BCC Research has released its '2024 Hydrogen and Ammonia Research Review,' focusing on the transformative potential of these commodities in the clean energy era. The review highlights the significant growth projections for the green hydrogen, hydrogen fuel cell, and hydrogen storage markets. Green hydrogen, produced using renewable energy sources, is set to revolutionize industries like transportation and steel by offering a sustainable fuel option with minimal emissions. This aligns with global efforts for decarbonization and reducing greenhouse gas emissions, ultimately supporting energy security and sustainable production practices. The transportation industry, a significant steel consumer, stands to benefit from green steel production facilitated by green hydrogen. Industries are increasingly investing in sustainable production capabilities driven by the attractiveness of green hydrogen. The future of green hydrogen is dependent on cost reductions in renewable energy sources and the installation of large electrolyzers for production. China leads in the development of electrolyzer and fuel cell technology, while other regions like the Middle East, Africa, and Latin America show potential for renewable energy generation. The research review emphasizes the importance of collaborative efforts among countries for the widespread adoption of green hydrogen. BCC Research's insights underline the crucial role of green hydrogen in achieving global sustainability goals and energy security. The report provides market professionals with quantitative data and analysis to make informed decisions in the rapidly evolving clean energy landscape. BCC Research encourages exploring their full portfolio of market research reports for a deeper understanding of each topic and remains committed to providing valuable market intelligence.