Green hydrogen to capture 88.6% of low-carbon market by 2030
GlobalData forecasts electrolyser growth will reduce natural gas-based Blue Hydrogen’s share.
Green hydrogen is forecast to account for about 88.6 % of global low‑carbon hydrogen production by 2030, according to the latest Low‑Carbon Hydrogen Market Report from data and analytics firm GlobalData.
The firm’s outlook projects that overall low‑carbon hydrogen capacity, hydrogen produced with low emissions, will expand significantly this decade, with green hydrogen taking the largest share of that output.
In 2024, blue hydrogen, which is produced from natural gas with carbon capture, made up most low‑carbon production, but its share is expected to drop sharply as electrolyser‑based green hydrogen capacity grows.
GlobalData’s forecast shows green hydrogen increasing from about 14.9 % of low‑carbon hydrogen production in 2024 to 88.6 % by 2030 under current capacity trajectories.
Purple and turquoise hydrogen, which is produced using nuclear‑powered electrolysis and methane pyrolysis respectively, are expected to remain marginal contributors to the low‑carbon mix through 2030.
The projected shift reflects planned growth in renewable energy‑powered electrolysers globally and emerging policy support in key markets.
Analysts at GlobalData say the Americas, which include the United States, Canada and Mexico, are significant contributors to capacity build‑out.
