Global Carbon Composite Hydrogen Tank Market Insights, Forecast to 2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Packaging
Publisher : MRA | Format : PDF
Global Carbon Composite Hydrogen Tank Market Insights, Forecast to 2034
Hydrogen can be physically stored in gaseous form or liquid form. In gaseous form, hydrogen is stored in high-pressure tanks under 350-700 bar of working pressure. Carbon composite hydrogen tanks include type III and Type IV tanks, made by using carbon fiber. Type III tank has a metal liner (aluminum or steel) with a full-composite overwrap, whereas Type IV is a complete carbon fiber made tank having an inner liner made of polyamide or polyethylene plastic.
Global Carbon Composite Hydrogen Tank market is expected to reach to US$ 468 million in 2023, with a positive growth of %, compared with US$ 433 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Carbon Composite Hydrogen Tank industry is evaluated to reach US$ 759.3 million in 2029. The CAGR will be 8.4% during 2023 to 2029.
In 2022, geopolitical risks triggered by the Ukraine crisis became the main trigger for the restructuring of the global natural gas market landscape. Against the backdrop of European, American and Russian sanctions and counter-sanctions, global natural gas prices soared significantly, and the natural gas market landscape was fundamentally altered. In 2022, Russia's pipeline gas deliveries to Europe declined by about 53%, with actual exports amounting to about 60 billion cubic meters. To compensate for the decline in pipeline gas imports, Europe has increased its procurement of liquefied natural gas (LNG). Shell's Liquefied Natural Gas (LNG) Outlook Report states that European countries, including the UK, imported 121 million tons of LNG in 2022, an increase of about 60% year-on-year, with incremental LNG imports into Europe coming mainly from the US and Qatar. The increasingly fierce global competition for LNG resources has further pushed up gas prices in Europe. In 2022, the world's top 3 LNG exporters are Qatar, Australia and the United States. Among them, U.S. LNG exports increased by 5.9% year-on-year, the highest increase in global exports.
Report Covers
This report presents an overview of global Carbon Composite Hydrogen Tank market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Carbon Composite Hydrogen Tank market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
Iljin Composites
Toyota Motor Corporation
Hexagon Composites
Luxfer Holdings
Worthington Industries
Quantum Fuel Systems
NPROXX
Faber Industrie
Steelhead Composites
Faurecia
Segment by Type
Type III
Type IV
Transportation
Gas Storage and Distribution
Others
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Carbon Composite Hydrogen Tank plant distribution, commercial date of Carbon Composite Hydrogen Tank, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Carbon Composite Hydrogen Tank introduction, etc. Carbon Composite Hydrogen Tank Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14MRAResearch’s Conclusions of Carbon Composite Hydrogen Tank
Chapter 15Methodology and Data Sources adopted by MRAResearch
Global Carbon Composite Hydrogen Tank market is expected to reach to US$ 468 million in 2023, with a positive growth of %, compared with US$ 433 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Carbon Composite Hydrogen Tank industry is evaluated to reach US$ 759.3 million in 2029. The CAGR will be 8.4% during 2023 to 2029.
In 2022, geopolitical risks triggered by the Ukraine crisis became the main trigger for the restructuring of the global natural gas market landscape. Against the backdrop of European, American and Russian sanctions and counter-sanctions, global natural gas prices soared significantly, and the natural gas market landscape was fundamentally altered. In 2022, Russia's pipeline gas deliveries to Europe declined by about 53%, with actual exports amounting to about 60 billion cubic meters. To compensate for the decline in pipeline gas imports, Europe has increased its procurement of liquefied natural gas (LNG). Shell's Liquefied Natural Gas (LNG) Outlook Report states that European countries, including the UK, imported 121 million tons of LNG in 2022, an increase of about 60% year-on-year, with incremental LNG imports into Europe coming mainly from the US and Qatar. The increasingly fierce global competition for LNG resources has further pushed up gas prices in Europe. In 2022, the world's top 3 LNG exporters are Qatar, Australia and the United States. Among them, U.S. LNG exports increased by 5.9% year-on-year, the highest increase in global exports.
Report Covers
This report presents an overview of global Carbon Composite Hydrogen Tank market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Carbon Composite Hydrogen Tank market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
By Company
Iljin Composites
Toyota Motor Corporation
Hexagon Composites
Luxfer Holdings
Worthington Industries
Quantum Fuel Systems
NPROXX
Faber Industrie
Steelhead Composites
Faurecia
Segment by Type
Type III
Type IV
Segment by Application
Transportation
Gas Storage and Distribution
Others
Segment by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Carbon Composite Hydrogen Tank plant distribution, commercial date of Carbon Composite Hydrogen Tank, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Carbon Composite Hydrogen Tank introduction, etc. Carbon Composite Hydrogen Tank Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14MRAResearch’s Conclusions of Carbon Composite Hydrogen Tank
Chapter 15Methodology and Data Sources adopted by MRAResearch