Hydrogen as a Chemical Constituent and as an Energy Source
The U.S. market for hydrogen feedstock should increase from 14.8 million metric tons in 2018 to 17.2 million metric tons in 2023 at a compound annual growth rate (CAGR) of 3.1% for 2018-2023.
- 40 tables
- An overview of the global market for hydrogen as a chemical constituent and as an energy source
- Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023.
- Detailed description about cutting-edge developments in areas such as nanotechnology, biological processing, and others
- Identification of key hydrogen technologies and applications that yield potential business opportunities in the hydrogen industry
- Review of global environmental and energy regulations
- Company profiles of the major players of the industry, including Accentus Plc, Advanced Materials Corp., Bloom Energy Corp., Exxonmobil, General Hydrogen, Hydrogenics Corp., Shell Oil, Toshiba Corp., Toyota Motors, Valero Energy Corp., United Hydrogen Group and Ztek Corp.
This BCC Research report focuses on key hydrogen technologies and applications. It provides data on the size and growth of both captive and merchant hydrogen markets, company profiles, patent trends, and industry trends. Cutting-edge developments, research priorities and potential business opportunities are a key focus.
The report focuses on the following:
- The structure of the hydrogen industry, its driving forces, its competitive aspects, market segmentation, distribution channels, pricing, and technology.
- Analysis of global market trends, with data for 2017, estimates for 2018 and projections of compound annual growth rates (CAGRs) through 2023.
- Assessment of hydrogen demand, with five-year forecasts.
- Reviews of global environmental and energy regulations.
- Company profiles.
- Patent activity.
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
The U.S. market for hydrogen as a chemical constituent and as an energy source was valued at $22 billion in 2010. This market is expected to increase at a 3% compound annual growth rate (CAGR) to reach a value of $25.5 billion in 2015.
The total U.S. hydrogen demand will increase from 10,977.0 billion cubic feet in 2002 at an average annual growth rate (AAGR) of 5.5%
In 2007, petrochemicals/agro-chemicals production will represent 93.18% of total hydrogen demand.
Industrial hydrogen demand will increase to 743.7 billion cubic feet in 2007.
Renewable energy hydrogen demand will grow at an AAGR of 3.4%.