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Autothermal Reforming Blue Hydrogen Market Trends

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

Autothermal Reforming Blue Hydrogen Market Trends

Growing demand for processes offering the ability to seamlessly integrate with existing industrial processes, such as refineries and petrochemical plants, allowing for clean fuel production alongside existing chemical processes leading to augment business outlook. This also minimizes infrastructure investment and provides operational synergies that can reduce overall costs for hydrogen producers. Additionally, the process ability to capture CO2 as part of the blue hydrogen production process makes it a natural fit for circular carbon economy models, where captured carbon can be reused or stored, thereby driving the industry statistics.

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.

Autothermal Reforming Blue Hydrogen Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 30
  • Countries covered: 21
  • Pages: 70
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