APO RESEARCH · REPORT
Steam Methane Reforming
Steam Methane Reforming, or SMR, processes feedstocks, ranging from natural gas to light naphtha, mixed with steam to produce a hydrogen rich syngas effluent, with a typical H2/CO ratio of 3:1 to 5:1. SMR based plants are most commonly used to produce a hydrogen product or a combination of a hydrogen stream and another syngas product. In an SMR based plant, a heated mixture of the hydrocarbon feedstock and steam flows through catalyst filled tubes within a fired furnace called a reformer. The report covers large and medium SMR with hydrogen production capacity ranging ranging more than 1000 Nm3 /hr.
Product & engineering
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Steam Methane Reforming, or SMR, processes feedstocks, ranging from natural gas to light naphtha, mixed with steam to produce a hydrogen rich syngas effluent, with a typical H2/CO ratio of 3:1 to 5:1. SMR based plants are most commonly used to produce a hydrogen product or a combination of a hydrogen stream and another syngas product. In an SMR based plant, a heated mixture of the hydrocarbon feedstock and steam flows through catalyst filled tubes within a fired furnace called a reformer. The report covers large and medium SMR with hydrogen production capacity ranging ranging more than 1000 Nm3 /hr.
Selected research
Industry Research
Steam Methane Reforming Industry Research Report 2026
Market perspective
Steam Methane Reforming, or SMR, processes feedstocks, ranging from natural gas to light naphtha, mixed with steam to produce a hydrogen rich syngas effluent, with a typical H2/CO ratio of 3:1 to 5:1. SMR based plants are most commonly used to produce a hydrogen product or a combination of a hydrogen stream and another syngas product. In an SMR based plant, a heated mixture of the hydrocarbon feedstock and steam flows through catalyst filled tubes within a fired furnace called a reformer. The report covers large and medium SMR with hydrogen production capacity ranging ranging more than 1000 Nm3 /hr.
Europe is the largest STEAM METHANE REFORMING market with about 33% market share. Asia-Pacific is follower, accounting for about 17% market share.The key manufacturers are Honeywell UOP, Air Liquide, Linde, Amec Foster Wheeler, Air Products and Chemicals, Caloric Anlagenbau GmbH, KBR, Heurtey Petrochem, McDermott, Haldor Topsoe, thyssenkrupp, Toyo Engineering Corporation etc. Top 3 companies occupied about 32% market share.
Report Scope
Read the full market overview
This report quantifies the global Steam Methane Reforming market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Steam Methane Reforming.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Steam Methane Reforming Market by Company
Honeywell UOP
Air Liquide
Linde
Amec Foster Wheeler
Air Products and Chemicals
Caloric Anlagenbau GmbH
KBR
Heurtey Petrochem
McDermott
Haldor Topsoe
thyssenkrupp
Toyo Engineering Corporation
Steam Methane Reforming Segment by Type
Steam Methane Reforming with PSA
Steam Methane Reforming with Amine Absorption
Steam Methane Reforming Segment by Application
Refinery
Chemical Industry
Others
Steam Methane Reforming Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Steam Methane Reforming market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Steam Methane Reforming and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Steam Methane Reforming.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Steam Methane Reforming manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Steam Methane Reforming by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Steam Methane Reforming in regional level and country level. 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 production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Steam Methane Reforming with PSA
- Steam Methane Reforming with Amine Absorption
Applications
- Refinery
- Chemical Industry
- Others
Companies covered
- Honeywell UOP
- Air Liquide
- Linde
- Amec Foster Wheeler
- Air Products and Chemicals
- Caloric Anlagenbau GmbH
- KBR
- Heurtey Petrochem
- McDermott
- Haldor Topsoe
- thyssenkrupp
- Toyo Engineering Corporation
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Steam Methane Reforming by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Steam Methane Reforming with PSA
- 2.2.3 Steam Methane Reforming with Amine Absorption
- 2.3 Steam Methane Reforming by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Refinery
- 2.3.3 Chemical Industry
- 2.3.4 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Steam Methane Reforming Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Steam Methane Reforming Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Steam Methane Reforming Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Steam Methane Reforming Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Steam Methane Reforming Production by Manufacturers (2021-2026)
- 3.2 Global Steam Methane Reforming Production Value by Manufacturers (2021-2026)
- 3.3 Global Steam Methane Reforming Average Price by Manufacturers (2021-2026)
- 3.4 Global Steam Methane Reforming Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Steam Methane Reforming Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Steam Methane Reforming Manufacturers, Product Type & Application
- 3.7 Global Steam Methane Reforming Manufacturers Established Date
- 3.8 Global Steam Methane Reforming Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Honeywell UOP
- 4.1.1 Honeywell UOP Steam Methane Reforming Company Information
- 4.1.2 Honeywell UOP Steam Methane Reforming Business Overview
- 4.1.3 Honeywell UOP Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.1.4 Honeywell UOP Product Portfolio
- 4.1.5 Honeywell UOP Recent Developments
- 4.2 Air Liquide
- 4.2.1 Air Liquide Steam Methane Reforming Company Information
- 4.2.2 Air Liquide Steam Methane Reforming Business Overview
- 4.2.3 Air Liquide Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.2.4 Air Liquide Product Portfolio
- 4.2.5 Air Liquide Recent Developments
- 4.3 Linde
- 4.3.1 Linde Steam Methane Reforming Company Information
- 4.3.2 Linde Steam Methane Reforming Business Overview
- 4.3.3 Linde Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.3.4 Linde Product Portfolio
- 4.3.5 Linde Recent Developments
- 4.4 Amec Foster Wheeler
- 4.4.1 Amec Foster Wheeler Steam Methane Reforming Company Information
- 4.4.2 Amec Foster Wheeler Steam Methane Reforming Business Overview
- 4.4.3 Amec Foster Wheeler Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.4.4 Amec Foster Wheeler Product Portfolio
- 4.4.5 Amec Foster Wheeler Recent Developments
- 4.5 Air Products and Chemicals
- 4.5.1 Air Products and Chemicals Steam Methane Reforming Company Information
- 4.5.2 Air Products and Chemicals Steam Methane Reforming Business Overview
- 4.5.3 Air Products and Chemicals Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.5.4 Air Products and Chemicals Product Portfolio
- 4.5.5 Air Products and Chemicals Recent Developments
- 4.6 Caloric Anlagenbau GmbH
- 4.6.1 Caloric Anlagenbau GmbH Steam Methane Reforming Company Information
- 4.6.2 Caloric Anlagenbau GmbH Steam Methane Reforming Business Overview
- 4.6.3 Caloric Anlagenbau GmbH Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.6.4 Caloric Anlagenbau GmbH Product Portfolio
- 4.6.5 Caloric Anlagenbau GmbH Recent Developments
- 4.7 KBR
- 4.7.1 KBR Steam Methane Reforming Company Information
- 4.7.2 KBR Steam Methane Reforming Business Overview
- 4.7.3 KBR Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.7.4 KBR Product Portfolio
- 4.7.5 KBR Recent Developments
- 4.8 Heurtey Petrochem
- 4.8.1 Heurtey Petrochem Steam Methane Reforming Company Information
- 4.8.2 Heurtey Petrochem Steam Methane Reforming Business Overview
- 4.8.3 Heurtey Petrochem Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.8.4 Heurtey Petrochem Product Portfolio
- 4.8.5 Heurtey Petrochem Recent Developments
- 4.9 McDermott
- 4.9.1 McDermott Steam Methane Reforming Company Information
- 4.9.2 McDermott Steam Methane Reforming Business Overview
- 4.9.3 McDermott Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.9.4 McDermott Product Portfolio
- 4.9.5 McDermott Recent Developments
- 4.10 Haldor Topsoe
- 4.10.1 Haldor Topsoe Steam Methane Reforming Company Information
- 4.10.2 Haldor Topsoe Steam Methane Reforming Business Overview
- 4.10.3 Haldor Topsoe Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.10.4 Haldor Topsoe Product Portfolio
- 4.10.5 Haldor Topsoe Recent Developments
- 4.11 thyssenkrupp
- 4.11.1 thyssenkrupp Steam Methane Reforming Company Information
- 4.11.2 thyssenkrupp Steam Methane Reforming Business Overview
- 4.11.3 thyssenkrupp Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.11.4 thyssenkrupp Product Portfolio
- 4.11.5 thyssenkrupp Recent Developments
- 4.12 Toyo Engineering Corporation
- 4.12.1 Toyo Engineering Corporation Steam Methane Reforming Company Information
- 4.12.2 Toyo Engineering Corporation Steam Methane Reforming Business Overview
- 4.12.3 Toyo Engineering Corporation Steam Methane Reforming Production, Value and Gross Margin (2021-2026)
- 4.12.4 Toyo Engineering Corporation Product Portfolio
- 4.12.5 Toyo Engineering Corporation Recent Developments
5 Global Steam Methane Reforming Production by Region
- 5.1 Global Steam Methane Reforming Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Steam Methane Reforming Production by Region: 2021-2032
- 5.2.1 Global Steam Methane Reforming Production by Region: 2021-2026
- 5.2.2 Global Steam Methane Reforming Production Forecast by Region (2027-2032)
- 5.3 Global Steam Methane Reforming Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Steam Methane Reforming Production Value by Region: 2021-2032
- 5.4.1 Global Steam Methane Reforming Production Value by Region: 2021-2026
- 5.4.2 Global Steam Methane Reforming Production Value Forecast by Region (2027-2032)
- 5.5 Global Steam Methane Reforming Market Price Analysis by Region (2021-2026)
- 5.6 Global Steam Methane Reforming Production and Value, YOY Growth
- 5.6.1 North America Steam Methane Reforming Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Steam Methane Reforming Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Steam Methane Reforming Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Steam Methane Reforming Production Value Estimates and Forecasts (2021-2032)
6 Global Steam Methane Reforming Consumption by Region
- 6.1 Global Steam Methane Reforming Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Steam Methane Reforming Consumption by Region (2021-2032)
- 6.2.1 Global Steam Methane Reforming Consumption by Region: 2021-2026
- 6.2.2 Global Steam Methane Reforming Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Steam Methane Reforming Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Steam Methane Reforming Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Steam Methane Reforming Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Steam Methane Reforming Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Steam Methane Reforming Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Steam Methane Reforming Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Steam Methane Reforming Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Steam Methane Reforming Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Steam Methane Reforming Production by Type (2021-2032)
- 7.1.1 Global Steam Methane Reforming Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Steam Methane Reforming Production Market Share by Type (2021-2032)
- 7.2 Global Steam Methane Reforming Production Value by Type (2021-2032)
- 7.2.1 Global Steam Methane Reforming Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Steam Methane Reforming Production Value Market Share by Type (2021-2032)
- 7.3 Global Steam Methane Reforming Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Steam Methane Reforming Production by Application (2021-2032)
- 8.1.1 Global Steam Methane Reforming Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Steam Methane Reforming Production Market Share by Application (2021-2032)
- 8.2 Global Steam Methane Reforming Production Value by Application (2021-2032)
- 8.2.1 Global Steam Methane Reforming Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Steam Methane Reforming Production Value Market Share by Application (2021-2032)
- 8.3 Global Steam Methane Reforming Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Steam Methane Reforming Value Chain Analysis
- 9.1.1 Steam Methane Reforming Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Steam Methane Reforming Production Mode & Process
- 9.2 Steam Methane Reforming Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Steam Methane Reforming Distributors
- 9.2.3 Steam Methane Reforming Customers
10 Global Steam Methane Reforming Analyzing Market Dynamics
- 10.1 Steam Methane Reforming Industry Trends
- 10.2 Steam Methane Reforming Industry Drivers
- 10.3 Steam Methane Reforming Industry Opportunities and Challenges
- 10.4 Steam Methane Reforming Industry Restraints
11 Report Conclusion
12 Disclaimer
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