Press release
Green Hydrogen Market Size, Outlook, Analysis Report, Regional Outlook With Forecast 2026
Green Hydrogen MarketHydrogen can be produced by an array of methods. Currently, hydrogen is mainly obtained as a by-product of oil and gas, and chemical and petrochemical industries. The rise in awareness about controlling the toxic emissions during the burning of coal to mitigate climate change damage has driven the need to implement and adopt clean energy technologies. Many favorable government initiatives for environmental concerns and mandating strict regulations bolster market growth. The share of renewables in meeting global energy demand is anticipated to grow by one-fifth in the next five years to reach 12.4% in 2023.
The Major Players Covered in this Report:
BASF SE
Arkema Group
BiologiQ Inc
Dongguan Xinhai Environmental-Friendly Material Co., Ltd
Mitsubishi Chemical corporation
Toray Industries Inc.
Vertec Biosolvents, Inc.
Ecovia Renewables, Inc.
Koninklijke DSM N.V.
GFBiochemicals Ltd.
Plantic Technologies Limited
Total Corbion PLA
Secos Group Ltd.
USG Corporation
Get a Sample PDF Report:
https://straitsresearch.com/report/Green-Hydrogen-market/request-sample
By Material
Bio-Polymers
Bio-Organic Acids
Bio-Alcohols
Bio-Ketones
By Application
Construction
Food and Beverages
Personal Care
Packaging
Automotive
Agriculture
Textiles
Renewables will have the fastest growth in the electricity sector, and it will provide for almost 30% of power demand in the year 2023, which will see a spike from 24% in 2017. Renewable energy sources, such as wind and solar, are becoming increasingly important. During this period, renewables are estimated to meet more than 70% of global electricity generation growth. It would mostly be led by solar PV and followed by hydropower wind, and bioenergy. The impact of the transition toward renewable energy sources has become more evident considering the amount of energy consumption expected in 2050. According to IEA, there is scope for a sevenfold increase in consumption as compared to today, with worldwide in total more than 40,000TWh is expected to come from renewables.
Regional Analysis For Green Hydrogen Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Green Hydrogen are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
The study objectives of this report are:
To study and forecast the market size of the Green Hydrogen in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players
For More Details On this Report:
https://straitsresearch.com/report/Green-Hydrogen-market
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Email: sales@straitsresearch.com
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About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs. Moreover, we're continually developing, not only with regards to where we measure, or who we measure but in how our visions can enable you to drive cost-effective growth.
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