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Research Outline

Prepared for Mike W. | Delivered October 13, 2020

Sustainable Green Hydrogen Fuel Market

Goals

To establish the market size, best performing sectors, purchase pattern, and retail & online sustainable green hydrogen fuel trends. To determine the best performing sustainable green hydrogen fuel product, the fastest growing companies in the industry, and drivers of growth in the sustainable green hydrogen fuel market. To find the top manufacturers of sustainable green hydrogen fuel on the social, the demographic and psychographic profiles of the leading sustainable green hydrogen fuel customers, factors that influence the purchase, the geographies that buy most sustainable green hydrogen fuel, and determine if a consumers experience with renewable fuel relate to purchasing habits. Also, give some insights into the marketing strategies/market opportunities of sustainable green hydrogen fuel and determine press outlets and writers covering sustainable fuel market topics.

Early Findings

Sustainable Green Hydrogen Fuel Market

  • The global green hydrogen market size was $786.9 million in 2019 and is expected to grow at a CAGR of 14.24% from 2020 to 2027. The green hydrogen market is valued at $0.82 billion in 2020 with 220 kilotons and is expected to reach $2.28 billion in 2027 with a volume size of 670 kilotons.
  • Globally, German has the highest market share when it comes to green hydrogen fuel installation.
  • Some major players in the sustainable green hydrogen market include Linde, Air Liquide, Siemens, Toshiba Energy Systems & Solutions Corp., Engie, Green Hydrogen, Hydrogenics, and Nel ASA.
  • The Governments of Germany, Australia, Britain, and Japan have announced or working on green hydrogen fuel strategies. Australia has invested $191 million to start green hydrogen projects. In 2018, German had 43 green hydrogen fueling stations and is looking to build over 400 stations by 2023.
  • The largest green hydrogen project, powered by 4 gigawatts of solar and wind power, was unveiled in Saudi Arabia. The project is valued at $5 billion and is owned by Air Products, ACWA Power, and Neom. Air Products company, based in Pennsylvania, prides itself on being the largest hydrogen producer globally and is valued at $60 billion.  

Research Summary

We have conducted the initial one-hour research and provided some insights into the global market size of the green hydrogen energy market and key players in the industry. Due to time constraints, we could not proceed with research to provide information on the best-performing sectors, purchase pattern, the trends around retail & online sustainable green hydrogen fuel, the best performing sustainable green hydrogen fuel product, the fastest growing companies in the industry, the drivers of growth in the sustainable green hydrogen fuel market, the top manufacturers of sustainable green hydrogen fuel on the social, the demographic and psychographic profiles of the top sustainable green hydrogen fuel customers, factors that influence the purchase, the geographies that buy most sustainable green hydrogen fuel, and the relationship between consumers' experience with renewable fuel and purchasing habits. We were also unable to look into insights into marketing strategies/market opportunities of sustainable green hydrogen fuel and the press outlets and writers that cover sustainable fuel market topics.