Global Green Hydrogen Market Size, Trends, Growth and Regional Demand Analysis
The Global Green Hydrogen Market is expected to grow at around 15.7% CAGR during 2021-26. The research report also cites the prominent market drivers, growth opportunities, potential challenges, and key trends.
Based on the End-Users, the Global Green Hydrogen Market segment into Power Generation, Automotive, Mining, Food & Beverage, Others (Petrochemicals, Steel and Cement Industries). Of all, the Automotive segment dominates the market due to its rapidly growing need for eco-friendly & zero-emission vehicles. It is an initiative keeping in mind to meet the specific environment-related norms & regulations across regions. Furthermore, Automakers are actively looking forward to alternative fuels to comply with the global carbon reduction policies. For this, automakers are speedily working on the growing production and use of green hydrogen fuel-friendly vehicles. Hence, the segment is likely to attain the fastest market growth in the forecast years.
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Impact of Covid-19 on the Global Green Hydrogen Market
1. In 2020, the COVID-19 pandemic severely impacted the progress of the green hydrogen market as the investments planned by the stakeholders were temporarily put on hold or canceled.
2. The shutdown of the businesses due to lockdowns and curfews also negatively impacted the market growth.
3. Further, the global crisis led to restrictions on transportation activities, which, in turn, adversely affected the automobile industry, where Green Hydrogen is highly used.
4. In addition, a decline in the production & sales in the automobile sector also negatively influenced the overall market growth.
5. However, with the resumption of business activities and the rollout of vaccines, green hydrogen as a renewable energy source has witnessed increased production.
Unique Features of the Research Report:
This report intends to help users understand the Global Green Hydrogen Market's size, shares, dynamics, segments, potential, key trends, and outlook to 2026. The readers will find this report extremely helpful in understanding the market insights taken from reliable sources and were checked & validated thoroughly by research experts. Cited below are some other key inclusions of the Global Green Hydrogen Market research report:
• Covid-19 Impact Analysis
• Regional/Country-Level Landscape
• Sales Volume & Revenue
• Major Trends in the Industry
• Recent developments by the key Competitors
• Key Product/Service Offerings
• SWOT Analysis
• Porter’s Five Forces Model
• Risk Analysis
• Strategic Performance Indicators
Browse Full Report with detailed TOC: https://www.marknteladvisors.com/research-library/global-green-hydrogen-market.html
The report encompasses the key market players including Company Profile, Production Capacity/Sales, Product/Service Specifications, Revenue, Price and Gross Margin Sales with a comprehensive analysis of the market's competitive structure and extensive information of factors that will challenge the growth of major market players. The following players are covered in the report:
1. Linde plc.
2. Air Liquide
4. Air Products & Chemicals
5. Plug Power
6. Nel Hydrogen
7. Green Hydrogen Systems
8. Solena Group
10. Loop Energy Inc.
11. Bloom Energy
• By Technology
o Proton Exchange Membrane Electrolyzer
o Alkaline Electrolyzer
o Solid Oxide Electrolyzer
• By End Users
o Power Generation
o Food & Beverage
o Others (Petrochemicals, Steel and Cement Industries)
• By Location
• By Region
o North America
o South America
o Asia Pacific
o Middle East and Africa
• By Competitors
o Competition Characteristics
o Market Share & Analysis
o Competitive Matrix
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