Asia Pacific Chemical Blue Hydrogen Market Size - By Technology (Steam Methane Reforming, Autothermal Reforming, Partial Oxidation), Country Outlook & Forecast, 2024 – 2032

Asia Pacific Chemical Blue Hydrogen Market Size - By Technology (Steam Methane Reforming, Autothermal Reforming, Partial Oxidation), Country Outlook & Forecast, 2024 – 2032

Asia Pacific Chemical Blue Hydrogen Market size will expand at 9.8% CAGR from 2024 to 2032, due to increasing partnerships for innovations and efficiency in production and application. Several companies are working together to develop cost-effective methods for producing blue hydrogen which involves capturing and storing the carbon emissions generated during production.

These collaborations are helping in improving carbon capture technologies and expanding infrastructure for hydrogen distribution. For instance, in January 2023, Equinor and RWE collaborated on a large-scale clean hydrogen project for advancing chemical blue hydrogen production by enhancing carbon capture and storage technologies to support sustainable energy solutions and reduce carbon emissions.

The market is segregated into technology, and country.

In terms of technology, the auto-thermal reforming segment in the Asia Pacific chemical blue hydrogen industry is set to experience growth at a significant rate through 2032. Auto-thermal reforming (ATR) is used in the production of chemical blue hydrogen as it combines partial oxidation and steam reforming processes to convert natural gas into hydrogen and carbon dioxide. This method is highly favored for its efficiency in capturing carbon emissions which are then stored or utilized for reducing the environmental impacts. Lately, a large number of companies are also integrating ATR technology to optimize hydrogen yield while improving the sustainability of hydrogen production.

With respect to country, India chemical blue hydrogen industry size is projected to depict robust growth between 2024 and 2032. This is driven by the strong need to reduce the carbon footprint along with the surging government incentives and policies for developing sustainable hydrogen production methods that align with environmental targets. Government initiatives include incentives for R&D in clean energy technologies and subsidies to promote the adoption of carbon capture and storage solutions. These actions are further fostering a conducive environment for innovation and investment in blue hydrogen projects in the country.