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Drivers:
Liquid Hydrogen:
Production: Hydrogen is produced by the steam reforming of natural gas, water electrolysis, coal gasification, and ammonia dissociation. Hydrogen is also produced as a by-product of the distillation of petroleum and the production of chlorine.
The majority of the hydrogen is generated through steam reforming of natural gas. Syngas is a combination of hydrogen and carbon monoxide produced by the steam reforming process. The produced steam is split into its components regardless of the production technique, and the hydrogen is dried and purified.
The crucial component of infrastructure required for mass hydrogen transportation is a liquefaction system. Hydrogen gas is lightweight but extremely bulky, making transporting it in its gaseous state difficult.
Liquefaction of Hydrogen: The gaseous hydrogen is compressed and cooled to sufficiently low cryogenic temperatures −423°F (-253°C) using heat exchangers and reciprocating tube expanders to form liquid hydrogen. A hydrogen liquefaction technology also decreases the volume of hydrogen to around 1/800 of its gaseous state, allowing for more efficient mass transportation.
Storage: Liquid hydrogen is usually stored in on-site storage systems, typically consisting of a tank, vaporizer, and controls. The storage methods are chosen based on the rate of usage, pressure, and regulations. Tank sizes typically range from 1,500 to 25,000 gallons. Liquid hydrogen usually is vaporized and used as a gas in some applications.
Transportation: Hydrogen is most commonly transported and delivered as a liquid when high-volume transport is needed in the absence of pipelines. Hydrogen is transported by pipeline and cryogenic liquid tanker trucks from the production site to the place of use.
Liquid semitrailers of 12,000 to 17,000 gallons capacity are used to deliver liquid hydrogen. These tankers are used to fill the stationary tanks. Liquid hydrogen transfer is less expensive than gaseous hydrogen transport.
Applications: Even as an alternative fuel, liquid hydrogen offers greater advantages due to its storage and transportation qualities.
In the space program, liquid hydrogen is utilized in enormous quantities as primary rocket fuel and as a propellant for spacecraft. Hydrogen is stored and transported in the form of liquid, despite being more usually used in the gaseous state.
Liquid hydrogen storage for fuel cell vehicles is critical for expediting the transition to carbon neutrality. Heavy-duty vehicles running on liquid hydrogen have twice the range of gaseous hydrogen trucks and shorter refueling times.
Restraints:
Recent Trends & Development:
Opportunities:
Some international hydrogen trade projects:
Blackridge Research's Global Liquid Hydrogen Market report provides insights into the current global and regional Global market demand scenario and its outlook.
This study offers a detailed analysis of various factors instrumental in affecting the Global Liquid Hydrogen market's growth. The study also comprehensively analyses the market based on the application sector (Aerospace, Automotive, Aviation, Maritime Vehicles, and others) and geography (North America, Europe, Asia-Pacific, and the Rest of the world).
This report also includes the latest market trends, drivers and restraints, present and future opportunities, new projects, the global impact of Covid-19 on the Global Liquid Hydrogen market, and significant developments.
Further, the report will also provide Global Liquid Hydrogen market size, demand forecast, and key competitors in the market.
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
List of Tables & Figures
Abbreviations
Additional Notes
Disclaimer
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