Prominent Reasons Behind the Robust Growth of the Global Green Hydrogen Market in the Forecast Period of 2021-26

According to MarkNtel Advisors' research report, "Global Green Hydrogen Market Analysis, 2021," the market is likely to grow at a CAGR of 15.7% in the forecast period of 2021-26. The demand for green hydrogen drives mainly by the growing proliferation of renewable energy sources in numerous end-use industries. Besides, the rapidly increasing use of renewable energy is another crucial factor propelling the surging demand for green hydrogen, resulting in reduced production costs for clean energy. This factor is having a positive effect on the green hydrogen market. Hence, the Global Green Hydrogen Market shall witness robust growth in the forecast years.

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Key questions answered in the study:
1. What are the current and future trends in the Global Green Hydrogen Market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Green Hydrogen Market?
5. What is the customer orientation, purchase behavior, and expectations from the Global Green Hydrogen Market service providers across various regions?

Prime Features of the Research Report:

The prime objective of this report is to help users understand the Market's definition, shares, segmentation, potential, key trends, and growth challenges. The readers will find this report extremely helpful in thoroughly understanding the market insights. The market data & information taken from reliable sources were checked & validated by the industry experts. Following are other inclusions of the Market research report:

• Covid-19 Impact Analysis on the market growth.
• Regional/Country-Level Landscape
• Figures citing sales volume & revenue.
• Assessment of the major industry trends.
• A citation of the prominent companies in the Market

For detailed analysis: https://www.marknteladvisors.com/research-library/global-green-hydrogen-market.html

Europe to Attain the Fastest Growth

The Global Green Hydrogen Market is expanding throughout the world. However, when it comes to the fastest growth, the European region is likely to secure the place in the forecast period. The European Green Hydrogen Market owes its robust pace to leading market players investing massively in the market. The region is concentrated in Germany, Spain, France, the UK, and the Netherlands, owing to government initiatives toward attaining a clean & environment-friendly energy alternative in these countries. Therefore, Europe is likely to contribute to the overall market growth in the forecast period.

According to MarkNtel Advisors, the leading players in the Global Green Hydrogen Market are Linde plc., Air Liquide, Siemens, Air Products & Chemicals, Plug Power, Nel Hydrogen, Green Hydrogen Systems, Solena Group, ERGOSUP, Loop Energy Inc., Bloom Energy.

Market Segmentation:
By Technology
Proton Exchange Membrane Electrolyzer
Alkaline Electrolyzer
Solid Oxide Electrolyzer
Others

By End-User
Power Generation
Automotive
Mining
Food & Beverage
Others
Petrochemicals
Steel
Cement Industries

By Location
Offshore
Onshore

By Region
North America
The US
Canada
South America
Brazil
Europe
The UK
Germany
France
Asia-Pacific
China
South Korea
Japan
The Middle East & Africa

MarkNtel Advisors
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About Us:

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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