Blue Ammonia Market Share Expected to Reach $7,664 Million by 2030
The global Blue Ammonia Market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% according to a new report by MarketsandMarkets™. Blue ammonia is a type of ammonia that is produced using natural gas as a feedstock, but with the carbon dioxide emissions from the production process captured and stored. This makes blue ammonia a lower-carbon...
H2-ICE Market Size, Share, Growth Ananlysis by 2035
The H2-ICE market is projected to grow to 36,300-36,400 units by 2035, at a CAGR of 49.0% from 2031 to 2035. The factors driving the demand for the H2-ICE market are the growing push towards sustainable & emission-free transportation and OEM’s focus on R&D investments. Hydrogen engines can use the existing refueling infrastructure with a few modifications. Also, the infrastructure developed...
Exploring the Growth of Electrolyzer Market Size Amidst the Hydrogen Revolution
The global Electrolyzer Market Size is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period. The growing demand for cleaner fuels is one of the major factors driving the Electrolyzers Market. Global electrolyzers demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. Governments worldwide...
CNG, RNG, and Hydrogen Tanks Market Industry Share, Size, Trends, Revenue & Global Forecast
The global CNG, RNG, and hydrogen tank market industry size is projected to grow USD 2.5 billion in 2022 and is projected to reach USD 5.6 billion by 2030, at a CAGR of 10.7% from 2023 to 2030. During the forecast period, the CNG, RNG, and hydrogen tank market is expected to grow significantly in the coming years, driven by Increasing number of natural gas vehicles. The market is also expected to...
Green Hydrogen Market Industry Leaders, Recent Developments & FAQ
The green hydrogen market industry is projected to grow from USD 1.1 Billion in 2023 to USD 30.6 Billion by 2030, at a CAGR of 61.1% during the forecasted period. Green hydrogen is increasingly utilized in various industries like power, grid injection, mobility, and industrial processes. The countries are aggressively moving towards emission-free economies, with the green hydrogen economy being a...
Hydrogen IC Engines Market to Generate $327 Million Revenue by 2035
The global Hydrogen IC Engines Market in terms of revenue was estimated to be worth $12 million in 2024 and is poised to reach $327 million by 2035, growing at a CAGR of 34.7% from 2024 to 2035 according to a new report by MarketsandMarkets™.
The global Hydrogen IC Engines Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such...
Green Ammonia Market May Reach to $6.2 Billion by 2030 at CAGR of 66.0%
The global Green Ammonia Market in terms of revenue was estimated to be worth $0.3 billion in 2024 and is poised to reach $6.2 billion by 2030, growing at a CAGR of 66.0% from 2024 to 2030 according to a new report by MarketsandMarkets™.
Green ammonia may be produced using renewable energy sources such as wind and solar power. This integration promotes the use of excess renewable energy, which...
Sustainable Fuel Market Size to Hit $299.9 billion by 2029
Sustainable Fuel Market, Outlook 2029
The sustainable fuel market is expected to reach USD 299.9 billion by 2029, up from an anticipated USD 193.8 billion in 2024, at a CAGR of 9.1% over the forecast period. Governments throughout the world are enacting stronger environmental restrictions and policies to encourage the use of renewable energy. The fluctuating costs of traditional fossil fuels provide...
Green Ammonia: The Next Big Thing in Renewable Energy
Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed from the air using an air separation unit. In this process, hydrogen and nitrogen react at high temperatures and pressures to produce ammonia. Rising investment...
Green Energy Revolution: US Electrolyzers Industry Pioneers Hydrogen Economy
The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of electrolyzer technology for green hydrogen production. Among the end-use industries, the energy and mobility sector...