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.
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Global Magnesium-based Solid Hydrogen Storage Material market is projected to reach US$ 263.7 million in 2029, increasing from US$ 12 million in 2022, with the CAGR of 59.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Magnesium-based Solid Hydrogen Storage Material market research.
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%.
Scope of Magnesium-based Solid Hydrogen Storage Material Market Report:
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Attention Deficit Hyperactivity Disorder (ADHD) Treatment market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
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Segment by Type:
- Powder Solid Hydrogen Storage Material
- Block Solid Hydrogen Storage Material
Segment by Application:
- New Energy
- Medical
- Others
Production by Region:
- North America
- Japan
- China
Leading Key Players of Magnesium-based Solid Hydrogen Storage Material Market:
- MG Power
- GRIMAT
- Shanghai H2store Energy Technology
- Biocoke Lab
- Sigma Aldrich
- Jiangsu JITRI Advanced Energy Materials
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The Magnesium-based Solid Hydrogen Storage Material report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
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