NEW DELHI, Dec. 16, 2021 /PRNewswire/ — According to the report by Astute Analytica, the global hydrogen market generated a revenue of US$ 187,517.3 million in the year 2020, the market is growing at a CAGR of 6.6% during the forecast period of 2021-2027. In terms of volume, the global hydrogen market is estimated at 67,672.9 tons in the year 2020.
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Hydrogen is the lightest element which has intrinsic properties like tasteless, odorless, colorless. Hydrogen is a highly flammable gas. Hydrogen is the most essential element for existence of life.
The carbon intensity of hydrogen use is dependent on whether grey, blue, brown, or green hydrogen is being utilized. Although green and blue hydrogen are low carbon energy solution, their utilization is constrained due to lack of infrastructure and…
Hydrogen Market Size Is Projected to Reach USD 286,789.2 Million by 2027 | CAGR: 6.6%
