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Liquefied Hydrogen Storage Market Share

Report ID: GMI9755
Published Date: Jun 2024
Report Format: PDF

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Liquefied Hydrogen Storage Market Share

Air Liquide has established itself as a leading player in the Asia Pacific compressed hydrogen energy storage market. This success is due to its robust production capabilities, dedication to technological advancements, and strategic partnerships with leading hydrogen producers. The company's focus on innovation has led to the creation of advanced hydrogen energy storage technologies that cater to the growing demand for high-performance and environmentally sustainable power solutions.

Liquefied Hydrogen Storage Market Companies

Major key players operating in the liquefied hydrogen storage industry include:

Air Liquide
Air Products and Chemicals, Inc.
Cockerill Jingli Compressed hydrogen
ENGIE
FuelCell Energy, Inc.
GKN Compressed Hydrogen
Gravitricity Ltd
ITM Power PLC
Linde plc
McPhy Energy S.A.
Nel ASA
SSE

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of liquefied hydrogen storage was reached USD 2.53 billion in 2023 and will grow at a 9.8% CAGR between 2024 and 2032, due to the increasing global focus on decarbonization and the transition to renewable energy sources.

The industrial segment in the liquefied hydrogen storage market recorded USD 3.45 billion by 2032, driven by its diverse applications, coupled with rising focus on decarbonization initiatives and the transition towards green hydrogen production.

Asia Pacific liquefied hydrogen storage industry will register USD 2.4 billion by 2032, attributed to rapid industrialization, government initiatives and investments in hydrogen infrastructure, coupled with ambitious sustainability goals.

Air Products and Chemicals, Inc., Cockerill Jingli Compressed hydrogen, ENGIE, FuelCell Energy, Inc., GKN Compressed Hydrogen, Gravitricity Ltd, ITM Power PLC, and Linde plc, among others.