DALLAS, September 30, 2014 /PRNewswire/ --

The report "Hydrogen Generation Market by Geography, by Mode of Generation & Delivery, by Applications and by Technology - Global Trends & Forecasts to 2019", published by MarketsandMarkets, defines and segments the global Hydrogen Generation Market with an analysis and forecast of the revenue. The Hydrogen Generation Market will grow from an estimated $103.5 Billion in 2014 to $138.2 Billion by 2019, with a CAGR of 5.9%.

Browse 88 market data tables with 43 figures spread through 150 pages and in-depth TOC on "Hydrogen Generation Market - Global Trends & Forecasts to 2019".

http://www.marketsandmarkets.com/Market-Reports/hydrogen-generation-market-494.html

Early buyers will receive 10% customization on this report. 

Asia-Pacific: Largest Market for Hydrogen Generation 

Asia & Oceania is estimated to be the largest market in hydrogen generation followed by Europe & Eurasia and North America. Asia & Oceania is expected to grow at a CAGR of 5.8% till 2019, followed by Europe & Eurasia along with, North America with the growth rate of 4.3% and 5.8% respectively from 2014 to 2019.

Refinery Hydrogen Production: Biggest Market by Applications 

Refining industry is the biggest hydrogen consumer with 48% of total consumption share in 2014. Ammonia industry is second with 43% share. These top two industries have consumed 91% of total on-purpose hydrogen in 2014. The main regions driving for the growth of refinery hydrogen production are Asia & Oceania. Hydrogen has a variety of applications ranging from petroleum recovery and refining to chemical and fertilizer production, metal production and fabrication, food processing, electronics, fuel cells, pharmaceutical, aerospace, glass production, welding, and R&D labs, among others. Global on-purpose hydrogen production market is estimated to grow with CAGR of 5.4% in 2019, during the same period. Refinery application is expected to be the highest growth contributor with a CAGR of 5.8%, followed by Methanol with 4.9%, during 2014-2019. Refinery hydrogen production is projected to grow due to the increasing demand for petroleum products from developing countries like India and China, and tightening norms to reduce sulfur content in those regions.

Captive Hydrogen Production: By Mode of Delivery & Generation 

When hydrogen is generated at the point of consumption, it is known as on-site generation. If hydrogen is not generated on-site, it is produced using a centralized plant and then delivered with the help of various delivery methods such as pipeline, cylinders, and trailers. Usually, merchant producers cater to customers with small scale hydrogen requirements. However, a small number of customers in the same segment prefer to buy hydrogen generation plants instead of buying from a third party. It is very difficult to segregate these customers and hence, all small on-site production is clubbed under merchant section. The merchant production market is growing at a CAGR of 9.6% whereas; the captive production market is growing at a CAGR of 5.4% from 2014 to 2019.

Further Inquiry:  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=494 

Nowadays, hydrogen for industrial purposes is produced by steam reforming of natural gas or methane. This production technology is widely used, due to easy availability and low prices of natural gas. Partial oxidation of petroleum oil is second in production capacity after steam reforming of natural gas. The third largest production technology, in terms of production capacity is gasification of coal. Apart from these three processes (technology), there are a number of methods by which hydrogen can be produced.

Browse related reports 

Fuel Cell Technology Market by Type (PEMFC, MCFC, SOFC, DMFC, PAFC, OTHERS), by Application (Stationary, Portable, Transportation) and Geography - Global Trends and Forecasts till 2019

http://www.marketsandmarkets.com/Market-Reports/fuel-cell-market-348.html

Micro Combined Heat & Power (M-CHP) (Microgeneration) Market by Technology (Stirling Engine, Organic Rankine Cycle Engine, Internal Combustion Engine, PEMFC and SOFC), by Application (Residential and Commercial) & by Geography - Market Trends & Forecasts (2014 - 2019)

http://www.marketsandmarkets.com/Market-Reports/micro-chp-market-419.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, Agriculture Industry, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan

North - Dominion Plaza

17304 Preston Road

Suite 800, Dallas, TX 75252

Tel: +1-888-600-6441

Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power

SOURCE MarketsandMarkets