Captive Petroleum Refinery Hydrogen Generation Market Segmentation:
Process (Steam Reformer, Electrolysis)
The steam reformer segment is foreseen to account for 86.3% of the global market share by 2035. Petroleum refineries are actively adopting advanced steam reformer technologies for hydrogen production due to their effectiveness in mitigating carbon emissions and sustainable manufacturing practices. For instance, in April 2022, Wood Plc announced the launch of its new steam methane reforming technology that mitigates 95% of carbon emissions compared to conventional hydrogen plants.
Our in-depth analysis of the captive petroleum refinery hydrogen generation market includes the following segments:
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Process
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of captive petroleum refinery hydrogen generation is assessed at USD 56.65 billion.
Captive Petroleum Refinery Hydrogen Generation Market size was over USD 53.7 billion in 2025 and is anticipated to cross USD 97.08 billion by 2035, witnessing more than 6.1% CAGR during the forecast period i.e., between 2026-2035.
Asia Pacific holds a 39.4% share in the Captive Petroleum Refinery Hydrogen Generation Market, driven by the strong presence of refinery plants and increasing consumption of hydrogen power in the industrial sector, including petroleum, ensuring strong growth by 2035.
Key players in the market include GAIL Limited, Air Liquide, Air Products and Chemicals, Emerson, Wood Plc, ExxonMobil Corporation, and Element Fuel Holdings.
