Hydrogen Generation - Global Market Outlook (2017-2026)
According tStratistics MRC, the Global Hydrogen Generation Market is accounted for $103.20 billion in 2017 and is expected treach $207.48 billion by 2026 growing at a CAGR of 8.1% from 2017 t2026. Factors such as strict government rules tmanage extensive usage of fossil fuels and growing adoption of hydrogen are dominating the market growth. However, factors such as lack of proper distribution & transportation infrastructure are restraining the market growth. Advancements in the hydrogen fuel cell technology is one of the major opportunities for the market.
Hydrogen is among the most lavishly available elements in world and it is present in the environment in a gaseous state, albeit in miniscule concentration - less than one per million by volume. Hydrogen can be produced by electrolyzing water as well. The main raw material used for hydrogen generation is water which makes the production process environment friendly. Hydrogen is completely renewable fuel which can be efficiently manufactured and transformed intelectricity tsatisfy the energy needs. Hydrogen storage can be done in different forms like gaseous, liquid and metal hydrides. Properties like lightweight, high efficiency, easy transportation through pipelines and low boiling point makes hydrogen ideal for industrial use.
Amongst Generation & Delivery Mode, Captive Production segment accounted held significant market share during the forecast period. The captive segment dominated the generation and delivery type due tdemand from petroleum refineries treduce the sulphur content in fuel. In addition, it is alsengaged in various large scale industries such as the chemical, pharmaceutical, metals, fuel cells and IC engines industry. By geography, Asia Pacific is expected tdominate the global market during the forecast period. Robust economic performance, large scale investments in Research and Development (R&D) are predicted taugment market growth in this region.
Some of the key players in Hydrogen Generation market include Xebec Adsorption, Inc., Teledyne Energy Systems, Inc., TaiyNippon Sanso, Showa DenkK.K., Proton Onsite, Praxair, Inc., Nuvera Fuel Cells, LLC, Messer Group GmbH, Linde AG, Iwatani Corporation, Hygear, Hydrogenics Corporation, HY9 Corporation, Erredue S.P.A., Claind S.R.L., Caloric Anlagenbau GmbH, Alumifuel Power Corporation, Ally Hi-Tech Co., Ltd., Air Products and Chemicals, Inc and Air Liquide S.A.
Technologies Covered:
• Steam Methane Reforming
• Partial Oxidation of Oil
• Electrolysis of Water
• Coal Gasification
Generation & Delivery Modes Covered:
• Merchant Production
• Gaseous Production
• Captive Production
• By-Product Production
• Liquid Production
Capacities Covered:
• >2,000 Nm3/H
• 100-2,000 Nm3/H
• <100 Nm3/H
Products Covered:
• On-Site Generation
• Portable
Productions Covered:
• Steam Reforming of Hydrocarbons
• Water
• Polymer Electrolyte Membrane
• Dissociation of Hydrocarbons
• Fossil Fuels
• Electrolysis
• High Temperature
• Alkaline
• Other Productions
End Users Covered:
• Ammonia Production
• Methanol Production
• Petroleum Refinery
• Chemical Processing
• Automotive Fuels
• Metal Processing
• Food Processing
• Pharmaceutical
• Fabrication
• Aerospace
• Fuel Cell
• Other End Users
Regions Covered:
• North America
US
Canada
Mexic
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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