The 'Global Hydrogen Market (by Production Process, Application & Region): Insights & Forecast (2024-2028)' report highlights the expected growth of the global hydrogen market to reach $219.23 billion by 2028, with a CAGR of 6.09% during 2024-2028. The market's growth drivers include factors like increasing consumption of agricultural fertilizers, demand from metallurgical industries, concerns about carbon emissions, and rising electricity generation needs. Notable trends in the market involve oil refineries' demand, aerospace industry expansion, production of hydrogen fuel cell electric vehicles, and growth in the pharmaceutical industry. Asia Pacific is the fastest-growing regional market due to factors such as agricultural fertilizer consumption, petrochemical complexes' growth, and investments in hydrogen plant development. However, challenges such as high production costs, transportation issues, storage challenges, and health concerns related to hydrogen pose obstacles to market growth.