The Coal Gasification Liquid Hydrogen Market is experiencing significant growth, valued at USD 2.39 billion in 2023 and expected to grow at a CAGR of 4.3% from 2024 to 2032. The process involves converting coal into syngas, which is then processed to extract hydrogen for liquefaction. Liquid hydrogen is considered a key fuel for the transition to a low-carbon economy due to its high energy density and clean-burning properties. Countries with abundant coal reserves are increasingly turning to coal gasification to enhance energy security and reduce greenhouse gas emissions by utilizing lower-grade coal efficiently. The market is influenced by the transition to low carbon energy and the need for resource utilization. Technological advancements are making the process more efficient and cost-effective, driving adoption. Government policies and investments are further augmenting the business landscape, with a particular focus on subsidies and funding for clean energy technologies. The transportation sector is a key area for growth, driven by the global push for decarbonization and the development of hydrogen refueling infrastructure. The Asia Pacific market, led by countries like China and India with abundant coal reserves, is predicted to reach USD 1.21 billion by 2032. In the U.S., the abundance of coal resources is boosting coal gasification for hydrogen production, supporting energy security and infrastructure expansion. Eminent players in the market are focusing on improving gasification technology and forming strategic partnerships to expand their capabilities.