Global industrial hydrogen market size 2022-2032

Published by Statista Research Department, Oct 28, 2024

The global hydrogen industry, with a market size of 92 million metric tons in 2022, is projected to grow to 130 million metric tons by 2032. This rapid expansion is driven by hydrogen’s versatile applications across various sectors, including energy, transportation, and manufacturing.

Market size of the hydrogen industry worldwide in 2022, with a forecast for 2032 (in million metric tons)

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Release date

January 2024

Region

Worldwide

Survey time period

2022

Supplementary notes

*Forecast based on a CAGR of 3.58 percent between 2023 to 2032.

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Statistics on " Hydrogen industry worldwide "

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Other statistics that may interest you Hydrogen industry worldwide

Overview

7

Production

7

Trade

4

Consumption

6

Clean hydrogen

7

Storage

4

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Topics

Green hydrogenGlobal solar photovoltaicsEnergy industry worldwideGlobal wind energyGlobal energy prices
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