India hydrogen market is projected to grow from an estimated $ 264 million in 2018 to $ 727 million by 2030, exhibiting a CAGR of around 9% during the forecast period, on account of growing demand for chemicals, expansion of refineries, and rising adoption of coal gasification and power-to-gas projects. Moreover, development of fuel cell technology for electricity production, increasing mergers & acquisitions and growing demand for hydrogen from hydro-processing industry and steel, chemical & petrochemical plants is anticipated to boost the country’s hydrogen market in the coming years. Some of the other factors that would aid market growth are government focus & growing R&D on using hydrogen as automotive fuel.

Years Considered for this Report:

Historical Years: 2012-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2030

Objective of the Study:

  • To estimate, calculate and forecast India hydrogen market size.
  • The primary objective of the study was to outline, classify and estimate India hydrogen market on the basis of technology, mode, application and regional distribution.
  • To categorize and forecast India hydrogen market by technology - Steam Methane Reforming, Membrane Cell Technology and Coal Gasification.
  • To segment and forecast India hydrogen market by mode - Captive and Merchant.
  • To categorize and forecast India hydrogen market by regions - North, East, West and South regions.
  • To categorize and forecast India hydrogen market by application - Petroleum Refinery, Fertilizer, Chemical & Petrochemical and Others.
  • To analyze the hydrogen pricing, value chain and sales & distribution channel in India.
  • To identify major drivers & challenges for India hydrogen market.
  • To identify major trends & developments in India hydrogen market.
  • To profile major companies operating in India hydrogen market.

 

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Some of the major players operating in India hydrogen market are Linde India Limited and Praxair India Private Limited, Grasim Industries Limited, Gujarat Alkalies and Chemicals Limited, INOX Air Products, Bhuruka Gases Limited, Air Liquide India, DCW Limited (DCW), TATA Chemicals Limited, GHCL Limited, Ellenbarrie Industrial Gases Limited, etc.

To analyze and forecast India hydrogen market, both top down and bottom up approaches have been used. Multiple employees from the companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in India hydrogen market was conducted, which included analysis of information such as ongoing projects, followed by the details of expected year of commissioning along with the expansion plans of various projects in the country.

Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for hydrogen in India. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects, which have commissioned were identified. Various secondary sources such as white papers and secondary literature on Petroleum Planning & Analysis Cell, Joint Plant Committee Bulletin, Directorate General of Commercial Intelligence and Statistics, All India Industrial Gases Manufacturer’s Association, Ministry of Chemicals and Fertilizers, Reserve Bank of India, Alkali Manufacturers Association of India, BP Statistics, Ministry of New and Renewable Energy, company websites and annual reports were also studied by TechSci Research.

 

Key Target Audience:

  • Hydrogen gas manufacturers, distributors/dealers, end users and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Trade Associations, organizations, forums and alliances related to hydrogen market
  • Market research and consulting firms

 

The study is essential in delivering useful information to industry stakeholders such as hydrogen manufacturers, suppliers and dealers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, India hydrogen market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

Market, by Technology:

    • Steam Methane Reforming
    • Membrane Cell Technology
    • Coal Gasification
  • Market, by Mode:
    • Captive
    • Merchant
  • Market, by Application:

o    Petroleum Refinery

o    Fertilizer

o    Chemical & Petrochemical

o    Others

  • Market, by Geography:
    • West
    • North
    • South
    • East

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of product manufacturing and ownership.

Company Profiles: Detailed analysis of major companies present in India hydrogen market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you can’t find what you are looking for, then please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Analyst View

4.    India Hydrogen Market Demand Supply Analysis

5.    India Hydrogen Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value

5.1.2.By Volume

5.2.    Market Share & Forecast

5.2.1.By Technology (Steam Methane Reforming, Membrane Cell Technology and Coal Gasification)

5.2.2.By Mode (Captive Vs. Merchant)

5.2.3.By Application (Petroleum Refinery, Fertilizer, Chemical & Petrochemical and Others)

5.2.4.By Region

5.2.5.By Company

6.    West India Hydrogen Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value

6.1.2.By Volume

6.2.    Market Share & Forecast

6.2.1.By Technology

6.2.2.By Mode

6.2.3.By Application

6.2.4.By State

7.    South India Hydrogen Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.2.    Market Share & Forecast

7.2.1.By Technology

7.2.2.By Mode

7.2.3.By Application

7.2.4.By State

8.    North India Hydrogen Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.1.2.By Volume

8.2.    Market Share & Forecast

8.2.1.By Technology

8.2.2.By Mode

8.2.3.By Application

8.2.4.By State

9.    East India Hydrogen Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.1.2.By Volume

9.2.    Market Share & Forecast

9.2.1.By Technology

9.2.2.By Mode

9.2.3.By Application

9.2.4.By State

10.India Hydrogen Market Attractiveness Index

10.1.  By Technology

10.2.  By Application

10.3.  By Region

11.Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.Market Trends & Developments

13.Value Chain Analysis

14.Sales and Distribution Channel Analysis

15.Pricing Analysis

16.Trade Dynamics

17.List of Major Customers

18.List of Major Channel Partners

19.India Economic Profile

20.Competitive Landscape

20.1.  Competitive Benchmarking

20.2.  Company Profiles

20.2.1.    Linde India Limited and Praxair India Private Limited

20.2.2.    Grasim Industries Limited

20.2.3.    Gujarat Alkalies and Chemicals Limited

20.2.4.    INOX Air Products

20.2.5.    Bhuruka Gases Limited

20.2.6.    Air Liquide India

20.2.7.    Air Water (Ellenbarrie Industrial Gases Limited)

20.2.8.    GHCL Limited

20.2.9.    DCW Limited (DCW)

20.2.10.    TATA Chemicals Limited

21.Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

  • List of Figures

    Figure 1: India Hydrogen Market Size, By Value (USD Million), 2012-2030F

    Figure 2: India Hydrogen Market Size, By Volume (Million Nm3), 2012-2030F

    Figure 3: India Service & Manufacturing Sector Contribution to GDP, 2012-2017

    Figure 4: India Installed Refinery Capacity, 2013-2017, As of April 2017 (MMT)

    Figure 5: Aggregate Petrochemical Demand in India, 2015-2018 (MMT)

    Figure 6: India Hydrogen Market Share, By Technology, By Volume, 2018, 2023F & 2030F

    Figure 7: India Production of Hydrogen-based Chemicals, 2013-2017 (‘000 MT)

    Figure 8: India Hydrogen Market Share, By Mode, By Volume, 2018, 2023F & 2030F

    Figure 9: India Hydrogen Market Share, By Application, By Volume, 2018, 2023F & 2030F

    Figure 10: Sector-wise Methanol Use in India, 2016

    Figure 11: India Chemicals and Electronics Exports, By Value, 2015 & 2016 (USD Billion)

    Figure 12: India Installed Refinery Capacity, 2012-2018 (Million Metric Tonnes Per Annum)

    Figure 13: India Hydrogen Market Share, By Region, By Volume, 2018, 2023F & 2030F

    Figure 14: India Hydrogen Market Share, By Company, By Value, 2018

    Figure 15: West India Hydrogen Market Size, By Value (USD Million), 2012-2030F

    Figure 16: West India Hydrogen Market Size, By Volume (Million Nm3), 2012-2030F

    Figure 17: West India Hydrogen Market Share, By Technology, By Volume, 2018, 2023F & 2030F

    Figure 18: West India Hydrogen Market Share, By Mode, By Volume, 2018, 2023F & 2030F

    Figure 19: West India Hydrogen Market Share, By Application, By Volume, 2018, 2023F & 2030F

    Figure 20: West India Hydrogen Market Share, By State, By Volume, 2018, 2023F & 2030F

    Figure 21: South India Hydrogen Market Size, By Value (USD Million), 2012-2030F

    Figure 22: South India Hydrogen Market Size, By Volume (Million Nm3), 2012-2030F

    Figure 23: South India Hydrogen Market Share, By Technology, By Volume, 2018, 2023F & 2030F

    Figure 24: South India Hydrogen Market Share, By Mode, By Volume, 2018, 2023F & 2030F

    Figure 25: South India Hydrogen Market Share, By Application, By Volume, 2018, 2023F & 2030F

    Figure 26: South India Hydrogen Market Share, By State, By Volume, 2018, 2023F & 2030F

    Figure 27: North India Hydrogen Market Size, By Value (USD Million), 2012-2030F

    Figure 28: North India Hydrogen Market Size, By Volume (Million Nm3), 2012-2030F

    Figure 29: North India Hydrogen Market Share, By Technology, By Volume, 2018, 2023F & 2030F

    Figure 30: North India Hydrogen Market Share, By Mode, By Volume, 2018, 2023F & 2030F

    Figure 31: North India Hydrogen Market Share, By Application, By Volume, 2018, 2023F & 2030F

    Figure 32: North India Hydrogen Market Share, By Region, By Volume, 2018, 2023F & 2030F

    Figure 33: East India Hydrogen Market Size, By Value (USD Million), 2012-2030F

    Figure 34: East India Hydrogen Market Size, By Volume (Million Nm3), 2012-2030F

    Figure 35: East India Hydrogen Market Share, By Technology, By Volume, 2018, 2023F & 2030F

    Figure 36: East India Hydrogen Market Share, By Mode, By Volume, 2018, 2023F & 2030F

    Figure 37: East India Hydrogen Market Share, By Application, By Volume, 2018, 2023F & 2030F

    Figure 38: East India Hydrogen Market Share, By State, By Volume, 2018, 2023F & 2030F

    Figure 39: India Hydrogen Market Attractiveness Index, By Technology, By Volume, 2019E-2030F

    Figure 40: India Hydrogen Market Attractiveness Index, By Application, By Volume, 2019E-2030F

    Figure 41: India Hydrogen Market Attractiveness Index, By Region, By Volume, 2019E-2030F

    Figure 42: India Hydrogen Import & Export, 2012-2018 (USD Million) (HS Code: 280410)

     

    List of Tables

     

    Table 1: India Hydrogen Market Demand Supply Analysis, 2012-2018 (Metric Tonnes)

    Table 2: India Installed Refinery Capacity, By Refinery, 2013-2017 (‘000 MT)

    Table 3: India Fertilizer Installed Capacity, By Type, By Volume, 2017 (Million Metric Tonnes)

    Table 4: India Refinery Unit Projects, By Capacity, As of May 2018 (‘000 TPA)

    Table 5: India Production, Import & Consumption of Urea, DAP & MOP, 2013-2017 (MMT)

    Table 6: India Cost of Production for Indigenous Urea with Naphtha Feedstock, 2015-2017 (USD/MT)

    Table 7: India Cost of Production for Indigenous Urea with Gas Feedstock, 2015-2017 (USD/MT)

    Table 8: India Urea Plant Reassessed Capacity and Production, 2017 (MMT)

    Table 9: India HGU & Refinery Off Gases Capacity, By Region, By Refinery Owner, 2016 (‘000 MT)

    Table 10: State-wise GDP & NSDP at Current Prices in West India, 2017

    Table 11: Methanol Installed Capacity in West India, 2017

    Table 12: State-wise GDP & NSDP at Current Prices in South India, 2017

    Table 13: Number of Smart City Projects in Southern India, By City, As of April 2018

    Table 14: Anticipated North India Power Supply Position, 2018

    Table 15: Northern Region Gross Fixed Capital Formation Share, 2017

    Table 16: Estimated Power Supply Position in Eastern India during 2019

    Table 17: Eastern India Coal Reserves, By State, By Category, By Volume, As of April 2017 (Million Tonnes)

    Table 18: India Hydrogen Gas Merchant ASP, 2012-2019E (USD/Nm3)

    Table 19: List of Major Hydrogen Importers in India

    Table 20: Partial List of Hydrogen Gas Customers in India, By End Use Industry

    Table 21: List of Major Hydrogen Manufacturers/Distributors/Dealers in India