Hydrogen Storage - Global Strategic Business Report

Global Hydrogen Storage Market to Reach $1.4 Billion by 2030

The global market for Hydrogen Storage estimated at US$832.9 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Physical, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$861.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Material-Based segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $250.8 Million, While China is Forecast to Grow at 6.3% CAGR

The Hydrogen Storage market in the U.S. is estimated at US$250.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$242.6 Million by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Select Competitors (Total 17 Featured) -

• Air Liquide SA
• Hbank Technologies Inc.
• Hexagon Composites ASA
• INOXCVA
• Linde AG
• Luxfer Holdings Plc
• McPhy Energy SA
• Praxair, Inc.
• Vrv S.P.A
• Worthington Industries, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year