United States Clean Hydrogen Market to Reach $16.52B by 2032, Growing at 14.87% CAGR | World Future Energy 2025 | Linde plc, Air Products & Chemicals, Inc., Air Liquide

DataM Intelligence has published a new research report on "Clean Hydrogen Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Global Clean Hydrogen Market reached US$ 5.45 billion in 2024 and is expected to reach US$ 16.52 billion by 2032, growing with a CAGR of 14.87% during the forecast period 2025-2032.

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The clean hydrogen market encompasses the production, distribution, and utilization of hydrogen fuel produced with minimal carbon emissions. This hydrogen, primarily generated through water electrolysis powered by renewable energy sources, is considered "green" or "low-emission." It serves as a sustainable alternative to fossil fuels in various sectors, including transportation, industry, and power generation. The market is driven by global decarbonization goals and advancements in hydrogen technologies.

Key Players:

Linde plc, Air Products & Chemicals, Inc., Air Liquide, BP p.l.c., Aramco, Engie, Siemens Energy AG, Equinor, ACWA Power, Plug Power.

Key Development:

United States: Recent Industry Developments

✅ In August 2025, New York Governor Kathy Hochul announced over $11 million in funding for five clean hydrogen R&D projects, focusing on storage, distribution, and zero-emission transport solutions.

✅ In July 2025, the U.S. Department of Energy awarded $50 million to 29 projects advancing hydrogen storage and fueling technologies for trucks and off-road vehicles.

✅ In March 2025, the U.S. Department of Energy considered reducing or eliminating funding for four of the seven hydrogen hubs selected under a $7 billion federal program aimed at jumpstarting clean hydrogen production and infrastructure for industrial use.

Japan: Recent Industry Developments

✅ In June 2025, the Tokyo Metropolitan Government announced the results of its FY2025 green hydrogen bidding trial, aiming to expand the use of green hydrogen derived from renewable energy and support the city's clean energy goals.

✅ In February 2025, Japan's Prime Minister Shigeru Ishiba embarked on his first official overseas visit after taking office, choosing Malaysia and Indonesia-two key ASEAN member countries for his trip.

✅ In December 2024, Japan set to enter year of decisions over hydrogen, with the application process to select low-carbon hydrogen and derivatives supply projects starting Nov. 22 and running until March 31, 2025.

Growth Forecast Projected:

The Global Clean Hydrogen Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Clean Hydrogen Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Technology (Alkaline Electrolyzer, PEM Electrolyzer, SOE Electrolyzer, Photoelectrochemical, Thermochemical, Others)

By Distribution (Pipeline, High-Pressure Cylinders, Cryogenic Tanks, Others)

By End-user (Transport, Industrial, Power Generation, Others)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Clean Hydrogen producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Clean Hydrogen revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the Clean Hydrogen Market?

A: Global Clean Hydrogen Market reached US$ 5.45 billion in 2024 and is expected to reach US$ 16.52 billion by 2032.

Q2: How fast is the Clean Hydrogen Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 14.87% from 2025 to 2032

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