April 2010

Trends and Resources

HP Impact: Demand expands for hydrogen

Global demand for hydrogen is forecast to expand 3.4% per year through 2013 to 475 billion cubic meters. This is according to a new study from The Freedonia Group (www.freedoniagroup.com). Demand will..

Thinnes, Billy, Hydrocarbon Processing Staff

Global demand for hydrogen is forecast to expand 3.4% per year through 2013 to 475 billion cubic meters. This is according to a new study from The Freedonia Group (www.freedoniagroup.com). Demand will benefit as global petroleum refiners consume more hydrogen in the production of low-sulfur fuels. Favorable demand fundamentals for hydrogen also exist in chemical manufacturing, as well as in the production of semiconductors, float glass, metal components and food. Petroleum refineries are the largest consumers of hydrogen, accounting for nearly 90% of global consumption in 2008. Historically, most refinery consumption was produced in a captive manner during refining. However, the productio

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