• India hydrogen market
  • hydrogen storage materials
  • green hydrogen India
  • hydrogen economy
  • hydrogen production cost India
  • hydrogen transport India
  • hydrogen infrastructure
  • hydrogen storage technologies
  • compressed hydrogen
  • liquid hydrogen India
  • LOHC
  • metal hydrides
  • green ammonia export
  • hydrogen pipeline India
  • Eninrac hydrogen report
  • hydrogen policy India
  • National Green Hydrogen Mission
  • hydrogen export strategy
  • renewable hydrogen India
  • hydrogen materials market 2040

Last Update 04 June 2025

India Poised to Capture $25B Share in Global Hydrogen Materials Market

India is on the cusp of a green hydrogen revolution, and according to a newly released report by Eninrac, the country holds the potential to secure a $25 billion share in the $200 billion global hydrogen storage materials market by 2040.

Strategic Report Overview

The report titled “Strategic Assessment of India’s Hydrogen Storage & Transport Ecosystem” highlights how cost competitiveness, infrastructure modernization, and feedstock diversification will define India's leadership in the global hydrogen economy.

“India’s hydrogen strategy must be grounded in a realistic, tech-forward, and localized approach to production, storage, and delivery,” said Eninrac’s lead energy analyst.

Key Insights from the Report

  • Green hydrogen costs projected to fall to ~$2/kg by 2030.
  • $2.4B market share by 2030 led by compressed gas and cryogenic storage solutions.
  • India targeting 1,500 km hydrogen pipeline and over 50 LH₂ tankers.
  • Green ammonia terminals planned in Gujarat and Odisha for export viability.
  • Material science breakthroughs in metal hydrides & LOHCs underway.

Industry Call to Action

The report urges coordinated action from stakeholders under the National Green Hydrogen Mission, encouraging:

  • Electrolyzer localization
  • Strategic hydrogen cluster development
  • Public-private capital convergence
  • Global certification alignment
Download Report

Click here to download the full report and gain access to exclusive data insights, technology readiness levels, and cost forecasts across hydrogen pathways.

Do you want to seek Eninrac assistance in helping you resolve some critical business issues? Engage with us and reach out to our experts by using the Request for Proposal (RFP) form.

BEST VISION IS INSIGHT

Combine market knowledge and your skill to contribute value for end consumers

offshore-wind-energy.jpg

PPA Renewable Trends - India

Read more  →
pngtree-an-aerial-view-of-a-highway-junction-with-cars-crossing-each-picture-image_2707356.png

PPP Investments Status in India across Varied Sectors

Read more  →
drms-regulation-notification.jpg

DSRM Regulation 2024 Notification

Read more  →

Get started with
EI Market personalised demo

Complete the form to get in touch with our sales team to see our Visionboard platform in action. We'll show you how you can use eninrac to build a culture of action of consistently hunting down and eliminating poor market research expriences across your companies line of business

power by why
REQUEST DEMO
By providing this information, you grant consent that we may process your personal data in accordance with our Privacy Statement.
By submitting this form, you grant consent to receive marketing information from eninrac as set out in our Terms of Service & Privacy Statement. You may unsubscribe at any time.
budget India Budget