Green Hydrogen Market Growth

EXHIBIT 1 MARKET SIZE CALCULATION APPROACH 2023

EXHIBIT 2 UNLOCKING EXPORT POTENTIAL: THE PROMISING OPPORTUNITIES OF GCC NATIONS

EXHIBIT 3 COMPARISON OF GROWTH RATES BY TECHNOLOGIES

EXHIBIT 4 COMPARISON OF GROWTH RATES BY SOURCE

EXHIBIT 5 COMPARISON OF GROWTH RATES BY END USER

EXHIBIT 6 COMPARISON OF THE GROWTH RATES OF REGIONS

EXHIBIT 7 KEY DEVELOPMENTS RELATED TO HYDROGEN IN DIFFERENT COUNTRIES

EXHIBIT 8 GREEN HYDROGEN COST

EXHIBIT 9 POTENTIAL SHIFT IN THE GLOBAL HYDROGEN SUPPLY LANDSCAPE BY 2050, BASED ON THE ACHIEVED COMMITMENTS SCENARIO

EXHIBIT 10 VALUE CHAIN OF GREEN HYDROGEN

EXHIBIT 11 IMPACT OF RISING INVESTMENTS IN GREEN HYDROGEN PROJECTS

EXHIBIT 12 IMPACT OF TECHNOLOGICAL ADVANCEMENTS AND INCREASING R&D ACTIVITIES

EXHIBIT 13 IMPACT OF THE EMERGENCE OF ANION EXCHANGE MEMBRANE

EXHIBIT 14 IMPACT OF INCREASING GOVERNMENT SUPPORT & INITIATIVES

EXHIBIT 15 IMPACT OF SUSTAINABILITY AND ENVIRONMENTAL CONCERNS

EXHIBIT 16 IMPACT OF RISING APPLICATIONS OF GREEN HYDROGEN

EXHIBIT 17 IMPACT OF THE SURGING DEMAND FOR SOLID OXIDE ELECTROLYSIS CELLS (SOEC) TECHNOLOGY

EXHIBIT 18 IMPACT OF COMPETITIVE COST CHALLENGES

EXHIBIT 19 IMPACT OF THE LACK OF INFRASTRUCTURE FACILITIES

EXHIBIT 20 IMPACT OF HIGH COST OF PRODUCTION

EXHIBIT 21 GREEN HYDROGEN COST

EXHIBIT 22 GLOBAL GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 23 FIVE FORCES ANALYSIS 2023

EXHIBIT 24 INCREMENTAL GROWTH BY TECHNOLOGY 2023 & 2029

EXHIBIT 25 GLOBAL ALKALINE ELECTROLYZER MARKET 2023–2029 ($ BILLION)

EXHIBIT 26 GLOBAL PROTON EXCHANGE MEMBRANE ELECTROLYZER IN GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 27 GLOBAL OTHER TECHNOLOGY IN GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 28 INCREMENTAL GROWTH BY SOURCE 2023 & 2029

EXHIBIT 29 MARKET SHARE (2029) & ABSOLUTE GROWTH BY SOURCE 2023-2029 (%)

EXHIBIT 30 GLOBAL WIND ENERGY GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 31 GLOBAL SOLAR ENERGY GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 32 GLOBAL OTHER SOURCE GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 33 INCREMENTAL GROWTH BY END USERS 2023 & 2029

EXHIBIT 34 ANTICIPATED TIMELINE OF THE ADOPTION OF GREEN HYDROGEN BY END USERS

EXHIBIT 35 ASSESSING THE GREEN HYDROGEN MARKET POTENTIAL FOR DEVELOPMENT BY 2030

EXHIBIT 36 GREEN HYDROGEN SHARE IN THE REFINING SEGMENT TO BE OVER 10% BY 2030

EXHIBIT 37 GLOBAL REFINING GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 38 GLOBAL AMMONIA GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 39 GLOBAL OTHER END- USER GREEN HYDROGEN MARKET 2023–2029 ($ BILLION)

EXHIBIT 40 INCREMENTAL GROWTH BY GEOGRAPHY 2023 & 2029

EXHIBIT 41 GLOBAL GREEN HYDROGEN PROJECTS CURRENTLY IN THE FINANCING STAGE ($ BILLION)

EXHIBIT 42 UNLOCKING EXPORT POTENTIAL: THE GCC COUNTRIES ECONOMIC POWERHOUSE

EXHIBIT 43 FUNDING INITIATIVES FOR THE GREEN HYDROGEN PROJECTS IN THE COUNTRY

EXHIBIT 44 RECENT DEVELOPMENTS IN AUSTRIA IN 2023

EXHIBIT 45 GREEN HYDROGEN MARKET IN EUROPE 2023–2029 ($ BILLION)

EXHIBIT 46 INCREMENTAL GROWTH IN EUROPE 2023 & 2029

EXHIBIT 47 GREEN HYDROGEN MARKET IN GERMANY 2023–2029 ($ BILLION)

EXHIBIT 48 GREEN HYDROGEN MARKET IN SPAIN 2023–2029 ($ BILLION)

EXHIBIT 49 KEY FACTS

EXHIBIT 50 GREEN HYDROGEN MARKET IN FRANCE 2023–2029 ($ BILLION)

EXHIBIT 51 GREEN HYDROGEN MARKET IN PORTUGAL 2023–2029 ($ BILLION)

EXHIBIT 52 GREEN HYDROGEN MARKET IN ITALY 2023–2029 ($ BILLION)

EXHIBIT 53 THE HYDROGEN VISIONS OF COUNTRIES

EXHIBIT 54 GREEN HYDROGEN MARKET IN APAC 2023–2029 ($ BILLION)

EXHIBIT 55 INCREMENTAL GROWTH IN APAC 2023 & 2029

EXHIBIT 56 GREEN HYDROGEN MARKET IN CHINA 2023–2029 ($ BILLION)

EXHIBIT 57 GOVERNMENT SUPPORT & INITIATIVES IN INDIA

EXHIBIT 58 GREEN HYDROGEN MARKET IN INDIA 2023–2029 ($ BILLION)

EXHIBIT 59 GREEN HYDROGEN MARKET IN AUSTRALIA 2023–2029 ($ BILLION)

EXHIBIT 60 THE ONGOING KEY PROJECTS IN AUSTRALIA

EXHIBIT 61 FACTORS DRIVING JAPAN’S AMBITION

EXHIBIT 62 GREEN HYDROGEN MARKET IN JAPAN 2023–2029 ($ BILLION)

EXHIBIT 63 GREEN HYDROGEN MARKET IN SOUTH KOREA 2023–2029 ($ BILLION)

EXHIBIT 64 GREEN HYDROGEN MARKET IN NORTH AMERICA 2023–2029 ($ BILLION)

EXHIBIT 65 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029

EXHIBIT 66 GREEN HYDROGEN MARKET IN THE US 2023–2029 ($ BILLION)

EXHIBIT 67 GREEN HYDROGEN MARKET IN CANADA 2023–2029 ($ BILLION)

EXHIBIT 68 GREEN HYDROGEN MARKET IN MIDDLE EAST &AFRICA 2023–2029 ($ BILLION)

EXHIBIT 69 INCREMENTAL GROWTH IN THE MIDDLE EAST & AFRICA 2023 & 2029

EXHIBIT 70 GREEN HYDROGEN MARKET IN EGYPT 2023–2029 ($ BILLION)

EXHIBIT 71 GREEN HYDROGEN MARKET IN MOROCCO 2023–2029 ($ BILLION)

EXHIBIT 72 GREEN HYDROGEN MARKET IN SOUTH AFRICA 2023–2029 ($ BILLION)

EXHIBIT 73 GREEN HYDROGEN MARKET IN SAUDI ARABIA 2024–2029 ($ BILLION)

EXHIBIT 74 GREEN HYDROGEN MARKET IN THE UAE 2023–2029 ($ BILLION)

EXHIBIT 75 GREEN HYDROGEN MARKET IN LATIN AMERICA 2023–2029 ($ BILLION)

EXHIBIT 76 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029

EXHIBIT 77 GREEN HYDROGEN MARKET IN CHILE 2023–2029 ($ BILLION)

EXHIBIT 78 GREEN HYDROGEN MARKET IN BRAZIL 2023–2029 ($ BILLION)

EXHIBIT 79 GREEN HYDROGEN MARKET IN MEXICO 2023–2029 ($ BILLION)

EXHIBIT 80 KEY FACTS ABOUT GREEN HYDROGEN IN MEXICO

EXHIBIT 81 GREEN HYDROGEN MARKET IN ARGENTINA 2024–2029 ($ BILLION)

EXHIBIT 82 KEY CAVEATS

LIST OF TABLES

TABLE 1 FOCUS MARKETS OF GREEN HYDROGEN SYSTEMS

TABLE 2 TOP GREEN HYDROGEN PROJECTS WORLDWIDE

TABLE 3 GREEN HYDROGEN INITIATIVES BY SOUTH ASIAN COUNTRIES

TABLE 4 SOME OF SAUDI ARABIA’S PROJECTS FOR ACHIEVING SUSTAINABILITY BY 2030

TABLE 5 COMPARISON OF PRODUCTION COST OF HYDROGEN

TABLE 6 ELECTROLYZER CAPACITY BY REGION (GW)

TABLE 7 CHARACTERISTICS OF DIFFERENT ELECTROLYZER TECHNOLOGIES

TABLE 8 KEY COMPANIES MANUFACTURING ALKALINE ELECTROLYZERS

TABLE 9 ALKALINE ELECTROLYZER GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 10 KEY COMPANIES MANUFACTURING PROTON EXCHANGE MEMBRANE ELECTROLYZERS

TABLE 11 PROTON EXCHANGE MEMBRANE ELECTROLYZER GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 12 KEY COMPANIES MANUFACTURING SOLID OXIDE ELECTROLYSIS CELL

TABLE 13 OTHER TECHNOLOGY GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 14 WIND ENERGY GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 15 SOLAR ENERGY GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 16 OTHER SOURCE GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 17 REFINING GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 18 AMMONIA GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 19 OTHER END-USER GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 20 DEVELOPMENT OF HYDROGEN STRATEGIES AND ROADMAPS IN KEY COUNTRIES AND REGIONS

TABLE 21 GREEN HYDROGEN MARKET BY TECHNOLOGY IN EUROPE 2023−2029 ($ BILLION)

TABLE 22 GREEN HYDROGEN MARKET BY SOURCE IN EUROPE 2023−2029 ($ BILLION)

TABLE 23 GREEN HYDROGEN MARKET BY END USERS IN EUROPE 2023−2029 ($ BILLION)

TABLE 24 GREEN HYDROGEN MARKET BY TECHNOLOGY IN APAC 2023−2029 ($ BILLION)

TABLE 25 GREEN HYDROGEN MARKET BY SOURCE IN APAC 2023−2029 ($ BILLION)

TABLE 26 GREEN HYDROGEN MARKET BY END USERS IN APAC 2023−2029 ($ BILLION)

TABLE 27 GREEN HYDROGEN MARKET BY TECHNOLOGY IN NORTH AMERICA 2023−2029 ($ BILLION)

TABLE 28 GREEN HYDROGEN MARKET BY SOURCE IN NORTH AMERICA 2023−2029 ($ BILLION)

TABLE 29 GREEN HYDROGEN MARKET BY END USERS IN NORTH AMERICA 2023−2029 ($ BILLION)

TABLE 30 GREEN HYDROGEN MARKET BY TECHNOLOGY IN THE MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)

TABLE 31 GREEN HYDROGEN MARKET BY SOURCE IN THE MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)

TABLE 32 GREEN HYDROGEN MARKET BY END USERS IN THE MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)

TABLE 33 GREEN HYDROGEN MARKET BY TECHNOLOGY IN LATIN AMERICA 2023−2029 ($ BILLION)

TABLE 34 GREEN HYDROGEN MARKET BY SOURCE IN LATIN AMERICA 2023−2029 ($ BILLION)

TABLE 35 GREEN HYDROGEN MARKET BY END USERS IN LATIN AMERICA 2023−2029 ($ BILLION)

TABLE 36 NEL: MAJOR PRODUCT OFFERINGS

TABLE 37 ITM POWER: MAJOR PRODUCT OFFERINGS

TABLE 38 ENGIE: MAJOR PRODUCT OFFERINGS

TABLE 39 SIEMENS ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 40 AIR PRODUCTS AND CHEMICALS: MAJOR PRODUCT OFFERINGS

TABLE 41 MCPHY ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 42 LOOP ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 43 MESSER: MAJOR PRODUCT OFFERINGS

TABLE 44 ELCOGEN: MAJOR PRODUCT OFFERINGS

TABLE 45 LONGI: MAJOR PRODUCT OFFERINGS

TABLE 46 JOHN COCKERILL: MAJOR PRODUCT OFFERINGS

TABLE 47 PLUG POWER: MAJOR PRODUCT OFFERINGS

TABLE 48 CUMMINS: MAJOR PRODUCT OFFERINGS

TABLE 49 GENVIA: MAJOR PRODUCT OFFERINGS

TABLE 50 AIR LIQUIDE: MAJOR PRODUCT OFFERINGS

TABLE 51 LINDE: MAJOR PRODUCT OFFERINGS

TABLE 52 BLOOM ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 53 UNIPER: MAJOR PRODUCT OFFERINGS

TABLE 54 FUELCELL ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 55 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION: MAJOR PRODUCT OFFERINGS

TABLE 56 FUSION-FUEL: MAJOR PRODUCT OFFERINGS

TABLE 57 THYSSENKRUPP: MAJOR PRODUCT OFFERINGS

TABLE 58 ENAPTER: MAJOR PRODUCT OFFERINGS

TABLE 59 ORSTED: MAJOR PRODUCT OFFERINGS

TABLE 60 HYDROGENPRO: MAJOR PRODUCT OFFERINGS

TABLE 61 TOPSOE: MAJOR PRODUCT OFFERINGS

TABLE 62 SUNFIRE: MAJOR PRODUCT OFFERINGS

TABLE 63 H2 GREEN: MAJOR PRODUCT OFFERINGS

TABLE 64 NTPCREL: MAJOR PRODUCT OFFERINGS

TABLE 65 GREEN HYDROGEN SYSTEMS: MAJOR PRODUCT OFFERINGS

TABLE 66 LHYFE: MAJOR PRODUCT OFFERINGS

TABLE 67 IBERDROLA: MAJOR PRODUCT OFFERINGS

TABLE 68 ENEL GREEN POWER: MAJOR PRODUCT OFFERINGS

TABLE 69 BEIJING SINOHY ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 70 GUOFUHEE: MAJOR PRODUCT OFFERINGS

TABLE 71 SUNGROW POWER SUPPLY: MAJOR PRODUCT OFFERINGS

TABLE 72 SHANDONG AUYAN NEW ENERGY TECHNOLOGY: MAJOR PRODUCT OFFERINGS

TABLE 73 PURIFICATION EQUIPMENT RESEARCH INSTITUTE OF CSIC: MAJOR PRODUCT OFFERINGS

TABLE 74 KOHODO HYDROGEN ENERGY: MAJOR PRODUCT OFFERINGS

TABLE 75 OHMIUM: MAJOR PRODUCT OFFERINGS

TABLE 76 GLOBAL GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 ($ BILLION)

TABLE 77 GLOBAL GREEN HYDROGEN MARKET BY GEOGRAPHY 2023−2029 (%)

TABLE 78 GLOBAL GREEN HYDROGEN MARKET BY TECHNOLOGY 2023−2029 ($ BILLION)

TABLE 79 GLOBAL GREEN HYDROGEN MARKET BY SOURCE 2023−2029 ($ BILLION)

TABLE 80 GLOBAL GREEN HYDROGEN MARKET BY END-USERS 2023−2029 ($ BILLION)

TABLE 81 GREEN HYDROGEN MARKET BY TECHNOLOGY IN EUROPE 2023−2029 ($ BILLION)

TABLE 82 GREEN HYDROGEN MARKET BY SOURCE IN EUROPE 2023−2029 ($ BILLION)

TABLE 83 GREEN HYDROGEN MARKET BY END-USERS IN EUROPE 2023−2029 ($ BILLION)

TABLE 84 GREEN HYDROGEN MARKET BY TECHNOLOGY IN APAC 2023−2029 ($ BILLION)

TABLE 85 GREEN HYDROGEN MARKET BY SOURCE IN APAC 2023−2029 ($ BILLION)

TABLE 86 GREEN HYDROGEN MARKET BY END-USERS IN APAC 2023−2029 ($ BILLION)

TABLE 87 GREEN HYDROGEN MARKET BY TECHNOLOGY IN NORTH AMERICA 2023−2029 ($ BILLION)

TABLE 88 GREEN HYDROGEN MARKET BY SOURCE IN NORTH AMERICA 2023−2029 ($ BILLION)

TABLE 89 GREEN HYDROGEN MARKET BY END-USERS IN NORTH AMERICA 2023−2029 ($ BILLION)

TABLE 90 GREEN HYDROGEN MARKET BY TECHNOLOGY IN LATIN AMERICA 2023−2029 ($ BILLION)

TABLE 91 GREEN HYDROGEN MARKET BY SOURCE IN LATIN AMERICA 2023−2029 ($ BILLION)

TABLE 92 GREEN HYDROGEN MARKET BY END-USERS IN LATIN AMERICA 2023−2029 ($ BILLION)

TABLE 93 GREEN HYDROGEN MARKET BY TECHNOLOGY IN MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)

TABLE 94 GREEN HYDROGEN MARKET BY SOURCE IN MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)

TABLE 95 GREEN HYDROGEN MARKET BY END-USERS IN MIDDLE EAST & AFRICA 2023−2029 ($ BILLION)

TABLE 96 CURRENCY CONVERSION 2016−2023