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Autothermal Reforming Blue Hydrogen Market Share

Report ID: GMI11424
Published Date: Sep 2024
Report Format: PDF

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Autothermal Reforming Blue Hydrogen Market Share

Autothermal Reforming Blue Hydrogen Company Market Share

Eminent players are prioritizing the development of innovative ATR technologies that enhance efficiency and reduce production costs. These innovations make ATR a cost-effective solution for large-scale blue hydrogen production. Companies are also focusing on optimizing the energy efficiency of the ATR process by reducing natural gas consumption, which lowers both operational costs and emissions, making their technologies more attractive to industrial clients.

Key players are investing heavily in large-scale ATR facilities to meet the growing demand for blue hydrogen. These production facilities not only meet increasing hydrogen demand but also reduce per-unit production costs due to economies of scale.

Autothermal Reforming Blue Hydrogen Market Companies

Eminent players operating in the autothermal reforming blue hydrogen industry are:

Air Liquide
Air Products
Clariant AG
Equinor
Johnson Matthey
KBR
Lummus Technology
Linde Plc
Shell
Technip Energies
Thyssenkrupp
Wood

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of autothermal reforming blue hydrogen reached USD 58.4 million in 2023 and will register a 16.5% CAGR from 2024 to 2032, as this production process offers high carbon capture rates to align with stringent climate targets and government mandates and reduce GHG emissions.

Chemical segment is set to grow at a CAGR of over 19% through 2032, due to the ability of autothermal reforming to produce large volumes of hydrogen, supporting continuous production efficiently.

Europe market is anticipated to reach over USD 127 million by 2032, driven by thriving stringent carbon emission regulations, and accelerated shift toward low-carbon technologies.

Johnson Matthey, KBR, Lummus Technology, Linde Plc, Shell, and Technip Energies, among others.