The hydrogen economy, although facing some challenges in meeting the anticipated demand growth, is deemed crucial for the decarbonization efforts of various industries. GlobalData's thematic report highlights that low-carbon hydrogen, particularly from green hydrogen plants, is expected to predominantly drive capacity expansion by 2030. Ravindra Puranik emphasizes the significance of hydrogen as a feedstock in oil and gas processes and its potential in transportation sectors due to its energy density properties. The oil and gas industry remains a major driver of hydrogen demand, with additional uptake expected from sectors like metallurgy and power generation. The recent surge in low-carbon hydrogen project announcements reflects industries' focus on decarbonization. Companies are increasingly investing in blue and green hydrogen production for future energy transition goals, signaling a positive sentiment towards hydrogen's role in reducing emissions. However, the article underlines the critical need for an enhanced hydrogen distribution network, including the establishment of new pipelines to support the sector's growth. Overall, the article portrays a positive outlook on the evolution of the hydrogen economy amidst its current growth challenges.