United States Pink Hydrogen Market Size, Share, And COVID-19 Impact Analysis by Process (PEM Electrolysis, Alkaline Electrolysis, and Solid Oxide Electrolysis), By Condition (Refinery, Ammonia, Methanol, Steel Production, Transport, and Others), and United States Pink Hydrogen Market Insights, Industry Trend, Forecasts To 2035

United States Pink Hydrogen Market Insights Forecasts to 2035  

• The United States Pink Hydrogen Market Size Was Estimated at USD 9.55 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 32.02% from 2025 to 2035
• The United States Pink Hydrogen Market Size is Expected to Reach USD 202.83 Billion by 2035

The United States Pink Hydrogen Market Size is anticipated to reach USD 202.83 Billion by 2035,Growing at a CAGR of 32.02% from 2025 to 2035

Market Overview

Pink hydrogen refers to hydrogen produced through the process of electrolysis operated by nuclear power. In this method, the electricity generated from atomic power plants is used to divide water into hydrogen and oxygen, making a carbon-free source of hydrogen. Unlike gray hydrogen, which originates from fossil fuels, or green hydrogen, which depends on renewable energy, pink hydrogen takes advantage of nuclear power as a consistent and large-scale power source, which makes it highly reliable for constant hydrogen production. Pink is drawing attention as a strategic solution for hydrogen decarbonization, especially in energy-intensive areas such as heavy industries, transport, and power generation. Its primary advantage lies in the ability to provide a steady, low-carbon hydrogen supply without challenges related to renewable energy. In addition, as governments and industries push towards pure-zero goals, pink hydrogen can play an important role in reducing energy inflation by combining the strength of nuclear power and hydrogen technologies. Major commercial benefits typically include increased energy security, low carbon footprints, and scalability for industrial applications. However, the adoption of the market depends on regulatory support, public acceptance of nuclear power, and significant investment in infrastructure and technology development.

Report Coverage

This research report categorizes the United States pink hydrogen market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States pink hydrogen market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States pink hydrogen market.  

Driving Factor 

The United States pink hydrogen market is driven by the growing demand for clean energy solutions, government initiatives to achieve pure-zero emissions, and the reliability of nuclear power as a constant energy source. Increased investment in hydrogen infrastructure, growing industrial adoptions for increasing investment in heavy industries and transportation, increasing market, and accelerating opportunities

Restraining Factor

The United States pink hydrogen market faces restraints due to High production and infrastructure costs, public concerns about nuclear security, and strict regulatory structures. Limited awareness and slow policy adoption also obstruct mass deployment in industries, prohibiting rapid commercialization.

Market Segmentation  

The United States pink hydrogen market share is classified into process and end-use.

• The alkaline electrolysis segment accounted for a significant share in 2024 and is anticipated to grow at the fastest CAGR during the forecast period.

The United States pink hydrogen market is segmented by process into PEM electrolysis, alkaline electrolysis, and solid oxide electrolysis. Among these, the alkaline electrolysis segment accounted for a significant share in 2024 and is anticipated to grow at the fastest CAGR during the forecast period. This is due to its proven reliability, low capital costs, and long-standing commercial use. Alkaline electrolysis has emerged as a fundamental technique in the United States clean hydrogen production, especially for atomic-acquired projects where operating stability and cost-effectiveness are important.

• The refinery segment led the market with the largest revenue share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The United States pink hydrogen market is segmented by end-use into refinery, ammonia, methanol, steel production, transport, and others. Among these, the refinery segment led the market with the largest revenue share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. This is due to increasing shift toward decarbonizing hydrogen use, particularly in hydrogen-intensive operations such as hydrocracking, hydrotreating, and desulfurization.

Competitive Analysis

The report offers the appropriate analysis of the key organizations/companies involved within the United States pink hydrogen market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies 

• Air Products & Chemicals
• Exelon Corporation
• Constellation Energy
• SGH2 Energy
• Linde plc
• Bloom Energy
• Westinghouse Electric Company
• Plug Power Inc.
• Others

Recent Development

• In February 2024, Constellation Energy, a major US nuclear power operator, has inaugurated the country's first pink hydrogen production trial at its Nine Mile Point nuclear reactor in New York.  The project, which has received financing from the United States Department of Energy, uses a low-temperature PEM electrolyzer to convert nuclear-generated electricity into pure hydrogen.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment 

This study forecasts revenue at the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United States pink hydrogen market based on the following segments: 

United States Pink Hydrogen Market, By Process

• PEM Electrolysis
• Alkaline Electrolysis
• Solid Oxide Electrolysis

United States Pink Hydrogen Market, By End-Use

• Refinery
• Ammonia
• Methanol
• Steel Production
• Transport
• Others