Water Electrolysis market

Water Electrolysis Market Research Report By Forecast 2025 Industry Survey, Growth, Competitive Landscape and Forecasts to 2025

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Water Electrolysis Market Forecast To 2025 Water Electrolysis Market Forecast To 2025

• As per a detailed analysis by Market Research Future (MRFR), the global water electrolysis market has the potential to garner USD 11,426.8 million, grabbing a CAGR of 6.31% during the forecast period (2020-2025). The surging use of water electrolysis by the end-users is considered to contribute to the market growth. Water electrolysis is extensively used to decompose water into oxygen and hydrogen with the help of electricity.

Electricity is passed through water in order to separate oxygen and hydrogen from water. The reaction to separate oxygen and hydrogen takes place in an electrolyzer. The sole purpose of water electrolysis lies in the generation of hydrogen which can be used for several purposes like chemical industry and hydrogen fuel.

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Water Electrolysis Market Forecast To 2025

“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on Internet of Water Electrolysis Market Forecast To 2025”

• The regions that have been covered in the report include Europe, the Middle East, Africa, North America, Asia Pacific (APAC), and Latin America. The market in APAC is likely to remain highly attractive during the assessment period. In terms of value, APAC accounts for the largest share of the global Water Electrolysis Market. In addition, APAC Water Electrolysis Market is expected to post the highest GAGR till 2025. This is primarily owing to the rise of China an electronics manufacturing hub. In recent years, china has achieved tremendous feat as a manufacturing power house, catering to sectors such as automotive, electronics and consumer goods. Apart from China, countries such as Taiwan, South Korea and Japan are also making noteworthy contributions to the growth

of the market in Asia Pacific. Asia Pacific is followed by North America and Europe respectively.

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Water Electrolysis Market Forecast To 2025

Global Water Electrolysis Market - Competitive Analysis • The prominent players operating in the global water electrolysis market comprises Linde AG (Germany), ThyssenKrupp Ag (Germany), Siemens AG (Germany), Air Products and Chemicals, Inc. (U.S.), Teledyne Energy System Inc. (U.S.), ProtonOnsite (U.S.), Hydrogenics Corporation (Canada), Areva H2Gen (France), Peak Scientific (Scotland), and Erre Due s.p.a (Italy).

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Water Electrolysis Market Forecast To 2025

Global Water Electrolysis Market - Geographical Analysis The global water electrolysis market has been segmented on the basis of technology and end-user.

By mode of technology, the global water electrolysis market has been segmented into a proton exchange membrane and alkaline water electrolysis. Among these, the alkaline water electrolysis occupies the largest market share due to the surging use of this particular technology for the production of hydrogen on a large scale.

By mode of end-users, the global water electrolysis market has been segmented into the petroleum industry, chemical industry, power plants, pharmaceuticals industry, electronics & semiconductor industry, and others.

Among these, the chemical industry acquires the largest share in the global market

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Water Electrolysis Market Forecast To 2025

Global Water Electrolysis Market Segmented on the basis of

The global water electrolysis market has been segmented on the basis of technology and end-user.

By mode of technology, the global water electrolysis market has been segmented into a proton exchange membrane and alkaline water electrolysis. Among these, the alkaline water electrolysis occupies the largest market share due to the surging use of this particular technology for the production of hydrogen on a large scale.

By mode of end-users, the global water electrolysis market has been segmented into the petroleum industry, chemical industry, power plants, pharmaceuticals industry, electronics & semiconductor industry, and others. Among these, the chemical industry acquires the largest share in the global market

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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