Hydrogen Generation Technologies: Current State and Future Developments

Hydrogen use in applications such as fuel cells, chemical processing, refining, petroleum recovery, and others is anticipated to grow considerably throughout the forecast period. This is due to enforcement stringent environmental regulations. Moreover, chemical processing as well as refining industries are the major consumers of hydrogen. Also, Oil & gas refineries demand hydrogen to lower the sulfur content of diesel for reducing sulfur content.

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Furthermore, chemical processing industry uses hydrogen to process methanol, ammonia, as well as other chemicals in a petrochemical complex. Also, fuel cells are evolving technologies that are currently used as a source of heat and electricity in buildings as well as commercial sector. The demand for hydrogen by these industries are bolstering the growth of the market.

Also, the demand for cleaner fuels and decreasing quality of crude oil are the factors driving the market for hydrogen generation. However, inadequate distribution & transport infrastructure and being hydrogen expensive than other fossil fuels are factors restraining the market growth.

Top Manufacturers

Air Products and Chemicals, Inc.
Hydrogenics Corporation
Ally Hi-Tech Co., Ltd.
Caloric Anlagenbau GmbH
Erredue S.P.A.
Hy9 Corporation
Taiyo Nippon Sanso Corporation
Xebec Adsorption Inc.
Iwatani Corporation
Air Liquide S.A.

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