Biogas to Hydrogen Market Size - By Production Process (Steam Methane Reforming, Autothermal Reforming, Partial Oxidation Reforming), By Application (Power Generation, Chemicals, Marine, Transport) & Forecast, 2024 – 2032

Biogas to Hydrogen Market Size

Biogas to Hydrogen Market size is assessed at USD 340.2 million in 2023 and is set to grow at a CAGR of 28% between 2024 and 2032. Biogas to hydrogen refers to the process of converting biogas, which is primarily composed of methane (CH4) and carbon dioxide (CO2), into hydrogen gas (H2). The resulting hydrogen gas is a clean-burning fuel that can be used in a variety of applications, including power generation, transportation, and industrial processes. Rising shift toward clean energy sources to mitigate climate change and reduce greenhouse gas emissions along with subsidies, tax credits, renewable energy mandates, and carbon pricing mechanisms will stimulate the market dynamics.
 

Readily available feedstock for biogas development, multiple plans for the expansion of biogas ecosystem across many economies in line with robust investments by the major economies to develop hydrogen as an energy carrier will enhance the business statistics. Growing public awareness of environmental issues, including climate change and pollution will further promote the market growth. Moreover, focused research and development activities across various institutes along with large scale adoption of energy efficiency targets will provide a foundation for biogas derived hydrogen production.
 

Paradigm shift toward energy conservation and increasing requirement for efficient sources across different applications will positively impact the product demand in various end users. Continuous technological advancements to develop hydrogen infrastructure along with biogas providing a decentralized energy source while reducing reliance on imported fossil fuels will further augment the industry landscape.
 

Biogas to Hydrogen Market Trends

Ongoing replacement of traditional hydrogen production processes into renewable methods along with rising strategic partnerships and joint ventures for project development will drive the business scenario. For instance, in July 2022, SK Ecoplant CO. LTD., Yonsei University, and Korea Institute of Production Technology jointly launched the Future Hydrogen Source Technology Development Project. It further uses organic waste to produce hydrogen while improving the production rate by nearly 20 times. In addition, improvements in catalyst efficiency, reactor design, and process optimization will drive down the production cost which will propel the product adoption.
 

Biogas to Hydrogen Market Analysis

Based on production process, the market is segmented into autothermal reforming, steam methane reforming, partial oxidation reforming and others. The steam methane reforming segment to cross USD 461 million by 2032. Ongoing advancements in biogas production technologies, including improved anaerobic digestion processes, biogas purification techniques, and gas storage solutions aligned with implementation of carbon pricing mechanisms to reduce GHG emissions will drive the low carbon intensity methods for hydrogen production. Moreover, key factors including simplicity and low-cost technology make it accessible for small scale applications and across rural areas, thereby influencing the business dynamics.
 

Based on application, the biogas to hydrogen market is segmented into power generation, chemicals, marine, transport and others. The transport application segment is poised to expand at a CAGR of 23% through 2032. Biogas can be produced in large quantities, making it a viable option for industrial scale hydrogen production. Complementing various sustainable development goals including energy access, sustainable agriculture, and climate action coupled with utilization of locally available biogas resources will enable energy independence, economic development, and environmental sustainability, thereby driving the business landscape.
 

The Asia Pacific biogas to hydrogen market is forecasted to exceed USD 307.5 million by 2032. Ongoing hydrogen development infrastructure coupled with use of hydrogen across new applications including marine, steel making among others will contribute to the industry scenario.
 

For instance, in April 2023, Hyundai Motor Company planned to construct a hydrogen production facility in South Korea. The plant will produce hydrogen using organic waste from a public sewage treatment plant in Cheongju. Furthermore, increasing use of hydrogen as a versatile energy carrier along with large scale utilization across diverse applications including fuel cell vehicles, power generation, industrial processes, and energy storage is set to sway the business dynamics.
 

Biogas to Hydrogen Market Share

Air Products and Chemicals, Inc., Hyundai Motor Company, RGH2, H2 Energy Group, Technip Energies N.V. and SYPOX GmbH are some of the prominent players operating in the industry. Community engagement and stakeholder collaboration are essential for overcoming regulatory and permitting challenges and gaining local acceptance for these projects. Furthermore, manufacturers bring expertise in scaling up production processes, thereby optimizing operations, and ensuring product quality and reliability.
 

Biogas to Hydrogen Market Companies

Some of the key market players operating across the biogas to hydrogen industry are:

• Air Products and Chemicals, Inc.
• Alps Ecoscience
• Fortescue
• FuelCell Energy
• Hazer Group Limited
• H2B2
• H2 Energy Group
• Hyundai Motor Company
• Kiwa
• Kore
• Linde Plc
• Maire Tecnimont S.p.A.
• RGH2
• SYPOX GmbH
• Technip Energies N.V.
   

Biogas to Hydrogen Industry News

• In February 2024, Maire Tecnimont was awarded an EPC contract by Eni to build a hydrogen production Livorno Biorefinery of Eni. The facility will process biogenic feedstock comprising food waste such as cooking oils & animal fats and natural gas. It will further include designing capture units for carbon residuals. This strategic plant construction will enhance the company’s presence in the industry.
   
• In November 2023, H2B2 unveiled SoHyCal, a green hydrogen plant powered by renewable energy in North America. The plant will utilize power generated from renewable energy and electrolysis technology to produce green hydrogen powered by biogas. It is estimated to fuel about 210,000 cars annually. This plant will enhance the company’s position in the industry as a large scale clean energy project developer.
   

The biogas to hydrogen market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume in MT & revenue in USD Million from 2021 to 2032, for the following segments:

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Market, By Production Process

• Steam Methane Reforming
• Autothermal Reforming
• Partial Oxidation Reforming
• Others

Market, By Application

• Power Generation
• Chemicals
• Marine
• Transport
• Others

The above information has been provided for the following regions:

• North America
• Europe
• Asia Pacific
• Rest of World