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Global Hydrogen Generation Market 2017-2021

Global Hydrogen Generation Market 2017-2021

About Hydrogen Generation

Hydrogen generation market refers to the market where hydrogen is generated using different processes such as steam reforming and electrolysis. The hydrogen generation market can be classified on the basis of product either as an on-site hydrogen generator or as a portable hydrogen generator. The generated hydrogen finds application in multiple industries such as chemical, refineries, metal processing, and transportation.

Technavio’s analysts forecast the global hydrogen generation market to grow at a CAGR of 5.99% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hydrogen generation market for 2017-2021. To calculate the market size, the report considers the new sales in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Hydrogen Generation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Air Liquide
  • Air Products and Chemicals
  • Hydrogenics
  • Messer Group
  • The Linde Group
Other prominent vendors
  • ALLY HI-TECH
  • CALORIC
  • CLAIND
  • ErreDue
  • Heliocentris Group
  • HYGEAR
  • Iwatani
  • Mahler AGS
  • McPhy Energy
  • NUVERA FUEL CELLS
  • PARKER HANNIFIN
  • Praxair Technology
  • ProtonOnsite
  • SHOWA DENKO K.K.
  • TAIYO NIPPON SANSO
  • Teledyne Technologies
  • XEBEC
Market driver
  • Growing demand for fertilizers
  • For a full, detailed list, view our report
Market challenge
  • Changes in government policies and regulations
  • For a full, detailed list, view our report
Market trend
  • Development of carbon capture technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Hydrogen Generation Market 2017-2021

Technavio recognizes the following companies as the key players in the global hydrogen generation market: Air Liquide, Air Products and Chemicals, Hydrogenics, Messer Group, and The Linde Group

Other Prominent Vendors in the market are: ALLY HI-TECH, CALORIC, CLAIND, ErreDue, Heliocentris Group, HYGEAR, Iwatani, Mahler AGS, McPhy Energy, NUVERA FUEL CELLS, PARKER HANNIFIN, Praxair Technology, ProtonOnsite, SHOWA DENKO K.K., TAIYO NIPPON SANSO, Teledyne Technologies, and XEBEC.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of carbon capture technologies. Globally, majority of hydrogen is produced from fossil fuels. The future production of hydrogen would come from the reforming of natural gas and electrolysis powered by a grid mix inclusive of coal-fired power plants. The production of hydrogen from fossil fuels will lead to the production of carbon dioxide (CO₂) as a by-product.”

According to the report, one of the major drivers for this market is Growing demand for fertilizers. With the rise in population, the demand for food is also expected to follow suit. By 2025, the demand for food is expected to double. Intensive farming and protective cropping methods would be required to meet this growing demand; however, environmental fluctuations can have a negative impact on most agricultural systems. Less than a billion population is still living under persistent hunger conditions. For the nutrient management of the global population, there will be continuous increment in agricultural production.

Further, the report states that one of the major factors hindering the growth of this market is Changes in government policies and regulations. The hydrogen and fuel cell industry is at a development phase and is not being regulated by industry-specific government regulations on matters related to storage, design, transportation, and installation of fuel cell systems and hydrogen infrastructure products in Canada, the EU, the US, as well as other jurisdictions. The production of electricity is also a typical area where specific government regulations play a significant role. There are new technologies being developed where hydrogen will be used for storing electricity in renewable electricity generation. As of now, there are no industry-specific regulations for fuel cell vehicles. However, with future growth prospects, the hydrogen generation market is expected to encounter specific government regulations in operating markets.

Companies Mentioned

Air Liquide, Air Products and Chemicals, Hydrogenics, Messer Group, The Linde Group, ALLY HI-TECH, CALORIC, CLAIND, ErreDue, Heliocentris Group, HYGEAR, Iwatani, Mahler AGS, McPhy Energy, NUVERA FUEL CELLS, PARKER HANNIFIN, Praxair Technology, ProtonOnsite, SHOWA DENKO K.K., TAIYO NIPPON SANSO, Teledyne Technologies, and XEBEC.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Hydrogen market overview
  • Market landscape
    • Market overview
      • Table Global hydrogen generation market
    • Market size and forecast
      • Table Global hydrogen generation market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global hydrogen generation market by application
      • Table Global hydrogen generation market by application 2016 and 2021 (%)
      • Table Global hydrogen generation market by application 2016-2021 ($ billions)
    • Global hydrogen generation market by chemical industry
      • Table Global hydrogen generation market by chemical industry 2016-2021 ($ billions)
    • Global hydrogen generation market by refinery industry
      • Table Global hydrogen generation market by refinery Industry 2016-2021 ($ billions)
      • Table Global refinery throughput 2012-2016 (Base year 2012=100)
    • Global hydrogen generation market by metal processing industry
      • Table Global hydrogen generation market by metal processing industry 2016-2021 ($billions)
  • Geographical segmentation
    • Global hydrogen generation market by geography
      • Table Global hydrogen generation market by geography 2016 and 2021 (%)
      • Table Global hydrogen generation market by geography 2016-2021 ($ billions)
    • Hydrogen generation market in APAC
      • Table Hydrogen generation market in APAC 2016-2021 ($ billions)
      • Table Vegetable oil projections APAC 2016-2025 (%)
    • Hydrogen generation market in EMEA
      • Table Hydrogen generation market in EMEA 2016-2021 ($ billions)
    • Hydrogen generation market in the Americas
      • Table Hydrogen generation market in the Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market driver
      • Table Indexed global crude steel production, 2009-2016
    • Market challenges
      • Table Natural gas fueling stations in comparison to EV charging stations 2016 (no. of stations)
  • Market trends
    • Reduction in fuel cell prices
      • Table Modeled cost of an PEM fuel cell system 2006-2020
    • Development of carbon capture technologies
    • Government incentives for FCVs
      • Table Key incentives for fuel cell products in various countries
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • Air Liquide
      • Table Air Liquide: Key products
      • Table Air Liquide: Key developments
    • Air Products and Chemicals
      • Table Air Products and Chemicals: Key product offerings
      • Table Air Products and Chemicals: Key developments
    • Hydrogenics
      • Table Hydrogenics: Key product offerings
      • Table Hydrogenics: Key news
    • Messer Group
      • Table Messer Group: Key product offerings
    • The Linde Group
      • Table The Linde Group: Key product offerings
      • Table The Linde Group: Key developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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