Cost-Efficiency and Abundant Availability of Natural Gas to Boost On-Site Hydrogen Generator Market
Regulatory Framework Governs Demand for On-Site Hydrogen Generators in the U.S.
The vast reserves of natural gas and its availability in absolute abundance is expected to boost the adoption of on-site hydrogen generators across the U.S. region. Transparency Market Research observes, several end-users industries are demanding on-site hydrogen as they provide a cost-efficient option along with safety and security by making the operations free of hydrogen storage, cylinder handling, and routine hydrogen delivery. With this strong backing, the opportunity in the U.S. on-site hydrogen generator market is expected to be US$153.32 mn by 2023 from US$99.78 mn in 2014, surging at a steady pace of 5.0% between 2015 and 2023.
This 78 page report gives readers a comprehensive overview of the On-Site Hydrogen Generator Market. Browse through 34 figures to unlock the hidden opportunities in this market@
http://www.transparencymarketresearch.com/us-onsite-hydrogen-generator-market.html
Non-Alkaline Technology to Lead due to its Cost-Efficiency
The on-site hydrogen generators based on non-alkaline technology held a leading share of 67% in the overall market in 2014. The non-alkaline technology will continue to lead the market with a CAGR of 4.7% in the forecast period. This technology will garner bigger revenues due to the technology it uses, which is able to deliver reliable, portable, purer, and cost-effective hydrogen production.
The on-site hydrogen generators that have a flow rate of <100Nm3/h are leading the market due to their remarkable efficiency and compactness. These generators are competing with generators that have a flow rate of 100-2,000Nm3/h. In the near future, hydrogen generators that have a range of 100-2,000Nm3/h will emerge as leading generators due to their increasing adoption in various industrial verticals.
Increasing Use of Hydrogen in Industrial Applications to Provide Substantial Opportunity
The stringent environmental regulatory framework that is aimed at reducing carbon footprint is expected to boost the demand for hydrogen in making petrochemicals, fertilizers, and as an important energy carrier. The demand for hydrogen will also be felt amongst the specialty chemical manufacturers and refiners for meeting the production levels of cleaner products. All of these factors are expected to propel the installations of on-site hydrogen generators across the U.S.
The rise of the on-site hydrogen generator market in the U.S. will also be driven by the need for reducing the dependency on conventional sources of energy and adopting cleaner fuel sources. The decreasing quality of crude oil will also be responsible for the emergence of this market in the near future. The increasing usage of hydrogen in various industrial applications will also provide a massive boost to the overall market.
Get accurate market forecast and analysis on the On-Site Hydrogen Generator Market. Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9134
The non-alkaline on-site hydrogen generators are known to use steam reforming technology and proton exchange membrane (PEM) electrolysis. These generators are especially being preferred for applications such as reducing gas chromatography, metals, and annealing as they need pure hydrogen, which is achievable through PEM electrolysis.
The vast reserves of natural gas and its availability in absolute abundance is expected to boost the adoption of on-site hydrogen generators across the U.S. region. Transparency Market Research observes, several end-users industries are demanding on-site hydrogen as they provide a cost-efficient option along with safety and security by making the operations free of hydrogen storage, cylinder handling, and routine hydrogen delivery. With this strong backing, the opportunity in the U.S. on-site hydrogen generator market is expected to be US$153.32 mn by 2023 from US$99.78 mn in 2014, surging at a steady pace of 5.0% between 2015 and 2023.
This 78 page report gives readers a comprehensive overview of the On-Site Hydrogen Generator Market. Browse through 34 figures to unlock the hidden opportunities in this market@
http://www.transparencymarketresearch.com/us-onsite-hydrogen-generator-market.html
Non-Alkaline Technology to Lead due to its Cost-Efficiency
The on-site hydrogen generators based on non-alkaline technology held a leading share of 67% in the overall market in 2014. The non-alkaline technology will continue to lead the market with a CAGR of 4.7% in the forecast period. This technology will garner bigger revenues due to the technology it uses, which is able to deliver reliable, portable, purer, and cost-effective hydrogen production.
The on-site hydrogen generators that have a flow rate of <100Nm3/h are leading the market due to their remarkable efficiency and compactness. These generators are competing with generators that have a flow rate of 100-2,000Nm3/h. In the near future, hydrogen generators that have a range of 100-2,000Nm3/h will emerge as leading generators due to their increasing adoption in various industrial verticals.
Increasing Use of Hydrogen in Industrial Applications to Provide Substantial Opportunity
The stringent environmental regulatory framework that is aimed at reducing carbon footprint is expected to boost the demand for hydrogen in making petrochemicals, fertilizers, and as an important energy carrier. The demand for hydrogen will also be felt amongst the specialty chemical manufacturers and refiners for meeting the production levels of cleaner products. All of these factors are expected to propel the installations of on-site hydrogen generators across the U.S.
The rise of the on-site hydrogen generator market in the U.S. will also be driven by the need for reducing the dependency on conventional sources of energy and adopting cleaner fuel sources. The decreasing quality of crude oil will also be responsible for the emergence of this market in the near future. The increasing usage of hydrogen in various industrial applications will also provide a massive boost to the overall market.
Get accurate market forecast and analysis on the On-Site Hydrogen Generator Market. Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9134
The non-alkaline on-site hydrogen generators are known to use steam reforming technology and proton exchange membrane (PEM) electrolysis. These generators are especially being preferred for applications such as reducing gas chromatography, metals, and annealing as they need pure hydrogen, which is achievable through PEM electrolysis.

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