Canada Blue Hydrogen Market Size & Outlook, 2023-2030
Canada blue hydrogen market, 2018-2030 (US$M)
Related Markets
Canada blue hydrogen market highlights
- The Canada blue hydrogen market generated a revenue of USD 349.2 million in 2023 and is expected to reach USD 1,086.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 17.6% 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 2023 | USD 349.2 million |
| Market revenue in 2030 | USD 1,086.8 million |
| Growth rate | 17.6% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Power Generation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Power Generation, Chemical, Refinery |
| Key market players worldwide | Linde 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, Canada accounted for 10.8% 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 North America, U.S. blue hydrogen market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,127.8 million by 2030.
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Blue Hydrogen Market Scope
Blue Hydrogen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 74.68% in 2023. Horizon Databook has segmented the Canada blue hydrogen market based on power generation, chemical, refinery covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Blue Hydrogen Application Outlook (Revenue, USD Million, 2018-2030)
- Methanol Production
- Ammonia Production
- Petroleum Refinery
- Transportation
- Power Generation
- Others
- Chemical
- Refinery
- Canada 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
- Canada Blue Hydrogen Transportation Mode Outlook (Revenue, USD Million, 2018-2030)
- Pipeline
- Cryogenic Liquid Tankers
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Target buyers of Canada blue hydrogen market databook
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Our clientele includes a mix of blue hydrogen market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Canada blue hydrogen market , including forecasts for subscribers. This country databook contains high-level insights into Canada blue hydrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada blue hydrogen market size, by application, 2018-2030 (US$M)
Canada Blue Hydrogen Market Outlook Share, 2023 & 2030 (US$M)
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