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Hydrogen Storage Market Analysi by Region Analysis and Business Development, By 2025

Hydrogen Storage Market Introduction

Hydrogen storage application techniques have an inherent importance with the fact that the technology’s successful implementation would mean the development of hydrogen fuel applications.

Hydrogen storage is a technology, which is important from the perspective of the fruitful commercialization of vehicles using hydrogen as a fuel and their acceptance in the market. Hence, it is expected that the growing market of vehicles based on hydrogen fuel would drive demand in the hydrogen market.

However, a key technical hurdle being faced is that loading adequate quantities of hydrogen aboard on various vehicle types, while conforming to all user needs (safety, cost, vehicle performance and ease of driving) without conceding passenger space or luggage space, has been a major challenge to be dealt with, as it could prove to be a restraint for the hydrogen storage market even in the future.

It has been observed that hydrogen storage is a key challenge for stationary storage as well as for transport, on account of its low density. Hydrogen storage could be done in either gaseous, liquid or solid forms, and is classified as physical based and material hydrogen storage. Physical storage involves hydrogen storage in gaseous or liquid forms. Material storage involves hydrogen storage in adsorbent, liquid organic, interstitial hydride, complex hydride or chemical hydrogen forms.

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The rising demand for energy and the subsequent expectations from hydrogen as a fuel to partially fulfill energy needs in the future are expected to drive the hydrogen storage market in the next few years. However, as production costs of hydrogen are on the rise, the hydrogen production and hence hydrogen storage market could face some hurdles.

These qualitative insights along with major regional events with regard to the hydrogen storage market make the study of this market an important research.

Hydrogen Storage: Market Segmentation

On the basis of storage type, the hydrogen storage market is segmented as follows:

  • Physical based (compressed gas, cold/cryo compressed, liquid hydrogen)
  • Material based (adsorbent, liquid organic, interstitial hydride, complex hydride, chemical hydrogen)

Hydrogen Storage: Market Dynamics

There has been a rising global demand for the supply of energy, which could be met by hydrogen as a fuel. This in turn, would require the infrastructure to store hydrogen, thereby driving the hydrogen storage market. The trend to harvest alternative renewable energy from hydrogen in recent times coupled with the rising demand for energy generation and usage is expected to drive the hydrogen storage market.

In context to the North American region, in the U.S., the United States Department of Energy (US DOE) had set specific targets for respective market participants in the automotive industry to focus on research and development with an objective to boost successful technical research on hydrogen storage. To meet the relevant long-term objectives, the US DOE encouraged the scientific fraternity by establishing the “National Hydrogen Storage Project” in the U.S., which would focus on hydrogen storage as one of its priorities.

It should be noted that by 2020, the Fuel Cell Technologies Office (FCTO) of the US DOE targets to develop onboard automotive hydrogen storage systems thereby creating opportunities that would help hydrogen-fueled vehicle platforms to meet the user’s expectations of performance pertaining to refueling time taken, amount of passenger and cargo space occupied, overall vehicle performance and range. The FCTO has been carrying their R&D activities to cultivate new hydrogen storage materials and create advancements in hydrogen storage systems technology.

However, a technological concern yet to be addressed to promote the hydrogen storage market is that the currently existing storage facilities need systems with large volumes that could store hydrogen in the gaseous state even for transport usage; although the concern is of lesser intensity with regard to the stationary applications. This concern, however has been a challenge for the growth of the hydrogen storage market.

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Market Participants

Examples of some of the market participants in the global hydrogen storage market are as follows:

  • Linde
  • Air Liquide Group
  • Hydrocell
  • Texaco Ovonic Hydrogen Systems L.L.C.
  • Air Products
  • Pragma Industries
  • Hydrogenious Technologies
  • Praxair, Inc.
  • Worthington Industries, Inc.
  • Luxfer Holdings Plc
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Hydrogen Storage Market to Witness Robust Expansion by 2026 with Top Key Players like Air Liquide, HBank Technologies, Hexagon Composites ASA, Inoxcva, Linde

Hydrogen Storage Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

“Hydrogen Storage Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market”.

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Top Key Players Profiled in This Report:

Air Liquide, HBank Technologies, Hexagon Composites ASA, Inoxcva, Linde, Luxfer Holdings, Mcphy Energy, Praxair, VRV, Worthington Industries

The key questions answered in this report:

  1. What will be the Market Size and Growth Rate in the forecast year?
  2. What are the Key Factors driving Hydrogen Storage Market?
  3. What are the Risks and Challenges in front of the market?
  4. Who are the Key Vendors in Hydrogen Storage Market?
  5. What are the Trending Factors influencing the market shares?
  6. What are the Key Outcomes of Porter’s five forces model?
  7. Which are the Global Opportunities for Expanding the Hydrogen Storage Market?

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Hydrogen Storage market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Hydrogen Storage market’s trajectory between forecast periods.

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Reasons for buying this report:

  • It offers an analysis of changing competitive scenario.
  • For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
  • It offers seven-year assessment of Hydrogen Storage Market.
  • It helps in understanding the major key product segments.
  • Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
  • It offers regional analysis of Hydrogen Storage Market along with business profiles of several stakeholders.
  • It offers massive data about trending factors that will influence the progress of the Hydrogen Storage Market.

Table of Contents

Global Hydrogen Storage Market Research Report 2020 – 2026

Chapter 1 Hydrogen Storage Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Hydrogen Storage Market Forecast

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Hydrogen Storage Industry 2020 Includes The Major Application Segments And Size In The Global Market To 2026

IndustryGrowthInsights report titled Global Hydrogen Storage Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Our data has been culled out by our team of experts who have curated the report, considering market-relevant information. This report provides latest insights about the market’s drivers, restraints, opportunities, and trends. It also discusses the growth and trends of various segments and the market in various regions.

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Hydrogen Storage Market Report Includes:

  • Market Scenario
  • Growth, Restraints, Trends, and Opportunities
  • Segments by Value and Volume
  • Supply and Demand Status
  • Competitive Analysis
  • Technological Innovations
  • Value Chain and Investment Analysis

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By Product Types:
By Type of Storage
Cylinder
Merchant/bulk
On-site
On-board
By Form of Storage
Physical
Material-based

The report is further broken down into various segments such as product types, applications, and regions.

By Applications:
Chemical
Oil Refining
General Industry
Transportation
Metal Working

Our analysts drafted the report by gathering information through primary (through surveys and interviews) and secondary (included industry body databases, reputable paid sources, and trade journals) methods of data collection. The report encompasses an exhaustive qualitative and quantitative evaluation.

The study includes growth trends, micro- and macro-economic indicators, and regulations and governmental policies.

By Regions:
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Europe (Germany, the UK, France, and Rest of Europe)
North America (the US, Mexico, and Canada)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (GCC Countries and Rest of Middle East & Africa)

The Hydrogen Storage Market Report Covers the Following Companies:
Air Liquide
Linde
Praxair
Worthington Industries
Luxfer
Mcphy Energy
Hexagon Composites
Hbank Technologies
Inoxcva
VRV

The subject matter experts analyzed various companies to understand the products and/services relevant to the market. The report includes information such as gross revenue, production and consumption, average product price, and market shares of key players. Other factors such as competitive analysis and trends, mergers & acquisitions, and expansion strategies have been included in the report. This will enable the existing competitors and new entrants understand the competitive scenario to plan future strategies.

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The Report Provides:

  • An overview of the market
  • Comprehensive analysis of the market
  • Analyses of recent developments in the market
  • Events in the market scenario in past few years
  • Emerging market segments and regional markets
  • Segmentations up to the second and/or third level
  • Historical, current, and estimated market size in terms of value and volume
  • Competitive analysis, with company overview, products, revenue, and strategies.
  • Impartial assessment of the market
  • Strategic recommendations to help companies increase their market presence

The Hydrogen Storage Market Report Addresses the Following Queries:

  • What is the estimated size of the market by 2026?
  • Which segment accounted or a large share of the market in the past?
  • Which segment is expected to account the largest market share by 2026?
  • Which governing bodies have approved the use of Hydrogen Storage?
  • Which region accounts for a dominant share of the market?
  • Which region is anticipated to create lucrative opportunities in the market?

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Hydrogen Storage Market 2020: by Business Opportunities, Top manufacturers Records, Global Industry Trends, Statistics, Size, Share, Regional Analysis by Key Players

taggHydrogen Storage Market Analysis in (Machinery and Equipment Sector )“ Hydrogen Storage Market” report 2020-2025 discusses the primary market growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. And also Future Demand, Top Players, Opportunities, Revenue and Growth Global Opportunity Analysis and Industry Forecast 2025

Short Description Hydrogen Storage Market 2020 :

Methods of hydrogen storage for subsequent use span many approaches including high pressures, cryogenics, and chemical compounds that reversibly release H2 upon heating. Underground hydrogen storage is useful to provide grid energy storage for intermittent energy sources, like wind power, as well as providing fuel for transportation, particularly for ships and airplanes.

Hydrogen Storage ;Market competition by Top Countries manufacturers/ Key player Data Profiled:

Air Liquide,Linde,Praxair,Worthington Industries,Luxfer,Mcphy Energy,Hexagon Composites,Hbank Technologies,Inoxcva,VRV,

And More

Hydrogen Storage is expected to grow at a CAGR of roughly over the next five years, will reach million USD in 2023, from million USD in 2017, according to a new study.

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Hydrogen Storage Market Segment by Type covers:

  • Cylinder
  • Merchant/bulk
  • On-site
  • On-board

    Hydrogen Storage Market Segment by Applications can be divided into:

  • Chemical
  • Oil Refining
  • General Industry
  • Transportation
  • Metal Working

    Scope of theHydrogen Storage market ;Report:

    • This report focuses on the Hydrogen Storage in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.The cylinder segment is estimated to be the largest storage type segment during the forecast period because of the rise in demand from end-use applications, such as metal working, food, and electronics industries.By application, transportation is one of the fastest-growing application segments of the hydrogen storage market owing to the rising demand for hydrogen powered fuel cell vehicles in Europe and North America. The demand of hydrogen powered fuel cells has also been increasing from the various modes of transportation, such as buses, forklifts, trains trams, and ships boats. This will further boost the hydrogen storage market.The worldwide market for Hydrogen Storage is expected to grow at a CAGR of roughly over the next five years, will reach million USD in 2023, from million USD in 2017, according to a new study.

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    ;Regional analysis covers:

    1. North America (USA, Canada and Mexico)
    2. Europe (Germany, France, UK, Russia and Italy)
    3. Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    4. South America (Brazil, Argentina, Columbia etc.)
    5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    Key questions answered in the report:

    • What will the Hydrogen Storage market ;growth rate?
    • What are thekey factors driving ;the global Hydrogen Storage market?
    • Who are thekey manufacturers ;in Hydrogen Storage market space?
    • What are themarket opportunities, market risk and market overview ;of the Hydrogen Storage market?
    • What are sales, revenue, and price analysis of top manufacturers of Hydrogen Storage market?
    • Who are the distributors, traders and dealers of Hydrogen Storage market?
    • What are the Hydrogen Storage market opportunities and threats faced by the vendors in the global Hydrogen Storage Industry?
    • What are sales, revenue, and price analysis by types and applications ;of Hydrogen Storage Industry?
    • What are ;sales, revenue, and price analysis by regions ;of Hydrogen Storage Industry?

    Key Benefits

    • Major countries in each region are mapped according to individual market revenue.
    • Comprehensive analysis of factors that drive and restrict the market growth is provided.
    • The report includes an in-depth analysis of current research amp; clinical developments within the market.
    • Key players and their key developments in the recent years are listed.

    And Morehellip;.

    The report provides an in-depth knowledge of the Global Hydrogen Storage market scenario:

    • market ;Overview
    • market ;Analysis ;by ;Regions
    • market ;Dynamics amp; Companies ;Profiles, Business ;Overview
    • Data ;Source
    • Research ;Findings ;and ;Conclusion
    • Market trends amp; developments
    • Company profiles of leading companies

    Look into Table of Content of Hydrogen Storage Market Report https:// www.360marketupdates.com /TOC/13002444#TOC

    The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, ;growth rate ;of Hydrogen Storage market in 2024 ;is also explained. ;Additionally, type wise and application wise consumption ;tables and ;figures ;of Hydrogen Storage market ;are also given.

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    360 Market Updates is the credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed towards optimizing your business. The reports we provide are based on a research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.

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    Market Price Analysis News

    Hydrogen Storage Market Global Sales, Revenue, Price and Gross Margin Forecast To 2025

    An analysis report published by Up Market Research (UMR) is an in-depth study and detailed information regarding the market size, market performance and market dynamics of the Hydrogen Storage. The report offers a robust assessment of the Global Hydrogen Storage Market to understand the current trend of the market and deduces the expected market trend for the Hydrogen Storage market for the forecast period. Providing a concrete assessment of the potential impact of the ongoing COVID-19 in the next coming years, the report covers key strategies and plans prepared by the major players to ensure their presence intact in the global competition. With the availability of this comprehensive report, the clients can easily make an informed decision about their business investments in the market.

    Get An Exclusive Free Sample Report @ https://www.upmarketresearch.com/home/requested_sample/78916

    This detailed report also highlights key insights on the factors that drive the growth of the market as well key challenges that are expected to hamper the market growth in the forecast period. Keeping a view to provide a holistic market view, the report describes the market components such as product types and end users in details with explaining which component is expected to expand significantly and which region is emerging as the key potential destination of the Hydrogen Storage market. Moreover, it provides a critical assessment of the emerging competitive landscape of the manufacturers as the demand for the Hydrogen Storage is projected to increase substantially across the different regions.

    The report, published by Up Market Research (UMR), is the most reliable information because it consists of a concrete research methodology focusing on primary as well as secondary sources. The report is prepared by relying on primary source including interviews of the company executives and representatives and accessing official documents, websites, and press release of the companies. The Up Market Research (UMR)’s report is widely known for its accuracy and factual figures as it consists of a concise graphical representations, tables, and figures which displays a clear picture of the developments of the products and its market performance over the last few years.

    Furthermore, the scope of the growth potential, revenue growth, product range, and pricing factors related to the Hydrogen Storage market are thoroughly assessed in the report in a view to entail a broader picture of the market.

    Key companies that are covered in this report:

    Air Liquide
    Linde
    Praxair
    Worthington Industries
    Luxfer
    Mcphy Energy
    Hexagon Composites
    Hbank Technologies
    Inoxcva
    VRV

    *Note: Additional companies can be included on request

    The report covers a detailed performance of some of the key players and analysis of major players in the industry, segments, application and regions. Moreover, the report also takes into account the government’s policies in the evaluation of the market behavior to illustrate the potential opportunities and challenges of the market in each region. The report also covers the recent agreements including merger and acquisition, partnership or joint venture and latest developments of the manufacturers to sustain in the global competition of the Hydrogen Storage market.

    By Application:

    Chemical
    Oil Refining
    General Industry
    Transportation
    Metal Working

    By Type:

    By Type of Storage
    Cylinder
    Merchant/bulk
    On-site
    On-board
    By Form of Storage
    Physical
    Material-based

    You can also go for a yearly subscription of all the updates on Hydrogen Storage market.

    You can buy the complete report @ https://www.upmarketresearch.com/buy/hydrogen-storage-market-2019

    According to the report, the Hydrogen Storage market is projected to reach a value of USDXX by the end of 2027 and grow at a CAGR of XX% through the forecast period (2020-2027). The report covers the performance of the Hydrogen Storage in regions, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa by focusing some key countries in the respective regions. As per the clients’ requirements, this report can be customized and available in a separate report for the specific region and countries.

    The following is the TOC of the report:

    Executive Summary

    Assumptions and Acronyms Used

    Research Methodology

    Hydrogen Storage Market Overview

    Hydrogen Storage Supply Chain Analysis

    Hydrogen Storage Pricing Analysis

    Global Hydrogen Storage Market Analysis and Forecast by Type

    Global Hydrogen Storage Market Analysis and Forecast by Application

    Global Hydrogen Storage Market Analysis and Forecast by Sales Channel

    Global Hydrogen Storage Market Analysis and Forecast by Region

    North America Hydrogen Storage Market Analysis and Forecast

    Latin America Hydrogen Storage Market Analysis and Forecast

    Europe Hydrogen Storage Market Analysis and Forecast

    Asia Pacific Hydrogen Storage Market Analysis and Forecast

    Middle East & Africa Hydrogen Storage Market Analysis and Forecast

    Competition Landscape

    Why you should buy this report?

    • This report offers a concise analysis of the Hydrogen Storage market for the last 5 years with historical data and more accurate prediction for upcoming 7 years on the basis of statistical information.
    • This report helps you to understand the market components by offering a cohesive framework of the key players and their competition dynamics as well as strategies.
    • The report is a complete guideline for the clients to arrive an informed business decision since it consists of a detailed information for better understandings of the current and future market situation.

    The report also answers some of the key questions given below:

    1. Which end-user is likely to play a crucial role in the development of the Hydrogen Storage market?
    2. Which regional market is expected to dominate the Hydrogen Storage market in the forecast period?
    3. How is consumer consumption behavior impacting the business operations of market players in the current scenario of the Hydrogen Storage market?

    If you have any questions on this report, please reach out to us @ https://www.upmarketresearch.com/home/enquiry_before_buying/78916

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    We keep our priority to fulfil the needs of our customers by offering authentic and inclusive reports for the global market-related domains. With a genuine effort from a dedicated team of business experts, Up Market Research (UMR) has been in the service by providing innovative business ideas and strategies for the current global market for various industries and set its benchmark in the market research industry.

    We have a large support of database from various leading organizations and business executives across the globe; so, we excel at customized report as per the clients’ requirements and updating market research report on the daily basis with quality information.

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    Websitehttps://www.upmarketresearch.com
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    Hydrogen Storage Market Current Situation And Growth Forecast to 2017 – 2025

    The chemical industry is focused to keep the business operations running along with ensuring the labor safety amid the COVID-19 pandemic. To recover the losses created by the decline in demand for various products, the companies are capitalizing on the escalating demand for products such as disinfectants and personal protective equipment. Many leading players in the chemical industry have expanded their business to enter into the production of safety products. Companies are resorting to advanced technologies in production to reduce the dependence on work-force.

    They are increasingly adopting advanced digital capabilities to integrate supply chain and logistics to ensure the effective delivery of products. The industry heads are seeking the real-time situation of their supply chains to identify potential weaknesses, especially in terms of geography, and strengthen it. The financial disclosures are being extended beyond the usual financial statements to deal with the risks that have aroused amid the COVID-19 pandemic.

    Hydrogen Storage Market Introduction

    Hydrogen storage application techniques have an inherent importance with the fact that the technology’s successful implementation would mean the development of hydrogen fuel applications.

    Hydrogen storage is a technology, which is important from the perspective of the fruitful commercialization of vehicles using hydrogen as a fuel and their acceptance in the market. Hence, it is expected that the growing market of vehicles based on hydrogen fuel would drive demand in the hydrogen market.

    However, a key technical hurdle being faced is that loading adequate quantities of hydrogen aboard on various vehicle types, while conforming to all user needs (safety, cost, vehicle performance and ease of driving) without conceding passenger space or luggage space, has been a major challenge to be dealt with, as it could prove to be a restraint for the hydrogen storage market even in the future.

    It has been observed that hydrogen storage is a key challenge for stationary storage as well as for transport, on account of its low density. Hydrogen storage could be done in either gaseous, liquid or solid forms, and is classified as physical based and material hydrogen storage. Physical storage involves hydrogen storage in gaseous or liquid forms. Material storage involves hydrogen storage in adsorbent, liquid organic, interstitial hydride, complex hydride or chemical hydrogen forms.

    Request For Report [email protected]https://www.persistencemarketresearch.com/samples/13654

    The rising demand for energy and the subsequent expectations from hydrogen as a fuel to partially fulfill energy needs in the future are expected to drive the hydrogen storage market in the next few years. However, as production costs of hydrogen are on the rise, the hydrogen production and hence hydrogen storage market could face some hurdles.

    These qualitative insights along with major regional events with regard to the hydrogen storage market make the study of this market an important research.

    Hydrogen Storage: Market Segmentation

    On the basis of storage type, the hydrogen storage market is segmented as follows:

    • Physical based (compressed gas, cold/cryo compressed, liquid hydrogen)
    • Material based (adsorbent, liquid organic, interstitial hydride, complex hydride, chemical hydrogen)

    Hydrogen Storage: Market Dynamics

    There has been a rising global demand for the supply of energy, which could be met by hydrogen as a fuel. This in turn, would require the infrastructure to store hydrogen, thereby driving the hydrogen storage market. The trend to harvest alternative renewable energy from hydrogen in recent times coupled with the rising demand for energy generation and usage is expected to drive the hydrogen storage market.

    In context to the North American region, in the U.S., the United States Department of Energy (US DOE) had set specific targets for respective market participants in the automotive industry to focus on research and development with an objective to boost successful technical research on hydrogen storage. To meet the relevant long-term objectives, the US DOE encouraged the scientific fraternity by establishing the “National Hydrogen Storage Project” in the U.S., which would focus on hydrogen storage as one of its priorities.

    It should be noted that by 2020, the Fuel Cell Technologies Office (FCTO) of the US DOE targets to develop onboard automotive hydrogen storage systems thereby creating opportunities that would help hydrogen-fueled vehicle platforms to meet the user’s expectations of performance pertaining to refueling time taken, amount of passenger and cargo space occupied, overall vehicle performance and range. The FCTO has been carrying their R&D activities to cultivate new hydrogen storage materials and create advancements in hydrogen storage systems technology.

    However, a technological concern yet to be addressed to promote the hydrogen storage market is that the currently existing storage facilities need systems with large volumes that could store hydrogen in the gaseous state even for transport usage; although the concern is of lesser intensity with regard to the stationary applications. This concern, however has been a challenge for the growth of the hydrogen storage market.

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    Market Participants

    Examples of some of the market participants in the global hydrogen storage market are as follows:

    • Linde
    • Air Liquide Group
    • Hydrocell
    • Texaco Ovonic Hydrogen Systems L.L.C.
    • Air Products
    • Pragma Industries
    • Hydrogenious Technologies
    • Praxair, Inc.
    • Worthington Industries, Inc.
    • Luxfer Holdings Plc

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