Press release
Hydrogen as a Chemical Constituent and as an Energy Source Market and Key Players: AMMINEX A/S, ANDEAVOR, BLOOM ENERGY CORP, BP PLC, CERAMATEC, CHEVRON, H2SCAN, HALDOR TOPSOE A/S, HCE LLC, HTC PURENERGY, HY9 CORP.

hydrogen market, hydrogen market research, hydrogen market forecast, hydrogen market size, hydrogen market share
The largest energy-related application of hydrogen is in refining. The market drivers of petroleum processing demand for hydrogen are fuel emission standards, the increasing proportion of low-quality heavy sour crudes and growing demand for low sulfur diesel.
Market key players are:
ACCIONA SA
ADVANCED MATERIALS CORP.
AEROJET ROCKETDYNE HOLDINGS INC.
AIRGAS INC.
L’AIR LIQUIDE SA
BLOOM ENERGY CORP.
BP PLC
CERAMATEC
CHEVRON
CONOCOPHILLIPS COMPANY
DEER PARK REFINING LTD. PARTNERSHIP
DIVERSIFIED ENERGY CORP.
ECD OVONICS
H2SCAN
HALDOR TOPSOE A/S
HCE LLC
HTC PURENERGY
HY9 CORP.
HYDROGENICS CORP.
HYUNDAI MOTORS
HYTHANE CO.
INNOVATEK INC.
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In addition, hydrogen can be burned as a fuel to perform work directly, or it can be converted into electricity using a fuel cell. At present, transportation applications consume a negligible portion of the world’s hydrogen production. As of the end of 2017, there were only about 6,500 fuel cell vehicles (FCVs) in the world, with half of them in California. Projections vary, but the most realistic projections peg the number of FCVs on the road at around 70,000 in 2023, which could consume a total of 10,000 tons of hydrogen per year.
Hydrogen is also an important chemical intermediate. Production pathways can be direct, such as via methane steam reforming or electrolysis, or indirect, for example, as a byproduct of chlorine and caustic soda production. Demand for hydrogen in ammonia production is the second-largest segment of the market after refining, followed by methanol production.
Table of Content:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Chapter 4 Current Status of the Industry
Chapter 5 Hydrogen Production Processes
Chapter 6 Hydrogen Delivery Modes
Chapter 7 Hydrogen and the Global Syngas Business
Chapter 8 Global Hydrogen Markets
Chapter 9 Hydrogen in Petroleum Processing
Chapter 10 Other Hydrogen Energy Applications
Chapter 11 Hydrogen as Energy for Mobile Applications
Chapter 12 Hydrogen as a Chemical Intermediate
Chapter 13 Patent Analysis
Chapter 14 Company Profiles
List of Table:
U.S. Market for Hydrogen Feedstock, Through 2023
Hydrogen Production Feedstocks
Global Production of Merchant Hydrogen, by Country/Region, Through 2023
Global Hydrogen Demand for Refinery Processing Operations, by Region, Through 2023
U.S. Department of Energy Targets for Onboard Hydrogen Storage Systems, 2020 and 2025
List of Figure:
U.S. Market for Hydrogen Feedstock, 2017-2023
U.S. Department of Energy Hydrogen and Fuel Cell Funding, Fiscal Years 2004-2016
Global Hydrogen Production Trends, 2017-2023
United States Merchant Hydrogen Production, 2017-2023
Fuel Cell Principles
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