The International Energy Agency's Global Hydrogen Review 2024 report provides insights into the sector's growth and future prospects. While global demand for hydrogen has been steadily increasing, primarily driven by the chemical and refining sectors, there is a shift towards green hydrogen production. Despite green hydrogen's current marginal role, the report anticipates a significant increase in production to 49 million tonnes per year by 2030, mainly from electrolysis-based projects. China remains a dominant player in the market, with substantial investments in electrolyser capacity and manufacturing. However, challenges like regulatory uncertainties and the need for policy support to enhance demand remain. The report also highlights the gap between production and demand targets, emphasizing the necessity for policies to stimulate the uptake of green hydrogen and hydrogen-based fuels. The future of the hydrogen sector looks promising, with an optimistic outlook for growth and emissions reduction in key industries.