The Impact of COVID-19 is included in Blue Hydrogen Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Blue Hydrogen Trends and Forecast
The future of the global blue hydrogen market looks promising with opportunities in the petroleum refinery, chemical, and power generation facility markets. The global blue hydrogen market is expected to reach an estimated $36.5 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing demand for fuel cell-based electric vehicles and rising concern towards carbon emission in environment.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Blue Hydrogen by Segment
The study includes a forecast for the global blue hydrogen by technology, application, and region.
Blue Hydrogen Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Steam Methane Reforming (SMR)
• Gas Partial Oxidation (POX)
• Auto Thermal Reforming (ATR)
Blue Hydrogen Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Petroleum Refineries
• Chemical Industry
• Power Generation Facilities
• Others
Blue Hydrogen Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Blue Hydrogen Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blue hydrogen companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blue hydrogen companies profiled in this report include-
• Shell
• Linde
• Air Products and Chemicals
• Aker Solutions
• ExxonMobil
Blue Hydrogen Market Insights
Lucintel forecasts that steam methane reforming will remain the largest segment over the forecast period.
Within this market, petroleum refinery will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Blue Hydrogen Market
Market Size Estimates: Blue hydrogen market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blue hydrogen market size by technology, application, and region in terms of value ($B).
Regional Analysis: Blue hydrogen market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technologies, applications, and regions for the blue hydrogen market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blue hydrogen market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the blue hydrogen market size?
Answer: The global blue hydrogen market is expected to reach an estimated $36.5 billion by 2030.
Q2. What is the growth forecast for blue hydrogen market?
Answer: The global blue hydrogen market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the blue hydrogen market?
Answer: The major drivers for this market are growing demand for fuel cell-based electric vehicles and rising concern towards carbon emission in environment.
Q4. What are the major segments for blue hydrogen market?
Answer: The future of the blue hydrogen market looks promising with opportunities in the petroleum refinery, chemical, and power generation facility markets.
Q5. Who are the key blue hydrogen market companies?
Answer: Some of the key blue hydrogen companies are as follows:
• Shell
• Linde
• Air Products and Chemicals
• Aker Solutions
• ExxonMobil
Q6. Which blue hydrogen market segment will be the largest in future?
Answer: Lucintel forecasts that steam methane reforming will remain the largest segment over the forecast period.
Q7. In blue hydrogen market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the blue hydrogen market by technology (steam methane reforming, gas partial oxidation, and auto thermal reforming), application (petroleum refineries, chemical industry, power generation facilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Blue Hydrogen Market, Blue Hydrogen Market Size, Blue Hydrogen Market Growth, Blue Hydrogen Market Analysis, Blue Hydrogen Market Report, Blue Hydrogen Market Share, Blue Hydrogen Market Trends, Blue Hydrogen Market Forecast, Blue Hydrogen Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Blue Hydrogen Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Blue Hydrogen Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Blue Hydrogen Market by Technology
3.3.1: Steam Methane Reforming (SMR)
3.3.2: Gas Partial Oxidation (POX)
3.3.3: Auto Thermal Reforming (ATR)
3.4: Global Blue Hydrogen Market by Application
3.4.1: Petroleum Refineries
3.4.2: Chemical Industry
3.4.3: Power Generation Facilities
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Blue Hydrogen Market by Region
4.2: North American Blue Hydrogen Market
4.2.2: North American Blue Hydrogen Market by Application: Petroleum Refineries, Chemical Industry, Power Generation Facilities, and Others
4.3: European Blue Hydrogen Market
4.3.1: European Blue Hydrogen Market by Technology: Steam Methane Reforming (SMR), Gas Partial Oxidation (POX), and Auto Thermal Reforming (ATR)
4.3.2: European Blue Hydrogen Market by Application: Petroleum Refineries, Chemical Industry, Power Generation Facilities, and Others
4.4: APAC Blue Hydrogen Market
4.4.1: APAC Blue Hydrogen Market by Technology: Steam Methane Reforming (SMR), Gas Partial Oxidation (POX), and Auto Thermal Reforming (ATR)
4.4.2: APAC Blue Hydrogen Market by Application: Petroleum Refineries, Chemical Industry, Power Generation Facilities, and Others
4.5: ROW Blue Hydrogen Market
4.5.1: ROW Blue Hydrogen Market by Technology: Steam Methane Reforming (SMR), Gas Partial Oxidation (POX), and Auto Thermal Reforming (ATR)
4.5.2: ROW Blue Hydrogen Market by Application: Petroleum Refineries, Chemical Industry, Power Generation Facilities, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Blue Hydrogen Market by Technology
6.1.2: Growth Opportunities for the Global Blue Hydrogen Market by Application
6.1.3: Growth Opportunities for the Global Blue Hydrogen Market by Region
6.2: Emerging Trends in the Global Blue Hydrogen Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Blue Hydrogen Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Blue Hydrogen Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Shell
7.2: Linde
7.3: Air Products and Chemicals
7.4: Aker Solutions
7.5: ExxonMobil
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Blue Hydrogen Market Report.