Global Carbon Composite Hydrogen Tanks Market (2021 to 2026) - by Tank Type, Application Type, Process Type and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Carbon Composite Hydrogen Tanks Market by Tank Type, by Application Type, by Process Type, and by Region, Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Hydrogen can be physically stored in gaseous form or liquid form. In gaseous form, hydrogen is stored in high-pressure tanks under 350-700 bar of working pressure. Carbon composite hydrogen tanks include type III and Type IV tanks, made by using carbon fiber. Type III tank has a metal liner (aluminum or steel) with a full-composite overwrap, whereas Type IV is a complete carbon fiber made tank having an inner liner made of polyamide or polyethylene plastic.

With the rapidly increasing emissions from the transportation sector and other applications, economies across the globe are actively implementing stringent standards and mandates supporting environment preservation. The transportation sector generates a quarter of human-induced CO2 emissions. As the predicament becomes even more daunting, the bull's eye is gradually shifting towards alternative technologies that rely less on fossil fuels, bringing electric vehicles into the picture.

E-mobility is at the juncture of bringing in a revolution in the automotive industry. Battery electric vehicles, plug-in hybrids vehicles, and fuel cell electric vehicles are gaining traction among customers at full tilt. During their entire lifecycle, FCEVs are capable of reducing CO2 emissions by 30% as compared to conventional gasoline vehicles as they do not require large batteries whose production is energy and resource-intensive. When it comes to fuel storage, FCEV manufacturers prefer composite pressure vessels over metallic ones for hydrogen storage (Type III and Type IV).

COVID-19 Impact Analysis

The global EV production stood at 7 Million units in 2019 of which FCEVs accounted for <1% share. In 2020, the exponentially growing market faced an unforeseen hurdle - the COVID19 pandemic. Even though the market managed to dodge incurring any losses, it experienced softened growth in the dreadful year. The publisher's estimates suggest that the market is likely to pick up the pace from 2021 onwards to ultimately cross the unprecedented landmark figure of US$ 3 Billion by 2026.

Companies Mentioned

• Faber Industrie SpA
• Hexagon Composites ASA
• Iljin Composites Co., Ltd.
• Luxfer Holdings PLC
• NPROXX B.V.
• SteelHead Composites, Inc.
• Toyota Motor Corporation
• Worthington Industries, Inc.

Key Topics Covered:

1. Executive Summary

2. Carbon Composite Hydrogen Tanks Market Overview and Segmentation

2.1. Introduction

2.2. Carbon Composite Hydrogen Tanks Market Segmentation

2.2.1. By Tank Type

2.2.2. By Application Type

2.2.3. By Process Type

2.2.4. By Region

2.3. Supply Chain Analysis

2.4. Industry Life Cycle Analysis

2.5. PEST Analysis

2.6. SWOT Analysis

3. Carbon Composite Hydrogen Tanks Market - The COVID-19 Impact Assessment

3.1. Carbon Composite Hydrogen Tanks Market Trend and Forecast (US$ Million and Thousand Units)

3.2. Pre-COVID vs Post-COVID Assessment

3.3. Real GDP Loss vs Carbon Composite Hydrogen Tanks Market Loss (2020-2021)

3.4. Market Scenario Analysis: Pessimistic, Most Likely, and Optimistic

3.5. Market Segments' Analysis (US$ Million and Thousand Units)

3.6. Regional and Country-Level Analysis (US$ Million and Thousand Units)

3.7. Market Drivers

3.8. Market Challenges

4. Competitive Analysis

4.1. Publisher Insights

4.2. Product Portfolio Analysis

4.2.1. By Tank Type

4.2.2. By Application Type

4.3. Geographical Presence

4.4. New Product Launches

4.5. Strategic Alliances

4.6. Market Share Analysis

4.7. Porter's Five Forces Analysis

5. Carbon Composite Hydrogen Tanks Market Trend and Forecast by Tank Type (2015-2026)

5.1. Publisher Insights

5.2. Type III: Trend and Forecast (US$ Million and Thousand Units)

5.3. Type IV: Trend and Forecast (US$ Million and Thousand Units)

6. Carbon Composite Hydrogen Tanks Market Trend and Forecast by Application Type (2015-2026)

6.1. Publisher Insights

6.2. Transportation: Trend and Forecast (US$ Million and Thousand Units)

6.2.1. Car: Trend and Forecast (US$ Million and Thousand Units)

6.2.2. MHCV: Trend and Forecast (US$ Million and Thousand Units)

6.2.3. Others: Trend and Forecast (US$ Million and Thousand Units)

6.3. Gas Storage & Distribution: Trend and Forecast (US$ Million and Thousand Units)

6.4. Others: Trend and Forecast (US$ Million and Thousand Units)

7. Carbon Composite Hydrogen Tanks Market Trend and Forecast by Process Type (2015-2026)

7.1. Publisher Insights

7.2. Wet Winding: Trend and Forecast (US$ Million and Thousand Units)

7.3. Dry Winding: Trend and Forecast (US$ Million and Thousand Units)

8. Carbon Composite Hydrogen Tanks Market Trend and Forecast by Region (2015-2026)

8.1. Publisher Insights

8.2. North American Carbon Composite Hydrogen Tanks Market: Country Analysis

8.3. European Carbon Composite Hydrogen Tanks Market: Country Analysis

8.4. Asia-Pacific's Carbon Composite Hydrogen Tanks Market: Country Analysis

8.5. Rest of the World's (RoW) Carbon Composite Hydrogen Tanks Market: Sub-Region Analysis

9. Strategic Growth Opportunities

9.1. Publisher Insights

9.2. Market Attractiveness Analysis

9.2.1. Market Attractiveness by Tank Type

9.2.2. Market Attractiveness by Application Type

9.2.3. Market Attractiveness by Process Type

9.2.4. Market Attractiveness by Region

9.2.5. Market Attractiveness by Country

9.3. Emerging Trends

9.4. Growth Matrix Analysis

9.5. Key Success Factors (KSFs)

10. Company Profile of Key Players

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