Blogforpr

  Market Overview The Hydrogen Production Iridium Based Catalyst Market sits at the heart of the global energy transition, supporting the rapid scale-up of green hydrogen production. Iridium-based catalysts are widely used in proton exchange membrane (PEM) electrolyzers due to their exceptional activity, durability, and resistance to harsh electrochemical environments. As governments and industries push for decarbonization, demand for efficient hydrogen production technologies has surged, placing iridium catalysts in a strategically important position. The global Hydrogen Production Iridium Based Catalyst market size is predicted to grow from US$ 89.2 million in 2024 to US$ 126 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030. Although iridium is one of the rarest precious metals, ongoing research and optimization efforts are helping manufacturers reduce catalyst loading while maintaining performance, making these solutions increasingly viable for la...