The global hydrogen storage tanks and transportation market is estimated at US$1,578.7 million in 2026, projected to grow at a CAGR of 29.6% to reach US$21,109.2 million by 2036. Market growth is driven by advances in tank technologies, expanded fleet trials, and global demand for low-carbon logistics.

700-bar composite tanks are enabling hydrogen adoption in long-haul freight, while liquid hydrogen logistics are scaling up. Modular ISO tanks support global containerization, and infrastructure investments reflect surging demand from mobility and industrial sectors.

Recent U.S. trade tariffs on hydrogen-compatible tanks have disrupted global supply chains, accelerating domestic capacity growth. Tariffs have raised short-term costs but are catalyzing long-term localization of production.

Key players in the market include Chart Industries, NPROXX, Linde Plc, Air Products and Chemicals, BayoTech, Nikkiso Cryo, Worthington Industries, Quantum Fuel Systems, and Hexagon Purus.

Recent developments include NPROXX showcasing its hydrogen storage systems, Nikkiso doubling European production capacity, Baker Hughes acquiring Chart Industries, and WestAir and Nikkiso constructing a hybrid trailer-filling/fueling station.

Read more at GlobeNewswire: Hydrogen Storage Tanks and Transportation Market to Hit