DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7jspbh/hydrogen) has announced the addition of the "Hydrogen Generation Market by Geography, by Mode of Generation & Delivery, Applications and Technology - Global Trends & Forecasts to 2019" report to their offering.
The global hydrogen generation market is estimated to reach $138.2 billion by 2019, with a projected CAGR of 5.9%, signifying an increase in demand for a clean and emission free power source that is hydrogen
Hydrogen is the lightest and most common element which has a number of applications in chemical processing, petroleum recovery and refining, metal production and fabrication, aerospace, and fuel cells. The demand for hydrogen is largest in petroleum refinery and ammonia production. However, automotive fuel is an emerging sector with a huge potential in future. Hydrogen is considered to be environment friendly as electrochemical cells generate water vapor. Asia-Pacific is the leading market exhibiting high growth in hydrogen generation.
During petroleum refining, hydrogen is used for desulfurization and thus, the requirement of hydrogen in refineries depends on the sulfur level present in petroleum products. With the decrease of sulfur level in petroleum products, hydrogen requirement per unit of oil (intensity) increases. Governments are regulating sulfur content in final petroleum products hence; the demand for hydrogen generation is increasing. Hydrogen presents a cleaner option when used as a fuel to generate electricity since; it is produced by the electrolysis of water using renewable energies like wind, solar, and hydro. However, hydrogen production also faces challenges, as it lacks proper transportation and distribution infrastructure.
Airgas Inc. (U.S.), Air Products & Chemicals Inc. (U.S.), Linde AG (Germany), Praxair Inc. (U.S.), and Hydrogenics Corp. (Canada) are the major global players, in the hydrogen generation market.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Industry Trends
7. Global Hydrogen Generation Market, By Geography
8. Global Hydrogen Generation Market, By Mode of Generation and Delivery
9. Global Hydrogen Generation Market, By Applications
10. Global Hydrogen Generation Market, By Generation Technology
11. Competitive Landscape
12. Company Profiles
- Air Gas Inc.
- Air Liquide
- Air Products and Chemicals Inc.
- Ally Hi-Tech Co. Ltd.
- Alumifuel Power Corp.
- Caloric Anlagenbau Gmbh
- Hydrogenics Corp.
- Iwatani International Corp.
- Linde AG
- Messer Group
- Praxair Inc.
- Proton Onsite
- Showa Denko Kk
- Taiyo Nippon Sanso
- Xebec Adsorption
For more information visit http://www.researchandmarkets.com/research/7jspbh/hydrogen