Hydrogen Tank Material Market
PUBLISHED: 2023 ID: SMRC23894
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Hydrogen Tank Material Market

Hydrogen Tank Material Market Forecasts to 2030 - Global Analysis By Material Type (Metal, Carbon Fiber, Glass Fiber and Other Material Types), Tank Type (Tank 1, Tank 2, Tank 3, Tank 4 and Other Tank Types), Size (Below 100 litres, Between 100 and 1000 litres, Above 1000 litres and Other Sizes), End User (Automotive, Transportation, Industrial, Chemicals, Medical & Pharmaceuticals and Other End Users) and By Geography

4.1 (49 reviews)
4.1 (49 reviews)
Published: 2023 ID: SMRC23894

This report covers the impact of COVID-19 on this global market
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Years Covered

2021-2030

Estimated Year Value (2023)

US $953.0 MN

Projected Year Value (2030)

US $3,556.7 MN

CAGR (2023 - 2030)

20.7%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

North America


According to Stratistics MRC, the Global Hydrogen Tank Material Market is accounted for $953.0 million in 2023 and is expected to reach $3,556.7 million by 2030 growing at a CAGR of 20.7% during the forecast period. Due to the limitless supply, absence of greenhouse gas emissions, and high energy efficiency, hydrogen has been identified as the best option for the future energy sector. The creation of lighter, more efficient tanks with greater hydrogen storage capacity is made possible by advances in materials science and technology. As a result of industry investments and partnerships spurred by this trend, new tank materials are now being commercialized, and the hydrogen economy is growing. Moreover, infrastructure development is crucial in helping to support the widespread adoption of hydrogen as an energy source.

According to the Hydrogen Roadmap Europe prepared for the Fuel Cells and Hydrogen Joint Undertaking, by 2030, FCEVs could account for 1 in 22 passenger vehicles, 1 in 12 light commercial vehicles, 45,000 trucks and buses, 570 trains, and 3,700 hydrogen fuelling stations in Europe.



Market Dynamics:

Driver:

Increasing interest in hydrogen as a source of clean energy

Hydrogen’s adaptability as an energy source which enables it to supplement intermittent renewable energy sources and decarbonizes challenging-to-abate industries like aviation and heavy industry, is a factor in its rising popularity. Moreover, the development of hydrogen technologies, such as fuel cells and electrolyzers, is the main focus of research and development, which in turn fuels the demand for reliable hydrogen storage options.

Restraint:

High costs of manufacturing

The relatively high manufacturing costs associated with cutting-edge materials like carbon fiber-reinforced composites are one of the main barriers in the hydrogen tank material market. Additionally, manufacturers of hydrogen tanks incur additional costs as a result of the precise and specialized equipment needed for the production of these materials. Making hydrogen technology more cost-competitive requires a reduction in these expenses.

Opportunity:

Modernizations in material science

The market for hydrogen tank materials is presented with a sizable opportunity due to ongoing advances in material science. Innovative materials that promise to be stronger, lighter and more long-lasting hydrogen storage solutions are being developed by researchers nonstop. However, one of the factors influencing their adoption, particularly in the transportation industry, is their potential to reduce the weight and enhance the safety of hydrogen tanks. Examples of these materials include carbon fiber-reinforced composites.

Threat:

Durability and material compatibility

The durability and efficiency of hydrogen tanks can be impacted by the ability of hydrogen to permeate some materials, which can result in embrittlement and degradation. However, in order to find and engineer materials that can withstand prolonged exposure to hydrogen while maintaining structural integrity and safety, research and development efforts in this area are ongoing.

Covid-19 Impact:

The market for hydrogen tank materials was significantly impacted by the COVID-19 pandemic. While the initial outbreak caused delays in manufacturing, supply chain disruptions, and temporary project suspensions, it also brought attention to the significance of resilient and sustainable energy solutions. The hydrogen industry has attracted new attention as nations and sectors evaluate their energy strategies in the wake of the crisis as a potential engine for economic recovery and the green transition. Moreover, funding for hydrogen-related projects was allocated by regional government’s stimulus and recovery plans, providing chances for the market to expand, particularly in areas like renewable energy integration, transportation, and industrial decarbonisation.

The Carbon Fiber segment is expected to be the largest during the forecast period

In terms of hydrogen tank materials, the carbon fiber segment is anticipated to have the largest share in the market. Since they combine high strength, low weight, and excellent resistance to hydrogen embrittlement, carbon fiber-reinforced composites are the material of choice for producing strong, lightweight hydrogen storage tanks. However, they make it possible to store and deliver hydrogen safely, carbon fiber-reinforced hydrogen tanks also significantly contribute to encouraging the adoption of hydrogen technology, particularly in the transportation industry. This helps the hydrogen economy expand.

The Automotive segment is expected to have the highest CAGR during the forecast period

The hydrogen tank material market has been projected to grow at the highest CAGR in the automotive sector. This is primarily caused by the growing demand for hydrogen fuel cell vehicles (FCVs) as an eco-friendly and emission-free mode of transportation. In order to provide longer ranges and quicker refueling times than battery electric vehicles, hydrogen tanks play a crucial role in fuel cell vehicles (FCVs). Moreover, governments all over the world are placing a strong emphasis on reducing greenhouse gas emissions and promoting hydrogen infrastructure, and the automotive industry's growing commitment to hydrogen technology is likely to fuel a significant increase in demand for advanced hydrogen tank materials, like carbon fiber-reinforced composites, in order to meet the needs of a growing FCV market.

Region with largest share:

Asia-Pacific holds the largest market share for hydrogen tank materials. Several factors, including strong government initiatives promoting hydrogen adoption, particularly in nations like Japan and South Korea, are responsible for this dominance. To advance hydrogen fuel cell vehicle (FCV) technology, these countries have made significant investments in hydrogen infrastructure and are cultivating partnerships with automakers. Additionally, China's ambitious plans for using hydrogen in transportation and industrial applications also play a significant role in the market share of the region.

Region with highest CAGR:

North America has the market's highest CAGR for hydrogen tank materials. A number of factors, such as increased investments in hydrogen infrastructure, strong support for hydrogen-based transportation options, and a growing focus on decarbonization initiatives, all contribute to this growth. Furthermore, North America's dedication to using hydrogen in a variety of industries, including industrial applications and the integration of renewable energy, further drives its growth in the hydrogen tank material market, making it a dynamic and quickly developing region for the adoption of hydrogen technology.



Key players in the market

Some of the key players in Hydrogen Tank Material Market include Hexagon Composites ASA, Composites Advanced Technologies, LLC, Metal Mate Co., Ltd., Praxair Technology, Inc., Everest Kanto Cylinder Ltd., Avanco Group, Pragma Industries, Linde plc, Mitsubishi Chemical Corporation, Luxfer Group, Beijing Tianhai Industry Co. Ltd., Faber Industrie S.P.A., Toyota Motor Corporation, UMOE Advanced Composites, BNH Gas Tanks Llp, Plastic Omnium, Quantum Fuel Systems LLC , Worthington Industries, Inc., Doosan Mobility Innovation and HBank Technologies Inc.

Key Developments:

In August 2023, Apollo have acquired a majority interest in Composite Advanced Technologies, Inc, a leading provider of compressed natural gas (“CNG”), renewable natural gas (“RNG”) and hydrogen transportation and storage solutions in the United States.

In August 2023, MarketAxess Holdings has entered into an agreement to acquire Pragma, a quantitative trading technology provider specialising in algorithmic and analytical services in equities, FX and fixed income. The acquisition is expected to close in Q4 2023.

In July 2023, Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has secured a five-year framework agreement for the delivery of hydrogen distribution systems to a leading global energy company. Hexagon Purus’ hydrogen distribution systems including its type 4 hydrogen cylinders will be used to deliver hydrogen to a network of hydrogen refueling stations in Europe.

Material Types Covered:
• Metal
• Carbon Fiber
• Glass Fiber
• Other Material Types

Tank Types Covered:
• Tank 1
• Tank 2
• Tank 3
• Tank 4
• Other Tank Types

Sizes Covered:
• Below 100 litres
• Between 100 and 1000 litres
• Above 1000 litres
• Other Sizes

End Users Covered:
• Automotive
• Transportation
• Industrial
• Chemicals
• Medical & Pharmaceuticals
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Hydrogen Tank Material Market, By Material Type
5.1 Introduction
5.2 Metal
5.3 Carbon Fiber
5.4 Glass Fiber
5.5 Other Material Types

6 Global Hydrogen Tank Material Market, By Tank Type
6.1 Introduction
6.2 Tank 1
6.3 Tank 2
6.4 Tank 3
6.5 Tank 4
6.6 Other Tank Types

7 Global Hydrogen Tank Material Market, By Size
7.1 Introduction
7.2 Below 100 litres
7.3 Between 100 and 1000 litres
7.4 Above 1000 litres
7.5 Other Sizes

8 Global Hydrogen Tank Material Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Transportation
8.4 Industrial
8.5 Chemicals
8.6 Medical & Pharmaceuticals
8.7 Other End Users

9 Global Hydrogen Tank Material Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 Hexagon Composites ASA
11.2 Composites Advanced Technologies, LLC
11.3 Metal Mate Co., Ltd.
11.4 Praxair Technology, Inc.
11.5 Everest Kanto Cylinder Ltd.
11.6 Avanco Group
11.7 Pragma Industries
11.8 Linde plc
11.9 Mitsubishi Chemical Corporation
11.10 Luxfer Group
11.11 Beijing Tianhai Industry Co. Ltd.
11.12 Faber Industrie S.P.A.
11.13 Toyota Motor Corporation
11.14 UMOE Advanced Composites
11.15 BNH Gas Tanks Llp
11.16 Plastic Omnium
11.17 Quantum Fuel Systems LLC
11.18 Worthington Industries, Inc.
11.19 Doosan Mobility Innovation
11.20 HBank Technologies Inc.

List of Tables
1 Global Hydrogen Tank Material Market Outlook, By Region (2021-2030) ($MN)
2 Global Hydrogen Tank Material Market Outlook, By Material Type (2021-2030) ($MN)
3 Global Hydrogen Tank Material Market Outlook, By Metal (2021-2030) ($MN)
4 Global Hydrogen Tank Material Market Outlook, By Carbon Fiber (2021-2030) ($MN)
5 Global Hydrogen Tank Material Market Outlook, By Glass Fiber (2021-2030) ($MN)
6 Global Hydrogen Tank Material Market Outlook, By Other Material Types (2021-2030) ($MN)
7 Global Hydrogen Tank Material Market Outlook, By Tank Type (2021-2030) ($MN)
8 Global Hydrogen Tank Material Market Outlook, By Tank 1 (2021-2030) ($MN)
9 Global Hydrogen Tank Material Market Outlook, By Tank 2 (2021-2030) ($MN)
10 Global Hydrogen Tank Material Market Outlook, By Tank 3 (2021-2030) ($MN)
11 Global Hydrogen Tank Material Market Outlook, By Tank 4 (2021-2030) ($MN)
12 Global Hydrogen Tank Material Market Outlook, By Other Tank Types (2021-2030) ($MN)
13 Global Hydrogen Tank Material Market Outlook, By Size (2021-2030) ($MN)
14 Global Hydrogen Tank Material Market Outlook, By Below 100 litres (2021-2030) ($MN)
15 Global Hydrogen Tank Material Market Outlook, By Between 100 and 1000 litres (2021-2030) ($MN)
16 Global Hydrogen Tank Material Market Outlook, By Above 1000 litres (2021-2030) ($MN)
17 Global Hydrogen Tank Material Market Outlook, By Other Sizes (2021-2030) ($MN)
18 Global Hydrogen Tank Material Market Outlook, By End User (2021-2030) ($MN)
19 Global Hydrogen Tank Material Market Outlook, By Automotive (2021-2030) ($MN)
20 Global Hydrogen Tank Material Market Outlook, By Transportation (2021-2030) ($MN)
21 Global Hydrogen Tank Material Market Outlook, By Industrial (2021-2030) ($MN)
22 Global Hydrogen Tank Material Market Outlook, By Chemicals (2021-2030) ($MN)
23 Global Hydrogen Tank Material Market Outlook, By Medical & Pharmaceuticals (2021-2030) ($MN)
24 Global Hydrogen Tank Material Market Outlook, By Other End Users (2021-2030) ($MN)
25 North America Hydrogen Tank Material Market Outlook, By Country (2021-2030) ($MN)
26 North America Hydrogen Tank Material Market Outlook, By Material Type (2021-2030) ($MN)
27 North America Hydrogen Tank Material Market Outlook, By Metal (2021-2030) ($MN)
28 North America Hydrogen Tank Material Market Outlook, By Carbon Fiber (2021-2030) ($MN)
29 North America Hydrogen Tank Material Market Outlook, By Glass Fiber (2021-2030) ($MN)
30 North America Hydrogen Tank Material Market Outlook, By Other Material Types (2021-2030) ($MN)
31 North America Hydrogen Tank Material Market Outlook, By Tank Type (2021-2030) ($MN)
32 North America Hydrogen Tank Material Market Outlook, By Tank 1 (2021-2030) ($MN)
33 North America Hydrogen Tank Material Market Outlook, By Tank 2 (2021-2030) ($MN)
34 North America Hydrogen Tank Material Market Outlook, By Tank 3 (2021-2030) ($MN)
35 North America Hydrogen Tank Material Market Outlook, By Tank 4 (2021-2030) ($MN)
36 North America Hydrogen Tank Material Market Outlook, By Other Tank Types (2021-2030) ($MN)
37 North America Hydrogen Tank Material Market Outlook, By Size (2021-2030) ($MN)
38 North America Hydrogen Tank Material Market Outlook, By Below 100 litres (2021-2030) ($MN)
39 North America Hydrogen Tank Material Market Outlook, By Between 100 and 1000 litres (2021-2030) ($MN)
40 North America Hydrogen Tank Material Market Outlook, By Above 1000 litres (2021-2030) ($MN)
41 North America Hydrogen Tank Material Market Outlook, By Other Sizes (2021-2030) ($MN)
42 North America Hydrogen Tank Material Market Outlook, By End User (2021-2030) ($MN)
43 North America Hydrogen Tank Material Market Outlook, By Automotive (2021-2030) ($MN)
44 North America Hydrogen Tank Material Market Outlook, By Transportation (2021-2030) ($MN)
45 North America Hydrogen Tank Material Market Outlook, By Industrial (2021-2030) ($MN)
46 North America Hydrogen Tank Material Market Outlook, By Chemicals (2021-2030) ($MN)
47 North America Hydrogen Tank Material Market Outlook, By Medical & Pharmaceuticals (2021-2030) ($MN)
48 North America Hydrogen Tank Material Market Outlook, By Other End Users (2021-2030) ($MN)
49 Europe Hydrogen Tank Material Market Outlook, By Country (2021-2030) ($MN)
50 Europe Hydrogen Tank Material Market Outlook, By Material Type (2021-2030) ($MN)
51 Europe Hydrogen Tank Material Market Outlook, By Metal (2021-2030) ($MN)
52 Europe Hydrogen Tank Material Market Outlook, By Carbon Fiber (2021-2030) ($MN)
53 Europe Hydrogen Tank Material Market Outlook, By Glass Fiber (2021-2030) ($MN)
54 Europe Hydrogen Tank Material Market Outlook, By Other Material Types (2021-2030) ($MN)
55 Europe Hydrogen Tank Material Market Outlook, By Tank Type (2021-2030) ($MN)
56 Europe Hydrogen Tank Material Market Outlook, By Tank 1 (2021-2030) ($MN)
57 Europe Hydrogen Tank Material Market Outlook, By Tank 2 (2021-2030) ($MN)
58 Europe Hydrogen Tank Material Market Outlook, By Tank 3 (2021-2030) ($MN)
59 Europe Hydrogen Tank Material Market Outlook, By Tank 4 (2021-2030) ($MN)
60 Europe Hydrogen Tank Material Market Outlook, By Other Tank Types (2021-2030) ($MN)
61 Europe Hydrogen Tank Material Market Outlook, By Size (2021-2030) ($MN)
62 Europe Hydrogen Tank Material Market Outlook, By Below 100 litres (2021-2030) ($MN)
63 Europe Hydrogen Tank Material Market Outlook, By Between 100 and 1000 litres (2021-2030) ($MN)
64 Europe Hydrogen Tank Material Market Outlook, By Above 1000 litres (2021-2030) ($MN)
65 Europe Hydrogen Tank Material Market Outlook, By Other Sizes (2021-2030) ($MN)
66 Europe Hydrogen Tank Material Market Outlook, By End User (2021-2030) ($MN)
67 Europe Hydrogen Tank Material Market Outlook, By Automotive (2021-2030) ($MN)
68 Europe Hydrogen Tank Material Market Outlook, By Transportation (2021-2030) ($MN)
69 Europe Hydrogen Tank Material Market Outlook, By Industrial (2021-2030) ($MN)
70 Europe Hydrogen Tank Material Market Outlook, By Chemicals (2021-2030) ($MN)
71 Europe Hydrogen Tank Material Market Outlook, By Medical & Pharmaceuticals (2021-2030) ($MN)
72 Europe Hydrogen Tank Material Market Outlook, By Other End Users (2021-2030) ($MN)
73 Asia Pacific Hydrogen Tank Material Market Outlook, By Country (2021-2030) ($MN)
74 Asia Pacific Hydrogen Tank Material Market Outlook, By Material Type (2021-2030) ($MN)
75 Asia Pacific Hydrogen Tank Material Market Outlook, By Metal (2021-2030) ($MN)
76 Asia Pacific Hydrogen Tank Material Market Outlook, By Carbon Fiber (2021-2030) ($MN)
77 Asia Pacific Hydrogen Tank Material Market Outlook, By Glass Fiber (2021-2030) ($MN)
78 Asia Pacific Hydrogen Tank Material Market Outlook, By Other Material Types (2021-2030) ($MN)
79 Asia Pacific Hydrogen Tank Material Market Outlook, By Tank Type (2021-2030) ($MN)
80 Asia Pacific Hydrogen Tank Material Market Outlook, By Tank 1 (2021-2030) ($MN)
81 Asia Pacific Hydrogen Tank Material Market Outlook, By Tank 2 (2021-2030) ($MN)
82 Asia Pacific Hydrogen Tank Material Market Outlook, By Tank 3 (2021-2030) ($MN)
83 Asia Pacific Hydrogen Tank Material Market Outlook, By Tank 4 (2021-2030) ($MN)
84 Asia Pacific Hydrogen Tank Material Market Outlook, By Other Tank Types (2021-2030) ($MN)
85 Asia Pacific Hydrogen Tank Material Market Outlook, By Size (2021-2030) ($MN)
86 Asia Pacific Hydrogen Tank Material Market Outlook, By Below 100 litres (2021-2030) ($MN)
87 Asia Pacific Hydrogen Tank Material Market Outlook, By Between 100 and 1000 litres (2021-2030) ($MN)
88 Asia Pacific Hydrogen Tank Material Market Outlook, By Above 1000 litres (2021-2030) ($MN)
89 Asia Pacific Hydrogen Tank Material Market Outlook, By Other Sizes (2021-2030) ($MN)
90 Asia Pacific Hydrogen Tank Material Market Outlook, By End User (2021-2030) ($MN)
91 Asia Pacific Hydrogen Tank Material Market Outlook, By Automotive (2021-2030) ($MN)
92 Asia Pacific Hydrogen Tank Material Market Outlook, By Transportation (2021-2030) ($MN)
93 Asia Pacific Hydrogen Tank Material Market Outlook, By Industrial (2021-2030) ($MN)
94 Asia Pacific Hydrogen Tank Material Market Outlook, By Chemicals (2021-2030) ($MN)
95 Asia Pacific Hydrogen Tank Material Market Outlook, By Medical & Pharmaceuticals (2021-2030) ($MN)
96 Asia Pacific Hydrogen Tank Material Market Outlook, By Other End Users (2021-2030) ($MN)
97 South America Hydrogen Tank Material Market Outlook, By Country (2021-2030) ($MN)
98 South America Hydrogen Tank Material Market Outlook, By Material Type (2021-2030) ($MN)
99 South America Hydrogen Tank Material Market Outlook, By Metal (2021-2030) ($MN)
100 South America Hydrogen Tank Material Market Outlook, By Carbon Fiber (2021-2030) ($MN)
101 South America Hydrogen Tank Material Market Outlook, By Glass Fiber (2021-2030) ($MN)
102 South America Hydrogen Tank Material Market Outlook, By Other Material Types (2021-2030) ($MN)
103 South America Hydrogen Tank Material Market Outlook, By Tank Type (2021-2030) ($MN)
104 South America Hydrogen Tank Material Market Outlook, By Tank 1 (2021-2030) ($MN)
105 South America Hydrogen Tank Material Market Outlook, By Tank 2 (2021-2030) ($MN)
106 South America Hydrogen Tank Material Market Outlook, By Tank 3 (2021-2030) ($MN)
107 South America Hydrogen Tank Material Market Outlook, By Tank 4 (2021-2030) ($MN)
108 South America Hydrogen Tank Material Market Outlook, By Other Tank Types (2021-2030) ($MN)
109 South America Hydrogen Tank Material Market Outlook, By Size (2021-2030) ($MN)
110 South America Hydrogen Tank Material Market Outlook, By Below 100 litres (2021-2030) ($MN)
111 South America Hydrogen Tank Material Market Outlook, By Between 100 and 1000 litres (2021-2030) ($MN)
112 South America Hydrogen Tank Material Market Outlook, By Above 1000 litres (2021-2030) ($MN)
113 South America Hydrogen Tank Material Market Outlook, By Other Sizes (2021-2030) ($MN)
114 South America Hydrogen Tank Material Market Outlook, By End User (2021-2030) ($MN)
115 South America Hydrogen Tank Material Market Outlook, By Automotive (2021-2030) ($MN)
116 South America Hydrogen Tank Material Market Outlook, By Transportation (2021-2030) ($MN)
117 South America Hydrogen Tank Material Market Outlook, By Industrial (2021-2030) ($MN)
118 South America Hydrogen Tank Material Market Outlook, By Chemicals (2021-2030) ($MN)
119 South America Hydrogen Tank Material Market Outlook, By Medical & Pharmaceuticals (2021-2030) ($MN)
120 South America Hydrogen Tank Material Market Outlook, By Other End Users (2021-2030) ($MN)
121 Middle East & Africa Hydrogen Tank Material Market Outlook, By Country (2021-2030) ($MN)
122 Middle East & Africa Hydrogen Tank Material Market Outlook, By Material Type (2021-2030) ($MN)
123 Middle East & Africa Hydrogen Tank Material Market Outlook, By Metal (2021-2030) ($MN)
124 Middle East & Africa Hydrogen Tank Material Market Outlook, By Carbon Fiber (2021-2030) ($MN)
125 Middle East & Africa Hydrogen Tank Material Market Outlook, By Glass Fiber (2021-2030) ($MN)
126 Middle East & Africa Hydrogen Tank Material Market Outlook, By Other Material Types (2021-2030) ($MN)
127 Middle East & Africa Hydrogen Tank Material Market Outlook, By Tank Type (2021-2030) ($MN)
128 Middle East & Africa Hydrogen Tank Material Market Outlook, By Tank 1 (2021-2030) ($MN)
129 Middle East & Africa Hydrogen Tank Material Market Outlook, By Tank 2 (2021-2030) ($MN)
130 Middle East & Africa Hydrogen Tank Material Market Outlook, By Tank 3 (2021-2030) ($MN)
131 Middle East & Africa Hydrogen Tank Material Market Outlook, By Tank 4 (2021-2030) ($MN)
132 Middle East & Africa Hydrogen Tank Material Market Outlook, By Other Tank Types (2021-2030) ($MN)
133 Middle East & Africa Hydrogen Tank Material Market Outlook, By Size (2021-2030) ($MN)
134 Middle East & Africa Hydrogen Tank Material Market Outlook, By Below 100 litres (2021-2030) ($MN)
135 Middle East & Africa Hydrogen Tank Material Market Outlook, By Between 100 and 1000 litres (2021-2030) ($MN)
136 Middle East & Africa Hydrogen Tank Material Market Outlook, By Above 1000 litres (2021-2030) ($MN)
137 Middle East & Africa Hydrogen Tank Material Market Outlook, By Other Sizes (2021-2030) ($MN)
138 Middle East & Africa Hydrogen Tank Material Market Outlook, By End User (2021-2030) ($MN)
139 Middle East & Africa Hydrogen Tank Material Market Outlook, By Automotive (2021-2030) ($MN)
140 Middle East & Africa Hydrogen Tank Material Market Outlook, By Transportation (2021-2030) ($MN)
141 Middle East & Africa Hydrogen Tank Material Market Outlook, By Industrial (2021-2030) ($MN)
142 Middle East & Africa Hydrogen Tank Material Market Outlook, By Chemicals (2021-2030) ($MN)
143 Middle East & Africa Hydrogen Tank Material Market Outlook, By Medical & Pharmaceuticals (2021-2030) ($MN)
144 Middle East & Africa Hydrogen Tank Material Market Outlook, By Other End Users (2021-2030) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials