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Last Update 08 August 2023

Future outlook for hydrogen market size built-up in India - Tracking growth from 2022-2050

Future Outlook for Market Size of Hydrogen in India (2022-2050)


Future market size of hydrogen by volume (in Million tonnes)
India is expected to witness a sharp increase in transportation sector as far as future demand is considered with decline in refineries demand. The break-up of demand as per volume is from 2022 to 2050 is depicted in the exhibit as below.


Future Outlook for Market Size of Hydrogen in India (2022-2050) (contd.)


Future market size of hydrogen by end use application in volume (in Million Tonnes)
India is expected to witness a sharp increase in transportation sector as far as future demand is considered with decline in refineries demand. The break-up of demand as per value is from 2022 to 2050 is depicted in the exhibit as below.


Future Outlook for Market Size of Hydrogen in India (2022-2050) (contd.)


Future market size of hydrogen by end use application in volume (in Million Tonnes)
India is expected to witness a sharp increase in transportation sector as far as future demand is considered with decline in refineries demand. Apart from transportation the growth segment shall be chemical and new feedstock generating across value chain. The break-up of demand as per volume for end use applications is from 2022 to 2050 is depicted in the exhibit as below.

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