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Captive Hydrogen Generation Market Share

Report ID: GMI9594
Published Date: May 2024
Report Format: PDF

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Captive Hydrogen Generation Market Share

Eminent players are heavily investing in R&D to enhance efficiency, scalability, and sustainability in hydrogen production, aiming to gain a competitive edge and overcome evolving customer demands. Additionally, they are expanding their geographic footprint by entering new markets, and establishing partnerships, and subsidiaries in key regions. Key players are accessing new opportunities and diversifying their revenue by participating in hydrogen projects and initiatives.

Captive Hydrogen Generation Market Companies

Eminent players operating in the captive hydrogen generation industry are:

Air Products and Chemicals, Inc
Cummins Inc
Enapter
Hitachi Zosen Corporation
HoSt Group
Linde plc
McPhy Energy S.A
Messer Group GmbH
NEL Hydrogen
NEXT Hydrogen
Siemens Energy
Teledyne Energy Systems, Inc

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of captive hydrogen generation was reached USD 132.3 billion in 2023 and will grow at 6.4% CAGR during 2024 to 2032, driven by rising shift towards decarbonization.

The steam reformer process segment of the captive hydrogen generation market is projected to grow by more than USD 197 billion by 2032, on account of its high efficiency, and capability of converting hydrocarbons such as natural gas or methane into hydrogen with high yields.

Europe captive hydrogen generation market is anticipated to exceed USD 46.6 billion by 2032, driven by the rising implementation of ambitious renewable energy targets.

Air Products and Chemicals, Inc, Cummins Inc, Enapter, Hitachi Zosen Corporation, HoSt Group, Linde plc, McPhy Energy S.A, Messer Group GmbH, NEL Hydrogen, NEXT Hydrogen, and Siemens Energy among others.