North America Hydrogen Market Size and Analysis by Application Areas, Upcoming Projects, Policies and Key Players to 2030

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North America Hydrogen Market Overview

The current North America active hydrogen capacity stands at 0.3 mtpa. The region is primed for a hydrogen revolution due to its existing oil and gas experience and infrastructure, a wide variety of existing and potential demand sectors, and diverse energy resources. North America has shown a strong interest in both blue and green hydrogen, in contrast to the rest of the world, where mainly green hydrogen capacity is being developed. The US has the most existing hydrogen pipelines of any country, mainly in the Gulf Coast region due to a large refining and petrochemicals sector. Additionally, Canada has announced the two largest projects in the world adding up 86 mtpa capacity into the pipeline, representing 88% of the regions upcoming capacity.

Key Countries Canada, the US, and Mexico
Key Use Sectors Transportation, Ammonia & Other Chemicals, Power, Refining, Synthetic Fuels, Iron & Steel, Fertilizers, Fuel Cells, and Gas Grid
Key Companies Nikola, FuelCell Energy, Plug Power, Ballard Power Systems, Hyzon Motors, Bloom Energy, Air Products and Chemicals, NFI, CF Industries, and Northwest Natural

The North America hydrogen market research report offers hydrogen market analysis in the region, total upcoming capacity, and 2030 market size scenarios, highlighting recently announced projects by capacity. The report also offers insights into the demand for hydrogen across different application sectors with national and regional policy support and financial incentives.

For more insights into the North America hydrogen market forecast, download a free sample report

North America Hydrogen Market Segmentation by Countries

The key countries in terms of green hydrogen demand in North America are Canada, Mexico, and the US.  Canada was an early pioneer of low-carbon hydrogen production, specifically blue hydrogen. However, last year’s announcement of 2 major projects, each with a 43 mtpa capacity, has positioned the country as the leading upcoming producer of green hydrogen, shadowing blue hydrogen projects. On the other side, the US is increasing its low-carbon hydrogen capacity with a mix of green and blue hydrogen plants, with most of them in the feasibility stages.

North America Green Hydrogen Market Analysis by Countries, 2023 (%)

North America Green Hydrogen Market Analysis by Countries, 2023 (%)

For more country insights into the North America hydrogen market, download a free sample report

North America’s Largest Upcoming Hydrogen Projects

Some of the largest upcoming hydrogen projects in North America are GHI Spirit of Scotia Hydrogen Hub Project, GHI Fleur-de-lys Green Hydrogen Hub Project, GHI Hydrogen City Texas Project Phase 2, Ascension Clean Energy Hydrogen Project, Fort Nelson H2N Bright Green Hydrogen Project, ExxonMobil Baytown Hydrogen Project, Air Products Ascension Parish Blue Hydrogen Plant, Air Products Edmonton Blue Hydrogen Plant, Bakken Energy Mitsubishi Power JV Hydrogen Plant, and Suncor ATCO Fort Saskatchewan Blue Hydrogen Plant among others. In 2023, the GHI Spirit of Scotia Hydrogen Hub Project held the highest plant capacity.

North America Hydrogen Market Analysis by Upcoming Hydrogen Projects, 2023 (%)

North America Hydrogen Market Analysis by Upcoming Hydrogen Projects, 2023 (%)

For more insights on the upcoming hydrogen projects in North America hydrogen market, download a free sample report

North America Hydrogen Market Segmentation by Use Sectors

The key use sectors in the North America hydrogen market are transportation, ammonia & other chemicals, power, refining, synthetic fuels, iron & steel, fertilizers, fuel cells, and gas grid among others. Transportation is the most common end-use sector for hydrogen produced in North America. Companies in the transportation sector are engaging in strategic partnerships to leverage hydrogen production. For instance, Raven SR and Hyzon Motors recently formed a partnership announcing they will collaborate to commercialize operations of a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to transportation markets in Northern California.

North America Hydrogen Market Analysis by Use Sectors, 2023 (%)

North America Hydrogen Market Analysis by Use Sectors, 2023 (%)

For more application area insights into the North America hydrogen market, download a free sample report

North America Hydrogen Market – Regional Policies and Strategies

US Policy & Strategy: Massive new funding promises will jumpstart a hydrogen economy during this decade. Policies such as Infrastructure Investment and Jobs Act (IIJA), 2021, DOE Hydrogen Program Plan 2020, DOE Hydrogen Shot, 2021, EV Target & Fuel Efficiency Standards, 2021, and 45Q CCUS Tax Credit, 2018-2026 will aid in Hydrogen production and development.

Canada Policy Strategy: Investment tax credit for Hydrogen, Hydrogen Strategy for Canada, 2020, Memorandum of Understanding: Canada and the Netherlands, 2021 and Renewable Fuels Regulations, 2010 are some of the key policies and strategies followed by the Canadian government to ensure hydrogen development.

For more insights into the regional policies and strategies in the North America hydrogen market, download a free sample report

North America Hydrogen Market – Competitive Landscape

Some of the key companies in the North American hydrogen market are Nikola, FuelCell Energy, Plug Power, Ballard Power Systems, Hyzon Motors, Bloom Energy, Air Products and Chemicals, NFI, CF Industries, and Northwest Natural. Nikola builds hydrogen trucks and fueling stations and is involved in production of low-carbon hydrogen. Similarly, FuelCell Energy is a global leader in fuel cell technology for power generation and hydrogen production, as well as carbon separation and utilization. They are developing solid oxide fuel cells and electrolysis cells and carbon capture technology.

North America Hydrogen Market Analysis by Companies, 2023 (%)

North America Hydrogen Market Analysis by Companies, 2023 (%)

To know more about North American companies with the most mentions of hydrogen in filings, download a free sample report

Key Highlights

  • The region currently exports a significant amount of LNG, making it possible to repeat this success with hydrogen exports.
  • The region currently holds over 50% of the global upcoming low-carbon production capacity, the interest and engagement level for continuing to develop low carbon hydrogen projects is exponentially increasing.
  • Transportation and ammonia production are set to become the largest end users of hydrogen in North America. Long-distance and heavy-duty transport are likely applications. Ammonia is used in the production of fertilizers and is an attractive option for transporting hydrogen over long distances.
  • The region will have some exportation to other markets as well, especially Canada and Mexico.
  • A large number of innovative demonstration projects are taking place across North America.

Reasons to Buy

  • Identify the market trends within the country and key players in hydrogen technologies.
  • Develop market insight of current, development and announced capacity, and latest trends of the sector.
  • Understand the country’s different scenarios for 2030 based on the likeliness of the projects.
  • Look at the demand in key application areas for the country.
  • Facilitate the understanding of how and where the market is growing as it is rapidly scaling up to position as one of the main topics of the international and national agenda.

Air Products
Nutrien
Nikola Motor
H2V Energies
Hyzon
ZeroAvia
Southern California Gas
Plug Power
Cummins
Chevron
Shell
General Electric
Air Liquide
Hyundai
Xcel Energy
Nutrien
Toyota
CF Industries
Mitsubishi
Ballard Power Systems

Table of Contents

  • 1. Overview

    • 1.1. Executive Summary
    • 1.2. Regional Snapshot

  • 2. Low Carbon Hydrogen Market

    • 2.1. North America in a global context
    • 2.2. Largest Upcoming Projects
    • 2.3. Upcoming Capacity by Country
    • 2.4. 2030 Capacity Scenarios
    • 2.5. Hydrogen Competitiveness Drivers
    • 2.6. Hydrogen Production Costs

  • 3. Demand in Key Application Areas

    • 3.1. Sectors for Future Growth
    • 3.2. Intended Use Sectors
    • 3.3. Refining
    • 3.4. Hydrogen to Ammonia
    • 3.5. Development Across Sectors
    • 3.6. Hydrogen Hub example
    • 3.7. Hydrogen Barriers

  • 4. Policies, Projects & Key Players

    • 4.1. US Policy & Strategy
    • 4.2. Canada Policy & Strategy
    • 4.3. Deals overview

Table

Table 1: NA’s largest upcoming hydrogen projects 8

Table 2: Likely Demand Sectors for Future Growth 14

Table 3: Examples of Hydrogen developments in North America across sectors 18

Table 4: North American companies pursuing hydrogen 28

Figures

Figures 1: Global and regional highlights 5

Figures 2: NA’s and Global Low-Carbon Hydrogen Capacity by Development Stages, mtpa 7

Figures 3: All Active & Upcoming Capacity Map 8

Figures 4: Upcoming Hydrogen Production Capacity by Country 9

Figures 5: North America’s hydrogen capacity scenarios, mtpa 10

Figures 6: Renewable Power Costs in MEA 11

Figures 7: Hydrogen Production Costs 12

Figures 8: Target use sectors for low-carbon hydrogen plants 15

Figures 9: North America refinery hydrogen capacity 16

Figures 10: Ammonia Demand 17

Figures 11: North America Ammonia Market 17

Figures 12: Hydrogen Hub – Hydrogen City, Texas 19

Figures 13: North America’s hydrogen deals 27

Figures 13: North American companies by hydrogen mentions in filings, 2017 – March 2023 28

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