Title: Hydrogen Market
1Hydrogen Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- According to the findings in the World Oil
Outlook, 2018 by the Organization of Petroleum
Exporting Countries (OPEC), the total primary
energy requirement was valued to be 276 Mboe/d in
2015, and the organization has projected the
demand to attain 298.2 Mboe/d mark in 2020, 339.4
Mboe/d in 2030, and a massive figure of 371.6
Mboe/d in 2040.
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Key Takeaways
- The key application of hydrogen is found to be in
ammonia production. According to the
International Trade Center (ITC), the global
trade of ammonia was valued to be 6,382,688
thousand in 2018, and the future foresees
increased demand for ammonia in the HVAC sector
as it is used as a refrigerant. - The demand for hydrogen in ammonia production is
projected to increase with a CAGR of 2.5 through
to 2025.
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By Distribution Channel- Segment Analysis Even
though hydrogen has penetrated in many
industries, but hydrogen fuel cells are still
facing challenges due to their high capital cost.
Furthermore, their installation cost is
exorbitant which dwarfs the hydrogen market size.
However, the vendors are trying to cut the cost
by reducing the material or exploring low-cost
material. Reducing the complexity of the
integrated system and minimization of temperature
constraints which adds cost to the system can
ameliorate the problem.
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- Hydrogen Market Industry Outlook
- INOX Air Products Ltd.,
- Airgas, Inc.,
- Air Liquide S.A.,
- Hydrogenics Corporation,
- Iwatani Corporation,
- Linde AG,
- Messer Group GmbH, and
- Praxair, Inc.
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Hydrogen Market - Forecast (2021 2026) Learn
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com/Research/Hydrogen-Market-Research-501664
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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/purchasereport.php?id501664
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com