Summary

The global market for Hydrogen Storage was estimated to be worth US$ 1.36 billion in 2024 and is forecast to a readjusted size of US$ 3.11 billion by 2031 with a CAGR of 14.32% during the forecast period 2025-2031.
North American market for Hydrogen Storage was valued at $ 300.68 million in 2024 and will reach $ 662.26 million by 2031, at a CAGR of 13.78% during the forecast period of 2025 through 2031.
Asia-Pacific market for Hydrogen Storage was valued at $ 538.70 million in 2024 and will reach $ 1.27 billion by 2031, at a CAGR of 14.85% during the forecast period of 2025 through 2031.
Europe market for Hydrogen Storage was valued at $ 472.91 million in 2024 and will reach $ 1.06 million by 2031, at a CAGR of 14.05% during the forecast period of 2025 through 2031.

The global key companies of Hydrogen Storage include Hexagon Purus, CIMC Enric, Forvia, Iljin Hysolus, Chart Industries, Kawasaki Heavy Industries, Toyota, Jiangsu Guofu Hydrogen Energy Equipment, and Luxfer, etc. in 2024, the global five largest players hold a share 29.02% in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Storage, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Hydrogen Storage by region & country, by Type, and by Application.
The Hydrogen Storage market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen Storage.

Market Segmentation

By Company
 Hexagon Purus
 CIMC Enric
 Forvia
 Iljin Hysolus
 Chart Industries
 Kawasaki Heavy Industries
 Toyota
 Jiangsu Guofu Hydrogen Energy Equipment
 Luxfer
 Linde
 INOXCVA
 Taylor-Wharton
 Faber Industrie
 Worthington Cylinders
 Calvera Hydrogen
 NPROXX
 Gardner Cryogenics
 Hylium Industries
 Whole Win (Beijing) Materials

Segment by Type
 High-pressure Gaseous Hydrogen Storage
 Cryogenics Liquid Hydrogen Storage
 Solid State Hydrogen Storage
 Others

Segment by Application
 Automotive & Transportation
 Industrial
 Power and Energy
 Others

By Region
 North America
 United States
 Canada
 Mexico

 Asia-Pacific
 China
 Japan
 South Korea
 Southeast Asia
 India
 Rest of Asia-Pacific

 Europe
 Germany
 France
 U.K.
 Italy
 Rest of Europe

 South America
 Brazil
 Rest of South America

 Middle East & Africa

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Hydrogen Storage company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Hydrogen Storage in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Hydrogen Storage in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview 1
1.1 Hydrogen Storage Product Introduction 1
1.2 Global Hydrogen Storage Market Size Forecast (2020-2031) 2
1.3 Hydrogen Storage Market Trends & Drivers 3
1.3.1 Hydrogen Storage Industry Trends 3
1.3.2 Hydrogen Storage Market Drivers & Opportunity 4
1.3.3 Hydrogen Storage Market Restraints 5
1.4 Assumptions and Limitations 5
1.5 Study Objectives 6
1.6 Years Considered 7
2 Competitive Analysis by Company 8
2.1 Global Hydrogen Storage Players Revenue Ranking (2024) 8
2.2 Global Hydrogen Storage Revenue by Company (2020-2025) 9
2.3 Key Companies Hydrogen Storage Manufacturing Base Distribution and Headquarters 11
2.4 Key Companies Hydrogen Storage Product Offered 12
2.5 Hydrogen Storage Market Competitive Analysis 13
2.5.1 Hydrogen Storage Market Concentration Rate (2020-2025) 13
2.5.2 Global 5 and 10 Largest Companies by Hydrogen Storage Revenue in 2024 15
2.5.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Hydrogen Storage as of 2024) 16
2.6 Mergers & Acquisitions, Expansion 17
3 Segmentation by Type 18
3.1 Introduction by Type 18
3.1.1 High-pressure Gaseous Hydrogen Storage 18
3.1.2 Cryogenics Liquid Hydrogen Storage 18
3.1.3 Solid State Hydrogen Storage 19
3.1.4 Others 20
3.2 Global Hydrogen Storage Sales Value by Type 20
3.2.1 Global Hydrogen Storage Sales Value by Type (2020 VS 2024 VS 2031) 21
3.2.2 Global Hydrogen Storage Sales Value, by Type (2020-2031) 22
3.2.3 Global Hydrogen Storage Sales Value, by Type (%) (2020-2031) 23
4 Segmentation by Application 24
4.1 Introduction by Application 24
4.1.1 Automotive & Transportation 24
4.1.2 Industrial 25
4.1.3 Power and Energy 25
4.1.4 Others 26
4.2 Global Hydrogen Storage Sales Value by Application 26
4.2.1 Global Hydrogen Storage Sales Value by Application (2020 VS 2024 VS 2031) 27
4.2.2 Global Hydrogen Storage Sales Value, by Application (2020-2031) 28
4.2.3 Global Hydrogen Storage Sales Value, by Application (%) (2020-2031) 29
5 Segmentation by Region 30
5.1 Global Hydrogen Storage Sales Value by Region 30
5.1.1 Global Hydrogen Storage Sales Value by Region: 2020 VS 2024 VS 2031 30
5.1.2 Global Hydrogen Storage Sales Value by Region (2020-2025) 30
5.1.3 Global Hydrogen Storage Sales Value by Region (2026-2031) 31
5.1.4 Global Hydrogen Storage Sales Value by Region (%), (2020-2031) 31
5.2 North America 32
5.2.1 North America Hydrogen Storage Sales Value, 2020-2031 32
5.2.2 North America Hydrogen Storage Sales Value by Country (%), 2024 VS 2031 33
5.3 Europe 34
5.3.1 Europe Hydrogen Storage Sales Value, 2020-2031 34
5.3.2 Europe Hydrogen Storage Sales Value by Country (%), 2024 VS 2031 35
5.4 Asia Pacific 36
5.4.1 Asia Pacific Hydrogen Storage Sales Value, 2020-2031 36
5.4.2 Asia Pacific Hydrogen Storage Sales Value by Region (%), 2024 VS 2031 37
5.5 South America 38
5.5.1 South America Hydrogen Storage Sales Value, 2020-2031 38
5.5.2 South America Hydrogen Storage Sales Value by Country (%), 2024 VS 2031 39
5.6 Middle East & Africa 40
5.6.1 Middle East & Africa Hydrogen Storage Sales Value, 2020-2031 40
5.6.2 Middle East & Africa Hydrogen Storage Sales Value by Country (%), 2024 VS 2031 41
6 Segmentation by Key Countries/Regions 42
6.1 Key Countries/Regions Hydrogen Storage Sales Value Growth Trends, 2020 VS 2024 VS 2031 42
6.2 Key Countries/Regions Hydrogen Storage Sales Value, 2020-2031 43
6.3 United States 46
6.3.1 United States Hydrogen Storage Sales Value, 2020-2031 46
6.3.2 United States Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 47
6.3.3 United States Hydrogen Storage Sales Value by Application, 2024 VS 2031 48
6.4 Europe 49
6.4.1 Europe Hydrogen Storage Sales Value, 2020-2031 49
6.4.2 Europe Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 50
6.4.3 Europe Hydrogen Storage Sales Value by Application, 2024 VS 2031 51
6.5 China 52
6.5.1 China Hydrogen Storage Sales Value, 2020-2031 52
6.5.2 China Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 53
6.5.3 China Hydrogen Storage Sales Value by Application, 2024 VS 2031 54
6.6 Japan 55
6.6.1 Japan Hydrogen Storage Sales Value, 2020-2031 55
6.6.2 Japan Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 56
6.6.3 Japan Hydrogen Storage Sales Value by Application, 2024 VS 2031 57
6.7 South Korea 58
6.7.1 South Korea Hydrogen Storage Sales Value, 2020-2031 58
6.7.2 South Korea Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 59
6.7.3 South Korea Hydrogen Storage Sales Value by Application, 2024 VS 2031 60
6.8 Southeast Asia 61
6.8.1 Southeast Asia Hydrogen Storage Sales Value, 2020-2031 61
6.8.2 Southeast Asia Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 62
6.8.3 Southeast Asia Hydrogen Storage Sales Value by Application, 2024 VS 2031 63
6.9 India 64
6.9.1 India Hydrogen Storage Sales Value, 2020-2031 64
6.9.2 India Hydrogen Storage Sales Value by Type (%), 2024 VS 2031 65
6.9.3 India Hydrogen Storage Sales Value by Application, 2024 VS 2031 66
7 Company Profiles 67
7.1 Hexagon Purus 67
7.1.1 Hexagon Purus Profile 67
7.1.2 Hexagon Purus Main Business 67
7.1.3 Hexagon Purus Hydrogen Storage Products, Services and Solutions 68
7.1.4 Hexagon Purus Hydrogen Storage Revenue (US$ million) & (2020-2025) 69
7.1.5 Hexagon Purus Recent Developments 69
7.2 CIMC Enric 70
7.2.1 CIMC Enric Profile 70
7.2.2 CIMC Enric Main Business 70
7.2.3 CIMC Enric Hydrogen Storage Products, Services and Solutions 71
7.2.4 CIMC Enric Hydrogen Storage Revenue (US$ million) & (2020-2025) 71
7.2.5 CIMC Enric Recent Developments 72
7.3 Forvia 72
7.3.1 Forvia Profile 72
7.3.2 Forvia Main Business 72
7.3.3 Forvia Hydrogen Storage Products, Services and Solutions 73
7.3.4 Forvia Hydrogen Storage Revenue (US$ million) & (2020-2025) 74
7.4 Iljin Hysolus 74
7.4.1 Iljin Hysolus Profile 74
7.4.2 Iljin Hysolus Main Business 75
7.4.3 Iljin Hysolus Hydrogen Storage Products, Services and Solutions 75
7.4.4 Iljin Hysolus Hydrogen Storage Revenue (US$ million) & (2020-2025) 76
7.5 Chart Industries 76
7.5.1 Chart Industries Profile 76
7.5.2 Chart Industries Main Business 77
7.5.3 Chart Industries Hydrogen Storage Products, Services and Solutions 77
7.5.4 Chart Industries Hydrogen Storage Revenue (US$ million) & (2020-2025) 78
7.5.5 Chart Industries Recent Developments 78
7.6 Kawasaki Heavy Industries 79
7.6.1 Kawasaki Heavy Industries Profile 79
7.6.2 Kawasaki Heavy Industries Main Business 79
7.6.3 Kawasaki Heavy Industries Hydrogen Storage Products, Services and Solutions 80
7.6.4 Kawasaki Heavy Industries Hydrogen Storage Revenue (US$ million) & (2020-2025) 80
7.7 Toyota 80
7.7.1 Toyota Profile 81
7.7.2 Toyota Main Business 81
7.7.3 Toyota Hydrogen Storage Products, Services and Solutions 81
7.7.4 Toyota Hydrogen Storage Revenue (US$ million) & (2020-2025) 82
7.8 Jiangsu Guofu Hydrogen Energy Equipment 83
7.8.1 Jiangsu Guofu Hydrogen Energy Equipment Profile 83
7.8.2 Jiangsu Guofu Hydrogen Energy Equipment Main Business 83
7.8.3 Jiangsu Guofu Hydrogen Energy Equipment Hydrogen Storage Products, Services and Solutions 84
7.8.4 Jiangsu Guofu Hydrogen Energy Equipment Hydrogen Storage Revenue (US$ million) & (2020-2025) 85
7.8.5 Jiangsu Guofu Hydrogen Energy Equipment Recent Developments 85
7.9 Luxfer 86
7.9.1 Luxfer Profile 86
7.9.2 Luxfer Main Business 86
7.9.3 Luxfer Hydrogen Storage Products, Services and Solutions 87
7.9.4 Luxfer Hydrogen Storage Revenue (US$ million) & (2020-2025) 87
7.9.5 Luxfer Recent Developments 87
7.10 Linde 88
7.10.1 Linde Profile 88
7.10.2 Linde Main Business 88
7.10.3 Linde Hydrogen Storage Products, Services and Solutions 89
7.10.4 Linde Hydrogen Storage Revenue (US$ million) & (2020-2025) 89
7.10.5 Linde Recent Developments 90
7.11 INOXCVA 90
7.11.1 INOXCVA Profile 90
7.11.2 INOXCVA Main Business 90
7.11.3 INOXCVA Hydrogen Storage Products, Services and Solutions 91
7.11.4 INOXCVA Hydrogen Storage Revenue (US$ million) & (2020-2025) 91
7.12 Taylor-Wharton 91
7.12.1 Taylor-Wharton Profile 92
7.12.2 Taylor-Wharton Main Business 92
7.12.3 Taylor-Wharton Hydrogen Storage Products, Services and Solutions 92
7.12.4 Taylor-Wharton Hydrogen Storage Revenue (US$ million) & (2020-2025) 93
7.13 Faber Industrie 93
7.13.1 Faber Industrie Profile 94
7.13.2 Faber Industrie Main Business 94
7.13.3 Faber Industrie Hydrogen Storage Products, Services and Solutions 94
7.13.4 Faber Industrie Hydrogen Storage Revenue (US$ million) & (2020-2025) 95
7.14 Worthington Cylinders 95
7.14.1 Worthington Cylinders Profile 95
7.14.2 Worthington Cylinders Main Business 96
7.14.3 Worthington Cylinders Hydrogen Storage Products, Services and Solutions 96
7.14.4 Worthington Cylinders Hydrogen Storage Revenue (US$ million) & (2020-2025) 97
7.15 Calvera Hydrogen 97
7.15.1 Calvera Hydrogen Profile 97
7.15.2 Calvera Hydrogen Main Business 98
7.15.3 Calvera Hydrogen Hydrogen Storage Products, Services and Solutions 98
7.15.4 Calvera Hydrogen Hydrogen Storage Revenue (US$ million) & (2020-2025) 98
7.16 NPROXX 99
7.16.1 NPROXX Profile 99
7.16.2 NPROXX Main Business 99
7.16.3 NPROXX Hydrogen Storage Products, Services and Solutions 100
7.16.4 NPROXX Hydrogen Storage Revenue (US$ million) & (2020-2025) 100
7.17 Gardner Cryogenics 100
7.17.1 Gardner Cryogenics Profile 101
7.17.2 Gardner Cryogenics Main Business 101
7.17.3 Gardner Cryogenics Hydrogen Storage Products, Services and Solutions 101
7.17.4 Gardner Cryogenics Hydrogen Storage Revenue (US$ million) & (2020-2025) 102
7.18 Hylium Industries 102
7.18.1 Hylium Industries Profile 102
7.18.2 Hylium Industries Main Business 103
7.18.3 Hylium Industries Hydrogen Storage Products, Services and Solutions 103
7.18.4 Hylium Industries Hydrogen Storage Revenue (US$ million) & (2020-2025) 104
7.19 Whole Win (Beijing) Materials 104
7.19.1 Whole Win (Beijing) Materials Profile 104
7.19.2 Whole Win (Beijing) Materials Main Business 105
7.19.3 Whole Win (Beijing) Materials Hydrogen Storage Products, Services and Solutions 105
7.19.4 Whole Win (Beijing) Materials Hydrogen Storage Revenue (US$ million) & (2020-2025) 105
8 Industry Chain Analysis 106
8.1 Hydrogen Storage Industrial Chain 106
8.2 Hydrogen Storage Upstream Analysis 106
8.2.1 Key Raw Materials 106
8.2.2 Raw Materials Key Suppliers 107
8.2.3 Manufacturing Cost Structure 108
8.3 Midstream Analysis 108
8.4 Downstream Analysis (Customers Analysis) 109
8.5 Sales Model and Sales Channels 109
8.5.1 Hydrogen Storage Sales Model 109
8.5.2 Sales Channel 110
8.5.3 Hydrogen Storage Distributors 110
9 Research Findings and Conclusion 111
10 Appendix 113
10.1 Research Methodology 113
10.1.1 Methodology/Research Approach 113
10.1.2 Data Source 116
10.2 Author Details 119
10.3 Disclaimer 120