Chicago-based clean chemistry innovator, Mattiq, has partnered with Heraeus Precious Metals to develop advanced electrocatalyst materials for sustainable hydrogen production. The focus is on engineering low-iridium catalysts to reduce reliance on this rare raw material crucial for manufacturing proton exchange membrane (PEM) water electrolyzers. This collaboration aims to address the soaring price and scarcity of iridium, a vital component in producing zero-carbon hydrogen. The global hydrogen production technologies market is expanding, driven by the demand for cleaner fuel alternatives. Mattiq, supported by the U.S. Department of Energy, aims to enhance energy conversion efficiency. The partnership with Heraeus is set to accelerate the development of high-performance, low-iridium catalysts, potentially revolutionizing electrolyzer manufacturing for decarbonizing heavy industries. The collaboration's goal is to dramatically shorten the R&D-to-commercialization timeline, leveraging combined research expertise. Jeff Erhardt, CEO of Mattiq, highlighted the importance of reducing costs for electrolyzer manufacturing to support the transition to green energy. The partnership is poised to offer innovative solutions to customers, emphasizing efficiency and sustainability. In parallel, a comprehensive market analysis on the hydrogen market in the United States provides insights into market trends, consumption, production, and trade dynamics. The report offers valuable information for stakeholders looking to diversify businesses, optimize production capacity, and expand globally. By combining analyst expertise and AI capabilities, the report equips businesses with data-driven insights to make informed decisions for growth and sustainability.