Hydrogen Generation Market Chances To Reach $180.2 Billion By 2025
San Francisco, 30 January 2019 – “Hydrogen Generation Market Size, Share & Trends Analysis Report By Application (Coal Gasification, Steam Methane Reforming), By Technology, By System (Merchant, Captive), And Segment Forecasts, [2018 – 2025]” The global hydrogen generation market size is predicted to be valued at USD 180.2 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% over the forecast period. Rising demand for renewable sources of energy and safe fuels is projected to boost market growth. Increasing adoption of hydrogen and awareness toward importance of energy conservation are expected to boost the global market for hydrogen generation by 2025. Rising efforts to shift focus from fossil fuels to renewable fuels is expected to further propel market expansion. Numerous countries are introducing stringent regulations to significantly reduce indiscriminate use of conventional fuels responsibl...