The global Magnesium-Based Hydrogen Storage Materials market size was valued at USD 12 million in 2023 and is forecast to a readjusted size of USD 139.8 million by 2030 with a CAGR of 41.4% during review period.
Magnesium based hydrogen storage materials, refer to a type of metal solid hydrogen storage materials that have the advantages of large hydrogen storage capacity, low production cost, and abundant raw materials. The main component of magnesium based solid hydrogen storage materials is magnesium hydride with a purity of over 99%, with impurities such as magnesium and trace amounts of other metal elements.
The report includes an overview of the development of the Magnesium-Based Hydrogen Storage Materials industry chain, the market status of Rechargeable Batteries (Pure Magnesium, Magnesium-Based Alloy), Cooling Devices (Pure Magnesium, Magnesium-Based Alloy), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Magnesium-Based Hydrogen Storage Materials.
Regionally, the report analyzes the Magnesium-Based Hydrogen Storage Materials markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Magnesium-Based Hydrogen Storage Materials market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Magnesium-Based Hydrogen Storage Materials market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Magnesium-Based Hydrogen Storage Materials industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Pure Magnesium, Magnesium-Based Alloy).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Magnesium-Based Hydrogen Storage Materials market.
Regional Analysis: The report involves examining the Magnesium-Based Hydrogen Storage Materials market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Magnesium-Based Hydrogen Storage Materials market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Magnesium-Based Hydrogen Storage Materials:
Company Analysis: Report covers individual Magnesium-Based Hydrogen Storage Materials manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Magnesium-Based Hydrogen Storage Materials This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Rechargeable Batteries, Cooling Devices).
Technology Analysis: Report covers specific technologies relevant to Magnesium-Based Hydrogen Storage Materials. It assesses the current state, advancements, and potential future developments in Magnesium-Based Hydrogen Storage Materials areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Magnesium-Based Hydrogen Storage Materials market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Magnesium-Based Hydrogen Storage Materials market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Pure Magnesium
Magnesium-Based Alloy
Magnesium-Based Composite
Market segment by Application
Rechargeable Batteries
Cooling Devices
Fuel Cells
Others
Major players covered
JMC
Merck KGaA
Ajax Tocco Magnethermic Corporation
Baotou Santoku Battery Materials
Santoku Corporation
American Elements
AMG Titanium Alloys & Coatings LLC
Jiangmen Kanhoo Industry
Xiamen Tungsten Co., Ltd
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnesium-Based Hydrogen Storage Materials product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnesium-Based Hydrogen Storage Materials, with price, sales, revenue and global market share of Magnesium-Based Hydrogen Storage Materials from 2019 to 2024.
Chapter 3, the Magnesium-Based Hydrogen Storage Materials competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnesium-Based Hydrogen Storage Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Magnesium-Based Hydrogen Storage Materials market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium-Based Hydrogen Storage Materials.
Chapter 14 and 15, to describe Magnesium-Based Hydrogen Storage Materials sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Magnesium-Based Hydrogen Storage Materials
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Pure Magnesium
1.3.3 Magnesium-Based Alloy
1.3.4 Magnesium-Based Composite
1.4 Market Analysis by Application
1.4.1 Overview: Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Rechargeable Batteries
1.4.3 Cooling Devices
1.4.4 Fuel Cells
1.4.5 Others
1.5 Global Magnesium-Based Hydrogen Storage Materials Market Size & Forecast
1.5.1 Global Magnesium-Based Hydrogen Storage Materials Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity (2019-2030)
1.5.3 Global Magnesium-Based Hydrogen Storage Materials Average Price (2019-2030)
2 Manufacturers Profiles
2.1 JMC
2.1.1 JMC Details
2.1.2 JMC Major Business
2.1.3 JMC Magnesium-Based Hydrogen Storage Materials Product and Services
2.1.4 JMC Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 JMC Recent Developments/Updates
2.2 Merck KGaA
2.2.1 Merck KGaA Details
2.2.2 Merck KGaA Major Business
2.2.3 Merck KGaA Magnesium-Based Hydrogen Storage Materials Product and Services
2.2.4 Merck KGaA Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Merck KGaA Recent Developments/Updates
2.3 Ajax Tocco Magnethermic Corporation
2.3.1 Ajax Tocco Magnethermic Corporation Details
2.3.2 Ajax Tocco Magnethermic Corporation Major Business
2.3.3 Ajax Tocco Magnethermic Corporation Magnesium-Based Hydrogen Storage Materials Product and Services
2.3.4 Ajax Tocco Magnethermic Corporation Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Ajax Tocco Magnethermic Corporation Recent Developments/Updates
2.4 Baotou Santoku Battery Materials
2.4.1 Baotou Santoku Battery Materials Details
2.4.2 Baotou Santoku Battery Materials Major Business
2.4.3 Baotou Santoku Battery Materials Magnesium-Based Hydrogen Storage Materials Product and Services
2.4.4 Baotou Santoku Battery Materials Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Baotou Santoku Battery Materials Recent Developments/Updates
2.5 Santoku Corporation
2.5.1 Santoku Corporation Details
2.5.2 Santoku Corporation Major Business
2.5.3 Santoku Corporation Magnesium-Based Hydrogen Storage Materials Product and Services
2.5.4 Santoku Corporation Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Santoku Corporation Recent Developments/Updates
2.6 American Elements
2.6.1 American Elements Details
2.6.2 American Elements Major Business
2.6.3 American Elements Magnesium-Based Hydrogen Storage Materials Product and Services
2.6.4 American Elements Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 American Elements Recent Developments/Updates
2.7 AMG Titanium Alloys & Coatings LLC
2.7.1 AMG Titanium Alloys & Coatings LLC Details
2.7.2 AMG Titanium Alloys & Coatings LLC Major Business
2.7.3 AMG Titanium Alloys & Coatings LLC Magnesium-Based Hydrogen Storage Materials Product and Services
2.7.4 AMG Titanium Alloys & Coatings LLC Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 AMG Titanium Alloys & Coatings LLC Recent Developments/Updates
2.8 Jiangmen Kanhoo Industry
2.8.1 Jiangmen Kanhoo Industry Details
2.8.2 Jiangmen Kanhoo Industry Major Business
2.8.3 Jiangmen Kanhoo Industry Magnesium-Based Hydrogen Storage Materials Product and Services
2.8.4 Jiangmen Kanhoo Industry Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Jiangmen Kanhoo Industry Recent Developments/Updates
2.9 Xiamen Tungsten Co., Ltd
2.9.1 Xiamen Tungsten Co., Ltd Details
2.9.2 Xiamen Tungsten Co., Ltd Major Business
2.9.3 Xiamen Tungsten Co., Ltd Magnesium-Based Hydrogen Storage Materials Product and Services
2.9.4 Xiamen Tungsten Co., Ltd Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Xiamen Tungsten Co., Ltd Recent Developments/Updates
2.10 MG Power
2.10.1 MG Power Details
2.10.2 MG Power Major Business
2.10.3 MG Power Magnesium-Based Hydrogen Storage Materials Product and Services
2.10.4 MG Power Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 MG Power Recent Developments/Updates
2.11 GRIMAT
2.11.1 GRIMAT Details
2.11.2 GRIMAT Major Business
2.11.3 GRIMAT Magnesium-Based Hydrogen Storage Materials Product and Services
2.11.4 GRIMAT Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 GRIMAT Recent Developments/Updates
2.12 Shanghai H2store Energy Technology
2.12.1 Shanghai H2store Energy Technology Details
2.12.2 Shanghai H2store Energy Technology Major Business
2.12.3 Shanghai H2store Energy Technology Magnesium-Based Hydrogen Storage Materials Product and Services
2.12.4 Shanghai H2store Energy Technology Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Shanghai H2store Energy Technology Recent Developments/Updates
2.13 Biocoke Lab
2.13.1 Biocoke Lab Details
2.13.2 Biocoke Lab Major Business
2.13.3 Biocoke Lab Magnesium-Based Hydrogen Storage Materials Product and Services
2.13.4 Biocoke Lab Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Biocoke Lab Recent Developments/Updates
2.14 Sigma Aldrich
2.14.1 Sigma Aldrich Details
2.14.2 Sigma Aldrich Major Business
2.14.3 Sigma Aldrich Magnesium-Based Hydrogen Storage Materials Product and Services
2.14.4 Sigma Aldrich Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Sigma Aldrich Recent Developments/Updates
2.15 Jiangsu JITRI Advanced Energy Materials
2.15.1 Jiangsu JITRI Advanced Energy Materials Details
2.15.2 Jiangsu JITRI Advanced Energy Materials Major Business
2.15.3 Jiangsu JITRI Advanced Energy Materials Magnesium-Based Hydrogen Storage Materials Product and Services
2.15.4 Jiangsu JITRI Advanced Energy Materials Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Jiangsu JITRI Advanced Energy Materials Recent Developments/Updates
3 Competitive Environment: Magnesium-Based Hydrogen Storage Materials by Manufacturer
3.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Manufacturer (2019-2024)
3.2 Global Magnesium-Based Hydrogen Storage Materials Revenue by Manufacturer (2019-2024)
3.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Magnesium-Based Hydrogen Storage Materials by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Magnesium-Based Hydrogen Storage Materials Manufacturer Market Share in 2023
3.4.2 Top 6 Magnesium-Based Hydrogen Storage Materials Manufacturer Market Share in 2023
3.5 Magnesium-Based Hydrogen Storage Materials Market: Overall Company Footprint Analysis
3.5.1 Magnesium-Based Hydrogen Storage Materials Market: Region Footprint
3.5.2 Magnesium-Based Hydrogen Storage Materials Market: Company Product Type Footprint
3.5.3 Magnesium-Based Hydrogen Storage Materials Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Magnesium-Based Hydrogen Storage Materials Market Size by Region
4.1.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Region (2019-2030)
4.1.2 Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Region (2019-2030)
4.1.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Region (2019-2030)
4.2 North America Magnesium-Based Hydrogen Storage Materials Consumption Value (2019-2030)
4.3 Europe Magnesium-Based Hydrogen Storage Materials Consumption Value (2019-2030)
4.4 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Consumption Value (2019-2030)
4.5 South America Magnesium-Based Hydrogen Storage Materials Consumption Value (2019-2030)
4.6 Middle East and Africa Magnesium-Based Hydrogen Storage Materials Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2019-2030)
5.2 Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Type (2019-2030)
5.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2019-2030)
6.2 Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Application (2019-2030)
6.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Application (2019-2030)
7 North America
7.1 North America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2019-2030)
7.2 North America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2019-2030)
7.3 North America Magnesium-Based Hydrogen Storage Materials Market Size by Country
7.3.1 North America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2019-2030)
7.3.2 North America Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2019-2030)
8.2 Europe Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2019-2030)
8.3 Europe Magnesium-Based Hydrogen Storage Materials Market Size by Country
8.3.1 Europe Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2019-2030)
8.3.2 Europe Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Market Size by Region
9.3.1 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2019-2030)
10.2 South America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2019-2030)
10.3 South America Magnesium-Based Hydrogen Storage Materials Market Size by Country
10.3.1 South America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2019-2030)
10.3.2 South America Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Market Size by Country
11.3.1 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Magnesium-Based Hydrogen Storage Materials Market Drivers
12.2 Magnesium-Based Hydrogen Storage Materials Market Restraints
12.3 Magnesium-Based Hydrogen Storage Materials Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Magnesium-Based Hydrogen Storage Materials and Key Manufacturers
13.2 Manufacturing Costs Percentage of Magnesium-Based Hydrogen Storage Materials
13.3 Magnesium-Based Hydrogen Storage Materials Production Process
13.4 Magnesium-Based Hydrogen Storage Materials Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Magnesium-Based Hydrogen Storage Materials Typical Distributors
14.3 Magnesium-Based Hydrogen Storage Materials Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
JMC
Merck KGaA
Ajax Tocco Magnethermic Corporation
Baotou Santoku Battery Materials
Santoku Corporation
American Elements
AMG Titanium Alloys & Coatings LLC
Jiangmen Kanhoo Industry
Xiamen Tungsten Co., Ltd
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
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*If Applicable.
