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Asia Pacific Captive Hydrogen Generation Market Share

Report ID: GMI9778
Published Date: Jun 2024
Report Format: PDF

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Asia Pacific Captive Hydrogen Generation Market Share

Asia Pacific Captive Hydrogen Generation Company Market Share

Eminent players are prioritizing the development and adoption of green hydrogen solutions by integrating renewable energy sources such as solar and wind power into captive hydrogen generation systems and meeting the sustainability goals of customers and regulatory requirements. Key players are expanding their geographical footprint and diversifying their product portfolios to tap into emerging markets and industry sectors. New players are forming strategic partnerships and alliances, to leverage complementary strengths, share resources, and accelerate the development and commercialization of captive hydrogen generation solutions.

Asia Pacific Captive Hydrogen Generation Market Companies

Eminent players operating in the Asia Pacific captive hydrogen generation industry are:

Air Products and Chemicals, Inc
BASF SE
Cummins Inc
Enapter
GAIL Limited
HoSt Group
Hitachi Zosen Corporation
Linde plc
Messer Group GmbH
McPhy Energy S.A
NEL Hydrogen
Nuclear Power Corporation of India Limited
Siemens Energy
Teledyne Energy Systems, Inc

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

Asia pacific market for captive hydrogen generation was crossed USD 77 billion in 2023 and is anticipated to grow at 6.1% CAGR during 2024 to 2032, owing to the increasing transition to cleaner energy.

The petroleum refinery segment in the Asia Pacific captive hydrogen generation market is set to grow at over 6.5% CAGR through 2032 attributed to the growing demand for hydrogen in hydro processing operations.

India captive hydrogen generation market size will exceed USD 24.2 billion by 2032 attributed to the rapid industrialization and economic growth coupled with rising government hydrogen promotion.

Air Products and Chemicals, Inc, BASF SE, Cummins Inc., Enapter, GAIL Limited, HoSt Group, Hitachi Zosen Corporation, Linde plc., Messer Group GmbH, McPhy Energy S.A, NEL Hydrogen, Nuclear Power Corporation of India Limited, Siemens Energy, and Teledyne Energy Systems, Inc