The latest report by MarkNtel Advisors, titled “Green Hydrogen Market Report By Technology (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, Solid Oxide Electrolyzer, Others), By Energy Source (Solar, Wind, Other Renewable Sources), By End Users (Power Generation & Energy Storage, Automotive & Transportation, Industrial Feedstock) other and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Green Hydrogen Market research report.
What is the market outlook for Green Hydrogen?
The Green Hydrogen Market size is estimated to grow at a CAGR of around 51.23% during the forecast period 2024–30.
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Major Companies Operating in the Green Hydrogen Industry:
Air Liquide, Linde, Air Products, GAIL Limited, Shell Plc, TotalEnergies, Adani Group, Other Potential Players and Others
Green Hydrogen Market Report Segmentation:
By Technology
-Proton Exchange Membrane Electrolyzer
-Alkaline Electrolyzer
-Solid Oxide Electrolyzer
-Others
- The Proton Exchange Membrane (PEM) Electrolyzer is expected to capture a notable share of the Green Hydrogen Market in the coming years
By Energy Source
-Solar
-Wind
-Other Renewable Sources
By End Users
-Power Generation & Energy Storage
-Automotive & Transportation
-Industrial Feedstock
–Refineries & Petrochemicals
–Steel & Cement Manufacturing
–Others (Food & Beverage, etc.)
Learn More About the Market Report – https://www.marknteladvisors.com/research-library/global-green-hydrogen-market.html
Regional Insights:
- North America: USA, Canada, Mexico
- Europe: Germany, The UK, France, Italy, Spain, The Netherlands, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
- South America: Brazil, Rest of South America
- Middle East & Africa: The UAE, Saudi Arabia, Rest of GCC, South Africa, Rest of the Middle East & Africa
Global Green Hydrogen Market Driver: Increasing Government Support for the Production of Green Hydrogen
Green Hydrogen plays a critical role in decreasing the dependence on energy imports, safeguarding the environment, and satisfying the growing energy needs globally. In relation to this, governments are developing hydrogen strategies and taking necessary initiatives by providing their support to drive economies towards green hydrogen in refineries, fertilizers, and gas networks across the globe.
Moreover, the Asia-Pacific countries such as Japan, Singapore, Korea, and China promote global supply chains and progress pertinent technologies that have gained the attention of scientists, investors, and governmental bodies towards the utilization of green hydrogen at large. For instance:
In 2021, the European Commission implemented various intermediate proposals to decrease 55% of greenhouse gas emissions by 2030 as a part of the European Green Deal (EGD) Project.
The EGD is a long-term policy initiative of the EU that focuses on the climate strategy to reach net zero emissions by 2050 and provide a roadmap towards a green economic growth strategy.
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About UsMarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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