Hydrogen Storage Market by Storage Form (Physical, Material-Based), Type of Storage (Cylinder, Merchant, On-Site, & On-Board), Application (Chemicals, Oil Refining, Industrial, Transportation, Metal Working), and Region - Global Forecast to 2026

  • ID: 4031248
  • Report
  • Region: Global
  • 142 Pages
  • Markets and Markets
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The Hydrogen Storage Market Was Valued at USD 415.8 Million in 2015 and is Projected to Reach USD 969.6 Million by 2026, Registering a CAGR of 8.1% Between 2016 and 2026

FEATURED COMPANIES

  • Air Liquide
  • HBank Technologies Inc.
  • Hexagon Composites ASA
  • Inoxcva
  • Linde AG
  • Luxfer Holdings Plc
  • MORE

“Increase in consumption of transportation fuels to drive the hydrogen storage market”

The market is largely driven by the transportation application in regions such as Europe and North America. In addition, the rising awareness and use of cleaner, carbon free, and low emission fuels are fueling the demand of hydrogen storage. However, the sales of fuel cells may decrease due to the limited availability of hydrogen refilling infrastructure in developing and some parts of developed economies, which will hamper the hydrogen storage market growth.

“Transportation industry is the fastest-growing application segment of the hydrogen storage market”

Rise in demand for hydrogen powered cars in North America and Europe driven by the availability of hydrogen filling infrastructure, and stringent regulations on the use of low emission generating vehicles are driving the growth of the hydrogen storage market. Rise in applications of fuels cells in other means of transportation, such as buses, ships & boats, unmanned vehicles, and bicycles is also increasing the demand for hydrogen storage.

“Asia-Pacific to dominate the hydrogen storage market during the forecast period”

China is the largest market for hydrogen storage, globally. The primary drivers for the forecasted growth of the Asia-Pacific market are increase in consumption of gasoline and diesel in developing countries, such as Indonesia, Malaysia, and India among others; use of methanol (made from hydrogen) in gasoline; stringent emission regulations in South Korea and Japan; and rise in demand of ammonia for manufacturing fertilizers in China, India, and other South East Asian countries.
 
In the process of determining and verifying the market size for the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:

  • By Company Type: Tier 1 (60%), Tier 2 (25%), and Tier 3 (15%)
  • By Designation: C-level (25%), Director Level (55%), and Others (20%)
  • By Region: North America (15%), Europe (35%), Asia-Pacific (25%), Middle East & Africa (15%), and Latin America (10%)

Various key players profiled in the report include Air Liquide (France), Linde AG (Germany), Praxair, Inc. (U.S.), Worthington Industries, Inc. (U.S.), Luxfer Holdings Plc (U.K.), McPhy Energy S.A. (France), HBank Technologies Inc. (Taiwan), INOXCVA (India), VRV S.p.A. (Italy), and Hexagon Composites ASA (Norway)

Research Coverage:

This report covers the hydrogen storage market, in terms value, and forecasts the market size till 2026. The report includes the market segmentation based on form of storage, type of storage, end-use application, and region. It also provides company profiles and competitive strategies adopted by the key market players in the global hydrogen storage market.

Reasons to buy this report:

This research report is focused on various levels of analysis - industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the hydrogen storage market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on top manufacturers of hydrogen storage market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the hydrogen storage market
  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for hydrogen storage
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global hydrogen storage market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the hydrogen storage market
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FEATURED COMPANIES

  • Air Liquide
  • HBank Technologies Inc.
  • Hexagon Composites ASA
  • Inoxcva
  • Linde AG
  • Luxfer Holdings Plc
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitation
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Global Physical Hydrogen Storage Market (2016-2021)
4.2 Physical Hydrogen Storage Market in Asia-Pacific
4.3 Physical Hydrogen Storage Market Attractiveness

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Hydrogen Storage Market, by Region
5.3 Market Dynamics

5.4 Impact Analysis
5.4.1 Drivers
5.4.1.1 Rising Demand for Low Emission Fuels
5.4.1.2 Rise in Demand for Ammonia and Methanol, Globally
5.4.1.3 Increased Usage of Hydrogen Storage Tanks in Transportation Application
5.4.2 Restraints
5.4.2.1 Limited Availability of Hydrogen Refueling Infrastructure in Developed Economies
5.4.3 Opportunities
5.4.3.1 Development of Low Weight Storage Tank for Transportation Application
5.4.3.2 Development of New Applications for Hydrogen Powered Fuel Cells
5.4.4 Challenges
5.4.4.1 Already Well-Established Infrastructure for Electric Cars

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’S Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry
6.4 Macro Economic Indicators
6.4.1 Chemical Industry Outlook
6.4.2 Fuel Cell Industry

7 Hydrogen Storage Market, by Form of Storage
7.1 Introduction
7.1.1 Physical Form of Hydrogen Storage to Remain Dominant
7.2 Hydrogen Storage Market, by Region
7.2.1 Asia-Pacific
7.3 North America
7.4 Europe
7.5 Middle East & Africa
7.6 Latin America

8 Physical Hydrogen Storage Market, by Type of Storage
8.1 Introduction
8.2 Physical Hydrogen Storage Market, by Type of Storage, 2015
8.3 Asia-Pacific Market for Physical Hydrogen Storage, by Type of Storage
8.3.1 China Market for Physical Hydrogen Storage, by Type of Storage
8.4 North American Market for Hydrogen Storage, by Type of Storage
8.4.1 U.S. Market for Physical Hydrogen Storage, by Type of Storage
8.5 European Market for Hydrogen Storage, by Type of Storage
8.5.1 Russia Market for Physical Hydrogen Storage, by Type of Storage
8.6 Middle East & African Market for Hydrogen Storage, by Type of Storage
8.6.1 Saudi Arabia Market for Physical Hydrogen Storage, by Type of Storage
8.7 Latin American Market for Hydrogen Storage, by Type of Storage
8.7.1 Brazil Market for Physical Hydrogen Storage, by Type of Storage

9 Physical Hydrogen Storage Market, by End-Use Application
9.1 Introduction
9.2 Chemicals
9.3 Metal Working
9.4 General Industrial
9.5 Transportation

10 Physical Hydrogen Storage Market, by Region
10.1 Introduction
10.2 Physical Hydrogen Storage Market, by Region
10.3 Asia-Pacific
10.3.1 China
10.3.2 India
10.3.3 South Korea
10.3.4 Japan
10.3.5 Indonesia
10.3.6 Singapore
10.3.7 Rest of Asia-Pacific
10.4 North America
10.4.1 U.S.
10.4.2 Canada
10.4.3 Mexico
10.5 Europe
10.5.1 Russia
10.5.2 Ukraine
10.5.3 Germany
10.5.4 France
10.5.5 Netherlands
10.5.6 Italy
10.5.7 Poland
10.5.8 U.K.
10.5.9 Rest of Europe
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 Kuwait
10.6.3 Oman
10.6.4 Rest of Middle East & Africa
10.7 Latin America
10.7.1 Brazil
10.7.2 Rest of Latin America

11 Competitive Landscape
11.1 Overview
11.1.1 Market Share Analysis of Leading Players in Hydrogen Storage Market in 2015
11.1.2 Partnerships & Agreements
11.1.3 Expansions
11.1.4 New Product Launches
11.1.5 Mergers and Acquisitions
11.1.6 Joint Ventures

12 Company Profiles
12.1 Introduction
12.2 Air Liquide
12.3 Linde AG
12.4 Praxair Inc.
12.5 Worthington Industries Inc.
12.6 Luxfer Holdings Plc
12.7 Mcphy Energy S.A.
12.8 Hexagon Composites ASA
12.9 HBank Technologies Inc.
12.10 Inoxcva
12.11 VRV S.P.A

List of Tables
Table 1 Hydrogen Storage Market, by Form of Storage
Table 2 Physical Hydrogen Storage Market, by Type of Storage
Table 3 Physical Hydrogen Storage Market, by End-Use Application
Table 4 Commercially Available Hydrogen Powered Fuel Cell Vehicles
Table 5 Hydrogen Storage Market Size, by Form of Storage, 2014–2026 (USD Million)
Table 6 Asia-Pacific: Hydrogen Storage Market Size, by Form of Storage, 2014–2026 (USD Million)
Table 7 North America: Hydrogen Storage Market Size, by Form of Storage, 2014–2026 (USD Million)
Table 8 Europe: Hydrogen Storage Market Size, by Form of Storage, 2014–2026 (USD Million)
Table 9 Middle East & Africa: Hydrogen Storage Market Size, by Form of Storage, 2014–2026 (USD Million)
Table 10 Latin America: Hydrogen Storage Market Size, by Form of Storage, 2014–2026 (USD Million)
Table 11 Physical Hydrogen Storage Market Size, by Type of Storage, 2014-2026 (USD Million)
Table 12 Asia-Pacific: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 13 China: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 14 North America: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 15 U.S.: Physical Hydrogen Storage Market Size, by Type of Storage, 2014–2026 (USD Million)
Table 16 Europe: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 17 Russia: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 18 Middle East & Africa: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 19 Saudi Arabia.: Physical Hydrogen Storage Market Size, by Type of Storage, 2014–2026 (USD Million)
Table 20 Latin America: Physical Hydrogen Storage Market Size, by Type of Storage , 2014–2026 (USD Million)
Table 21 Brazil: Physical Hydrogen Storage Market Size, by Type of Storage, 2014–2026 (USD Million)
Table 22 Physical Hydrogen Storage: Breakdown of End-Use Applications
Table 23 Physical Hydrogen Storage Market Size, by End-Use Application, 2014-2026 (USD Million)
Table 24 Physical Hydrogen Storage Market Size in Chemicals, by Region, 2014–2026 (USD Million)
Table 25 Physical Hydrogen Storage Market Size in Oil Refineries, by Region, 2014–2026 (USD Million)
Table 26 Physical Hydrogen Storage Market Size in Metal Working, by Region, 2014–2026 (USD Million)
Table 27 Physical Hydrogen Storage Market Size in General Industrial, by Region, 2014–2026 (USD Million)
Table 28 Physical Hydrogen Storage Market Size in Transportation, by Region, 2014–2026 (USD Million)
Table 29 Physicial Hydrogen Storage Market Size, by Region, 2014-2026 (USD Million)
Table 30 Asia-Pacific: Physical Hydrogen Storage Market Size, by Country, 2014–2026 (USD Million)
Table 31 Asia-Pacific: Physical Hydrogen Storage Market Size, by End-Use Application, 2014-2026 (USD Million)
Table 32 China: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 33 India: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 34 South Korea: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 35 Japan: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 36 Indonesia: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 37 Singapore: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 38 Rest of Asia-Pacific: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 39 North America: Physical Hydrogen Storage Market Size, by Country, 2014–2026 (USD Million)
Table 40 North America: Physical Hydrogen Storage Market Size, by End-Use Application, 2014-2026 (USD Million)
Table 41 U.S.: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 42 Canada: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 43 Mexico: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 44 Europe: Physical Hydrogen Storage Market Size, by Country, 2014–2026 (USD Million)
Table 45 Europe: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 46 Russia: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 47 Ukraine: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 48 Germany: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 49 France: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 50 Netherlands: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 51 Italy: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 52 Poland: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 53 U.K.: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 54 Rest of Europe: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 55 Middle East & Africa: Physical Hydrogen Storage Market Size, by Country, 2014–2026 (USD Million)
Table 56 Middle East & Africa: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 57 Saudi Arabia: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 58 Kuwait: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 59 Oman: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 60 Rest of Middle East & Africa: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 61 Latin America: Physical Hydrogen Storage Market Size, by Country, 2014–2026 (USD Million)
Table 62 Latin America: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 63 Brazil: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 64 Rest of Latin America: Physical Hydrogen Storage Market Size, by End-Use Application, 2014–2026 (USD Million)
Table 65 Partnerships & Agreements, 2012–2016
Table 66 Expansions, 2012–2016
Table 67 New Product Launches, 2012–2016
Table 68 Mergers and Acquisitions, 2012-2016
Table 69 Joint Ventures, 2012-2016

List of Figures
Figure 1 Hydrogen Storage Market: Research Design
Figure 2 Key Insights
Figure 3 Breakdown of Primary Interviews: by Company Type, Designation and Region
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Hydrogen Storage Market: Data Triangulation
Figure 7 Transportation End-Use Application to Grow Fastest During Forecast Period (2016-2021)
Figure 8 Material Based Form of Hydrogen Storage Dominant in Europe Region in 2015
Figure 9 Latin American Market is Projected to Register Highest CAGR During Forecast Period
Figure 10 Asia-Pacific to Be Largest Market for Physical Hydrogen Storage, by Value, Between 2016 and 2021
Figure 11 Transportation End-Use Application is Expected to Drive the Market Between 2016 and 2021
Figure 12 Physical Hydrogen Storage Market Growth, by Region (2016–2021)
Figure 13 China Accounted for Largest Share of Physical Hydrogen Storage Market in Asia-Pacific in 2015
Figure 14 Latin America to Be Fastest-Growing Market Between 2016 and 2021
Figure 15 Overview of Factors Governing Hydrogen Storage Market
Figure 16 Value Chain Analysis for Hydrogen Storage
Figure 17 Porter’s Five Forces Analysis
Figure 18 Global Chemical Industry Growth Rate, by Region, 2015
Figure 19 Fuel Cell Industry, by Region of Manufacture, 2015
Figure 20 Physical Hydrogen Storage to Witness Rapid Growth (2016–2021)
Figure 21 On-Site Storage to Remain Dominant Among Oil Producing Regions Between 2016 and 2021
Figure 22 Onboard Hydrogen Storage Market to Register Highest Growth During Forecast Period (2016-2021)
Figure 23 Physical Hydrogen Storage Market End-Use Application Split by Region , 2015, by Value
Figure 24 Regional Snapshot (2016–2021): Asia-Pacific and Middle East & Africa are Emerging as Strategic Locations
Figure 25 Key Growth Strategies Adopted by Companies Between 2012 and 2016
Figure 26 Partnerships & Agreements: Most Adopted Growth Strategies
Figure 27 Regional Revenue Mix of Top Five Market Players
Figure 28 Air Liquide: Company Snapshot
Figure 29 Air Liquide: SWOT Analysis
Figure 30 Linde AG: Company Snapshot
Figure 31 Linde AG: SWOT Analysis
Figure 32 Praxair, Inc.: Company Snapshot
Figure 33 Praxair, Inc.: SWOT Analysis
Figure 34 Worthington Industries, Inc.: Company Snapshot
Figure 35 Worthington Industries Inc.: SWOT Analysis
Figure 36 Luxfer Holdings Plc: Company Snapshot
Figure 37 Luxfer Holdings Plc: SWOT Analysis
Figure 38 Mcphy Energy S.A.: Company Snapshot
Figure 39 Hexagon Composites ASA: Company Snapshot
Figure 40 VRV S.P.A: Company Snapshot
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  • Air Liquide
  • HBank Technologies Inc.
  • Hexagon Composites ASA
  • Inoxcva
  • Linde AG
  • Luxfer Holdings Plc
  • Mcphy Energy S.A.
  • Praxair Inc.
  • VRV S.P.A
  • Worthington Industries Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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