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Report
Hydrogen Storage: Materials, Technologies and Global Markets
Market Research Report I 2024-06-05 I 125 Pages I BCC Research
Description
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 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
Executive Summary
Summary:
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.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Overview
Porter's Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Potential for New Entrants
Threat of Substitutes
Competition in the Industry
Supply Chain Analysis
Overview
SWOT Analysis
Climate Policies and Regulations
Kyoto Protocol
Carbon Pricing
The Paris Agreement
European Green Deal
EU-2021/535: LHSS and CHSS Storage Systems
ISO 19881:2018
ISO 12619-1:2014
EC 79/2009
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Increasing Use of Electrolyzers for Grid Stabilization
Demand for Sustainable and Low-emission Fuels
Hydrogen Infrastructure
Market Restraints
High Cost of Composite Storage Tanks
Technical Challenges Associated with Hydrogen Storage
Unfair Trade Practices
Market Challenges
Fluctuations in Crude Oil Prices
High Cost of Hydrogen Storage
Market Opportunities
Development of Lightweight Storage Tanks
Adoption of Hydrogen-powered Vehicles
Applications of Hydrogen in Marine, Aviation and Rail Transportation
Chapter 4 Emerging Technologies and Developments
Overview
Use of Nanotechnology in Storage Tanks
Flexible Hydrogen Container
Hydrogen-powered Polymer Electrolyte Membrane Fuel Cells
Ultra-cold Storage Systems for Space Exploration
Hydrogen Clathrates
Baking Soda Solution for Hydrogen Storage
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Market Analysis by End-User Industry
Chemicals
Oil Refining
Metal Processing
Transportation
Other Industries
Market Analysis by Storage Type
Physical Storage
Chemical and Material-based Storage
Geographic Breakdown
Market Analysis by Region
Asia-Pacific
North America
Europe
Middle East and Africa
South America
Chapter 6 Competitive Intelligence
Overview
Chapter 7 Sustainability in the Hydrogen Storage Industry: An ESG Perspective
ESG in the Hydrogen Storage Industry
ESG Practices in the Hydrogen Storage Industry
Future of ESG: Emerging Trends and Opportunities
Concluding Remarks from BCC Research
Chapter 8 Appendix
Methodology
Information Sources
References
Abbreviations Used in the Report
Company Profiles
AD-VENTA
AIR LIQUIDE
CHART INDUSTRIES
CRYOLOR
HBANK TECHNOLOGIES INC.
HEXAGON COMPOSITES ASA
INOX INDIA LTD.
LINDE PLC
LUXFER HOLDINGS PLC
MCPHY ENERGY S.A.
WORTHINGTON ENTERPRISES
List of Tables
Summary Table : Global Market for Hydrogen Storage, by End-User, Through 2028
Table 1 : Global Market for Hydrogen Storage, Through 2028
Table 2 : Carbon Taxes, by Country, 2023
Table 3 : Hydrogen Infrastructure Development Projects, 2021-2024
Table 4 : Global Market for Hydrogen Storage, by Industry, Through 2028
Table 5 : Global Market for Hydrogen Storage in the Chemicals Industry, by Region, Through 2028
Table 6 : Global Market for Hydrogen Storage in Oil Refining, by Region, Through 2028
Table 7 : Global Market for Hydrogen Storage in Metal Processing, by Region, Through 2028
Table 8 : U.S. DOE Targets for Onboard Hydrogen Storage Systems for Light-Duty FCVs, 2020 and 2025
Table 9 : Global Market for Hydrogen Storage in Transportation, by Region, Through 2028
Table 10 : Global Market for Hydrogen Storage in Other Industries, by Region, Through 2028
Table 11 : Global Market for Hydrogen Storage, by Storage Type, Through 2028
Table 12 : Classification of Hydrogen Storage Tanks
Table 13 : Global Market for Hydrogen Storage for Physical Storage, by Region, Through 2028
Table 14 : Parameters of Hydrogen Storage Methods
Table 15 : Hydrogen Storage Technologies
Table 16 : Global Market for Chemical or Material-based Hydrogen Storage, by Region, Through 2028
Table 17 : Global Market for Hydrogen Storage, by Region, Through 2028
Table 18 : Asia-Pacific Market for Hydrogen Storage, by Country, Through 2028
Table 19 : Asia-Pacific Market for Hydrogen Storage, by Industry, Through 2028
Table 20 : Asia-Pacific Market for Hydrogen Storage, by Storage Type, Through 2028
Table 21 : Companies Operating in the APAC Hydrogen Storage Market
Table 22 : North American Market for Hydrogen Storage, by Country, Through 2028
Table 23 : North American Market for Hydrogen Storage, by Industry, Through 2028
Table 24 : North American Market for Hydrogen Storage, by Storage Type, Through 2028
Table 25 : Companies Operating in the North American Hydrogen Storage Market
Table 26 : European Market for Hydrogen Storage, by Country, Through 2028
Table 27 : European Market for Hydrogen Storage, by Industry, Through 2028
Table 28 : European Market for Hydrogen Storage, by Storage Type, Through 2028
Table 29 : Companies Operating in the European Hydrogen Storage Market
Table 30 : MEA Market for Hydrogen Storage, by Country, Through 2028
Table 31 : MEA Market for Hydrogen Storage, by Industry, Through 2028
Table 32 : MEA Market for Hydrogen Storage, by Storage Type, Through 2028
Table 33 : Companies Operating in the MEA Market for Hydrogen Storage
Table 34 : South American Market for Hydrogen Storage, by Country, Through 2028
Table 35 : South American Market for Hydrogen Storage, by Industry, Through 2028
Table 36 : South American Market for Hydrogen Storage, by Storage Type, Through 2028
Table 37 : Companies Operating in the South American Market for Hydrogen Storage
Table 38 : Status of ESG in Green Ammonia Market
Table 39 : ESG Diversity Issues and Responses
Table 40 : ESG Employee Safety and Labor Practices Issues and Responses
Table 41 : ESG Resource Efficiency and Emissions Issues and Responses
Table 42 : ESG Waste Reduction Issues and Responses
Table 43 : ESG Carbon Emission Issues and Responses
Table 44 : Abbreviations Used in This Report
Table 45 : AD-VENTA: Company Snapshot
Table 46 : AD-VENTA: Product Portfolio
Table 47 : Air Liquide: Company Snapshot
Table 48 : Air Liquide: Financial Performance, FY 2022 and 2023
Table 49 : Air Liquide: Product Portfolio
Table 50 : Air Liquide: News/Key Developments, 2023-2024
Table 51 : Chart Industries: Company Snapshot
Table 52 : Chart Industries: Financial Performance, FY 2022 and 2023
Table 53 : Chart Industries: Product Portfolio
Table 54 : Chart Industries: News/Key Developments, 2023-2024
Table 55 : Cryolor: Company Snapshot
Table 56 : Cryolor: Product Portfolio
Table 57 : HBank Technologies Inc.: Company Snapshot
Table 58 : HBank Technologies Inc.: Product Portfolio
Table 59 : Hexagon Composites ASA: Company Snapshot
Table 60 : Hexagon Composites ASA: Financial Performance, FY 2022 and 2023
Table 61 : Hexagon Composites ASA: Product Portfolio
Table 62 : Hexagon Composites ASA: News/Key Developments, 2022-2024
Table 63 : INOX India Ltd.: Company Snapshot
Table 64 : INOX India Ltd.: Financial Performance, FY 2022 and 2023
Table 65 : INOX India Ltd.: Product Portfolio
Table 66 : INOX India Ltd.: News/Key Developments, 2022-2023
Table 67 : Linde plc: Company Snapshot
Table 68 : Linde plc: Financial Performance, FY 2022 and 2023
Table 69 : Linde plc: Product Portfolio
Table 70 : Linde plc: News/Key Developments, 2022-2023
Table 71 : Luxfer Holdings Plc: Company Snapshot
Table 72 : Luxfer Holdings Plc: Financial Performance, FY 2022 and 2023
Table 73 : Luxfer Holdings Plc: Product Portfolio
Table 74 : Luxfer Holdings Plc: News/Key Developments, 2023
Table 75 : McPhy Energy SA: Company Snapshot
Table 76 : McPhy Energy SA: Financial Performance, FY 2022 and 2023
Table 77 : McPhy Energy SA: Product Portfolio
Table 78 : McPhy Energy SA: News/Key Developments, 2023
Table 79 : Worthington Enterprises: Company Snapshot
Table 80 : Worthington Enterprises: Financial Performance, FY 2022 and 2023
Table 81 : Worthington Enterprises: Product Portfolio
Table 82 : Worthington Enterprises: News/Key Developments, 2023-2024
List of Figures
Summary Figure : Global Market for Hydrogen Storage, by End-User, 2022-2028
Figure 1 : Share of Global Hydrogen Demand, by Region/Country, 2022
Figure 2 : Porter's Five Forces Analysis of Global Hydrogen Storage Market
Figure 3 : Supply Chain for Hydrogen Storage Materials and Technologies
Figure 4 : SWOT Analysis of Hydrogen Storage Market
Figure 5 : CO2 Emissions from Fossil Fuels, 2018-2023
Figure 6 : Annual CO2 Emissions Per Capita, by Region, 2021-2023
Figure 7 : Hydrogen Storage Global Market Dynamics
Figure 8 : Trends in Crude Oil Prices, 2020-2023
Figure 9 : Manufacturing Cost Breakdown for Type IV Hydrogen Storage Tanks, 2022
Figure 10 : Share of Global Market for Hydrogen Storage, by Industry, 2022
Figure 11 : Share of Global Market for Hydrogen Storage in the Chemicals Industry, by Region, 2022
Figure 12 : Share of Global Market for Hydrogen Storage in Oil Refining, by Region, 2022
Figure 13 : Share of Global Market for Hydrogen Storage in Metal Processing, by Region, 2022
Figure 14 : Share of Global Market for Hydrogen Storage in Transportation, by Region, 2022
Figure 15 : Share of Global Market for Hydrogen Storage in Other Industries, by Region, 2022
Figure 16 : Hydrogen Storage Types and Materials
Figure 17 : Share of Global Market for Hydrogen Storage, by Storage Type, 2022
Figure 18 : Manufacturing Process for Type III Hydrogen Storage Tanks
Figure 19 : Manufacturing Process for Type IV Hydrogen Storage Tanks
Figure 20 : Share of Global Market for Physical Hydrogen Storage, by Region, 2022
Figure 21 : Share of Global Market for Chemical or Material-based Hydrogen Storage, by Region, 2022
Figure 22 : Share of Global Market for Hydrogen Storage, by Region, 2022
Figure 23 : Share of Asia-Pacific Market for Hydrogen Storage, by Country, 2022
Figure 24 : Share of Asia-Pacific Market for Hydrogen Storage, by Industry, 2022
Figure 25 : Share of Asia-Pacific Market for Hydrogen Storage, by Storage Type, 2022
Figure 26 : Share of North American Market for Hydrogen Storage, by Country, 2022
Figure 27 : Share of North American Market for Hydrogen Storage, by Industry, 2022
Figure 28 : Share of North American Market for Hydrogen Storage, by Storage Type, 2022
Figure 29 : Share of European Market for Hydrogen Storage, by Country, 2022
Figure 30 : Share of European Market for Hydrogen Storage, by Industry, 2022
Figure 31 : Share of European Market for Hydrogen Storage, by Storage Type, 2022
Figure 32 : Share of MEA Market for Hydrogen Storage, by Country, 2022
Figure 33 : Share of MEA Market for Hydrogen Storage, by Industry, 2022
Figure 34 : Share of MEA Market for Hydrogen Storage, by Storage Type, 2022
Figure 35 : Share of South American Market for Hydrogen Storage, by Country, 2022
Figure 36 : Share of South American Market for Hydrogen Storage, by Industry, 2022
Figure 37 : Share of South American Market for Hydrogen Storage, by Storage Type, 2022
Figure 38 : Share of Global Market for Hydrogen Storage, by Company, 2022
Figure 39 : Air Liquide: Revenue Share, by Business Segment, FY 2022
Figure 40 : Air Liquide: Revenue Share, by End-Markets, FY 2022
Figure 41 : Air Liquide: Revenue Share, by Country/Region, FY 2022
Figure 42 : Chart Industries: Revenue Share, by Business Segment, FY 2023
Figure 43 : Chart Industries: Revenue Share, by Country/Region, FY 2023
Figure 44 : Hexagon Composites ASA: Revenue Share, by Business Segment, FY 2023
Figure 45 : Hexagon Composites ASA: Revenue Share, by Country/Region, FY 2023
Figure 46 : INOX India Ltd.: Revenue Share, by Country/Region, FY 2023
Figure 47 : Linde plc: Revenue Share, by Business Unit, FY 2023
Figure 48 : Linde plc: Revenue Share, by Region, FY 2023
Figure 49 : Luxfer Holdings Plc: Revenue Share, by Business Segment, FY 2023
Figure 50 : Luxfer Holdings Plc: Revenue Share, by Country/Region, FY 2023
Figure 51 : McPhy Energy SA: Revenue Share, by Business Segment, FY 2023
Figure 52 : Worthington Enterprises: Revenue Share, by Business Segment, FY 2023
Figure 53 : Worthington Enterprises: Revenue Share, by Country/Region, FY 2023
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