Top 10 Companies in the Hydrogen Production by Coal Market (2026): Market Pioneers Driving the Clean Hydrogen Transition

In Business Insights
January 27, 2026

The Global Hydrogen Production by Coal Market was valued at USD 45.4 Billion in 2023 and is projected to reach USD 74.8 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024-2032). This substantial growth is primarily driven by the expanding demand for clean hydrogen in industrial applications, supportive government policies for carbon capture and storage (CCS) integration, and the strategic need for energy security in coal-rich nations.

As the world navigates the complex pathway to a low-carbon economy, coal gasification and pyrolysis technologies are being re-evaluated as critical bridges to a hydrogen future, especially when combined with carbon capture, utilization, and storage (CCUS). In this blog, we profile the Top 10 Companies in the Hydrogen Production by Coal Industry—comprising technology licensors, energy giants, and specialized project developers who are pioneering the commercialization of coal-to-hydrogen with reduced environmental impact.


🔟 1. Hydrogen Energy Supply Chain (HESC) Project Consortium

Headquarters: Melbourne, Australia (Project Lead)
Key Offering: Integrated Liquefied Hydrogen Supply Chain from Coal Gasification with CCS

The HESC project is a landmark Japan-Australia partnership aiming to produce clean liquid hydrogen from Victorian brown coal. The consortium, involving Kawasaki Heavy Industries, J-POWER, and other major players, represents one of the world’s most ambitious efforts to create a full-scale, commercial hydrogen supply chain from coal, demonstrating the viability of CCUS technology.

Sustainability & Innovation Initiatives:

  • Pilot phase successfully produced and transported liquefied hydrogen to Japan

  • Integration of CarbonNet CCS project to capture and store CO₂ emissions

  • Aiming for commercial-scale operation by the late 2020s

Download FREE Sample Report: Hydrogen Production by Coal Market – View in Detailed Research Report


9️⃣ 2. Haldor Topsoe

Headquarters: Kongens Lyngby, Denmark
Key Offering: TIGAS™ (Topsoe Improved Gasoline and SNG) and Autothermal Reforming Technologies

Haldor Topsoe is a global leader in catalysis and process technology, providing advanced solutions for syngas and hydrogen production from various feedstocks, including coal. Their technologies are designed for high efficiency and are adaptable for carbon capture, making them a key enabler for cleaner coal-based hydrogen production.

Sustainability & Innovation Initiatives:

  • Development of energy-efficient gasification and reforming catalysts

  • Active engagement in projects integrating coal-to-hydrogen with CCS

  • Focus on reducing the carbon footprint of chemical and fuel synthesis


8️⃣ 3. Linde Engineering

Headquarters: Pullach, Germany
Key Offering: Air Separation Units, Syngas Plants, and Hydrogen Purification Technologies

Linde Engineering provides critical technology and engineering services for large-scale hydrogen production plants. Their expertise in air separation for oxygen supply and syngas treatment is essential for efficient coal gasification processes, serving major energy projects worldwide.

Sustainability & Innovation Initiatives:

  • Designing plants with CCUS-ready configurations

  • Pioneering processes for high-purity hydrogen extraction from syngas

  • Commitment to engineering solutions that minimize environmental impact


7️⃣ 4. Yingde Gases Group

Headquarters: Guangdong, China
Key Offering: On-site Hydrogen Gas Generation, Industrial Gases Supply

As one of China’s leading industrial gas companies, Yingde Gases Group plays a significant role in the country’s hydrogen economy. The company supplies hydrogen produced from various sources, including coal, to a vast network of industrial customers in the steel, chemical, and electronics sectors.

Sustainability & Innovation Initiatives:

  • Investing in more efficient on-site gas production units

  • Expanding hydrogen infrastructure to support China’s clean energy goals

  • Exploring hybrid energy systems for lower-carbon hydrogen production

Download FREE Sample Report: Hydrogen Production by Coal Market – View in Detailed Research Report


6️⃣ 5. Shanxi Meijin Energy Co., Ltd.

Headquarters: Taiyuan, Shanxi, China
Key Offering: Coking Coal, Coke, and Coal Chemical Products including Hydrogen

Shanxi Meijin Energy is a major integrated coal and chemical enterprise in China’s largest coal-producing province. The company is actively involved in the coal chemical industry, producing hydrogen as a by-product of coking processes and through dedicated gasification projects, feeding the regional hydrogen market.

Sustainability & Innovation Initiatives:

  • Modernization of coking facilities to improve efficiency and capture by-product hydrogen

  • Investment in greenfield coal-to-chemicals projects with advanced environmental controls

  • Aligning with national policies for clean and efficient coal utilization


5️⃣ 6. China Pingmei Shenma Group

Headquarters: Pingdingshan, Henan, China
Key Offering: Coal Mining, Coking, and Hydrogen from Coke Oven Gas

China Pingmei Shenma Group is a state-owned conglomerate with a significant presence in the coal and chemical sectors. The company leverages its extensive coking operations to extract and purify hydrogen from coke oven gas, contributing to the hydrogen supply for refining and chemical synthesis.

Sustainability & Innovation Initiatives:

  • Utilization of hydrogen from coke oven gas to reduce flaring and emissions

  • Exploration of CCUS technologies for cleaner industrial processes

  • Focus on circular economy principles within its coal-chemical value chain


4️⃣ 7. Shanxi Blue Flame Holding Company Ltd.

Headquarters: Jincheng, Shanxi, China
Key Offering: Coalbed Methane (CBM) Extraction and Hydrogen Production

Shanxi Blue Flame is a prominent player in the unconventional gas sector, specializing in coalbed methane. The company is exploring pathways to utilize its gas resources, including methane from coal seams, for hydrogen production, positioning itself at the intersection of fossil fuel extraction and the emerging hydrogen economy.

Sustainability & Innovation Initiatives:

  • Pilot projects for hydrogen production from CBM reforming

  • Focus on monetizing stranded gas assets through hydrogen conversion

  • Contributing to regional air quality improvement by replacing coal with gas-derived hydrogen


3️⃣ 8. Air Products and Chemicals, Inc.

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Hydrogen Production Technology, Syngas & Hydrogen Supply

Air Products is a world-leading industrial gases company with deep expertise in hydrogen. While known for its steam methane reformers, the company also engages in gasification projects that can utilize coal or petroleum coke, offering large-scale, reliable hydrogen supply with a focus on incorporating carbon management solutions.

Sustainability & Innovation Initiatives:

  • Development of the world’s largest net-zero hydrogen energy complex in Alberta, Canada, integrating gasification with CCS

  • Investment in advanced gasification technologies for solid feedstocks

  • Global leader in hydrogen fueling infrastructure for transportation


2️⃣ 9. Sasol Limited

Headquarters: Johannesburg, South Africa
Key Offering: Coal-to-Liquids (CTL) Technology and Syngas/Hydrogen Production

Sasol is a global integrated energy and chemical company renowned for its proprietary Fischer-Tropsch technology for converting coal and gas into fuels and chemicals. Its Secunda plant is one of the world’s largest point sources of CO₂ and a major producer of hydrogen, with ongoing initiatives to decarbonize its operations.

Sustainability & Innovation Initiatives:

  • Comprehensive roadmap to reduce greenhouse gas emissions by 30% by 2030

  • Feasibility studies for large-scale CCS at its Secunda complex

  • Exploring green hydrogen integration to decarbonize existing coal-based processes


1️⃣ 10. Sumitomo Corporation

Headquarters: Tokyo, Japan
Key Offering: Project Development, Investment, and Technology Licensing for Hydrogen Supply Chains

Sumitomo Corporation is a key investor and developer in the global hydrogen energy sector. The company is actively involved in international projects, such as the HESC in Australia, focusing on building the entire value chain—from production from coal with CCS to liquefaction, shipping, and distribution—to ensure a stable hydrogen supply for Japan.

Sustainability & Innovation Initiatives:

  • Strategic partnerships to commercialize carbon-neutral hydrogen from fossil fuels with CCS

  • Investment in hydrogen liquefaction and marine transport technologies

  • Commitment to fostering international cooperation for a global hydrogen market

Get Full Report Here: Hydrogen Production by Coal Market – View in Detailed Research Report


🌍 Outlook: The Future of Hydrogen from Coal Is Tied to Carbon Management

The hydrogen production from coal market is at a pivotal juncture. While coal gasification offers a cost-effective and large-scale pathway to hydrogen, its future is inextricably linked to the successful deployment and cost reduction of carbon capture, utilization, and storage (CCUS) technologies. The transition is not about abandoning coal but transforming its role in the energy system.

📈 Key Trends Shaping the Market:

  • Accelerated development of Integrated Gasification Combined Cycle (IGCC) plants with CCS, particularly in China, the US, and Australia.

  • Growing policy support and funding for CCS projects, making blue hydrogen (from fossil fuels with CCS) a viable transitional fuel.

  • Advancements in hydrogen purification and separation technologies, enhancing the efficiency of extracting hydrogen from syngas.

  • Strategic alliances between technology providers, energy companies, and governments to de-risk large-scale coal-to-hydrogen-CCUS projects.

Get Full Report Here: Hydrogen Production by Coal Market – View in Detailed Research Report

The companies profiled above are not only key players in the current hydrogen production landscape—they are actively engineering the technological and commercial frameworks necessary for a lower-carbon hydrogen future that leverages existing energy assets responsibly.