Blue Hydrogen Market Key Companies, Business Opportunities, Competitive Landscape and Industry Analysis Research Report by 2027

That Blue Hydrogen Market is estimated at $2.48 billion by 2027, according to a recent analysis by Emergen Research. The key factors affecting the market include the growing demand for clean, low-carbon hydrogen energy, blue hydrogen as a enabler of green hydrogen, the increasing use of hydrogen fuel as an active propulsion system in the automotive industry, and the increasing use of hydrogen as an active energy source.

In addition, the widespread use of hydrogen fuel in the automotive industry and the increasing practice of electrification in various sectors using hydrogen energy has been the direct driving factor behind the immense demand for this market. Hydrogen is expected to become a game changer in the energy sector when its low-carbon form (green or blue hydrogen) is widely adopted by reducing the challenges it faces.

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key players in the market Among others 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.

Competition site:

The global blue hydrogen market is highly consolidated due to the presence of a large number of companies in this industry. The report thoroughly discusses the current market standing of these companies, their past performance, demand and supply graph, production and consumption patterns, distribution network, distribution channels, and growth opportunities in the market. The report examines the strategic approach taken by key market players to expand their product offerings and strengthen their market position.

Competitive landscape:

Additionally, the report includes an in-depth analysis of the competitive landscape. The segment includes a comprehensive overview of company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins and manufacturing process developments. The report also covers strategic business moves taken by the companies to gain significant market share. The report provides insightful information on recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements and government deals.

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Other key findings from the report suggest

  • In July 2020, Equinor, a Norway-based petroleum refiner, unveiled a major project in hydrogen production coupled with carbon capture with storage system. The aim of the project is the production of blue hydrogen from natural gas with the associated CO2 separation and safe storage of the same.
  • A switch to renewable energy sources has helped the market to grow drastically as the blue hydrogen acts as the initiator of the green hydrogen and its proper commercialization in the future. Portable energy, storage-based energy, especially for automotive and household power generation, are some of the market propellers. Power generation in the End-Use Vertical segment is growing at a CAGR of 17.3% throughout the planned period.
  • North America is expected to significantly boost regional market growth due to its leading investments in electrification and renewable energy generation sources along with a higher push for alternative powertrain systems for the automotive industry, particularly in the United States.

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For the purpose of this report, Emergen Research has segmented the global blue hydrogen market on the basis of technology, end-use industries, and region:

  • Technology Outlook (Revenue: USD bn; Volume: Mn MT; 2017-2027)
    • Steam Methane Reforming (SMR)
    • Autothermal reforming (ATR)
    • Gas Partial Oxidation (GP)
  • End User Vertical Outlook (Revenue: USD Billions; Volume: Million Tons; 2017-2027)
    • power generation
    • Chemical industry
    • petroleum refinery
    • Other
  • Regional Outlook (Sales: USD bn; Volume: Mt; 2017-2027)
    • North America
      1. US
      2. Canada
    • Europe
      1. Russia
      2. United Kingdom
      3. Germany
      4. France
      5. BENELUX
    • Asia Pacific
      1. China
      2. Japan
      3. India
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MY
      1. Saudi Arabia
      2. UAE
      3. Israel
      4. Rest of MEA

Key Benefits of Buying the Global Blue Hydrogen Report:

  • Comprehensive analysis of the changing competitive landscape
  • Helps in decision making processes for the companies along with detailed strategic planning methods
  • The report provides an 8-year forecast and assessment of the global blue hydrogen market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends and opportunities
  • Comprehensive regional analysis of the global blue hydrogen market
  • Extensive profiling of the most important stakeholders in the economy
  • Detailed analysis of the factors influencing the growth of the global Blue Hydrogen Market

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About Emerging Research

Emergen Research is a market research and consulting firm offering syndicated research reports, custom research reports and consulting services. Our solutions are solely focused on your purpose of locating, targeting and analyzing changes in consumer behavior across demographics and industries and helping customers make smarter business decisions. We offer market intelligence studies that ensure relevant and fact-based research across multiple industries including Healthcare, Touch Points, Chemicals, Types and Energy.

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