South Africa Blue Hydrogen Market Size & Outlook

The blue hydrogen market in South Africa is expected to reach a projected revenue of US$ 275.6 million by 2030. A compound annual growth rate of 10.2% is expected of South Africa blue hydrogen market from 2025 to 2030.
Revenue, 2024 (US$M)
$132.8
Forecast, 2030 (US$M)
$275.6
CAGR, 2025 - 2030
10.2%
Report Coverage
South Africa

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South Africa blue hydrogen market, 2018-2030 (US$M)

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South Africa blue hydrogen market highlights

  • The South Africa blue hydrogen market generated a revenue of USD 132.8 million in 2024 and is expected to reach USD 275.6 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 10.2% 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.


Blue hydrogen market data book summary

Market revenue in 2024USD 132.8 million
Market revenue in 2030USD 275.6 million
Growth rate10.2% (CAGR from 2025 to 2030)
Largest segmentSteam methane reforming
Fastest growing segmentAuto Thermal Reforming
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSteam Methane Reforming, Gas Partial Oxidation, Auto Thermal Reforming


Other key industry trends

  • In terms of revenue, South Africa accounted for 2.4% of the global blue hydrogen market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia blue hydrogen market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 275.6 million by 2030.

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Blue Hydrogen Market Scope

Blue hydrogen market segmentation & scope
Steam Methane Reforming
Gas Partial Oxidation
Auto Thermal Reforming
Chemical
Refinery
Power Generation
Others
Pipeline
Cryogenic Liquid Tankers

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

South 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 79.74% in 2024. Horizon Databook has segmented the South 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 South Africa blue hydrogen market databook

  • Our clientele includes a mix of blue hydrogen market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 country-level data and insights on the South Africa blue hydrogen market , including forecasts for subscribers. This country databook contains high-level insights into South Africa blue hydrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa blue hydrogen market size, by technology, 2018-2030 (US$M)

South Africa Blue Hydrogen Market Outlook Share, 2024 & 2030 (US$M)

South Africa blue hydrogen market size, by technology, 2018-2030 (US$M)

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