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Sep 29, 2020 (AmericaNewsHour) —
Global Steam Methane Reforming Market was valued at USD 600 Million in the year 2019. Global Steam Methane Reforming Market is further estimated to grow at a CAGR of 3% from 2019 to reach USD 710 Million by the year 2025. 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 … Read More