Press release
Comprehensive Study on Hydrogen Generation Market by top leading key players like Hydrogenics, Praxair Technology,Nuvera Fuel Cells
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1107
Growing demand for petroleum products from developing countries is anticipated to drive the hydrogen generation market size in the coming years. Hydrogen is used in various refining processes including hydrocracking and hydrodesulfurization to crack bigger molecules into lighter ones and converted into more usable products.
Strong investment for the expansion and upgrade of refineries to fulfill emission and sulfur content regulation will stimulate the hydrogen generation market size growth. Increasing heavy crude oil consumption demand will complement the industry landscape. Positive outlook towards the chemical industry including ammonia and methanol will positively influence growth.
Hydrogen generation market demand from the steam reformer process is predicted to witness growth at over 5% CAGR during the forecast period owing to low prices and easy availability of natural gas. In the steam methane reforming process, methane reacts with steam in the presence of catalyst under 3 bar to 25 bar pressure to produce H2, CO2 and CO.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1107
Global Hydrogen Generation Market by Process
• Steam Reformer
• Electrolysis
Global Hydrogen Generation Market by Application
• Petroleum Refinery
• Chemical
• Metal
Key insights from the report include:
• U.S. hydrogen generation market share contributed over 70% of the regional revenue in 2015. Shifting trends towards renewable resources from conventional resources to reduce carbon emission will positively influence the business growth. Increasing ammonia production owing to presence of abundant natural gas reserves will further drive the industry.
• Captive hydrogen generation market share is expected to witness significant growth on account of increasing demand from refinery and petrochemical industry to process residue.
• Chemical applications are expected to exceed USD 95 billion by 2024. Increasing ammonia demand from the fertilizer industry will stimulate the industry growth. Rising crop prices and favorable weather conditions are expected to augment fertilizer demand.
• China hydrogen generation market share accounted for over 35% of the Asia Pacific industry in 2015 and is predicted to witness substantial growth during the forecast period, largely due to escalating urea demand.
• Venezuela was valued at over USD 1 billion in 2015. Expansion and re-innovation of refinery existing facilities may stimulate future business growth.
• Companies operating in the hydrogen generation industry include Nuvera Fuel Cells, Messer Group, Taiyo Nippon Sanso Corporation, Showa Denko, Caloric Anlagenbau, Xebec Adsorption, Iwatani Corporation, Praxair Technology, Hydrogenics, Linde, Air Liquide, and Air Products and Chemicals.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/hydrogen-generation-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Comprehensive Study on Hydrogen Generation Market by top leading key players like Hydrogenics, Praxair Technology,Nuvera Fuel Cells here
News-ID: 1582592 • Views: …
More Releases from Global Market Insights, Inc.,
Biotechnology Market Trends 2021-2025 | Abbott Laboratories, Agilent Technologie …
Biotechnology Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Growing occurrence of chronic ailments such as heart disease, cancer, diabetes, asthma, and stroke is a major factor driving the growth of the biotechnology market. Biotechnology helps enhance the…
Magnetic Beads Market Forecast Report 2027: Thermofisher, Merck, Bangs Laborator …
Magnetic Beads Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
With significant expansion of proteomics and genomics research coupled with increasing adoption of immunoprecipitation technique, global magnetic beads market is estimated to witness tremendous growth over the coming…
Healthcare Cloud Computing Market Study 2021-2027 | Cisco Systems, Amazon, Allsc …
Cloud computing technology has already expanded its reach across almost every industrial vertical due to the growing need of effectively managing large volumes of data. Healthcare industry is no exception in this regard. Healthcare institutions are increasingly adopting cloud technologies to facilitate the optimization of various processes in the healthcare ecosystem. This is anticipated to provide major impetus to healthcare cloud computing market over forthcoming years.
Request for a sample copy…
High Tibial Osteotomy (HTO) Plates Market Trends 2021 | Zimmer Biomet, Smith & N …
High Tibial Osteotomy (HTO) Plates Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
With cases of bone-related disorders mounting worldwide, especially among geriatric patients, it is estimated that the high tibial osteotomy (HTO) plates industry may log lucrative…
More Releases for Hydrogen
White Natural Hydrogen Market Growth 2025-2032 | Clean & Renewable Hydrogen Sour …
New York, U.S. - Worldwide Market Reports unveils its latest evaluation of the White Natural Hydrogen Market, highlighting the growing interest in naturally occurring, untapped hydrogen resources that can support decarbonization initiatives and supplement green and blue hydrogen production. Increasing exploration in geological formations, coupled with rising demand for low-carbon energy carriers, is driving adoption across industrial, energy, and mobility sectors. Near-term growth is expected from subsurface hydrogen reservoirs, renewable…
Hydrogen Electrolyzer Market, Fueling the Green Hydrogen Revolution Worldwide
Overview of the Market
The hydrogen electrolyzer market is rapidly transforming into a cornerstone of the global clean energy transition, driven by increasing investments in sustainable technologies and government-led decarbonization efforts. A hydrogen electrolyzer is a device that splits water into hydrogen and oxygen using electricity, enabling the generation of green hydrogen when powered by renewable sources. This exponential rise is attributed to the surging demand for clean fuels, rising…
Hydrogen economy: hydrogen as an energy carrier is changing companies
The energy transition and climate protection have put the focus on a sustainable energy supply. Hydrogen is considered one of the most important energy sources of the future and plays a key role in the decarbonization of industry. Investments in the hydrogen economy are increasing worldwide. Germany is also increasingly focusing on promoting this technology.
But what impact will this have on companies, the labor market and the competitiveness of Germany…
Hydrogen Generator Market Growth: Powering the Green Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand for…
Hydrogen Generation Market Clean Energy Transition and Green Hydrogen Innovation …
On March 31, 2025, Exactitude Consultancy., Ltd. announces the release of the report "Global Hydrogen Generation Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034". The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across…
Hydrogen Generator Market Dynamics: Trends Shaping the Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand for…
