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The International Energy Agency (IEA) anticipates that global low emissions hydrogen production will reach 37 million tonnes annually by 2030, a decrease from previous projections due to project delays. Despite challenges such as high costs and regulatory uncertainty, demand for hydrogen rose to nearly 100 million tonnes in 2024.

China leads in electrolyser capacity, while Southeast Asia is emerging as a potential growth area. The IEA emphasizes the need for supportive policies to foster demand and overcome infrastructure barriers for industry-wide adoption.