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Biohydrogen Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Biohydrogen Market SizeAccording to new survey, global Biohydrogen market is projected to reach US$ 936.7 million in 2029, increasing from US$ 186 million in 2022, with the CAGR of 30.1% during the period of 2023 to 2029.
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Biohydrogen Market
Biohydrogen is a type of green hydrogen derived or produced from biogases and biomass. In contrast to the other forms of hydrogen, biohydrogen can be zero or even carbon negative if it is obtained from feedstocks such as wastes and manure. In addition, depending on the biohydrogen technology, biohydrogen production can generate co-products such as pure biogenic carbon dioxide, digestate or biochar. This process further supports the decarbonisation of industries, contributing to the circular economy and helping to permanently store carbon in the soil.
Key manufacturers engaged in the Biohydrogen industry include MEGA, Bio-H2 Umwelt GmbH, SGH2 Energy, Linde Lienhwa Industrial Gases, NanoLogix, Southern Oil Refining and Shikaoi Hydrogen Farm, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Biohydrogen production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Biohydrogen were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Biohydrogen market and estimated to attract more attentions from industry insiders and investors.
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Segment by Type
• Steam Reforming
• Fermentation
Segment by Application
• Transportation
• Industrial Fuel
• Power Generation
• Others
By Company
MEGA, Bio-H2 Umwelt GmbH, SGH2 Energy, Linde Lienhwa Industrial Gases, NanoLogix, Southern Oil Refining, Shikaoi Hydrogen Farm
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