Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020
- Submitted by: veronicasavio
- Views: 194
- Category: Other
- Date Submitted: 03/03/2015 12:41 AM
- Pages: 4
- Report this Essay
Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020 Persistence Market Research Released New Market Report on “Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020”.
Hydrogen is small the stumpy mass and is readily available in the atmosphere. Good efficiency and ecofriendly nature of hydrogen are factors driving the growth of this market across the globe. Hydrogen can either be used as a chemical or a fuel. Initially, hydrogen was only used in industries such as chemical processing, petroleum recovery & refining, metal production & fabrication, and aerospace. Hydrogen is emerging as a popular fuel, and, in turn, is expected to creat opportunities for this industry in the near future. As a fuel, hydrogen is either burned directly or used in fuel cells. Hydrogen has high calorific value which is used to generate electricity through its reaction with oxygen in fuel cells. Hydrogen fuel cells are considered to be eco-friendly as the reaction occurs in electrochemical cells, wherein the only byproduct is water.
Buy Full Report: http://www.persistencemarketresearch.com/market-research/hydrogenmarket.asp
Hydrogen can be produced through two different arrays: captive production (produced and consumed onsite) and merchant production (produced at one site and consumed at another). Oil refineries, ammonia plants, methanol plants, and chlorine plants are the major captive producers of hydrogen. Out of these, oil refineries and ammonia plants are the leading producers of hydrogen. Demand for merchant hydrogen is growing at a slower pace than that of captive hydrogen. This is because small scale hydrogen consumers, the target customer base for merchant hydrogen producers, prefer to purchase hydrogen from small-scale captive plants. Refineries and...
Persistence Market Research
Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020 Persistence Market Research Released New Market Report on “Hydrogen Market: Global Industry Analysis and Forecast 2014 - 2020”.
Hydrogen is small the stumpy mass and is readily available in the atmosphere. Good efficiency and ecofriendly nature of hydrogen are factors driving the growth of this market across the globe. Hydrogen can either be used as a chemical or a fuel. Initially, hydrogen was only used in industries such as chemical processing, petroleum recovery & refining, metal production & fabrication, and aerospace. Hydrogen is emerging as a popular fuel, and, in turn, is expected to creat opportunities for this industry in the near future. As a fuel, hydrogen is either burned directly or used in fuel cells. Hydrogen has high calorific value which is used to generate electricity through its reaction with oxygen in fuel cells. Hydrogen fuel cells are considered to be eco-friendly as the reaction occurs in electrochemical cells, wherein the only byproduct is water.
Buy Full Report: http://www.persistencemarketresearch.com/market-research/hydrogenmarket.asp
Hydrogen can be produced through two different arrays: captive production (produced and consumed onsite) and merchant production (produced at one site and consumed at another). Oil refineries, ammonia plants, methanol plants, and chlorine plants are the major captive producers of hydrogen. Out of these, oil refineries and ammonia plants are the leading producers of hydrogen. Demand for merchant hydrogen is growing at a slower pace than that of captive hydrogen. This is because small scale hydrogen consumers, the target customer base for merchant hydrogen producers, prefer to purchase hydrogen from small-scale captive plants. Refineries and...