Press release
Hydrogen Generation Market To Witness An Outstanding Growth By Messer Group, Taiyo Nippon Sanso Corporation, Showa Denko, Caloric Anlagenbau
Hydrogen Generation Market, Hydrogen Generation Market Study, Hydrogen Generation Market Size, Hydrogen Generation Market Segmenta
Hydrogen Generation Market size is forecast to cross USD 180 billion by 2024, as per the latest report from Market Study Report
The major players in global and United States market, including
Nuvera Fuel Cells, Messer Group, Taiyo Nippon Sanso Corporation, Showa Denko, Caloric Anlagenbau, Xebec Adsorption, Iwatani Corporation, Praxair Technology, Hydrogenics, Linde, Air Liquide, and Air Products and Chemicals.
A laudable mention in the report is that of a separate wing being devoted to the supply chain analysis of Hydrogen Generation market, elucidating the raw material and overall industry supply chain in terms of the prices, production, distribution channels, and demand and supply. Replete with extensive diagrams, charts, tables, and other visual representations, global Hydrogen Generation market research report successfully provides key insights regarding pivotal industry deliverables.
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Strict regulatory norms to reduce sulfur content with measures to reduce the carbon footprint will drive the global hydrogen generation market size. U.S. federal and state governments have adopted various programs including the Tier 3 program to reduce the sulfur content in gasoline, motor oil, and diesel, which aims to lower the gasoline sulfur content up to 10 ppm in 2017.
Growing demand for petroleum products from developing countries is anticipated to drive the hydrogen generation market size in the coming years. Hydrogen is used in various refining processes including hydrocracking and hydrodesulfurization to crack bigger molecules into lighter ones and converted into more usable products.
Scope of Report:
Global Hydrogen Generation market report classifies this industry extensively in terms of the regional landscape. Market Segment by Regions, regional analysis covers:
U.S. hydrogen generation market share contributed over 70% of the regional revenue in 2015. Shifting trends towards renewable resources from conventional resources to reduce carbon emission will positively influence the business growth. Increasing ammonia production owing to presence of abundant natural gas reserves will further drive the industry.
Captive hydrogen generation market share is expected to witness significant growth on account of increasing demand from refinery and petrochemical industry to process residue.
Chemical applications are expected to exceed USD 95 billion by 2024. Increasing ammonia demand from the fertilizer industry will stimulate the industry growth. Rising crop prices and favorable weather conditions are expected to augment fertilizer demand.
Global Hydrogen Generation Market by Delivery Mode
Captive
Merchant
Global Hydrogen Generation Market by Process
Steam Reformer
Electrolysis
Global Hydrogen Generation Market by Application
Petroleum Refinery
Chemical
Metal
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We presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
Table of Content:
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Research scope and assumptions
Chapter 2 Executive Summary
2.1 Hydrogen generation industry 360 degree synopsis, 2013 - 2024
2.1.1 Current business environment
2.1.2 Technology trends
2.1.3 Application trends
2.1.4 Regional trends
Chapter 3 Hydrogen generation Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 - 2024
3.3 Hydrogen generation ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.5 Regulatory framework
Continued@...............
For More Tactical Information: https://www.marketstudyreport.com/reports/hydrogen-generation-market/?utm_source=OPEN-DC
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