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Hydrogen Generation Market Ongoing Industry Trends and Reach USD 232.2 Billion By 2025 | Key Players like Air Liquide, Hydrogenics, Plug Power and more

Global Hydrogen Generation Market research report delivers a close watch on major leading key players with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.

The Global Hydrogen Generation Market is projected to Reach USD 232.2 Billion By 2025 and is expected to register a significant growth rate of 8.0% during forecast period 2018-2025, reveals a recent research report added by Big Market Research.

Major factors driving the hydrogen generation market include the growing demand to decarbonize energy end-use, government regulation for desulphurization of refinery activities, and rising demand for hydrogen as fuel in the transportation sector. Rising demand of alternative fuels to reduce the greenhouse gas emission is augmenting growth to the market.

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According to U.S. Department of Energy, carbon emission can be reduced by 33% by replacing the fuels consumed by industries with hydrogen. Strict regulations on desulphurization of refinery products are expected to drive the hydrogen generation market. However, established infrastructure for manufacturing electric cars emerges as one of major challenging factor for market growth during the forecast period.

The regional analysis of Global Hydrogen Generation Market

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Rest of the World

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Major Key Players:

  • Air Liquide
  • Hydrogenics
  • Plug Power
  • Ballard Power Systems
  • Claind
  • Hygear
  • Nuvera Fuel Cells

The detailed segments and sub-segment of the market are explained below:

By Technology:

  • Steam Methane Reforming,
  • Partial Oxidation of Oil
  • Electrolysis of Water
  • Coal Gasification

By Application:

  • Petroleum Refinery
  • Methanol Production,
  • Ammonia Production
  • Transportation
  • Power Generation
  • Other Applications

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By Storage:

  • On-Board Hydrogen Storage
  • Underground Hydrogen Storage
  • Power-To-Gas Hydrogen Storage
  • By Generation & Delivery Mode:
  • Captive
  • Merchant

To conclude, this report is a valuable source of information and direction for companies and individuals interested in the industry. Additionally, we can deliver a customized report to fulfil the special requirements of our clients, on demand.

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Sumedh Raj

Sumedh is a content marketing coordinator and social media manager for The Innovative Reports and Market Research Analyst. Sumedh holds a Bachelor's Degree in Communications and Public Relations from University of Pune and offers many years of experience in various forms of writing. Some of her favorite hobbies include exploring new music, creative writing and spending time with his dogs.

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