Global Hydrogen Tank Market Growth 2025-2031

Publication ID:

LPI04252689

Publication Date:

April 25, 2025

Pages:

113

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Hydrogen Tank market size is predicted to grow from US$ 752 million in 2025 to US$ 1940 million in 2031; it is expected to grow at a CAGR of 17.1% from 2025 to 2031.
A hydrogen tank is a container or a vessel used to store hydrogen in its gaseous or liquid form. Sometimes they are also referred to as hydrogen cylinders, cartridges or canisters. Depending on the pressure and temperature of storage the container must fulfil various tedious physical requirements, and therefore the art and science of designing and manufacturing hydrogen tanks has a long history of innovation. Hydrogen fuel tanks are used in all kinds of applications involving the use or generation of hydrogen such as fuel cell and electrolyzer systems, rockets and space flight. A hydrogen fuel tank is usually part of a hydrogen storage system.
Global key players of Hydrogen Tank include Hexagon Purus, Faurecia, Iljin Hysolus, Toyota, Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd., etc. The top five players hold a share about 44%. North America is the largest market, and has a share about 31%, followed by Europe and China with share 21% and 20%, separately. In terms of product type, Type IV is the largest segment, occupied for a share of 38%. In terms of application, Automotive has a share about 54 percent.
The 鈥淗ydrogen Tank Industry Forecast鈥� looks at past sales and reviews total world Hydrogen Tank sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrogen Tank sales for 2025 through 2031. With Hydrogen Tank sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen Tank industry.
This Insight Report provides a comprehensive analysis of the global Hydrogen Tank landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogen Tank portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Hydrogen Tank market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen Tank and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogen Tank.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen Tank market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Type I
Type II
Type III
Type IV
Segmentation by Application:
Automotive
Hydrogen Refueling Stations
Hydrogen Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hexagon Purus
Faurecia
Iljin Hysolus
Toyota
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
Faber Industrie
Quantum Fuel Systems
Luxfer Group
Worthington Industries
NPROXX
CTC
Plastic Omnium
Iwatani
Mahytec (HENSOLDT)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogen Tank market?
What factors are driving Hydrogen Tank market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogen Tank market opportunities vary by end market size?
How does Hydrogen Tank break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hydrogen Tank Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Hydrogen Tank by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Hydrogen Tank by Country/Region, 2020, 2024 & 2031
2.2 Hydrogen Tank Segment by Type
2.2.1 Type I
2.2.2 Type II
2.2.3 Type III
2.2.4 Type IV
2.3 Hydrogen Tank Sales by Type
2.3.1 Global Hydrogen Tank Sales Market Share by Type (2020-2025)
2.3.2 Global Hydrogen Tank Revenue and Market Share by Type (2020-2025)
2.3.3 Global Hydrogen Tank Sale Price by Type (2020-2025)
2.4 Hydrogen Tank Segment by Application
2.4.1 Automotive
2.4.2 Hydrogen Refueling Stations
2.4.3 Hydrogen Transportation
2.4.4 Others
2.5 Hydrogen Tank Sales by Application
2.5.1 Global Hydrogen Tank Sale Market Share by Application (2020-2025)
2.5.2 Global Hydrogen Tank Revenue and Market Share by Application (2020-2025)
2.5.3 Global Hydrogen Tank Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Hydrogen Tank Breakdown Data by Company
3.1.1 Global Hydrogen Tank Annual Sales by Company (2020-2025)
3.1.2 Global Hydrogen Tank Sales Market Share by Company (2020-2025)
3.2 Global Hydrogen Tank Annual Revenue by Company (2020-2025)
3.2.1 Global Hydrogen Tank Revenue by Company (2020-2025)
3.2.2 Global Hydrogen Tank Revenue Market Share by Company (2020-2025)
3.3 Global Hydrogen Tank Sale Price by Company
3.4 Key Manufacturers Hydrogen Tank Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hydrogen Tank Product Location Distribution
3.4.2 Players Hydrogen Tank Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Hydrogen Tank by Geographic Region
4.1 World Historic Hydrogen Tank Market Size by Geographic Region (2020-2025)
4.1.1 Global Hydrogen Tank Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Hydrogen Tank Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Hydrogen Tank Market Size by Country/Region (2020-2025)
4.2.1 Global Hydrogen Tank Annual Sales by Country/Region (2020-2025)
4.2.2 Global Hydrogen Tank Annual Revenue by Country/Region (2020-2025)
4.3 Americas Hydrogen Tank Sales Growth
4.4 APAC Hydrogen Tank Sales Growth
4.5 Europe Hydrogen Tank Sales Growth
4.6 Middle East & Africa Hydrogen Tank Sales Growth
5 Americas
5.1 Americas Hydrogen Tank Sales by Country
5.1.1 Americas Hydrogen Tank Sales by Country (2020-2025)
5.1.2 Americas Hydrogen Tank Revenue by Country (2020-2025)
5.2 Americas Hydrogen Tank Sales by Type (2020-2025)
5.3 Americas Hydrogen Tank Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hydrogen Tank Sales by Region
6.1.1 APAC Hydrogen Tank Sales by Region (2020-2025)
6.1.2 APAC Hydrogen Tank Revenue by Region (2020-2025)
6.2 APAC Hydrogen Tank Sales by Type (2020-2025)
6.3 APAC Hydrogen Tank Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hydrogen Tank by Country
7.1.1 Europe Hydrogen Tank Sales by Country (2020-2025)
7.1.2 Europe Hydrogen Tank Revenue by Country (2020-2025)
7.2 Europe Hydrogen Tank Sales by Type (2020-2025)
7.3 Europe Hydrogen Tank Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hydrogen Tank by Country
8.1.1 Middle East & Africa Hydrogen Tank Sales by Country (2020-2025)
8.1.2 Middle East & Africa Hydrogen Tank Revenue by Country (2020-2025)
8.2 Middle East & Africa Hydrogen Tank Sales by Type (2020-2025)
8.3 Middle East & Africa Hydrogen Tank Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hydrogen Tank
10.3 Manufacturing Process Analysis of Hydrogen Tank
10.4 Industry Chain Structure of Hydrogen Tank
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hydrogen Tank Distributors
11.3 Hydrogen Tank Customer
12 World Forecast Review for Hydrogen Tank by Geographic Region
12.1 Global Hydrogen Tank Market Size Forecast by Region
12.1.1 Global Hydrogen Tank Forecast by Region (2026-2031)
12.1.2 Global Hydrogen Tank Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Hydrogen Tank Forecast by Type (2026-2031)
12.7 Global Hydrogen Tank Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Hexagon Purus
13.1.1 Hexagon Purus Company Information
13.1.2 Hexagon Purus Hydrogen Tank Product Portfolios and Specifications
13.1.3 Hexagon Purus Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Hexagon Purus Main Business Overview
13.1.5 Hexagon Purus Latest Developments
13.2 Faurecia
13.2.1 Faurecia Company Information
13.2.2 Faurecia Hydrogen Tank Product Portfolios and Specifications
13.2.3 Faurecia Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Faurecia Main Business Overview
13.2.5 Faurecia Latest Developments
13.3 Iljin Hysolus
13.3.1 Iljin Hysolus Company Information
13.3.2 Iljin Hysolus Hydrogen Tank Product Portfolios and Specifications
13.3.3 Iljin Hysolus Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Iljin Hysolus Main Business Overview
13.3.5 Iljin Hysolus Latest Developments
13.4 Toyota
13.4.1 Toyota Company Information
13.4.2 Toyota Hydrogen Tank Product Portfolios and Specifications
13.4.3 Toyota Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Toyota Main Business Overview
13.4.5 Toyota Latest Developments
13.5 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
13.5.1 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Company Information
13.5.2 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Hydrogen Tank Product Portfolios and Specifications
13.5.3 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Main Business Overview
13.5.5 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Latest Developments
13.6 Faber Industrie
13.6.1 Faber Industrie Company Information
13.6.2 Faber Industrie Hydrogen Tank Product Portfolios and Specifications
13.6.3 Faber Industrie Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Faber Industrie Main Business Overview
13.6.5 Faber Industrie Latest Developments
13.7 Quantum Fuel Systems
13.7.1 Quantum Fuel Systems Company Information
13.7.2 Quantum Fuel Systems Hydrogen Tank Product Portfolios and Specifications
13.7.3 Quantum Fuel Systems Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Quantum Fuel Systems Main Business Overview
13.7.5 Quantum Fuel Systems Latest Developments
13.8 Luxfer Group
13.8.1 Luxfer Group Company Information
13.8.2 Luxfer Group Hydrogen Tank Product Portfolios and Specifications
13.8.3 Luxfer Group Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Luxfer Group Main Business Overview
13.8.5 Luxfer Group Latest Developments
13.9 Worthington Industries
13.9.1 Worthington Industries Company Information
13.9.2 Worthington Industries Hydrogen Tank Product Portfolios and Specifications
13.9.3 Worthington Industries Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Worthington Industries Main Business Overview
13.9.5 Worthington Industries Latest Developments
13.10 NPROXX
13.10.1 NPROXX Company Information
13.10.2 NPROXX Hydrogen Tank Product Portfolios and Specifications
13.10.3 NPROXX Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 NPROXX Main Business Overview
13.10.5 NPROXX Latest Developments
13.11 CTC
13.11.1 CTC Company Information
13.11.2 CTC Hydrogen Tank Product Portfolios and Specifications
13.11.3 CTC Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 CTC Main Business Overview
13.11.5 CTC Latest Developments
13.12 Plastic Omnium
13.12.1 Plastic Omnium Company Information
13.12.2 Plastic Omnium Hydrogen Tank Product Portfolios and Specifications
13.12.3 Plastic Omnium Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Plastic Omnium Main Business Overview
13.12.5 Plastic Omnium Latest Developments
13.13 Iwatani
13.13.1 Iwatani Company Information
13.13.2 Iwatani Hydrogen Tank Product Portfolios and Specifications
13.13.3 Iwatani Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Iwatani Main Business Overview
13.13.5 Iwatani Latest Developments
13.14 Mahytec (HENSOLDT)
13.14.1 Mahytec (HENSOLDT) Company Information
13.14.2 Mahytec (HENSOLDT) Hydrogen Tank Product Portfolios and Specifications
13.14.3 Mahytec (HENSOLDT) Hydrogen Tank Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Mahytec (HENSOLDT) Main Business Overview
13.14.5 Mahytec (HENSOLDT) Latest Developments
14 Research Findings and Conclusion

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