Japan Hydrogen Storage Market is expected to reach US$ 9.4 billion by 2032 | Major Companies - Linde plc, Air Liquide, H Bank Technology Inc., Hexagon Composites ASA.

Market Size and Growth:

The Global Hydrogen Storage Market size reached US$ 2.4 billion in 2024 and is expected to reach US$ 8.05 billion by 2032, growing with a CAGR of 20% during the forecast period 2025-2032.

The Hydrogen Storage Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Hydrogen Storage Market refers to technologies, systems, and solutions used to store hydrogen safely and efficiently in gaseous, liquid, or solid forms. It supports hydrogen production, transportation, and end-use across energy, mobility, industrial, and power generation sectors, enabling large-scale adoption of hydrogen as a clean, low-carbon energy carrier worldwide.

Recent Key Developments of Japan:

October 2025: Green Hydrogen Park Hakushu launch:

Japan launched its largest green hydrogen facility in Yamanashi Prefecture, producing 2,200 tonnes annually with integrated storage solutions for industrial use at Suntory plants, reducing CO2 by 16,000 tonnes yearly. Partners like Siemens Energy and TEPCO are optimizing storage for scalability through 2026.​

November 2025: Kawasaki LH2 Terminal groundbreaking:

✅ Kawasaki Heavy Industries and Japan Suiso Energy broke ground on Japan's first large-scale liquid hydrogen terminal in Ogishima, featuring a 50,000m3 storage tank the world's largest for imports starting 2030. The site includes liquefaction and bunkering to support domestic distribution.​

September 2025: FRP tanks for LH2 transport tested:

✅ A Japanese shipbuilding consortium tested fiber-reinforced plastic (FRP) tanks for liquid hydrogen shipping, enhancing storage efficiency for maritime transport. This aligns with Japan's hydrogen import strategy.​

Recent Key Developments of Europe:

November 2025: H2med hydrogen backbone progress:

✅ The H2med corridor advanced as part of the European Hydrogen Backbone, enabling transport of 2 million tonnes of hydrogen yearly by 2032 across Spain, France, Germany, and Portugal. It links production in southern Europe to northern consumption centers with storage infrastructure.​

November 2025: EWE hydrogen storage PCI status:

✅ Germany's EWE AG received EU Project of Common Interest (PCI) status for a major hydrogen storage project, accelerating funding and deployment. This supports grid stability amid renewable integration.​

October 2025: Hydrogen Compass project milestones:

✅ European developers achieved progress in hydrogen storage via electrolysis plants and infrastructure in Germany, UK, Portugal, and Spain, despite policy challenges. Refinery decarbonization and e-fuel projects highlighted storage advancements.​

List of the Key Players in the Hydrogen Storage Market:

Linde plc
Air Liquide
H Bank Technology Inc.
Hexagon Composites ASA
Cella Energy Limited
Praxair Technology Inc.
VRV SPA
Pragma Industries
Eutectix LLC
McPhy Energy SA

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Hydrogen Storage Market:

By Type: Physical-Based storage, Material-Based Storage.

By Application: Transportation, Chemicals, Oil refining, Metal Working.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Hydrogen Storage market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Hydrogen Storage Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Hydrogen Storage market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Hydrogen Storage Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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