US hydrogen growth trends


Hydrogen remains a solid growth platform for the industrial gas industry. Industrial gas companies supply large quantities of hydrogen through their on-site pipeline (OSP) business that are used by oil and gas refineries, basic and specialty chemical manufacturers, and food processors.

The greatest demand for hydrogen in the US is in the petroleum sector, where low sulfur fuels are mandated in response to stricter environmental regulations for clean air. Industrial gas companies work with refiners to improve value through managing their energy systems so that they are more efficient and meet government regulations. Also driving growth for industrial gas companies are sale of gas (SOG) deals and acquisitions/replacement of aging steam methane reformers (SMRs) driven by the healthy economy of the past few years.

In smaller volumes, merchant liquid hydrogen is supplied via tube trailer and cylinder and used in a wide range of applications including metallurgy, electronics, aerospace, fuel cells, glass, electrical power generation, and food hydrogenation. After years of anticipation, hydrogen fuel cells are gaining momentum as cost and performance has improved. In this report, we bring readers up to date on the OSP business and the Merchant hydrogen business, where liquid hydrogen for stationary and mobile fuel cell technology is growing.

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