China high-purity hydrogen CUR keeps falling on higher growth in capacity than demand

Source: Mysteel Nov 05, 2025 14:13

China's high-purity hydrogen capacity maintaining the rapid growth in 2025, yet the demand just showed a slow increase, continuously dragging down the industry's capacity utilization rate (CUR). 2021-2025 China High-purity Hydrogen Capacity Trend (Unit: '000 t/y) Source: OilChem OilChem's data shows that from 2021 to 2025, China's high-purity hydrogen capacity increased from