Captive Petroleum Refinery Hydrogen Generation Market

Companies Dominating the Captive Petroleum Refinery Hydrogen Generation Landscape

Key players in the captive petroleum refinery hydrogen generation market are employing several strategies such as new technology launches, strategic partnerships, alliances, and regional expansions to earn high profits. They are partnering with other players and technology companies to innovate hydrogen generation technologies. Industry giants are also targeting high-potential regions to tap into profitable revenue streams. Some of the key players include:

GAIL Limited
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Air Liquide
Air Products and Chemicals
Emerson
Fluor Corporation
Next Hydrogen
Technip Energies
Maire Tecnimont
ExxonMobil Corporation
Nel Hydrogen
Wood Plc
Element Fuel Holdings
Chennai Petroleum Corporation (CPCL)

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Captive Petroleum Refinery Hydrogen Generation Market Size Report 2037

In the News

In January 2024, researchers from the Technion, Israel Institute of Technology announced the introduction of new green technology for the production of hydrogen. This technology is anticipated to mitigate the operational cost and boost the use of green hydrogen as a sustainable and clean alternative.
In June 2024, Element Fuel Holdings announced its plan to build an all-in-new oil refinery plant in Texas. The refinery is estimated to produce 50,000 to 55,000 barrels per day to cater to the demand for advanced hydrogen technologies.
In January 2023, ExxonMobil Corporation announced its plan to produce low-carbon hydrogen at its refining and petrochemical facility in Texas. The company expects to produce up to 1 billion cubic feet per day of hydrogen from natural gas.

Frequently Asked Questions (FAQ)

The global captive petroleum refinery hydrogen generation market will be valued at USD 52.3 billion in 2025.

Expanding at a CAGR of 6.8%, the global market is expected to increase from USD 50.8 billion in 2024 to USD 115.2 billion by 2037.

Some leading companies are GAIL Limited, Air Liquide, Air Products and Chemicals, Emerson, Wood Plc, ExxonMobil Corporation, and Element Fuel Holdings.

The steam reformer segment is estimated to capture a strong 86.3% of the market share through 2037.

Asia Pacific is expected to hold 39.4% of the global market share through 2037.

Captive Petroleum Refinery Hydrogen Generation Market - Top Companies and Manufacturers

Companies Dominating the Captive Petroleum Refinery Hydrogen Generation Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

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Captive Petroleum Refinery Hydrogen Generation Market - Top Companies and Manufacturers

Companies Dominating the Captive Petroleum Refinery Hydrogen Generation Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the captive petroleum refinery hydrogen generation market?

What is the outlook for the captive petroleum refinery hydrogen generation market?

Who are the major key players dominating the captive petroleum refinery hydrogen generation market?

Which process segment is expected to lead the captive petroleum refinery hydrogen generation market by 2037?

Which region will provide more business opportunities for the growth of the captive petroleum refinery hydrogen generation market in the future?