Hydrogen Market 2021 – Opportunities And Strategies – Global Forecast To 2030
The Business Research Company’s Hydrogen Market 2021 – Opportunities And Strategies – Global Forecast To 2030
LONDON, GREATER LONDON, UK, November 22, 2021 /EINPresswire.com/ — Increasing demand for chemicals including fertilizers, and other bulk chemicals, intermediates, and specialty chemicals that require hydrogen as one of the feedstock materials contributed to the growth of the global hydrogen market. Hydrogen is used in the manufacturing of ammonia, methanol, and other chemicals such as cyclohexane, aniline, hydrochloric acid, and others. It is extracted from natural gas and then combined with nitrogen gas to make fertilizers such as ammonia which is used to maximize crop growth. Thus, high demand for chemicals boosted the growth of the…