Report Studies
• The Global "Gray Hydrogen Market" was valued at US$ 16.09 billion in 2023 and is projected to reach US$ 26.75 billion by 2030, at a CAGR of 7.3% during the forecast period.
• The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Gray hydrogen is hydrogen produced from natural gas through a process called steam methane reforming (SMR).
• This method generates significant carbon dioxide emissions, contributing to environmental pollution. Gray hydrogen is the most common type of hydrogen produced today.
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