Through the use of hydrogen, worldwide green steel production capacity is forecast to reach 40 million metric tons in 2030. This would translate into a hydrogen demand of four million metric tons. By comparison, as of 2023, there were 63 e-methanol (renewable methanol from hydrogen) projects in the pipeline, with an expected production volume of 6.2 million metric tons by 2027.
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World Bank. (February 19, 2024). Outlook for renewable methanol, steel, and ammonia production via hydrogen worldwide in 2027 and 2030 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 23, 2026, from /statistics/1478973/green-hydrogen-derivatives-projects-and-production/
World Bank. "Outlook for renewable methanol, steel, and ammonia production via hydrogen worldwide in 2027 and 2030." Chart. February 19, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 23, 2026. /statistics/1478973/green-hydrogen-derivatives-projects-and-production/
World Bank. (2024). Outlook for renewable methanol, steel, and ammonia production via hydrogen worldwide in 2027 and 2030. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 23, 2026. /statistics/1478973/green-hydrogen-derivatives-projects-and-production/
World Bank. "Outlook for Renewable Methanol, Steel, and Ammonia Production via Hydrogen Worldwide in 2027 and 2030." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 19 Feb 2024, /statistics/1478973/green-hydrogen-derivatives-projects-and-production/
World Bank, Outlook for renewable methanol, steel, and ammonia production via hydrogen worldwide in 2027 and 2030 ÌÇÐÄÆÆ½â°æ, /statistics/1478973/green-hydrogen-derivatives-projects-and-production/ (last visited July 23, 2026)
Outlook for renewable methanol, steel, and ammonia production via hydrogen worldwide in 2027 and 2030 [Graph], World Bank, February 19, 2024. [Online]. Available: /statistics/1478973/green-hydrogen-derivatives-projects-and-production/