Transparency Market Research Reports included a detailed market survey and analysis trends on “Hydrogen Generation Market”.
This report also includes more info about basic overview of the
industry including definitions, applications and global market industry
structure.
Hydrogen gas is a major energy source and is widely used in
various industrial sectors such as petroleum refineries, chemical
processing, automotive fuel, fuel cells, aerospace and many more.
Commercially, hydrogen gas is produced by steam reformation of natural
gas or by partial oxidation of petroleum oil.
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Hydrogen gas can be segmented into captive hydrogen
generation and merchant hydrogen generation. The former involves the
production of hydrogen by a company for self consumption in its business
operations, whereas the latter involves purchase of hydrogen gas as a
commodity. Hydrogen can either be produced on-site or centrally. On-site
(distributed) generation is preferred as it lowers the risk associated
with transportation and delivery of hydrogen.
Methanol,
ammonia and oil refineries are the primary application areas of
hydrogen. The U.S. is the largest producer of merchant hydrogen roughly
accounting for 50% of global production. China is the biggest consumer
of merchant hydrogen, accounting for over 20% of the global consumption.
The high demand in the region can be attributed to the high volume of
ammonia production in the region.
The global market for
hydrogen generation is primarily driven by strict regulatory norms of
desulfurization of petroleum products, decreasing crude oil quality, and
adoption of clean fuel sources. The major challenges faced by the
industry are distribution and transportation of hydrogen and the high
cost of hydrogen compared to fossil fuels. Innovations and large
investment in terms of production methods, distribution, storage, and
transport would provide the market with a growth opportunity. In
addition to this, the increase in adoption of green fuel solutions in
the automobile industry is expected to increase the demand for hydrogen.
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Some of the leading players in this industry include Air
Liquide, Airgas Inc, Airox Nigen Equipments, Hydrogenics Corporation,
Linde AG, Air Products & Chemical Inc, Xebec and Adsorption Inc.
among others.
This research report analyzes this market
depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for the
coming years. It includes analysis of recent developments in technology,
Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro
factors essential for the existing market players and new entrants along
with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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