Australia Blue Hydrogen Market Size & Outlook, 2023-2030

The blue hydrogen market in Australia is expected to reach a projected revenue of US$ 861.0 million by 2030. A compound annual growth rate of 20.6% is expected of Australia blue hydrogen market from 2024 to 2030.
Revenue, 2023 (US$M)
$231.4
Forecast, 2030 (US$M)
$861.0
CAGR, 2024 - 2030
20.6%
Report Coverage
Australia

Australia blue hydrogen market highlights

  • The Australia blue hydrogen market generated a revenue of USD 231.4 million in 2023 and is expected to reach USD 861.0 million by 2030.
  • The Australia market is expected to grow at a CAGR of 20.6% from 2024 to 2030.
  • In terms of segment, power generation was the largest revenue generating application in 2023.
  • Power Generation is the most lucrative application segment registering the fastest growth during the forecast period.

Blue hydrogen market data book summary

Market revenue in 2023USD 231.4 million
Market revenue in 2030USD 861.0 million
Growth rate20.6% (CAGR from 2023 to 2030)
Largest segmentPower generation
Fastest growing segmentPower Generation
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPower Generation, Chemical, Refinery
Key market players worldwideLinde PLC, Shell PLC, Air Liquide SA, Air Products & Chemicals Inc, Engie SA, Equinor ASA, Iwatani Corp, Ninox, INOX India Pvt Ltd, Exxon Mobil Corp

Other key industry trends

  • In terms of revenue, Australia accounted for 7.2% of the global blue hydrogen market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Australia blue hydrogen market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 650.1 million by 2030.

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Blue Hydrogen Market Scope

Blue hydrogen market segmentation & scope
Methanol Production
Ammonia Production
Petroleum Refinery
Transportation
Power Generation
Others
Chemical
Refinery
Coal Gasification
Steam Methane Reforming
Methane Pyrolysis
Alkaline Electrolyzer
PEM Electrolyzer
SOEC Electrolyzer
Gas Partial Oxidation
Auto Thermal Reforming
Pipeline
Cryogenic Liquid Tankers

Blue Hydrogen Market Companies

Name Profile # Employees HQ Website

Australia blue hydrogen market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blue hydrogen market will help companies and investors design strategic landscapes.


Power generation was the largest segment with a revenue share of 71.48% in 2023. Horizon Databook has segmented the Australia blue hydrogen market based on power generation, chemical, refinery covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Blue Hydrogen Application Outlook (Revenue, USD Million, 2018-2030)
    • Methanol Production
    • Ammonia Production
    • Petroleum Refinery
    • Transportation
    • Power Generation
    • Others
    • Chemical
    • Refinery
  • Australia Blue Hydrogen Technology Outlook (Revenue, USD Million, 2018-2030)
    • Coal Gasification
    • Steam Methane Reforming
    • Methane Pyrolysis
    • Alkaline Electrolyzer
    • PEM Electrolyzer
    • SOEC Electrolyzer
    • Gas Partial Oxidation
    • Auto Thermal Reforming
  • Australia Blue Hydrogen Transportation Mode Outlook (Revenue, USD Million, 2018-2030)
    • Pipeline
    • Cryogenic Liquid Tankers

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  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Target buyers of Australia blue hydrogen market databook

  • Our clientele includes a mix of blue hydrogen market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia blue hydrogen market , including forecasts for subscribers. This country databook contains high-level insights into Australia blue hydrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia blue hydrogen market size, by application, 2018-2030 (US$M)

Australia Blue Hydrogen Market Outlook Share, 2023 & 2030 (US$M)

Australia blue hydrogen market size, by application, 2018-2030 (US$M)

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