Hydrogen Storage Tanks and Transportation Market Size, Share, and Trends 2024 to 2034

The global hydrogen storage tanks and transportation market size is calculated at USD 540 million in 2025 and is forecasted to reach around USD 15,810 million by 2034, accelerating at a CAGR of 45.57% from 2025 to 2034. The Asia Pacific hydrogen storage tanks and transportation market size surpassed USD 226.80 million in 2025 and is expanding at a CAGR of 45.74% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 3734
  • Category : Transport and Logistics

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Hydrogen Storage Tanks and Transportation Market 

5.1. COVID-19 Landscape: Hydrogen Storage Tanks and Transportation Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Hydrogen Storage Tanks and Transportation Market, By Material

8.1. Hydrogen Storage Tanks and Transportation Market, by Material

8.1.1. Metals

8.1.1.1. Market Revenue and Forecast

8.1.2. Glass Fibers

8.1.2.1. Market Revenue and Forecast

8.1.3. Carbon Fibers

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Hydrogen Storage Tanks and Transportation Market, By Pressure

9.1. Hydrogen Storage Tanks and Transportation Market, by Pressure

9.1.1. Below 200 bar

9.1.1.1. Market Revenue and Forecast

9.1.2. 200 - 500 bar

9.1.2.1. Market Revenue and Forecast

9.1.3. Above 500 bar

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Hydrogen Storage Tanks and Transportation Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Material

10.1.2. Market Revenue and Forecast, by Pressure

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Material

10.1.3.2. Market Revenue and Forecast, by Pressure

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Material

10.1.4.2. Market Revenue and Forecast, by Pressure

10.2. Europe

10.2.1. Market Revenue and Forecast, by Material

10.2.2. Market Revenue and Forecast, by Pressure

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Material

10.2.3.2. Market Revenue and Forecast, by Pressure

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Material

10.2.4.2. Market Revenue and Forecast, by Pressure

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Material

10.2.5.2. Market Revenue and Forecast, by Pressure

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Material

10.2.6.2. Market Revenue and Forecast, by Pressure

10.3. APAC

10.3.1. Market Revenue and Forecast, by Material

10.3.2. Market Revenue and Forecast, by Pressure

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Material

10.3.3.2. Market Revenue and Forecast, by Pressure

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Material

10.3.4.2. Market Revenue and Forecast, by Pressure

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Material

10.3.5.2. Market Revenue and Forecast, by Pressure

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Material

10.3.6.2. Market Revenue and Forecast, by Pressure

10.4. MEA

10.4.1. Market Revenue and Forecast, by Material

10.4.2. Market Revenue and Forecast, by Pressure

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Material

10.4.3.2. Market Revenue and Forecast, by Pressure

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Material

10.4.4.2. Market Revenue and Forecast, by Pressure

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Material

10.4.5.2. Market Revenue and Forecast, by Pressure

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Material

10.4.6.2. Market Revenue and Forecast, by Pressure

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Material

10.5.2. Market Revenue and Forecast, by Pressure

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Material

10.5.3.2. Market Revenue and Forecast, by Pressure

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Material

10.5.4.2. Market Revenue and Forecast, by Pressure

Chapter 11. Company Profiles

11.1. Linde plc

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Air Products and Chemicals, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. NPROXX

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Hexagon Purus

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Worthington Industries

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Luxfer Holdings PLC

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. McPhy Energy S.A.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Chart Industries, Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Plug Power Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Praxair, Inc. (now part of Linde plc)

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global hydrogen storage tanks and transportation market size is expected to increase USD 15,810 Million by 2034 from USD 370 Million in 2024.

The global hydrogen storage tanks and transportation market will register growth rate of 45.57% between 2025 and 2034.

The major players operating in the hydrogen storage tanks and transportation market are Linde plc, Air Products and Chemicals, Inc., NPROXX, Hexagon Purus, Worthington Industries, Luxfer Holdings PLC, McPhy Energy S.A., Chart Industries, Inc., Plug Power Inc. Praxair, Inc., VRV S.p.A., HBank Technologies Inc., Quantum Fuel Systems LLC, Holtec International, Cella Energy Limited, and Others.

The driving factors of the hydrogen storage tanks and transportation market are the Linde plc, Air Products and Chemicals, Inc., NPROXX, Hexagon Purus, Worthington Industries, Luxfer Holdings PLC, McPhy Energy S.A., Chart Industries, Inc., Plug Power Inc. Praxair, Inc., VRV S.p.A., HBank Technologies Inc., Quantum Fuel Systems LLC, Holtec International, Cella Energy Limited, and Others.

Asia-Pacific region will lead the global hydrogen storage tanks and transportation market during the forecast period 2025 to 2034.

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