EAC’s Insight on the Global Hydrogen Market The global hydrogen market is undergoing a significant transformation, driven by an exponential increase in demand for green hydrogen. At the heart of this shift is the growing influence of Chinese electrolyzer manufacturers. Once primarily serving traditional domestic industries, these companies have now become a major force in the global market, with their shipment volume experiencing a staggering 91% compound annual growth rate (CAGR) from 2019 to 2023.This rapid expansion is fueled by their strategic shift to addressing the demand from international green hydrogen projects. This has created an increasingly fierce competitive landscape. …