Merchant Hydrogen Market Forecast (2022 - 2027)

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Merchant Hydrogen Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• The merchant hydrogen market size is forecast to
  reach US124 billion by 2027 after growing at a
  CAGR of 7.2 during 2022-2027. Merchant hydrogen
  refers to the production of hydrogen in hydrogen
  production plants and selling it to several
  end-use industries for various industrial
  processes.
• Merchant hydrogen is extensively used in the oil
  and refinery industry in the manufacturing of
  gasoline, diesel, jet fuels, and various refining
  processes such as hydrocracking, hydrotreating,
  etc. The oil and refinery industry expanding
  globally and this will drive the growth of the
  market in the forecast period.

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• Key Takeaways
• Water electrolysis is leading the merchant
  hydrogen market. This production process offers a
  robust option for carbon-free hydrogen production
  from renewable resources, making it a desirable
  choice among manufacturers.
• The chemical industry will drive the growth of
  the market in the forecast period. According to
  the June 2020 data by the American Chemistry
  Council, net exports of chemicals will touch 37
  billion by 2025.

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By Distribution Channel- Segment Analysis Water
electrolysis dominated the merchant hydrogen
market in 2021. This process helps in the
production of carbon-free hydrogen from nuclear
and renewable resources. Water electrolysis is
done with the help of a unit called an
electrolyzer. Proton exchange membrane (PEM)
electrolyzer and alkaline electrolyzer are the
two types of electrolyzers usually implemented.
Water electrolysis involving electrolyzers is
considered a mature technology compared to other
processes.
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• Merchant Hydrogen Industry Outlook
• Airgas, Inc.
• Air Products and Chemicals, Ltd
• Praxair, Inc
• Linde plc
• Air Liquide
• Uniper
• Engie SA
• FuelCell Energy, Inc

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Merchant Hydrogen Market- Forecast (2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/19098/merchant
-hydrogen-market
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id19098

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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