Middle East & Africa Blue Hydrogen Market Size & Outlook
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MEA blue hydrogen market highlights
- The MEA blue hydrogen market generated a revenue of USD 1,748.8 million in 2024.
- The market is expected to grow at a CAGR of 6.2% from 2025 to 2030.
- In terms of segment, steam methane reforming was the largest revenue generating technology in 2024.
- Auto Thermal Reforming is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 1,748.8 million |
| Market revenue in 2030 | USD 2,905.6 million |
| Growth rate | 6.2% (CAGR from 2025 to 2030) |
| Largest segment | Steam methane reforming |
| Fastest growing segment | Auto Thermal Reforming |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steam Methane Reforming, Gas Partial Oxidation, Auto Thermal Reforming |
Other key industry trends
- In terms of revenue, MEA region accounted for 32.2% of the global blue hydrogen market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 26.2 million by 2030.
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Blue Hydrogen Market Scope
Blue Hydrogen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SOL Group | View profile | 1001-5000 | Monza, Lombardia, Italy, Europe | https://www.solgroup.com/ |
| INOX Air Products | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | https://inoxairproducts.com/ |
| Equinor ASA | View profile | 24467 | Forusbeen 50, Stavanger, Norway, N-4035 | https://www.equinor.com |
| Iwatani Corp | View profile | 11351 | 6-4, Hommachi 3-chome, Chuo-ku, Osaka, Japan, 541-0053 | http://www.iwatani.co.jp |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Engie SA | View profile | 97000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | https://www.engie.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
Middle East & Africa blue hydrogen market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blue hydrogen market will help companies and investors design strategic landscapes.
Steam methane reforming was the largest segment with a revenue share of 74.94% in 2024. Horizon Databook has segmented the Middle East & Africa blue hydrogen market based on steam methane reforming, gas partial oxidation, auto thermal reforming covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa blue hydrogen market databook
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Our clientele includes a mix of blue hydrogen market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa blue hydrogen market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa blue hydrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA blue hydrogen market size, by country, 2018-2030 (US$M)
Middle East & Africa Blue Hydrogen Market Outlook Share, 2024 & 2030 (US$M)
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