Global Hydrogen Pressure Vessels Market Growth 2025-2031

Global Hydrogen Pressure Vessels Market Growth 2025-2031

The global Hydrogen Pressure Vessels market size is predicted to grow from US$ 265 million in 2025 to US$ 530 million in 2031; it is expected to grow at a CAGR of 12.2% from 2025 to 2031.

Hydrogen can be stored either as a gas or as a liquid. Hydrogen gas storage typically requires the use of high pressure tanks (350-700 bar or 5000-10,000 psi), while liquid hydrogen storage requires cryogenic temperatures to prevent it boiling back into a gas (which occurs at −252.8°C). Hydrogen can also be stored on the surface of (adsorption) or within solid materials (absorption). This report only counts non-vehicle high-pressure gas hydrogen storage vessels. Hydrogen pressure vessel refers to a closed device that contains hydrogen and carries a certain pressure. Commonly used for hydrogen storage, distribution, stationary/mobile refueling.

Global key players of hydrogen pressure vessels include Everest Kanto Cylinder Limited, The Japan Steel Works, VAKO GmbH & Co. KG and CIMC Enric. Global top four manufacturers hold a share about 16%. In terms of product, type I is the largest segment, with a share about 40%. And in terms of application, the largest application is storage, which has a share about 49 percent.

LP Information, Inc. (LPI) ' newest research report, the “Hydrogen Pressure Vessels Industry Forecast” looks at past sales and reviews total world Hydrogen Pressure Vessels sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrogen Pressure Vessels sales for 2025 through 2031. With Hydrogen Pressure Vessels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen Pressure Vessels industry.

This Insight Report provides a comprehensive analysis of the global Hydrogen Pressure Vessels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogen Pressure Vessels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen Pressure Vessels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen Pressure Vessels and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogen Pressure Vessels.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen Pressure Vessels market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Type I
Type II
Type III
Type IV

Segmentation by Application:
Storage
Distribution
Stationary/Mobile Refueling

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Faber Industrie S.P.A.
Everest Kanto Cylinder Limited
The Japan Steel Works
VAKO GmbH & Co. KG
Hexagon Composites ASA
CIMC Enric
Worthington Industries
Iwatani
Steelhead Composites
Mahytec (HENSOLDT)
Quantum Fuel Systems
NPROXX
Wefco Gainsborough

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydrogen Pressure Vessels market?

What factors are driving Hydrogen Pressure Vessels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydrogen Pressure Vessels market opportunities vary by end market size?

How does Hydrogen Pressure Vessels break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.