Hydrogen Business Highlighted by Pipeline Development and Plant Modernization
BCC Research report identifies key trends and projects value of the global hydrogen market.
- (1888PressRelease) June 23, 2011 - 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. (Report URL: http://www.the-infoshop.com/report/bc174951-hydrogen-chem-cons.html)
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
For more information, please visit: http://www.the-infoshop.com/report/bc174951-hydrogen-chem-cons.html or e-mail Press ( @ ) gii dot co dot jp
Global Information Inc. (GII) is a leading worldwide distributor of market research.
Contact Us
Telephone:
Toll Free (US & CANADA): +1-866-353-3335
Outside US: +1-860-674-8796
Email: Press ( @ ) gii dot co dot jp
Address: 195 Farmington Avenue, Suite 208 - Farmington, CT 06032 USA
Website: http://www.the-infoshop.com
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam