Global industrial hydrogen market value 2022-2032

Published by Statista Research Department, Sep 8, 2023
The global hydrogen industry was valued at 183 billion U.S. dollars in 2022 and is projected to increase to 317 billion U.S. dollars by 2032. The hydrogen industry is rapidly expanding due to its versatile applications in various sectors, including energy, transportation, and manufacturing.

Market value of the hydrogen industry worldwide in 2022, with a forecast for 2032 (in billion U.S. dollars)

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Release date

April 2023

Region

Worldwide

Survey time period

2022

Supplementary notes

*Forecast based on a CAGR of 5.6 percent between 2023 to 2032.

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Statistics on " Hydrogen industry worldwide "

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Overview

7

Production

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Trade

4

Consumption

6

Clean hydrogen

7

Storage

4

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