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World - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights

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Natural Gas Reforming Hydrogen Production

Natural gas reforming is one of the most common methods used for producing hydrogen. It involves the conversion of hydrocarbon fuels, primarily natural gas, into hydrogen gas by a process called steam methane reforming (SMR).

In the SMR process, natural gas (methane) reacts with steam at high temperatures (700-1100°C) and under high pressures (3-25 bar) in the presence of a catalyst. The reaction produces a mixture of hydrogen gas (H2), carbon monoxide (CO), carbon dioxide (CO2), and water vapor (H2O). This mixture is then separated and purified to obtain high-purity hydrogen gas.

Process Steps

The natural gas reforming process can be divided into several steps:

Desulfurization: Natural gas is first treated to remove sulfur compounds that can poison the catalyst used in subsequent steps.
Steam Methane Reforming: The desulfurized natural gas is mixed with steam and fed into a reformer. Inside the reformer, the gas mixture is heated to high temperatures, typically using a fired heater or an electric heater, and passes through a catalyst bed. The methane in the natural gas reacts with steam to produce hydrogen, carbon monoxide, carbon dioxide, and water vapor.
Water-Gas Shift Reaction: The gas mixture from the reformer, which contains CO and steam, undergoes the water-gas shift reaction. In this step, the CO reacts with steam to form additional H2 and CO2.
Gas Purification: The gaseous mixture is cooled, and impurities such as CO2, CO, and trace hydrocarbons are removed. Several purification processes, such as pressure swing adsorption and membranes, are commonly used.
Compression: The purified hydrogen gas is compressed to the desired pressure for storage or transportation.

Advantages and Challenges

Natural gas reforming for hydrogen production has several advantages:

Abundant and Affordable: Natural gas is a widely available and relatively inexpensive resource, making it a cost-effective option for producing hydrogen.
Efficient: The SMR process is highly efficient and can achieve hydrogen purity levels of up to 99.9%.
Existing Infrastructure: The infrastructure for natural gas extraction, transportation, and distribution is already well-established, which can facilitate the adoption of natural gas reforming for hydrogen production.

However, there are also some challenges associated with natural gas reforming:

Greenhouse Gas Emissions: The reforming process produces a significant amount of CO2, a greenhouse gas contributing to climate change. Although technologies for carbon capture and storage (CCS) are available to mitigate CO2 emissions, they add complexity and cost to the overall process.
Dependence on Fossil Fuels: Natural gas reforming relies on fossil fuels, which are non-renewable resources. As the world transitions towards cleaner and more sustainable energy sources, the long-term viability of natural gas reforming may be limited.
Transportation and Storage: Hydrogen gas is less dense than natural gas, requiring large storage volumes and specialized transportation infrastructure. These additional requirements can increase the overall costs of hydrogen production and distribution.

This report provides an in-depth analysis of the global hydrogen market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20111150 - Hydrogen

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

Dow, Linde, Cummins, Air Products & Chemicals, Ballard Power Systems, Ceres Power, Air Liquide, NES Fircroft, Cleantech Group, China Hydrogen Alliance, Sinopec, China Hydrogen Energy Technology Co., Rosatom, Rosneft, Gazprom, Gazpromneft, Rostec, Reliance Industries Ltd, GAIL, NTPC, Indian Oil Corp, Larsen and Toubro, Bloom Energy Corp, Nikola Corporation

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023