[PPT] Global Hydrogen Generation Market Overview - 2025

1. Hydrogen Generation Market by Application (Petroleum Refinery, Ammonia & Methanol production, Transportation, Power Generation), Generation & Delivery Mode (Captive, Merchant), Source (Blue, Green & Grey Hydrogen), Technology, and Region-Forecast to 2025 www.MarketsandMarkets.com

2. The hydrogen generation market size is projected to reach USD 201 billion by 2025 from an estimated USD 130 billion in 2020, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application is driving the growth of the market. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale in Asia Pacific region, creates opportunities for hydrogen generation market. View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/hydrogen-generation-market-494.html

3. The electrolysis technology segment is expected to grow at the highest CAGR from 2020 to 2025. The increasing use of fuel cells in power generation and transportation is likely to drive the market for electrolysis. Through electrolysis, the electrolyzer system creates hydrogen gas. The oxygen that is left over is released into the atmosphere or can be captured or stored. This stored hydrogen can be supplied for other industrial processes or even used for medical gases in some cases. The hydrogen gas can either be stored as a compressed gas or liquefied, and since hydrogen is an energy carrier, it can be used to power any hydrogen fuel cell electric application — including trains, buses, trucks, or data centers. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=494

4. The transportation application segment is expected to grow at the highest CAGR in the hydrogen generation industry during the forecast period. Rapid rise in demand for Fuel Cell Electric Vehicle (FCEV) in Asia Pacific region is likely to drive the market for hydrogen generation in the coming years. Hydrogen finds its application in various modes of transportation, such as buses, trains, fuel cell electric vehicles (FCEV), and others (including marine, airplane, and drones). FCEVs are powered by hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no tailpipe emissions; they only emit water vapor and warm air. Fuel cell vehicles use hydrogen to power the electric motor by combining hydrogen and oxygen (from the air) to produce electricity, which runs the motor. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=494

5. The blue hydrogen is expected to grow at the highest CAGR during the forecast period. Blue hydrogen is derived from natural gas through steam methane reforming (SMR). SMR mixes natural gas with very hot steam in the presence of a catalyst, where a chemical reaction creates hydrogen and carbon monoxide. Additional water is added to the mixture, converting the carbon monoxide to carbon dioxide and creating more hydrogen. The carbon dioxide emissions produced are then captured and stored underground using the carbon capture, utilization, and storage (CCUS) technology, leaving nearly pure hydrogen. The cost of generating blue hydrogen is low. However, hydrogen also presents challenges when moved in large quantities, as it is light in weight. Alberta is aiming to export blue hydrogen globally by 2040.

6. The merchant generation & delivery mode segment is expected to grow at the highest CAGR in the hydrogen generation industry during the forecast period. Increasing large scale hydrogen production through water electrolysis and natural gas process is expected to drive the merchant segment. Merchant hydrogen can be produced by both water electrolysis and natural gas processes. This method reduces the need for transportation of fuel and, subsequently, the need for construction of new hydrogen generation infrastructure. However, its limited production capacity leads to higher hydrogen costs compared with captive hydrogen generation. Small-scale reformers and existing natural gas pipelines are generally employed by merchant hydrogen producers to supply hydrogen to customers on-site.

7. Browse >> 243 market data tables 61 figures 263 pagesand in-depth TOC on “Hydrogen Generation Market - Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $7150 for single user. Corporate User : US$9650 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

8. Asia Pacific likely to emerge as the largest hydrogen generation market In this report, the hydrogen generation market has been analyzed for four regions, namely, Europe, Asia Pacific, North America, South America, Middle East and Africa. Asia Pacific is one of the leading markets for adopting green technologies to meet the government targets for reducing GHG emissions. Japan and South Korea are heavily investing in fuel cell adoption since 2009 because of the commercial deployment of Japanese fuel cell micro-CHP products. Japan is the first nation to commercialize fuel cells and is supporting the projects related to the use of fuel cells in residential and automotive applications. It aims to deploy green hydrogen on a large scale. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=494

9. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the hydrogen generation market. These include • Linde (Germany), • Air Liquide (France ), • Air Products & Chemicals (US), • Uniper (Germany), • Engie (France) etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=494

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