Hydrogen Generation Market 2018- Recent Study Including Growth Factors, Applications, Regional Analysis, Key Players(Showa Denko K.K. ,Ally Hi-Tech Co., Ltd. Alumifuel Power Corporation ,Caloric Anlagenbau GmbH , Claind S.R.L, Erredue S.P.A.) and Forecast

Publisher projects that the Hydrogen Generation market size will grow from USD 115.01 Billion in 2017 to USD 164.26 Billion by 2023, at an estimated CAGR of 6.12%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

This growth is attributed to government regulations for the desulfurization of petroleum products and a rising demand for hydrogen as a transportation fuel.The captive segment dominated the generation and delivery type market owing to demand from petroleum refineries to reduce the sulfur content in fuel. The captive generation type segment is also employed in many large scale industries such as the chemical, pharmaceutical, metals, fuel cells, and IC engines industry. Based on technology, the hydrogen generation market is segmented into steam methane reforming, partial oxidation of oil, gasification of coal, and electrolysis of water. The steam methane reforming segment is the largest segment of the hydrogen generation market owing to the easy availability of raw material, i.e., methane, and the cost-effective nature of the process. 

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Top Market Players:
• Air Liquide S.A. , 
• Air Products and Chemicals, Inc , 
• Iwatani Corporation , 
• Hydrogenics Corporation , 
• Linde AG , 
• Praxair, Inc. ,
• Messer Group GmbH , 
• Showa Denko K.K. , 
• Ally Hi-Tech Co., Ltd. , 
• Alumifuel Power Corporation , 
• Caloric Anlagenbau GmbH , 
• Claind S.R.L. , 
• Erredue S.P.A. ,
• HY9 Corporation , 
• Hygear , 
• Nuvera Fuel Cells, LLC , 
• Proton Onsite , 
• Taiyo Nippon Sanso , 
• Teledyne Energy Systems, Inc. , 
• Xebec Adsorption, Inc. 

By Technology:
• Steam Methane Reforming , 
• Partial Oxidation of Oil , 
• Coal Gasification , 
• Electrolysis of Water , 
• Hydrogen Generation Market Overview 

By Application:
• Petroleum Refinery , 
• Ammonia Production , 
• Methanol Production , 
• Other Applications, 

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