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Air Liquide, Air Products & Chemicals, Inc., ALLY HI-TECH CO., LTD., CALORIC, HyGear, and Linde plc are some of the major industry players. Collaborative efforts lead to the development of innovative technologies, improved process efficiency, and cost reductions in steam methane reforming. Manufacturers of steam methane reforming equipment, catalysts, and other essential components play a pivotal role in the market. Furthermore, their ability to innovate, produce high-quality products, and meet the evolving needs of hydrogen producers influences the competitiveness and efficiency of SMR facilities.
Major key players operating across the Europe steam methane reforming hydrogen generation industry include:
Europe steam methane reforming hydrogen generation industry from petroleum refining segment is expected to reach over USD 20 billion by 2032 due to rising investments to desulfurize the petroleum products along with the upgradation and expansion of refineries.
Russia steam methane reforming hydrogen generation industry is expected to record over USD 9 billion by 2032 due to rising energy demand from various end user segments along with increasing cross border & sector strategic partnerships in the country.
European market for steam methane reforming hydrogen generation was reached USD 26.7 billion in 2023 and is expected to register 6.9% CAGR from 2024 to 2032, owing to its efficiency and cost-effectiveness in the region.
Air Liquide, ALLY HI-TECH CO., LTD., CALORIC, HyGear, Linde plc, Mahler AGS GmbH, Messer, NUVERA FUEL CELLS, LLC, Plug Power Inc., TAIYYON NIPPON SANSO CORPORATION, and Topsoe, are some of the major steam methane reforming hydrogen generation companies in Europe.