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Hydrogen Generation Market Forecasts

Hydrogen generation has been embraced recently as an affordable and clean solution for decarbonizing transportation, and the overall hydrogen generation market has been projected to grow at a CAGR of 10.41% during the forecast periofd.   Market growth shifts from 5.1% in 2021 to 14.5% in 2028 as more hydrogen is used for renewable energy generation.  In 2021, hydrogen is used mostly in fertilizer as a way to make ammonia, which continues to be significant, but the market grows as energy generation shifts away from pollution from burning to more manageable nonpolluting energy generation.  

Hydrogen Generation Market Forecasts

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