Green hydrogen market to reach $168.37 billion by 2035, research finds

September 24, 2026 |

In India, DataM Intelligence reported that the global green hydrogen market size was valued at $11.05 billion in 2025 and is projected to reach $168.37 billion by 2035.

The research firm said that the market will expand at a CAGR of 6.8% during the forecast period 2026-2035.

Europe generated an estimated 31% of global green hydrogen market revenue, supported by policy-driven decarbonization targets, electrolyzer deployment and investments in hydrogen infrastructure. Germany, Spain, the Netherlands, France and the United Kingdom represent important markets, with projects spanning industrial feedstock, transport and power applications, DataM Intelligence said.

“North America represented an estimated 21% share, with the United States and Canada contributing substantial project development. Renewable power availability, industrial hydrogen demand and investments in low-carbon hydrogen production infrastructure are supporting market expansion,” the firm added.

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Category: Hydrogen

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