The global hydrogen market could more than double to $1.4trn per year by 2050, according to new Deloitte research.
Green hydrogen will account 85% of the market by this date, the Green Hydrogen: Energizing the path to Net Zero report forecasts, with demand for clean hydrogen in iron, steel and other industry topping 250 MtH2eq, or 42% of total demand. As climate change becomes a global imperative, clean hydrogen demand will “likely skyrocket around the world.”
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