In 2021, the global market value for green hydrogen stood at around 2.14 billion U.S. dollars. By 2031, this figure is forecast to increase to over 135 billion U.S. dollars, based on a CAGR of 51.6 percent between both years. This would represent a growth of more than 6,000 percent.
Market value of green hydrogen worldwide in 2021 and 2031
(in billion U.S. dollars)
Characteristic
Market value in billion U.S. dollars
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Recharge. (August 3, 2022). Market value of green hydrogen worldwide in 2021 and 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/933570/global-market-value-hydrogen/
Recharge. "Market value of green hydrogen worldwide in 2021 and 2031 (in billion U.S. dollars)." Chart. August 3, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/933570/global-market-value-hydrogen/
Recharge. (2022). Market value of green hydrogen worldwide in 2021 and 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/933570/global-market-value-hydrogen/
Recharge. "Market Value of Green Hydrogen Worldwide in 2021 and 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Aug 2022, https://www.statista.com/statistics/933570/global-market-value-hydrogen/
Recharge, Market value of green hydrogen worldwide in 2021 and 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/933570/global-market-value-hydrogen/ (last visited August 24, 2024)
Market value of green hydrogen worldwide in 2021 and 2031 (in billion U.S. dollars) [Graph], Recharge, August 3, 2022. [Online]. Available: https://www.statista.com/statistics/933570/global-market-value-hydrogen/