Global Hydrogen Generator Industry 2018, Deep Market Research Report, Analysis, Forecast and Outlook
The forecast Hydrogen Generator Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Hydrogen Generator on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global hydrogen generator market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.
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Rapidly Growing Adoption of Clean-Burning Fuels to Promote the Growth of Hydrogen Generator Market
The rapidly growing adoption of clean-burning fuels is the major factor that drives the growth of the hydrogen generator market. The hydrogen is used as an alternative to the fossil fuels that helps to reduce the emission of carbon. The growing use of hydrogen as alternative fuel led to the approximately 30% reduction in the consumption of conventional fossil fuel. The high demand for low carbon emission gases from the oil and gas, chemical, automotive and others are anticipated to escalate the growth of hydrogen generator market. The rapidly growing adoption of hydrogen the growth of the hydrogen generator market. Moreover, increasing technological advancements, growing government inclination towards fuel cells electric vehicles (FCEV), and the use of hydrogen generators in the food and beverage industries to remove harmful bacteria are the factors projected to create the several opportunities for the hydrogen generator market over the forecast period.
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North America Region Has the Highest Market Share in Hydrogen Generator Market
North America region has the highest market share in the hydrogen generator market in 2017 and is expected to maintain its stronghold over the forecast period. The rising awareness about the clean fuels in the North America region led to the high demand for hydrogen power generation plants that are driving the growth of the hydrogen generator market in this region.
ThalesNano Energy Introduced H-Genie™: Revolutionary Compact, High-Pressure Hydrogen Gas Generation Platform for Chemists
In August 2018, ThalesNano Energy LLC has launched the first in the series of revolutionary new gas generators, the H-Genie™. The H-Genie™ is a compact high-pressure hydrogen generator designed to be used in any laboratory as a safer and simpler alternative to hydrogen cylinders. Capable of generating hydrogen at up to 1 NL/min and 100 bar (1450 psi), the system can help expand chemists’ limited hydrogenation chemistry capability by providing high purity hydrogen gas, on demand from water, to batch and flow reactors.
Neal Langerman, the Principal Scientist at Advanced Chemical Safety, comments: “The presence of cylinders of hydrogen raises the risk level of a lab. While the explosion or fire hazard can be mitigated with a gas cylinder cabinet, this takes precious floor space and does not eliminate the 1300 liters of flammable gas from the indoor location. Using an H-Genie, I can eliminate the stored hydrogen, reduce the explosion/fire risk and free-up floor-space, while meeting all the needs of hydrogen-consuming lab tools. This is a win-win for safety and the lab.
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