Press release
Global Hydrogen Generation Market Share, Size, Growth And Forecast by 2022-2027
Hydrogen is a natural gas generated through low-carbon pathways using various natural gases, coal, and biomass. It is also produced by the process of electrolysis that relies on electricity to segregate water into oxygen and hydrogen. It is manufactured commercially using sunlight via photobiological, photoelectrochemical, and photovoltaic-dependent electrolysis and solar thermochemical processes. Hydrogen is a clean fuel utilized for running cells to generate electricity and heat. It is also required in petroleum refining to reduce the sulfur content of diesel fuel. It aids in manufacturing power cells for various specialty vehicles, such as forklifts and cranes and buses, trucks, and cars.
It is used in the steel industry as a redundant substitute for producing direct reduced iron (DRI), which is transformed into steel in an electric arc furnace (EAF). It assists in manufacturing methanol and producing methane and ammonia fertilizer required in farms for boosting crop production. It finds extensive applications in the defense industry to generate power for military transportation, commodity trucks, and turbojet engines. It is employed in the space as a rocket fuel since hydrogen is non-toxic and efficient. It helps manufacture plastic materials and various textile fibers, such as polyurethane foam and nylon. At present, there is a rise in the demand for hydrogen generation through biological processes wherein bacteria and microalgae consume plant materials and produce hydrogen gas across the globe.
Request for a free sample copy of this report: https://www.imarcgroup.com/hydrogen-generation-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Hydrogen Generation Market Trends:
The rising demand for hydrogen generation in the shipping and transportation industry to produce green hydrogen represents one of the key factors driving the market. Besides this, the government of various countries is implementing stringent policies to ban the use of fossil fuels due to the increasing levels of air pollution, which is contributing to the growth of the market. In addition, the growing utilization of hydrogen in the petroleum industry to minimize the content of toxic sulfur in fossil fuels is positively influencing the market. Apart from this, the escalating demand for hydrogen in the glass industry to manufacture flat glass for electronic devices, windows, doors, and windscreens is propelling the growth of the market. Additionally, the increasing utilization for hydrogen in the food and beverage (F&B) industry to manufacture hydrogenated vegetable oils, margarine, and butter is offering a favorable market outlook. Moreover, key players are investing in research and development (R&D) activities to introduce green technologies that can be used in hydrogen generation, which is expected to bolster the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrogen generation market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, application and systems type.
Breakup by Technology:
Coal Gasification
Steam Methane Reforming
Others
Breakup by Application:
Methanol Production
Ammonia Production
Petroleum Refinery
Transportation
Power Generation
Others
Breakup by Systems Type:
Merchant
Captive
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
AIR LIQUIDE (AI.PA)
Air Products and Chemicals, Inc (APD)
CLAIND srl
INOX Air Products Ltd.
Linde (NYSE:LIN)(FWB:LIN)
Mahler AGS GmbH
McPhy Energy SA (MCPHY:EN Paris)
Messer Group GmbH
NEL ASA (NEL.OL)
Taiyo Nippon Sanso Corporation
Weldstar Inc.
Xebec Adsorption Inc.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/hydrogen-generation-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Other Trending Report by IMARC Group:
Flue Gas Desulfurization Market: https://www.imarcgroup.com/flue-gas-desulfurization-market
Cryogenic Equipment Market: https://www.imarcgroup.com/cryogenic-equipment-market
Small Hydropower Market: https://www.imarcgroup.com/small-hydropower-market
Solid Oxide Fuel Cell Market: https://www.imarcgroup.com/solid-oxide-fuel-cell-market
Crude Oil Flow Improvers Market: https://www.imarcgroup.com/crude-oil-flow-improvers-market
Offshore Mooring Systems Market: https://www.imarcgroup.com/offshore-mooring-systems-market
Saudi Arabia Water Heater Market: https://www.imarcgroup.com/saudi-arabia-water-heater-market
Oil And Gas Corrosion Protection Market: https://www.imarcgroup.com/oil-gas-corrosion-protection-market
Turbocompressors Market: https://www.imarcgroup.com/turbocompressors-market
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Global Hydrogen Generation Market Share, Size, Growth And Forecast by 2022-2027 here
News-ID: 2833623 • Views: …
More Releases from IMARC Group
Supercapacitor Market Size to Reach $31.07B by 2033: Trends & Opportunities
Market Overview:
The supercapacitor market is experiencing rapid growth, driven by electrification of automotive systems, renewable energy and grid stabilization, and expansion of industrial automation and robotics. According to IMARC Group's latest research publication, "Supercapacitor Market Size, Share, Trends and Forecast by Product Type, Module Type, Material Type, End Use Industry, and Region, 2025-2033", the global supercapacitor market size was valued at USD 6.41 Billion in 2024. Looking forward, IMARC Group…
Bicycle Market Size to Surpass $102.05B by 2033: Growth & Insights
Market Overview:
The bicycle market is experiencing rapid growth, driven by global expansion of cycling infrastructure, rising health consciousness and preventative wellness, and technological advancements in e-bike propulsion. According to IMARC Group's latest research publication, "Bicycle Market Size, Share, Trends and Forecast by Type, Technology, Price, Distribution Channel, End User, and Region, 2025-2033", The global bicycle market size was valued at USD 67.42 Billion in 2024. Looking forward, IMARC Group estimates…
Baby Food and Infant Formula Market to Reach USD 84.06 Billion by 2033, Growing …
Market Overview:
The Baby Food and Infant Formula Market is experiencing steady expansion, driven by Increasing Awareness of Nutritional Needs for Infants, Rising Number of Working Women, and Technological Advancements and Product Innovation. According to IMARC Group's latest research publication, "Baby Food and Infant Formula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global baby food and infant formula market size reached USD 53.73 Billion in 2024.…
Breakfast Cereals Market to Reach USD 149.07 Billion by 2033, Growing at a CAGR …
Market Overview:
The Breakfast Cereals Market is experiencing rapid growth, driven by Health and Wellness Awareness, Busy Lifestyles and On-the-Go Demand and Rising Disposable Incomes and Global Market Expansion . According to IMARC Group's latest research publication, "Breakfast Cereals Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global breakfast cereals market size was valued at USD 108.89 Billion in 2024. Looking forward, IMARC Group estimates…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
