Hydrogen is a combustible gaseous substance that is colorless, odorless, and tasteless. Hydrogen is the most abundant chemical element in the universe. It occurs naturally on Earth, but not in large (0.00005% in atm) enough quantities to be produced cost-competitively. Hydrogen has the ability to store and distribute useable energy; therefore, it needs to be separated from other elements (Hydrocarbons & Water). In order to obtain pure hydrogen for industrial applications, the commonly three processes by which hydrogen is being produced, i.e. Steam methane reforming, Coal gasification & Electrolysis. As raw materials, natural gas and coal-like fossil fuels are used to get hydrogen. But by this process, the harmful gas for environment i.e. CO2 is produced in a large amount.
According to the report title “Global Hydrogen Generation Market Outlook, 2027”, published by Actual Market Research, the market size of the Global Hydrogen Generation Market is expected to grow with a CAGR of around 5.8% in the forecasted year of 2027. Hydrogen is demanded in a variety of industrial applications, petroleum refineries, power generation, DRI, and transportation. The transportation segment has remarkable future demand as the EVs and Hydrogen fuel cell vehicles are entering the roads. Though the current scenario is different and petroleum refineries consume the highest amount of hydrogen followed by ammonia production.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like - Hydrogenics Corp (HYGS), Messer Group GmbH, LNI Swissgas SA, McPhy Energy S.A., Linde Plc, Air Products and Chemicals, Inc., Air Liquide, Ally Hi-Tech Co., Limited, INOX-Air Products Inc., Weldstar, Inc
Aspects covered in this report
- Global Hydrogen Generation Market with its value and forecast along with its segments
- Region & country wise Hydrogen Generation market analysis
- Application wise Hydrogen Generation distribution
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
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An excellent Global Hydrogen Generation Market document has the best market research offerings and the required critical information, whether it is about looking for new product trends or competitive analysis of an existing or emerging market. With this business report, companies can sharpen their competitive edge again and again. The market report has expert insights on global industries, products, company profiles, and market trends.
Conducts Overall the Global Hydrogen Generation Market Market Segmentation:
By Application Type in the report:
- Methanol Production
- Ammonia Production
- Petroleum Refinery
- Transportation
- Power Generation
- Others
By System Type in the report:
By System Type in the report:
By Color Code Type in the report:
- Grey hydrogen
- Blue hydrogen
- Green hydrogen
- Brown hydrogen
By Market
(Overall, North America, Latin America, Europe, Asia Pacific & Middle East- Africa)
By Country
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia)
- Asia-Pacific (China, Japan, India, Australia, South Korea)
- Latin America (Brazil, Argentina, Columbia)
- Middle-East & Africa (UAE, Saudi Arabia, South Africa)
By Company
Hydrogenics Corp (HYGS), Messer Group GmbH, LNI Swissgas SA, McPhy Energy S.A., Linde Plc, Air Products and Chemicals, Inc., Air Liquide, Ally Hi-Tech Co., Limited, INOX-Air Products Inc., Weldstar, Inc
Regions covered in the Global Hydrogen Generation Market market report 2027:
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia)
- Asia-Pacific (China, Japan, India, Australia, South Korea)
- Latin America (Brazil, Argentina, Columbia)
- Middle-East & Africa (UAE, Saudi Arabia, South Africa)
COVID-19 Impact: The Covid-19 pandemic is wreaking havoc on the world's energy system. Although global carbon emission rate was fallen due to lockdown as the transportation and industries were shut down. The y-o-y growth was not met in 2020 as the lack of raw material supply chain & labor. Due to a drop in commercial activity, demand for hydrogen has dropped dramatically in several areas. Various governments, on the other hand, have chosen a variety of measures to improve the global economy, including international collaborations, supplier diversity, new innovation to reduce the need for particular resources, and circular economy techniques.
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Table of Contents
- Executive Summary
- Report Methodology
- Market Structure
3.1. Market Considerate
3.2. Market Definition
- Economic /Demographic Snapshot
- Global Top Natural Gas Producing Countries
…Continue
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