Cost-Efficiency and Abundant Availability of Natural Gas to Boost On-Site Hydrogen Generator Market, Reports TMR
The vast reserves of natural gas and its availability in absolute abundance is expected to boost the adoption of on-site hydrogen generators across the U.S. region. Transparency Market Research observes, several end-users industries are demanding on-site
(EMAILWIRE.COM, October 19, 2018 ) The vast reserves of natural gas and its availability in absolute abundance is expected to boost the adoption of on-site hydrogen generators across the U.S. region. Transparency Market Research observes, several end-users industries are demanding on-site hydrogen as they provide a cost-efficient option along with safety and security by making the operations free of hydrogen storage, cylinder handling, and routine hydrogen delivery. With this strong backing, the opportunity in the U.S. on-site hydrogen generator market is expected to be US$153.32 mn by 2023 from US$99.78 mn in 2014, surging at a steady pace of 5.0% between 2015 and 2023.
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Non-Alkaline Technology to Lead due to its Cost-Efficiency
The on-site hydrogen generators based on non-alkaline technology held a leading share of 67% in the overall market in 2014. The non-alkaline technology will continue to lead the market with a CAGR of 4.7% in the forecast period. This technology will garner bigger revenues due to the technology it uses, which is able to deliver reliable, portable, purer, and cost-effective hydrogen production.
The on-site hydrogen generators that have a flow rate of
Request Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9134
Non-Alkaline Technology to Lead due to its Cost-Efficiency
The on-site hydrogen generators based on non-alkaline technology held a leading share of 67% in the overall market in 2014. The non-alkaline technology will continue to lead the market with a CAGR of 4.7% in the forecast period. This technology will garner bigger revenues due to the technology it uses, which is able to deliver reliable, portable, purer, and cost-effective hydrogen production.
The on-site hydrogen generators that have a flow rate of
Contact Information:
Transparency Market Research
Ganesh Rajput
Tel: 15186181030
Email us
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Transparency Market Research
Ganesh Rajput
Tel: 15186181030
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results