Press release
STEAM METHANE REFORMING Market Size, Share, Development by 2023
Steam Methane Reforming, or SMR, processes feedstocks, ranging from natural gas to light naphtha, mixed with steam to produce a hydrogen rich syngas effluent, with a typical H2/CO ratio of 3:1 to 5:1. SMR based plants are most commonly used to produce a hydrogen product or a combination of a hydrogen stream and another syngas product. In an SMR based plant, a heated mixture of the hydrocarbon feedstock and steam flows through catalyst filled tubes within a fired furnace called a reformer. The report covers large and medium SMR with hydrogen production capacity ranging ranging more than 1000 Nm3 /hr.
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Global STEAM METHANE REFORMING Market: Forecast by Type / Application / Region
The global crude oil industry is dominated by large corporations, and these corporations are becoming larger through acquisitions, allowing themselves to offer a wider range of oil field services such as exploration, drilling, design, and engineering. Lower oil prices have a side effect to this industry. If the profit of upstream crude oil manufacturers is reduced, the willingness of these manufacturers to retrofit and upgrade new ones will be reduced, which may reduce such large projects
According to this study, over the next five years the STEAM METHANE REFORMING market will register a 2.7% CAGR in terms of revenue, the global market size will reach US$ 690 million by 2024, from US$ 600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in STEAM METHANE REFORMING business, shared in Chapter 3.
Global STEAM METHANE REFORMING Market: Key Players
Honeywell UOP
Air Liquide
Linde
Amec Foster Wheeler
Air Products and Chemicals
Caloric Anlagenbau GmbH
KBR
Heurtey Petrochem
McDermott
Haldor Topsoe
thyssenkrupp
Toyo Engineering Corporation
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Related Information:
United States STEAM METHANE REFORMING Market Research Report 2018
Europe STEAM METHANE REFORMING Market Research Report 2018
North America STEAM METHANE REFORMING Market Research Report 2018
Asia-Pacific STEAM METHANE REFORMING Market Research Report 2018
China STEAM METHANE REFORMING Market Research Report 2018
EMEA STEAM METHANE REFORMING Market Research Report 2018
Global STEAM METHANE REFORMING Market Research Report 2018
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