The Global Blue Hydrogen Market is forecasted to be worth USD 2.48 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include growing demands for the clean hydrogen energy with low carbon content, blue hydrogen as an enabler of the green hydrogen, increasing usage of hydrogen fuel as an active propulsion system in automotive industry, and increasing usage of the hydrogen as an active energy source.
The researcher assessing the Blue Hydrogen market dive deep to unearth intangible facts related to the key restraints, opportunities, and threats expected to shape the progress of the industry during the forecast period, 2020 – 2027. Significant evaluation of other factors such as demand and supply status, import and export, distribution channel, consumption volume, and production capability play a vital role in offering business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. All important data are presented in self-explanatory charts, tables and graphic images that can be incorporated into any business presentation.
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Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Blue Hydrogen market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Blue Hydrogen market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Blue Hydrogen market growth worldwide?
Market Segments
The global Blue Hydrogen market has been categorized based on the product type, application, and region. Our expert analysts undertake a thorough assessment of all of the segments included in the report and analyze them based on their market share, revenue, market growth rate, and other vital factors. The segmentation allows the interested parties to determine sectors in the global Blue Hydrogen market with high growth prospects and understand the growth strategies adopted by leading segments during the forecast period.
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Further key findings from the report suggest
In July 2020, Equinor, a Norway-based petroleum refining company, revealed a major project in the hydrogen generation coupled with carbon capture with storage system. The aim of the project is to produce blue hydrogen using natural gas with the associated CO2 captured and safety storage of the same.
A shift in renewable power sources has helped the market grow drastically as the blue hydrogen works as an initiator of the green hydrogen and its proper commercialization in the future. Portable power, storage based power especially for the automotive & domestic electricity generation are some of the market propellers. The Power Generation in the End-Use Vertical segment is growing at a CAGR of 17.3% throughout the projected era.
North America owing to its leading investment in the electrification & renewable power generation sources, along with a higher thrust on the alternative propulsion system for the automotive especially in the United States is expected to fuel regional market growth substantially.
Key players in the market Royal Dutch Shell PLC, Linde plc, Air Products and Chemicals, Inc., Hydrogenics, Siemens, Toshiba Energy Systems & Solutions Corp., Equinor, CertifHy Canada Inc., Green Hydrogen Systems, and Uniper SE, among others.
Technology Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)
Steam Methane Reforming (SMR)
Autothermal Reforming (ATR)
Gas Partial Oxidation (GP)
End-Use Verticals Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)
Power Generation
Chemical Industries
Petroleum Refinery
Others
Regional Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Blue Hydrogen Market Segmentation & Impact Analysis
Chapter 5. Blue Hydrogen Market By Technology Insights & Trends, Revenue (USD Billion) (Million MT)
Chapter 6. Blue Hydrogen Market By End-Use Verticals Insights & Trends Revenue (USD Billion) (Million MT)
Chapter 7. Blue Hydrogen Market Regional Outlook
Continued…
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