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Hydrogen Generation Market worth 154.74 Billion USD by 2022



The report "Hydrogen Generation Market by Generation and Delivery Mode (Captive and Merchant), Application (Petroleum Refinery, Ammonia Production, and Methanol Production), Technology (Steam Methane Reforming and Coal Gasification), and Region - Global Forecasts to 2022", The hydrogen generation market is expected to grow, by value, from an estimated USD 115.25 Billion in 2017 to USD 154.74 Billion by 2022, at a CAGR of 6.07%. The global market is set to witness growth due to government regulations for desulfurization of petroleum products and rising demand for hydrogen as a transportation fuel.

this gives an idea of the market that the Hazer process could make a dent in and possibly take
over, seeing early estimations indicate Hazer production cost is up to 90 per cent Less than the
current production methods used.