The Petroleum Refinery Hydrogen Market refers to the consumption of hydrogen in petroleum refineries for processes like hydrocracking, hydrotreating, and desulfurization to enhance the quality of petroleum products. The market, valued at USD 133.1 billion in 2023, is expected to grow at a CAGR of 5.4% from 2024 to 2032. The industry is driven by stricter environmental regulations, such as the IMO's sulfur cap and the EU's emissions regulations, pushing refineries to produce cleaner fuels to meet standards. Technological advancements, like modern hydro processing technologies, and innovations in catalysts are augmenting the industry's growth. The report also highlights the trend of integrating renewable hydrogen to reduce carbon footprints and the shift towards cleaner energy sources. Asia Pacific is set to lead in market revenue by 2032, driven by industrialization, urbanization, and government commitments to carbon emissions reduction. The U.S. is witnessing a rise in green fuel adoption in refineries due to federal and state-level commitments to carbon neutrality. Companies are focusing on green hydrogen production technologies, forming partnerships with renewable energy developers, and investing in electrolysis technologies. Notable industry players include BP, ExxonMobil, and Chevron. Industry news showcases initiatives like Total Energies partnering with VNG for green hydrogen use in Germany and Indian Oil Corporation's target of green hydrogen plants at each refinery by 2047. Overall, the Petroleum Refinery Hydrogen Market is experiencing positive growth driven by sustainability trends, technological advancements, and increasing demand for cleaner fuels.