Hydrogen Generation Market - by Merchant & Captive Type, Distributed & Centralized Generation, Application & Technology
Hydrogen Generation Market - by Merchant & Captive Type, Distributed & Centralized Generation, Application & Technology - Trends & Global Forecasts (2011 - 2016)
On 3rd April 2014
Hydrogen has number of applications from chemical processing, petroleum recovery and refining, metal production and fabrication, aerospace, and fuel cells. The sectors which impose the largest demand for hydrogen are petroleum refinery and ammonia production while automotive fuel is an emerging sector with huge potential in the future. Hydrogen can be generated by the company itself which is utilizing it and can also be purchased from hydrogen producers (other company). The former one called the captive production while later one is known as merchant production.
Market size of global hydrogen production is estimated to 53 million metric tons in 2010, in which 12% is shared by merchant hydrogen and rest with captive production. With decreasing sulfur level in petroleum products, lowering crude oil quality and rising demand of hydrogen operated fuel cell applications, global hydrogen production volume is forecasted to grow by compound annual growth rate (CAGR) of 5.6% during 2011 2016. Hydrogen production market in terms of value is estimated to be $82.6 billion in 2010.
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Hydrogen is either produced centrally or on-site. On-site generation (also known as distributed generation) eliminates number of problems associated with transportation and delivery and thus market for on-site generation system is growing significantly. Also, in recent years, small scale on-site generation option has become more lucrative since new on-site hydrogen generation technologies offering low cost when compared to delivered merchant hydrogen. When hydrogen is produced using a centralized plant, it has to be delivered to the point of
On 3rd April 2014
Hydrogen has number of applications from chemical processing, petroleum recovery and refining, metal production and fabrication, aerospace, and fuel cells. The sectors which impose the largest demand for hydrogen are petroleum refinery and ammonia production while automotive fuel is an emerging sector with huge potential in the future. Hydrogen can be generated by the company itself which is utilizing it and can also be purchased from hydrogen producers (other company). The former one called the captive production while later one is known as merchant production.
Market size of global hydrogen production is estimated to 53 million metric tons in 2010, in which 12% is shared by merchant hydrogen and rest with captive production. With decreasing sulfur level in petroleum products, lowering crude oil quality and rising demand of hydrogen operated fuel cell applications, global hydrogen production volume is forecasted to grow by compound annual growth rate (CAGR) of 5.6% during 2011 2016. Hydrogen production market in terms of value is estimated to be $82.6 billion in 2010.
Buy this report OR Know more : http://www.jsbmarketresearch.com/energy-utilities/r-Hydrogen-Generation-Market-by-Merchant-Captive-Type-Distributed-Centralized-Generation-107003
Hydrogen is either produced centrally or on-site. On-site generation (also known as distributed generation) eliminates number of problems associated with transportation and delivery and thus market for on-site generation system is growing significantly. Also, in recent years, small scale on-site generation option has become more lucrative since new on-site hydrogen generation technologies offering low cost when compared to delivered merchant hydrogen. When hydrogen is produced using a centralized plant, it has to be delivered to the point of