Commercial Water Filter Market Projected to Reach USD 46 2 billion, with a CAGR of 14 25% by 2030 – Report by Market Research Future (MRFR) forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Segmentation
The water electrolysis market analysis is segmented into product category, end-users, and region. The product category segment is sub-segmented into proton exchange membrane and alkaline water electrolysis. Of these, the alkaline water electrolysis segment accounts for the largest market share.
The end-user segment is sub-segmented into chemicals, electronics & semiconductors, power plants, petroleum, pharmaceuticals, and others. Among these, the chemicals segment accounts for the largest market share, followed by pharmaceuticals. The region segment is sub-segmented into Europe, Americas, Asia Pacific, and rest-of-the-world.
Regional Analysis
North America dominates the global water electrolysis market. Americas is a hub for the development of hydrogen through water electrolysis. Especially, the US has maintained and developed specific codes and standards to ensure that hydrogen and fuel cell products are safe and environment-friendly.