MEA Region Strategizing for Global Hydrogen Market Dominance
Key Ideas
  • MEA region focusing on scaling up hydrogen production for domestic decarbonization and export to global demand markets.
  • Africa emphasizing green hydrogen leveraging renewable resources; Middle East focusing on blue hydrogen using refinery infrastructure.
  • MEA set to significantly enhance global standing with upcoming low-carbon hydrogen projects.
  • Key MEA countries like Egypt and Oman expected to lead in future hydrogen production in Africa and the Middle East respectively.
The Middle East and Africa are intensifying efforts to establish themselves as key players in the global hydrogen market. While Africa is concentrating on green hydrogen production to utilize its extensive renewable energy sources, the Middle East is directing its attention to blue hydrogen production by leveraging its refinery infrastructure. The MEA region, although currently contributing only 11% of global hydrogen capacity, is poised to enhance its position significantly with a pipeline of large-scale low-carbon hydrogen projects. Notably, several African nations such as Egypt, Mauritania, and Morocco aim to capitalize on their abundant renewable energy sources to produce cost-effective green hydrogen for both domestic and export purposes. On the other hand, the Middle East is adopting a diversified approach, investing in both green and blue hydrogen to cater to global markets. With 80% of upcoming hydrogen capacity in the MEA region being part of early-stage feasibility projects, the region is expected to witness substantial growth in the hydrogen sector. Egypt and Oman are anticipated to lead the future production of hydrogen in Africa and the Middle East respectively. The report outlines MEA's low-carbon hydrogen capacity outlook, key regional projects, leading companies in the hydrogen market, end-use sectors, policies, and deal activities related to hydrogen in the region. The focus is on identifying market trends, understanding current and upcoming capacity, analyzing growth scenarios for 2030, and exploring various applications of hydrogen such as transportation, ammonia and methanol production, iron and steel industries, among others. The MEA market is evolving rapidly as it aims to position itself as a significant global hydrogen export hub, with a particular emphasis on creating a sustainable and competitive hydrogen sector.
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