For a long time, oil producers have simply flared associated petroleum gas (so called "flare gas"), considered an unwanted oil by-product. But with increased energy demand coinciding with an escalation in environmental consciousness — flaring now often is avoided, and sometimes even prohibited. Flare-to-Hydrogen technology converts environmentally harmful flaring gases right at the flare of an oil production field to clean hydrogen and solid carbon. As flare gas compositions vary in a wide range, the process filters out pure methane CH4, which reacts in the methane pyrolysis process to hydrogen and solid carbon.
The global Flare-to-Hydrogen market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Flare-to-Hydrogen is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Flare-to-Hydrogen is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Flare-to-Hydrogen in Electric Power Production is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Flare-to-Hydrogen include H2-Enterprises, HiiROC, Levidian, Enerflex, Monolith, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Flare-to-Hydrogen, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Flare-to-Hydrogen.
The Flare-to-Hydrogen market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Flare-to-Hydrogen market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Flare-to-Hydrogen companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
H2-Enterprises
HiiROC
Levidian
Enerflex
Monolith
Segment by Type
Oil Wells
Gas Wells
Others
Segment by Application
Electric Power Production
Energy Storage
Industrial Use
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Flare-to-Hydrogen company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Flare-to-Hydrogen Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Oil Wells
1.2.3 Gas Wells
1.2.4 Others
1.3 Market by Application
1.3.1 Global Flare-to-Hydrogen Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Electric Power Production
1.3.3 Energy Storage
1.3.4 Industrial Use
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Flare-to-Hydrogen Market Perspective (2019-2030)
2.2 Global Flare-to-Hydrogen Growth Trends by Region
2.2.1 Global Flare-to-Hydrogen Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Flare-to-Hydrogen Historic Market Size by Region (2019-2024)
2.2.3 Flare-to-Hydrogen Forecasted Market Size by Region (2025-2030)
2.3 Flare-to-Hydrogen Market Dynamics
2.3.1 Flare-to-Hydrogen Industry Trends
2.3.2 Flare-to-Hydrogen Market Drivers
2.3.3 Flare-to-Hydrogen Market Challenges
2.3.4 Flare-to-Hydrogen Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Flare-to-Hydrogen Players by Revenue
3.1.1 Global Top Flare-to-Hydrogen Players by Revenue (2019-2024)
3.1.2 Global Flare-to-Hydrogen Revenue Market Share by Players (2019-2024)
3.2 Global Flare-to-Hydrogen Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Flare-to-Hydrogen Revenue
3.4 Global Flare-to-Hydrogen Market Concentration Ratio
3.4.1 Global Flare-to-Hydrogen Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Flare-to-Hydrogen Revenue in 2023
3.5 Global Key Players of Flare-to-Hydrogen Head office and Area Served
3.6 Global Key Players of Flare-to-Hydrogen, Product and Application
3.7 Global Key Players of Flare-to-Hydrogen, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Flare-to-Hydrogen Breakdown Data by Type
4.1 Global Flare-to-Hydrogen Historic Market Size by Type (2019-2024)
4.2 Global Flare-to-Hydrogen Forecasted Market Size by Type (2025-2030)
5 Flare-to-Hydrogen Breakdown Data by Application
5.1 Global Flare-to-Hydrogen Historic Market Size by Application (2019-2024)
5.2 Global Flare-to-Hydrogen Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Flare-to-Hydrogen Market Size (2019-2030)
6.2 North America Flare-to-Hydrogen Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Flare-to-Hydrogen Market Size by Country (2019-2024)
6.4 North America Flare-to-Hydrogen Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Flare-to-Hydrogen Market Size (2019-2030)
7.2 Europe Flare-to-Hydrogen Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Flare-to-Hydrogen Market Size by Country (2019-2024)
7.4 Europe Flare-to-Hydrogen Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Flare-to-Hydrogen Market Size (2019-2030)
8.2 Asia-Pacific Flare-to-Hydrogen Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Flare-to-Hydrogen Market Size by Region (2019-2024)
8.4 Asia-Pacific Flare-to-Hydrogen Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Flare-to-Hydrogen Market Size (2019-2030)
9.2 Latin America Flare-to-Hydrogen Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Flare-to-Hydrogen Market Size by Country (2019-2024)
9.4 Latin America Flare-to-Hydrogen Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Flare-to-Hydrogen Market Size (2019-2030)
10.2 Middle East & Africa Flare-to-Hydrogen Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Flare-to-Hydrogen Market Size by Country (2019-2024)
10.4 Middle East & Africa Flare-to-Hydrogen Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 H2-Enterprises
11.1.1 H2-Enterprises Company Details
11.1.2 H2-Enterprises Business Overview
11.1.3 H2-Enterprises Flare-to-Hydrogen Introduction
11.1.4 H2-Enterprises Revenue in Flare-to-Hydrogen Business (2019-2024)
11.1.5 H2-Enterprises Recent Development
11.2 HiiROC
11.2.1 HiiROC Company Details
11.2.2 HiiROC Business Overview
11.2.3 HiiROC Flare-to-Hydrogen Introduction
11.2.4 HiiROC Revenue in Flare-to-Hydrogen Business (2019-2024)
11.2.5 HiiROC Recent Development
11.3 Levidian
11.3.1 Levidian Company Details
11.3.2 Levidian Business Overview
11.3.3 Levidian Flare-to-Hydrogen Introduction
11.3.4 Levidian Revenue in Flare-to-Hydrogen Business (2019-2024)
11.3.5 Levidian Recent Development
11.4 Enerflex
11.4.1 Enerflex Company Details
11.4.2 Enerflex Business Overview
11.4.3 Enerflex Flare-to-Hydrogen Introduction
11.4.4 Enerflex Revenue in Flare-to-Hydrogen Business (2019-2024)
11.4.5 Enerflex Recent Development
11.5 Monolith
11.5.1 Monolith Company Details
11.5.2 Monolith Business Overview
11.5.3 Monolith Flare-to-Hydrogen Introduction
11.5.4 Monolith Revenue in Flare-to-Hydrogen Business (2019-2024)
11.5.5 Monolith Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
H2-Enterprises
HiiROC
Levidian
Enerflex
Monolith
*If Applicable.