The global blue hydrogen market is witnessing significant growth, with a projected value of USD 85.56 billion by 2034, showing a compound annual growth rate of 14.3%. Blue hydrogen, produced through steam methane reforming that captures and stores carbon dioxide underground, is emerging as a cleaner alternative to traditional hydrogen production methods. The rising need for clean energy solutions, particularly in fuel cell electric vehicles (FCEVs), is fueling the market's growth. Governments globally are incentivizing the adoption of low-carbon technologies to reduce carbon emissions and diminish reliance on fossil fuels. Blue hydrogen is expected to play a crucial role in the transition to a net-zero emissions scenario by mid-century. The competitive landscape of the blue hydrogen market is evolving rapidly, with energy infrastructure companies and technology developers forming strategic alliances to promote the deployment of blue hydrogen projects. Major market participants include Air Liquide, Linde Plc, Shell Group of Companies, and others. The market is segmented by technology outlook, application outlook, and transportation mode outlook, covering various sectors such as chemicals, refinery, power generation, and transportation modes like pipelines and cryogenic liquid tankers. North America dominated the market in 2024 due to abundant natural gas resources and a growing emphasis on low-carbon energy solutions. Europe is projected to exhibit the fastest CAGR, driven by ambitious climate targets and efforts to reduce carbon emissions. The report provides insights into market trends across regions like North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The comprehensive coverage of the blue hydrogen market indicates a positive trajectory towards cleaner energy solutions and the decarbonization of the global energy landscape.