Captive Hydrogen Generation Market Size - By Process (Steam Reformer, Electrolysis), By Application (Petroleum Refining, Chemical, Metal), Regional Outlook & Forecast, 2024 - 2032

Global Captive Hydrogen Generation Market size is predicted to record over 6.4% CAGR from 2024 to 2032, due to increasing partnerships within the energy sector. These collaborative efforts are enhancing the development and deployment of hydrogen production technologies, making them more accessible and efficient.

Concurrently, advancements in energy storage solutions are improving the integration of hydrogen into various energy systems for enabling more effective and reliable storage as well as use of hydrogen. For instance, in September 2023, NTPC Green Energy Limited NGEL and Nayara Energy signed an MoU to explore opportunities in green hydrogen and green energy. This collaboration helped advance captive hydrogen generation through joint innovations and technological developments.

The market is segregated into process, application, and region.

In terms of process, the electrolysis segment in the captive hydrogen generation industry is set to depict significant growth through 2032, owing to the increasing utilization to produce hydrogen on-site for various applications. This method involves splitting water into hydrogen and oxygen using electricity. In addition, the electrolysis process is becoming more integral to captive hydrogen generation with advancements leading to higher production rates and greater sustainability.

By application, the captive hydrogen generation market from the petroleum refinery segment is expected to rise from 2024 to 2032, driven by increasing adoption to enhance efficiency and reduce emissions. Refineries are adopting on-site hydrogen production to support processes, such as desulfurization and hydrogenation, which are essential for producing cleaner fuels. This approach is also improving operational sustainability and reducing reliance on external hydrogen supply.

Regionally, the North America captive hydrogen generation industry size is anticipated to depict robust growth between 2024 and 2032, driven by the rising local and regional energy needs. Businesses in the region are currently adapting to meet the growing demand for cleaner energy sources while addressing the decarbonization goals. While companies are working on establishing and enhancing hydrogen production facilities for supporting energy transitions. These efforts to integrate advanced technologies for making hydrogen a central component of energy solutions will drive the regional market growth.