India Hydrogen Generator Market report thoroughly covers market by technology. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Hydrogen Generator Market Synopsis
India hydrogen generator market witnessed significant growth during the 2017-2019 period owing to growth in key application sectors such as the refining sector, petrochemical, and edible oil industries. Further, the period witnessed increased adoption of new technologies such as electrolysis and methanol cracking.
COVID-19 pandemic-led measures, lockdowns, and restrictions on international trade resulted in a slight slowdown in the hydrogen generator market due to supply chain disruption as India hydrogen generator market is import driven. However, with upliftment of lockdown restrictions and regulatory measures to revive economic activity, demand for hydrogen generators returned to its growth trajectory in the third quarter of 2020.
According to the publisher, India Hydrogen Generator Market revenue size is projected to grow at a CAGR of 11.0% during 2021-2027. Hydrogen gas is considered as a potential solution to the world’s sustainability challenges, India’s National Hydrogen Mission aims to cut down carbon emissions by increasing the use of renewable sources of energy to align India with global practices in terms of technology, policy & regulations, and intends to produce three-fourths of its hydrogen production from renewable resources by 2050. Furthermore, government and private firms such as Indian Oil, NTPC, Reliance group, and Adani Group have ambitious plans to embrace hydrogen as a fuel on account of the nation's transitions towards carbon-free fuel. Additionally, government institution Indian Oil Corporation IOC is also working on a technology to develop hydrogen-spiked compressed natural gas, or H-CNG to use hydrogen as a transportation fuel. In addition to that, government initiatives such as the Renewable and Clean Hydrogen Program, Advanced Hydrogen and Fuel Cell Program would further augment the demand for hydrogen generators in the country.
Market by Technology Analysis
In terms of Technology, steam methane reforming hydrogen generator has captured 65.9% of the market revenues in 2020. steam methane reforming hydrogen generator accounted for maximum revenue share in 2020 due to the rise in oil & gas production, and petrochemical production. Further, since major application industries such as refineries, and petrochemical processing were operating during the nationwide lockdown demand for steam methane reforming hydrogen generator held up in India.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
- Key Highlights of the Report
- India Hydrogen Generator Market Overview
- India Hydrogen Generator Market Outlook
- India Hydrogen Generator Market Forecast
- Historical Data and Forecast of India Hydrogen Generator Market Revenues and Volume, for the Period 2017-2027F.
- Historical Market Data and Forecast of India Hydrogen Generator Market Revenues and Volume, By Technology, for the Period 2017-2027F.
- Market Drivers and Restraints
- Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Importer List
- Key Potential Customers List
- Government Regulations
- Key Potential Companies List for Mergers and Acquisitions
- Market Opportunity Assessment
- India Hydrogen Generator Market Ranking, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
- Ammonia Cracker Hydrogen Generator
- Methanol Cracker Hydrogen Generator
- Steam Methane Reforming Hydrogen Generator
- Electrolysis Hydrogen Generator
Table of Contents
1. Executive Summary
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
3.2 India Hydrogen Generator Market - Industry Life Cycle
3.3 India Hydrogen Generator Market - Porter’s Five Forces
3.4 India Hydrogen Generator Market Revenue & Volume Share, By Technology, 2020 & 2027F
3.5 Impact Analysis of COVID-19 on India Hydrogen Generator Market
4.2 Market Drivers
4.3 Market Restraints
6.2 India Methanol Cracker Hydrogen Generator Market Revenues & Volume, 2017-2027F
6.3 India Steam Methane Reforming Hydrogen Generator Market Revenues & Volume, 2017-2027F
6.4 India Electrolysis Hydrogen Generator Market Revenues & Volume, 2017-2027F
11.2 India Hydrogen Generator Market Purity Requirements for Hydogen Generator
11.3 India Hydrogen Generator Market Different Technologies for Hydrogen Production
12.2 India Hydrogen Generator Market Key Potential Companies for Mergers and Acquisitions, By Manufacturing Permission & License or Contract
14.2 India Hydrogen Generator Market Competitive Benchmarking, By Technical Parameters
14.3 India Hydrogen Generator Market Competitive Benchmarking, By Operating Parameters
14.4 India Hydrogen Generator Market Competitive Benchmarking, By Manufacturing Permission & License or Contract
15.2 Gaztron Engineering Pvt. Ltd.
15.3 Sam Gas Projects Pvt. Ltd.
15.4 Nuberg Engineering Ltd
15.5 Linde Engineering India Ltd. Pvt.
15.6 Inox Air Products Inc.
15.7 MVS Engineering Pvt. Ltd.
15.8 L’Air Liquide S.A.
15.9 Honeywell International Inc.
15.10 Molsieve Designs Limited
15.11 Gastek Engineering Private Limited
Figure 2. India Hydrogen Generator Market Revenues Share, By Technology, 2020 & 2027F
Figure 4. Cumulative Production of Petroleum Products by Refineries, Crude-Oil, and Natural Gas, FY2019-20 vs FY2020-21
Figure 5. Indian Crude Steel Production, 2019 vs 2020 (MT)
Figure 6. India Refining Capacity, 2021-2040F (Million Barrels Per Day)
Figure 7. India Oil Demand, 2019 and 2040F (Million Barrels Per Day)
Figure 8. India Domestic consumption of Total Finished Steel (MT)
Figure 9. India Rural Consumption Of Steel, 2021 and 2030-31F (kg/per capita)
Figure 10. India Hydrogen Generator Market Average Selling Price Trend, 2017-2027F ($/Unit)
Figure 11. India Petrochemicals Market, 2020 and 2025F ($ Billion)
Figure 12. Indian Chemical Market, 2018/19- 2024/25F ($ Billion)
Figure 13. Indian Cosmetics and Cosmeceutical Market, 2020 - 2025F ($ Billion)
Figure 14. India Steel Production, September 2020- August 2021 (Thousand Tons)
Figure 15. India Rural Consumption Of Steel, 2021 and 2030-31F (kg/per capita)
Figure 16. India Float Glass Market Expansion Plans, 2020- 2023F
Figure 17. India Float Glass Market- Percentage Usage by End Users, 2020
Figure 18. India Container Glass Market Expansion Plans, 2021E-2022F
Figure 19. India Float Glass Market Expansion Plans, 2020- 2023F
Figure 20. India Industrial Hydrogen Generator Market Opportunity Assessment, By Technology, 2027F
Figure 21. India Hydrogen Generator Market Revenue Ranking, By Companies, 2020
Figure 22. India Hydrogen Generator Market Revenue Share, 2027F (In Percentage)
Figure 23. India Electrolysis Hydrogen Generator Market Growth (2020 & 2027F)
Table 2. India Industrial Hydrogen Generator Market Revenues, By Technology, 2017-2027F ($ Million)
Table 3. India Industrial Hydrogen Generator Market Volume, By Technology, 2017-2027F (Units)
Table 4. Key Hydrogen Development Programs by Government of India, 2021
Table 5. India Hydrogen Generator Market Key Potential Customers List (Contd.)
Table 6. Quality Certificates Required for Setting Up of Hydrogen Generation Plant - PAN India (2021)
Table 7. Purity Requirements Hydrogen Generator (2021)
Table 8. Technologies Comparison for Hydrogen Generation(2021)
Table 9. India Hydrogen Generator Market Key Potential Companies List (Contd.)
Table 10. India Hydrogen Generator Market Key Potential Companies List, By Manufacturing Permission & License or Contract (Contd.)Contd.)
Table 11. Product Mix Matrix
Table 12. Comparison between Electrolysis and Steam Methane Reforming
Table 13. Comparison between Alkaline Electrolyzer and PEM Electrolyzer
- Gastek Engineering Private Limited
- Gaztron Engineering Pvt. Ltd.
- Honeywell International Inc.
- Inox Air Products Inc.
- Linde Engineering India Ltd. Pvt.
- L’Air Liquide S.A.
- Molsieve Designs Limited
- MVS Engineering Pvt. Ltd.
- Nuberg Engineering Ltd
- Praxair India Pvt. Ltd.
- Sam Gas Projects Pvt. Ltd.