Friday, April 11, 2025

Green Hydrogen Market Size is projected to reach USD 72 Billion by 2030, growing at a CAGR of 55%: Straits Research

Straits Research – Market Research Strategy | Strategy Consulting | Business Research | Business Consulting | Market ResearchThe global green hydrogen market size was worth USD 1 billion in 2021 and is projected to reach USD 72 billion by 2030, growing at a CAGR of 55% during the forecast period (2022–2030). Europe leads the global green hydrogen market owing to huge investments by the European economies, aiming for an energy transition into a clean hydrogen-based economy.New York, United States, June 29, 2022 (GLOBE NEWSWIRE) — Electrolyzing water molecules produce green hydrogen to separate hydrogen and oxygen atoms using solar and wind energy. It is manufactured without hydrocarbons, resulting in lower carbon emissions. Green hydrogen can reduce pollution by using renewable energy to power water electrolysis, which is abundant and can be produced at less-than-ideal periods. The…

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