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Report Highlights
The global market for hydrogen storage materials and technologies is expected to grow from $5.3 billion in 2023 to $7.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.6% from 2023 through 2028.
Report Includes
- 37 data tables and 46 additional tables
- In-depth analysis of the global markets for hydrogen storage materials and technologies
- Analyses of global market trends, with market revenue data from 2022, estimates for 2023, forecasts for 2024 and 2026, and projected CAGRs through 2028
- Estimate of the current market size and revenue prospects, accompanied by a market share analysis based on storage type, end-user industry and region
- Facts and figures pertaining to the current market dynamics, emerging trends and technologies, regulatory scenario, and the influence of macroeconomic factors
- A Porter’s Five Forces analysis, a global supply chain analysis and a SWOT analysis
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, ESG score analysis, and the ESG practices of leading companies
- A patent analysis
- Analysis of the industry structure, including company market shares, strategic alliances, M&A activity and venture funding outlook
- Profiles of the market leaders, including Air Liquide, Chart Industries Inc., Hexagon Composites ASA, Linde plc, and Luxfer Holdings Plc
Report Scope
BCC Research defines hydrogen storage technologies as the various forms of materials, storage media and technology used to store hydrogen in a form that can be used as an energy source as and when required. In this report, the global hydrogen storage market is segmented into storage type, end-user and region. The report also takes a look at the competitive landscape, which includes a market share analysis of the leading companies in the market. The report also analyzes these companies’ ESG (environmental, social, and governance) practices.
The report gives the revenues generated by providing hydrogen storage services. However, it is beyond the scope of the report to cover the cost of storage tanks and vessels/containers. It also does not cover energy storage solution providers such as those providing battery storage, nor does it include those companies provide consulting and training related to hydrogen storage technologies.
Report Synopsis
| Report Metrics | Details | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||
| Base year market size | $5.0 billion | ||||||||||||
| Market size forecast | $7.7 billion | ||||||||||||
| Growth rate | CAGR of 7.6% from 2023 to 2028 | ||||||||||||
| Units considered | $ Millions | ||||||||||||
| Segments covered | By Storage Type, End-User Industry, and Region | ||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, and the Middle East and Africa (MEA) | ||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Report Highlights
The global market for hydrogen storage materials and technologies should grow from $4.7 billion in 2021 to $6.8 billion by 2026, at compound annual growth rate (CAGR) of 7.6% for the period of 2021-2026.
Report Includes
- 33 data tables and 15 additional tables
- An overview of the global markets, technologies, and materials for hydrogen storage
- Estimation of the market size and analyses of global market trends, with data from 2020, estimates for 2021 with projections of compound annual growth rates (CAGRs) through 2026
- Market share analysis of the hydrogen storage by type, application, end-user, and region
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of the changes and new developments in the hydrogen storage technologies market
- Discussion on hydrogen usage as an energy source and how hydrogen can be used as an alternative fuel, and coverage of benefits and evolution of the hydrogen storage market, and comparative description of physical storage vs material-based storage
- Insights into government regulations and stringent environmental standards for cleaner fuel and discussion on effect of urbanization and increased disposable income on hydrogen storage market
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
- Comprehensive company profiles of the leading players of the industry, including Air Products and Chemicals Inc., Cella Energy Ltd., Hexagon Composites, Linde AG, Plug Power Inc.
Report Highlights
The global hydrogen storage materials and technologies market reached $3.6 billion in 2016. The market should reach nearly $5.4 billion by 2021, growing at a compound annual growth rate (CAGR) of 8.1% from 2016 to 2021.
Report Includes
- An overview of the global markets for hydrogen storage materials technologies.
- Analyses of global market trends, with data from 2015 and 2016, and projections of CAGRs through 2021.
- Analyses of the market by storage type, application, and end user/industry.
- Detailed discussion of the impact of the key trends and key stakeholders in the market.
- In-depth patent analysis of hydrogen storage material technologies that are currently under investigation or new in the market.
- Profiles of manufacturers of hydrogen storage materials technologies.
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