Hydrogen Purification in Petroleum Refining Global Markets

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• Hydrogen Purification in Petroleum Refining
  Global Markets

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The global hydrogen purification market in the
petroleum refining industry was nearly 7.1
billion 2014. The market is expected to reach
nearly 9.9 billion by 2020 from nearly 7.5
billion in 2015, increasing at a compound annual
growth rate (CAGR) of 5.7 from 2015 to
2020. This report provides -An overview of the
global markets and related technologies for
Hydrogen purification in petroleum
refining. -Analyses of global market trends,
with data from 2014, 2015, and projections of
CAGRs through 2020. -Breakdowns of the market by
geography as well as by technology. -Evaluation
of the market's dynamics, specifically growth
drivers, restraints, and opportunities.
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INTRODUCTION Hydrogen is used extensively in the
refining industry in the various processes within
a refinery, and thus it is among the major costs
for the refinery. Hydrogen is also a major
component in the off gases generated from the
refinery processes. Historically, these off gases
were flared or used as energy sources by burning,
but with tight refining margins and improvements
in the technology for purification, these off
gases are being purified to obtain hydrogen that
can be reused in the processes. In this scenario,
hydrogen purification and the technologies that
combine hydrogen purification and compression to
obtain purified hydrogen are gaining increased
importance.
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Hydrogen is a byproduct from the industrial
processes of other industry segments, including
the metal, petrochemical and semiconductors. This
report focuses exclusively on the hydrogen
purification market in the refining industry. The
refining industry is among the major consumers of
hydrogen. The off gases with high presence of
hydrogen from the various processes in the
refinery represent major sources for
purification. In this scenario, the market for
the providers of hydrogen purification equipment
and technology to purify the off gases to obtain
high-purity hydrogen is expected to continue to
grow in the future.
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SCOPE OF THE REPORT This report focuses on the
market for hydrogen purification in the petroleum
refining industry. The market being considered is
not for hydrogen production or supply (i.e., the
electrolysis market, the merchant market). The
market being considered is for hydrogen
purification (recovery), as applicable to the
refining industry to obtain purified hydrogen
from the various processes in a refinery that can
be reused within the refinery or elsewhere. The
analysis includes data on the market size
estimates for 2014 and market forecast to 2020,
along with the growth trend. The report also
includes market size by region and technology. An
overview of the hydrogen purification
technologies, key market players in hydrogen
purification, the factors driving or restraining
the growth of the market, and the major refining
plants are also discussed. Governmental
regulations and their impact on the market, as
well as the key patent activity on the
technology, are also provided.
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METHODOLOGY The study is based on the primary and
secondary research conducted by the author. The
report and the analysis of the market were based
on primary and secondary research. Secondary
research was conducted to build the refinery
database, to understand the requirement for
hydrogen purification in the refining industry,
and to develop an understanding of the trends and
market factors affecting the market. Primary
research was conducted to understand the market
from the perspective of the market participants,
including hydrogen purification technology
providers and refiners. An estimation model for
the market was developed from the information to
determine the market for hydrogen purification in
the refining industry. The base year for this
report is 2014. The market forecast period covers
from 2015 to 2020. Revenue values are reported in
current U.S. dollars
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Table of Contents

1. Hydrogen Network In A Refinery
2. Macroeconomic Overview
3. Analyst's Credentials
4. Industry Definition
5. Technology Overview
6. Scope Of The Report
7. Information Sources
8. Intended Audience
9. Introduction
10. Methodology

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Purification in Petroleum Refining Global
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