Discover the White Natural Hydrogen Market, expected to surpass 115.09 Million Tons by 2033

 
NOIDA, India - March 28, 2024 - PRLog -- The term "white natural hydrogen" might sound like something out of science fiction, White hydrogen is not produced using environmentally harmful methods or renewable electricity; instead, it is directly sourced from the Earth's natural geological resources. This abundant form of hydrogen, prevalent within the Earth's crust, serves as an endless and eco-friendly energy source. While challenges persist regarding its extraction and infrastructure development, the growing clean energy sector and rising environmental awareness paint a positive picture for the future of white hydrogen. Hydrogen itself is colorless, and the "natural" part needs further clarification.

The White (Natural) Hydrogen Market is estimated to reach 115.09 Million Tons by 2033 in volume from 0.000005 Million Tons in the forecasted period of 2023-2033.
This article dives into the potential of hydrogen as a clean fuel, explores research into its natural production, and clarifies the current state of the market.

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The Thriving Hydrogen Market (Green Hydrogen)

While white natural hydrogen remains elusive, the green hydrogen market is indeed experiencing significant growth. Here's where the research methodology comes in:

Market research firms like Bloomberg New Energy Finance (BNEF) and Wood Mackenzie track hydrogen production, consumption, and infrastructure development.

These sources all point towards a rapidly growing green hydrogen market. According to BIS, global clean hydrogen production is expected to reach 10 million tonnes per year by 2030, a tenfold increase from 2020.

Revenue in the green hydrogen sector is also on the rise. Companies involved in electrolysis equipment manufacturing, renewable energy integration, and hydrogen storage solutions are experiencing significant growth.

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The Quest for Natural Hydrogen: Fact or Fiction?
The Reality: Currently, there's no commercially viable source of naturally occurring pure hydrogen ("white hydrogen"). The "natural" aspect likely refers to methane (CHâ‚„), the primary component of natural gas. However, extracting pure hydrogen directly from geological formations is still theoretical.

Research Pillars:
Market Research Firms: Organizations like BNEF and Wood Mackenzie track production, consumption, and infrastructure development for hydrogen.
Government & Research Institutions: Reports on technology advancements and market forecasts provide valuable insights.
Industry Associations: The Hydrogen Council compiles data on member companies' activities and investments.

Transportation: Fueling hydrogen-powered vehicles like cars, trucks, and even airplanes.
Industrial Processes: Replacing fossil fuels in various industrial applications like steel production or ammonia synthesis.

About us:

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.

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