Press release
Hydrogen Storage and Distribution Technology Market Research Report 2023
The global Hydrogen Storage and Distribution Technology market was valued at US$ 1397.8 million in 2022 and is anticipated to reach US$ 4337 million by 2029, witnessing a CAGR of 20.8% during the forecast period 2023-2029.
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The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of hydrogen storage and distribution technology include Iljin Hysolus Co., Hexagon Composites, etc. The top 5 companies hold a share about 22%. Europe is the largest market, with a share about 34%, followed by North America and Asia Pacific with the share about 28% and 27%.In terms of product, compressed gas is the largest segment, with a share over 60%. And in terms of application, the largest application is chemical, followed by new energy automobile.
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By Type
• Compressed Gas
• Cold Compressed Liquid Hydrogen
• Solid Compound Hydrogen Storage and Distribution
• Organic Liquid Hydrogen Storage and Distribution
By Application
• New Energy Automobile
• Aerospace
• Chemical
Key Players
Iljin Hysolus, Iwatani, The Japan Steel Works, Chart Industries, Toyota, Gardner Cryogenics, Faurecia, Hexagon Composites, CLD, Faber Industrie, Jiangsu Guofu Hydrogen Energy Equipment, Kawasaki, PRAGMA INDUSTRIES, Whole Win (Beijing) Materials Sci. & Tech, Hydrogenious Technologies, Chiyoda Corporation, Hynertech Co Ltd
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