Hydrogen Generator Market Worth $914 Million In 2017’ Says Visiongain Report

14 August 2017
Energy

Visiongain’s new report the Hydrogen Generator Market Analysis Report 2017-2027: Forecasts by Generator Type (On Site, Portable) By Generator Capacity (Up To 100W, 101W -500W, 501W-1,000W, 1.1KW – 3KW, Above 3KW) By End Use (Chemical Processing, Fuel Cells, Petroleum Recovery, Refinery, Others) & By Geography Plus Profiles of Leading Companies Involved in Hydrogen Generation indicates that the global hydrogen generator market will reach $914m in spending in 2017.

Hydrogen generators are used to produce hydrogen to a very high purity for uses in specification processes and applications, to deliver the hydrogen to a specific place in an economical manner, and also for environmental reasons to reduce emissions. The hydrogen generator value chain involves component suppliers of hydrogen generators and reaches down to the hydrogen end-users, which include the energy sector, the chemical industry, hydrogen filling stations, steel production, welding, food processing, industrial gas companies, and the flat glass industry.

The lead analyst of the report said: “Hydrogen generators are widely used in end-use applications such as chemical processing, fuel cells, petroleum recovery, refining, and others. Presently, chemical processing occupies the dominant market share globally. Oil and gas refineries demand more hydrogen in order to lower the sulfur content of diesel in line with stringent government regulations to minimize sulfur content. Chemical processing uses hydrogen to process ammonia, methanol, and other chemicals in a petrochemical complex. Both chemical processing and refining industries are the largest consumers of hydrogen. Hence, demand for hydrogen generators in these industries is anticipated to grow during the forecast period.”

The 174 page Hydrogen Generator Market Analysis Report 2017-2027: Forecasts by Generator Type (On Site, Portable) By Generator Capacity (Up To 100W, 101W -500W, 501W-1,000W, 1.1KW – 3KW, Above 3KW) By End Use (Chemical Processing, Fuel Cells, Petroleum Recovery, Refinery, Others) & By Geography Plus Profiles of Leading Companies Involved in Hydrogen Generation report will be of value to anyone who wants to better understand the hydrogen generator market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the energy industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“The Distributed Energy Generation Market will see a capital expenditure (Capex) of $246bn in 2019 as more and more people go off-grid due to investment in renewable technologies”

The distributed energy generation market is highly likely to see high growth rates over the forecasted period.

20 June 2019

Read

“Non-Destructive Testing market is valued at $9.2bn in 2019” says new Visiongain report

The rise in demand for Non-Destructive Testing across several industry verticals such as aerospace and defence, automotive, infrastructure, oil and gas, power generation is set to drive the demand of NDT across the globe.

20 June 2019

Read

“The Small Scale Liquefied Natural Gas (LNG) market will see a capital expenditure (Capex) of $5,539mn in 2019 as companies try to maximise their production”

The global market for small scale LNG is driven by high levels of spending in established and emerging markets.

18 June 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever