Steam Methane Reforming Biogas to Hydrogen Market Size

Steam Methane Reforming Biogas to Hydrogen Market Size

Steam Methane Reforming Biogas to Hydrogen Market was valued USD 340.2 million in 2023 and is anticipated to grow at a CAGR of 28% between 2024 and 2032. Steam methane reforming (SMR) is a chemical process that converts methane (CH?) and steam (H?O) into hydrogen (H?) and carbon dioxide (CO?) through a series of reactions. The primary feedstock for SMR in the context of biogas is methane, which is the main component of biogas. SMR is known for its high efficiency in converting methane to hydrogen.

SMR from biogas is expected to play a more significant role in the hydrogen economy, particularly in regions with abundant biogas resources. Continued government support, coupled with increasing pressure to decarbonize, will likely accelerate the adoption of SMR-based biogas-to-hydrogen production across the region will stimulate the industry dynamics. Furthermore, growing emphasis on integrating renewable energy sources, such as wind and solar, with SMR-based hydrogen production to create a more sustainable energy mix will accelerate the industry dynamics.
 

Paradigm shift toward the adoption of zero emission energy sources along with rising private and public sector investments toward the advancement of zero emission hydrogen production technologies has increased the deployment of steam methane reforming biogas to hydrogen which will positively impact the industry statistics. Furthermore, growing adoption of hydrogen as a clean fuel source across several sectors will complement the product penetration. Shifting focus to lower the use of conventional fuel sources owing to surging greenhouse gas emissions along with continuous introduction of various grants, initiatives and exemptions by the government bodies to adopt zero emission fuel sources will boost the industry statistics.