Type IV Hydrogen Storage Tank Market

A Hydrogen tank (other names- cartridge or canister) is used for hydrogen storage. The first type IV hydrogen tanks for compressed hydrogen at 700 bars (70 MPa; 10,000 psi) were demonstrated in 2001, the first fuel cell vehicles on the road with type IV tanks are the Toyota FCHV, Mercedes-Benz F-Cell and the GM HydroGen4.
Type 4 tanks offer significant advantages over other pressure vessels. The carbon fibre-reinforced structure creates a superior strength/stiffness to weight ratio, resulting in a potential 450kg weight reduction of gas containment systems in buses and trucks. This leads to significantly improved fuel economy, underlining the economic argument for hydrogen fueling. It also expands the range of vehicles and situations in which these vessels can be used.Composite tanks such as carbon fiber with a polymer liner (thermoplastic)
Type IV Hydrogen Storage Tank Market contains market size and forecasts of Type IV Hydrogen Storage Tank in global, including the following market information:

• Global Type IV Hydrogen Storage Tank Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Type IV Hydrogen Storage Tank Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Type IV Hydrogen Storage Tank companies in 2021 (%)

The global Type IV Hydrogen Storage Tank market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydrogen Storage Infrastructure Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Type IV Hydrogen Storage Tank include Hexagon, NPROXX, Mahytec, Steelhead, Quantum, Dynetek, DSM, Tian Hai Industry and Shenhua Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Type IV Hydrogen Storage Tank manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Type IV Hydrogen Storage Tank Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Type IV Hydrogen Storage Tank Market Segment Percentages, by Type, 2021 (%)

• Hydrogen Storage Infrastructure
• Hydrogen Transportation for Re-Fueling
• Hydrogen Powered Rail Vehicles
• Hydrogen Powered Cars
• Other Vehicles (Hydrogen Powered Buses, Trucks)

Global Type IV Hydrogen Storage Tank Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Type IV Hydrogen Storage Tank Market Segment Percentages, by Application, 2021 (%)

• Hydrogen Storage
• Hydrogen Transport

Global Type IV Hydrogen Storage Tank Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Type IV Hydrogen Storage Tank Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Type IV Hydrogen Storage Tank revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Type IV Hydrogen Storage Tank revenues share in global market, 2021 (%)
• Key companies Type IV Hydrogen Storage Tank sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Type IV Hydrogen Storage Tank sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Hexagon
• NPROXX
• Mahytec
• Steelhead
• Quantum
• Dynetek
• DSM
• Tian Hai Industry
• Shenhua Group
• Sinoma Technology
• Northern rare earth
• Rising Nonferrous
• Cohen Shares

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