Clean Hydrogen Market Size, Share, By Type (Green Hydrogen, and Blue Hydrogen), By Technology (Proton Exchange Membrane (PEM) Electrolysis, Alkaline Electrolysis, Solid Oxide Electrolysis, and Others), By Application (Transportation, Power Generation, Industrial Energy, and Other Applications), By End-User Industry (Energy and Utilities, Automotive and Transportation, Chemical Manufacturing, and Others), and By Region - Trends, Analysis and Forecast till 2034

Clean Hydrogen Market Size was valued at US$ 4.8 billion in 2024 and is expected to grow at a CAGR of 15.1% to reach US$ 17.3 billion by 2034.

Clean hydrogen is a versatile and promising energy carrier that plays a crucial role in the transition to a low-carbon economy. Unlike conventional hydrogen, which is often produced from fossil fuels and associated with high carbon emissions, clean hydrogen is produced using renewable energy sources or through low-emission processes. This clean variant of hydrogen can be generated through methods such as water electrolysis powered by renewable energy, which splits water into hydrogen and oxygen, or by reforming natural gas with carbon capture and storage technologies.