Global Hydrogen Generation Market worth $118 Billion by 2016

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MarketsandMarkets Presents
Global Hydrogen Generation Market worth 118
Billion by 2016
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• According to a new market research report,
  Hydrogen Generation Market - by Merchant
  Captive Type, Distributed Centralized
  Generation, Application Technology - Trends
  Global Forecasts (2011 - 2016), global hydrogen
  (on-purpose) generation market will grow from
  estimated 87.5 billion in 2011 to 118 billion
  by 2016 with a CAGR of 6.2 during the same
  period.
• Browse more than 100 market data tables/figures
  and in-depth TOC on "Hydrogen Generation
  Market (2011 - 2016)", an extensive report
  with 347 pages. http//www.marketsandmarkets.com/
  Market-Reports/hydrogen-generation-market-494.html
  Early buyers will receive 10 customization on
  this report.

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• Hydrogen demand from refinery and ammonia
  industries has put the world at annual production
  of 53 million metric tons in 2010. In 2010,
  estimated market size for on-purpose hydrogen
  production was 82.7 billion. In next five years,
  during 2011 2016, when petroleum consumption is
  expected to increase by CAGR of 1.3 while
  ammonia production will rise by CAGR of 4.4,
  hydrogen production is estimated to grow by CAGR
  of 5.6. During the period, main growth drivers
  will be introduction of regulatory norms
  instructing lower sulfur level in petroleum
  products, decreasing crude oil quality, and
  search of cleaner fuel options.
• Currently, merchant hydrogen production is a
  small segment but the will be the fastest growing
  segment in the future. At present it accounts for
  only 12 of total on-purpose hydrogen generation
  but this share is estimated to increase up to 16
  by 2016.

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• Asia Oceania is the largest consumer of
  hydrogen since the region is pioneer in refinery
  capacity as well as ammonia production capacity.
  After refinery and ammonia production, methanol
  comes third in hydrogen consumption share. The
  region also leads in methanol production. Europe
  Eurasia is the second largest consumer followed
  by North America.
• The report Global Hydrogen Generation Market by
  Merchant Captive Type, Distributed
  Centralized Generation, Application and
  Technology - Trends Forecasts (2011 2016)
  segments the global hydrogen production market by
  applications, generation technology, type of
  generation, and distribution and geography. It
  also focuses on cost analysis, market share
  analysis, and market metrics such as drivers,
  restraints and opportunities.

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