How big is the pink hydrogen market | Manufacturers 2025

Code: MTA7930 Publication Date: Aug 2025

How big is the pink hydrogen market?

According to 6Wresearch internal database and industry insights, the Global Pink Hydrogen Market was valued at USD 2.7 Billion in 2024 and is expected to reach USD 5.2 Billion by 2031, growing at a compound annual growth rate of 6.50% during the forecast period of 2025 to 2031.

The market growth is driven by rising investments in clean energy, government support for decarbonization, and the use of nuclear-powered electrolysis for stable hydrogen production. Growing emphasis on achieving net-zero emissions and the role of hydrogen in energy transition are significantly boosting the adoption of pink hydrogen.

Key Growth Drivers of the Pink Hydrogen Market

  • Good government incentive and policy in the use of clean hydrogen
  • More attention on decarbonization of sectors that are particularly difficult to abate, including steel and chemicals
  • Stable production of hydrogen through nuclear-powered-electrolysis that can guarantee reliable supply
  • Increasing pressure to replace low-carbon fuel sources to get to net-zero targets
  • Security sensitivities to energy leading to the investments in domestic hydrogen production running

Pink Hydrogen Market Trends

The pink hydrogen market is witnessing trends such as strategic collaborations between nuclear power operators and hydrogen technology providers, integration of hydrogen into national energy transition roadmaps, and growing pilot projects across Europe, North America, and Asia. There is also development improvement in high-efficiency electrolysis technology in the market, which facilitated the reduction in costs of production. Also, governments are starting to tie their pink hydrogen projects to their green hydrogen plans resulting in a diverse hydrogen ecosystem.

Emerging Developments in the Pink Hydrogen Market

The pink hydrogen market is experiencing developments like demonstration projects combining nuclear reactors with large-scale electrolyzers, public–private partnerships for commercial deployment, and new funding mechanisms to accelerate hydrogen hubs. Moreover, the growing involvement of energy major companies and nuclear operators in hydrogen supply chain is accelerating commercialization

List of Leading Companies in the Pink Hydrogen Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. EDF Group

Company NameEDF Group
Establishment Year1946
HeadquarterParis, France
Official WebsiteClick Here

EDF is advancing nuclear-powered hydrogen production projects, focusing on integrating pink hydrogen into clean energy systems to support decarbonization across industries and transport sectors.

2. Fortum

Company NameFortum
Establishment Year1998
HeadquarterEspoo, Finland
Official WebsiteClick Here

Fortum leverages nuclear energy expertise to explore pink hydrogen development, aiming to provide sustainable fuel solutions for industrial applications and support Europe’s carbon-neutral energy goals.

3. Rosatom

Company NameRosatom
Establishment Year2007
HeadquarterMoscow, Russia
Official WebsiteClick Here

Rosatom is developing nuclear-driven hydrogen production technologies, promoting pink hydrogen as a key solution for cleaner energy and supporting global low-carbon transition initiatives.

4. Engie SA

Company NameEngie SA
Establishment Year2008
HeadquarterParis, France
Official WebsiteClick Here

Engie is investing in hydrogen innovation, exploring nuclear-based hydrogen projects to complement its renewable and low-carbon energy portfolio for industrial and mobility applications worldwide.

5. Hydro-Quebec

Company NameHydro-Quebec
Establishment Year1944
HeadquarterMontreal, Canada
Official WebsiteClick Here

Hydro-Quebec is researching nuclear-hydrogen synergies, including pink hydrogen production, to diversify clean energy solutions and reinforce its leadership in sustainable hydrogen ecosystems globally.

6. Westinghouse Electric Company

Company NameWestinghouse Electric Company
Establishment Year1886
HeadquarterCranberry Township, Pennsylvania, USA
Official WebsiteClick Here

Westinghouse is advancing nuclear-based hydrogen production technologies, focusing on innovative electrolysis processes to deliver efficient and scalable pink hydrogen for industrial decarbonization.

7. Kernkraftwerk Gosgen-Daniken AG (KKG)

Company NameKernkraftwerk Gosgen-Daniken AG (KKG)
Establishment Year1979
HeadquarterDaniken, Switzerland
Official WebsiteClick Here

KKG participates in pilot projects for nuclear-to-hydrogen pathways, investigating the feasibility of pink hydrogen production for energy storage, mobility, and sustainable fuel applications.

8. General Electric (GE Hitachi Nuclear Energy)

Company NameGE Hitachi Nuclear Energy
Establishment Year2007 (as JV)
HeadquarterWilmington, North Carolina, USA
Official Website-

GE Hitachi Nuclear Energy develops advanced nuclear reactor technologies that can support efficient pink hydrogen production, strengthening the role of nuclear power in clean energy transitions.

9. AREVA H2Gen (now part of Genvia)

Company NameAREVA H2Gen (now part of Genvia)
Establishment Year2014
HeadquarterParis, France
Official WebsiteClick Here

AREVA H2Gen specializes in advanced electrolysis technologies, with projects integrating nuclear power to develop scalable pink hydrogen solutions for industry and energy markets.

10. China National Nuclear Corporation (CNNC)

Company NameChina National Nuclear Corporation (CNNC)
Establishment Year1955
HeadquarterBeijing, China
Official WebsiteClick Here

CNNC is actively researching hydrogen production through nuclear energy, promoting pink hydrogen as part of China long-term low-carbon and clean fuel strategy for industry and transport.

How big is the pink hydrogen market: FAQs

It was valued at USD 2.7 Billion in 2024 and is projected to reach USD 5.2 Billion by 2031.
The pink hydrogen market is expected to grow at a CAGR of 6.50% from 2025 to 2031.
Government support, decarbonization goals, and stable nuclear-powered hydrogen generation.
Nuclear-hydrogen partnerships, national hydrogen roadmaps, and advanced electrolysis.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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