Global Hydrogen Generation Market Size, Share & Trends Analysis Report, 2018-2025 - ResearchAndMarkets.com
The "Hydrogen
Generation Market Size, Share & Trends Analysis Report By Application
(Coal Gasification, Steam Methane Reforming), By Technology, By System
(Merchant, Captive), And Segment Forecasts, 2018 - 2025" report
has been added to ResearchAndMarkets.com's offering.
The global hydrogen generation market size is predicted to be valued at
USD 180.2 billion by 2025
It is expected to expand at a CAGR of 5.8% over the forecast period.
Rising demand for renewable sources of energy and safe fuels is
projected to boost market growth.
Increasing adoption of hydrogen and awareness toward importance of
energy conservation are expected to boost the global market for hydrogen
generation by 2025. Rising efforts to shift focus from fossil fuels to
renewable fuels is expected to further propel market expansion. Numerous
countries are introducing stringent regulations to significantly reduce
indiscriminate use of conventional fuels responsible for excessive
greenhouse gas emissions.
Hydrogen is among the most abundantly available elements on earth and it
plays an important role in agriculture, fertilizer and chemical
manufacturing, and pharmaceutical production among others. Over the next
two decades, hydrogen is expected to be on par with electricity as an
effective energy carrier. It is safely derived from renewable sources of
energy and is effective in reducing emissions.
The merchant segment includes both small and large dealers, wholesalers,
and companies deriving hydrogen as an excess byproduct. In terms of
volume, captive hydrogen is the fastest growing segment with a CAGR of
9.2%. Captive is defined as on-site hydrogen generation, which
eliminates numerous problems linked to conveyance and distribution of
hydrogen. Therefore, the market is expected to grow substantially in
future.
In terms of application, the steam methane reforming segment accounted
for 68.8% of the global hydrogen generation market volume in 2016. In
this method, methane containing raw material like natural gas is heated
at a temperature between 700C to 1,000C, which produces hydrogen as a
by-product. The coal gasification technology segment is anticipated to
expand at a steady CAGR over the forecast period. Gasification of coal
is one of the processes applied to produce liquid fuels, power,
hydrogen, and chemicals.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Hydrogen Generation Market Variables, Trends & Scope
Chapter 4 Hydrogen Generation Market: Application Estimates & Trend
Analysis
Chapter 5 Hydrogen Generation Market: System Type Estimates & Trend
Analysis
Chapter 6 Hydrogen Generation Market: Technology Estimates & Trend
Analysis
Chapter 7 Hydrogen Generation Market: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
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Praxair, Inc.
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Air Liquide S.A.
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Air Products and Chemicals, Inc.
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INOX Air Products Ltd.
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Airgas, Inc.
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Iwatani Corporation
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Hydrogenics Corporation
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Linde AG
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Messer Group GmbH
For more information about this report visit https://www.researchandmarkets.com/research/6qwdhj/global_hydrogen?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180821005349/en/
Copyright Business Wire 2018
Source: Business Wire
(August 21, 2018 - 7:24 AM EDT)
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