On May 27, the companies signed a joint venture contract, which regulates the formation of the joint venture company Styrolution. The establishment of the joint venture is subject to approval by the appropriate antitrust authorities.
Company Snapshot Figure 40 Iwatani Corporation: Company Snapshot Figure 43 Hydrogenics Corporation: Company Snapshot Figure 49 Praxair, Inc.: Business Strategy Scorecard Figure 69 Hygear: Product Offering Scorecard Figure 70 Hygear: This growth is attributed to government regulations for the desulfurization of petroleum products and a rising demand for hydrogen as a transportation fuel.
The report segments the hydrogen generation market, by generation type, into captive and merchant. The captive segment dominated the generation and delivery type market owing to demand from petroleum refineries to reduce the sulfur content in fuel. The captive generation type segment is also employed in many large scale industries such as the chemical, pharmaceutical, metals, fuel cells, and IC engines industry.
Based on technology, the hydrogen generation market is segmented into steam methane reforming, partial oxidation of oil, gasification of coal, and electrolysis of water.
The steam methane reforming segment is the largest segment of the hydrogen generation market owing to the easy availability of raw material, i.
The hydrogen generation market has also been segmented, based on application, into petroleum refinery, ammonia production, methanol production, and others. The petroleum refinery segment dominated the application market owing to the increasing demand for the desulfurization of fuel called for by government regulations.
This will also drive the segment during the forecast period. The market in Asia-Pacific is expected to dominate the global hydrogen generation market during the forecast period.
Hydrochloric acid is a strong corrosive acid that is commonly used as a laboratory reagent. It is formed by dissolving hydrogen chloride in water. Investigation and assessment of the future use of merchant hydrogen as an industrial gas and the roles likely played by the emerging hydrogen energy market. Analysis of trends in the market, with data for , estimates for , and projected compound annual growth rates (CAGRs) through Greentech Media delivers renewable energy news, market analysis, and conferences that inform and connect players in the global clean tech energy market.
The Middle Eastern market is projected to grow at the highest CAGR, from toowing to a rising need for the desulfurization of fuel due to government regulations in the region. The high cost of hydrogen as a fuel and the lack of proper distribution and transportation infrastructure are expected to restrain the growth of the hydrogen generation market during the forecast period.
FranceAir Products and Chemicals, Inc.
Japanand Hydrogenics Corporation Canadaamong others. Production capacity of every industry in the U.
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“Hydrogen Generation Market Size By Delivery Mode (Captive, Merchant), By Process (Steam Reformer, Electrolysis), By Application (Petroleum Refinery, Chemical. Hydrogen Generation Market by Generation and Delivery Mode (Captive and Merchant), Application (Petroleum Refinery, Ammonia Production, and Methanol Production), Technology (Steam Methane Reforming and Coal Gasification), and Region - Global Forecasts to Hydrochloric acid is a strong corrosive acid that is commonly used as a laboratory reagent.
It is formed by dissolving hydrogen chloride in water. Air Liquide aims to deliver innovative gas solutions and technologies to customers, driving their performance and helping them reduce their environmental impact.
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