Press release
Mounting Inclination of Industries toward using Clean Energy to Drive the Global Green Hydrogen Market through 2026
According to MarkNtel Advisors, the Global Green Hydrogen Market is expected to witness around 15.7% CAGR during 2021-26. The market growth attributes primarily to the rising inclination of several end-users toward using a clean energy source instead of fossil fuels.Green hydrogen is produced through the electrolysis process of water using power generated wind or solar. It is a highly efficient energy source as compared to fossil fuel. The governments of many key countries worldwide have announced their plans to implement Green Hydrogen in their respective nations. For Instance:
In 2021, Fusion Fuel Green (an Irish firm) and BGR Energy Systems (an Indian firm) signed an agreement to produce green hydrogen in Tamil Nadu, India.
Further, burgeoning investments to reduce the price of green hydrogen as a fuel and increasing government support for the production of green hydrogen are other crucial factors contributing to the overall market growth. Moreover, the favorable government policies to reduce carbon emissions, coupled with growing environmental concerns worldwide, are encouraging the adoption of green hydrogen, further states the research report, "Global Green Hydrogen Market Analysis, 2021."
Get a free sample report: https://www.marknteladvisors.com/query/request-sample/global-green-hydrogen-market.html
Europe Witnessed Considerable Market Growth in Recent Years
With the increasing preference & funding towards developing green hydrogen in recent years, Europe witnessed considerable market growth. Further, the rising inclination towards the clean energy source and the extensive presence of hydrogen in the region also drive the regional market.
Moreover, the increased focus of companies in the region to utilize green hydrogen across various industries, such as automotive, mining, etc., shall also positively contribute to the overall market growth across Europe in the coming years.
Food & Beverage Industry to Capture the Substantial Share of the Global Green Hydrogen Market
Several companies in the Food & Beverage (F&B) industry are taking several initiatives towards decarbonization in their manufacturing units, which, in turn, is fueling the demand for green hydrogen in the industry.
In addition, green hydrogen is considered a reliable power source for the daily operation of food & manufacturing units. Since it is a clean energy source, it can be used across several applications in the industry, such as production, processing, and packaging, reveals MarkNtel Advisors in their research report, "Global Green Hydrogen Market Analysis, 2021."
Browse the report with detailed TOC: https://www.marknteladvisors.com/research-library/global-green-hydrogen-market.html
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.
Key Questions Answered in the Study
1. What are the current & future trends in the Global Green Hydrogen Market?
2. How has the industry been evolving in terms of geography & service adoption?
3. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Green Hydrogen Market?
5. What are the customer orientation, purchase behavior, and expectations from green hydrogen providers across the globe?
Market Segmentation:
1. By Technology (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, Solid Oxide Electrolyzer, Others)
2. By End-User (Power Generation, Automotive, Mining, Food & Beverage, Others (Petrochemicals, Steel and Cement Industries))
3. By Location (Offshore, Onshore)
4. By Region (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
5. By Country (US, Canada, Mexico, Brazil, The U.K., Germany, France, Italy, India, China, Japan, South Korea, GCC, South Africa)
6. By Competitors (Linde plc., Air Liquide, Siemens, Air Products & Chemicals, Plug Power, Nel Hydrogen, Green Hydrogen Systems, Solena Group, ERGOSUP, Loop Energy Inc., Bloom Energy)
Explore more research report by MarkNtel Advisors
Global Lithium Sulfur Battery Market Research Report: Forecast 2021-2026 (https://www.marknteladvisors.com/research-library/global-lithium-sulphur-battery-market.html)
Global Intelligent Energy Storage System Market Research Report: Forecast 2021-2026 (https://www.marknteladvisors.com/research-library/global-intelligent-energy-storage-system-market.html)
Saudi Arabia Diesel Generator Market Research Report: Forecast 2021-2026 (https://www.marknteladvisors.com/research-library/saudi-arabia-diesel-generator-market.html)
Global Gas Turbine and Turbine Services Market Research Report: Forecast 2021-2026 (https://www.marknteladvisors.com/research-library/global-gas-turbine-and-turbine-services-market.html)
Contact Us -
MarkNtel Advisors
Corporate Office: Office No.106,
H-160, Sector 63, Noida, Uttar Pradesh - 201301, India
Sales Office: 1147 88AVE, Delta, BC V4C, 3B8, Canada
Email Us Here - sales@marknteladvisors.com
Call- +1 604 800 2571
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.
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 Mounting Inclination of Industries toward using Clean Energy to Drive the Global Green Hydrogen Market through 2026 here
News-ID: 2575892 • Views: …
More Releases from MarkNtel Advisors LLP
 
                                            
                                                    Europe Electric Trucks Market Set to Surge at 51% CAGR, Reaching USD 35.2 Billio …                                                
                                            
                                        
                                            Latest Research Report of European Electric Trucks Market Size and CAGR
According to MarkNtel Advisors latest market research report data, the Europe Electric Trucks Market is projected to grow from USD 1.96 billion in 2025 to USD 35.2 billion by 2032, registering a remarkable CAGR of 51.07%. Growth is primarily driven by stringent EU emission standards, expansion of high-capacity charging networks, and fleet electrification by major OEMs like Volvo Trucks and…  
                                        
                                     
                                            
                                                    Europe Industrial Gases Market Expected to Reach Nearly $22.98 Billion by 2032:  …                                                
                                            
                                        
                                            Europe Industrial Gases Market: Trends, Insights, and Future Outlook
The Europe Industrial Gases Market is seeing robust growth, driven by increasing demand across key sectors such as petrochemicals, healthcare, and steelmaking. Innovations in hydrogen production and carbon capture technologies are prominent factors influencing market dynamics. A shift towards renewable and low-carbon sources presents significant opportunities amid growing environmental regulations. Additionally, the rise in energy costs is reshaping the landscape for industrial…  
                                        
                                     
                                            
                                                    Middle East Industrial Gases Market Set to Grow to USD 12.68 Billion by 2032 | T …                                                
                                            
                                        
                                            The Middle East Industrial Gases Market is forecasted to expand from USD 10.06 billion in 2025 to USD 12.68 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.72% during the period of 2026 to 2032. The primary drivers fueling this growth are the increasing demand for hydrogen and the robust expansion of the petrochemical industry, which necessitates high-purity gases for various applications such as chemical synthesis and…  
                                        
                                     
                                            
                                                    Potato Chips Market in Philippines Set to Grow to USD 233.17 Million by 2032 as  …                                                
                                            
                                        
                                            The Philippines Potato Chips Market is entering a significant growth phase, projected to expand from USD 158.45 million in 2025 to USD 233.17 million by 2032, with a robust compound annual growth rate (CAGR) of 5.67%. Key growth drivers include government initiatives aimed at bolstering local potato production and the rising popularity of flavored varieties among consumers.
Philippines Potato Chips Market Growth Outlook:
As snack food preferences evolve, the Philippines Potato Chips…  
                                        
                                    More Releases for Green
                                                    Green-Card.md Simplifies Green Card Application Process                                                
                                            
                                        
                                            Image: https://www.getnews.info/wp-content/uploads/2024/07/1722343980.png
Green-Card.md is a premier immigration consultancy firm. Specializing in green card applications, the company offers a wide range of services designed to assist individuals in obtaining permanent residency in the United States. With a commitment to personalized service and expert guidance, Green-Card.md is dedicated to helping clients achieve their immigration goals.
Green-Card.md, a leading immigration consultancy firm, is excited to announce its dedicated services aimed at assisting individuals in obtaining…  
                                        
                                    
                                                    Green Logistics Market Is Flourishing worldwide with DHL, Green India Transport, …                                                
                                            
                                        
                                            Green logistics describes all attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows of products, information and services between the point of origin and the point of consumption. It is the aim to create a sustainable company value using a balance of economic and environmental efficiency. Green logistics has its origin in the mid-1980s and was a concept…  
                                        
                                    
                                                    Green Logistics Market Is Thriving with DHL, Green India Transport, The Green Gr …                                                
                                            
                                        
                                            Green logistics describes all attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows of products, information and services between the point of origin and the point of consumption. It is the aim to create a sustainable company value using a balance of economic and environmental efficiency. Green logistics has its origin in the mid-1980s and was a concept…  
                                        
                                    
                                                    A green hotel on a green island                                                
                                            
                                        
                                            Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta, has recently supplied HVAC units to the new luxury hotel now under construction at Benitses Beach in Corfu, also known as the “Green Island” for its thick vegetation. The complex includes a 5-star hotel, 40 bungalows and furnished villas, with a total capacity of 893 beds. It is the first large hotel in Greece, designed to avoid the use…  
                                        
                                    
                                                    Green Information Technology Services Market | #green IT #Green Technology @Adva …                                                
                                            
                                        
                                            Global Green Information Technology (IT) Services Market: Overview
Green information technology (IT) covers services related to environmentally sustainable computing and IT optimization. The technology aims at minimizing the negative impacts of IT operations by manufacturing, designing, and disposing of servers, computers, and other associated subsystems such as networking systems, communication systems, printers and monitors, and storage devices in an environmentally-friendly manner.
The motive behind deploying green IT practices is to reduce the…  
                                        
                                    
                                                    Numerous Green Methods Shown at Home Green Life                                                
                                            
                                        
                                            Home Green Life is one home gardening blog that elucidates on the latest news related to the field and also provides a whole lot of tips about gardening, interior décor, home living, green building, furniture, ecological architecture and sustainable construction.  In fact, Home Green Life is a fully equipped web guide that comes in with all the news that is relevant for having green homes, innovative buildings, ecological living,…  
                                        
                                    