Global green hydrogen market outlook in 2027: The compound annual growth rate forecast for 2021-2027 is 11.8% – QNT Press Release

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Dublin, December 23, 2021 (Global News Service) – “Global green hydrogen market scale, technology sharing and trend analysis report (alkaline water electrolysis (AWE), proton exchange membrane (PEM), solid oxide electrolysis (SOE)), forecast by application (transportation fuel, power generation, other) During the period 2021-2027” Report has been added to ResearchAndMarkets.com supply.

It is expected that during the forecast period (2021-2027), the global green hydrogen market will grow at a considerable compound annual growth rate of 11.8%.

The growing tendency towards sustainable energy for power generation and transportation fuels is a key factor driving the growth of the global green hydrogen market. However, the high cost of its factory setup may hinder its market growth during the forecast period.

In order to promote the development of renewable energy, investment in green hydrogen projects continues to increase, which may provide potential opportunities for the growth of the global green hydrogen market.

The global green hydrogen market is segmented according to technology and application. According to technology, the market is divided into alkaline water electrolysis (AWE), proton exchange membrane (PEM) and solid oxide electrolysis (SOE). SOECs may be used in fuel production, carbon dioxide recovery, and chemical synthesis. so, …

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