Hydrogen production using coal produces CO2 emissions of about 19 tCO2 /tH2, which is twice as much as natural gas. The hydrogen produced from SMR coal gasification is known as grey hydrogen but the produced hydrogen and carbon is captured, stored utilized is known as blue hydrogen. One of the advanced techniques to generate hydrogen is via ‘electrolysis’ (refers to water electrolysis) without the emission of CO2 into the atmosphere. The produced green hydrogen amount is ignorable compared with others. But it is generated from renewable energy sources like solar wind and other nuclear resources. The equipment which is used is known as electrolyzer. Electrolyzers come in a variety of sizes, from small appliances that are ideal for small-scale distributed hydrogen production to large-scale industrial electrolyzers. In a bright future, the cost of green hydrogen will be decreased because of renewable energy sources like solar and wind i.e. the electricity cost would be down. The developing countries around the world are already entered and published their strategy to generate hydrogen via the electrolysis of water. Hence hydrogen generation has exponential growth in the future. The governments are also investing funds for the plants.
According to the report title “Global Hydrogen Generation Market Outlook, 2027”, published by Actual Market Research, the market size of the Global Hydrogen Generation Market is expected to grow with a CAGR of around 5.8% in the forecasted year of 2027. Hydrogen is demanded in a variety of industrial applications, petroleum refineries, power generation, DRI, and transportation. The transportation segment has remarkable future demand as the EVs and Hydrogen fuel cell vehicles are entering the roads. Though the current scenario is different and petroleum refineries consume the highest amount of hydrogen followed by ammonia production.
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Covid-19: The Covid-19 pandemic is wreaking havoc on the world's energy system. Although global carbon emission rate was fallen due to lockdown as the transportation and industries were shut down. The y-o-y growth was not met in 2020 as the lack of raw material supply chain labor. Due to a drop in commercial activity, demand for hydrogen has dropped dramatically in several areas. Various governments, on the other hand, have chosen a variety of measures to improve the global economy, including international collaborations, supplier diversity, new innovation to reduce the need for particular resources, and circular economy techniques.
Major companies in the Hydrogen market : Hydrogenics Corp (HYGS), Messer Group GmbH, LNI Swissgas SA, McPhy Energy S.A., Linde Plc, Air Products and Chemicals, Inc., Air Liquide, Ally Hi-Tech Co., Limited, INOX-Air Products Inc, Weldstar, Inc.
Considered in this report
- Geography: Middle East Africa
- Historic Year: 2016
- Base year: 2021
- Estimated year: 2022
- Forecast year: 2027
Aspects covered in this report
- Global Hydrogen Generation Market with its value and forecast along with its segments
- Region country wise Hydrogen Generation market analysis
- Application wise Hydrogen Generation distribution
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
Strategic recommendation Regions covered in the report
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Types of Hydrogen in the report
- Steam Methane Reforming
- Coal Gasification
- Others (Electrolysis,)
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Through an intensive primary study, we have identified the trends and development that can be expected in the forecasted period, along with the change in the preference of the consumers.
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Our research report covers, the laws, rules and regulations and other mandatory legal procedures the marketers need to abide by.
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Our market research report covers the detailed profiling of the leading companies in the industry, and also a brief discussion about the smaller emerging brands.
An excellent Global Hydrogen Generation Market Report, the document has the best market research offerings and the required critical information, whether it is about looking for new product trends or competitive analysis of an existing or emerging market. With this business report, companies can sharpen their competitive edge again and again. The market report has expert insights on global industries, products, company profiles, and market trends.
Table of Contents
- Executive Summary
- Report Methodology
- Market Structure
3.1. Market Considerate
- Global Hydrogen Generation Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Type
4.2.2. By Application
4.2.3. By Sales Channel
4.2.4. By Region
4.2.5. By Country
4.2.6. By Company
- Global Hydrogen Generation Market Outlook
- Global Hydrogen Generation Market Outlook
- Global Hydrogen Generation Market Outlook
- North America Hydrogen Generation Outlook
8.1. Market Size by Value
8.2. Market Share
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