India Hydrogen Market Trends: Innovations Shaping the Future
Introduction
The India Hydrogen Market is poised for significant expansion, projected to grow at a CAGR of 7.35% through 2030, driven by rising demand in key sectors such as fertilizers, refining, and clean energy. According to the TechSci Research report, the market reached 7.12 million tonnes in 2024, with green hydrogen emerging as a game-changer in India’s energy transition.
Industry Key Features
1. Rising Demand in the Fertilizers Sector