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Hydrogen Storage Materials Market

Hydrogen Storage Market Analysis – By Storage (Physical Storage, Liquid Hydrogen for Space Exploration), By End User (Chemical Industry, Oil Refining Industry), By Application (Stationary Power, Portable Power) and By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Size, Share, Growth and Global Forecast to 2021

  • ID : 753726285  |  
  • Published : Aug-2017  |  
  • Region : Global  |  
  • Pages : 163   |  
  • Publisher : BCC Research

Hydrogen Storage Market Size

According to the research report, The Global Hydrogen Storage Market Size should reach nearly USD 5.4 billion by 2021 from USD 3.6 billion in 2016 growing at a compound annual growth rate (CAGR) of 8.1% from 2016 to 2021.

Hydrogen Storage Market Overview:

Hydrogen storage is an important technology from the point of view of the successful commercialization of vehicles using hydrogen as a fuel and its acceptance on the market. As a result, the growing market for hydrogen-based vehicles is expected to boost demand in the hydrogen market. However, a major technical obstacle is to load adequate quantities of hydrogen on board in different types of vehicles, meeting all the needs of the user like safety, cost, performance of the vehicle and driving without leaving room for passengers has been a big challenge as it could be a restriction for the hydrogen storage market in the future.

Hydrogen Storage Market Drivers and Restraints:

There is a growing trend in global demand for energy supply, which could be met with hydrogen as fuel. This in turn would require the hydrogen storage infrastructure, which would stimulate the hydrogen storage market. It is expected that the trend to harvest renewable energy from hydrogen in recent times, coupled with growing demand for energy production and use will boost the hydrogen storage market. It is expected that the growing demand for energy and subsequent hydrogen demand as a fuel to partially meet energy needs in the future will drive the hydrogen storage market in forecasted years. However, as the costs of hydrogen production increase as a result, the hydrogen storage market may be hindered.

Hydrogen Storage Market Regional Analysis:

Regionally, the hydrogen storage market is led by North America. The adoption of the advanced technology in introducing various techniques for storing the gas and also rise in the investments of the government is ascribed to bolster the demand of the market in this region

Hydrogen Storage Market Key Players:

  • Panasonic
  • Toshiba
  • General Motors
  • H2ME
  • Air Liquide
  • Linde AG
  • Praxair Inc.
  • INOXCVA
  • VRV S.p.A
  • Hexagon Composites ASA

Hydrogen Storage Market-Detailed Segmentation

Hydrogen Storage Market-By Storage:

  • Physical Storage
  • Liquid Hydrogen for Space Exploration
  • Underground Hydrogen
  • Chemical or Material
  • Nanoconfinement
  • Liquid Organic Hydrogen Carriers

Hydrogen Storage Market-By End User:

  • Chemical Industry
  • Oil Refining Industry
  • Metal Processing Industry
  • Transportation and Mobility Sector

Hydrogen Storage Market-By Application:

  • Stationary Power
  • Portable Power
  • Transportation

Hydrogen Storage Market-By Geographical Segmentation:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Hydrogen Storage Market - Research Objectives

  • To explain the definition and scope of the research study based on crop type, form, mode of application and region.
  • Estimate the current market size and forecast the same for 2017 to 2022
  • Market size breakdown for each of the segments and regions analysed
  • Insights on the major market dynamics (drivers, restraints & opportunities) and their impact analysis for the analysis period
  • Micro and macro level analysis of the market to elucidate eminent investment opportunities
  • Porter’s Five forces analysis to deliver a comprehensive buyer-seller scenario and the state of the business environment
  • Identification of the Agricultural Micronutrients Market trends in current scenario as well as growth indicators
  • Benchmarking leading vendors in the Agricultural Micronutrients Industry based on their strategic attempts, financial status, and other internal and external parameters

** Our research team can customize this research report as per your needs/queries. Please write your thoughts to sales@researchcosmos.com

Table of Contents

Chapter 1: Introduction - 1

Study Goals and Objectives- 1

Reasons for Doing This Study - 1

Scope of Report - 1

Information Sources - 2

Methodology - 3

Geographic Breakdown - 3

Analyst's Credentials - 8

Related Research Cosmos Reports- 8

Chapter 2: Summary and Highlights - 10

Chapter 3: Market and Technology Background - 14

Need for Energy Storage - 14

China - 16

India - 16

Hydrogen as an Energy Source and Hydrogen Storage - 17

Hydrogen as an Alternative Fuel - 17

Benefits of Hydrogen as a Fuel - 17

Hydrogen Storage - 17

Evolution of the Hydrogen Storage Market - 18

Various Storage Types - 19

Physical Storage - 19

Material-based Storage - 20

New Developments in the Hydrogen Storage Space - 20

Growing Use of Electrolyzers - 21

Hydrogen-powered Polymer Electrolyte Membrane Fuel Cells - 21

Compact Mobile Hydrogen Carrier - 21

Zero Emission Hydrogen Train - 21

Expansion of Hydrogen Fuel Cell-powered Automobiles - 22

Nanotechnology in Hydrogen Storage - 22

Liquid Organic Hydrogen Carriers (LOHC) - 22

Various Stakeholders in the Hydrogen Storage Materials and Technologies Market - 23

Hydrogen Production, Fuel Cell and Hydrogen Storage Materials and Technology Providers - 24

Manufacturers of Industrial Gases and Related Products - 25

Metal and Advanced Material Manufacturers - 26

Others, including Storage (such as High-pressure Cylinder) Suppliers and Manufacturers - 27

Growth Forecast of the Hydrogen Storage Materials and Technologies Market - 27

Major Market Forces - 29

Government Regulations and Stringent Environmental Standards for Cleaner Fuel - 29

Growing Demand for Transportation Fuels - 30

Increase in Oil Consumption and its Declining Availability - 30

Growing Knowledge of Impact of Crude Oil on Environment - 30

Growing Urbanization and Growth in Disposable Income - 31

Key Strategies in the Hydrogen Storage Materials and Technologies Market - 32

Mergers and Acquisitions - 33

Partnerships at Peer Level - 34

Strategic Alliances, Joint Ventures and Partnerships - 35

Geographic Expansion - 36

Financing and Funding/Investments - 37

Chapter 4: Market Breakdown by Storage Type- 40

Physical Storage - 44

Liquid Hydrogen for Space Exploration - 45

Underground Hydrogen Storage- 46

Chemical or Material-based Storage - 46

Nanoconfinement- 48

Liquid Organic Hydrogen Carriers (LOHC) -48

Chapter 5: Market Breakdown by End User - 51

Chemical Industry- 54

Oil Refining Industry- 56

Metal Processing Industry - 57

Transportation and Mobility Sector - 59

Chapter 6: Market Breakdown by Application -63

Stationary Power- 66

Portable Power - 68

Transportation -69

Chapter 7: Market Breakdown by Region -74

Asia Pacific -78

China -93

Japan -96

South Korea -97

Australia -99

India -101

North America - 104

The U.S- 118

Canada - 120

Europe - 122

Germany - 136

The U.K. - 139

France - 141

Italy - 142

Middle East and Africa (MEA) - 143

Hydrogen South Africa (HySA)-145

South America -145

Chapter 8: Patent Review, New Development - 148

Chapter 9: Industry Structure - 151

Overview - 151

Competition among Existing Players - 152

Threat of New Entrants - 152

Key Trends in the Global Hydrogen Storage Materials and Technologies Market - 152

Continued Strong Growth of APAC Region - 152

Transportation Segment to Be the Strongest Growing Segment- 153

Continued Partnership between Companies and Research Institutions - 153

New Developments and Innovation in the Market - 153

Entrance of New Companies to Continue - 154

Venture Capital Funding and Investments - 154

Industry Challenges and Concerns - 155

Low Knowledge of Hydrogen Economy and Storage in Certain Regions - 156

High Price of Hydrogen Fuel Cell Cars and Hence Their Limited Acceptance - 156

Hydrogen Storage and Portability Issues - 157

Slow Economic Development - 157

Chapter 10: Company Profiles - 159

About Research Cosmos - 177

About Research Cosmos- 178

Research Cosmos Membership - 178

Research Cosmos Custom Research - 178

List of Tables

Summary Table Global Market for Hydrogen Storage: Materials and Technologies, by Storage Type,

Through 2021 ($ Millions) - 11

Table 1 Global Net Electricity Generation by Energy Source, 2012-2040 (Trillion Kilowatt Hours/kWh) 15

Table 2 Some Key Companies in the Global Hydrogen Storage Materials and Technologies Market- 23

Table 3 Key Hydrogen Production, Fuel Cell and Hydrogen Storage Materials and Technology Providers

- 25

Table 4 Key Providers of Industrial Gases and Related Products - 26

Table 5 Key Metal and Advanced Material Manufacturers - 26

Table 6 Key Storage Suppliers, Manufacturers and Other Players in the Hydrogen Storage Materials and

Technologies Market - 27

Table 7 Global Market for Hydrogen Storage Materials and Technologies, Through 2021 ($ Millions) ... 28

Table 8 Market Drivers and Their Impact on the Global Market for Hydrogen Storage Materials and

Technologies - 31

Table 9 Global Market for Hydrogen Storage Materials and Technologies by Market Drivers and Region

- 32

Table 10 Recent Key Acquisitions in the Hydrogen Storage Materials and Technologies Market - 33

Table 11 Key Partnerships at Peer Level in the Hydrogen Storage Materials and Technologies Market .. 34

Table 12 Key Partnerships among Different Stakeholders in the Hydrogen Storage Materials and

Technologies Market - 35

Table 13 Key Funding and Investment Activity in the Hydrogen Storage Materials and Technologies

Market - 37

Table 14 Global Market for Hydrogen Storage Materials and Technologies, by Storage Type, Through

2021 ($ Millions) - 40

Table 15 Global Market for Physical Storage, Through 2021 ($ Millions/%) - 44

Table 16 Global Market for Chemical or Material-based Storage, Through 2021 ($ Millions/ %) - 47

Table 17 Key Companies in the Chemical or Material-based Storage Space - 48

Table 18 Global Market for Hydrogen Storage Materials and Technologies, by End User, Through 2021

($ Millions) - 52

Table 19 Global Market for Hydrogen Storage Materials and Technologies in the Chemical Industry,

Through 2021 ($ Millions/%) -55

Table 20 Global Market for Hydrogen Storage Materials and Technologies in Oil Refining, Through 2021

($ Millions/%) - 56

Table 21 Global Market for Hydrogen Storage Materials and Technologies in Metal Processing, Through

2021 ($ Millions/%) - 58

Table 22 Global Market for Hydrogen Storage Materials and Technologies in Transportation and

Mobility, Through 2021 ($ Millions/%) - 59

Table 23 Global Market for Hydrogen Storage Materials and Technologies, by Application, Through 2021

($ Millions) - 63

Table 24 Global Market for Hydrogen Storage Materials and Technologies in Stationary Power, Through

2021 ($ Millions/%) - 67

Table 25 Global Market for Hydrogen Storage Materials and Technologies in Portable Power, Through

2021 ($ Millions/%) - 68

Table 26 Global Market for Hydrogen Storage: Materials and Technologies in Transportation, Through

2021 ($ Millions/%) - 70

Table 27 Application Segments and their Current Growth and Attractiveness in the Global Market for

Hydrogen Storage Materials and Technologies - 72

Table 28 Global Market for Hydrogen Storage Materials and Technologies, by Region, Through 2021

($ Millions) - 74

Table 29 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2015-2021

(%) - 76

Table 30 APAC Market for Hydrogen Storage Materials and Technologies, by Country, Through 2021

($ Millions) - 79

Table 31 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2015-2021

(%) - 80

Table 32 APAC Market for Hydrogen Storage Materials and Technologies, by Storage Type, Through

2021 ($ Millions) - 82

Table 33 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015-

2021 (%) - 83

Table 34 APAC Market for Hydrogen Storage Materials and Technologies, by Application, Through 2021

($ Millions) - 86

Table 35 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2015-

2021 (%) - 87

Table 36 APAC Market for Hydrogen Storage Materials and Technologies, by End User, Through 2021 ($

Millions) - 89

Table 37 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2015-2021

(%) - 90

Table 38 The China Market for Hydrogen Storage Materials and Technologies, Through 2021

($ Millions/%) - 93

Table 39 The Japan Market for Hydrogen Storage Materials and Technologies, Through 2021

($ Millions/%) - 96

Table 40 The South Korea Market for Hydrogen Storage Materials and Technologies, Through 2021

($ Millions/%) - 98

Table 41 The Australia Market for Hydrogen Storage Materials and Technologies, Through 2021

($ Millions/%) - 100

Table 42 The India Market for Hydrogen Storage Materials and Technologies, Through 2021

($ Millions/%) - 102

Table 43 The North America Market for Hydrogen Storage Materials and Technologies, by Country,

Through 2021 ($ Millions) - 104

Table 44 The North America Market for Hydrogen Storage Materials and Technologies, by Country,

2015-2021 (%) - 105

List of Figures

Summary Figure: Global Market for Hydrogen Storage: Materials and Technologies, by Storage Type,

2015-2021 ($ Millions) - 11

Figure 1 Global Net Electricity Generation by Energy Source, 2012-2040 (Trillion kilowatt hours/kWh)

- 15

Figure 2 Global Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions) - 28

Figure 3 Global Market for Hydrogen Storage Materials and Technologies, by Storage Type, 2015-2021

($ Millions) - 41

Figure 4 Global Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015

(%) - 42

Figure 5 Global Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2016

(%) - 43

Figure 6 Global Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2021

(%) - 43

Figure 7 Global Market for Physical Storage, 2015-2021 ($ Millions/%) - 45

Figure 8 Global Market for Chemical or Material-based Storage, 2015-2021 ($ Millions/%) - 47

Figure 9 Global Market for Hydrogen Storage Materials and Technologies, by End User, 2015-2021 ($

Millions) - 52

Figure 10 Global Market Share for Hydrogen Storage Materials and Technologies, by End User, 2015 (%)

- 53

Figure 11 Global Market Share for Hydrogen Storage Materials and Technologies, by End User, 2016 (%)

- 53

Figure 12 Global Market Share for Hydrogen Storage Materials and Technologies, by End User, 2021 (%)

- 54

Figure 13 Global Market for Hydrogen Storage Materials and Technologies in Chemical Industry, 2015-

2021 ($ Millions/%) - 55

Figure 14 Global Market for Hydrogen Storage Materials and Technologies in Oil Refining, 2015-2021

($ Millions/%) - 57

Figure 15 Global Market for Hydrogen Storage Materials and Technologies in Metal Processing, 2015-

2021 ($ Millions/%) - 58

Figure 16 Global Market for Hydrogen Storage Materials and Technologies in Transportation and

Mobility, 2015-2021 ($ Millions/%) - 61

Figure 17 Global Market for Hydrogen Storage Materials and Technologies, by Application, 2015-2021

($ Millions) - 64

Figure 18 Global Market Share for Hydrogen Storage Materials and Technologies, by Application, 2015

(%) - 64

Figure 19 Global Market Share for Hydrogen Storage Materials and Technologies, by Application, 2016

(%) - 65

Figure 20 Global Market Share for Hydrogen Storage Materials and Technologies, by Application, 2021

(%) - 66

Figure 21 Global Market for Hydrogen Storage Materials and Technologies in Stationary Power, 2015-

2021 ($ Millions/%) - 67

Figure 22 Global Market for Hydrogen Storage Materials and Technologies in Portable Power, 2015-

2021 ($ Millions/%) - 69

Figure 23 Global Market for Hydrogen Storage Materials and Technologies in Transportation, 2015-2021

($ Millions/%) - 71

Figure 24 Global Market for Hydrogen Storage Materials and Technologies, by Region, 2015-2021

($ Millions) - 75

Figure 25 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2015 (%)

- 76

Figure 26 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2016 (%)

- 77

Figure 27 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2021 (%)

- 77

Figure 28 APAC Market for Hydrogen Storage Materials and Technologies, by Country, 2015-2021

($ Millions) - 79

Figure 29 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2015 (%)

- 81

Figure 30 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2016 (%)

- 81

Figure 31 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2021 (%)

- 82

Figure 32 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015-

2021 ($ Millions) - 83

Figure 33 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015

(%) - 84

Figure 34 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2016

(%) - 84

Figure 35 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2021

(%) - 85

Figure 36 APAC Market for Hydrogen Storage Materials and Technologies, by Application, 2015-2021

($ Millions) - 86

Figure 37 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2015

(%) - 87

Figure 38 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2016

(%) - 88

Figure 39 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2021

(%) -88

Figure 40 APAC Market for Hydrogen Storage Materials and Technologies, by End User, 2015-2021

($ Millions) - 90

Figure 41 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2015 (%)- 91

Figure 42 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2016 (%)

- 92

Figure 43 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2021 (%)- 92

Figure 44 The China Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)

- 94

Figure 45 The Japan Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 97

Figure 46 The South Korea Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 98

Figure 47 The Australia Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 100

Figure 48 The India Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 102

Figure 49 The North America Market for Hydrogen Storage Materials and Technologies, by Country,

2015-2021 ($ Millions) - 105

Figure 50 The North America Market for Hydrogen Storage Materials and Technologies, by Country,

2015 (%) - 106

Figure 51 The North America Market for Hydrogen Storage Materials and Technologies, by Country,

2016 (%) - 106

Figure 52 The North America Market for Hydrogen Storage Materials and Technologies, by Country,

2021 (%) - 107

Figure 53 The North America Market for Hydrogen Storage Materials and Technologies, by Storage

Type, 2015-2021 ($ Millions) - 108

Figure 54 The North America Market for Hydrogen Storage Materials and Technologies, by Storage

Type, 2015 (%) - 109

Figure 55 The North America Market for Hydrogen Storage Materials and Technologies, by Storage

Type, 2016 (%) - 109

Figure 56 The North America Market for Hydrogen Storage Materials and Technologies, by Storage

Type, 2021 (%) - 110

Figure 57 The North America Market for Hydrogen Storage Materials and Technologies, by Application,

2015-2021 ($ Millions) - 112

Figure 58 The North America Market for Hydrogen Storage Materials and Technologies, by Application,

2015 (%) - 112

Figure 59 The North America Market for Hydrogen Storage Materials and Technologies, by Application,

2016 (%) - 113

Figure 60 The North America Market for Hydrogen Storage Materials and Technologies, by Application,

2021 (%) - 113

Figure 61 The North America Market for Hydrogen Storage Materials and Technologies, by End User,

2015-2021 ($ Millions) - 115

Figure 62 The North America Market for Hydrogen Storage Materials and Technologies, by End User,

2015 (%) - 116

Figure 63 The North America Market for Hydrogen Storage Materials and Technologies, by End User,

2016 (%) - 117

Figure 64 The North America Market for Hydrogen Storage Materials and Technologies, by End User,

2021 (%) - 117

Figure 65 The U.S. Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)

- 120

Figure 66 The Canadian Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 121

Figure 67 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2015-

2021 ($ Millions) - 123

Figure 68 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2015

(%) - 124

Figure 69 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2016

(%) - 125

Figure 70 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2021

(%) - 125

Figure 71 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,

2015-2021 ($ Millions) - 127

Figure 72 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,

2015 (%) - 128

Figure 73 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,

2016 (%) - 128

Figure 74 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,

2021 (%) - 129

Figure 75 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2015-

2021 ($ Millions) - 130

Figure 76 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2015

(%) - 131

Figure 77 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2016

(%) - 132

Figure 78 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2021

(%) - 132

Figure 79 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2015-

2021 ($ Millions) - 134

Figure 80 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2015

(%) - 135

Figure 81 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2016

(%) - 135

Figure 82 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2021

(%) - 136

Figure 83 The German Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 137

Figure 84 The U.K. Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)

- 140

Figure 85 The French Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 141

Figure 86 The Italian Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions/%) - 143

Figure 87 The MEA Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)

- 144

Figure 88 The South American Market for Hydrogen Storage Materials and Technologies, 2015-2021

($ Millions) - 146

Figure 89 Patent Filings by Company in Hydrogen Storage: Materials and Technologies - 149

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