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Malaysia Green Hydrogen Market to Reach USD 664.79 Million by 2033 | 39.43% CAGR | Get Free Sample

12-18-2025 12:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Malaysia Green Hydrogen Market to Reach USD 664.79 Million

According to IMARC Group's report titled "Malaysia Green Hydrogen Market Size, Share, Trends and Forecast by Technology, Application, Distribution Channel, and Region, 2025-2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
Note : We are in the process of updating our reports to cover the 2026-2034 forecast period. For the most recent data, insights, and industry updates, please click on "Request Free Sample Report".

Request Free Sample Report: https://www.imarcgroup.com/malaysia-green-hydrogen-market/requestsample

Malaysia Green Hydrogen Market Overview

The Malaysia green hydrogen market size reached USD 23.94 Million in 2024. The market is projected to grow to USD 664.79 Million by 2033, exhibiting a robust compound annual growth rate (CAGR) of 39.43% during the forecast period 2025-2033. The country's abundant renewable energy sources like solar, hydropower, and bioenergy are key enablers driving this market. Strategic government roadmaps and growing public-private collaborations pave the way for a promising green hydrogen economy.

Malaysia Green Hydrogen Market Key Takeaways

• Current Market Size: USD 23.94 Million (2024)
• CAGR: 39.43%
• Forecast Period: 2025-2033

• Malaysia utilizes its vast renewable resources including solar, hydropower, and bioenergy to propel its green hydrogen market.
• The National Hydrogen Economy and Technology Roadmap (HETR) alongside the National Energy Transition Roadmap (NETR) are significant policy frameworks driving domestic adoption and export ambitions.
• Large-scale projects and public-private partnerships underline the strategic shift towards cleaner energy.
• Recent regional cooperation initiatives aim to integrate Malaysia's hydrogen economy with the broader ASEAN energy market.

Malaysia Green Hydrogen Market Growth Factors

The potential in revenue and market growth capacity of the Malaysia green hydrogen market is supported by the availability of renewable resources, a planned location, and support from the government. The growth of the green hydrogen market in Malaysia is likely to be determined by the demand for carbon emission reduction, and energy security in fossil fuel-based sectors. In addition, the rapidly growing deployment of renewables has been identified as offering important opportunities for the production of green hydrogen, that is the supply of solar or wind energy as an input to an electrolysis project. Encouraging policies for clean energy and hydrogen technologies represent a strong trend. In terms of applications, the drive towards the adoption of green hydrogen is mainly due to the fact that it is zero-emissions and can be used across multiple sectors.

In addition, the potential in export markets is also substantial, largely thanks to Malaysia's proximity to other major Asian countries. Malaysia's domestic and international partnerships forming contribute to green hydrogen application growth. These factors let the Malaysia green hydrogen market achieve important growth, offering opportunities for stakeholders to transform the energy landscape and contribute toward the transition to a sustainable future.

Buy the Latest 2026 Edition: https://www.imarcgroup.com/checkout?id=42315&method=1942

Malaysia Green Hydrogen Market Trends

The Malaysia green hydrogen market is witnessing various trends, including the development of green hydrogen production initiatives in line with global decarbonization goals, the advancement of efficient technology and energy policies, and the use of renewables such as solar and wind to power the electrolysis process for hydrogen production. There is also a growing trend in using green hydrogen in industrial processes, such as oil refining, petrochemicals, and ammonia, to decarbonize existing processes and increase sustainability. Another trend is the increasing use of hydrogen fuel cells directly in vehicles in a variety of transport applications, from heavy-duty vehicles to public transport. Hydrogen hubs and export-oriented projects will establish Malaysia as a potential regional leader within the green hydrogen production, exports and hydrogen value chain.

Electrolyzer technology advances create efficiency gains. This technology also reduces costs for producing green hydrogen. This, together with government agencies, private companies, and research institutions collaborating more, makes green hydrogen a more competitive option among customary fuels. The same has been seen with public-private partnerships with larger and pilot projects, with joint ventures and investments being made to develop the market toward Malaysia's energy transition goals while also supporting the global decarbonisation efforts.

Malaysia Green Hydrogen Market Segmentation

Technology Insights:

• Proton Exchange Membrane Electrolyzer: Analysis and detailed breakup provided.
• Alkaline Electrolyzer: Included with a comprehensive market analysis.
• Others: Covers alternative technologies within the market.

Application Insights:

• Power Generation: Key driver segment reflecting hydrogen's role in energy supply.
• Transport: Growing adoption of hydrogen for mobility applications.
• Others: Encompasses other industrial and commercial uses.

Distribution Channel Insights:

• Pipeline: Infrastructure-based hydrogen delivery analysis.
• Cargo: Covers transport of hydrogen via methods like shipping and logistics.

Malaysia Green Hydrogen Market Regional Insights

• Selangor
• W.P. Kuala Lumpur
• Johor
• Sarawak
• Others

The Selangor region dominates the Malaysia green hydrogen market with significant market share, supported by extensive infrastructure and renewable energy capacity. Across regions, the market is projected to achieve a CAGR of 39.43% during the forecast period, driven by strong regional initiatives and government policy support.

Malaysia Green Hydrogen Market Key Players

The report offers an in-depth examination of the competitive landscape, including market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Malaysia Green Hydrogen Market Recent Developments & News

• July 2025: Establishment of Hybrid Hydro Floating Solar (HHFS) and Green Hydrogen Hub in Terengganu by Tenaga Nasional Berhad (TNB), Petroliam Nasional Berhad (PETRONAS), and Terengganu Inc., supporting Malaysia's energy transition and sustainable development.

• July 2025: FlexiH and ABA Gas partnership to produce clean hydrogen by converting biomethane from Palm Oil Mill Effluent (POME) nationwide, aiming to reduce carbon emissions and enable carbon-neutral transport.

Malaysia Green Hydrogen Market Key Highlights of the Report

• Comprehensive quantitative analysis of market segments and historic trends from 2019-2024.
• Forecast from 2025-2033 with detailed market dynamics and drivers.
• In-depth analysis of technology, application, distribution channels, and regional markets.
• Porter's five forces analysis elucidating competitive forces.
• Detailed competitive landscape with company profiles and key strategies.
• Extensive coverage of policy frameworks and market growth factors.

Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=42315&flag=E

Customization Note: If you require any specific information not covered within this report's scope, we will provide it as part of the customization.

Explore More Research Reports & Get Your Free Sample Now:

Indonesia Solar Energy Market: https://www.imarcgroup.com/indonesia-solar-energy-market/requestsample

Indonesia Power Generation EPC Market: https://www.imarcgroup.com/indonesia-power-generation-epc-market/requestsample

Indonesia Renewable Energy Market: https://www.imarcgroup.com/indonesia-renewable-energy-market/requestsample

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel: (D) +91 120 433 0800
United States: +1-201971-6302

IMARC Group is a global management consulting firm that helps ambitious changemakers create a lasting impact. The company offers comprehensive market assessment, feasibility studies, incorporation support, regulatory assistance, branding and strategy services, and procurement research.

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