Global Hydrogen Generation Market Report 2017 - Forecasts to 2021
DUBLIN, October 19, 2017 /PRNewswire/ --
The "Global Hydrogen Generation Market 2017-2021" report has been added to Research and Markets' offering.
The global hydrogen generation market to grow at a CAGR of 5.99% during the period 2017-2021.
Global Hydrogen Generation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the new sales in the market.
According to the report, one of the major drivers for this market is Growing demand for fertilizers. With the rise in population, the demand for food is also expected to follow suit. By 2025, the demand for food is expected to double. Intensive farming and protective cropping methods would be required to meet this growing demand; however, environmental fluctuations can have a negative impact on most agricultural systems. Less than a billion population is still living under persistent hunger conditions. For the nutrient management of the global population, there will be continuous increment in agricultural production.
The latest trend gaining momentum in the market is Development of carbon capture technologies. Globally, majority of hydrogen is produced from fossil fuels. The future production of hydrogen would come from the reforming of natural gas and electrolysis powered by a grid mix inclusive of coal-fired power plants. The production of hydrogen from fossil fuels will lead to the production of carbon dioxide (CO2) as a by-product.
Further, the report states that one of the major factors hindering the growth of this market is Changes in government policies and regulations. The hydrogen and fuel cell industry is at a development phase and is not being regulated by industry-specific government regulations on matters related to storage, design, transportation, and installation of fuel cell systems and hydrogen infrastructure products in Canada, the EU, the US, as well as other jurisdictions.
The production of electricity is also a typical area where specific government regulations play a significant role. There are new technologies being developed where hydrogen will be used for storing electricity in renewable electricity generation. As of now, there are no industry-specific regulations for fuel cell vehicles. However, with future growth prospects, the hydrogen generation market is expected to encounter specific government regulations in operating markets.
Key vendors
- Air Liquide
- Air Products and Chemicals
- Hydrogenics
- Messer Group
- The Linde Group
Other prominent vendors
- ALLY HI-TECH
- CALORIC
- CLAIND
- ErreDue
- Heliocentris Group
- HYGEAR
- Iwatani
- Mahler AGS
- McPhy Energy
- NUVERA FUEL CELLS
- PARKER HANNIFIN
- Praxair Technology
- ProtonOnsite
- SHOWA DENKO K.K.
- TAIYO NIPPON SANSO
- Teledyne Technologies
- XEBEC
Key Topics Covered:
- Executive Summary
- Scope Of The Report
- Research Methodology
- Introduction
- Market Landscape
- Market Segmentation By Application
- Geographical Segmentation
- Decision Framework
- Drivers And Challenges
- Market Trends
- Vendor Landscape
- Key Vendor Analysis
- Appendix
For more information about this report visit https://www.researchandmarkets.com/research/2n49kh/global_hydrogen
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article