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Lee Nichols
20 January 2025
Follow @PetroleumEcon
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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

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