openPR Logo
Press release

Automotive Hydrogen Storage Tank Market Top Key Players- Worthington Industries inc., Luxfer Group, Hexagon Composites ASA, Quantum Fuel Systems LLC, Praxair Technologies Inc., Avanco Group, Xinyi Beijing Tianhai Industry Co Ltd, Lianyungang Zhongfu Lianz

01-07-2022 08:18 AM CET | Industry, Real Estate & Construction

Press release from: Mobility Foresights

Automotive Hydrogen Storage Tank Market Top Key Players-

The Hydrogen and Fuel Cell Technology Authority (HFTO) is developing an on-vehicle hydrogen storage system that can travel over 300 miles while meeting cost, safety and performance standards.

Hydrogen storage is an important factor driving the development of hydrogen and fuel cell technology for applications such as fixed energy, portable energy and mobility.

Hydrogen has the highest energy density by mass of any fuel. However, due to the low density of the environment, the energy density per unit volume is low, so it is necessary to develop a new storage technology that can increase the energy density.

High density hydrogen garage is an issue for constant and transportable applications, and it remains a main barrier for automobile applications. The modern-day garage strategies commonly want large-quantity gadgets that save hydrogen in gaseous form. This is much less of a trouble in commercial applications, in which the quantity of compressed fuel line tanks is much less important.

Request for Sample@


However, fuel cell vehicles need enough hydrogen to travel more than 300 miles and recharge the vehicle quickly and economically. There are many FCEVs in this range on the market, but these vehicles rely on built-in compressed gas storage in the form of large nanocomposite vessels. Mass storage may not be an issue for large vehicles, but ensuring adequate hydrogen storage on all lightweight platforms remains a challenge.

The hydrogen car is similar to an electric car. They have an electric motor that drives the wheels like an electric car, but the difference is in the battery.

Hydrogen cars are more popular in countries like Korea and Japan. In each country, individual governments provide subsidies for these vehicles and finance the necessary infrastructure.

The State of California also provides incentives for the use of fuel cell vehicles in the United States. In today's world, hydrogen cars may be a green solution, but experts believe that electric cars should be more environmentally friendly than cars because hydrogen is generated from a rare gas source and has to use fossil fuels, while electric cars rely on battery power Hydrogen.


The Global Automotive Hydrogen Storage Tank Market can be segmented into following categories for further analysis.

Automotive Hydrogen Storage Tank Market By Type

• Tow Vehicle
• Unit Load Carrier
• Pallet Truck
• Forklift Truck
• Hybrid Vehicles
• Others

Automotive Hydrogen Storage Tank Market By Vehicle Classification Type

• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Automotive Hydrogen Storage Tank Market By Technology Focus Type

• Metal Storage Tank
• Carbon fibre Storage Tank
• Glass fibre Storage Tank

Automotive Hydrogen Storage Tank Market By Technological Usage Type

• IC Engine Usage
• Hybrid Propulsion Engine Usage

Automotive Hydrogen Storage Tank Market By Regional Classification

• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region


Additionally, each hydrogen tank must demonstrate its ability to withstand external mechanical stress, such as an accident. In this case, there will be no gas leaks even in the storage tank.

Another advantage of this fuel is that hydrogen can be highly compressed to save space. As a result, 1 kg of gas contains about three times more energy than 1 kg of crude oil. Hydrogen cars currently on the market have a mileage of about 500 km.

Worthington Industries is innovating the latest technology integration to meet the market demand for hydrogen storage tanks. The Type III hydrogen composite tank has an aluminum case fully covered with aerospace epoxy coated carbon fiber.


• Worthington Industries inc.
• Luxfer Group
• Hexagon Composites ASA
• Quantum Fuel Systems LLC
• Praxair Technologies Inc.
• Avanco Group
• Xinyi Beijing Tianhai Industry Co Ltd
• Lianyungang Zhongfu Lianzhong Composites Group Co Ltd
• Faber Industries SPA

Read More Information:

Related Links

Hydrogen Fueling Station Market:

Hydrogen Fuel Cell Vehicle Market:

Hydrogen Rail Vehicle Market:

Hydrogen Boat Market:

Hydrogen Aircraft Market:

Hydrogen Taxi Market:

Europe Hydrogen Vehicle Market:

Automotive Fuel Cell Market:

Fuel Cell Commercial Vehicle Market:

CNG Fuel Market:

LPG Fuel Market:

Gasoline Fuel Market:

LNG Fuel Market:

Diesel Fuel Market:

Aviation Fuel Market:

Automotive Fuel Tank Market:

Automotive Fuel Injection System Market:

Construction Equipment Fuel Tank Market:

Tractor Fuel Tank Market:

Automotive Plastic Fuel Tank Market:

Company Name:
Contact Person: Kunal Roy
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Hydrogen Storage Tank Market Top Key Players- Worthington Industries inc., Luxfer Group, Hexagon Composites ASA, Quantum Fuel Systems LLC, Praxair Technologies Inc., Avanco Group, Xinyi Beijing Tianhai Industry Co Ltd, Lianyungang Zhongfu Lianz here

News-ID: 2520171 • Views: 467

More Releases from Mobility Foresights

Global EV Ride Hailing Market Top Key Players- Uber, Arrival, Lyft, Blue Smart M …
Transportation-hailing is the act of a customer booking a personalised trip via the internet, usually through a mobile application. It's essentially the same as a taxi service. A ride-hailing firm, which functions as a mediator between the driver and the passenger, is requested by the customer. The most well-known intermediates are Uber and Lyft. Unlike ridesharing, the motorist normally does not take any breaks between the starting point and the destination. Clients
Level 2 ADAS Market Top Key Players- Audi AG, BMW, Daimler AG, Toyota Corporatio …
The Society of Automotive Engineers (SAE) created a classification system that defines the level of operating mechanisation a car and its technology can provide, in order to develop agreed-upon criteria quickly in the transition to automated autos. Beginning with autos that lack this feature and ending with entirely self-driving vehicles, the automotive mechanisation spectrum spans zero to five levels. Request for Sample@ GLOBAL LEVEL 2 ADAS MARKET DYNAMICS Level 2 automated driving encompasses
800 V EV Components Market Top Key Players- Borg Warner Inc., Robert Bosch, Cont …
Load voltages of 400 V are used in modern electric cars, resulting in load currents of a few hundred amps. Large and heavy electric components, like as relays and fuses, are required to transfer such currents and are difficult to compact in a battery pack. As a result, automakers are proposing to use voltage levels of up to 800 V in commercial applications to reduce power dissipation and limit energy
Electric Vehicle Machine Tools Market Top Key Players- Doosan Corporation, AMADA …
Any stationary power-driven machine used to shape or mould metal and maybe other components is referred to as a machining tool. Shapes are created in four ways: removing extra material in the form of blocks, shredding the component, compressing metallic parts to the desired shape, and administering current, ultrasonic, or caustic substances to the material. Modern machine tools can cut or mould items to one tenth of an inch tolerances,

All 5 Releases

More Releases for Hydrogen

Hydrogen as a fuel
An open road ahead for the fuel cell: The first high-precision mass flow meter for hydrogen filling stations certified to international standard OIML R 139 2018 On the road to climate-friendlier mobility, hydrogen is gaining importance as an energy source for fuel cells. However, fueling of hydrogen is more complex than fueling of gasoline and diesel. Unlike other gases, hydrogen heats up as it expands, causing pressure and temperature changes during
Global Hydrogen Electrolyzer Market to 2025| Nel Hydrogen, McPhy, Hydrogenics, T …
Researchmoz added Most up-to-date research on "Global Hydrogen Electrolyzer Market Insights, Forecast to 2025" to its huge collection of research reports. Hydrogen, used across various industrial applications such as chemicals, electronics, glass, etc., is produced both as a principal product and a by-product. More than 90% of total hydrogen demand across the globe depends upon fossil fuel based resources. Only a small fraction of this demand is met by hydrogen produced
Global Hydrogen Market: Competitive Assessment
Understanding several aspects of the global hydrogen market, Persistence Market Research has presented a well-structured analysis various trends, opportunities, challenges, restraints and growth drivers influencing the global market in its latest insightful research publication titled “Hydrogen Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” Several aspects of the market are assessed across important regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa. The exhaustive research
Hydrogen Analyzer Global Market Research Report 2018
GET SAMPLE REPORT @ Hydrogen Analyzer Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Hydrogen Analyzer basics: definitions, classifications, applications and market overview; product specifications;
Hydrogen Generator Market
Transparency Market Research has released a new market report titled Hydrogen Generator Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 – 2024. According to this report, the global hydrogen generator market revenue for stood at US$ 792.44 Mn in 2015 and is expected to reach US$ 1,255.76 Mn by 2024 at a CAGR of 5.25% from 2016 to 2024. Browse the full Hydrogen Generator Market By Product
Hydrogen Market to Remain Lucrative by 2021
Growing secondary end-user industries and increasing use of hydrogen in refinery hydro-processing are some of the major factors fuelling the growth of the hydrogen market for hydrogen fuel cell vehicles. Since the hydrogen is used in petroleum refining processes, the industry is impacted by unstable growth of the latter. However, increasing demand for clean transportation (the reason for unstable growth of petroleum refining industries) is supporting growth of the hydrogen