Title: Hydrogen Prices, News, Market Analysis | ChemAnalyst
1Hydrogen Prices Overview
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Market Overview Quarterly Update on Global
Hydrogen Market For the Quarter Ending March
2021 North America The US freezing storm
disrupted industrial activities of the US Texas
region for almost two months. Most of the plants
were down amidst this winter freeze, it is
estimated that, more than 7.37 of LNG output was
totally halted due this extreme cold. Hence the
production of Hydrogen was also reduced with
shortage of feedstock Methane, across the region.
Although the domestic demand for Hydrogen
remained high, tight supply further supported the
prices of LNG. Get more info https//www.chemana
lyst.com/Pricing-data/hydrogen-1165
2 Hydrogen Prices Overview
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Asia The Asian market witnessed a continuous
boom in the Hydrogen demand as a fuel, especially
in China. China invested a lot in Hydrogen fuel
in past couple of years to reduce CO2 emission of
the country, and they continued this trend in
last quarter as well. Meanwhile, surge in COVID
19 cases in China forced the government to
implement partial lockdown across some region,
which affected the transportation of Hydrogen and
ultimately reduced the availability of Hydrogen
in the country. On the other hand, Indian
government also announced a big budget of green
Hydrogen that enhanced the market sentiments
across the country. Although, Panama Canal
congestion and surge in import prices halted the
availability of Hydrogen in the country which
supported the prices. Prices of Hydrogen in
Indian market rose from USD 258.83 to USD 310.02
per MT from early January to March
ending. Europe The European LNG demand
remained high amidst winter in addition supply
tightness supported the prices cross the region,
which directly impacted the prices of alternative
Hydrogen in the market. Germany is just behind
China in the race of Hydrogen as a fuel for
transportation thus its demand in the European
region is expected to remain high in forthcoming
quarters also. I n addition, the prices of
feedstock Methane also witnessed prominent ruse
due to higher LNG exports to Asia and lower
supply from the US Gulf under extreme cold
conditions.
3 Hydrogen Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Hydrogen gas manufacturers, spread across
the domestic and international market, suppliers
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market. Our
dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Hydrogen gas market. The
team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility. Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe. Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global
Hydrogen gas market. Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis. Finally, region-specific markets for
Hydrogen gas are analyzed and region-wise demand
pattern is tracked.
4 Hydrogen Prices Overview
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- About
- Hydrogen is a colorless, tasteless, odorless,
flammable gaseous substance. It is the simplest
and the first member in the chemical family.
Hydrogen gas is the loose aggregation of hydrogen
molecules under normal conditions. The product is
widely demanded in various end-use industries due
to its stability and ability to form stable bonds
with number of elements. Hydrogen gas is majorly
used in refining industries to remove Sulphur and
in the manufacture of ammonia. Besides, it even
finds extensive applications in several other
fields like transportation industry, fertilizers,
pharmaceutical industry, and others. Due to its
ideal properties, it is often used as a base for
producing other chemical compounds such as
ammonia and carbon monoxide. Being regarded as
the clean fuel, Hydrogen gas can be used as fuel
in future in the transport industry. It can be
derived from the electrolysis of water and steam
methane reformer (SMR) process. Through
electrolysis process, the amount of carbon
dioxide released is twenty times less than that
is released in SMR. Therefore, major companies
and economies are now focusing to produce
hydrogen gas through electrolysis of water which
can be used as a clean fuel in future. -
- Product Specific Details
-
- CAS No. 1333-74-0, HS Code 28041000 Grades Hig
h Purity Grade, Electronic Grade Packaging
Size 25 Kg Bag Incoterms CFR, FOB, Ex-Works,
Bulk Contracted, Spot -
- Countries Covered
-
- APAC China, Japan, India, South Korea,
Singapore - Europe Germany, France, Belgium
- America USA, Brazil
- MEA Saudi Arabia, UAE, South Africa
5 Hydrogen Prices Overview
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- How we can help
- ChemAnalyst addresses the key problematic areas
and risks associated with chemical and
petrochemical business globally and enables the
decision-maker to make smart choices. It
identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally. - Related Report
- Global Green Hydrogen Market, By End-Use
(Utilities, Telecom Power, Industrial, Transport
and Others), By Region, Competition Forecast
Opportunities, 2030
6 Hydrogen Prices Overview
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