The global green hydrogen market size was estimated at USD 7.98 billion in 2024 and is projected to reach USD 60.56 billion by 2030, growing at a CAGR of 38.5% from 2025 to 2030. Green hydrogen is generated through the electrolysis of water, a process that utilizes electricity derived exclusively from renewable sources such as solar and wind energy. This method ensures that the...

The global green hydrogen market is projected to reach USD 60.56 billion by 2030, reflecting a compound annual growth rate (CAGR) of 38.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. This growth is largely driven by increased government investments and subsidies aimed at supporting clean fuel adoption, alongside the promotion of the hydrogen economy as a...