Global Hydrogen Resistant Steel Market Growth 2024-2030
Hydrogen-resistant steel refers to a type of steel suitable for use in high-temperature, high-pressure hydrogen environments and has a certain ability to resist hydrogen damage. Although commonly used carbon steel and chromium-nickel austenitic stainless steel can be used under certain high-temperature and high-pressure hydrogen conditions, they are not listed as hydrogen-resistant steels. Adding Cr, Mo, V and other elements to low carbon steel can significantly improve high temperature hydrogen corrosion resistance.
The global Hydrogen Resistant Steel market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Hydrogen Resistant Steel Industry Forecast” looks at past sales and reviews total world Hydrogen Resistant Steel sales in 2023, providing a comprehensive analysis by region and market sector of projected Hydrogen Resistant Steel sales for 2024 through 2030. With Hydrogen Resistant Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen Resistant Steel industry.
This Insight Report provides a comprehensive analysis of the global Hydrogen Resistant Steel 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 Resistant Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen Resistant Steel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen Resistant Steel 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 Resistant Steel.
United States market for Hydrogen Resistant Steel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Hydrogen Resistant Steel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Hydrogen Resistant Steel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Hydrogen Resistant Steel players cover Proterial, Nippon Steel, ArcelorMittal, POSCO, ThyssenKrupp, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen Resistant Steel market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Chromium Molybdenum Steels
Austenitic Stainless Steels
Other
Segmentation by Application:
Petrochemical
Natural Gas
Nuclear Industry
Aerospace
Others
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.
Proterial
Nippon Steel
ArcelorMittal
POSCO
ThyssenKrupp
Voestalpine
Baosteel Group
Masteel
Desktop Metal
U.S. Steel
Tata Steel
JFE Steel
Hebei Iron and Steel Group (HBIS)
Ansteel Group
Gerdau
Nucor
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogen Resistant Steel market?
What factors are driving Hydrogen Resistant Steel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogen Resistant Steel market opportunities vary by end market size?
How does Hydrogen Resistant Steel break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.