Hydrogen Market worth $410.6 billion by 2030 - Exclusive Report by Marketsand... - 0 views
-
Almira Coyne on 27 Jul 23Hydrogen Market is projected to reach USD 410.6 billion in 2030 from USD 242.7 billion in 2023 at a CAGR of 7.8% according to a new report by MarketsandMarkets™. Hydrogen is the lightest and most abundant element in the universe. Hydrogen gas has an excellent energy carrying capacity. It can be produced in large quantities and supplied to large-scale industries for various operations. It can be produced as a principal and by-product from various primary energy sources (such as wind, solar, coal, natural gas, and nuclear). Currently, hydrogen is produced in bulk for many value-added uses and chemical substances. It delivers power for various applications, including fuel cells and combined heat and power technologies. global push to reduce carbon emissions and combat climate change has led to an increased focus on clean and sustainable energy sources and drive the demand for Hydrogen Market.