By 2027, Blue Hydrogen Market will make little economic sense

The global market landscape of Blue Hydrogen is expected to remain in a very competitive and highly consolidated landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

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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Key findings from the report

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.

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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

Table of Content

Chapter 1. Methodology & Sources

1.1. Blue Hydrogen Market Definition

1.2. Blue Hydrogen Market Research Scope

1.3. Blue Hydrogen Market Methodology

1.4. Blue Hydrogen Market Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Blue Hydrogen 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

Continued….

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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