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The global hydrogen generation market revenue is expected to expand at a moderate CAGR over the forecast period. Increasing demand for cleaner fuels is a key factor expected to drive growth of the global hydrogen generation market over the forecast period.

The global hydrogen generation market report has been segmented on the basis of technology, delivery mode, application, and region. On the basis of technology, the target market is segmented into coal gasification, steam methane reforming, and partial oxidation of oil. The steam methane reformer hydrogen generation technology segment is expected to register highest share in the market over the forecast period, owing to lower prize and ease of availability of natural oil.

On the basis of delivery mode, the target market is segmented into merchant and captive. The captive hydrogen generation delivery mode segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing adoption of hydrogen in various applications in refinery to crack heavier crudes and in metal industry.

On the basis of application, the target market is segmented into methanol production, ammonia production, and petroleum refining. The methanol production application segment is expected to register significant share in terms of revenue over the forecast period, owing to its excellent hydrogen carrying capacity.

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Based on the region the global hydrogen generation market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America followed by Europe is estimated to be highest market share in terms of revenue over the forecast period, owing to technological advancements in hydrogen generation process and increasing government initiative in various countries in this region. The market in Asia Pacific is expected to register significant share in terms of revenue over the forecast period, owing to rapidly increasing demand for petroleum products in developing countries such as India and China in the region.

Key players operating in the global hydrogen generation market include Air Liquide SA, Air Products and Chemicals, Inc., Hydrogenics Corporation, Messer Group GmbH, Linde-Group ASA, ALLY HI-TECH CO., LTD., Caloric Anlagenbau GmbH, Claind Srl, Erre Due s.p.a., and Heliocentris Academia International GmbH

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