Global Magnesium-based Solid Hydrogen Storage Competitive Landscape Professional Research Report 2025
Research Summary
Magnesium-based solid hydrogen storage involves using magnesium (Mg) as a medium to store hydrogen gas in a solid form. Typically, this process involves hydrogen atoms being absorbed into the lattice structure of magnesium to form magnesium hydride (MgH2). This absorption process is reversible, allowing for the release of hydrogen when needed. Magnesium-based solid hydrogen storage is promising for hydrogen fuel applications due to its high hydrogen storage capacity by weight, relatively low cost, and abundance. However, challenges include slow kinetics of hydrogen absorption and desorption, high operating temperatures, and the need for catalysts or additives to improve performance.
According to DIResearch's in-depth investigation and research, the global Magnesium-based Solid Hydrogen Storage market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Magnesium-based Solid Hydrogen Storage include MG Power, GRIMAT, Shanghai H2store Energy Technology, Biocoke Lab, Sigma Aldrich, Jiangsu JITRI Advanced Energy Materials etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Magnesium-based Solid Hydrogen Storage. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Magnesium-based Solid Hydrogen Storage market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Magnesium-based Solid Hydrogen Storage market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Magnesium-based Solid Hydrogen Storage industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Magnesium-based Solid Hydrogen Storage Include:
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
Magnesium-based Solid Hydrogen Storage Product Segment Include:
Powder Solid Hydrogen Storage Material
Block Solid Hydrogen Storage Material
Magnesium-based Solid Hydrogen Storage Product Application Include:
New Energy
Medical
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Magnesium-based Solid Hydrogen Storage Capacity and Production Analysis
Chapter 3: Global Magnesium-based Solid Hydrogen Storage Industry PESTEL Analysis
Chapter 4: Global Magnesium-based Solid Hydrogen Storage Industry Porter's Five Forces Analysis
Chapter 5: Global Magnesium-based Solid Hydrogen Storage Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Magnesium-based Solid Hydrogen Storage Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Magnesium-based Solid Hydrogen Storage Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Magnesium-based Solid Hydrogen Storage Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Magnesium-based Solid Hydrogen Storage Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Magnesium-based Solid Hydrogen Storage Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Magnesium-based Solid Hydrogen Storage Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Magnesium-based Solid Hydrogen Storage Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Magnesium-based Solid Hydrogen Storage Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
- 1 Magnesium-based Solid Hydrogen Storage Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Magnesium-based Solid Hydrogen Storage Product by Type
- 1.2.1 Powder Solid Hydrogen Storage Material
- 1.2.2 Block Solid Hydrogen Storage Material
- 1.3 Magnesium-based Solid Hydrogen Storage Product by Application
- 1.3.1 New Energy
- 1.3.2 Medical
- 1.3.3 Others
- 1.4 Global Magnesium-based Solid Hydrogen Storage Market Revenue and Sales Analysis
- 1.4.1 Global Magnesium-based Solid Hydrogen Storage Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Magnesium-based Solid Hydrogen Storage Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Magnesium-based Solid Hydrogen Storage Market Sales Price Trend Analysis (2020-2032)
- 1.5 Magnesium-based Solid Hydrogen Storage Industry Trends and Innovation
- 1.5.1 Magnesium-based Solid Hydrogen Storage Industry Trends and Innovation
- 1.5.2 Magnesium-based Solid Hydrogen Storage Market Drivers and Challenges
- 2 Global Magnesium-based Solid Hydrogen Storage Capacity and Production Analysis
- 2.1 Global Magnesium-based Solid Hydrogen Storage Capacity, Production and Utilization (2020-2032)
- 2.2 Global Magnesium-based Solid Hydrogen Storage Production Growth Trend by Region: 2024 VS 2025 VS 2030
- 2.3 Global Magnesium-based Solid Hydrogen Storage Production by Region
- 2.3.1 Global Magnesium-based Solid Hydrogen Storage Production by Region (2020-2025)
- 2.3.2 Global Magnesium-based Solid Hydrogen Storage Production Forecast by Region (2026-2032)
- 2.3.3 Global Magnesium-based Solid Hydrogen Storage Production Market Share by Region (2020-2032)
- 3 Magnesium-based Solid Hydrogen Storage Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Magnesium-based Solid Hydrogen Storage Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Magnesium-based Solid Hydrogen Storage Market Analysis by Regions
- 5.1 Magnesium-based Solid Hydrogen Storage Overall Market: 2024 VS 2025 VS 2032
- 5.2 Global Magnesium-based Solid Hydrogen Storage Revenue and Forecast Analysis (2020-2032)
- 5.2.1 Global Magnesium-based Solid Hydrogen Storage Revenue and Market Share by Region (2020-2025)
- 5.2.2 Global Magnesium-based Solid Hydrogen Storage Revenue and Market Forecast by Region (2026-2032)
- 5.3 Global Magnesium-based Solid Hydrogen Storage Sales and Forecast Analysis (2020-2032)
- 5.3.1 Global Magnesium-based Solid Hydrogen Storage Sales and Market Share by Region (2020-2025)
- 5.3.2 Global Magnesium-based Solid Hydrogen Storage Sales and Market Forecast by Region (2026-2032)
- 5.4 Global Magnesium-based Solid Hydrogen Storage Sales Price Trend Analysis (2020-2032)
- 6 Global Magnesium-based Solid Hydrogen Storage Market Size by Type and Application
- 6.1 Global Magnesium-based Solid Hydrogen Storage Market Size by Type
- 6.1.1 Global Magnesium-based Solid Hydrogen Storage Revenue and Forecast Analysis by Type (2020-2032)
- 6.1.2 Global Magnesium-based Solid Hydrogen Storage Sales and Forecast Analysis by Type (2020-2032)
- 6.2 Global Magnesium-based Solid Hydrogen Storage Market Size by Application
- 6.2.1 Global Magnesium-based Solid Hydrogen Storage Revenue and Forecast Analysis by Application (2020-2032)
- 6.2.2 Global Magnesium-based Solid Hydrogen Storage Sales and Forecast Analysis by Application (2020-2032)
- 7 North America
- 7.1 North America Magnesium-based Solid Hydrogen Storage Market Size and Growth Rate Analysis (2020-2032)
- 7.2 North America Key Manufacturers Analysis
- 7.3 North America Magnesium-based Solid Hydrogen Storage Market Size by Type
- 7.3.1 North America Magnesium-based Solid Hydrogen Storage Sales by Type (2020-2032)
- 7.3.2 North America Magnesium-based Solid Hydrogen Storage Revenue by Type (2020-2032)
- 7.4 North America Magnesium-based Solid Hydrogen Storage Market Size by Application
- 7.4.1 North America Magnesium-based Solid Hydrogen Storage Sales by Application (2020-2032)
- 7.4.2 North America Magnesium-based Solid Hydrogen Storage Revenue by Application (2020-2032)
- 7.5 North America Magnesium-based Solid Hydrogen Storage Market Size by Country
- 7.5.1 US
- 7.5.2 Canada
- 8 Europe
- 8.1 Europe Magnesium-based Solid Hydrogen Storage Market Size and Growth Rate Analysis (2020-2032)
- 8.2 Europe Key Manufacturers Analysis
- 8.3 Europe Magnesium-based Solid Hydrogen Storage Market Size by Type
- 8.3.1 Europe Magnesium-based Solid Hydrogen Storage Sales by Type (2020-2032)
- 8.3.2 Europe Magnesium-based Solid Hydrogen Storage Revenue by Type (2020-2032)
- 8.4 Europe Magnesium-based Solid Hydrogen Storage Market Size by Application
- 8.4.1 Europe Magnesium-based Solid Hydrogen Storage Sales by Application (2020-2032)
- 8.4.2 Europe Magnesium-based Solid Hydrogen Storage Revenue by Application (2020-2032)
- 8.5 Europe Magnesium-based Solid Hydrogen Storage Market Size by Country
- 8.5.1 Germany
- 8.5.2 France
- 8.5.3 United Kingdom
- 8.5.4 Italy
- 8.5.5 Spain
- 8.5.6 Benelux
- 9 China
- 9.1 China Magnesium-based Solid Hydrogen Storage Market Size and Growth Rate Analysis (2020-2032)
- 9.2 China Key Manufacturers Analysis
- 9.3 China Magnesium-based Solid Hydrogen Storage Market Size by Type
- 9.3.1 China Magnesium-based Solid Hydrogen Storage Sales by Type (2020-2032)
- 9.3.2 China Magnesium-based Solid Hydrogen Storage Revenue by Type (2020-2032)
- 9.4 China Magnesium-based Solid Hydrogen Storage Market Size by Application
- 9.4.1 China Magnesium-based Solid Hydrogen Storage Sales by Application (2020-2032)
- 9.4.2 China Magnesium-based Solid Hydrogen Storage Revenue by Application (2020-2032)
- 10 APAC (excl. China)
- 10.1 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Market Size and Growth Rate Analysis (2020-2032)
- 10.2 APAC (excl. China) Key Manufacturers Analysis
- 10.3 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Market Size by Type
- 10.3.1 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Sales by Type (2020-2032)
- 10.3.2 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Revenue by Type (2020-2032)
- 10.4 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Market Size by Application
- 10.4.1 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Sales by Application (2020-2032)
- 10.4.2 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Revenue by Application (2020-2032)
- 10.5 APAC (excl. China) Magnesium-based Solid Hydrogen Storage Market Size by Country
- 10.5.1 Japan
- 10.5.2 South Korea
- 10.5.3 India
- 10.5.4 Australia
- 10.5.5 Southeast Asia
- 11 Latin America
- 11.1 Latin America Magnesium-based Solid Hydrogen Storage Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Latin America Key Manufacturers Analysis
- 1`.3 Latin America Magnesium-based Solid Hydrogen Storage Market Size by Type
- 11.3.1 Latin America Magnesium-based Solid Hydrogen Storage Sales by Type (2020-2032)
- 11.3.2 Latin America Magnesium-based Solid Hydrogen Storage Revenue by Type (2020-2032)
- 11.4 Latin America Magnesium-based Solid Hydrogen Storage Market Size by Application
- 11.4.1 Latin America Magnesium-based Solid Hydrogen Storage Sales by Application (2020-2032)
- 11.4.2 Latin America Magnesium-based Solid Hydrogen Storage Revenue by Application (2020-2032)
- 11.5 Latin America Magnesium-based Solid Hydrogen Storage Market Size by Country
- 11.6 Latin America Magnesium-based Solid Hydrogen Storage Market Size by Country
- 11.6.1 Mexico
- 11.6.2 Brazil
- 12 Middle East & Africa
- 12.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Market Size and Growth Rate Analysis (2020-2032)
- 12.2 Middle East & Africa Key Manufacturers Analysis
- 12.3 Middle East & Africa Magnesium-based Solid Hydrogen Storage Market Size by Type
- 12.3.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Sales by Type (2020-2032)
- 12.3.2 Middle East & Africa Magnesium-based Solid Hydrogen Storage Revenue by Type (2020-2032)
- 12.4 Middle East & Africa Magnesium-based Solid Hydrogen Storage Market Size by Application
- 12.4.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Sales by Application (2020-2032)
- 12.4.2 Middle East & Africa Magnesium-based Solid Hydrogen Storage Revenue by Application (2020-2032)
- 12.5 Middle East Magnesium-based Solid Hydrogen Storage Market Size by Country
- 12.5.1 Saudi Arabia
- 12.5.2 South Africa
- 13 Competition by Manufacturers
- 13.1 Global Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 13.1.1 Global Magnesium-based Solid Hydrogen Storage Market Sales by Key Manufacturers (2021-2025)
- 13.1.2 Global Magnesium-based Solid Hydrogen Storage Market Revenue by Key Manufacturers (2021-2025)
- 13.1.3 Global Magnesium-based Solid Hydrogen Storage Average Sales Price by Manufacturers (2021-2025)
- 13.2 Magnesium-based Solid Hydrogen Storage Competitive Landscape Analysis and Market Dynamic
- 13.2.1 Magnesium-based Solid Hydrogen Storage Competitive Landscape Analysis
- 13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 13.2.3 Market Dynamic
- 14 Key Companies Analysis
- 14.1 MG Power
- 14.1.1 MG Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.1.2 MG Power Magnesium-based Solid Hydrogen Storage Product Portfolio
- 14.1.3 MG Power Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.2 GRIMAT
- 14.2.1 GRIMAT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.2.2 GRIMAT Magnesium-based Solid Hydrogen Storage Product Portfolio
- 14.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.3 Shanghai H2store Energy Technology
- 14.3.1 Shanghai H2store Energy Technology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.3.2 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Product Portfolio
- 14.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.4 Biocoke Lab
- 14.4.1 Biocoke Lab Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.4.2 Biocoke Lab Magnesium-based Solid Hydrogen Storage Product Portfolio
- 14.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.5 Sigma Aldrich
- 14.5.1 Sigma Aldrich Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.5.2 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Product Portfolio
- 14.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.6 Jiangsu JITRI Advanced Energy Materials
- 14.6.1 Jiangsu JITRI Advanced Energy Materials Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.6.2 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Product Portfolio
- 14.6.3 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 15 Industry Chain Analysis
- 15.1 Magnesium-based Solid Hydrogen Storage Industry Chain Analysis
- 15.2 Magnesium-based Solid Hydrogen Storage Industry Raw Material and Suppliers Analysis
- 15.2.1 Magnesium-based Solid Hydrogen Storage Key Raw Material Supply Analysis
- 15.2.2 Raw Material Suppliers and Contact Information
- 15.3 Magnesium-based Solid Hydrogen Storage Typical Downstream Customers
- 15.4 Magnesium-based Solid Hydrogen Storage Sales Channel Analysis
- 16 Research Findings and Conclusion
- 17 Methodology and Data Source
- 17.1 Methodology/Research Approach
- 17.2 Research Scope
- 17.3 Benchmarks and Assumptions
- 17.4 Date Source
- 17.4.1 Primary Sources
- 17.4.2 Secondary Sources
- 17.5 Data Cross Validation
- 17.6 Disclaimer
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