Liquid Organic Hydrogen Carriers Market Forecast and CAGR
According to the latest study by Fact.MR, liquid organic hydrogen carriers market is expected to get major boost in demand over the forecast period. Vital need for technologies that support safe transportation and storage of potential energy is driving the LOHC market. Moreover Fact.MR projects substantial demand for LOHC over the forecast period growing at a CAGR of around 5.6%.
Get sample of the report: https://www.factmr.com/connectus/sample?flag=S&rep_id=6931
Mining Industry to Provide Stupendous Opportunity
Mining industry is highly dependent on diesel powered vehicles and machinery. Also due to less ventilation underground diesel smoke has been recognized fatal for workers with an increased risk of cancer. Thus it has become of higher importance to look for alternate energy sources in mining industries.
LOHC has been recognized as an important alternative solution to diesel powered machineries in mining operations. LOHC can provide required hydrogen density along with reduced risk of explosion. Also, this technology can further reduce the underground heat and emission without impacting the health of workers.
Who are the Key Manufacturers and Suppliers of LOHC?
Some of the key market players in the industry are
- Hydrogenious Technologies
- Covalion, Hynertech Co. Ltd.
- Areva
Aforementioned market players can be seen to opt for mix of organic and inorganic growth strategies such as collaborations and product launches.
- For instance, in July 2021 Eastman partnered with Hydrogenious technologies to provide specialty carriers needed to fit in LOHC technologies.
- In June 2020 Hyundia Motors announced that it would partner with Hydrogenious technologies with plans to deploy and market LOHC technologies.
Get customized report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=6931
Key Segments
-
By Compound Type
- Hydrogenated
- Unhydrogenated
-
By Composition Type
- Cyclohexane-Benzene
- Methylcyclohexane-Toulene
- Decalin-Naphthalene
- Perhydro-N-ethylcarbazole−N-Ethylcarbazole
-
By Process
- Hydrogenation
- Dehydrogenation
-
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
LOHC Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
For more insights:
https://www.einpresswire.com/article/557143001/worldwide-revenue-share-of-undercarriage-components-for-mini-excavators-is-expected-to-account-nearly-us-6-5-billion
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
