| Product Code: ETC7546797 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s liquid hydrogen import market in 2024 saw significant contributions from top exporting countries including China, Bhutan, USA, Germany, and UK. The market exhibited high concentration with a Herfindahl-Hirschman Index (HHI) remaining at elevated levels. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood strong at 10.96%. This data suggests a steady demand for liquid hydrogen imports in India, with key players continuing to play a significant role in shaping the market dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Liquid Hydrogen Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquid Hydrogen Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquid Hydrogen Market - Industry Life Cycle |
3.4 India Liquid Hydrogen Market - Porter's Five Forces |
3.5 India Liquid Hydrogen Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
3.6 India Liquid Hydrogen Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 India Liquid Hydrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for clean energy sources in India |
4.2.2 Increasing government initiatives towards promoting hydrogen fuel cell technology |
4.2.3 Rising focus on reducing carbon emissions and achieving sustainability goals |
4.3 Market Restraints |
4.3.1 High initial investment and infrastructure costs for establishing liquid hydrogen production and distribution facilities |
4.3.2 Limited availability of skilled workforce with expertise in hydrogen technologies in India |
5 India Liquid Hydrogen Market Trends |
6 India Liquid Hydrogen Market, By Types |
6.1 India Liquid Hydrogen Market, By Distribution |
6.1.1 Overview and Analysis |
6.1.2 India Liquid Hydrogen Market Revenues & Volume, By Distribution, 2021- 2031F |
6.1.3 India Liquid Hydrogen Market Revenues & Volume, By Containers, 2021- 2031F |
6.1.4 India Liquid Hydrogen Market Revenues & Volume, By Tanks, 2021- 2031F |
6.2 India Liquid Hydrogen Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Liquid Hydrogen Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 India Liquid Hydrogen Market Revenues & Volume, By Chemicals and Petrochemicals, 2021- 2031F |
6.2.4 India Liquid Hydrogen Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.5 India Liquid Hydrogen Market Revenues & Volume, By Metallurgy, 2021- 2031F |
6.2.6 India Liquid Hydrogen Market Revenues & Volume, By Other End-use Industries, 2021- 2031F |
7 India Liquid Hydrogen Market Import-Export Trade Statistics |
7.1 India Liquid Hydrogen Market Export to Major Countries |
7.2 India Liquid Hydrogen Market Imports from Major Countries |
8 India Liquid Hydrogen Market Key Performance Indicators |
8.1 Number of hydrogen fuel cell vehicles deployed in India |
8.2 Investment in research and development of hydrogen technologies by Indian companies |
8.3 Number of government policies and incentives supporting the adoption of hydrogen fuel technologies in India |
9 India Liquid Hydrogen Market - Opportunity Assessment |
9.1 India Liquid Hydrogen Market Opportunity Assessment, By Distribution, 2021 & 2031F |
9.2 India Liquid Hydrogen Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 India Liquid Hydrogen Market - Competitive Landscape |
10.1 India Liquid Hydrogen Market Revenue Share, By Companies, 2024 |
10.2 India Liquid Hydrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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