Press release
Blue Hydrogen Market is anticipated to expand at a compound annual growth rate (CAGR) XX% from 2021 to 2031
Blue Hydrogen Market
Blue Hydrogen is a type of hydrogen that is produced by extracting the gas from natural gas. The process of extracting the gas is called methane cracking, and it produces a gas that is 99.999% pure hydrogen. The main advantage of blue hydrogen is that it can be produced without emitting any carbon dioxide, making it a very clean and environmentally friendly fuel.
Read more about Blue Hydrogen Market here: https://www.globalinsightservices.com/reports/blue-hydrogen-market/
Key Trends:
One of the most important is the increasing use of blue hydrogen in the transportation sector. This is because blue hydrogen is a cleaner and more efficient fuel than traditional petrol or diesel.
Another key trend in blue hydrogen technology is the increasing use of blue hydrogen in power generation. This is because blue hydrogen is a cleaner and more efficient fuel than natural gas or coal.
Key Drivers:
The main drivers behind the growth of blue hydrogen are:
- The need to decarbonize the hydrogen production process
- The abundance of natural gas
- The relatively low cost of natural gas
- The technical feasibility of using natural gas to produce hydrogen
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Market Segments
- By Technology:
Steam Methane Reforming
Autothermal Reforming
Gas Particle Oxidation
- By End-Use:
Power Generation
Chemical Industries
Petroleum Refinery
Others
Key Players:
- Royal Dutch Shell
- ExxonMobil
- Total SA
- Chevron Corporation
- BP plc
- Eni S.p.A.
- Anadarko Petroleum Corporation
- Apache Corporation
- ConocoPhillips
- Marathon Oil Corporation
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- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Excel data pack included with all report purchases
- Robust and transparent research methodology
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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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