The global clean hydrogen market is on the rise, valued at US$ 3.81 Billion in 2022 with a projected compound annual growth rate of 14.1%. Clean hydrogen is positioned as a versatile fuel for various sectors like transportation, heating, power generation, and industrial processes. The market growth is primarily driven by supportive government policies promoting clean technologies globally. Technology advancements in electrolyzers are gradually reducing production costs, making clean hydrogen more cost-competitive compared to 'grey' hydrogen from natural gas. Despite the optimistic outlook, high initial capital costs remain a significant barrier to widespread adoption. The industrial sector, including steel manufacturing and chemicals, presents a major market opportunity for clean hydrogen utilization. The transition to green hydrogen in industries can significantly reduce carbon emissions and align with decarbonization goals. Partnerships between renewable hydrogen producers and industrial offtakers are crucial to unlock future growth potential. Companies like Linde Plc, Air Liquide, and Engie are at the forefront of this market, driving innovation and expansion. Overall, while challenges exist, the clean hydrogen market shows promising growth prospects with increasing global focus on sustainability and decarbonization efforts.