Global Hydrogen Generation Market, By Application (Automotive Fuel, Petroleum Refining & Recovery, C

Published Date: | Report Code : EP1910614

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Global Hydrogen Generation Market, By Application (Automotive Fuel, Petroleum Refining & Recovery, Chemical Processing, and Others), By Production Technology (Fossil Fuels, Steam Reforming, Electrolysis, and Others), By Generation and Delivery (Merchant, Captive, and Others), By Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.

Domain : Energy

Report Code : EP1910614

Status : Upcoming

Market Dynamics

Increasing use of hydrogen in the form of fuel in the automotive industry is expected to drive the growth of hydrogen generation market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities. Hydrogen is completely harmless for the environment. It is the most abundant chemical element in the universe. It occurs naturally but needs to be separated from other elements. Hydrogen is generally present in compound form with other elements and 95% of hydrogen is obtained from woods or fossil fuels.

Segment Insights

Steam reforming is one of the major production technology segments for hydrogen generation. It is generated in a processing device known as a reformer, which reacts with steam and pressure at high temperatures with methane in the presence of nickel. It is also known as Blue Hydrogen and is widely being used by commercial companies. Electrolysis is another production technology, which helps to generate clean hydrogen at high temperatures (700 to 800 °C). Besides electrolysis, hydrogen production is carried out through catalytic reaction of waste aluminum. By-products that are obtained are hydrogen and alumina and are reused to make aluminum.

Hydrogen is used in commercial vehicles as an automotive fuel. It is also used in applications such as metal welding, dying fabrics, etc. It can be compressed and stored in small tanks for mobile use of power in vehicles. It is also used in petroleum refining & recovery, chemical processing, and other end-use industries.

Key Factors Impacting Market Growth:

  • Increasing use of hydrogen in the form of fuel in the automotive industry
  • Growing demand from emerging markets 

Regional Outlook:

The regional outlook for hydrogen generation market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for hydrogen generation market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of hydrogen generation market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for hydrogen generation market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Taiyo Nippon Sanso, Air Liquide, Linde, Caloric, Ballard Power System, FuelCell Energy, Xebec, and Ally Hi Tech.

Market Segmentation:

By Application:

  • Automotive Fuel
  • Petroleum Refining & Recovery
  • Chemical Processing
  • Others

By Production Technology:

  • Fossil Fuels
  • Steam Reforming
  • Electrolysis
  • Others

By Generation and Delivery:

  • Merchant
  • Captive
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By Production Technology
    • By Generation and Delivery
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By Production Technology
    • By Generation and Delivery
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
    • By Production Technology
    • By Generation and Delivery 
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By Production Technology
    • By Generation and Delivery
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By Production Technology
    • By Generation and Delivery
  • Rest of the World
    • By Region (South America, Africa)
    • By Application
    • By Production Technology
    • By Generation and Delivery

Reasons To Buy This Report:

  • Market size estimation of the hydrogen generation market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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