Egypt Grey Hydrogen Market Size & Outlook, 2023-2030

The grey hydrogen market in Egypt is expected to reach a projected revenue of US$ 7,519.3 million by 2030. A compound annual growth rate of 9.9% is expected of Egypt grey hydrogen market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,878.2
Forecast, 2030 (US$M)
$7,519.3
CAGR, 2024 - 2030
9.9%
Report Coverage
Egypt

Egypt grey hydrogen market highlights

  • The Egypt grey hydrogen market generated a revenue of USD 3,878.2 million in 2023 and is expected to reach USD 7,519.3 million by 2030.
  • The Egypt market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
  • In terms of segment, petroleum refinery was the largest revenue generating application in 2023.
  • Ammonia Production is the most lucrative application segment registering the fastest growth during the forecast period.

Grey hydrogen market data book summary

Market revenue in 2023USD 3,878.2 million
Market revenue in 2030USD 7,519.3 million
Growth rate9.9% (CAGR from 2023 to 2030)
Largest segmentPetroleum refinery
Fastest growing segmentAmmonia Production
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMethanol Production, Ammonia Production, Petroleum Refinery, Transportation, Power Generation

Other key industry trends

  • In terms of revenue, Egypt accounted for 1.2% of the global grey hydrogen market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, UAE grey hydrogen market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 9,450.8 million by 2030.

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Grey Hydrogen Market Companies

Name Profile # Employees HQ Website

Egypt grey 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 grey hydrogen market will help companies and investors design strategic landscapes.


Petroleum refinery was the largest segment with a revenue share of 27.99% in 2023. Horizon Databook has segmented the Egypt grey hydrogen market based on methanol production, ammonia production, petroleum refinery, transportation, power generation covering the revenue growth of each sub-segment from 2018 to 2030.


  • Egypt Grey Hydrogen Application Outlook (Revenue, USD Million, 2018-2030)
    • Methanol Production
    • Ammonia Production
    • Petroleum Refinery
    • Transportation
    • Power Generation
    • Others
    • Chemical
    • Refinery
  • Egypt Grey 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
  • Egypt Grey Hydrogen Transportation Mode Outlook (Revenue, USD Million, 2018-2030)
    • Pipeline
    • Cryogenic Liquid Tankers

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Target buyers of Egypt grey hydrogen market databook

  • Our clientele includes a mix of grey 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 Egypt grey hydrogen market , including forecasts for subscribers. This country databook contains high-level insights into Egypt grey hydrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Egypt grey hydrogen market size, by application, 2018-2030 (US$M)

Egypt Grey Hydrogen Market Outlook Share, 2023 & 2030 (US$M)

Egypt grey hydrogen market size, by application, 2018-2030 (US$M)

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