Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Global for hydrogen as a chemical constituent and as an energy source to be worth $163 Billion in 2015

Source: BCC Research
Source: BCC Research

Abstract:
According to a new technical market research report, HYDROGEN AS A CHEMICAL CONSTITUENT AND AS AN ENERGY SOURCE (CHM031C) from BCC Research (www.bccresearch.com), the global market value for hydrogen as a chemical constituent and as an energy source was $120 billion in 2010, but is expected to increase to nearly $163 billion in 2015, for a five-year compound annual growth rate (CAGR) of 6.3%.

Global for hydrogen as a chemical constituent and as an energy source to be worth $163 Billion in 2015

Wellesley, MA | Posted on June 9th, 2011

Total U.S. production in 2010 was valued at $22 billion in 2010 and was projected to increase at a CAGR of 3% to reach $25.5 billion in 2015.

This BCC Research report defines individual markets and technical applications for hydrogen. In regard to cutting-edge developments, areas such as nanotechnology and biological processing, where considerable research dollars have been expended, are covered.

Among the key trends in the hydrogen business are pipeline development and plant modernization. Hundreds of millions of dollars in projects to build new hydrogen production facilities, and new pipelines, have been announced in the last several years. Coincidentally, though, there have been significant cutbacks in government funding for hydrogen-related research.

Hydrogen is primarily used in petroleum refining and as a chemical intermediate, particularly in the manufacture of agricultural fertilizers. Hydrogen has some utility as a fuel source in transportation, but numerous technical and economic barriers still exist to widespread deployment of either hydrogen-powered engines in vehicles or fuel cell-powered vehicles that use stored hydrogen.

The report provides data about the size and growth of both captive and merchant hydrogen markets, company profiles, patent trends and industry trends. Cutting-edge developments, research priorities, and potential business opportunities are a key focus.

With its broad scope and in-depth analyses, this study will prove to be a valuable resource, particularly for anyone involved with or interested in hydrogen as a chemical intermediate or an energy resource. It will be particularly useful for researchers and laboratory and government personnel working in research or company settings as well as business professionals such as marketing managers, strategic planners, forecasters, and new product and business developers who are involved with most aspects of the hydrogen industry.

####

About BCC Research
BCC Research is a leading publisher of market research reports and technical publications.

For more information, please click here

Contacts:
Steven Cumming
866-285-7215
Fax: 781-489-7308

Copyright © BCC Research

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Ultra-flat circuits will have unique properties: Rice University lab studies 2-D hybrids to see how they differ from common electronics July 25th, 2016

Attosecond physics: Mapping electromagnetic waveforms July 25th, 2016

Borrowing from pastry chefs, engineers create nanolayered composites: Method to stack hundreds of nanoscale layers could open new vistas in materials science July 25th, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

Possible Futures

Designing climate-friendly concrete, from the nanoscale up: New understanding of concrete’s properties could increase lifetime of the building material, decrease emissions July 25th, 2016

Ultra-flat circuits will have unique properties: Rice University lab studies 2-D hybrids to see how they differ from common electronics July 25th, 2016

Attosecond physics: Mapping electromagnetic waveforms July 25th, 2016

Borrowing from pastry chefs, engineers create nanolayered composites: Method to stack hundreds of nanoscale layers could open new vistas in materials science July 25th, 2016

Announcements

Borrowing from pastry chefs, engineers create nanolayered composites: Method to stack hundreds of nanoscale layers could open new vistas in materials science July 25th, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

Accurate design of large icosahedral protein nanocages pushes bioengineering boundaries: Scientists used computational methods to build ten large, two-component, co-assembling icosahedral protein complexes the size of small virus coats July 25th, 2016

XEI Scientific Partners with Electron Microscopy Sciences to Promote and Sell its Products in North and South America July 25th, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Attosecond physics: Mapping electromagnetic waveforms July 25th, 2016

Borrowing from pastry chefs, engineers create nanolayered composites: Method to stack hundreds of nanoscale layers could open new vistas in materials science July 25th, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

Accurate design of large icosahedral protein nanocages pushes bioengineering boundaries: Scientists used computational methods to build ten large, two-component, co-assembling icosahedral protein complexes the size of small virus coats July 25th, 2016

Energy

Designing climate-friendly concrete, from the nanoscale up: New understanding of concrete’s properties could increase lifetime of the building material, decrease emissions July 25th, 2016

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Researchers discover key mechanism for producing solar cells: Better understanding of perovskite solar cells could boost widespread use July 21st, 2016

The future of perovskite solar cells has just got brighter -- come rain or shine: Korean researchers at POSTECH have succeeded in developing high-efficiency perovskite solar cells that retain excellent performance over two months in a very humid condition July 21st, 2016

Fuel Cells

3-D paper-based microbial fuel cell operating under continuous flow condition July 5th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

VentureLab nanotechnology startup wins TechConnect Innovation Award June 2nd, 2016

Tiny probe could produce big improvements in batteries and fuel cells: A new method helps scientists get an atom's level understanding of electrochemical properties June 1st, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic