Hydrogen Pressure Vessels Market Report 2026

The hydrogen pressure vessels market size has grown strongly in recent years. It will grow from $11.26 billion in 2025 to $12.38 billion in 2026 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to hydrogen storage research, industrial gas cylinder usage, steel vessel dominance, early mobility pilots, safety standard development.

The hydrogen pressure vessels market size is expected to see strong growth in the next few years. It will grow to $18.03 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to hydrogen mobility expansion, renewable hydrogen production growth, cost reduction in composites, infrastructure investment, stricter safety regulations. Major trends in the forecast period include shift toward composite vessel adoption, demand for lightweight high pressure storage, expansion of refueling infrastructure tanks, focus on safety certification compliance, scaling of mass production.

The increasing adoption of hydrogen fuel cell vehicles (FCVs) is expected to propel the growth of the hydrogen pressure vessels market going forward. Hydrogen fuel cell vehicles generate electricity from hydrogen gas through a fuel cell, producing only water as a by-product. Rising adoption of FCVs is driving demand for high-capacity, lightweight, and safe storage solutions for compressed hydrogen, a critical component of hydrogen infrastructure. Hydrogen pressure vessels store compressed hydrogen gas at high pressures, ensuring a reliable fuel supply for the fuel cell system, which converts hydrogen into electricity to power the vehicle while enabling extended driving ranges and supporting zero-emission transportation. For instance, in January 2024, according to the U.S. Department of Energy, plug-in electric vehicles accounted for 9.8% of all light-duty vehicle sales in December 2023, up from 7.8% in December 2022. Throughout 2023, plug-in vehicles consistently made up at least 8% of monthly sales, whereas in 2022 their share ranged between 5.5% and 7.8%. Therefore, the growing adoption of hydrogen fuel cell vehicles is driving the hydrogen pressure vessels market.

Companies in the hydrogen pressure vessels market are focusing on developing high-pressure hydrogen storage vessels to improve storage efficiency. A high-pressure hydrogen storage vessel is designed to safely store hydrogen gas at pressures typically over 350 bar (5,000 psi), allowing for efficient storage and transportation for various uses, including fuel cell vehicles and industrial applications. For example, in September 2024, NPROXX, a Netherlands-based high-pressure hydrogen storage solutions company, introduced the AH710-70 hydrogen storage solution. This advanced high-pressure hydrogen storage vessel is specifically designed for the automotive industry, particularly for heavy-duty vehicles and long-haul trucks. The AH710-70 can store 22.2 kg of usable hydrogen at 700 bars and provides a compact, efficient, and secure solution for hydrogen storage. The vessel has a volume of 553 liters, weighs 338 kg, and is optimized for seamless integration into various vehicle designs, ensuring versatility and performance. The AH710-70 is expected to be commercially available in Q3 2024, addressing the growing demand for reliable hydrogen storage solutions in the automotive sector.

In April 2023, Haydale, a UK-based technology company, partnered with Viritech for an undisclosed amount. The goal of this partnership is to develop the world's most efficient hydrogen storage system using graphene-enhanced carbon fiber for linerless Type V pressure vessels. Viritech is a UK-based company focused on advancing hydrogen solutions.

Major companies operating in the hydrogen pressure vessels market are Worthington Industries, Inc., Luxfer Gas Cylinders Ltd., FIBA Technologies, Inc., NPROXX B.V., Quantum Fuel Systems LLC, ILJIN Hysolus Co., Ltd., BNH Gas Tanks Co., Ltd., Steelhead Composites, Inc., AVANCO Composites, Inc., VAKO GmbH & Co. KG, Hexagon Purus ASA, CIMC Enric Holdings Limited, Mahytec SAS (McPhy Group), Plastic Omnium New Energies SAS (OPmobility SE), Doosan Mobility Innovation Co., Ltd., CP Industries, Inc. (a division of CBI - Chicago Bridge & Iron Company), Sinoma Science & Technology Co., Ltd. (Composite Cylinders Division), Faber Industrie S.p.A., Beijing Tianhai Industry Co., Ltd., Everest Kanto Cylinder Limited, Norris Cylinder Company, Rama Cylinders Private Limited, INOX India Limited, HBank Technologies Inc.

Asia-Pacific was the largest region in the hydrogen pressure vessels market in 2025. The regions covered in the hydrogen pressure vessels market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydrogen pressure vessels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hydrogen pressure vessels market consists of sales of metallic pressure vessels, metal-lined composite pressure vessels, and linerless composite pressure vessels. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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