Blue Hydrogen Market : The global market is expected to grow at a CAGR of 14.1% during the forecasted period.

As per the study initiated by Evolve Business Intelligence, the global Blue Hydrogen Market size accounted for USD 10.5 Billion in 2022, growing at a CAGR of 14.1% from 2023 to 2033. Blue hydrogen is a term used to describe hydrogen produced from natural gas or other hydrocarbons through a process called steam methane reforming (SMR) with carbon capture and storage (CCS). The goal of blue hydrogen is to mitigate the environmental impact of hydrogen production by capturing and storing the carbon emissions associated with the process.

Request Free Sample Report or PDF Copy:

Key Highlights:

  • The global Blue Hydrogen Market size was valued at USD 10.5 billion in 2022 growing at a CAGR of 14.1% from 2023 to 2033.
  • North America dominated the market in 2022
  • Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has published a new market research report on Global Automotive Steering Torque Sensors Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

In terms of COVID 19 impact, the Blue Hydrogen Market report also includes the following data points:

  • COVID19 Impact on Blue Hydrogen Market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in Blue Hydrogen Market

Buy Latest Copy of Report Now at Higher Discount:

Key Players

Some of the major Blue Hydrogen Market players holding high market share include ExxonMobil Corporation ., Air Products and Chemicals Inc ., Aker Solutions , and Dastur Energy. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:

  • ExxonMobil Corporation
  • Air Products and Chemicals Inc
  • Aker Solutions
  • Dastur Energy
  • Topsoe, Shell Plc
  • Lindle Plc
  • Petrofac Limited
  • Technip Energies N.V.
  • Johnson Matthey
  • Thyssenkrupp AG
  • Xebec Corporation
  • Aquaterra Energy Limited

Segmental Analysis

Market Segment By Technology  with focus on market share, consumption trend, and growth rate of Blue Hydrogen Market :

  • Steam Methane Reforming
  • Gas Partial Oxidation
  • Auto Thermal Reforming

Market Segment By End Use  with focus on market share, consumption trend, and growth rate of Blue Hydrogen Market :

  • Power Generation
  • Chemical
  • Refinery
Parameters Details
Market Size (2022) $ 10.5 Billion
CAGR (2023 to 2033) 9.2%
Market Segmentation Technology , End Use
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America

For more information:

Global Blue Hydrogen Market Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and opportunities
  • Competitive Intelligence provides an understanding of the ecosystem
  • Details analysis of the Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191




Leave a Reply

Your email address will not be published. Required fields are marked *