The global Blue Hydrogen Market is experiencing rapid growth, set to reach US$ 212.39 billion by 2050 with a CAGR of 19.50%. This expansion is primarily fueled by the increasing adoption of hydrogen as a cleaner alternative in industrial and energy sectors. Major growth drivers include government policies promoting hydrogen adoption, industrial sectors embracing blue hydrogen for emission reduction, advancements in carbon capture technologies, and hydrogen's role as an energy storage solution complementing renewable sources. Regions like North America, Europe, Asia-Pacific, Middle East & Africa, and South America are witnessing notable growth due to factors like government incentives, sustainability initiatives, and industrialization. Market segmentation includes technologies like Steam Methane Reforming and applications in chemicals, refineries, power generation, and more. The industry outlook predicts lower production costs, enhanced hydrogen infrastructure, and collaboration between public and private sectors driving future growth. With a projected market valuation of US$ 212.39 billion by 2050, the industry is set to revolutionize the global energy landscape.