New York , Jan. 11, 2024 (GLOBE NEWSWIRE) — The global green hydrogen market size is predicted to grow at a CAGR of over 61% from 2023 to 2035. The market is projected to garner a revenue of USD 515.66 billion by the end of 2035, up from a revenue of USD 1.7 billion in the year 2022. The major factor to dominate the market revenue is growing global warming. For instance, from 1880 to 2022, the Earth’s temperature went up by 0.14° Fahrenheit (0.08° Celsius) on average per decade, or almost 2° F overall. Hence, the green hydrogen is set to play a significant role in reducing global warming.

(GlobeNewsWire)