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Hydrogen Purification in Petroleum Refining Global Markets

Bharat Book Bureau provides the report, on “Hydrogen Purification in Petroleum Refining Global Markets”. In this report hydrogen purification and the technologies that combine hydrogen purification and compression to obtain purified hydrogen are gaining increased importance. https://www.bharatbook.com/materials-chemicals-market-research-reports-417769/hydrogen-purification-petroleum-refining-global.html

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Hydrogen Purification in Petroleum Refining Global Markets

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  1. Hydrogen Purification in Petroleum Refining Global Markets

  2. The global hydrogen purification market in the petroleum refining industry was nearly $7.1 billion 2014. The market is expected to reach nearly $9.9 billion by 2020 from nearly $7.5 billion in 2015, increasing at a compound annual growth rate (CAGR) of 5.7% from 2015 to 2020. This report provides: -An overview of the global markets and related technologies for Hydrogen purification in petroleum refining. -Analyses of global market trends, with data from 2014, 2015, and projections of CAGRs through 2020. -Breakdowns of the market by geography as well as by technology. -Evaluation of the market's dynamics, specifically growth drivers, restraints, and opportunities.

  3. INTRODUCTION Hydrogen is used extensively in the refining industry in the various processes within a refinery, and thus it is among the major costs for the refinery. Hydrogen is also a major component in the off gases generated from the refinery processes. Historically, these off gases were flared or used as energy sources by burning, but with tight refining margins and improvements in the technology for purification, these off gases are being purified to obtain hydrogen that can be reused in the processes. In this scenario, hydrogen purification and the technologies that combine hydrogen purification and compression to obtain purified hydrogen are gaining increased importance.

  4. Hydrogen is a byproduct from the industrial processes of other industry segments, including the metal, petrochemical and semiconductors. This report focuses exclusively on the hydrogen purification market in the refining industry. The refining industry is among the major consumers of hydrogen. The off gases with high presence of hydrogen from the various processes in the refinery represent major sources for purification. In this scenario, the market for the providers of hydrogen purification equipment and technology to purify the off gases to obtain high-purity hydrogen is expected to continue to grow in the future.

  5. SCOPE OF THE REPORT This report focuses on the market for hydrogen purification in the petroleum refining industry. The market being considered is not for hydrogen production or supply (i.e., the electrolysis market, the merchant market). The market being considered is for hydrogen purification (recovery), as applicable to the refining industry to obtain purified hydrogen from the various processes in a refinery that can be reused within the refinery or elsewhere. The analysis includes data on the market size estimates for 2014 and market forecast to 2020, along with the growth trend. The report also includes market size by region and technology. An overview of the hydrogen purification technologies, key market players in hydrogen purification, the factors driving or restraining the growth of the market, and the major refining plants are also discussed. Governmental regulations and their impact on the market, as well as the key patent activity on the technology, are also provided.

  6. METHODOLOGY The study is based on the primary and secondary research conducted by the author. The report and the analysis of the market were based on primary and secondary research. Secondary research was conducted to build the refinery database, to understand the requirement for hydrogen purification in the refining industry, and to develop an understanding of the trends and market factors affecting the market. Primary research was conducted to understand the market from the perspective of the market participants, including hydrogen purification technology providers and refiners. An estimation model for the market was developed from the information to determine the market for hydrogen purification in the refining industry. The base year for this report is 2014. The market forecast period covers from 2015 to 2020. Revenue values are reported in current U.S. dollars

  7. Table of Contents Hydrogen Network In A Refinery Macroeconomic Overview Analyst's Credentials Industry Definition Technology Overview Scope Of The Report Information Sources Intended Audience Introduction Methodology W : www.bharatbook.com , T :  +91 22 27810772, 27810773, E :  info@bharatbook.com

  8. To view the full Executive Summary and Table of Contents, please visit: Hydrogen Purification in Petroleum Refining Global Markets Contact Us:-Call India: +91-22-27810772/73Email id : info@bharatbook.comWebsite :www.bharatbook.comOur Blog : https://www.bharatbook.com/blog/ W : www.bharatbook.com , T :  +91 22 27810772, 27810773, E :  info@bharatbook.com

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