Edison, NJ -- (SBWire) -- 03/14/2019 --HTF Market Intelligence released a new research report of 200 pages on title 'Global Hydrogen Generation Market Size study, by Technology (Steam Methane Reforming, Partial Oxidation of Oil, Electrolysis of Water and Coal Gasification), by Application (Petroleum Refinery, Methanol Production, Ammonia Production, Transportation, Power Generation, Other Applications), by Storage (On-Board Hydrogen Storage, Underground Hydrogen Storage and Power-To-Gas Hydrogen Storage), by Generation & Delivery Mode (Captive and Merchant) and Regional Forecasts 2018-2025' with detailed analysis, forecast and strategies. The study covers key regions that includes Asia Pacific, North America, Europe, Latin America and Rest of the World and important players such as Air Liquide , Hydrogenics, Plug Power, Ballard Power Systems Etc.
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Summary
Global Hydrogen Generation Market to reach USD 232.2 billion by 2025.
Global hydrogen generation market is valued approximately USD 158 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 8.0 % over the forecast period 2018-2025. The Hydrogen Generation Market is continuously growing across the world over the coming years.
Major factors driving the hydrogen generation market include the growing demand to decarbonize energy end-use, government regulation for desulphurization of refinery activities, and rising demand for hydrogen as fuel in the transportation sector. Rising demand of alternative fuels to reduce the greenhouse gas emission is augmenting growth to the market. According to U.S. Department of Energy, carbon emission can be reduced by 33% by replacing the fuels consumed by industries with hydrogen. Strict regulations on desulphurization of refinery products are expected to drive the hydrogen generation market. However, established infrastructure for manufacturing electric cars emerges as one of major challenging factor for market growth during the forecast period.
Major market player included in this report are:
Air Liquide , Hydrogenics, Plug Power, Ballard Power Systems, Claind , Hygear, Nuvera Fuel Cells, Proton Onsite , Teledyne Energy Systems, Showa Denko, Praxair
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The regional analysis of global hydrogen generation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rapidly increasing demand of hydrogen fuel. Europe also contributes a satisfactory growth in the global Hydrogen Generation market due to regulations imposed for desulphurization being carried out in refining activities in various refineries. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing demand of decarbonized energy end-users in developing countries such as India China and Japan.
By Technology:
§ Steam Methane Reforming,
§ Partial Oxidation of Oil
§ Electrolysis of Water
§ Coal Gasification
By Application:
§ Petroleum Refinery
§ Methanol Production,
§ Ammonia Production
§ Transportation
§ Power Generation
§ Other Applications
By Storage:
§ On-Board Hydrogen Storage
§ Underground Hydrogen Storage
§ Power-To-Gas Hydrogen Storage
By Generation & Delivery Mode:
Captive, Merchant
By Regions:
- North America (US, Canada, Mexico)
- 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)
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Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Hydrogen Generation Market in Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Hydrogen Generation Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Hydrogen Generation Market Dynamics
Chapter 4. Hydrogen Generation Market Industry Analysis
Chapter 5. Hydrogen Generation Market, by Technology
Chapter 6. Hydrogen Generation Market, by Application
Chapter 7. Hydrogen Generation Market, by Generation & Delivery Mode
Chapter 8. Hydrogen Generation Market, by Storage
....Continued
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Hydrogen Generation Market to Grow with a Healthy Growth Rate of More Than 8.0 % Including Key Players Claind , Hygear, Nuvera Fuel Cells
Hydrogen Generation Market is set to Experience a Revolutionary growth in future