Steam Methane Reforming Biogas to Hydrogen Market Analysis

Steam Methane Reforming Biogas to Hydrogen Market Analysis

Based on application, the transport segment is anticipated to witness more than 17.5% CAGR through 2032. Continuous government investments to reduce carbon emissions along with extensive measures to increase the adoption of FCEVs will boost the business scenario. It further promotes a circular economy by converting waste including agricultural, municipal, or industrial organic waste into a valuable energy source for transport, thereby reducing waste and greenhouse gas emissions. Furthermore, economies are beginning to explore the use of biogas-derived hydrogen for buses and other public transport vehicles, leveraging existing waste management infrastructure to source biogas, thereby driving the business scenario.
 

Asia Pacific steam methane reforming biogas to hydrogen market is likely to exceed USD 307.5 million by 2032, owing to decarbonization, growing demand for clean energy, and the availability of biogas resources. Several APAC countries, including Japan, South Korea, and Australia, have set ambitious targets for carbon neutrality. These goals are driving investments in hydrogen production, including SMR-based biogas-to-hydrogen, as a pathway to reduce greenhouse gas emissions. Technological improvements in SMR processes, availability of agricultural and organic waste in many countries and collaborations focusing on pilot projects and demonstrations will stimulate the industry statistics.
 

The U.S. steam methane reforming biogas to hydrogen market driven by technological advancements, policy support, and growing interest in sustainable energy solutions. Several states are revising their RPS to include hydrogen as a qualifying renewable energy source, driving investments in SMR biogas-to-hydrogen projects. In addition, increasing interest in using hydrogen as a fuel for heavy-duty vehicles, especially in sectors like trucking and public transportation which will drive the business scenario.