significantly in the historic period and reached approximately 2400 thousand tonnes in 2023.
Q2.
Which industry is leading as the leading consumer of Hydrogen?
Ans:
Refining industry is the leading consumer of Hydrogen.
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