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  • Blast Monitoring Equipment Market Forecast Based on Major Drivers & Trends Up to 2031
    The Global Blast Monitoring Equipment Market Size is predicted to be valued at $412.7 million by 2031, surging from $253.3 million in 2021, at a CAGR of 5.2%. Impact Analysis of COVID-19 on the Blast Monitoring Equipment Market The pandemic of COVID-19 had a significant impact on the blast monitoring equipment industry. The COVID-19 pandemic and its spread have caused significant...
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  • Global Hydrogen Generation Market 2022 intelligence by Players: Air Liquide S.A.,Cummins Inc.,Linde plc, etc.

    The global hydrogen generation market is predicted to be valued at $212,877.4 million by 2028, surging from $126,200.0 million in 2020, at a noteworthy CAGR of 6.9%.

    Global Hydrogen Generation Market Analysis
    The growing popularity of green hydrogen projects across the world that could save 830 million tons of CO2 emitted annually by burning of fossil fuels is a major driver for hydrogen generation market growth. Green hydrogen is produced via electrolysis of renewable energy sources such as solar and wind power which involves breaking down of water molecules into hydrogen and oxygen. Hence, it is a clean energy source that emits only water vapor as a by-product and leaves no harmful residue in the air such as greenhouse gases. Hence, green hydrogen production process is 100% sustainable that can help economies in achieving carbon neutrality goals.

    Access an Exclusive PDF Sample of Hydrogen Generation [email protected] https://www.researchdive.com/download-sample/3647

    Global Hydrogen Generation Market, Segmentation
    The global hydrogen generation market is segmented based on source, type, technology application, end-use industry, and region.

    Type:

    The technology segment is further classified into merchant and captive. Among these, the merchant hydrogen generation sub-segment is anticipated to have a dominant market share and shall surpass $138,331.3 million by 2028, with an increase from $80,101.7 million in 2020. Merchant hydrogen is produced by one company for sale to another. Merchant hydrogen provides hydrogen to various industrial processes and can be used in jet fuel, metals, plastics, gasoline, pharmaceutical, food oil, and fertilizer manufacturing processes. The merchant hydrogen which is generated in a central production facility or at site is sold to the consumers via bulk tank, pipeline, or cylinder truck delivery. For instance, in the U.S. more than 80% of the merchant hydrogen produced is sold to refineries for naphtha hydrotreating, hydrocracking, fluid catalytic cracking (FCC), ultra-low sulfur diesel hydrotreating, and others.

    Application:

    The application segment is further classified into oil refining, chemical processing, iron & steel production, and others. Among these, the oil refining sub-segment is anticipated to have a dominant market share and shall surpass $87,682.7 million by 2028, with an increase from $49,313.4 million in 2020. Hydrogen has wide range of application in oil refining process where refineries use hydrogen to lower sulfur content from the diesel fuel. The demand for hydrogen has increased in oil refineries sector owing to rise in demand for diesel fuel both domestically and internationally. Most of the hydrogen required by oil refineries is procured from merchant suppliers rather than producing it on-site. At present, the oil refineries are being compelled to dig deeply into the dregs of remaining resources due to which it is necessary to reduce the sulfur content from these crudes. Hence, hydrogen plays a critical role in converting this poor-quality crude oil into lighter crudes to meet the market demand and environmental regulations.

    End-use Industry:

    End-use industry segment is further classified into transportation, power generation, and buildings. Among these, the transportation sub-segment is anticipated to have a dominant market share and shall surpass $135,592.9 million by 2028, with an increase from $76,445.7 million in 2020. Hydrogen is widely used in transportation sector in the form of hydrogen fuel cells. In hydrogen fuel cells, the electricity is produced onboard the vehicle through chemical process without combustion. Also, with the hydrogen fuel cells, vehicles can travel a range of 300-400 miles on a single tank of hydrogen and it can be refueled in three-five minutes. Hence, these fuel cells support emission free driving of an electric vehicle with the convenience and efficiency similar to an internal combustion engine. Also, these fuel cell electric vehicles (FCEVs) are three to four times more efficient than conventional vehicles and can be produced renewably via electrolysis of water.

    Triangulate with your own data of Hydrogen Generation [email protected] https://www.researchdive.com/request-for-customization/3647

    Key Players in the Global Hydrogen Generation Market
    Some of the leading hydrogen generation market players are

    Air Liquide S.A.
    Cummins Inc.
    Linde plc
    Air Products and Chemicals, Inc.
    Iwatani Corporation
    Engie SA
    ITM Power plc
    Messer Group
    Showa Denko
    Uniper SE.

    Post COVID-19 Impacts on Hydrogen Generation Market, Get in touch with Expert [email protected] https://www.researchdive.com/connect-to-analyst/3647
    Global Hydrogen Generation Market 2022 intelligence by Players: Air Liquide S.A.,Cummins Inc.,Linde plc, etc. The global hydrogen generation market is predicted to be valued at $212,877.4 million by 2028, surging from $126,200.0 million in 2020, at a noteworthy CAGR of 6.9%. Global Hydrogen Generation Market Analysis The growing popularity of green hydrogen projects across the world that could save 830 million tons of CO2 emitted annually by burning of fossil fuels is a major driver for hydrogen generation market growth. Green hydrogen is produced via electrolysis of renewable energy sources such as solar and wind power which involves breaking down of water molecules into hydrogen and oxygen. Hence, it is a clean energy source that emits only water vapor as a by-product and leaves no harmful residue in the air such as greenhouse gases. Hence, green hydrogen production process is 100% sustainable that can help economies in achieving carbon neutrality goals. Access an Exclusive PDF Sample of Hydrogen Generation [email protected] https://www.researchdive.com/download-sample/3647 Global Hydrogen Generation Market, Segmentation The global hydrogen generation market is segmented based on source, type, technology application, end-use industry, and region. Type: The technology segment is further classified into merchant and captive. Among these, the merchant hydrogen generation sub-segment is anticipated to have a dominant market share and shall surpass $138,331.3 million by 2028, with an increase from $80,101.7 million in 2020. Merchant hydrogen is produced by one company for sale to another. Merchant hydrogen provides hydrogen to various industrial processes and can be used in jet fuel, metals, plastics, gasoline, pharmaceutical, food oil, and fertilizer manufacturing processes. The merchant hydrogen which is generated in a central production facility or at site is sold to the consumers via bulk tank, pipeline, or cylinder truck delivery. For instance, in the U.S. more than 80% of the merchant hydrogen produced is sold to refineries for naphtha hydrotreating, hydrocracking, fluid catalytic cracking (FCC), ultra-low sulfur diesel hydrotreating, and others. Application: The application segment is further classified into oil refining, chemical processing, iron & steel production, and others. Among these, the oil refining sub-segment is anticipated to have a dominant market share and shall surpass $87,682.7 million by 2028, with an increase from $49,313.4 million in 2020. Hydrogen has wide range of application in oil refining process where refineries use hydrogen to lower sulfur content from the diesel fuel. The demand for hydrogen has increased in oil refineries sector owing to rise in demand for diesel fuel both domestically and internationally. Most of the hydrogen required by oil refineries is procured from merchant suppliers rather than producing it on-site. At present, the oil refineries are being compelled to dig deeply into the dregs of remaining resources due to which it is necessary to reduce the sulfur content from these crudes. Hence, hydrogen plays a critical role in converting this poor-quality crude oil into lighter crudes to meet the market demand and environmental regulations. End-use Industry: End-use industry segment is further classified into transportation, power generation, and buildings. Among these, the transportation sub-segment is anticipated to have a dominant market share and shall surpass $135,592.9 million by 2028, with an increase from $76,445.7 million in 2020. Hydrogen is widely used in transportation sector in the form of hydrogen fuel cells. In hydrogen fuel cells, the electricity is produced onboard the vehicle through chemical process without combustion. Also, with the hydrogen fuel cells, vehicles can travel a range of 300-400 miles on a single tank of hydrogen and it can be refueled in three-five minutes. Hence, these fuel cells support emission free driving of an electric vehicle with the convenience and efficiency similar to an internal combustion engine. Also, these fuel cell electric vehicles (FCEVs) are three to four times more efficient than conventional vehicles and can be produced renewably via electrolysis of water. Triangulate with your own data of Hydrogen Generation [email protected] https://www.researchdive.com/request-for-customization/3647 Key Players in the Global Hydrogen Generation Market Some of the leading hydrogen generation market players are Air Liquide S.A. Cummins Inc. Linde plc Air Products and Chemicals, Inc. Iwatani Corporation Engie SA ITM Power plc Messer Group Showa Denko Uniper SE. Post COVID-19 Impacts on Hydrogen Generation Market, Get in touch with Expert [email protected] https://www.researchdive.com/connect-to-analyst/3647
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  • Benzenoid Market to Witness Comprehensive Growth by 2028
     The global benzenoid market is predicted to be valued at $1,710.3 million by 2028, surging from $1,146.0 million in 2020, at a noteworthy CAGR of 5.2%. COVID-19 Impact on Benzenoid Market The coronavirus outbreak has disrupted the functioning of various businesses globally. However, the benzenoid market has experienced stable demand from end-use industries namely household care...
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  • Global Tobacco Market Development and Forecast Report 2028
    The tobacco market is estimated to be valued at $901,361.8 million by 2028, surging from $744,167.80 million in 2020, at a noteworthy CAGR of 2.5%.   Tobacco Market Analysis Rising prevalence of tobacco products consumptions such as cigarettes, cigars, and snuff among people due to high stress, anxiety, and depression is expected to drive the market of tobacco in the forecast...
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  • Global In-game Advertising Market Research Insights 2022-2030 key players |Playwire LLC,RapidFire Inc.,WPP Plc., etc.
    The global in-game advertising market is estimated to be valued at $17,591.6 million by 2030, surging from $6,816.6 million in 2021, at a noteworthy CAGR of 11.0%.   Global In-game Advertising Market Analysis The market for in-game advertising is gaining traction in a variety of industries. The growing number of internet users and the widespread adoption of smartphones &...
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  • In-person Learning Market Report 2022 Global Industry Statistics & Regional Outlook to 2028
    The global in-person learning market is estimated to be valued at $38,220.5 million by 2028, surging from $18,009.1 million in 2020, at a noteworthy CAGR of 10.3%.   Global In-person Learning Market Analysis In recent years, the number of students preparing for competitive exams and higher studies has increased significantly. Furthermore, the growing importance of education has...
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  • Hospitality Robots Market 2022 Share and Forecast to 2028
    According to the hospitality robots market forecast, the global market size is estimated to cross $17,10,879.9 thousand by 2028, growing from $2,81,500.0 thousand in 2020, at a healthy CAGR of 25.7%.   Global Hospitality Robots Market Analysis Massive improvisation in the travel & tourism and hospitality sectors along with notable adoption of robotic automation in the...
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  • Electric Wheel Chair Market Research 2022: Region Wise Analysis of Top Players in Market by Its Types and Application
    According to the electric wheel chair market forecast, the global market size is estimated to cross $4,817.6 million by 2028, growing from $2,598.3 million in 2020, at a healthy CAGR of 8.2%.   Global Electric Wheel Chair Market Analysis The global electric wheel chair market witnessed extensive growth mainly owing to the supportive governmental policies. Most of the developed as...
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  • Charcoal Facewash Market Report 2022: Top Company, Trends and Future Forecasts Details Till 2028
    The global charcoal facewash market is predicted to be valued at $4,607.2 million by 2028, surging from $3,106.5 million in 2020, at a noteworthy CAGR of 5.1%. Global Charcoal Facewash Market Analysis The digital transformation towards online shopping and the emergence of e-commerce platforms are major drivers of charcoal market growth. For instance, during pandemic, majority of the...
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  • Gaming Peripherals Market Size Industry Research Report, Trends and Forecasts To 2030
    The global gaming peripherals market is estimated to be valued at $14,396.40 million by 2030, surging from $6,133.50 million in 2021, at a noteworthy CAGR of 9.9%   Global Gaming Peripherals Market Analysis The interactive entertainment industry is rapidly expanding and constantly innovating new platforms to reach out to gamers all over the world. Gaming peripherals include all...
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