Water Electrolysis Market Size Analysis, Industry Outlook, & Region Forecast till 2027
The global water electrolysis market size was USD 400.2 Million in 2021 and is expected to register a revenue CAGR of 35.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for hydrogen fuel cells and increasing popularity of green fertilizers due to surge in demand for sustainable farming practices are major factors driving market revenue growth. In addition, increase in greenhouse emissions has led to rise in global warming, which is further expected to drive revenue growth of the market.
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