On-Site Hydrogen Generator Market
REPORT DESCRIPTION
On-Site Hydrogen Generator Market - U . S . Industry Analysis , Size , Share , Growth , Trends and Forecast 2015 - 2023
The collective share of the top three players , Linde AG , Air Liquide , and Praxair Technology , Inc ., operating in the U . S . onsite hydrogen generator market was 68.39 % in 2014 . Transparency Market Research reports that due to a large number of players in this market the competition has stiffened and each company is vying to increase its share in the market through strategic alliances . A case in point would be Paris-based Air Liquide . In November 2015 , Air Liquide acquired Airgas to enhance its comprehensive portfolio in North America .
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“ Companies are making a sincere effort to incorporate the usage of steam reforming technology over electrolysis for onsite hydrogen production on a long-term basis to keep in line with environmental needs and consumer demand ,” says the author of this report .
Players will also register progress by tapping into hydrogen needs of remote areas by offering consumers on-site hydrogen generators in the near future . Furthermore , companies will also try to generate revenues by optimizing their production capacities and entering new markets by downsizing the costs involved in the supply industrial gases .
Abundance of Natural Gas Boosts Usage of On-Site Hydrogen Generators
Amongst the various low-cost feedstock used for the operation of hydrogen generator operation such as coal , water , or biomass , natural gas is the most lucrative one . Thus , the availability of natural gas in absolute abundance is expected to propel the adoption of on-site hydrogen generator market in the coming years . The production of on-site hydrogen involves steam reforming technology that uses natural gas for delivering hydrogen to the end users in the most costeffective way .
Transparency Market Research
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