Global Hydrogen Market Opportunities And Strategies – Forecast To 2030 – Includes Hydrogen Market Growth
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Hydrogen gas mergers and acquisitions (M&A) are expected to increase in the coming years, as per The Business Research Company’s hydrogen market opportunities and strategies report.
The hydrogen market is expected to reach $12.17 billion in 2025 at a rate of 4.4%. The growth in the hydrogen market is mainly due to the growing demand from energy, oil and gas end user industries which is expected to drive the demand for hydrogen. The hydrogen market is expected to grow from $12.17 billion in 2025 to $15.01 billion in 2030 at a CAGR of 4.3%.
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Major players in the hydrogen market include Air Products and Chemicals, Inc., The Linde Group L’Air Liquide S.A, Taiyo Nippon Sanso Corp., Air Water Inc.
Companies involved in the hydrogen market are implementing smart meters to monitor the flow of the gas. The small size and high speed of hydrogen molecules make the monitoring of gas difficult. Smart meters use ultrasonic functionality instead of traditional mechanical diaphragms to correctly determine the flow rate of hydrogen gas. These meters also use timing circuits that are capable of measuring accurate ‘Time of Flight (ToF)’ of hydrogen molecules. Companies and end distributors of hydrogen for domestic and commercial purposes are using smart meters to eliminate manual meter reading, accurately billing customers, initiate dynamic pricing, monitor grid losses, optimize grid performance, and achieve optimal efficiency.
The Global Hydrogen Market Is Segmented:
By Mode Of Distribution: Pipeline, High Pressure Tube Trailers, Cylinder
By End-User: Chemicals, Refining, Aerospace And Automotive, Energy, Glass, Welding And Metal Fabrication, Others
By Application: Chemical, Refinery, Metal Processing, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Hydrogen Market Report Covers:
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Hydrogen Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough hydrogen market research, analyzes and forecasts hydrogen market size, hydrogen market share, hydrogen market players, hydrogen market trends, hydrogen market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s hydrogen market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The hydrogen market consists of the sales of hydrogen by entities (organizations, sole traders or partnerships) that manufacture hydrogen ingas or liquid forms. Hydrogen is an active agent in oil refineries and an important ingredient in a range of other industries including chemical production, metal refining, food processing and electronics manufacturing. Only goods and services traded between entities or sold to end consumers are included.
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