Dallas, TX -- (SBWIRE) -- 10/12/2011 -- Hydrogen has variety of applications from chemical processing, petroleum recovery and refining, metal production and fabrication, aerospace, and fuel cells. The sector which imposes largest demand for hydrogen is petroleum refinery while automotive is an emerging sector with huge potential in future. Hydrogen can be generated by the company itself which is utilizing it and can also be purchased from hydrogen producers (other company). The later one, called merchant production, has grown by CAGR of 14% during 2005 – 2010, compared with 6.2% CAGR of overall hydrogen production.
From supply chain perspective, hydrogen is either produced centrally or on-site. On-site generation (also known as distributed generation) eliminates number of problems associated with storage and transportation and thus market for on-site generation system is growing significantly. Hydrogen Generation Market research report identifies all market segments of hydrogen generation and related equipments and gives market size estimation in terms of value and volume.
Hydrogen Generation Market – by Merchant and Self Type, Distributed and Centralized, Applications, Technology Trends and Global Forecasts 2011-2016
http://www.marketsandmarkets.com/Market-Reports/hydrogen-generation-market-494.html
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