Global Hydrogen Purifier Market Overview
As per MRFR analysis, the Hydrogen Purifier Market Size was estimated at 4.58 (USD Billion) in 2022.
The Hydrogen Purifier Market Industry is expected to grow from 5.17(USD Billion) in 2023 to 15.2 (USD Billion) by 2032. The Hydrogen Purifier Market CAGR (growth rate) is expected to be around 12.73% during the forecast period (2024 - 2032).
Key Hydrogen Purifier Market Trends Highlighted
Key market drivers include the rising demand for hydrogen fuel cells in transportation, the increasing use of hydrogen in industrial processes, and the growing need for hydrogen purification in semiconductor manufacturing. Opportunities for exploration lie in the development of more efficient and cost-effective purification technologies, as well as the expansion of hydrogen production and distribution infrastructure.
Recent trends in the hydrogen purifier market include the increasing adoption of membrane-based purification systems due to their high efficiency and low cost. Additionally, there is growing interest in the application of metal-organic frameworks (MOFs) for hydrogen purification, as they offer superior hydrogen selectivity and capacity. The market is also witnessing a shift towards modular and skid-mounted hydrogen purifiers to meet the growing demand for decentralized hydrogen production and distribution.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Hydrogen Purifier Market Drivers
Growing Demand from the Semiconductor Industry
The semiconductor industry is a major driver of the hydrogen purifier market. Hydrogen is used in the production of semiconductors, and the increasing demand for semiconductors is expected to drive the growth of the hydrogen purifier market. The Global Hydrogen Purifier Market Industry is projected to grow from USD 5.17 Billion in 2023 to USD 15.2 Billion by 2032, at a CAGR of 12.73%. The growth of the market is attributed to the increasing demand for hydrogen in various applications, such as fuel cells, refineries, and chemical manufacturing.
The semiconductor industry is one of the major end-users of hydrogen, and the growing demand for semiconductors is expected to drive the demand for hydrogen purifiers. Hydrogen purifiers are used to remove impurities from hydrogen gas, which is essential to produce semiconductors. The increasing demand for semiconductors from various industries, such as consumer electronics, automotive, and industrial, is expected to drive the growth of the hydrogen purifier market.
Additionally, the growing adoption of hydrogen fuel cells in various applications, such as transportation and power generation, is also expected to contribute to the growth of the hydrogen purifier market.
Stringent Government Regulations
There is no doubt that many existing governments make efforts to introduce extremely strict regulations to cut down the volume of emissions and increase the popularity of clean energy. Such type of fuel as hydrogen is one of the most frequently used and economically efficient ones. The Global Hydrogen Purifier Market Industry is expected to rise from USD 5.17 Billion in 2023 to USD 15.2 Billion by 2032, at a CAGR of 12.73%.
The increased demand for hydrogen necessary for various applications, namely fuel cells, refineries, and chemical manufacturing, fosters the development of this sector. Another reason for this rise is the stringer regulations introduced by the government. Presently, the volume of emissions significantly contributes to the development of the greenhouse effect. Moreover, governments all over the world try to encourage the population to use unsubstituted sources of energy.
Furthermore, hydrogen may be defined as a clean fuel that does not produce any emissions. That is why it may become a perfect substitute for fossil fuels. At the same time, it is important to underline that it is crucial to use hydrogen purifiers to remove impurities from hydrogen gas. This aspect is vital to produce hydrogen fuel cells. A general trend towards the increased utilization of the latter in the transportation sector and for power generation puts pressure on the development of the hydrogen purifier market.
Technological Advancements
The hydrogen purifier market is growing along with the rising demand for hydrogen in several applications. Nowadays, hydrogen purifiers are getting more efficient and cheaper, which makes them more commercially viable for end users. As proof, the Global Hydrogen Purifier Market Industry is estimated to increase from USD 5.17 Billion in 2023 to USD 15.2 Billion by 2032, at a CAGR of 12.73%. The growth is attributed to the increasing adoption of hydrogen in many applications, such as fuel cells, refineries, and chemical manufacturing.
In addition, growing technological automotive is also a driving factor of the hydrogen purifier market. Nowadays, technology is getting advanced and hydrogen purifiers are becoming cheaper. For instance, advancements in membrane technology and other purification technologies are expected further to drive the growth of the hydrogen purifier market.
Hydrogen Purifier Market Segment Insights
Hydrogen Purifier Market Purification Technology Insights
The Global Hydrogen Purifier Market is segmented based on Purification Technology into Pressure Swing Adsorption, Membrane Separation, and Cryogenic Distillation. Pressure Swing Adsorption accounted for the largest revenue share in 2023 and is projected to maintain its dominance throughout the forecast period. PSA is a well-established technology that is extensively used for hydrogen purification. PSA employs a series of adsorbent beds that selectively adsorb impurities from the hydrogen gas. The purification process is carried out by alternating between pressurization and depressurization cycles for the regeneration of the adsorbent bed, ensuring high purity levels.
Membrane Separation is another important technology for hydrogen purification. It uses a semi-permeable membrane to selectively allow the passage of the hydrogen gas while rejecting the impurities. Membrane Separation offers benefits such as high efficiency, low energy consumption, and compact design. The increasing use of membrane-based hydrogen purification systems is expected to drive this segment’s growth in the upcoming years. Cryogenic Distillation is a mature technology that is primarily used for large-scale applications in hydrogen purification.
In this technology, hydrogen gas is cooled to extremely low temperatures to condense the impurities away from the hydrogen gas. Cryogenic Distillation provides high levels of purity and is suitable for producing hydrogen for large-scale facilities. However, it is relatively costly due to the specialized equipment needed, and the overall operating costs for this technology are high.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Hydrogen Purifier Market Purity Level Insights
The purity level segment of the Global Hydrogen Purifier Market is categorized into 95-99.9%, 99.9-99.999%, and 99.999% and above. Among these, the 99.9-99.999% segment held the largest market share in 2023, accounting for approximately 45% of the global revenue. This dominance is attributed to the widespread adoption of hydrogen purifiers with this purity level in various industries, including electronics, semiconductors, and aerospace. The 95-99.9% segment is projected to witness steady growth over the forecast period, driven by increasing demand from industries such as chemicals and petrochemicals.
The 99.999% and above segment is expected to gain traction in the coming years, owing to the growing demand for ultra-high purity hydrogen in applications such as fuel cells and medical devices.
Hydrogen Purifier Market End-Use Industry Insights
The Electronics industry held the largest share of the Global Hydrogen Purifier Market in 2023, accounting for over 38.4% of the market revenue. The demand for high-purity hydrogen in the electronics industry is primarily driven by the growing production of semiconductors and flat-panel displays. The Chemical Processing industry is another major end-use industry for hydrogen purifiers, with a market share of around 25.1% in 2023. Hydrogen is used in various chemical processes, such as ammonia production, methanol synthesis, and hydrocracking. The Energy industry is also a significant consumer of hydrogen purifiers, with a market share of approximately 18.6% in 2023.
Hydrogen is used as a fuel in fuel cells for power generation and transportation. The Aerospace industry is another important end-use industry for hydrogen purifiers, with a market share of around 12.9% in 2023. Hydrogen is used as a fuel in rockets and other aerospace applications.
Hydrogen Purifier Market Flow Rate Insights
The flow rate segment is a crucial factor in determining the market size and growth prospects of the Global Hydrogen Purifier Market. Based on flow rate, the market is segmented into three sub-segments: low-flow (less than 1000 SLPM), medium-flow (1000-10,000 SLPM), and high-flow (over 10,000 SLPM). The medium-flow segment held the largest market share in 2023. This is due to the increasing demand for hydrogen purifiers in the semiconductor and electronics industries, where medium-flow purifiers are commonly used. The high-flow segment is expected to witness the highest growth rate during the forecast period, owing to the rising demand for hydrogen purifiers in the fuel cell and aerospace industries.
The growth of the market is attributed to the increasing demand for hydrogen purifiers in various industries, including semiconductors, electronics, fuel cells, and aerospace.
Hydrogen Purifier Market Application Insights
The Global Hydrogen Purifier Market segmentation by Application is expected to grow from an estimated USD 2.4 Billion in 2023 to USD 7.2 Billion by 2032, at a CAGR of 12.73% during the forecast period. The growth of the hydrogen purifier market is attributed to the increasing demand for hydrogen in various applications, including fuel cell systems, semiconductor manufacturing, heat treatment processes, and medical gas purification. Fuel cell systems are expected to be the largest application segment, accounting for a significant share of the Global Hydrogen Purifier Market revenue.
The growing adoption of fuel cell vehicles, particularly in the transportation sector, is driving the demand for hydrogen purifiers. Semiconductor manufacturing is another major application segment, where hydrogen purifiers are used to remove impurities from gases used in the manufacturing process. The increasing demand for semiconductors, driven by the growth of the electronics industry, is expected to support the growth of this segment. Heat treatment processes and medical gas purification are other important application segments for hydrogen purifiers.
Hydrogen purifiers are used in heat treatment processes to remove impurities from hydrogen gas used in annealing and other heat treatment applications. In medical gas purification, hydrogen purifiers are used to remove impurities from medical gases, such as oxygen and nitrogen, to ensure their purity and safety for medical use.
Hydrogen Purifier Market Regional Insights
The Global Hydrogen Purifier Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the increasing demand for hydrogen in various industries, such as power generation, transportation, and manufacturing. The region is also home to several key hydrogen purifier manufacturers, which is further driving the market growth. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness significant growth in the coming years due to the increasing adoption of hydrogen fuel cell technology in countries such as China, Japan, and South Korea.
South America and MEA are expected to have a relatively smaller market share, but they are also expected to witness steady growth in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Hydrogen Purifier Market Key Players and Competitive Insights:
Major players in the Hydrogen Purifier Market industry are continuously investing in research and development to improve their product offerings and gain a competitive edge. Leading Hydrogen Purifier Market players are focusing on developing new technologies and innovative solutions to meet the evolving needs of customers. The Hydrogen Purifier Market development is driven by the increasing demand for high-purity hydrogen in various industries, including electronics, chemicals, and energy. The competitive landscape of the Hydrogen Purifier Market is characterized by the presence of both established and emerging players.
Air Products and Chemicals, Inc. is a leading player in the Hydrogen Purifier Market industry. The company offers a range of hydrogen purifiers that are used in various applications, including fuel cell vehicles, semiconductor manufacturing, and glass production. Air Products and Chemicals, Inc. has a strong global presence and a wide distribution network. The company is committed to providing high-quality products and services to its customers.
Another leading player in the Hydrogen Purifier Market is Umicore. The company offers a range of hydrogen purifiers that are used in various applications, including fuel cells, electronics, and chemicals. Umicore has a strong focus on research and development and is committed to providing innovative solutions to its customers. The company has a global presence and a wide distribution network.
Key Companies in the Hydrogen Purifier Market Include:
- Plug Power, Inc.
- Air Liquide S.A.
- Cummins, Inc.
- Air Products and Chemicals, Inc.
- ITM Power
- Hydrogenics Corporation
- NEL ASA
- FuelCell Energy, Inc.
- Praxair Technology, Inc.
- Ballard Power Systems, Inc.
- Hyzon Motors
- Chart Industries, Inc.
- Nikola Motor Company
- Linde PLC
Hydrogen Purifier Market Industry Developments
The global Hydrogen Purifier Market is poised to witness significant growth over the forecast period, driven by increasing demand for hydrogen in various industries, including fuel cells, refineries, and chemical processing. The rising adoption of hydrogen as a clean fuel source is expected to drive the demand for hydrogen purifiers, as they are essential for removing impurities from hydrogen gas.
Technological advancements and government initiatives promoting hydrogen adoption are further contributing to market growth. Recent news developments include partnerships between key players to develop advanced hydrogen purification solutions and the establishment of new manufacturing facilities to meet the growing demand. As a result, the market is expected to experience substantial growth in the coming years, with a focus on innovation and sustainability.
Hydrogen Purifier Market Segmentation Insights
Hydrogen Purifier Market Purification Technology Outlook
- Pressure Swing Adsorption (PSA)
- Membrane Separation
- Cryogenic Distillation
Hydrogen Purifier Market Purity Level Outlook
- 95-99.9%
- 9-99.999%
- 999% and above
Hydrogen Purifier Market End-Use Industry Outlook
- Electronics
- Chemical Processing
- Energy
- Aerospace
Hydrogen Purifier Market Flow Rate Outlook
- Low-flow (less than 1000 SLPM)
- Medium-flow (1000-10,000 SLPM)
- High-flow (over 10,000 SLPM)
Hydrogen Purifier Market Application Outlook
- Fuel Cell Systems
- Semiconductor Manufacturing
- Heat Treatment Processes
- Medical Gas Purification
Hydrogen Purifier Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
4.58(USD Billion) |
Market Size 2023 |
5.17(USD Billion) |
Market Size 2032 |
15.2(USD Billion) |
Compound Annual Growth Rate (CAGR) |
12.73% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Plug Power, Inc., Air Liquide S.A., Cummins, Inc., Air Products and Chemicals, Inc., ITM Power, Hydrogenics Corporation, NEL ASA, FuelCell Energy, Inc., Praxair Technology, Inc., Ballard Power Systems, Inc., Hyzon Motors, Chart Industries, Inc., Nikola Motor Company, Linde PLC |
Segments Covered |
Purification Technology, Purity Level, End-Use Industry, Flow Rate, Application, Regional |
Key Market Opportunities |
Increased hydrogen fuel cell demands stringent emission regulations, rising demand for high purity hydrogen expanding semiconductor industry and advancements in purification technologies. |
Key Market Dynamics |
Rising demand for hydrogen fuel technological advancements, stringent environmental regulations expanding hydrogen production capacity, increasing adoption in fuel cell applications |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global hydrogen purifier market is expected to reach USD 15.2 billion by 2032, growing at a CAGR of 12.73% from 2024 to 2032. The increasing demand for hydrogen fuel cells in various applications, such as transportation, power generation, and industrial processes, is driving the growth of the hydrogen purifier market.
The major regions in the global hydrogen purifier market are North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to hold the largest market share during the forecast period due to the presence of major hydrogen production and consumption industries in the region.
The key applications of hydrogen purifiers include Fuel cells, Electronics Manufacturing, Metalworking, Chemical processing, Aerospace.
The major trends in the global hydrogen purifier market include: Increasing demand for hydrogen fuel cells, development of new and more efficient hydrogen purification technologies, and growing adoption of hydrogen purifiers in various applications.
The challenges in the global hydrogen purifier market include the high cost of hydrogen purifiers, Lack of awareness about hydrogen purifiers, stringent regulations governing the use of hydrogen.
The opportunities in the global hydrogen purifier market include: Growing demand for hydrogen fuel cells, development of new and more efficient hydrogen purification technologies, increasing adoption of hydrogen purifiers in various applications.
The global hydrogen purifier market is expected to grow at a CAGR of 12.73% from 2024 to 2032.
The key end-use industries for hydrogen purifiers include: Automotive, Aerospace, Electronics, Chemical processing, Metalworking.