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.
The global Carbon Composite Hydrogen Tank market was valued at US$ 433 million in 2023 and is anticipated to reach US$ 759.3 million by 2030, witnessing a CAGR of 8.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Carbon Composite Hydrogen Tank, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Composite Hydrogen Tank.
Report Scope
The Carbon Composite Hydrogen Tank market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Carbon Composite Hydrogen Tank market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Carbon Composite Hydrogen Tank manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Carbon Composite Hydrogen Tank manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Carbon Composite Hydrogen Tank in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Carbon Composite Hydrogen Tank Market Overview
1.1 Product Overview and Scope of Carbon Composite Hydrogen Tank
1.2 Carbon Composite Hydrogen Tank Segment by Type
1.2.1 Global Carbon Composite Hydrogen Tank Market Value Comparison by Type (2024-2030)
1.2.2 Type III
1.2.3 Type IV
1.3 Carbon Composite Hydrogen Tank Segment by Application
1.3.1 Global Carbon Composite Hydrogen Tank Market Value by Application: (2024-2030)
1.3.2 Transportation
1.3.3 Gas Storage and Distribution
1.3.4 Others
1.4 Global Carbon Composite Hydrogen Tank Market Size Estimates and Forecasts
1.4.1 Global Carbon Composite Hydrogen Tank Revenue 2019-2030
1.4.2 Global Carbon Composite Hydrogen Tank Sales 2019-2030
1.4.3 Global Carbon Composite Hydrogen Tank Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Carbon Composite Hydrogen Tank Market Competition by Manufacturers
2.1 Global Carbon Composite Hydrogen Tank Sales Market Share by Manufacturers (2019-2024)
2.2 Global Carbon Composite Hydrogen Tank Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Carbon Composite Hydrogen Tank Average Price by Manufacturers (2019-2024)
2.4 Global Carbon Composite Hydrogen Tank Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Carbon Composite Hydrogen Tank, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Carbon Composite Hydrogen Tank, Product Type & Application
2.7 Carbon Composite Hydrogen Tank Market Competitive Situation and Trends
2.7.1 Carbon Composite Hydrogen Tank Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Carbon Composite Hydrogen Tank Players Market Share by Revenue
2.7.3 Global Carbon Composite Hydrogen Tank Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Carbon Composite Hydrogen Tank Retrospective Market Scenario by Region
3.1 Global Carbon Composite Hydrogen Tank Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Carbon Composite Hydrogen Tank Global Carbon Composite Hydrogen Tank Sales by Region: 2019-2030
3.2.1 Global Carbon Composite Hydrogen Tank Sales by Region: 2019-2024
3.2.2 Global Carbon Composite Hydrogen Tank Sales by Region: 2025-2030
3.3 Global Carbon Composite Hydrogen Tank Global Carbon Composite Hydrogen Tank Revenue by Region: 2019-2030
3.3.1 Global Carbon Composite Hydrogen Tank Revenue by Region: 2019-2024
3.3.2 Global Carbon Composite Hydrogen Tank Revenue by Region: 2025-2030
3.4 North America Carbon Composite Hydrogen Tank Market Facts & Figures by Country
3.4.1 North America Carbon Composite Hydrogen Tank Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Carbon Composite Hydrogen Tank Sales by Country (2019-2030)
3.4.3 North America Carbon Composite Hydrogen Tank Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Carbon Composite Hydrogen Tank Market Facts & Figures by Country
3.5.1 Europe Carbon Composite Hydrogen Tank Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Carbon Composite Hydrogen Tank Sales by Country (2019-2030)
3.5.3 Europe Carbon Composite Hydrogen Tank Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Carbon Composite Hydrogen Tank Market Facts & Figures by Country
3.6.1 Asia Pacific Carbon Composite Hydrogen Tank Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Carbon Composite Hydrogen Tank Sales by Country (2019-2030)
3.6.3 Asia Pacific Carbon Composite Hydrogen Tank Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Carbon Composite Hydrogen Tank Market Facts & Figures by Country
3.7.1 Latin America Carbon Composite Hydrogen Tank Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Carbon Composite Hydrogen Tank Sales by Country (2019-2030)
3.7.3 Latin America Carbon Composite Hydrogen Tank Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Carbon Composite Hydrogen Tank Market Facts & Figures by Country
3.8.1 Middle East and Africa Carbon Composite Hydrogen Tank Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Carbon Composite Hydrogen Tank Sales by Country (2019-2030)
3.8.3 Middle East and Africa Carbon Composite Hydrogen Tank Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Carbon Composite Hydrogen Tank Sales by Type (2019-2030)
4.1.1 Global Carbon Composite Hydrogen Tank Sales by Type (2019-2024)
4.1.2 Global Carbon Composite Hydrogen Tank Sales by Type (2025-2030)
4.1.3 Global Carbon Composite Hydrogen Tank Sales Market Share by Type (2019-2030)
4.2 Global Carbon Composite Hydrogen Tank Revenue by Type (2019-2030)
4.2.1 Global Carbon Composite Hydrogen Tank Revenue by Type (2019-2024)
4.2.2 Global Carbon Composite Hydrogen Tank Revenue by Type (2025-2030)
4.2.3 Global Carbon Composite Hydrogen Tank Revenue Market Share by Type (2019-2030)
4.3 Global Carbon Composite Hydrogen Tank Price by Type (2019-2030)
5 Segment by Application
5.1 Global Carbon Composite Hydrogen Tank Sales by Application (2019-2030)
5.1.1 Global Carbon Composite Hydrogen Tank Sales by Application (2019-2024)
5.1.2 Global Carbon Composite Hydrogen Tank Sales by Application (2025-2030)
5.1.3 Global Carbon Composite Hydrogen Tank Sales Market Share by Application (2019-2030)
5.2 Global Carbon Composite Hydrogen Tank Revenue by Application (2019-2030)
5.2.1 Global Carbon Composite Hydrogen Tank Revenue by Application (2019-2024)
5.2.2 Global Carbon Composite Hydrogen Tank Revenue by Application (2025-2030)
5.2.3 Global Carbon Composite Hydrogen Tank Revenue Market Share by Application (2019-2030)
5.3 Global Carbon Composite Hydrogen Tank Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Iljin Composites
6.1.1 Iljin Composites Corporation Information
6.1.2 Iljin Composites Description and Business Overview
6.1.3 Iljin Composites Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Iljin Composites Carbon Composite Hydrogen Tank Product Portfolio
6.1.5 Iljin Composites Recent Developments/Updates
6.2 Toyota Motor Corporation
6.2.1 Toyota Motor Corporation Corporation Information
6.2.2 Toyota Motor Corporation Description and Business Overview
6.2.3 Toyota Motor Corporation Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Toyota Motor Corporation Carbon Composite Hydrogen Tank Product Portfolio
6.2.5 Toyota Motor Corporation Recent Developments/Updates
6.3 Hexagon Composites
6.3.1 Hexagon Composites Corporation Information
6.3.2 Hexagon Composites Description and Business Overview
6.3.3 Hexagon Composites Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Hexagon Composites Carbon Composite Hydrogen Tank Product Portfolio
6.3.5 Hexagon Composites Recent Developments/Updates
6.4 Luxfer Holdings
6.4.1 Luxfer Holdings Corporation Information
6.4.2 Luxfer Holdings Description and Business Overview
6.4.3 Luxfer Holdings Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Luxfer Holdings Carbon Composite Hydrogen Tank Product Portfolio
6.4.5 Luxfer Holdings Recent Developments/Updates
6.5 Worthington Industries
6.5.1 Worthington Industries Corporation Information
6.5.2 Worthington Industries Description and Business Overview
6.5.3 Worthington Industries Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Worthington Industries Carbon Composite Hydrogen Tank Product Portfolio
6.5.5 Worthington Industries Recent Developments/Updates
6.6 Quantum Fuel Systems
6.6.1 Quantum Fuel Systems Corporation Information
6.6.2 Quantum Fuel Systems Description and Business Overview
6.6.3 Quantum Fuel Systems Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Quantum Fuel Systems Carbon Composite Hydrogen Tank Product Portfolio
6.6.5 Quantum Fuel Systems Recent Developments/Updates
6.7 NPROXX
6.6.1 NPROXX Corporation Information
6.6.2 NPROXX Description and Business Overview
6.6.3 NPROXX Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.4.4 NPROXX Carbon Composite Hydrogen Tank Product Portfolio
6.7.5 NPROXX Recent Developments/Updates
6.8 Faber Industrie
6.8.1 Faber Industrie Corporation Information
6.8.2 Faber Industrie Description and Business Overview
6.8.3 Faber Industrie Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Faber Industrie Carbon Composite Hydrogen Tank Product Portfolio
6.8.5 Faber Industrie Recent Developments/Updates
6.9 Steelhead Composites
6.9.1 Steelhead Composites Corporation Information
6.9.2 Steelhead Composites Description and Business Overview
6.9.3 Steelhead Composites Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Steelhead Composites Carbon Composite Hydrogen Tank Product Portfolio
6.9.5 Steelhead Composites Recent Developments/Updates
6.10 Faurecia
6.10.1 Faurecia Corporation Information
6.10.2 Faurecia Description and Business Overview
6.10.3 Faurecia Carbon Composite Hydrogen Tank Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Faurecia Carbon Composite Hydrogen Tank Product Portfolio
6.10.5 Faurecia Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Carbon Composite Hydrogen Tank Industry Chain Analysis
7.2 Carbon Composite Hydrogen Tank Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Carbon Composite Hydrogen Tank Production Mode & Process
7.4 Carbon Composite Hydrogen Tank Sales and Marketing
7.4.1 Carbon Composite Hydrogen Tank Sales Channels
7.4.2 Carbon Composite Hydrogen Tank Distributors
7.5 Carbon Composite Hydrogen Tank Customers
8 Carbon Composite Hydrogen Tank Market Dynamics
8.1 Carbon Composite Hydrogen Tank Industry Trends
8.2 Carbon Composite Hydrogen Tank Market Drivers
8.3 Carbon Composite Hydrogen Tank Market Challenges
8.4 Carbon Composite Hydrogen Tank Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Iljin Composites
Toyota Motor Corporation
Hexagon Composites
Luxfer Holdings
Worthington Industries
Quantum Fuel Systems
NPROXX
Faber Industrie
Steelhead Composites
Faurecia
*If Applicable.