Market research & Consulting- NewAge

  Global   Green Hydrogen Market   is expected to grow at CAGR of over 20%, owing to a rapidly increasing demand from fuel cell electric vehicle globally. Green hydrogen is hydrogen that is generated entirely by renewable energy. It has significantly lower carbon emissions than grey hydrogen, which is produced by steam reforming of natural gas. Green hydrogen does not emit greenhouse gases such as carbon dioxide or methane. Development of Alkaline Electrolysis Process Driving Market Growth The development of the Alkaline Electrolysis Process for the generation of green hydrogen is anticipated to push the adoption of green hydrogen in different sectors. In Alkaline Electrolysis Process, a liquid electrolyte solution, such as potassium hydroxide or sodium hydroxide, and water is used. Hydroxide ions flow over the electrolyte from the cathode to the anode of every cell when electric current is provided to the electrolysis cell stack, producing hydrogen and oxygen gas bu...