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Market value of hydrogen storage tanks worldwide from 2021 to 2023, with a forecast until 2031, by container type

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Source

Release date

March 2024

Region

Worldwide

Survey time period

2023

Supplementary notes

* Forecast figures from 2024 onward.

Container type classified as follows:
Type I - cylinders made of metal and metallic liner.
Type II - metal cylinders and metallic liner with additional outer layer to allow for higher pressure compared to type I.
Type III - metal cylinders and reduced metallic liner where outer layers carry pressure load.
Type IV - cylinders with non-metallic inner liner and carbon fiber outer layer, lighter than metal cylinders and thus often used for automotive application.

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Global hydrogen storage tanks market value 2021-2031, by type

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