70MPa Hydrogen Storage Cylinders Market
70MPa Hydrogen Storage Cylinders Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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70MPa Hydrogen Storage Cylinders Market Size and Growth
The 70MPa Hydrogen Storage Cylinders market is poised for significant growth, driven by increasing demand for clean energy solutions. Market size is projected to reach approximately $540 million by 2025, fueled by advancements in storage technology and rising investments in hydrogen infrastructure worldwide. Competitive dynamics remain intense, with innovation as a key driver.
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Companies Covered
(Covid 19 Impact Covered)
◍ Plastic Omnium
◍ Hexagon Purus
◍ Iljin Hysolus
◍ NPROXX
◍ Quantum
The 70MPa hydrogen storage cylinder market features key players like Plastic Omnium and Hexagon Purus, focusing on innovative, lightweight designs. Companies enhance market growth through advanced manufacturing and R&D. Notable revenues include:
- Hexagon Purus: $135 million
- Luxfer: $150 million
◍ Japan Automobile Research Institute (JARI)
◍ Toyota
◍ Doosan
◍ Advanced Material Systems (AMS)
◍ Luxfer Gas Cylinders
◍ Impco
◍ Jiangsu Guofu Hydrogen Energy Equipment
◍ CIMC Enric Holdings
◍ Faurecia
◍ Beijing Tianhai Industry
◍ Beijing Ketaike Technology
◍ Sinoma Science & Technology
◍ KBC
- Toyota (hydrogen initiatives): $11 billion. Request Sample Report
Market Segmentation
By Application
Automobile
Vessel
Unmanned Aerial Vehicle
Others
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By Product
Metal Lining
Plastic Lining
Market Growth
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$ X Billion USD
