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Hydrogen Market: Global Industry Analysis and Forecast 2014

Hydrogen is small the stumpy mass and is readily available in the atmosphere. Good efficiency and eco-friendly nature of hydrogen are factors driving the growth of this market across the globe. Hydrogen can either be used as a chemical or a fuel. Initially, hydrogen was only used in industries such as chemical processing, petroleum recovery & refining, metal production & fabrication, and aerospace. Hydrogen is emerging as a popular fuel, and, in turn, is expected to creat opportunities for this industry in the near future. As a fuel, hydrogen is either burned directly or used in fuel cells. Hydrogen has high calorific value which is used to generate electricity through its reaction with oxygen in fuel cells. Hydrogen fuel cells are considered to be eco-friendly as the reaction occurs in electrochemical cells, wherein the only byproduct is water.

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Hydrogen Market: Global Industry Analysis and Forecast 2014

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  1. HydrogenMarket:GlobalIndustryAnalysisandForecast2014-2020 PersistenceMarketResearch HydrogenMarket:GlobalIndustryAnalysis andForecast2014-2020 1 PersistenceMarketResearch

  2. HydrogenMarket:GlobalIndustryAnalysisandForecast2014-2020 PersistenceMarketResearchReleasedNewMarketReporton“HydrogenMarket:Global IndustryAnalysisandForecast2014-2020”. Hydrogenissmallthestumpymassandisreadilyavailableintheatmosphere.Goodefficiencyandeco- friendlynatureofhydrogenarefactorsdrivingthegrowthofthismarketacrosstheglobe.Hydrogencan eitherbeusedasachemicalorafuel.Initially,hydrogenwasonlyusedinindustriessuchaschemical processing,petroleumrecovery&refining,metalproduction&fabrication,andaerospace.Hydrogenis emergingasapopularfuel,and,inturn,isexpectedtocreatopportunitiesforthisindustryinthenear future.Asafuel,hydrogeniseitherburneddirectlyorusedinfuelcells.Hydrogenhashighcalorificvalue whichisusedtogenerateelectricitythroughitsreactionwithoxygeninfuelcells.Hydrogenfuelcellsare consideredtobeeco-friendlyasthereactionoccursinelectrochemicalcells,whereintheonlybyproduct iswater. BuyFullReport:http://www.persistencemarketresearch.com/market-research/hydrogen- market.asp Hydrogencanbeproducedthroughtwodifferentarrays:captiveproduction(producedandconsumedon- site)andmerchantproduction(producedatonesiteandconsumedatanother).Oilrefineries,ammonia plants,methanolplants,andchlorineplantsarethemajorcaptiveproducersofhydrogen.Outofthese,oil refineriesandammoniaplantsaretheleadingproducersofhydrogen.Demandformerchanthydrogenis growingataslowerpacethanthatofcaptivehydrogen.Thisisbecausesmallscalehydrogen consumers,thetargetcustomerbaseformerchanthydrogenproducers,prefertopurchasehydrogen fromsmall-scalecaptiveplants. Refineriesandammoniaplantsarethelargestendusersforhydrogengloballyintermsofvolume consumption.Hydrogenhasalargenumberofapplicationsinrefineries,includingsteamreformingof methaneandotherhydrocarbons,gasificationofoilrefiningresidues,andvarioushydrotreating processes(wherehydrogenisusedfortheremovalofsulphur,normalparaffins,andaromatics).Growing investmentinrefineriesispushingthedemandforhydrogenglobally.Anotherfactordrivingthehydrogen marketistheimplementationofmotorvehicleemissionsregulationsbydevelopedcountries,which,in turn,hasledtogrowthinconsumptionofhydrogenasafuel..Ammoniaproductionplantsarethe second-largestandoneofthefastestgrowingend-usersegmentsinthehydrogenmarket.TheLinde AmmoniaConcept(LAC),themostpopularmethodforproducingammonia,involvestheuseofhydrogenforthemanufactureofammonia.This,inturn,ispushingthedemandforhydrogen. 2 PersistenceMarketResearch

  3. HydrogenMarket:GlobalIndustryAnalysisandForecast2014-2020 Asia-Pacificisdominatingtheglobalhydrogenmarket,followedbyNorthAmerica.ChinaandIndiaare thecountriesdrivingthismarketintheAsiaPacificregion.Improvingrefinerycapacitiesofthesetwo countriesaresupportingthegrowthofthismarket.Currently,theU.S.isleadingtheglobalmarketfor hydrogen.However,stronggrowthisprojectedinthehydrogenmarketinChina;itisestimatedthatby 2018,ChinawillovertaketotheU.S.asthelargestmarketforhydrogen.Growthofthehydrogenmarket inEuropeiswitnessingsingledigitgrowth,withWesternEuropedominatingthemarketinthisregion. SomeofthemajorcompaniespresentinthegeosyntheticsmarketareAirLiquide,AirProductsand Chemicals,Inc.,Airgas,Inc.,IwataniInternationalCorporation,TheLindeGroup,MesserGroupGmbH,Praxair,Inc.,ShowaDenkoK.K.,andTaiyoNipponSansoCorporation. RequestFullTOC:http://www.persistencemarketresearch.com/toc/4146 Keypointscoveredinthereport:- 1. Reportsegmentsthemarketonthebasisoftypes,application,products,technology,etc (asapplicable) Thereportcoversgeographicsegmentation NorthAmerica Europe Asia RoW Thereportprovidesthemarketsizeandforecastforthedifferentsegmentsand geographiesfortheperiodof2010to2020 Thereportprovidescompanyprofilesofsomeoftheleadingcompaniesoperatinginthemarket Thereportalsoprovidesportersfiveforcesanalysisofthemarket. 2.     3. 4. 5. Browsethefull“AllUpcomingPersistenceMarket's”reportat http://www.persistencemarketresearch.com/forthcoming-reports.asp AboutUs: PersistenceMarketResearchisaglobalmarketresearchfirmspecializing-syndicated research,customresearch,andconsultingservices AtPersistenceMarketResearch(PMR),weareinthebusinessofacceleratingyourbusiness. Asafull-servicemarketresearchfirm,westandcommittedtobringingmoreaccuracyandspeedtoyourbusinessdecisions.Fromready-to-purchasemarketresearchreportstocustomizedglobalresearchsolutions,ourengagementmodelsarehighlyflexiblewithout 3 PersistenceMarketResearch

  4. HydrogenMarket:GlobalIndustryAnalysisandForecast2014-2020 compromisingonourdeep-seatedresearchvalues.Brieflystated,ourmissionistogiveyou accesstoforecastsandtrendsanalysesthatputyouonthepathtoprofitability. PMR’sServicesGoBeyondGleaningData: MostenterprisesbelievethatITanddatabasesareenoughtomakeanaccuratedecision.Whilewedonotdisputethat,considerthis:Howlongdoesittaketomakeanaccurateandstrategicmillion-dollardecision?Westrivetodeliverbothevenwithdemandingdeadlines. FacilitatingRapidandInformedBusinessDecisions PMRwasfoundedwithonegoalinmind:toofferenterprisesatangiblebusinessadvantagebycarefullybalancingtraditionalandmodern-dayresearchmethodologies. ContactUs: AddieThomes 305Broadway, 7thFloor, NewYorkCity,NY10007,UnitedStates. Phone:+1-646-568-7751 USA/CanadaTollFreeNumber. 1-800-961-0353 E-mail:Sales@persistencemarketresearch.com Web:http://www.persistencemarketresearch.com/ 4 PersistenceMarketResearch

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