Hydrogen Generation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1201 | Report Format : | Status : Upcoming |


Global Hydrogen Generation Market: Overview

Hydrogen is a chemical element found on the earth, which is clean, efficient, and most versatile in nature with zero emission carrier of energy. It is not present in its molecular form but is available in plenty amounts. It is nonmetallic, colorless, non-toxic, odorless, highly combustible and tasteless diatomic gas. Water is the primary raw material used in the production process of hydrogen generation, which is a very environment-compatible process. It is the most renewable fuel that can be manufactured and transformed into electricity. It can be stored in various forms such as metal hydrides, gaseous, and liquid. It can transform into other energy forms via chemical conversions, catalytic combustion, and hydriding. Hydrogen possesses easy transportation, high efficiency, low boiling point and lightweight making it ideal for industrial use. It is an environment-friendly fuel as it produces pollution-free combustion products.

Global Hydrogen Generation Market: Growth Factors

Rising demand for cleaner fuels is a key factor for the growth of the global market. The decrease in quality of crudes and growth & development in the transportation sector are others factors responsible for the global market growth in future. Stringent regulations are implemented to avoid desulfurization problems while transportation may boost the global hydrogen generation market growth. Demand for distillate fuels and resulting development of the hydrogen fuel cell are anticipated to foster the global market growth in coming years. However, reduced quality of crude increased the importance of hydrogen for processing purposes; this is positively enhancing the global market. Hydrogen is highly flammable in nature; hence, it requires high safety during transportation and absence of appropriate transportation networks causes an increase in transportation costs; this is a major restraining factor of the global hydrogen generation market.

Global Hydrogen Generation Market: Segmentation

The global hydrogen generation market is classified based on generation & delivery mode as gaseous production, merchant production, by-product production, liquid production, and captive production. Based on production, the global market is categorized as polymer electrolyte membrane, steam reforming of hydrocarbons, dissociation of hydrocarbons, water, fossil fuels, high temperature, electrolysis, alkaline, and others. Moreover, on the basis of end-user the global hydrogen generation market is divided as ammonia production, petroleum refining & recovery, methanol production, chemical processing, automotive fuels, and others.

Global Hydrogen Generation Market: Regional Analysis

Asia Pacific is the dominating region across the world as it occupies a major share of hydrogen generation market owing to higher demand for hydrogen in ammonia manufacturing plants and petroleum refineries. In addition, this region is experiencing higher demand for petroleum products from refineries and promising economics, which in turn may boost the global hydrogen generation market. The US is expected to witness significant growth in the near future due to harsh motor vehicle emission guideline. Moreover, growth in the demand for ammonia used as feedstock for urea may influence the global market in a positive way.

Global Hydrogen Generation Market: Competitive Players

Key players in the global hydrogen generation market are Iwatani Corporation, Nuvera Fuel Cells, LLC, Caloric Anlagenbau GmbH, Airgas Inc., and Alumifuel Power Corporation. Other major players in the global market include Hydrogenics Corp., Air Products & Chemicals Inc., Linde AG, Air Liquide SA, and Praxair Inc. 

Global Hydrogen Generation Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Bearing Isolators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2018–2024

Price : $ 3599.00 | Report Code: ZMR-2944 | Report Format:

Bearing Isolators Market: Overview Bearing isolators are the devices which are used in the lubrication process. The bearing isolators not only provide protection from the contaminants but also improve the efficacy and the effectiveness of the machines and also prevent the corrosion and therefor...Read More

Dye Sensitized Solar Cell (DSSC) Market: Global Industrial Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2024

Price : $ 3999.00 | Report Code: ZMR-2903 | Report Format:

Global Dye Sensitized Solar Cell Market: Overview Dye Sensitized Solar Cell (DSSC) is a thin film solar cell which has lower cost compared to the other cells. It is a renewable form of energy and is photoelectrical system where, a semiconductor is formed between photo-sensitized anode and electr...Read More

Bio-Butanol Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Price : $ 3999.00 | Report Code: ZMR-2893 | Report Format:

Global Bio-Butanol Market: Overview Bio-butanol is an alcohol, which is used as an organic solvent or fuel. It is prepared by fermentation of sugar, starch, or cellulose such as wheat, sugar, corn, beet, and wood. With the increasing population, the demand for energy and alternative energy sourc...Read More

Solar Backsheet Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2024

Price : $ 3999.00 | Report Code: ZMR-2877 | Report Format:

Global Solar Backsheet Market: Overview The solar backsheet is basically the outer layer of the PV unit. The PV back sheet is designed to protect or shield the inside components of the unit/module, particularly the electrical components and photovoltaic cells from outer stresses, as well as they...Read More

Arc Flash Protection Market by Equipment (Personal Protective Equipment and Arc Flash Detection & Control System) by End Users (Infrastructure, Utilities, Oil & Gas, and Others): Global Industrial Perspective, Comprehensive Analysis, and Forecast, 2017 – 2023

May-2018 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2842 | Report Format:

The report covers forecast and analysis for the arc flash protection market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2023 based on revenue (USD Billion). The study covers major driving forces and restraints for the arc ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.