Industry Leaders
Keynotes
Hydrogen has often been referred to as the ‘fuel of the future’. That very future, we believe has well & truly arrived with a shift to green hydrogen offering the potential to significantly reduce global carbon emissions, estimated at over 50 gigatons in 2022, by almost 1 GT in chemical and industrial applications alone, with even greater reductions across various industries spanning power, transportation, & construction by 2050
Meanwhile, the global hydrogen generation market is expected to grow from USD 159.5 Billion in 2022 to USD 419.3 Billion by 2035, with Asia Pacific currently leading the way, driven by markets such as Australia, China and India with focus on ammonia production & refinery throughput. Blue hydrogen production technologies, such as steam reforming, gas heat reforming, & biomass gasification with technology readiness levels (TRL) < 7, will play a crucial role in the hydrogen economy. APAC is expected to maintain a leadership positioning in the hydrogen economy towards 2035 but significant growth in Green Hydrogen in Europe is expected to shift the market needs and demands, especially considering the influence of import/export opportunities within the APAC region.
Challenges in the hydrogen value chain will drive opportunities. In upstream, gray hydrogen dominates but will transition to lower-carbon blue and green options. A need for accurate selection of production technologies (SMR, coal gasification, electrolysis) will spark innovation. In midstream, cost hurdles will push efficiency & business model innovation. Hydrogen refueling stations are scarce but present investment potential. These challenges create a landscape rich in opportunities for progress, cost reduction, and sustainability solutions.
Hydrogen is primed to drive innovation across various sectors, including energy, aviation, marine, & defense with hydrogen-specific vehicle platforms and architectures emerging, optimizing range, refueling, and payload balance while industries like steel, semiconductors & chemicals stand to benefit significantly with key chemicals like ammonium sulphate & methanol derivatives gaining green labeling. The automotive industry is also poised for major transformation, with the number of hydrogen-powered fuel cell vehicles expected to surge to around 1.28 million units by 2035.
Join us at the MarketsandMarkets Hydrogen Economy Breakfast Briefing focusing on ‘Opportunities Across the Hydrogen Value Chain’ on 21st November at Hotel New Otani Tokyo The Main from 7.45 AM, for a discussion amongst peers across industries, to explore over $100 billion worth of novel revenue sources created by global disruptions in the space. Discover actionable insights aimed at uncovering a robust & strategic roadmap to harnessing emerging advancements & innovations around leveraging Hydrogen across various sectors!
Hotel New Otani Tokyo The Main
