Egypt Hydrogen Generation Market Size & Outlook, 2023-2030
Egypt hydrogen generation market, 2018-2030 (US$B)
Related Markets
Egypt hydrogen generation market highlights
- The Egypt hydrogen generation market generated a revenue of USD 1.9 billion in 2023 and is expected to reach USD 2.4 billion by 2030.
- The Egypt market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
- In terms of segment, ammonia production was the largest revenue generating application in 2023.
- Transportation is the most lucrative application segment registering the fastest growth during the forecast period.
Hydrogen generation market data book summary
| Market revenue in 2023 | USD 1.9 billion |
| Market revenue in 2030 | USD 2.4 billion |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Ammonia production |
| Fastest growing segment | Transportation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Methanol Production, Ammonia Production, Petroleum Refinery, Transportation, Power Generation |
| Key market players worldwide | Air Liquide SA, Air Products & Chemicals Inc, Cummins Inc, Iwatani Corp, Linde PLC, Nippon Sanso Holdings Corp, Tokyo Gas Co Ltd |
Other key industry trends
- In terms of revenue, Egypt accounted for 1.1% of the global hydrogen generation market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE hydrogen generation 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 4.2 billion by 2030.
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Hydrogen Generation Market Scope
Hydrogen Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Egypt hydrogen generation 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 hydrogen generation market will help companies and investors design strategic landscapes.
Ammonia production was the largest segment with a revenue share of 26.32% in 2023. Horizon Databook has segmented the Egypt hydrogen generation 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 accounted for more than 20% of Africa’s natural gas production in 2021. Prominent gas production and presence of large hydropower resources are among the key factors expected to enhance the deployment of hydrogen generation technologies using natural gas or electrolysis as the production method.
Egyptian Refining Company (ERC) selected Italy based company Kinetics Technology to provide license and engineering procurement activities for the new hydrogen production and recovery units.
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Target buyers of Egypt hydrogen generation market databook
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Our clientele includes a mix of hydrogen generation 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 Egypt hydrogen generation market , including forecasts for subscribers. This country databook contains high-level insights into Egypt hydrogen generation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Egypt hydrogen generation market size, by application, 2018-2030 (US$B)
Egypt Hydrogen Generation Market Outlook Share, 2023 & 2030 (US$B)
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