From GlobeNewswire: 2024-06-07 03:14:00

The global Hydrogen Storage Market is projected to reach $6.8 billion by 2031, with a CAGR of 23% driven by the demand for clean energy. Metal hydrides and chemical storage solutions are gaining traction. Compression and liquefaction storage methods offer opportunities for growth. Key players include Air Liquide and Linde plc. North America is expected to dominate the market.

Strategic partnerships and innovations in storage technologies by key players are driving growth in the global hydrogen storage market. Howden and Chart Industries’ collaboration aims to enhance hydrogen applications efficiency. Air Liquide and Lotte Chemical joint venture focuses on expanding hydrogen supply chain for transportation sector. Customize studies available based on specific requirements. Market segmentation includes physical storage and material-based storage by type and application, with regional focus.

The energy ESO market is estimated to reach $1,549.7 Mn by 2031, growing at a CAGR of 19.1%. Liquid biofuels market to reach $137.68 Bn by 2031, with a CAGR of 6.4%. Perovskite solar cell market estimated to reach $4,392.1 Mn by 2031, growing at a CAGR of 56.8%. Utility communication market expected to reach $33.86 Bn by 2031, with a CAGR of 5.6%. Coherent Market Insights offers reliable and actionable insights in various sectors. Follow for industry updates and reports.



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