Industry: Chemical & Material
Published Date: 2024-01-18
Pages: 104 Pages
Report ld: 2327029
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Magnesium-based Solid Hydrogen Storage Material Market Size(US$)

CAGR 2024-2030
59.7%
Market Size,2030
USD 263.7
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
The global market for Magnesium-based Solid Hydrogen Storage Material was estimated to be worth US$ 12 million in 2023 and is forecast to a readjusted size of US$ 263.7 million by 2030 with a CAGR of 59.7% during the forecast period 2024-2030
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%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Magnesium-based Solid Hydrogen Storage Material, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Magnesium-based Solid Hydrogen Storage Material by region & country, by Type, and by Application.
The Magnesium-based Solid Hydrogen Storage Material market size, estimations, and forecasts are provided in terms of sales volume (Sqm) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium-based Solid Hydrogen Storage Material.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Magnesium-based Solid Hydrogen Storage Material manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Magnesium-based Solid Hydrogen Storage Material in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Magnesium-based Solid Hydrogen Storage Material in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Magnesium-based Solid Hydrogen Storage Material Product Introduction
1.2 Global Magnesium-based Solid Hydrogen Storage Material Market Size Forecast
1.2.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Value (2019-2030)
1.2.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume (2019-2030)
1.2.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Price (2019-2030)
1.3 Magnesium-based Solid Hydrogen Storage Material Market Trends & Drivers
1.3.1 Magnesium-based Solid Hydrogen Storage Material Industry Trends
1.3.2 Magnesium-based Solid Hydrogen Storage Material Market Drivers & Opportunity
1.3.3 Magnesium-based Solid Hydrogen Storage Material Market Challenges
1.3.4 Magnesium-based Solid Hydrogen Storage Material Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Magnesium-based Solid Hydrogen Storage Material Players Revenue Ranking (2023)
2.2 Global Magnesium-based Solid Hydrogen Storage Material Revenue by Company (2019-2024)
2.3 Global Magnesium-based Solid Hydrogen Storage Material Players Sales Volume Ranking (2023)
2.4 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Company Players (2019-2024)
2.5 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Company (2019-2024)
2.6 Key Manufacturers Magnesium-based Solid Hydrogen Storage Material Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Magnesium-based Solid Hydrogen Storage Material Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Magnesium-based Solid Hydrogen Storage Material
2.9 Magnesium-based Solid Hydrogen Storage Material Market Competitive Analysis
2.9.1 Magnesium-based Solid Hydrogen Storage Material Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Magnesium-based Solid Hydrogen Storage Material Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Magnesium-based Solid Hydrogen Storage Material as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Powder Solid Hydrogen Storage Material
3.1.2 Block Solid Hydrogen Storage Material
3.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Type
3.2.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Value, by Type (2019-2030)
3.2.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Value, by Type (%) (2019-2030)
3.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Type
3.3.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume, by Type (2019-2030)
3.3.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume, by Type (%) (2019-2030)
3.4 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 New Energy
4.1.2 Medical
4.1.3 Others
4.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Application
4.2.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Value, by Application (2019-2030)
4.2.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Value, by Application (%) (2019-2030)
4.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Application
4.3.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume, by Application (2019-2030)
4.3.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume, by Application (%) (2019-2030)
4.4 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Region
5.1.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Region (2019-2024)
5.1.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Region (2025-2030)
5.1.4 Global Magnesium-based Solid Hydrogen Storage Material Sales Value by Region (%), (2019-2030)
5.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Region
5.2.1 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Region (2019-2024)
5.2.3 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Region (2025-2030)
5.2.4 Global Magnesium-based Solid Hydrogen Storage Material Sales Volume by Region (%), (2019-2030)
5.3 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
5.4.2 North America Magnesium-based Solid Hydrogen Storage Material Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
5.5.2 Europe Magnesium-based Solid Hydrogen Storage Material Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
5.6.2 Asia Pacific Magnesium-based Solid Hydrogen Storage Material Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
5.7.2 South America Magnesium-based Solid Hydrogen Storage Material Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
5.8.2 Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Magnesium-based Solid Hydrogen Storage Material Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Magnesium-based Solid Hydrogen Storage Material Sales Value
6.2.1 Key Countries/Regions Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.2.2 Key Countries/Regions Magnesium-based Solid Hydrogen Storage Material Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.3.2 United States Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.4.2 Europe Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.5.2 China Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.5.3 China Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.6.2 Japan Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.7.2 South Korea Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.8.2 Southeast Asia Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Magnesium-based Solid Hydrogen Storage Material Sales Value, 2019-2030
6.9.2 India Magnesium-based Solid Hydrogen Storage Material Sales Value by Type (%), 2023 VS 2030
6.9.3 India Magnesium-based Solid Hydrogen Storage Material Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 MG Power
7.1.1 MG Power Company Information
7.1.2 MG Power Introduction and Business Overview
7.1.3 MG Power Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
7.1.4 MG Power Magnesium-based Solid Hydrogen Storage Material Product Offerings
7.1.5 MG Power Recent Development
7.2 GRIMAT
7.2.1 GRIMAT Company Information
7.2.2 GRIMAT Introduction and Business Overview
7.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
7.2.4 GRIMAT Magnesium-based Solid Hydrogen Storage Material Product Offerings
7.2.5 GRIMAT Recent Development
7.3 Shanghai H2store Energy Technology
7.3.1 Shanghai H2store Energy Technology Company Information
7.3.2 Shanghai H2store Energy Technology Introduction and Business Overview
7.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Product Offerings
7.3.5 Shanghai H2store Energy Technology Recent Development
7.4 Biocoke Lab
7.4.1 Biocoke Lab Company Information
7.4.2 Biocoke Lab Introduction and Business Overview
7.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Product Offerings
7.4.5 Biocoke Lab Recent Development
7.5 Sigma Aldrich
7.5.1 Sigma Aldrich Company Information
7.5.2 Sigma Aldrich Introduction and Business Overview
7.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Product Offerings
7.5.5 Sigma Aldrich Recent Development
7.6 Jiangsu JITRI Advanced Energy Materials
7.6.1 Jiangsu JITRI Advanced Energy Materials Company Information
7.6.2 Jiangsu JITRI Advanced Energy Materials Introduction and Business Overview
7.6.3 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Product Offerings
7.6.5 Jiangsu JITRI Advanced Energy Materials Recent Development
8 Industry Chain Analysis
8.1 Magnesium-based Solid Hydrogen Storage Material Industrial Chain
8.2 Magnesium-based Solid Hydrogen Storage Material Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Magnesium-based Solid Hydrogen Storage Material Sales Model
8.5.2 Sales Channel
8.5.3 Magnesium-based Solid Hydrogen Storage Material Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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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.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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