インドのグリーン水素市場の評価：技術別、生産源別、輸送チャネル別、最終用途別、地域別、機会、予測、2018～2032年

水素は、アンモニア製造（主に肥料製造に使用）、鉄鋼、製油所、電力など、幅広い用途を持つ重要な産業用燃料です。グリーン水素」とは、風力発電や太陽光発電などの再生可能エネルギーを利用して製造される水素ガスのことです。このプロセスは温室効果ガスを排出せず、化石燃料に取って代わる可能性を秘めています。インド政府筋によると、インドの水素需要は2020年の600万トンから2050年には3,000万トンに増加し、数量ベースでCAGR 5.51％の成長が見込まれています。インドにおけるグリーン水素のシェアは、2030年度には全水素生産量に占める割合が2桁になると予想されます。インドのグリーン水素市場は、2030年度には80億米ドルとなり、2050年にはCAGR 20.61％で成長し、3,400億米ドルに拡大すると予測されます。

地球温暖化と二酸化炭素排出に対する意識の高まりが、インドのグリーン水素市場の成長を後押ししています。インドは、中国、米国に次ぐ第3位の二酸化炭素排出国であり、そのためグリーン水素の採用ニーズが時間の経過とともに高まっています。また、化学需要の増加、技術の進歩、政府の支援により、市場開拓と投資の大きな可能性を秘めています。しかし、グリーン水素の生産、変換、貯蔵、輸送のコストが高いなどの要因が、市場拡大を抑制しています。

目次

調査手法

第2章 製品概要

第3章 COVID-19がインドのグリーン水素市場に与える影響

第4章 ロシア・ウクライナ戦争がインドのグリーン水素市場に与える影響

第5章 エグゼクティブサマリー

第6章 インドのグリーン水素市場の見通し、2018年度～2032年度

• 市場規模と予測
  • 金額別
  • 数量別
• 市場シェアと予測
  • 技術別
    • アルカリ電解装置
    • ポリマー電解質膜（PEM）電解装置
    • プロトン交換膜電解装置
    • 固体酸化物電解装置
  • 生産源別
    • 太陽光
    • 風力
  • 輸送チャネル別
    • パイプライン
    • 水路
    • 道路
  • 最終用途タイプ別
    • 国内
    • 産業
  • 地域別
    • 北部
    • 東部
    • 西部と中央部
    • 南部

第7章 マクロビジネス環境の範囲

• ポーターのファイブフォース分析
  • サプライヤーの交渉力
  • バイヤーの交渉力
  • 代替品の脅威
  • 新規参入の脅威
  • 競争企業間の敵対関係
• PESTEL分析
  • 政治的策略
  • 経済的要因
  • 社会的影響
  • 技術の進歩
  • 環境への影響
  • 法的政策と規制機関
• バリューチェーン分析
• 供給需要分析
• 輸入輸出分析

第8章 価格分析

第9章 市場力学

• 動向と動向
• 成長の原動力
• 成長抑制剤

第10章 市場プレーヤー別ベストプラクティスのケーススタディ（最大3つ）

第11章 主要プレーヤーの情勢

• 市場トップ5社のSWOT分析
• 市場リーダー上位5社の競合マトリックス
• 上位5社の市場リーダーの市場収益分析（%、2024年度）
• 新興プレーヤーと代替プレーヤー（該当する場合）
• 合併と買収/合弁事業（該当する場合）
• 特許分析（ある場合）

第12章 主要プレーヤーの展望

• Reliance Industries Limited（RIL）
• 会社概要
• 主要経営陣
• 製品とサービス
• 財務状況（報告通り）
• 主要市場への注力と地理的プレゼンス
• 最近の動向
• Oil &Natural Gas Corporation（ONGC）
• Adani New Industries Limited（ANIL）
• GAIL India Limited
• National Thermal Power Corporation Limited（NTPC）
• Indian Oil Corporation Limited（IOCL）
• Larsen and Toubro Limited（L&T）
• Bharat Petroleum Corporation Limited
• Hindustan Petroleum Corporation Limited（HPCL）
• Greenko Energies Private Limited（Group Greenko）
• Oil India Limited（OIL）

上記の企業は市場シェアに基づいて注文を保留しておらず、調査作業中に入手可能な情報に応じて変更される可能性があります。

第13章 戦略的提言

第14章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Green Hydrogen Market, By Value, In USD Million, FY2018 - 2032F
• Figure 2. India Green Hydrogen Market, By Volume, In Thousand Units, FY2018 - 2032F
• Figure 3. India Green Hydrogen Market Share, By Technology, In USD Million, FY2018 - 2032F
• Figure 4. India Green Hydrogen Market Share, By Technology, In Thousand Units, FY2018 - 2032F
• Figure 5. India Green Hydrogen Market Share, By Production Source, In USD Million, FY2018 - 2032F
• Figure 6. India Green Hydrogen Market Share, By Production Source, In Thousand Units, FY2018 - 2032F
• Figure 7. India Green Hydrogen Market Share, By Transportation Channel, In USD Million, FY2018 - 2032F
• Figure 8. India Green Hydrogen Market Share, By Transportation Channel, In Thousand Units, FY2018 - 2032F
• Figure 9. India Green Hydrogen Market Share, By End-User Type, In USD Million, FY2018 - 2032F
• Figure 10. India Green Hydrogen Market Share, By End-User Type, In Thousand Units, FY2018 - 2032F
• Figure 11. India Green Hydrogen Market Share, By Region, In USD Million, FY2018 - 2032F
• Figure 12. India Green Hydrogen Market Share, By Region, In Thousand Units, FY2018 - 2032F
• Figure 13. Technology Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 14. Production Source Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 15. Transportation Channel Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 16. End-User Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 17. Region Map-Market Size (USD Million) & Growth Rate (%), FY2024

Hydrogen is an important industrial fuel with a wide range of uses, including the manufacture of ammonia (majorly used for fertiliser production), steel, refineries, and power. The term 'Green Hydrogen' refers to hydrogen gas produced using renewable energy sources such as wind or solar power. The process does not emit any greenhouse gases and has the potential to replace fossil fuels. According to an Indian government source, the Hydrogen demand in India is expected to increase from six million tonnes in 2020 to 30 million tonnes by 2050, growing at a CAGR of 5.51% in volume terms. The share for Green Hydrogen in India will be in double digits in volume terms of the total hydrogen production in FY2030. The India Green Hydrogen Market will be valued at USD 8 billion in FY2030 and is projected to increase to USD 340 billion by 2050, growing at a CAGR of 20.61%.

Rise in awareness about global warming and carbon emissions have propelled the growth of India green hydrogen market. After China and the United States, India is the third largest carbon dioxide producer, due to which the need for the adoption of green hydrogen has increased over time. Additionally, the market provides huge potential for development and investment due to the increase in chemical demand, technological advancements, and government support. However, factors such as high cost of production, conversion, storage and transportation of green hydrogen restrains the market expansion.

Alkaline Electrolyser Dominates

According to the Ministry of New and Renewable Energy, alkaline electrolyser is produced by several manufacturers in India and dominates in term of market share by technology in 2022. More advanced electrolyser technologies including solid oxide and anion exchange membranes are also on the verge of commercialization. In 2021, Bhabha Atomic Research Center (BARC) and Bharat Petroleum Corporation Limited (BPCL) had worked together to scale up the alkaline electrolyser technology to boost up the production of green hydrogen.

Government Initiatives Provides Lucrative Business Opportunity

The growth of the green hydrogen market is influenced by the initiatives taken by the Government of India with an aim to adopt green hydrogen, particularly to decarbonize industries including ammonia, refineries, iron and steel, methanol and heavy-duty transportation. For instance, in 2021, the Indian government approved an initial investment of Rs. 197.4 billion for the National Green Hydrogen Mission. By 2030, India will create a capacity for producing green hydrogen of five million tonnes annually, along with an additional 125 GW of renewable energy capacity. Over the years, India has strengthened its expertise in producing renewable energy at lower costs. As a result, India is one of the world's most competitive producer of green hydrogen.

Mega-Scale Projects Transforming the Market Landscape

The Indian green hydrogen sector is witnessing a surge in large-scale infrastructure projects. These projects aim to integrate advanced technology and renewable energy resources, making green hydrogen more accessible and cost competitive. Companies are partnering with state governments to develop green hydrogen hubs, tapping into India's solar and wind energy potential. This synergy is accelerating the commercialization of green hydrogen and driving down production costs.

For instance, in January 2025, Prime Minister Modi inaugurated NTPC Green Energy Limited's USD 21 billion green hydrogen hub in Andhra Pradesh. This hub is expected to support industries such as steel, fertilizers, and chemicals, showcasing India's commitment to sustainable industrial transformation.

Impact of COVID-19 on Green Hydrogen Market

Due to the sudden outbreak of the COVID-19 pandemic, the renewable energy industry witnessed production losses including the green hydrogen market too. Halt or disruption in transportation, shortage of raw materials, slowdown of on-site work and decreased demand for chemicals have negatively impacted the India green hydrogen market. The lockdown and strict social distancing norms in 2020 led to the disruption in the chemical and renewable energy industry impacting manufacturing and supply chain operations. However, post COVID-19 recovery in 2021, the Indian government had chosen several initiatives to enhance global partnerships, supplier diversity, innovative inventions to minimize the need for certain resources that strengthened the declining conditions for the India green hydrogen market. With the removal of mobility restrictions in India, the market is witnessing growth again.

Impact of Russia Ukraine War on Green Hydrogen Market

The price of the global crude oil had risen to as high as USD 140 per barrel, the highest level seen after fourteen years because of the continued tensions between Russia and Ukraine. India's susceptibility to geopolitical sanctions is shown by the increase in the cost of oil, natural gas and fertilisers. The Union Transport Minister of India reaffirmed that green hydrogen is a new alternative that would lessen India's vulnerability to such price fluctuations.

Key Players Landscape and Outlook

The market for green hydrogen is consolidated and there are limited number of players operating in this business. Reliance Industries Limited (RIL) is a leading manufacturer and holds the dominant share. The market consists of other major players such as Oil & Natural Gas Corporation (ONGC), Adani New Industries Limited (ANIL), GAIL India Limited etc. Companies are making significant investments in R&D projects to introduce new products and increase production capabilities. For instance, Reliance Industries Limited (RIL) has announced its goals to achieve net zero carbon emissions by the year 2035. In order to construct a 5000-acre green energy complex in Jamnagar, Gujarat, RIL aims to invest INR 600 billion. Similarly, Oil India Limited (OIL) has taken the first important step toward a Green Hydrogen Economy in India with the recent commissioning of India's first 99.999% pure Green Hydrogen pilot plant. The plant was set up at the Jorhat Pump Station in Assam in April 2022.

Table of Contents

Research Methodology

2. Product Overview

3. Impact of COVID-19 on India Green Hydrogen Market

4. Impact of Russia Ukraine War on India Green Hydrogen Market

5. Executive Summary

6. India Green Hydrogen Market Outlook, FY2018-FY2032F

• 6.1 Market Size & Forecast
  • 6.1.1 By Value
  • 6.1.2 By Volume
• 6.2 Market Share & Forecast
  • 6.2.1 By Technology
    • 6.2.1.1 Alkaline Electrolyzer
    • 6.2.1.2 Polymer Electrolyte Membrane (PEM) Electrolyzer
    • 6.2.1.3 Proton Exchange Membrane Electrolyzer
    • 6.2.1.4 Solid Oxide Electrolyzer
  • 6.2.2 By Production Source
    • 6.2.2.1 Solar
    • 6.2.2.2 Wind
  • 6.2.3 By Transportation Channel
    • 6.2.3.1 Pipeline
    • 6.2.3.2 Waterways
    • 6.2.3.3 Roadways
  • 6.2.4 By End-User Type
    • 6.2.4.1 Domestic
    • 6.2.4.2 Industrial
      • 6.2.4.2.1 Energy and Power
      • 6.2.4.2.2 Steel
      • 6.2.4.2.3 Refineries
      • 6.2.4.2.4 Chemicals
      • 6.2.4.2.5 Transportation
      • 6.2.4.2.6 Manufacturing
      • 6.2.4.2.7 Others
  • 6.2.5 By Region
    • 6.2.5.1 North
    • 6.2.5.2 East
    • 6.2.5.3 West and Central
    • 6.2.5.4 South

7. Macro-Business Environmental Scope

• 7.1 Porter's Five Forces Analysis
  • 7.1.1 Bargaining Power of Supplier
  • 7.1.2 Bargaining Power of Buyer
  • 7.1.3 Threat of Substitutes
  • 7.1.4 Threat from New Entrant
  • 7.1.5 Competitive Rivalry
• 7.2 PESTEL Analysis
  • 7.2.1 Political Schemes
  • 7.2.2 Economic Factors
  • 7.2.3 Social Implications
  • 7.2.4 Technological Advancements
  • 7.2.5 Environmental Impact
  • 7.2.6 Legal Policies and Regulatory Bodies
• 7.3 Value Chain Analysis
• 7.4 Supply Demand Analysis
• 7.5 Import Export Analysis

8. Pricing Analysis

9. Market Dynamics

• 9.1 Trends & Developments
• 9.2 Growth Drivers
• 9.3 Growth Inhibitors

10. Best Practice Case Studies by Market Players (Upto Three)

11. Key Players Landscape

• 11.1 SWOT Analysis of Top Five Market Players
• 11.2 Competition Matrix of Top Five Market Leaders
• 11.3 Market Revenue Analysis of Top Five Market Leaders (in %, FY2024)
• 11.4 Emerging Players and Substitutes (If Any)
• 11.5 Mergers & Acquisitions/Joint Ventures (If Applicable)
• 11.6 Patent Analysis (If Any)

12. Key Players Outlook

• 12.1 Reliance Industries Limited (RIL)
  • 12.1.1 Company Details
  • 12.1.2 Key Management Personnel
  • 12.1.3 Products & Services
  • 12.1.4 Financials (As reported)
  • 12.1.5 Key Market Focus & Geographical Presence
  • 12.1.6 Recent Developments
• 12.2 Oil & Natural Gas Corporation (ONGC)
• 12.3 Adani New Industries Limited (ANIL)
• 12.4 GAIL India Limited
• 12.5 National Thermal Power Corporation Limited (NTPC)
• 12.6 Indian Oil Corporation Limited (IOCL)
• 12.7 Larsen and Toubro Limited (L&T)
• 12.8 Bharat Petroleum Corporation Limited
• 12.9 Hindustan Petroleum Corporation Limited (HPCL)
• 12.10 Greenko Energies Private Limited (Group Greenko)
• 12.11 Oil India Limited (OIL)

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

13. Strategic Recommendations

14. About Us & Disclaimer