Chemical Blue Hydrogen Market Size - By Technology (Steam Methane Reforming, Autothermal Reforming, Partial Oxidation), 2024 – 2032

Some of the key chemical blue hydrogen firms are Air Liquide, Shell plc, Bechtel Corporation, BP p.l.c., Exxon Mobil Corporation, Equinor ASA, Technip Energies N.V, Linde plc, Air Products and Chemicals, Inc., and Reliance Industries Limited

North America chemical blue hydrogen industry size is likely to exceed USD 400 billion by 2032, owing to extensive R&D activities for the introduction of several projects supported by government to cut emissions.

Chemical blue hydrogen market from the steam methane reforming technology segment is set to grow at over 10.5% CAGR from 2024 to 2032, due to its cost-effectiveness, high conversion efficiency and established energy security.

The market size of chemical blue hydrogen was worth USD 700 million in 2023 and is anticipated to reach more than USD 2.1 billion by 2032, due to the rising focus on the reduction of greenhouse gas emissions worldwide.