The global hydrogen generation market is witnessing significant growth on account of regulations set by various legislations across the globe leading to desulfurization of fuel used in transportation. Key drivers of such growth in the hydrogen generation market include growth in transportation fuels, and decline in crude quality that requires enhanced processing of hydrogen. Fuel cells are a viable ... Read more
Hydrogen generation market refers to the market where hydrogen is generated using different processes such as steam reforming and electrolysis. The hydrogen generation market can be classified on the basis of product either as an on-site hydrogen generator or as a portable hydrogen generator. The generated hydrogen finds application in multiple industries such as chemical, ... Read more
The global hydrogen generation market is projected to reach USD 199.1 billion by 2023 from an estimated USD 135.5 billion in 2018, at a CAGR of 8.0%. The growth of the hydrogen generation market is driven by the growing need to decarbonize the energy end-use, rising demand for fuel cells in the transportation sector, and stringent regulations to regulate the sulfur content in fossil fuel ... Read more
The Hydrogen Generation Market is Projected to reach USD 199.1 billion by 2023, at a CAGR of 8.0% from 2018 to 2023. The hydrogen generation market is expected to grow from USD 135.5 billion in 2018 to USD 199.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. The major factors driving the hydrogen generation market include the growing demand to ... Read more
The global hydrogen generation market is projected to reach USD 199.1 billion by 2023 from an estimated USD 135.5 billion in 2018, at a CAGR of 8.0%. The market in Asia Pacific is estimated to be the largest, followed by North America. Factors such as growing refinery operations to meet the rising demand for fuels and increased investment in fuel cell technology and support infrastructure are ... Read more
The global hydrogen generation market size is predicted to be valued at USD 180.2 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% over the forecast period. Rising demand for renewable ... Read more
According to a new research report "Hydrogen Generation Market by Generation, Application (Petroleum Refinery, Ammonia Production, Methanol Production, Transportation, Power Generation), Technology (Steam Reforming, Water Electrolysis & Others), Storage, and Region - Global Forecast to 2023", MarketsandMarkets: ... Read more
