Green Hydrogen Market Size, Share & Trends Analysis Report by Technology (Proton exchange membrane electrolyzer, Alkaline electrolyzer, Solid oxide electrolyzer) By Applications (Power Generation, Transport, Others) By End-Use (Food & beverages, Medical, Chemical, Petrochemicals, Glass, Others) By Geography (North America, Europe, Asia-Pacific, South America, RoW) Forecast till 2028

Global Green Hydrogen Market Overview 

The Global Green Hydrogen Market size is estimated to reach $8.01 billion by 2028, growing at a CAGR of 43.3% over the forecast period of 2022-2028. Green hydrogen is hydrogen produced solely from renewable energy sources. Green hydrogen emits much less carbon dioxide than grey hydrogen, made from natural gas steam reforming and accounts for 95% of the market. Green hydrogen, created from renewable energy sources like the sun and wind, has much promise for meeting the world's future energy needs. Green hydrogen's economics, on the other hand, is now challenging, owing to the wide range of essential costs and availability of renewable energy sources.