The global blue hydrogen market size is calculated at USD 5.53 billion in 2025 and is forecasted to reach around USD 25.45 billion by 2034, accelerating at a CAGR of 18.55% from 2025 to 2034. The Middle East & Africa blue hydrogen market size surpassed USD 1.94 billion in 2025 and is expanding at a CAGR of 18.75% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Blue Hydrogen Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Blue Hydrogen Market Revenue and Volume, by Technology
8.1.1 Steam Methane Reforming
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Gas Partial Oxidation
8.1.2.1. Market Revenue and Volume Forecast
8.1.3. Auto Thermal Reforming
8.1.3.1. Market Revenue and Volume Forecast
9.1. Blue Hydrogen Market Revenue and Volume, by Transportation Mode
9.1.1. Pipeline
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Cryogenic Liquid Tankers
9.1.2.1. Market Revenue and Volume Forecast
10.1. Blue Hydrogen Market Revenue and Volume, by Application
10.1.1. Chemicals
10.1.1.1. Market Revenue and Volume Forecast
10.1.2. Refinery
10.1.2.1. Market Revenue and Volume Forecast
10.1.3. Power Generation
10.1.3.1. Market Revenue and Volume Forecast
10.1.4. Others
10.1.4.1. Market Revenue and Volume Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Technology
11.1.2. Market Revenue and Volume Forecast, by Transportation Mode
11.1.3. Market Revenue and Volume Forecast, by Application
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Technology
11.1.4.2. Market Revenue and Volume Forecast, by Transportation Mode
11.1.4.3. Market Revenue and Volume Forecast, by Application
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Technology
11.1.5.2. Market Revenue and Volume Forecast, by Transportation Mode
11.1.5.3. Market Revenue and Volume Forecast, by Application
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Technology
11.2.2. Market Revenue and Volume Forecast, by Transportation Mode
11.2.3. Market Revenue and Volume Forecast, by Application
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Technology
11.2.4.2. Market Revenue and Volume Forecast, by Transportation Mode
11.2.4.3. Market Revenue and Volume Forecast, by Application
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Technology
11.2.5.2. Market Revenue and Volume Forecast, by Transportation Mode
11.2.5.3. Market Revenue and Volume Forecast, by Application
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Technology
11.2.6.2. Market Revenue and Volume Forecast, by Transportation Mode
11.2.6.3. Market Revenue and Volume Forecast, by Application
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Technology
11.2.7.2. Market Revenue and Volume Forecast, by Transportation Mode
11.2.7.3. Market Revenue and Volume Forecast, by Application
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Technology
11.3.2. Market Revenue and Volume Forecast, by Transportation Mode
11.3.3. Market Revenue and Volume Forecast, by Application
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Technology
11.3.4.2. Market Revenue and Volume Forecast, by Transportation Mode
11.3.4.3. Market Revenue and Volume Forecast, by Application
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Technology
11.3.5.2. Market Revenue and Volume Forecast, by Transportation Mode
11.3.5.3. Market Revenue and Volume Forecast, by Application
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Technology
11.3.6.2. Market Revenue and Volume Forecast, by Transportation Mode
11.3.6.3. Market Revenue and Volume Forecast, by Application
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Technology
11.3.7.2. Market Revenue and Volume Forecast, by Transportation Mode
11.3.7.3. Market Revenue and Volume Forecast, by Application
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Technology
11.4.2. Market Revenue and Volume Forecast, by Transportation Mode
11.4.3. Market Revenue and Volume Forecast, by Application
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Technology
11.4.4.2. Market Revenue and Volume Forecast, by Transportation Mode
11.4.4.3. Market Revenue and Volume Forecast, by Application
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Technology
11.4.5.2. Market Revenue and Volume Forecast, by Transportation Mode
11.4.5.3. Market Revenue and Volume Forecast, by Application
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Technology
11.4.6.2. Market Revenue and Volume Forecast, by Transportation Mode
11.4.6.3. Market Revenue and Volume Forecast, by Application
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Technology
11.4.7.2. Market Revenue and Volume Forecast, by Transportation Mode
11.4.7.3. Market Revenue and Volume Forecast, by Application
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Technology
11.5.2. Market Revenue and Volume Forecast, by Transportation Mode
11.5.3. Market Revenue and Volume Forecast, by Application
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Technology
11.5.4.2. Market Revenue and Volume Forecast, by Transportation Mode
11.5.4.3. Market Revenue and Volume Forecast, by Application
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Technology
11.5.5.2. Market Revenue and Volume Forecast, by Transportation Mode
11.5.5.3. Market Revenue and Volume Forecast, by Application
12.1. Linde Plc
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Shell Group of Companies
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Air Liquide
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Air Products and Chemicals, Inc
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Engie
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Equinor ASA
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. SOL Group
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Iwatani Corp
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. INOX Air Products Ltd
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Exxon Mobil Corp.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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