The Business Research Company’s Hydrogen Global Market Report 2020. The report covers market size, key players, market share and trends.
Hydrogen Global Market Report 2020 is one of a series of new reports from The Business Research Company that provide Hydrogen market overviews, analyze and forecast market size and growth for the whole market, Hydrogen market segments and geographies, Hydrogen market trends, Hydrogen market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The hydrogen market consists of sales of hydrogen and its related services for industrial and other purposes. Hydrogen is produced as a by-product of industrial chlorine production by electrolysis. Although it requires expensive technologies, hydrogen can be cooled, compressed and purified for use in other processes on site or sold to a customer via pipeline, cylinders or trucks.
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The global hydrogen market was worth $0.25 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10% and reach $0.38 billion by 2023.
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