According to the Hydrogen Pathway Explorer (HyPE) model, the market size of clean hydrogen is forecast to grow across all world regions from 2030 to 2050. Estimated to be the world's largest importer of clean hydrogen, China's market size is expected to increase from 255 billion U.S. dollars in 2030 to 265 billion U.S. dollars in 2050. Taking that into account, Asia is forecast to harness almost 55 percent of the market value in 2030. This is unsurprising due to the extremely high demand for clean hydrogen in China, as well as India, Indonesia, Japan, and Korea. However, Asia's market size share is set to decrease to 46 percent by 2050 as demand increases in other regions such as North America, Europe, and the Middle East.
Forecast market size of clean hydrogen worldwide from 2030 to 2050, by region
(in billion U.S. dollars per year)
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Deloitte. (June 16, 2023). Forecast market size of clean hydrogen worldwide from 2030 to 2050, by region (in billion U.S. dollars per year) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1402064/global-market-size-of-clean-hydrogen-forecast-by-region/
Deloitte. "Forecast market size of clean hydrogen worldwide from 2030 to 2050, by region (in billion U.S. dollars per year)." Chart. June 16, 2023. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1402064/global-market-size-of-clean-hydrogen-forecast-by-region/
Deloitte. (2023). Forecast market size of clean hydrogen worldwide from 2030 to 2050, by region (in billion U.S. dollars per year). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1402064/global-market-size-of-clean-hydrogen-forecast-by-region/
Deloitte. "Forecast Market Size of Clean Hydrogen Worldwide from 2030 to 2050, by Region (in Billion U.S. Dollars per Year)." Statista, Statista Inc., 16 Jun 2023, https://www.statista.com/statistics/1402064/global-market-size-of-clean-hydrogen-forecast-by-region/
Deloitte, Forecast market size of clean hydrogen worldwide from 2030 to 2050, by region (in billion U.S. dollars per year) Statista, https://www.statista.com/statistics/1402064/global-market-size-of-clean-hydrogen-forecast-by-region/ (last visited December 18, 2024)
Forecast market size of clean hydrogen worldwide from 2030 to 2050, by region (in billion U.S. dollars per year) [Graph], Deloitte, June 16, 2023. [Online]. Available: https://www.statista.com/statistics/1402064/global-market-size-of-clean-hydrogen-forecast-by-region/
