Growth Opportunities in Material Advancements in Hydrogen Storage and Transportation, 2024-2029

Growth Opportunities in Material Advancements in Hydrogen Storage and Transportation, 2024-2029

Emergence of Hydrogen Economy and Urgent Need for Efficient and Safe Hydrogen Storage and Transportation are Driving Innovations toward New Material Development

Ongoing efforts to mitigate climate change, in addition to the announcement of net-zero emission targets, have provided a boost to the hydrogen economy, further supported by the declining cost of electrolyzers. This positive momentum toward the hydrogen economy has ignited interest in the research and development of hydrogen storage materials.

Development of these new materials is targeted toward replacing conventional hydrogen storage and transportation options that have limitations, in terms of efficiency, cost, and safety. These new materials, which include both solid-state and liquid hydrogen storage options, have several desirable features, such as lower temperature and pressure requirements, ease of storage and transportation, and superior safety. These attributes make emerging storage materials particularly suitable for long duration/seasonal hydrogen storage.

The research study covers the following topics:

• Overview of green hydrogen value chain and hydrogen storage solutions and their key attributes
• Major emerging materials for hydrogen storage and transportation and their comparisons
• Major stakeholders within the hydrogen storage and transportation materials space
• Comparison of emerging hydrogen storage and transportation materials based on their hydrogen density, weight, and cost
• Patent landscape and growth opportunities pertaining to various hydrogen storage materials