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.
The global Magnesium-based Solid Hydrogen Storage Material market is projected to reach US$ 263.7 million by 2030 from an estimated US$ 16 million in 2024, at a CAGR of 59.7% during 2024 and 2030.
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%.
Report Scope
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, analyse 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 sales volume (Sqm) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
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
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Sales (consumption), revenue of Magnesium-based Solid Hydrogen Storage Material in global and regional level. 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 of each country in the world.
Chapter 3: Detailed analysis of Magnesium-based Solid Hydrogen Storage Material manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Magnesium-based Solid Hydrogen Storage Material sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
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1 Study Coverage
1.1 Magnesium-based Solid Hydrogen Storage Material Product Introduction
1.2 Market by Type
1.2.1 Global Magnesium-based Solid Hydrogen Storage Material Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
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 Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 New Energy
1.3.3 Medical
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Magnesium-based Solid Hydrogen Storage Material Market Size Estimates and Forecasts
2.1.1 Global Magnesium-based Solid Hydrogen Storage Material Revenue 2019-2030
2.1.2 Global Magnesium-based Solid Hydrogen Storage Material Sales 2019-2030
2.2 Magnesium-based Solid Hydrogen Storage Material Market Size by Region: 2023 Versus 2030
2.3 Magnesium-based Solid Hydrogen Storage Material Sales by Region (2019-2030)
2.3.1 Global Magnesium-based Solid Hydrogen Storage Material Sales by Region: 2019-2024
2.3.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Forecast by Region (2025-2030)
2.3.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Market Share by Region (2019-2030)
2.4 Magnesium-based Solid Hydrogen Storage Material Market Estimates and Projections by Region (2025-2030)
2.4.1 Global Magnesium-based Solid Hydrogen Storage Material Revenue by Region: 2019-2024
2.4.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Forecast by Region (2025-2030)
2.4.3 Global Magnesium-based Solid Hydrogen Storage Material Revenue Market Share by Region (2019-2030)
3 Global Magnesium-based Solid Hydrogen Storage Material by Manufacturers
3.1 Global Top Magnesium-based Solid Hydrogen Storage Material Manufacturers by Sales
3.1.1 Global Magnesium-based Solid Hydrogen Storage Material Sales by Manufacturer (2019-2024)
3.1.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Market Share by Manufacturer (2019-2024)
3.2 Global Top Magnesium-based Solid Hydrogen Storage Material Manufacturers by Revenue
3.2.1 Global Magnesium-based Solid Hydrogen Storage Material Revenue by Manufacturer (2019-2024)
3.2.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Share by Manufacturer (2019-2024)
3.3 Global Magnesium-based Solid Hydrogen Storage Material Price by Manufacturer (2019-2024)
3.4 Competitive Landscape
3.4.1 Key Magnesium-based Solid Hydrogen Storage Material Manufacturers Covered: Ranking by Revenue
3.4.2 Global Magnesium-based Solid Hydrogen Storage Material Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.4.3 Global Magnesium-based Solid Hydrogen Storage Material Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.5 Global Magnesium-based Solid Hydrogen Storage Material Manufacturing Base Distribution, Product Type
3.5.1 Magnesium-based Solid Hydrogen Storage Material Manufacturers Manufacturing Base Distribution, Headquarters
3.5.2 Manufacturers Magnesium-based Solid Hydrogen Storage Material Product Type
3.5.3 Date of International Manufacturers Enter into Magnesium-based Solid Hydrogen Storage Material Market
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 MG Power
4.1.1 MG Power Company Information
4.1.2 MG Power Description, Business Overview
4.1.3 MG Power Magnesium-based Solid Hydrogen Storage Material Products Offered
4.1.4 MG Power Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
4.1.5 MG Power Magnesium-based Solid Hydrogen Storage Material Sales by Product in 2023
4.1.6 MG Power Magnesium-based Solid Hydrogen Storage Material Sales by Application in 2023
4.1.7 MG Power Magnesium-based Solid Hydrogen Storage Material Sales by Geographic Area in 2023
4.1.8 MG Power Recent Developments
4.2 GRIMAT
4.2.1 GRIMAT Company Information
4.2.2 GRIMAT Description, Business Overview
4.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Material Products Offered
4.2.4 GRIMAT Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
4.2.5 GRIMAT Magnesium-based Solid Hydrogen Storage Material Sales by Product in 2023
4.2.6 GRIMAT Magnesium-based Solid Hydrogen Storage Material Sales by Application in 2023
4.2.7 GRIMAT Magnesium-based Solid Hydrogen Storage Material Sales by Geographic Area in 2023
4.2.8 GRIMAT Recent Developments
4.3 Shanghai H2store Energy Technology
4.3.1 Shanghai H2store Energy Technology Company Information
4.3.2 Shanghai H2store Energy Technology Description, Business Overview
4.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Products Offered
4.3.4 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
4.3.5 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Sales by Product in 2023
4.3.6 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Sales by Application in 2023
4.3.7 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Sales by Geographic Area in 2023
4.3.8 Shanghai H2store Energy Technology Recent Developments
4.4 Biocoke Lab
4.4.1 Biocoke Lab Company Information
4.4.2 Biocoke Lab Description, Business Overview
4.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Products Offered
4.4.4 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
4.4.5 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Sales by Product in 2023
4.4.6 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Sales by Application in 2023
4.4.7 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Sales by Geographic Area in 2023
4.4.8 Biocoke Lab Recent Developments
4.5 Sigma Aldrich
4.5.1 Sigma Aldrich Company Information
4.5.2 Sigma Aldrich Description, Business Overview
4.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Products Offered
4.5.4 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
4.5.5 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Sales by Product in 2023
4.5.6 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Sales by Application in 2023
4.5.7 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Sales by Geographic Area in 2023
4.5.8 Sigma Aldrich Recent Developments
4.6 Jiangsu JITRI Advanced Energy Materials
4.6.1 Jiangsu JITRI Advanced Energy Materials Company Information
4.6.2 Jiangsu JITRI Advanced Energy Materials Description, Business Overview
4.6.3 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Products Offered
4.6.4 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
4.6.5 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Sales by Product in 2023
4.6.6 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Sales by Application in 2023
4.6.7 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Sales by Geographic Area in 2023
4.6.8 Jiangsu JITRI Advanced Energy Materials Recent Development
5 Breakdown Data by Type
5.1 Global Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2030)
5.1.1 Global Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2024)
5.1.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Forecast by Type (2025-2030)
5.1.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Market Share by Type (2019-2030)
5.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Forecast by Type (2019-2030)
5.2.1 Global Magnesium-based Solid Hydrogen Storage Material Revenue by Type (2019-2024)
5.2.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Forecast by Type (2025-2030)
5.2.3 Global Magnesium-based Solid Hydrogen Storage Material Revenue Market Share by Type (2019-2030)
5.3 Magnesium-based Solid Hydrogen Storage Material Average Selling Price (ASP) by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2030)
6.1.1 Global Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2024)
6.1.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Forecast by Application (2025-2030)
6.1.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Market Share by Application (2019-2030)
6.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Forecast by Application (2019-2030)
6.2.1 Global Magnesium-based Solid Hydrogen Storage Material Revenue by Application (2019-2024)
6.2.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue Forecast by Application (2025-2030)
6.2.3 Global Magnesium-based Solid Hydrogen Storage Material Revenue Market Share by Application (2019-2030)
6.3 Magnesium-based Solid Hydrogen Storage Material Average Selling Price (ASP) by Application (2019-2030)
7 North America
7.1 North America Magnesium-based Solid Hydrogen Storage Material Market Size YoY Growth 2019-2030
7.2 North America Magnesium-based Solid Hydrogen Storage Material Market Facts & Figures by Country
7.2.1 North America Magnesium-based Solid Hydrogen Storage Material Sales by Country (2019-2030)
7.2.2 North America Magnesium-based Solid Hydrogen Storage Material Revenue by Country (2019-2030)
7.3 North America Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2024)
7.4 North America Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Facts & Figures by Region
8.2.1 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Sales by Region (2019-2030)
8.2.2 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Revenue by Region (2019-2030)
8.3 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2024)
8.4 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2024)
9 Europe
9.1 Europe Magnesium-based Solid Hydrogen Storage Material Market Size YoY Growth 2019-2030
9.2 Europe Magnesium-based Solid Hydrogen Storage Material Market Facts & Figures by Country
9.2.1 Europe Magnesium-based Solid Hydrogen Storage Material Sales by Country (2019-2030)
9.2.2 Europe Magnesium-based Solid Hydrogen Storage Material Revenue by Country (2019-2030)
9.3 Europe Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2024)
9.4 Europe Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2024)
10 Latin America
10.1 Latin America Magnesium-based Solid Hydrogen Storage Material Market Size YoY Growth 2019-2030
10.2 Latin America Magnesium-based Solid Hydrogen Storage Material Market Facts & Figures by Country
10.2.1 Latin America Magnesium-based Solid Hydrogen Storage Material Sales by Country (2019-2030)
10.2.2 Latin America Magnesium-based Solid Hydrogen Storage Material Revenue by Country (2019-2030)
10.3 Latin America Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2024)
10.4 Latin America Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Market Facts & Figures by Country
11.2.1 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Sales by Country (2019-2030)
11.2.2 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Revenue by Country (2019-2030)
11.3 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Sales by Type (2019-2024)
11.4 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Sales by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Magnesium-based Solid Hydrogen Storage Material Supply Chain Analysis
12.2 Magnesium-based Solid Hydrogen Storage Material Key Raw Materials and Upstream Suppliers
12.3 Magnesium-based Solid Hydrogen Storage Material Clients Analysis
12.4 Magnesium-based Solid Hydrogen Storage Material Sales Channel and Sales Model Analysis
12.4.1 Magnesium-based Solid Hydrogen Storage Material Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Magnesium-based Solid Hydrogen Storage Material Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Magnesium-based Solid Hydrogen Storage Material Distributors
13 Market Dynamics
13.1 Magnesium-based Solid Hydrogen Storage Material Industry Trends
13.2 Magnesium-based Solid Hydrogen Storage Material Market Drivers
13.3 Magnesium-based Solid Hydrogen Storage Material Market Challenges
13.4 Magnesium-based Solid Hydrogen Storage Material Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
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*If Applicable.
