European hydrogen markets stabilise as new applications slowly emerge

Chart showing total hydrogen consumption in European hydrogen markets from 2020 to 2024, broken down by end use.

European hydrogen markets remain dominated by refining and ammonia, with only modest growth in e-fuels, methanol and emerging applications. Despite policy momentum, overall demand has been broadly stable since 2020, highlighting the slow pace of structural change in Europe’s hydrogen economy. The report provides an overview of recent trends in European hydrogen markets, showing that overall consumption remains largely flat, […]

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