Blue Hydrogen Market worth $44.5 billion by 2030 – Exclusive Report by MarketsandMarkets™ – QNT Press Release

CHICAGO, Nov. 25, 2022 /PRNewswire/ — Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the increasing hydrogen demand in petroleum refineries and transportation and Power Generation Facilities applications.

Browse in-depth TOC on “Blue Hydrogen Market”

98 – Tables
48 – Figures
152 – Pages

Download PDF Brochure:

SMR is estimated to be the fastest-growing technology segment.

The steam methane reforming segment accounted for the largest market share of the Blue Hydrogen Market in 2021. SMR is a cost-effective and energy-efficient method of producing hydrogen. It is commonly used due to the easy availability of raw materials (methane). These factors are responsible for the growth of the segment.

By end user, the petroleum Refineries is expected to be the major segment of the Blue Hydrogen Market.

The petroleum refineries segment is estimated to grow at the highest CAGR from 2022 to …

Full story available on

Source link

Recommended For You

About the Author: News Center