Water Electrolysis Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027

The global water electrolysis market size was USD 400.2 Million in 2021 and is expected to register a revenue CAGR of 35.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for hydrogen fuel cells and increasing popularity of green fertilizers due to surge in demand for sustainable farming practices are major factors driving market revenue growth. In addition, increase in greenhouse emissions has led to rise in global warming, which is further expected to drive revenue growth of the market.

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Water Electrolysis Market Size, Share, Trend | Industry Forecast by 2030
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Water Electrolysis Market Size, Share, Trend | Industry Forecast by 2030

The global Water Electrolysis market size reached USD 400.2 Million in 2021 and is expected to reach USD 6,051.4 Million in 2030 registering a CAGR of 35.3%. Water Electrolysis market growth is primarily driven owing to increase in greenhouse emissio