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    Hydrogen Generation Market Report

    Hydrogen Generation Market Report
    Report code - SR1222 Delivery - 2 Weeks
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    Hydrogen Generation Market Size, Share, Trend, Forecast, & Industry Analysis – 2 See more...

    Market Insights

    Hydrogen Generation Market is likely to witness an impressive CAGR of 6.5% during the forecast period. Growing consumption of crude oil coupled with increase in investments toward expanding existing refining facilities in developing economies, introduction of various policies focusing on adoption of clean fuel along with increasing investments across the refining sector and limiting the amount of sulfur content in diesel fuel, gasoline, motor, etc. are some of the major factors expected to accelerate the market growth over the forecast period.

    Hydrogen Generation Market – Snapshot

    Growth

    6.5% for the next five years

    Major Delivery Mode Type

    Merchant

    Fastest Process Type

    Steam Methane Reforming

    Region with the highest demand

    Asia-Pacific

    Key Players

    Air Liquide S.A., Air Products & Chemicals Inc., Caloric Anlagenbau GmbH, Hydrogenics Corporation, Iwatani Corporation, Nel ASA, Nuvera Fuel Cells, LLC, Plug Power Inc., Showa Denko K.K., and The Messer Group GmbH.

    Segments' Analysis

    Hydrogen-Generation-Market-Dominant-Segments

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    Hydrogen Generation Market Share: By Delivery Mode Type

    Based on the delivery mode type, the market is segmented as captive and merchant. The merchant segment is estimated to witness significant growth in the market owing to various favorable policies supporting the use of merchant hydrogen in new applications including pharmaceuticals coupled with their generation from new sources, fueling the overall industry growth over the forecast period.

    Hydrogen Generation Market Share: By Process Type

    Based on the process type, the market is segmented as steam methane reforming, electrolysis, and others. Steam methane reforming process is estimated to be the fastest-growing segment of the market during the forecast period on account of ease of availability of conventional fuels, resulting in minimized operational costs along with improvement in economic advantages.

    Hydrogen Generation Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market owing to the presence of various manufacturing facilities coupled with economic development in the regional market. China and India being the major countries with growing energy demands are expected to fuel the regional market growth. North America and Europe are also estimated to offer substantial growth opportunities in the market over the forecast period.

    Hydrogen-Generation-Market-By-Region

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    Market Scope & Segmentation

    Hydrogen generation is basically an industrial method to generate hydrogen gas. It can be generated with the help of various domestic resources, including fossil fuels, bio mass, and water electrolysis with electricity.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Hydrogen Generation Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The hydrogen generation market is segmented into the following categories.

    Hydrogen Generation Market Size, Share, & Forecast, by Delivery Mode Type:

    • Captive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Merchant (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hydrogen Generation Market Size, Share, & Forecast, by Process Type:

    • Steam Methane Reforming (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrolysis (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hydrogen Generation Market Size, Share, & Forecast, by Application Type:

    • Petroleum Refining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemicals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hydrogen Generation Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Hydrogen-Generation-Market-Segmentation

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    Key Players

    Some of the key players in the hydrogen generation market are-

    • Air Liquide S.A.
    • Air Products & Chemicals Inc.
    • Caloric Anlagenbau GmbH
    • Hydrogenics Corporation
    • Iwatani Corporation
    • Nel ASA
    • Nuvera Fuel Cells, LLC
    • Plug Power Inc.
    • Showa Denko K.K.
    • The Messer Group GmbH.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the process types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The hydrogen generation market is expected to witness an impressive growth of 6.5% CAGR in the foreseeable future.

    Air Liquide S.A., Air Products & Chemicals Inc., Caloric Anlagenbau GmbH, Hydrogenics Corporation, Iwatani Corporation, Nel ASA, Nuvera Fuel Cells, LLC, Plug Power Inc., Showa Denko K.K., and The Messer Group GmbH are among the key players in the hydrogen generation market.

    The merchant segment is expected to witness significant growth in the hydrogen generation market in the coming years.

    Steam methane reforming process is expected to be the fastest growing segment in the hydrogen generation market during the next five years.

    Asia-pacific is expected to be the leading hydrogen generation market during the forecast period.

    Growing consumption of crude oil coupled with increase in investments toward expanding existing refining facilities in developing economies, introduction of various policies focusing on adoption of clean fuel along with increasing investments across the refining sector are the factors driving the growth of hydrogen generation market.