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The global hydrogen market is projected to reach $529 billion by 2034, driven by green and blue hydrogen growth, decarbonization, and major U.S. projects.
The global hydrogen market is set to expand rapidly, reaching $529 billion by 2034, driven by green and blue hydrogen growth, decarbonization efforts, and advances in electrolysis and carbon capture.
North America’s green hydrogen market is expected to grow at 20.26% annually, fueled by government incentives and renewable energy investments.
Major projects in the U.S. Gulf Coast, including a $1.8 billion blue hydrogen facility and a $400 million ASU, aim to produce low-carbon ammonia and capture over 2.2 million tons of CO₂ yearly.
The hydrogen fuel cell vehicle market could surge to $110 billion by 2035, supported by infrastructure expansion and policy backing, with Asia Pacific leading adoption but North America and Europe accelerating.
Se proyecta que el mercado mundial de hidrógeno alcanzará los 529.000 millones de dólares en 2034, impulsado por el crecimiento del hidrógeno verde y azul, la descarbonización y los principales proyectos de Estados Unidos.