Hydrogen Generation Market by Geography, by Mode of Generation & Delivery, Applications and Technology - Global Trends & Forecasts to 2019
NEW YORK, Oct. 22, 2014 /PRNewswire/ -- This report estimates the hydrogen generation market in terms of volume and value. The market, as per volume, is estimated in terms of thousand metric tons per year and value in terms of $Million and $Billion. This has been broken down into component regions.
Hydrogen is the most common element and is used in chemical processing, petroleum recovery and refining, metal production and fabrication, aerospace, and fuel cells. The sectors which have the largest demand for hydrogen are petroleum refinery and ammonia production, while automotive fuel is an emerging sector, with a huge potential in future. Strict regulatory norms which require companies to desulfurize petroleum products, decreasing crude oil quality, due to which more hydrogen is required to purify the crude oil impurities along with, hydrogen being considered as a cleaner fuel option are some of the main driving factors of the hydrogen generation market.
We have used various secondary sources such as encyclopedias, directories, and databases to identify and collect information that was useful for this extensive commercial study of the global hydrogen generation market. The primary sources – experts and suppliers from the industry – have all been interviewed to obtain and verify critical information, as well as to assess the future prospects of the market.
We have also profiled leading players of the industry, along with their recent developments and other strategic initiatives. Some of the key companies which were profiled include Praxair Inc. (U.S.), Airgas Inc. (U.S.), Air Products & Chemicals Inc (U.S.), Air Liquide SA (France), Hydrogenics Corp. (Canada) and Linde AG (Germany), among others.
Asia-Pacific dominates the global hydrogen generation market followed by Europe & Eurasia and North America. Companies focus on these markets for business expansions, contract agreements, mergers and acquisitions, supply contracts, and collaborations.
The hydrogen generation market is segmented into six major regions, namely Asia & Oceania, Europe & Eurasia, North America, Central & South America, Middle East, and Africa. The market is further segmented on the basis of application as petroleum refining, ammonia production, and methanol production. It is also segmented by mode of generation and delivery into merchant and captive hydrogen production. The report also touches upon various important aspects of the market. These include analysis of the value chain, Porter's Five Forces model and the competitive landscape of the market based on the developments of the key players.
Read the full report: http://www.reportlinker.com/p02436671-summary/view-report.html
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