Top 10 Companies in the Global Hydrogen Liquefiers Market (2025): Industrial Leaders Enabling the Hydrogen Economy

In Business Insights
June 19, 2025

The Global Hydrogen Liquefiers Market was valued at USD 4.2 Billion in 2023 and is projected to reach USD 10.8 Billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period (2024-2035). This rapid expansion is driven by accelerating hydrogen adoption across energy, transportation, and industrial sectors, coupled with expanding government support for clean hydrogen infrastructure.

As liquid hydrogen emerges as the most efficient solution for large-scale hydrogen transport and storage, liquefaction technology providers are becoming key enablers of the energy transition. This blog profiles the Top 10 Hydrogen Liquefaction Technology Companies transforming hydrogen into a globally traded energy commodity.


🔟 1. Air Liquide

Headquarters: Paris, France
Key Offering: Large-scale hydrogen liquefaction plants (>30 TPD capacity)

A pioneer in hydrogen liquefaction, Air Liquide operates one of the world’s largest liquid hydrogen facilities in North Las Vegas (115 TPD capacity). The company provides end-to-end solutions from production through liquefaction to distribution.

Recent Developments:

  • Investing $150M to expand Nevada facility capacity by 50% by 2026
  • Launched next-gen liquefaction technology achieving 30% efficiency gains
  • Partnering with TotalEnergies on Europe’s largest hydrogen liquefaction project

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9️⃣ 2. Linde Engineering

Headquarters: Munich, Germany
Key Offering: Integrated hydrogen liquefaction solutions

Linde’s cryogenic expertise powers its industry-leading hydrogen liquefaction technology, with systems operating at 12.5 kWh/kg energy efficiency – 15% better than industry standard.

Recent Developments:

  • Awarded contract for 30 TPD plant in Saudi Arabia NEOM project
  • Developing zero-loss liquefaction systems for maritime applications
  • Piloting AI-optimized liquefaction processes

8️⃣ 3. Chart Industries

Headquarters: Georgia, USA
Key Offering: Modular hydrogen liquefaction systems

Chart Industries specializes in scalable liquefaction solutions ranging from 5 TPD to 100+ TPD capacity with its proprietary brazed aluminum heat exchangers.

Recent Developments:

  • Acquired Howden to expand compression technology portfolio
  • Selected for seven major green hydrogen projects in 2023
  • Launched mobile liquefaction units for distributed production

7️⃣ 4. Kawasaki Heavy Industries

Headquarters: Tokyo, Japan
Key Offering: Marine hydrogen liquefaction systems

Kawasaki leads in liquid hydrogen handling for maritime transport solutions, having built the world’s first LH2 carrier vessel.

Recent Developments:

  • Developing 40 TPD offshore liquefaction platform
  • Testing liquid hydrogen bunkering technology for ships
  • Partnering with Shell on Asian hydrogen supply chain

Read Full Report:
Global Hydrogen Liquefiers Market – View in Detailed Research Report


6️⃣ 5. Shell Hydrogen

Headquarters: The Hague, Netherlands
Key Offering: Integrated hydrogen liquefaction hubs

Shell is developing large-scale hydrogen liquefaction terminals to enable global hydrogen trade, leveraging its LNG infrastructure expertise.

Recent Developments:

  • Building 200 TPD facility in Netherlands (2026 operational)
  • Retrofitting LNG terminals for hydrogen liquefaction
  • Partnering with ports worldwide on LH2 bunkering

5️⃣ 6. Hyundai Engineering

Headquarters: Seoul, South Korea
Key Offering: Cost-optimized hydrogen liquefiers

The Korean giant is scaling hydrogen liquefaction capacity to support Asia’s growing hydrogen economy with competitive modular solutions.

Recent Developments:

  • Commissioned 5 TPD demonstration plant in Ulsan
  • Developing 50 TPD systems for export markets
  • Partnering with Saudi Arabia on hydrogen projects

4️⃣ 7. Cryolor (Nippon Sanso Holdings)

Headquarters: Tokyo, Japan
Key Offering: Compact hydrogen liquefiers

Cryolor specializes in small-to-medium scale liquefaction systems (0.5-10 TPD) for industrial and mobility applications.

Recent Developments:

  • Supplied systems to 15 Japanese hydrogen stations
  • Developing liquid hydrogen production from ammonia
  • Expanding manufacturing capacity threefold by 2025

3️⃣ 8. Plug Power

Headquarters: New York, USA
Key Offering: Green hydrogen liquefaction solutions

Plug Power is integrating electrolysis with liquefaction to create fully renewable liquid hydrogen production plants.

Recent Developments:

  • Building 15 TPD facility in Georgia (2025 operation)
  • Developing 45 TPD system for European client
  • Partnering with Amazon on hydrogen logistics

Download FREE Sample Report:
Global Hydrogen Liquefiers Market – View in Detailed Research Report


2️⃣ 9. Beijing Sinoscience Fullcryo Technology

Headquarters: Beijing, China
Key Offering: Localized hydrogen liquefiers

The Chinese leader in cryogenic equipment is rapidly scaling hydrogen liquefaction capacity to support domestic demand.

Recent Developments:

  • Commissioned 10 TPD plant in Inner Mongolia
  • Developing 50 TPD systems for green hydrogen projects
  • Partnering with CNPC on nationwide deployment

1️⃣ 10. Energy Vault Holdings

Headquarters: California, USA
Key Offering: Renewable-powered hydrogen liquefaction

Energy Vault is integrating hydrogen liquefaction with its gravity energy storage solutions for off-grid renewable operation.

Recent Developments:

  • Developing solar-powered 5 TPD prototype
  • Testing liquefaction with intermittent renewable input
  • Partnering with DG Fuels on sustainable aviation fuel projects

Read Full Report:
Global Hydrogen Liquefiers Market – View in Detailed Research Report


🌍 Outlook: The Future of Hydrogen Liquefaction

Hydrogen liquefiers are entering a golden age of innovation as the hydrogen economy scales globally. Continuous efficiency improvements and cost reductions will be critical to enabling liquid hydrogen as a mainstream energy carrier.

📈 Market Growth Drivers:

  • 50+ national hydrogen strategies supporting infrastructure
  • Emerging liquid hydrogen trade routes between continents
  • Advancements in cryogenic materials and heat exchangers
  • Standardization of liquid hydrogen handling protocols

The companies profiled above are not merely equipment suppliers – they’re building the physical backbone of tomorrow’s hydrogen economy.

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