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Global Green Hydrogen Production

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SOURCE RESEARCH

Hydrogen Market Data

Market Data | 4Q 2024 | MD-HMD-101

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As the Levelized Cost of Production for green hydrogen decreases, production will see signficant growth through the next decade. ABI Research forecasts worldwide green hydrogen production to grow at a Compound Annual Growth Rate (CAGR) of 55% between 2024 and 2034. This will bring the total green hydrogen production figure to 78 million tons by the end of the forecast window, up from just 1 million tons in 2024.