New York, June 18, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of Clean Hydrogen Market – Global Outlook and Forecast 2021-2026 report – https://www.reportlinker.com/p06096849/?utm_source = GNW
01% in the period 2020â2026.
The market should grow steadily in the coming year. Increasing global warming due to the maximum emission of carbon dioxide into the environment from traffic, industry and power generation are the main factors driving the demand for clean hydrogen. The APAC region has the highest contribution to carbon dioxide emissions to the environment, followed by North America. In order to curb vehicle emissions and reduce air pollution, the demand for fuel cell vehicles is increasing in the regions. The hydrogen can be used to charge these FCV vehicles and there is now a wide variety of clean hydrogen in transportation applications.
The following factors are likely to contribute to the growth of the clean hydrogen market during the forecast period:
â¢ Growing benefits of clean hydrogen
â¢ Increase cost competitiveness in the clean hydrogen market
â¢ Wider use of hydrogen and benefits for the electricity system
â¢ Impact of support for government policies
The report takes into account the current scenario of the Clean Hydrogen market and its market dynamics for 2020-2026. It provides a detailed overview of several market growth factors, restraints, and trends. The study covers both the demand and supply side of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
CLEAN HYDROGEN MARKET SEGMENTATION
The Clean Hydrogen market research report has detailed segmentation by technology, end-user, and geography. The alkaline electrolyzer is one of the easiest ways to generate hydrogen because it produces 99.9% pure gas. The electrodes used in the techniques are sturdy zirconia-based diaphragms and nickel-plated stainless steel. The alkaline electrolyzer is expected to grow because of its low price compared to other electrolyzers. PEM electrolysis is more dynamic and responds to changing power consumption requirements than an alkaline electrolyser. The key components of the PEM electrolyzer are the bipolar plates with flow channels, current collectors and the membrane-electrode unit. The market for PEM electrolysers will also increase during the forecast period as it provides the pure form of hydrogen. Many companies and government agencies consider PEM to be the most suitable electrolyser for generating hydrogen in the years to come.
The transport sector contributed the largest share of the total green hydrogen market in 2020 with 45.20%. While some companies sell hydrogen cars in selected countries, more and more automakers around the world are opting for battery-powered electric vehicles. A project advised by the European Network of Electricity Transmission System Operators (ENTSO-E) aims to increase this fleet to 50,000 taxis in Paris by 2030 as part of a billion dollar investment to expand hydrogen storage capacity by 11 GWh in the city.
Segmentation by technology
â¢ Alkaline electrolyzer
â¢ PEM electrolyzer
â¢ SOE electrolyzer
Segmentation by end user
â¢ Power generation
INSIGHTS THROUGH GEOGRAPHY
Germany, France, Spain, the Netherlands and others have already published a national hydrogen strategy and clean hydrogen as energy efficient strategies. Clean hydrogen projects are in full swing as several companies have announced major low-carbon or carbon-free hydrogen projects in Europe. In Europe, the federal government wants to produce around 90 to 110 Tw of hydrogen by 2030.
Segmentation by geography
o Great Britain
â¢ North America
o South Korea
â¢ Middle East and Africa
o Saudi Arabia
â¢ Latin America
Key players such as Linde Plc, Air Liquide and others are involved in several ongoing sustainability partnerships in the world market. Companies with better technical and financial resources can develop innovative products that could threaten competing products. Providers must develop new technologies and keep pace with upcoming innovations in order to have a competitive advantage over other providers. The need for clean hydrogen in industry will arise due to its zero emission of carbon dioxide to the environment and create lucrative market opportunities.
â¢ Linde plc
â¢ Air Liquide
â¢ Uniper SE
â¢ Siemens energy
Other prominent providers
â¢ Air Products Inc
â¢ Clean hydrogen system
â¢ Cummins Inc
â¢ Toshiba Energy System & Solution Corporation
â¢ Nel ASA
â¢ SGH2 energy
â¢ Green hydrogen
â¢ Fuel cell energy
â¢ Plug-in power supply
â¢ ACWA performance
â¢ CWP Global
â¢ Hytech power
â¢ Ballard Power System
â¢ Flower energy
â¢ Rouge H2 Engineering GmbH
KEY QUESTIONS ANSWERED:
1. How big will the clean hydrogen market be by 2026?
2. Which segment has the largest market share of clean hydrogen?
3. Who are the top clean hydrogen companies in the market?
4. What are the factors driving the green hydrogen market?
5. Which region is expected to hold the highest market share in the Clean Hydrogen market?
Read the full report: https://www.reportlinker.com/p06096849/?utm_source=GNW
Via report linker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all the market research you need – instantly and in one place.