Blue Hydrogen Market Size and trends
The global blue hydrogen market is estimated to be valued at USD 23.17 Bn in 2025 and is expected to reach USD 51.90 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 12% from 2025 to 2032.
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Blue hydrogen is produced from natural gas through steam methane reforming coupled with carbon capture and storage. It can be a bridging technology for the development of a hydrogen economy. Stringent emission norms and rising demand for cleaner fuels are driving the adoption of carbon capture technologies. Many governments such as the Biden-Harris Administration are supporting projects to reduce the overall carbon footprint of hydrogen production from natural gas. Major industrial and energy companies such as Inpex are also investing in pilot projects to produce blue hydrogen at scale.
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