The global blue hydrogen market is set to see substantial growth, with a projected increase from USD 4.64 billion in 2024 to around USD 22.27 billion by 2033, driven by factors such as the increasing demand for electricity, the shift towards sustainable energy sources, and advancements in technology. Blue hydrogen, produced from natural gas with carbon capture technology, is positioned as a more environmentally friendly option compared to green hydrogen. This method utilizes carbon capture to reduce its carbon footprint, making it both cost-effective and eco-friendly. The market is segmented by regions, with the Middle East & Africa leading in 2023 and Europe anticipated to exhibit the fastest growth. The Middle East is focusing on large-scale low-carbon projects, while African countries are utilizing renewable resources for green hydrogen production. Europe has a significant number of hydrogen production facilities, with a strong emphasis on blue and green hydrogen technologies to secure its position in the global market. The report also delves into various market insights, including the dominance of steam methane reforming in blue hydrogen production, the growth of auto thermal reforming, different transportation modes, application areas like power generation and refineries, and regional market forecasts. It highlights the economic impact and potential of blue hydrogen in shaping a sustainable energy future, emphasizing the importance of understanding the distinctions between blue and green hydrogen generation methods to make informed decisions in the evolving energy landscape.