The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.
The report offers actionable and valuable market insights of Merchant Hydrogen Generation. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Merchant Hydrogen Generation Market across various industries and regions.
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Global Hydrogen Generation Market: In-Depth Assessment on Key Segments
The global hydrogen generation market is segmented on the basis of technology, system, application and region.
- By Technology :
- Coal Gasification
- Steam Methane Reforming
- Others
- By System :
- Merchant
- Captive
- By Application :
- Methanol Production
- Ammonia Production
- Petroleum Refining
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Recovering from COVID-19 Losses
The COVID-19 Pandemic has had a detrimental effect on oil & gas energy production of the world. Shale gas exploration projects have been put on hold. Existing oil & gas energy reserves are being deployed to sustain the need from essential transportation and logistics of healthcare products such as medical ventilators, and personal protective equipment.
However, normalization post COVID-19 will witness a surge in demand for onsite-hydrogen production systems as companies look to reduce dependency on merchant transportation. Market players can extract valuable lessons and future trends of the market by gauging the reaction of trade lockdown amid COVID-19.