Current Market Size of Hydrogen in India (2020-2025)
Market size of hydrogen by end use application by volume (in Million Tonnes)
The major end uses in India is from fertilizer (ammonia), chemicals (methanol) and oil refineries. It has demand from transportation and power generation and grid balancing at very nominal levels and is expected to increase by end of 2030.
About 85 percent of the hydrogen currently consumed in India serves as a feedstock or reactant in industrial processes in refining, ammonia, and methanol plants.
Current Market Size of Hydrogen in India (2020-2025) (contd.)
Market size of hydrogen by end use application by value (in US$ Billion)
The major end uses in India is from fertilizer (ammonia), chemicals (methanol) and oil refineries. It has demand from transportation and power generation and grid balancing at very nominal levels and is expected to increase by end of 2030. The market size for these application by value is depicted as below.