According to the research report titled ‘North America Hydrogen Generation Market Forecast 2026 By Application, By Delivery Mode, By Process, Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America hydrogen generation market is anticipated to garner profitable returns by the year 2026.
 

Increasing demand for retrofitting of refining facilities, as well as rising usage of hydrogen across the industrial establishments are propelling the growth of North America hydrogen generation market.
 

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As cited in the report, COVID-19 outbreak has severely disrupted the world economy and international trade, resulting in significant losses. The hydrogen generation industry unimmune to the impact, was also hit with delayed project pipelines. However, support from the regional government will enable the market to regain vigor in the coming times.
 

In terms of process, the marketplace is classified into electrolysis, steam reformer, and others. On the basis of delivery mode, the market is bifurcated into merchant, and captive.
 

Based on application, North America hydrogen generation market share from petroleum refinery segment is poised to grow considerably during 2020-2026, owing to spiraling demand for petroleum products & by-products, and encouraging government policies for the installation of hydrogen generation units in refineries. Furthermore, chemical and metal applications are anticipated to impel the industry further during the analysis timeframe. 
 

Regionally speaking, the United States market share is expected to grow significantly over the forthcoming years, owing to the federal government's efforts to harness the potential of this sustainable energy source.
 

Meanwhile, Canada market has been steadily growing over the last few years, due to the existence of several chemical, automotive, and power sector industrial units across the country, bolstering the demand for electricity.
 

The key players in North America hydrogen generation industry are Xebec Adsorption Inc., HyGear (acquired by Xebec), Ballard Power Systems Inc., Nel ASA, Plug Power Inc., Ally Hi-Tech Co. Ltd., Messer Group GmbH, Iwatani Corporation, Air Products & Chemicals Inc., and Air Liquide S.A.