Hydrogen Prices, News, Market Analysis | ChemAnalyst

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Hydrogen Prices, News, Market Analysis | ChemAnalyst

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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. – PowerPoint PPT presentation

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Title: Hydrogen Prices, News, Market Analysis | ChemAnalyst


1
Hydrogen Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
  • 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  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
  • 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  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
ChemAnalyst is one stop online portal that
offers comprehensive market intelligence data and
in-depth analysis on the Global chemical and
petrochemical industry. Our aim is to provide
competitive advantage to the industry
stakeholders by offering cutting edge
information and analysis that help our customers
leverage on the emerging opportunities in their
businesses. ChemAnalysts team of 100 analysts
are engaged in tracking Chemical Prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade data
and news/deals for more than 400 major chemicals
produced in India. ChemAnalysts Interactive
subscription platform provides the most
comprehensive data and analysis in your industry
to help you decode the future. ChemAnalyst is
promoted by TechSci Research (TSR). TSR is a
research-based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
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