United States Green Hydrogen Market to Grow with a CAGR of 24.91% through 2030
Rising demand from sustainable fuels drive United States Green Hydrogen Market in the forecast period 2026-2030F
According to
TechSci Research report, “United
States Green Hydrogen Market - By Region, Competition, Forecast &
Opportunities, 2030F”, the United States Green Hydrogen Market was valued
at USD 1.54 Billion in 2024 and is expected to reach USD 8.79 Billion by 2030
with a CAGR of 24.91%.
Technological
advancements in the United States Green Hydrogen Market are pivotal, focusing
on efficiency, scalability, and integration with renewables. Electrolyzer
innovations, such as PEM systems, have improved with higher current densities,
reducing energy consumption by up to 20%, as per DOE research. Alkaline
electrolyzers benefit from modular designs for rapid deployment in hubs. Solid
oxide electrolyzers, operating at high temperatures, enhance efficiency when
coupled with industrial heat, supported by NREL studies. Storage solutions
advance with compressed and liquid hydrogen technologies, minimizing losses
through advanced materials. Pipeline blending trials, under PHMSA oversight,
allow up to 20% hydrogen in natural gas lines, facilitating distribution.
Digital twins and AI optimize production, as seen in Plug Power's platforms for
predictive maintenance.
Carbon
management integrates with electrolysis for blue-green hybrids, but green focus
emphasizes renewables. Offshore wind-electrolyzer pairings in the Northeast
reduce transmission needs. Workforce training via DOE programs builds expertise
in these technologies. These advancements, backed by IRA funding, position the
U.S. for leadership, driving costs down and enabling widespread adoption.
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The United
States Green Hydrogen Market is segmented into type, application, end user, regional
distribution, and company
Based
on end user, the industrial segment is expected to dominate the United States
Green Hydrogen Market throughout the forecast period. This dominance is driven
by the extensive water usage across key industrial sectors such as oil &
gas, petrochemicals, power generation, and manufacturing, which require
effective water treatment solutions to maintain operational efficiency and
comply with environmental regulations. The increasing focus on sustainable
practices and wastewater recycling within these industries further boosts
demand for advanced treatment chemicals. Ongoing industrial expansion under
Saudi Vision 2030, coupled with the need for high-quality process water,
supports sustained growth in the industrial segment, solidifying its position
as the leading end user in the market.
Based on region,
the Eastern region has emerged as the fastest-growing segment in the United
States Green Hydrogen Market, driven by its status as the country’s primary hub
for oil refining, petrochemicals, and heavy industries. The presence of major
industrial cities like Dammam and Jubail leads to high water consumption and
significant wastewater generation, increasing the demand for effective water
treatment solutions. Ongoing expansions and modernization projects in the
energy and industrial sectors, coupled with stringent environmental
regulations, further fuel the need for advanced water treatment chemicals. Government
initiatives aimed at sustainable water management and pollution control in this
strategically important region support the rapid growth of the water treatment
chemicals market in the Eastern region.
Major companies
operating in the United States Green Hydrogen Market are:
- Iberdrola, S.A.
- Bloom Energy Corp.
- Plug Power Inc.
- Air Liquide
- Siemens Energy
- Air Products Inc.
- GKN Hydrogen
- Linde plc
- Cummins Inc.
- Getech Group plc
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“Driven by desalination and industrial
growth, the market sees strong demand for coagulants and corrosion inhibitors.
Municipal water treatment leads, while industrial applications are the
fastest-growing segment. Challenges include raw material volatility, with
trends toward eco-friendly chemicals and smart technologies. Saudi Arabia
dominates the MEA region. Recent advancements, like Veolia’s bio-based
coagulants, enhance sustainability”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“United States
Green Hydrogen Market, By Electrolyser Technology (PEM, and Alkaline), By
Application (Power Generation, Transportation, Industry Feedstock, and Others),
By Source (Solar, and Wind), By Region, Competition, Opportunity, and Forecast,
2020-2030F”, has evaluated the future growth potential of United
States Green Hydrogen Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in United States
Green Hydrogen Market.
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