Hydrogen Market Set to Reach New Heights in Response to Increasing Energy Needs
Hydrogen is the lightest and most abundant element in the universe. Hydrogen gas has an excellent energy carrying capacity. It can be produced in large quantities and supplied to large-scale industries for various operations. It can be produced as a principal and by-product from various primary energy sources (such as wind, solar, coal, natural gas, and nuclear). Currently, hydrogen is produced in...
Blue Hydrogen Market worth USD 44.5 Billion by 2030
The global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. Hydrogen has long been recognized as a possible low-carbon transportation fuel. Blue hydrogen is primarily produced from natural gas using a process known as steam reforming, which combines...
Blue Hydrogen Market Size to Reach $44.5 Billion by 2030
The global Blue Hydrogen Market is expected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% during the forecast period. The blue hydrogen market has a promising growth potential due to several factors, including the role of blue hydrogen in carbon emission reduction, an increase in the demand for fuel cell-based electric vehicles, and a shift toward...
Blue Hydrogen: Advancing the Transition to a Low-Carbon Economy
The global Blue Hydrogen Market is expected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% during the forecast period. The blue hydrogen market has a promising growth potential due to several factors, including the role of blue hydrogen in carbon emission reduction, an increase in the demand for fuel cell-based electric vehicles, and a shift toward...
Blue Hydrogen Market worth $44.5 Billion by 2030
The
global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion
by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the
increasing hydrogen demand in petroleum refineries and transportation and Power
Generation Facilities applications.
SMR is
estimated to be the fastest-growing...