Global Information, Inc. is pleased to announce a new market research report,“Hydrogen as a Chemical Constituent and as an Energy Source” published by BCC Research.
Plant modernization and pipeline development are among the key trends to watch-out for in the global market for hydrogen in the chemical and energy sectors. Over the past several years, announcements have been made regarding multi-million dollar projects to launch new pipelines and build more hydrogen production facilities.
U.S. hydrogen production in 2010 was worth a total of $22 billion. Research analysts project this number to reach $25.5 billion in 5 years, growing at a compound annual growth rate (CAGR) of 3% through 2015. On a global level, the worldwide market value for hydrogen as an energy source and chemical constituent is forecast to increase from $120 billion in 2010 to reach $163 billion in 2015. The 5-year global compound annual growth rate (CAGR) is expected to hover at 6.3%.
Hydrogen is used in petroleum refining and also as a chemical intermediate, for example, in agricultural fertilizer manufacturing. Although hydrogen possesses some utility as a fuel source in transportation, numerous technical and economic barriers are preventing widespread installment of vehicles with hydrogen-powered engines and fuel cell-powered vehicles using stored hydrogen.
For researchers, laboratory and government personnel working in research or other professional settings, BCC Research’s report will be particularly useful. This study is a valuable resource for entities interested in hydrogen as a chemical intermediate or as an energy resource. The report covers a broad scope of topics and provides in-depth analyses. It is also recommended business reading for marketing managers, forecasters, strategic planners, and developers involved in the hydrogen industry.
Scope of the study:
• Focus on key hydrogen technologies and applications;
• Structure of hydrogen industry, driving forces, competitive aspects, market segmentation, distribution channels, pricing and technology;
• Analysis of global market trends;
• Review of global environmental and energy regulations;
• Find data on size and growth of both captive and merchant hydrogen markets;
• Company profiles;
• Patent and industry trends;
• 5-year compound annual growth rate (CAGR) and hydrogen demand projections through 2015.
Global Information Inc. (GII) is a leading worldwide distributor of market research.