AstuteAnalytica reports on the significant growth and potential of the blue hydrogen market, highlighting its role in industrial transformations and global efforts to reduce carbon footprints. The market valuation is projected to surge from US$ 25.78 billion in 2024 to US$ 212.39 billion by 2050, driven by a substantial CAGR of 19.50%. Major countries like the UK and the US are actively investing in blue hydrogen projects, supported by government subsidies and tax credits. Private companies, including Air Products, are making multimillion-dollar investments in blue hydrogen infrastructure, emphasizing the technology's importance in energy transition. Blue hydrogen is being increasingly adopted in energy-intensive industries to decarbonize operations and meet sustainability goals. Despite challenges like limited carbon capture networks and high capital costs, efforts are underway to overcome these obstacles and promote the broader use of blue hydrogen in various sectors.