Chemical - Blue Hydrogen Market Statistics
The global chemical blue hydrogen market size was valued at US$ 133.8 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 15% from 2023 to 2030.
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Chemical - Blue hydrogen market highlights
- The global chemical segment generated a revenue of USD 133.8 million in 2023 and is expected to reach USD 356.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.7% by 2030.
- In terms of region, MEA was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 133.8 million |
| Market revenue in 2030 | USD 356.8 million |
| Growth rate | 11.7% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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Blue Hydrogen Market Scope
Blue hydrogen market segmentation & scope
Ammonia Production
Others
Methanol Production
Petroleum Refinery
Transportation
Coal Gasification
SOEC Electrolyzer
Methane Pyrolysis
Alkaline Electrolyzer
PEM Electrolyzer

Blue Hydrogen Market Outlook
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