According to the report title “Global Hydrogen Generation Market Outlook, 2027”, published by Actual Market Research, the market size of the Global Hydrogen Generation Market is expected to grow with a CAGR of around 5.8% in the forecasted year of 2027. Hydrogen is demanded in a variety of industrial applications, petroleum refineries, power generation, DRI, and transportation. The transportation segment has remarkable future demand as the EVs and Hydrogen fuel cell vehicles are entering the roads. Though the current scenario is different and petroleum refineries consume the highest amount of hydrogen followed by ammonia production.

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