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

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Possible Futures

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Announcements

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

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

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Energy

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Researchers develop groundbreaking process for creating ultra-selective separation membranes: Discovery could greatly improve energy-efficiency of separation and purification processes in the chemical and petrochemical industries March 15th, 2017

Fuel Cells

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Scientists boost catalytic activity for key chemical reaction in fuel cells: New platinum-based catalysts with tensile surface strain could improve fuel cell efficiency December 19th, 2016

It's basic: Alternative fuel cell technology reduces cost: Study sets performance targets for metal-free fuel cell membrane December 13th, 2016

Keeping electric car design on the right road: A closer look at the life-cycle impacts of lithium-ion batteries and proton exchange membrane fuel cells December 9th, 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