Please Wait.....
Report
North America Steam Methane Reforming Market By Distribution (Pipelines, Cryogenic Tanks), By End Use (Transportation, Chemicals, Others), By Country, Competition, Forecast and Opportunities, 2020-2030F
Market Report I 2025-05-16 I 120 Pages I TechSci Research
Market Overview
The North America Steam Methane Reforming Market was valued at USD 3.24 Billion in 2024 and is projected to reach USD 4.38 Billion by 2030, growing at a CAGR of 5.15% during the forecast period. Steam methane reforming (SMR) is a widely adopted method for large-scale hydrogen production, utilizing high-temperature steam to extract hydrogen from methane, primarily derived from natural gas. This process is foundational to North America's hydrogen supply chain, especially in sectors such as oil refining, ammonia synthesis, and chemical manufacturing. The region's abundant natural gas resources and established infrastructure make SMR an economically viable option for hydrogen production. Rising investment in low-carbon energy technologies and decarbonization initiatives is further boosting the SMR market, particularly through the adoption of carbon capture, utilization, and storage (CCUS), transforming conventional SMR into "blue hydrogen" production. With industrial hubs in the U.S. Gulf Coast and Canada's Alberta region expanding hydrogen capabilities, SMR remains a core strategy for meeting clean energy targets and supporting the emerging hydrogen economy. Public-private partnerships and government-backed incentives are playing a key role in advancing SMR infrastructure across power generation, manufacturing, and transport sectors.
Key Market Drivers
Growing Hydrogen Demand in Industrial Applications Driving Steam Methane Reforming Adoption
The North America Steam Methane Reforming Market is witnessing strong momentum due to the growing need for hydrogen across a wide range of industrial applications. SMR continues to dominate hydrogen production due to its cost efficiency and integration within critical sectors such as refining, ammonia, and methanol production. In oil refineries, hydrogen is essential for hydrocracking and hydrotreating processes that remove sulfur and other contaminants from fuels, enabling compliance with emissions regulations. The sustained refining activity across North America, especially in the United States and Canada, supports ongoing SMR utilization. Additionally, hydrogen is a crucial input in ammonia and methanol production-key components for fertilizer and chemical manufacturing. As agricultural demand and plastic production grow, so does the demand for hydrogen, reinforcing SMR's role in industrial hydrogen supply. In the metals industry, hydrogen is increasingly used in processes such as direct reduced iron production, offering a lower-carbon alternative to conventional methods. As industrial sectors prioritize emissions reduction and energy efficiency, SMR paired with CCUS is gaining traction as a cleaner hydrogen production pathway.
Key Market Challenges
High Carbon Emissions Undermining Long-Term Viability of Steam Methane Reforming Technology
A major challenge facing the North America Steam Methane Reforming Market is the high level of carbon emissions associated with the process. Despite its economic viability and widespread use, SMR generates significant CO? emissions during both the reforming and water-gas shift reactions. As North American governments implement stricter environmental regulations and introduce carbon pricing, the sustainability of traditional SMR is increasingly questioned. These policy changes raise operational costs and create uncertainty for companies considering future SMR investments, particularly for those unable to incorporate carbon capture and storage solutions. Retrofitting existing facilities with CCUS infrastructure is capital-intensive and complex, often only feasible for large operators with sufficient financial resources. Furthermore, the availability of suitable CO? storage sites varies by region, creating additional barriers for widespread CCUS adoption. As industries transition to cleaner energy sources, and with electrolysis powered by renewables gaining popularity, the long-term competitiveness of SMR without emission mitigation strategies is at risk.
Key Market Trends
Integration of Carbon Capture Technologies into Existing Steam Methane Reforming Facilities
An emerging trend in the North America Steam Methane Reforming Market is the growing integration of carbon capture technologies to reduce emissions and meet decarbonization goals. As regulatory bodies and industry sustainability commitments place pressure on producers to cut carbon output, hydrogen producers are incorporating carbon capture systems into SMR operations to produce low-emission or "blue" hydrogen. This shift allows companies to maintain the scalability and cost benefits of SMR while addressing environmental concerns. Large-scale energy and industrial gas firms are leading the transition, supported by favorable government policies, funding initiatives, and tax incentives in both the U.S. and Canada. Recent improvements in carbon capture efficiency and the availability of more reliable infrastructure are also encouraging broader adoption. These advancements are helping reduce the economic burden of CCUS implementation, making it a more viable option for medium-scale producers. As demand grows for low-carbon hydrogen, SMR facilities with integrated carbon capture will be well-positioned to serve industries prioritizing sustainability, energy security, and regulatory compliance.
Key Market Players
- Air Products and Chemicals, Inc.
- Linde plc
- BOC Limited
- Shell International B.V.
- Honeywell International Inc.
- TechnipFMC plc
- Worley Limited
- McDermott International, Ltd.
Report Scope:
In this report, the North America Steam Methane Reforming Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- North America Steam Methane Reforming Market, By Distribution:
o Pipelines
o Cryogenic Tanks
- North America Steam Methane Reforming Market, By End Use:
o Transportation
o Chemicals
o Others
- North America Steam Methane Reforming Market, By Country:
o United States
o Canada
o Mexico
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the North America Steam Methane Reforming Market.
Available Customizations:
North America Steam Methane Reforming Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Solution Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1. Secondary Research
2.5.2. Primary Research
2.6. Approach for the Market Study
2.6.1. The Bottom-Up Approach
2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
2.8.1. Data Triangulation & Validation
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. North America Steam Methane Reforming Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Distribution (Pipelines, Cryogenic Tanks)
5.2.2. By End Use (Transportation, Chemicals, Others)
5.2.3. By Country (United States, Canada, Mexico)
5.2.4. By Company (2024)
5.3. Market Map
6. United States Steam Methane Reforming Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Distribution
6.2.2. By End Use
7. Canada Steam Methane Reforming Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Distribution
7.2.2. By End Use
8. Mexico Steam Methane Reforming Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Distribution
8.2.2. By End Use
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
10.1. Merger & Acquisition (If Any)
10.2. Product Launches (If Any)
10.3. Recent Developments
11. Company Profiles
11.1. Air Products and Chemicals, Inc.
11.1.1. Business Overview
11.1.2. Key Revenue and Financials
11.1.3. Recent Developments
11.1.4. Key Personnel/Key Contact Person
11.1.5. Key Product/Services Offered
11.2. Linde plc
11.3. BOC Limited
11.4. Shell International B.V.
11.5. Honeywell International Inc.
11.6. TechnipFMC plc
11.7. Worley Limited
11.8. McDermott International, Ltd.
12. Strategic Recommendations
13. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security