Global Ammonia and Hydrogen Storage Industry Report 2022: Safe Handling and High Hydrogen Recovery for Direct Utilization Drive the Demand for Ammonia as a Preferred Hydrogen Storage Medium
DUBLIN, Jan. 24, 2023 /PRNewswire/ -- The "Technological Advancements Enabling Ammonia for Efficient Hydrogen Storage" report has been added to ResearchAndMarkets.com's offering.
In this report, the author focuses on new and disruptive developments within the ammonia and hydrogen storage industry, focusing on technological attributes and current and future technological advancements.
The study also discusses major drivers and challenges faced by technology companies looking to reach large-scale commercial deployment using ammonia as efficient hydrogen storage.
Global efforts to decarbonize the energy and industrial sectors have necessitated looking beyond conventional fossil fuels as the primary energy source. Hydrogen, which has a significantly higher energy content than traditional energy sources such as oil and natural gas, is gaining traction in the industry. However, its low volumetric density requires hydrogen in a highly compressed or liquid form. This requirement adds to the cost of utilizing hydrogen and is unsafe, as hydrogen burns quickly if it reacts with atmospheric oxygen.
Ammonia has emerged as a viable hydrogen carrier because of its low reactivity and compatibility with existing natural gas and hydrogen infrastructure for transportation and easier storage. With the hydrogen economy emerging as an important enabler of the carbon-neutral world, ammonia as a hydrogen carrier will gain significant interest from industry players and policymakers.
The study covers the following:
1. Strategic Imperatives
2. Growth Opportunity Analysis
3. Technology Snapshot
4. Innovation Ecosystem - Companies to Watch
5. Regulatory Landscape and IP Analysis
6. Growth Opportunity Universe
For more information about this report visit https://www.researchandmarkets.com/r/4t4ndd
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