The Green Hydrogen Market Report 2025-2035: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Government Policies and Net-Zero Commitments
Governments worldwide are implementing policies, incentives, and regulations to accelerate the adoption of green hydrogen as part of their decarbonization strategies. Countries such as the European Union, Japan, South Korea, and the United States have launched hydrogen roadmaps, setting ambitious production targets and offering financial incentives like subsidies and tax credits. The U.S. Inflation Reduction Act (IRA) of 2022 introduced a production tax credit of up to $3 per kg of green hydrogen, significantly improving its cost competitiveness against grey hydrogen. Additionally, Europe's REPowerEU Plan aims to produce 10 million tons of green hydrogen by 2030 while importing an additional 10 million tons, demonstrating strong policy support.
High Production Costs and Infrastructure Investment Gaps
Despite rapid advancements, green hydrogen remains significantly more expensive than fossil fuel-based hydrogen (gray and blue hydrogen). The levelized cost of hydrogen (LCOH) from electrolysis is still 2-3 times higher than that of conventional hydrogen due to high electricity costs, expensive electrolyzers, and low capacity utilization rates. Additionally, the lack of dedicated hydrogen pipelines, storage facilities, and refueling infrastructure increases logistical costs and slows adoption. Without substantial government incentives and private investment, achieving cost parity with conventional fuels remains a major hurdle.
What Questions Should You Ask before Buying a Market Research Report?
- How is the green hydrogen market evolving?
- What is driving and restraining the green hydrogen market?
- How will each green hydrogen submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2035?
- How will the market shares for each green hydrogen submarket develop from 2025 to 2035?
- What will be the main driver for the overall market from 2025 to 2035?
- Will leading green hydrogen markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2035 and which geographical region will lead the market in 2035?
- Who are the leading players and what are their prospects over the forecast period?
- What are the green hydrogen projects for these leading companies?
- How will the industry evolve during the period between 2025 and 2035? What are the implications of green hydrogen projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the green hydrogen market?
- Where is the green hydrogen market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the green hydrogen market today, and over the next 10 years:
- Our 380-page report provides 125 tables and 193 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Forecasts to 2035 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2035, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising green hydrogen prices and recent developments.
Segments Covered in the Report
By Storage & Distribution
- Pipeline Transportation
- Carriers (Ammonia, LOHC, Methanol)
- Compressed Storage
By Energy Source
- Solar Energy
- Wind Energy
- Others/Various Energies
- Undisclosed Sources
By Technology
- Proton Exchange Membrane (PEM)
- Alkaline (ALK) Electrolysis
- Anion Exchange Membrane (AEM)
- Solid Oxide Electrolysis Cell (SOEC)
- Other Electrolysis Technologies
By End-Use
- Mobility
- Industrial Uses
- Power Generation
- Grid Injection
- Chemical Prodution
- Other End-Uses
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets:
North America
Europe
- Germany
- Spain
- Peru
- Denmark
- France
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Indonesia
- Rest of Asia-Pacific
Latin America
- Brazil
- Namibia
- Rest of Latin America
MEA
- Egypt
- GCC
- Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Green Hydrogen Market, 2025 to 2035, with a focus on this segment of these companies' operations.
Leading companies profiled in the report
- Air Liquide
- BP Plc
- Linde Plc
- Royal Dutch Shell Plc
- Cummins Inc.
- Engie SA
- Siemens Energy AG
- Toshiba Energy Systems & Solutions Corporation
- Wind to Gas Energy Gmbh & Co. Kg
- Sinosynergy
- Adani Group
- Uniper SE
- √òrsted A/S
- Thyssenkrupp AG
- Nel ASA.
Overall world revenue for Green Hydrogen Market, 2025 to 2035 in terms of value the market will surpass US$2.17 billion in 2025, our work calculates. We predict strong revenue growth through to 2035. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Green Hydrogen Market, 2025 to 2035 report help you?
In summary, our 380-page report provides you with the following knowledge:
- Revenue forecasts to 2035 for Green Hydrogen Market, 2025 to 2035 Market, with forecasts for storage & distribution, energy source, technology, and end-use, each forecast at a global and regional level – discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2035 for five regional and xx key national markets – See forecasts for the Green Hydrogen Market, 2025 to 2035 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Peru, Denmark, Australia and New Zealand, Indonesia, Egypt, Namibia, China, India, among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Green Hydrogen Market, 2025 to 2035.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
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