Global Carbon Composite Hydrogen Tanks Market, 2022-2030

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.

Single User	Enterprise License, Single User License, Team License

Report Summary

Revolutionize the way you engage with data through our cutting-edge interactive dashboard(Click to enlarge)

• 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.
• Cryogenic composite tank development began in 1987. First, most of the effort has been devoted to liquid hydrogen tanks mainly because liquid hydrogen tanks are larger than liquid oxygen tanks, lightweight materials would provide a proportionately greater weight reduction.
• For years, carbon fiber-reinforced polymer (CFRP) composites have offered lightweight storage of compressed hydrogen (H2) gas for zero-emission, fuel cell-powered vehicles via Type IV tanks comprising plastic liners wrapped with carbon fiber and epoxy resin. Though H2 has long promised a sustainable source of clean energy, until recently, progress was slow. However, growth projections for Type IV tanks are tremendous.
• CFRC have advantages in high strength-to-weight and high stiffness-to-weight ratios. The key benefits of using composites make these hydrogen storage tanks light-weight, with long-term potential, a clean and safe energy carrier, having large-scale storage and improved life cycle.

• Transportation segment, by application, is projected to be the largest market during the forecast period: High-pressure gas storage vessels represent one of the biggest and fastest-growing markets for advanced composites, particularly for filament wound carbon fibre composites. They have a use in a variety of industries, amongst which is the automotive industry and its hydrogen-powered vehicles.
• The transportation segment is likely to hold undeniable dominance in the market throughout the forecast period, driven by the most sought-after FCEVs. The key fuel cell cars on the road, incessantly adding momentum to the market are Toyota Mirai, Hyundai Nexo, and Honda Clarity.

• Asia-Pacific is anticipated to dominate the global market till 2030, whereas Europe is likely to experience the highest growth in the market during the forecast period: China and Japan have announced targets of 1 million and 800,000 FCV in operation, respectively, by 2030, while Korea says it will convert all commercial vehicles to hydrogen by 2025 and targets 6.2 million FCV produced by 2040. Notably, these are all countries with significant carbon fiber production.

Table of Content

1.    Report Scope

1.1. Market Segmentation and scope

1.2. Regional Scope

1.3. Estimates and forecast timeline

2.     Market Research Methodology

2.1. Research methodology and design

2.2. Sample selection

2.3. Reliability and validity

3.    Executive Summary

4.    Market Analysis

4.1. Market size and growth rates

4.2. Market growth drivers, market dynamics and trends

4.3. Market scenarios and opportunity forecasts

4.4. Market constraints and challenges

4.5. Regional & national hydrogen strategy

4.6. Industry value chain analysis

4.7. Industry analysis – Porter’s

4.7.1.  Threat of new entrants

4.7.2.  Bargaining power of suppliers

4.7.3.  Bargaining power of buyers

4.7.4.  Threat of substitutes

4.7.5.  Competitive rivalry

4.8. PEST analysis

4.8.1.  Political/legal landscape

4.8.2.  Economic landscape

4.8.3.  Social landscape

4.8.4.  Technological landscape

5.     Market Breakdown – by Tank Type

5.1. Introduction

5.2. Type III 

5.3. Type IV

6.     Market Breakdown – by Process Type

6.1. Introduction

6.2. Wet Winding

6.3. Dry Winding

7.     Market Breakdown – by Application

7.1. Introduction

7.2. Transportation

7.2.1.  Cars

7.2.2.  Trucks

7.2.3.  Aviation

7.2.4.  Marine

7.2.5.  Rail

7.2.6.  Others

7.3. Distribution

7.4. Hydrogen Refueling Stations (HRS)

8.      Market Breakdown – by Geography

8.1.North America

8.1.1.  North America Carbon Composite Hydrogen Tanks Market, 2022-2030

8.1.2.  North America Carbon Composite Hydrogen Tanks Market, by Tank Type

8.1.3.  North America Carbon Composite Hydrogen Tanks Market, by Process Type

8.1.4.  North America Carbon Composite Hydrogen Tanks Market, by Application

8.1.5.  North America Carbon Composite Hydrogen Tanks Market, by Country

8.1.5.1.      U.S.

8.1.5.2.      Rest of North America

8.2. Europe

8.2.1.  Europe Carbon Composite Hydrogen Tanks Market, 2022-2030

8.2.2.  Europe Carbon Composite Hydrogen Tanks Market, by Tank Type

8.2.3.  Europe Carbon Composite Hydrogen Tanks Market, by Process Type

8.2.4.  Europe Carbon Composite Hydrogen Tanks Market, by Application

8.2.5.  Europe Carbon Composite Hydrogen Tanks Market, by Country

8.2.5.1.      Germany

8.2.5.2.      Italy

8.2.5.3.      Norway

8.2.5.4.      Rest of Europe  

8.3.Asia-Pacific

8.3.1.  APAC Carbon Composite Hydrogen Tanks Market, 2022-2030

8.3.2.  APAC Carbon Composite Hydrogen Tanks Market, by Tank Type

8.3.3.  APAC Carbon Composite Hydrogen Tanks Market, by Process Type

8.3.4.  APAC Carbon Composite Hydrogen Tanks Market, by Application

8.3.5.  APAC Carbon Composite Hydrogen Tanks Market, by Country

8.3.5.1.      China

8.3.5.2.      Japan

8.3.5.3.      South Korea

8.3.5.4.      Rest of APAC   

8.4. Rest of World

8.4.1.  RoW Carbon Composite Hydrogen Tanks Market, 2022-2030

8.4.2.  RoW Carbon Composite Hydrogen Tanks Market, by Tank Type

8.4.3.  RoW Carbon Composite Hydrogen Tanks Market, by Process Type

8.4.4.  RoW Carbon Composite Hydrogen Tanks Market, by Application

8.4.5.  RoW Carbon Composite Hydrogen Tanks Market, by Country

8.4.5.1.      Latin America

8.4.5.2.      Others

9.      Competitive Landscape

9.1. Company Market Positioning

9.2. Company Geographical Presence Analysis

9.3. Market Revenue Share Analysis (%), by Leading Players

10.  Company Profiles

·          Company Overview

·          Financial Performance

·          Product Benchmarking

·          Recent Developments

10.1.              Hexagon Purus

10.2.              Plastic Omnium

10.3.              Luxfer Holdings PLC

10.4.              Iljin Composites Co., Ltd.

10.5.              Worthington Industries, Inc.

10.6.              Faurecia (FORVIA)

10.7.              Universal Hydrogen

10.8.              Faber Industrie SpA

10.9.              Quantum Fuel Systems LLC

10.10.          NPROXX B.V.

10.11.          Steelhead Composites, Inc.

10.12.          Hanwha Cimarron  

 

Request Sample

Buy Now