Europe Captive Hydrogen Generation Market Trends

Europe Captive Hydrogen Generation Market Trends

Growing focus on developing hydrogen infrastructure including investments in refueling stations for fuel cell vehicles, pipelines for industrial use, and storage facilities to ensure reliable supply and distribution of clean fuel are driving the business statistics. Growing strategic partnerships and alliances within and outside the traditional energy sector will accelerate the deployment of captive technologies. Furthermore, increasing demand for production methods by industries comprising chemicals, steel, refining, and transportation to meet their decarbonization targets and regulatory requirements is set to augment the process penetration.