Hydrogen Market Databook 2025: Asia
China and India are leading the region in terms of electrolyser development, while Australia accounts for nearly half of Asia’s active hydrogen projects
Much like the rest of the world, many Asian countries are pursuing net-zero goals to decarbonise their economies. Asia has traditionally relied on coal and natural gas for power generation; however, capital-intensive investments are being made to boost the use of green hydrogen/ammonia in numerous countries’ energy mixes. Most of these initiatives include heavy investments in hydrogen production, infrastructure, power and fuelling. The region could also be a hotbed for electrolyser development. According to a report by the High-Level Policy Commission on Getting Asia to Net-Zero, Asia’s electrolyser market could reach a market value of $180b by 2050. This market push is being led by China an
Also in this section
20 January 2025
China and India are leading the region in terms of electrolyser development, while Australia accounts for nearly half of Asia’s active hydrogen projects
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
