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Home Market Reports

Hydrogen Generation Market 2021

in Market Reports, Renewable Power

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

 

Hydrogen Generation Market by Generation & Delivery Mode (Captive, Merchant), Technology, Application , & Region – Global Forecast to 2021

The global hydrogen generation market is projected to reach USD 152.09 Billion by 2021, at a CAGR of 5.2% from 2016 to 2021. Factors responsible for the growth of the market include strict regulatory norms to desulfurize petroleum products and cleaner fuel option as hydrogen is produced by electrolysis of water using renewable energies such as wind, solar, and water. Asia-Pacific drives the market as demand for hydrogen mainly comes from petroleum refineries and for ammonia production in the region. The report, on the basis of generation & delivery mode, analyzes captive and merchant hydrogen generation, of which hydrogen generation by captive production held the largest share (value) in 2015. North America dominated the merchant hydrogen production segment in 2015, and is expected to continue to lead the market till 2021. The demand for merchant hydrogen is more in the region due to high demand growth of on-site generation plants and refueling stations (for fuel cell electric vehicles) in the U.S. and Canada.

The global hydrogen generation market has been further segmented on the basis of generation & delivery mode, application, technology, and region. The years considered for the study are as mentioned below:

  • Base Year – 2015
  • Estimated Year – 2016
  • Projected Year – 2021
  • Forecast Period – 2016 to 2021

For company profiles in the report, 2015 has been considered as the base year. However, where information is unavailable for base year, the previous year has been considered.

Research Methodology:

Extensive secondary sources; directories; and databases such as IEEE publications, press releases, investment reports, hydrogen & fuel cell reports, industry white papers, and other publicly available sources have been used to identify and collect information for this technical, market-oriented, and commercial study of the global hydrogen generation market. Below is the explained research methodology:

  • Analysis of the regional split of hydrogen production according to hydrogen applications and mode of delivery
  • Cost estimation for hydrogen delivery by various modes in different regions and arriving at the total market size using market engineering process
  • Analyzing market trends in various regions/countries supported by on-going support for hydrogen production
  • Summation of hydrogen consumption in all the regions and applications
  • Overall market size has been finalized by triangulating with the supply-side data, which include product developments, supply chain, and annual contracts for hydrogen generation plants and supply of hydrogen generators worldwide
  • The figure below shows the breakdown of the primaries on the basis of company type, designation, and region, conducted during the research study.
  • Hydrogen Generation Market


Market Ecosystem:

The value chain of the hydrogen generation market starts from its feedstock or primary energy sources. Hydrogen can be produced from these feedstock sources, which are further utilized by various hydrogen generation and production companies. Organizations that have hydrogen generation technologies can either utilize the produced hydrogen for further processes or distribute it to other market players. The hydrogen generated is used in refineries, fuel cell, for the production of ammonia and methanol, metal production and fabrication, food processing, and electronics.

Hydrogen Generation Market Stakeholders:

The stakeholders of the report include:

Primary Energy/Feedstock suppliers

  • Hydrogen Generation Equipment Manufacturers/ Hydrogen Producers (Captive/ Merchant Hydrogen Producers) – these include Air Liquide (France), Air Products & Chemicals Inc. (U.S.), Linde AG (Germany), Praxair (U.S.), Proton Energy Systems (U.S.), and Hydrogenics (Canada) among others
  • Hydrogen Distributors – these include Air Liquide (France), Air Products & Chemicals Inc. (U.S.), Linde AG (Germany), and Airgas Inc. (U.S.) among others
  • End-User/Applications – these include refinery operators, ammonia producers, methanol producers, hydrogen fuel pump developers & operators, food processing plants, and electronics manufacturers among others


Scope of the Report:

This study estimates the global market of hydrogen generation, in terms of USD till 2021

On the basis of Application

  • Petroleum Refining
  • Ammonia Production
  • Methanol Production
  • On the basis of Technology
  • Steam Methane Reforming
  • Partial Oxidation of Oil
  • Coal Gasification
  • Electrolysis of Water
  • On the basis of Generation & Delivery Mode
  • Captive Production
  • Merchant Production (on-site, pipeline, cylinder, and bulk delivery)


On the basis of Region

  • North America
  • Europe & Eurasia
  • Central & South America
  • Asia & Oceania
  • Middle East
  • Africa


Available Customization

With the market data provided above, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further analysis of the other segments for regions, such as hydrogen generation market for Asia-Pacific countries (China and India) into generation & delivery mode
  • Further breakdown of the North American market into the U.S.

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