Green Hydrogen Industry to reach USD 30.6 billion by 2030, Alkaline Electrolyzers segment holds 66.46% Market Share, Asia pacific led 48% share of Global Market.

Leander,Texas-Dec -01-2025
The Global Green Hydrogen market was valued at USD 1.1 billion in 2023 and is projected to reach USD 30.6 billion by 2030, growing at 61.1% CAGR from 2023 to 2030. The market is experiencing rapid growth, driven by global efforts to reduce carbon emissions and advancements in electrolysis and renewables. Government support through policies and investments is also boosting growth. Its versatility and scalability make green hydrogen a key player in the transition to sustainable energy. The market is even being propelled by its increasing use in fuel cell electric vehicles (FCEVs) and high-energy-intensive industries like steel and ammonia production, further driving demand and market expansion

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United States Funding Announcemnet:-
✅ February 2025: StormFisher Hydrogen secured a US $50 million commitment from the clean‐hydrogen investor fund Hy24 (via its Clean Hydrogen Infrastructure Fund), aimed at accelerating clean‐fuel production projects in North America.

✅ January 2025: Plug Power closed a US $1.66 billion loan guarantee from the U.S. Department of Energy (DOE), to support the construction of up to six green‐hydrogen production and liquefaction facilities across the country.

Japan Funding announcemnet:-
✅ September 2025: ENEOS launched green hydrogen production at new solar-integrated electrolysis sites in eastern Japan, supporting domestic hydrogen fuel demand for mobility and heat applications.

✅ August 2025:(JSE) received a strategic equity investment from Development Bank of Japan (DBJ), under the government‐backed "Green Investment Promotion Fund," to advance commercial‐scale liquefied hydrogen supply‐chain development (production, transport & supply).

✅ August 2025: Toyota Motor Corporation advanced renewable hydrogen ecosystem trials across pilot cities for mobility, logistics, and stationary fuel-cell applications, demonstrating scalable zero-carbon energy solutions.

✅ Recent years: Japan launched a $400 million Hydrogen Fund backed by major investors including Toyota, Sumitomo Mitsui Banking Corporation, and TotalEnergies to scale hydrogen technologies globally.

Recent Merges & acquisition

→ Thyssenkrupp Nucera acquired key technology assets from Green Hydrogen Systems (GHS), including intellectual property and a full‐size test facility (Q3 2025).

→ Charbone Hydrogen signed an Asset Purchase Agreement to acquire existing hydrogen‐production and refuelling equipment in Quebec accelerating its own green hydrogen rollout (Q3 2025).

→ Hygenco Green Energies is reportedly close to a deal where IFC, Siemens AG and Fullerton Fund Management may acquire a 49% stake, valuing a significant green‐hydrogen manufacturer illustrating growing interest from institutional investors (Q4 2025).

Market Segmentation

Segmentation by Application
→ Refining: This segment is the largest application in the green hydrogen market, with a market share of about 41.85% in 2025. Refining uses green hydrogen for hydrocracking and hydrotreating fuels, driven by its established infrastructure and high hydrogen consumption.
→ Transport: The transport segment holds around 44.39% market share in 2025, led by fuel-cell vehicles in heavy transport, buses, shipping, and aviation. It is driven by regulations, subsidies, and infrastructure investments supporting hydrogen mobility.
→ Industrial and Other Applications: Various industrial sectors such as chemicals, steelmaking, and power generation are significant users of green hydrogen, with a combined share smaller than refining and transport but rapidly growing.
→ Residential and Commercial: This segment includes heating and power solutions for homes and commercial buildings, with a relatively smaller but emerging share as technologies advance.

Segmentation by Technology
→ Alkaline Electrolyzers: This technology accounts for the largest share at around 66.46% in 2025 due to cost-effectiveness, maturity, long operational life, and suitability for large-scale production.
→ PEM (Proton Exchange Membrane) Electrolyzers: A smaller but growing segment preferred for flexibility and responsiveness, often used in smaller or decentralized applications.
→ Solid Oxide Electrolyzer Cells (SOEC): An emerging segment focused on high efficiency but still in developmental stages.

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Regional insights:-

➠ Asia‐Pacific: 48% share - Asia‐Pacific is currently the largest regional market for green hydrogen, helped by large-scale renewable energy deployment, growing industrial demand, and strong investment in electrolyzer manufacturing and hydrogen infrastructure. Countries like China, India, South Korea, Japan and Australia are scaling capacity rapidly, spurred by decarbonization targets and favorable cost conditions.

➠ Europe: 29% share - Europe remains a major region, with aggressive climate and decarbonization policies, heavy industrial demand (steel, chemicals, refining), and strong public funding for hydrogen infrastructure and "green molecule" adoption. The push under European Union frameworks and national hydrogen strategies help sustain this share.

➠ North America: 30% share - North America (mainly U.S. and Canada) holds a substantial portion of the global green hydrogen market, driven by growing investment in clean energy, renewable power capacity, and demand from industrial users, transport, and energy storage. Federal incentives (especially in the U.S.) and rising interest in decarbonization support growth.

Key Players

Siemens Energy AG, Toshiba Energy Systems & Solutions Corporation, Linde AG, Air Liquide, Nel ASA, Cummins Inc., Air Products Inc, H&R GROUP, Nation Synergy Hydrogen, and Hamburg.

→ Linde has announced and is building large‐scale PEM electrolyzer facilities (e.g. a 5 MW PEM electrolyzer in California, plus previously a 24‐megawatt PEM electrolyzer at its Leuna site in Germany).

→ Air Liquide is another industrial‐gas leader with decades of hydrogen experience. Several reports list it among the key vendors profiled in green hydrogen market studies.Air Liquide is investing heavily in large‐scale electrolyzer platforms and hydrogen hubs.

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Market Drivers:-
→ Strong global commitment to reducing carbon emissions is fueling government support and investments in renewable energy and green hydrogen production infrastructure.

→ Increasing policy mandates and corporate sustainability commitments, including net-zero emission targets, encourage expanded use of green hydrogen.

→ Technological advancements and decreasing costs in electrolyzer technology and renewable energy generation enhance production feasibility.

→ Growing demand from hard-to-abate sectors such as transportation (fuel cell electric vehicles), steel manufacturing, refining, and ammonia production drives adoption.

→ The versatility of green hydrogen as a clean energy carrier, fuel, and industrial feedstock expands its applications, further stimulating market growth.

→ Significant government incentives, funding, and investment initiatives especially in regions like North America, Europe, and Asia (notably India) amplify market expansion.

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About DataM Intelligence
DataM Intelligence is a renowned provider of market research, delivering deep insightsthrough pricing analysis, market share breakdowns, and competitive intelligence. Thecompany specializes in strategic reports that guide businesses in high-growth sectors suchas nutraceuticals and AI-driven health innovations.
To find out more, visit https://www.datamintelligence.com/ or follow us on Twitter,LinkedIn and Facebook.

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