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Global Magnesium-based Solid Hydrogen Storage Material Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Magnesium-based Solid Hydrogen Storage Material Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1748993

No of Pages : 94

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Synopsis
The global Magnesium-based Solid Hydrogen Storage Material market size was valued at USD 12 million in 2022 and is forecast to a readjusted size of USD 284.5 million by 2029 with a CAGR of 57.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

MG Power, GRIMAT and Shanghai H2store Energy Technology are top 3 manufacturers of magnesium-based solid hydrogen storage material, accounting for 65%. Other giants in the industry include Biocoke Lab, Sigma Aldrich and Jiangsu JITRI Advanced Energy Materials, etc.

Americas is the largest market by region, making up over 50%, followed by APAC and Europe.

Based on the shape of material, the product can be divided into 2 types--powder and block solid hydrogen storage material, where the powder gains a share over 70%.

In terms of application, new energy and medical are two main segments. And new energy is the largest one, holding a share about 80%.

Magnesium based solid hydrogen storage materials, also known as magnesium based hydrogen storage materials, refer to a type of metal solid hydrogen storage materials that have the advantages of large hydrogen storage capacity, low production cost, and abundant raw materials. The main component of magnesium based solid hydrogen storage materials is magnesium hydride with a purity of over 99%, with impurities such as magnesium and trace amounts of other metal elements. The currently mature magnesium based solid hydrogen storage material is magnesium based hydrogen storage alloy.

Due to the fact that most manufacturers produce magnesium based solid-state hydrogen storage materials for their own use in the production of solid-state hydrogen storage equipment. The product price cannot be obtained, so the report provided only includes income data. Excluding product prices and sales volume.

This report is a detailed and comprehensive analysis for global Magnesium-based Solid Hydrogen Storage Material market.

Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

  • Global Magnesium-based Solid Hydrogen Storage Material market size and forecasts, in consumption value ($ Million), sales quantity (Sqm), and average selling prices (US$/Sqm), 2018-2029
  • Global Magnesium-based Solid Hydrogen Storage Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Sqm), and average selling prices (US$/Sqm), 2018-2029
  • Global Magnesium-based Solid Hydrogen Storage Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Sqm), and average selling prices (US$/Sqm), 2018-2029
  • Global Magnesium-based Solid Hydrogen Storage Material market shares of main players, shipments in revenue ($ Million), sales quantity (Sqm), and ASP (US$/Sqm), 2018-2023

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for Magnesium-based Solid Hydrogen Storage Material
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace

This report profiles key players in the global Magnesium-based Solid Hydrogen Storage Material market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MG Power, GRIMAT, Shanghai H2store Energy Technology, Biocoke Lab and Sigma Aldrich and etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Magnesium-based Solid Hydrogen Storage Material market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

  • Powder Solid Hydrogen Storage Material
  • Block Solid Hydrogen Storage Material

Market segment by Application

  • New Energy
  • Medical
  • Others

Major players covered

  • MG Power
  • GRIMAT
  • Shanghai H2store Energy Technology
  • Biocoke Lab
  • Sigma Aldrich
  • Jiangsu JITRI Advanced Energy Materials

Market segment by region, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Magnesium-based Solid Hydrogen Storage Material product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnesium-based Solid Hydrogen Storage Material, with price, sales, revenue and global market share of Magnesium-based Solid Hydrogen Storage Material from 2018 to 2023.
Chapter 3, the Magnesium-based Solid Hydrogen Storage Material competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnesium-based Solid Hydrogen Storage Material breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Magnesium-based Solid Hydrogen Storage Material market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium-based Solid Hydrogen Storage Material.
Chapter 14 and 15, to describe Magnesium-based Solid Hydrogen Storage Material sales channel, distributors, customers, research findings and conclusion.

Index

1 Market Overview
1.1 Product Overview and Scope of Magnesium-based Solid Hydrogen Storage Material
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Magnesium-based Solid Hydrogen Storage Material Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Powder Solid Hydrogen Storage Material
1.3.3 Block Solid Hydrogen Storage Material
1.4 Market Analysis by Application
1.4.1 Overview: Global Magnesium-based Solid Hydrogen Storage Material Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 New Energy
1.4.3 Medical
1.4.4 Others
1.5 Global Magnesium-based Solid Hydrogen Storage Material Market Size & Forecast
1.5.1 Global Magnesium-based Solid Hydrogen Storage Material Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Quantity (2018-2029)
1.5.3 Global Magnesium-based Solid Hydrogen Storage Material Average Price (2018-2029)
2 Manufacturers Profiles
2.1 MG Power
2.1.1 MG Power Details
2.1.2 MG Power Major Business
2.1.3 MG Power Magnesium-based Solid Hydrogen Storage Material Product and Services
2.1.4 MG Power Magnesium-based Solid Hydrogen Storage Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 MG Power Recent Developments/Updates
2.2 GRIMAT
2.2.1 GRIMAT Details
2.2.2 GRIMAT Major Business
2.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Material Product and Services
2.2.4 GRIMAT Magnesium-based Solid Hydrogen Storage Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 GRIMAT Recent Developments/Updates
2.3 Shanghai H2store Energy Technology
2.3.1 Shanghai H2store Energy Technology Details
2.3.2 Shanghai H2store Energy Technology Major Business
2.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Product and Services
2.3.4 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Shanghai H2store Energy Technology Recent Developments/Updates
2.4 Biocoke Lab
2.4.1 Biocoke Lab Details
2.4.2 Biocoke Lab Major Business
2.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Product and Services
2.4.4 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Biocoke Lab Recent Developments/Updates
2.5 Sigma Aldrich
2.5.1 Sigma Aldrich Details
2.5.2 Sigma Aldrich Major Business
2.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Product and Services
2.5.4 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Sigma Aldrich Recent Developments/Updates
2.6 Jiangsu JITRI Advanced Energy Materials
2.6.1 Jiangsu JITRI Advanced Energy Materials Details
2.6.2 Jiangsu JITRI Advanced Energy Materials Major Business
2.6.3 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Product and Services
2.6.4 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Jiangsu JITRI Advanced Energy Materials Recent Developments/Updates
3 Competitive Environment: Magnesium-based Solid Hydrogen Storage Material by Manufacturer
3.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Manufacturer (2018-2023)
3.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue by Manufacturer (2018-2023)
3.3 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Magnesium-based Solid Hydrogen Storage Material by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Magnesium-based Solid Hydrogen Storage Material Manufacturer Market Share in 2022
3.4.2 Top 6 Magnesium-based Solid Hydrogen Storage Material Manufacturer Market Share in 2022
3.5 Magnesium-based Solid Hydrogen Storage Material Market: Overall Company Footprint Analysis
3.5.1 Magnesium-based Solid Hydrogen Storage Material Market: Region Footprint
3.5.2 Magnesium-based Solid Hydrogen Storage Material Market: Company Product Type Footprint
3.5.3 Magnesium-based Solid Hydrogen Storage Material Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Magnesium-based Solid Hydrogen Storage Material Market Size by Region
4.1.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Region (2018-2029)
4.1.2 Global Magnesium-based Solid Hydrogen Storage Material Consumption Value by Region (2018-2029)
4.1.3 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Region (2018-2029)
4.2 North America Magnesium-based Solid Hydrogen Storage Material Consumption Value (2018-2029)
4.3 Europe Magnesium-based Solid Hydrogen Storage Material Consumption Value (2018-2029)
4.4 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Consumption Value (2018-2029)
4.5 South America Magnesium-based Solid Hydrogen Storage Material Consumption Value (2018-2029)
4.6 Middle East and Africa Magnesium-based Solid Hydrogen Storage Material Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Type (2018-2029)
5.2 Global Magnesium-based Solid Hydrogen Storage Material Consumption Value by Type (2018-2029)
5.3 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Application (2018-2029)
6.2 Global Magnesium-based Solid Hydrogen Storage Material Consumption Value by Application (2018-2029)
6.3 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Application (2018-2029)
7 North America
7.1 North America Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Type (2018-2029)
7.2 North America Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Application (2018-2029)
7.3 North America Magnesium-based Solid Hydrogen Storage Material Market Size by Country
7.3.1 North America Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Country (2018-2029)
7.3.2 North America Magnesium-based Solid Hydrogen Storage Material Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Type (2018-2029)
8.2 Europe Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Application (2018-2029)
8.3 Europe Magnesium-based Solid Hydrogen Storage Material Market Size by Country
8.3.1 Europe Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Country (2018-2029)
8.3.2 Europe Magnesium-based Solid Hydrogen Storage Material Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Market Size by Region
9.3.1 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Magnesium-based Solid Hydrogen Storage Material Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Type (2018-2029)
10.2 South America Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Application (2018-2029)
10.3 South America Magnesium-based Solid Hydrogen Storage Material Market Size by Country
10.3.1 South America Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Country (2018-2029)
10.3.2 South America Magnesium-based Solid Hydrogen Storage Material Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Market Size by Country
11.3.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Magnesium-based Solid Hydrogen Storage Material Market Drivers
12.2 Magnesium-based Solid Hydrogen Storage Material Market Restraints
12.3 Magnesium-based Solid Hydrogen Storage Material Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Magnesium-based Solid Hydrogen Storage Material and Key Manufacturers
13.2 Manufacturing Costs Percentage of Magnesium-based Solid Hydrogen Storage Material
13.3 Magnesium-based Solid Hydrogen Storage Material Production Process
13.4 Magnesium-based Solid Hydrogen Storage Material Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Magnesium-based Solid Hydrogen Storage Material Typical Distributors
14.3 Magnesium-based Solid Hydrogen Storage Material Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer

Published By : GlobalInfoResearch

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