Growing Demand from Hydrotreating Plants to Fuel India Hydrogen Market to Over $ 720 Million by 2030: TechSci Research

According to TechSci Research report India Hydrogen Market Report By Technology, By Mode, By Application, Competition Forecast & Opportunities, 2012 – 2030”, hydrogen market in India is forecast to reach $ 727 million by 2030. Evolving technologies such as coal gasification and rising demand for hydrogen from hydrotreating plants in the refinery and chemical & petrochemical sectors are likely to boost hydrogen market in India in coming years. Owing to the merger of Linde and Praxair, set for completion by the end of 2018, the new combined entity is anticipated to capture the largest share in India hydrogen market during the forecast period.