Zion Market Research Global Hydrogen Generation Market, 2016–2024 | Page 4

Hydrogen Generation Market
Global Hydrogen Generation Market: Regional Analysis
Asia Pacific is the dominating region across the world as it occupies a major share of hydrogen
generation market owing to higher demand for hydrogen in ammonia manufacturing plants and
petroleum refineries. In addition, this region is experiencing higher demand for petroleum products
from refineries and promising economics, which in turn may boost the global hydrogen generation
market. The US is expected to witness significant growth in the near future due to harsh motor
vehicle emission guideline. Moreover, growth in the demand for ammonia used as feedstock for urea
may influence the global market in a positive way.
Global Hydrogen Generation Market: Competitive Players
Key players in the global hydrogen generation market are Iwatani Corporation, Nuvera Fuel Cells,
LLC, Caloric Anlagenbau GmbH, Airgas Inc., and Alumifuel Power Corporation. Other major players
in the global market include Hydrogenics Corp., Air Products & Chemicals Inc., Linde AG, Air
Liquide SA, and Praxair Inc .
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