Global Magnesium-based Solid Hydrogen Storage Material Market Research Report 2025

Publication ID:

PB505253150

Publication Date:

May 8, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Specialty Chemicals [2]

Manufacturing (Chemicals) [3]

Chemicals [4]

Description:

The global market for Magnesium-based Solid Hydrogen Storage Material was valued at US$ 24.5 million in the year 2024 and is projected to reach a revised size of US$ 623 million by 2031, growing at a CAGR of 59.7% during the forecast period.
Magnesium based solid hydrogen storage materials, also known as 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 currently mature magnesium based solid hydrogen storage material is magnesium based hydrogen storage alloy. Due to the fact that most manufacturers produce magnesium based solid-state hydrogen storage materials for their own use in the production of solid-state hydrogen storage equipment. The product price cannot be obtained, so the report provided only includes income data. Excluding product prices and sales volume.
MG Power, GRIMAT and Shanghai H2store Energy Technology are top 3 manufacturers of magnesium-based solid hydrogen storage material, accounting for 65%. Other giants in the industry include Biocoke Lab, Sigma Aldrich and Jiangsu JITRI Advanced Energy Materials, etc. Americas is the largest market by region, making up over 50%, followed by APAC and Europe. Based on the shape of material, the product can be divided into 2 types--powder and block solid hydrogen storage material, where the powder gains a share over 70%. In terms of application, new energy and medical are two main segments. And new energy is the largest one, holding a share about 80%. Hydrogen storage in metal hydrides, compared to conventional methods, is regarded as one of the best solutions due to the higher volumetric storage capacity and safety. Magnesium and magnesium-based alloys are promising candidates for hydrogen storage. The hydrogen storage capacity of magnesium in the form of MgH2 amounts to 7.6 wt%.
This report aims to provide a comprehensive presentation of the global market for Magnesium-based Solid Hydrogen Storage Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium-based Solid Hydrogen Storage Material.
The Magnesium-based Solid Hydrogen Storage Material market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Magnesium-based Solid Hydrogen Storage Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Magnesium-based Solid Hydrogen Storage Material companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
Shanghai Laienergy Hydrogen
Segment by Type
Powder Solid Hydrogen Storage Material
Block Solid Hydrogen Storage Material
Segment by Application
New Energy
Medical
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Magnesium-based Solid Hydrogen Storage Material company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

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

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Magnesium-based Solid Hydrogen Storage Material Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Powder Solid Hydrogen Storage Material
1.2.3 Block Solid Hydrogen Storage Material
1.3 Market by Application
1.3.1 Global Magnesium-based Solid Hydrogen Storage Material Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 New Energy
1.3.3 Medical
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Magnesium-based Solid Hydrogen Storage Material Market Perspective (2020-2031)
2.2 Global Magnesium-based Solid Hydrogen Storage Material Growth Trends by Region
2.2.1 Global Magnesium-based Solid Hydrogen Storage Material Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Magnesium-based Solid Hydrogen Storage Material Historic Market Size by Region (2020-2025)
2.2.3 Magnesium-based Solid Hydrogen Storage Material Forecasted Market Size by Region (2026-2031)
2.3 Magnesium-based Solid Hydrogen Storage Material Market Dynamics
2.3.1 Magnesium-based Solid Hydrogen Storage Material Industry Trends
2.3.2 Magnesium-based Solid Hydrogen Storage Material Market Drivers
2.3.3 Magnesium-based Solid Hydrogen Storage Material Market Challenges
2.3.4 Magnesium-based Solid Hydrogen Storage Material Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Magnesium-based Solid Hydrogen Storage Material Players by Revenue
3.1.1 Global Top Magnesium-based Solid Hydrogen Storage Material Players by Revenue (2020-2025)
3.1.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Market Share by Players (2020-2025)
3.2 Global Top Magnesium-based Solid Hydrogen Storage Material Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Magnesium-based Solid Hydrogen Storage Material Revenue
3.4 Global Magnesium-based Solid Hydrogen Storage Material Market Concentration Ratio
3.4.1 Global Magnesium-based Solid Hydrogen Storage Material Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Magnesium-based Solid Hydrogen Storage Material Revenue in 2024
3.5 Global Key Players of Magnesium-based Solid Hydrogen Storage Material Head office and Area Served
3.6 Global Key Players of Magnesium-based Solid Hydrogen Storage Material, Product and Application
3.7 Global Key Players of Magnesium-based Solid Hydrogen Storage Material, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Magnesium-based Solid Hydrogen Storage Material Breakdown Data by Type
4.1 Global Magnesium-based Solid Hydrogen Storage Material Historic Market Size by Type (2020-2025)
4.2 Global Magnesium-based Solid Hydrogen Storage Material Forecasted Market Size by Type (2026-2031)
5 Magnesium-based Solid Hydrogen Storage Material Breakdown Data by Application
5.1 Global Magnesium-based Solid Hydrogen Storage Material Historic Market Size by Application (2020-2025)
5.2 Global Magnesium-based Solid Hydrogen Storage Material Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Magnesium-based Solid Hydrogen Storage Material Market Size (2020-2031)
6.2 North America Magnesium-based Solid Hydrogen Storage Material Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2020-2025)
6.4 North America Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Magnesium-based Solid Hydrogen Storage Material Market Size (2020-2031)
7.2 Europe Magnesium-based Solid Hydrogen Storage Material Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2020-2025)
7.4 Europe Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Size (2020-2031)
8.2 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Size by Region (2020-2025)
8.4 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Magnesium-based Solid Hydrogen Storage Material Market Size (2020-2031)
9.2 Latin America Magnesium-based Solid Hydrogen Storage Material Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2020-2025)
9.4 Latin America Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Market Size (2020-2031)
10.2 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2020-2025)
10.4 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 MG Power
11.1.1 MG Power Company Details
11.1.2 MG Power Business Overview
11.1.3 MG Power Magnesium-based Solid Hydrogen Storage Material Introduction
11.1.4 MG Power Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.1.5 MG Power Recent Development
11.2 GRIMAT
11.2.1 GRIMAT Company Details
11.2.2 GRIMAT Business Overview
11.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Material Introduction
11.2.4 GRIMAT Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.2.5 GRIMAT Recent Development
11.3 Shanghai H2store Energy Technology
11.3.1 Shanghai H2store Energy Technology Company Details
11.3.2 Shanghai H2store Energy Technology Business Overview
11.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Introduction
11.3.4 Shanghai H2store Energy Technology Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.3.5 Shanghai H2store Energy Technology Recent Development
11.4 Biocoke Lab
11.4.1 Biocoke Lab Company Details
11.4.2 Biocoke Lab Business Overview
11.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Introduction
11.4.4 Biocoke Lab Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.4.5 Biocoke Lab Recent Development
11.5 Sigma Aldrich
11.5.1 Sigma Aldrich Company Details
11.5.2 Sigma Aldrich Business Overview
11.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Introduction
11.5.4 Sigma Aldrich Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.5.5 Sigma Aldrich Recent Development
11.6 Jiangsu JITRI Advanced Energy Materials
11.6.1 Jiangsu JITRI Advanced Energy Materials Company Details
11.6.2 Jiangsu JITRI Advanced Energy Materials Business Overview
11.6.3 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Introduction
11.6.4 Jiangsu JITRI Advanced Energy Materials Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.6.5 Jiangsu JITRI Advanced Energy Materials Recent Development
11.7 Shanghai Laienergy Hydrogen
11.7.1 Shanghai Laienergy Hydrogen Company Details
11.7.2 Shanghai Laienergy Hydrogen Business Overview
11.7.3 Shanghai Laienergy Hydrogen Magnesium-based Solid Hydrogen Storage Material Introduction
11.7.4 Shanghai Laienergy Hydrogen Revenue in Magnesium-based Solid Hydrogen Storage Material Business (2020-2025)
11.7.5 Shanghai Laienergy Hydrogen Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Companies Mentioned:

MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
Shanghai Laienergy Hydrogen

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.

91制片厂