The green hydrogen market is experiencing rapid growth, fueled by demand from challenging heavy industries seeking to decarbonize. This clean form of hydrogen production, generated by renewable energy with zero CO2 emissions, is set to account for 27% of total hydrogen production by 2030 and an impressive 55% by 2035. ABI Research predicts that this significant expansion will drive the market value from the current $10 billion to a substantial $180 billion by 2035, displacing grey hydrogen as the primary market force. The momentum towards green hydrogen is further accelerated by net-zero regulations. Europe's upcoming RED II rules mandate a substantial percentage of low-emission hydrogen by 2030, with China and India also ramping up production to cut costs and achieve decarbonization targets. China, a key player in global hydrogen production, is expected to maintain its lead with a projected 38% annual growth rate for green hydrogen output through 2035. The industry's commitment to clean hydrogen has dispelled uncertainties regarding its viability for heavy industry decarbonization, with major regions already embracing it as the future fuel source of choice. Key players in industries such as petrochemical, chemical, steel, shipping, and aviation are advised to closely monitor the market to capitalize on the shifting dynamics between green and grey hydrogen. The market report highlights prominent green hydrogen and electrolyser producers to watch, including Adani Energy, Linde, ITM Power, Sinopec, and Plug Power. These companies are positioned to lead the charge in the evolving hydrogen market landscape. ABI Research serves as a critical source of technology intelligence, connecting technology solution providers and end-market companies to drive successful technology implementations and strategies geared towards fostering customer retention and attraction.