Hydrogen Generation Market Size to Grow $257.9 billion by 2028
According to a research report “Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region – Global Forecast to 2028″ published by MarketsandMarkets, the global hydrogen generation market is projected to reach USD 257.9 billion...
The Growing Market for Hydrogen Generation: A Promising Future
Hydrogen has emerged as a key player in the transition towards clean and sustainable energy systems. As countries worldwide seek to reduce their carbon footprint and combat climate change, hydrogen generation has gained significant attention. This article explores the evolving market for hydrogen generation, highlighting its potential, key drivers, challenges, and future prospects.
Hydrogen’s...
Hydrogen Generation Market Opportunities and Challenges
New Revenue Pockets:
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. Increased focus on hydrogen based economy for applications such as power generation or fueling cars and buses, that during combustion can cause less carbon emissions. This has led to increased investments...
Hydrogen Generation Market Projected to reach $199.1 billion by 2023 | Key players include Air Liquide, Air Products and Chemicals, Iwatani, Hydrogenics, Linde, Praxair, Messer Group, Showa Denko etc.
The global hydrogen generation market is projected to reach USD 199.1 billion by 2023 from an estimated USD 135.5 billion in 2018, at a CAGR of 8.0%. The growth of the hydrogen generation market is driven by the growing need to decarbonize the energy end-use, rising demand for fuel cells in the transportation sector, and stringent regulations to regulate the sulfur content in fossil fuel generation.
The...