India Hydrogen Storage Materials Market Size & Outlook
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India hydrogen storage materials market highlights
- The India hydrogen storage materials market generated a revenue of USD 29.8 million in 2024 and is expected to reach USD 108.6 million by 2033.
- The India market is expected to grow at a CAGR of 15.5% from 2025 to 2033.
- In terms of segment, metal hydrides was the largest revenue generating material type in 2024.
- Nanostructured Materials is the most lucrative material type segment registering the fastest growth during the forecast period.
Hydrogen storage materials market data book summary
| Market revenue in 2024 | USD 29.8 million |
| Market revenue in 2033 | USD 108.6 million |
| Growth rate | 15.5% (CAGR from 2025 to 2033) |
| Largest segment | Metal hydrides |
| Fastest growing segment | Nanostructured Materials |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metal Hydrides, Chemical Hydrides, Carbon-based Materials, Nanostructured Materials |
Other key industry trends
- In terms of revenue, India accounted for 6.4% of the global hydrogen storage materials market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China hydrogen storage materials market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.6 million by 2033.
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Hydrogen Storage Materials Market Scope
Hydrogen Storage Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GKN Hydrogen | View profile | 51-100 | Falzes, Trentino-Alto Adige, Italy, Europe | https://www.gknhydrogen.com |
| Quantum Fuel Systems Technologies Worldwide | View profile | 51-100 | Lake Forest, California, United States, North America | http://www.qtww.com/ |
| Luxfer Holdings | View profile | 1001-5000 | Manchester, Manchester, United Kingdom, Europe | http://www.luxfer.com/ |
| Nippon Denko | View profile | 501-1000 | Ginza, Tokyo, Japan, Asia | http://www.nippondenko.co.jp/ |
| Worthington Industries | View profile | 10001+ | Columbus, Ohio, United States, North America | http://www.worthingtonindustries.com |
| Steelhead Composites | View profile | 11-50 | Golden, Colorado, United States, North America | http://steelheadcomposites.com |
| Hexagon Composites ASA | View profile | 1149 | Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, Norway, 6002 | https://www.hexagongroup.com |
| Iwatani Corp | View profile | 11351 | 6-4, Hommachi 3-chome, Chuo-ku, Osaka, Japan, 541-0053 | http://www.iwatani.co.jp |
India hydrogen storage materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrogen storage materials market will help companies and investors design strategic landscapes.
Metal hydrides was the largest segment with a revenue share of 43.62% in 2024. Horizon Databook has segmented the India hydrogen storage materials market based on metal hydrides, chemical hydrides, carbon-based materials, nanostructured materials covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of India hydrogen storage materials market databook
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Our clientele includes a mix of hydrogen storage materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India hydrogen storage materials market , including forecasts for subscribers. This country databook contains high-level insights into India hydrogen storage materials market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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India hydrogen storage materials market size, by material type, 2021-2033 (US$M)
India Hydrogen Storage Materials Market Outlook Share, 2024 & 2033 (US$M)
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