Blue Hydrogen Market Research Report: Market Overview With Geographical Segmentation By Revenue With Forecast 2027

September 8, 2021

Business owners/stakeholders can chalk-out expansion plan by leveraging statistics on market share, size, sale volume, growth rate and return over-invest discussed in the study.The Global Blue Hydrogen Market is forecasted to be worth USD 2.48 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include growing demands for the clean hydrogen energy with low carbon content, blue hydrogen as an enabler of the green hydrogen, increasing usage of hydrogen fuel as an active propulsion system in automotive industry, and increasing usage of the hydrogen as an active energy source.

Besides, an extensive usage of hydrogen fuel in the automotive industry and growing practice of electrification in various sectors with the help of hydrogen energy has been the direct propelling factor behind the immense demand for this market. Hydrogen is expected to become a game-changer in energy sector if its low-carbon form (green or blue hydrogen) is widespread by reducing the challenges it is facing.

To help gain the business owner further gain business intelligence the study on the Blue Hydrogen Market for the forecast period 2024 – 2027 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.

Key Highlights From The Report

In July 2024, Equinor, a Norway-based petroleum refining company, revealed a major project in the hydrogen generation coupled with carbon capture with storage system. The aim of the project is to produce blue hydrogen using natural gas with the associated CO2 captured and safety storage of the same.

A shift in renewable power sources has helped the market grow drastically as the blue hydrogen works as an initiator of the green hydrogen and its proper commercialization in the future. Portable power, storage based power especially for the automotive & domestic electricity generation are some of the market propellers. The Power Generation in the End-Use Vertical segment is growing at a CAGR of 17.3% throughout the projected era.

North America owing to its leading investment in the electrification & renewable power generation sources, along with a higher thrust on the alternative propulsion system for the automotive especially in the United States is expected to fuel regional market growth substantially.

Key players in the market Royal Dutch Shell PLC, Linde plc, Air Products and Chemicals, Inc., Hydrogenics, Siemens, Toshiba Energy Systems & Solutions Corp., Equinor, CertifHy Canada Inc., Green Hydrogen Systems, and Uniper SE, among others.

You Can Download Free Sample PDF Copy Blue Hydrogen Market of at https://www.emergenresearch.com/request-sample/347

The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies. The research is one of its kind global analyses of aspects such as import and export status, supply chain management, profit and gross margin worldwide for the forecast period 2024 – 2027. Extensive coverage of statistics associated with recent events including acquisition and mergers and strengths and weaknesses of a company forms an important part of the study on the Blue Hydrogen Market.

Market Segmentation

Technology Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)

Steam Methane Reforming (SMR)

Autothermal Reforming (ATR)

Gas Partial Oxidation (GP)

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)

Power Generation

Chemical Industries

Petroleum Refinery

Others

Regional Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Competitive Landscape

Royal Dutch Shell PLC,

Linde plc,

Air Products and Chemicals, Inc.,

Hydrogenics,

Siemens,

Toshiba Energy Systems & Solutions Corp.,

Equinor,

CertifHy Canada Inc.,

Green Hydrogen Systems, and

Uniper SE, among others.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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