Blue Hydrogen Market's Strategic Footprint in Global Renewable Energy

The Global Blue Hydrogen Market was valued around US $18.7 BN in 2022 and is expected to reach US $44.9 BN by 2030 with a CAGR of 13.23% during the forecast period
Blue hydrogen, a promising player in the energy sector, is gaining traction as a clean and efficient alternative. Producers extract it from natural gas through a process known as steam methane reforming. This method utilizes high-temperature steam to break down methane, releasing hydrogen and carbon dioxide. The resulting hydrogen is labeled "blue" when carbon capture and storage (CCS) is employed to trap the emitted CO2.