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Petroleum Refining Blue Hydrogen Market Share

Report ID: GMI9368
Published Date: May 2024
Report Format: PDF

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Petroleum Refining Blue Hydrogen Market Share

Petroleum Refining Blue Hydrogen Company Market Share

Air Products and Chemicals, Inc., Exxon Mobil, Shell, Air Liquide, BP p.l.c and Air Liquide are some leading industry players. Technology providers and energy companies are looking to vertically integrate their operations and capture value across the hydrogen value chain, from production to distribution. Companies may further form strategic partnerships to collaborate on research and development, pilot projects, or commercialization efforts for blue hydrogen production technologies, thereby augmenting the business landscape.

Petroleum Refining Blue Hydrogen Market Companies

Some of the major key players operating across the petroleum refining blue hydrogen industry are:

Air Products and Chemicals, Inc.
BP p.l.c
Exxon Mobil Corporation
Shell plc
Air Liquide
Technip Energies N.V.
TOPSOE
Equinor
Johnson Matthey
SK E&S

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of petroleum refining blue hydrogen was reached USD 1.24 billion in 2023 and is set to grow at 8% CAGR during 2024 to 2032, driven by continued advancements in SMR and ATR technologies.

Petroleum refining blue hydrogen market from the steam methane reforming production process segment will exceed USD 1.8 billion by 2032, driven by emissions trading systems that create financial incentives for industries to reduce CO2 emissions.

Europe petroleum refining blue hydrogen market size will cross USD 870 million by 2032, owing to the ambitious targets set to reduce greenhouse gas emissions.

Air Products and Chemicals, Inc., BP p.l.c, Exxon Mobil Corporation, Shell plc, Air Liquide, Technip Energies N.V., TOPSOE, Equinor, Johnson Matthey, and SK E&S among others.