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Composite Hydrogen Cylinder-Global Market Insights and Sales Trends 2025
Synopsis
The global Composite Hydrogen Cylinder market size is expected to reach US$ 2446.3 million by 2029, growing at a CAGR of 28.9% from 2023 to 2029. The market is mainly driven by the significant applications of Composite Hydrogen Cylinder in various end use industries. The expanding demands from the Industrials, Automotive and Others,, are propelling Composite Hydrogen Cylinder market. Type III, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type IV segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Composite Hydrogen Cylinder market, driven by demand from China, the second largest economy with some signs of stabilising, the Composite Hydrogen Cylinder market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Composite Hydrogen Cylinder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Composite Hydrogen Cylinder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Composite Hydrogen Cylinder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Composite Hydrogen Cylinder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Composite Hydrogen Cylinder covered in this report include Toyota, Faurecia, CLD, Hexagon Composites ASA, Faber Industrie S.P.A., Luxfer Group, Quantum Fuel Systems, NPROXX and Worthington Industries, Inc., etc.
The global Composite Hydrogen Cylinder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota
Faurecia
CLD
Hexagon Composites ASA
Faber Industrie S.P.A.
Luxfer Group
Quantum Fuel Systems
NPROXX
Worthington Industries, Inc.
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
CTC
Iljin
Global Composite Hydrogen Cylinder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Composite Hydrogen Cylinder market, Segment by Type:
Type III
Type IV
Global Composite Hydrogen Cylinder market, by Application
Industrials
Automotive
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Composite Hydrogen Cylinder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Composite Hydrogen Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Composite Hydrogen Cylinder market size is expected to reach US$ 2446.3 million by 2029, growing at a CAGR of 28.9% from 2023 to 2029. The market is mainly driven by the significant applications of Composite Hydrogen Cylinder in various end use industries. The expanding demands from the Industrials, Automotive and Others,, are propelling Composite Hydrogen Cylinder market. Type III, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type IV segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Composite Hydrogen Cylinder market, driven by demand from China, the second largest economy with some signs of stabilising, the Composite Hydrogen Cylinder market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Composite Hydrogen Cylinder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Composite Hydrogen Cylinder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Composite Hydrogen Cylinder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Composite Hydrogen Cylinder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Composite Hydrogen Cylinder covered in this report include Toyota, Faurecia, CLD, Hexagon Composites ASA, Faber Industrie S.P.A., Luxfer Group, Quantum Fuel Systems, NPROXX and Worthington Industries, Inc., etc.
The global Composite Hydrogen Cylinder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota
Faurecia
CLD
Hexagon Composites ASA
Faber Industrie S.P.A.
Luxfer Group
Quantum Fuel Systems
NPROXX
Worthington Industries, Inc.
Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
CTC
Iljin
Global Composite Hydrogen Cylinder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Composite Hydrogen Cylinder market, Segment by Type:
Type III
Type IV
Global Composite Hydrogen Cylinder market, by Application
Industrials
Automotive
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Composite Hydrogen Cylinder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Composite Hydrogen Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Composite Hydrogen Cylinder Market Overview
1.1 Composite Hydrogen Cylinder Product Overview
1.2 Composite Hydrogen Cylinder Market Segment by Type
1.2.1 Type III
1.2.2 Type IV
1.3 Global Composite Hydrogen Cylinder Market Size by Type
1.3.1 Global Composite Hydrogen Cylinder Market Size Overview by Type (2018-2029)
1.3.2 Global Composite Hydrogen Cylinder Historic Market Size Review by Type (2018-2023)
1.3.3 Global Composite Hydrogen Cylinder Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Composite Hydrogen Cylinder Sales Breakdown by Type (2018-2023)
1.4.2 Europe Composite Hydrogen Cylinder Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Composite Hydrogen Cylinder Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Composite Hydrogen Cylinder Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Composite Hydrogen Cylinder Sales Breakdown by Type (2018-2023)
2 Global Composite Hydrogen Cylinder Market Competition by Company
2.1 Global Top Players by Composite Hydrogen Cylinder Sales (2018-2023)
2.2 Global Top Players by Composite Hydrogen Cylinder Revenue (2018-2023)
2.3 Global Top Players by Composite Hydrogen Cylinder Price (2018-2023)
2.4 Global Top Manufacturers Composite Hydrogen Cylinder Manufacturing Base Distribution, Sales Area, Product Type
2.5 Composite Hydrogen Cylinder Market Competitive Situation and Trends
2.5.1 Composite Hydrogen Cylinder Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Composite Hydrogen Cylinder Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Composite Hydrogen Cylinder as of 2022)
2.7 Date of Key Manufacturers Enter into Composite Hydrogen Cylinder Market
2.8 Key Manufacturers Composite Hydrogen Cylinder Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Composite Hydrogen Cylinder Status and Outlook by Region
3.1 Global Composite Hydrogen Cylinder Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Composite Hydrogen Cylinder Historic Market Size by Region
3.2.1 Global Composite Hydrogen Cylinder Sales in Volume by Region (2018-2023)
3.2.2 Global Composite Hydrogen Cylinder Sales in Value by Region (2018-2023)
3.2.3 Global Composite Hydrogen Cylinder Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Composite Hydrogen Cylinder Forecasted Market Size by Region
3.3.1 Global Composite Hydrogen Cylinder Sales in Volume by Region (2024-2029)
3.3.2 Global Composite Hydrogen Cylinder Sales in Value by Region (2024-2029)
3.3.3 Global Composite Hydrogen Cylinder Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Composite Hydrogen Cylinder by Application
4.1 Composite Hydrogen Cylinder Market Segment by Application
4.1.1 Industrials
4.1.2 Automotive
4.1.3 Others
4.2 Global Composite Hydrogen Cylinder Market Size by Application
4.2.1 Global Composite Hydrogen Cylinder Market Size Overview by Application (2018-2029)
4.2.2 Global Composite Hydrogen Cylinder Historic Market Size Review by Application (2018-2023)
4.2.3 Global Composite Hydrogen Cylinder Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Composite Hydrogen Cylinder Sales Breakdown by Application (2018-2023)
4.3.2 Europe Composite Hydrogen Cylinder Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Composite Hydrogen Cylinder Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Composite Hydrogen Cylinder Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Composite Hydrogen Cylinder Sales Breakdown by Application (2018-2023)
5 North America Composite Hydrogen Cylinder by Country
5.1 North America Composite Hydrogen Cylinder Historic Market Size by Country
5.1.1 North America Composite Hydrogen Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Composite Hydrogen Cylinder Sales in Volume by Country (2018-2023)
5.1.3 North America Composite Hydrogen Cylinder Sales in Value by Country (2018-2023)
5.2 North America Composite Hydrogen Cylinder Forecasted Market Size by Country
5.2.1 North America Composite Hydrogen Cylinder Sales in Volume by Country (2024-2029)
5.2.2 North America Composite Hydrogen Cylinder Sales in Value by Country (2024-2029)
6 Europe Composite Hydrogen Cylinder by Country
6.1 Europe Composite Hydrogen Cylinder Historic Market Size by Country
6.1.1 Europe Composite Hydrogen Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Composite Hydrogen Cylinder Sales in Volume by Country (2018-2023)
6.1.3 Europe Composite Hydrogen Cylinder Sales in Value by Country (2018-2023)
6.2 Europe Composite Hydrogen Cylinder Forecasted Market Size by Country
6.2.1 Europe Composite Hydrogen Cylinder Sales in Volume by Country (2024-2029)
6.2.2 Europe Composite Hydrogen Cylinder Sales in Value by Country (2024-2029)
7 Asia-Pacific Composite Hydrogen Cylinder by Region
7.1 Asia-Pacific Composite Hydrogen Cylinder Historic Market Size by Region
7.1.1 Asia-Pacific Composite Hydrogen Cylinder Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Composite Hydrogen Cylinder Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Composite Hydrogen Cylinder Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Composite Hydrogen Cylinder Forecasted Market Size by Region
7.2.1 Asia-Pacific Composite Hydrogen Cylinder Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Composite Hydrogen Cylinder Sales in Value by Region (2024-2029)
8 Latin America Composite Hydrogen Cylinder by Country
8.1 Latin America Composite Hydrogen Cylinder Historic Market Size by Country
8.1.1 Latin America Composite Hydrogen Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Composite Hydrogen Cylinder Sales in Volume by Country (2018-2023)
8.1.3 Latin America Composite Hydrogen Cylinder Sales in Value by Country (2018-2023)
8.2 Latin America Composite Hydrogen Cylinder Forecasted Market Size by Country
8.2.1 Latin America Composite Hydrogen Cylinder Sales in Volume by Country (2024-2029)
8.2.2 Latin America Composite Hydrogen Cylinder Sales in Value by Country (2024-2029)
9 Middle East and Africa Composite Hydrogen Cylinder by Country
9.1 Middle East and Africa Composite Hydrogen Cylinder Historic Market Size by Country
9.1.1 Middle East and Africa Composite Hydrogen Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Composite Hydrogen Cylinder Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Composite Hydrogen Cylinder Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Composite Hydrogen Cylinder Forecasted Market Size by Country
9.2.1 Middle East and Africa Composite Hydrogen Cylinder Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Composite Hydrogen Cylinder Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toyota
10.1.1 Toyota Company Information
10.1.2 Toyota Introduction and Business Overview
10.1.3 Toyota Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toyota Composite Hydrogen Cylinder Products Offered
10.1.5 Toyota Recent Development
10.2 Faurecia
10.2.1 Faurecia Company Information
10.2.2 Faurecia Introduction and Business Overview
10.2.3 Faurecia Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Faurecia Composite Hydrogen Cylinder Products Offered
10.2.5 Faurecia Recent Development
10.3 CLD
10.3.1 CLD Company Information
10.3.2 CLD Introduction and Business Overview
10.3.3 CLD Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CLD Composite Hydrogen Cylinder Products Offered
10.3.5 CLD Recent Development
10.4 Hexagon Composites ASA
10.4.1 Hexagon Composites ASA Company Information
10.4.2 Hexagon Composites ASA Introduction and Business Overview
10.4.3 Hexagon Composites ASA Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hexagon Composites ASA Composite Hydrogen Cylinder Products Offered
10.4.5 Hexagon Composites ASA Recent Development
10.5 Faber Industrie S.P.A.
10.5.1 Faber Industrie S.P.A. Company Information
10.5.2 Faber Industrie S.P.A. Introduction and Business Overview
10.5.3 Faber Industrie S.P.A. Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Faber Industrie S.P.A. Composite Hydrogen Cylinder Products Offered
10.5.5 Faber Industrie S.P.A. Recent Development
10.6 Luxfer Group
10.6.1 Luxfer Group Company Information
10.6.2 Luxfer Group Introduction and Business Overview
10.6.3 Luxfer Group Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Luxfer Group Composite Hydrogen Cylinder Products Offered
10.6.5 Luxfer Group Recent Development
10.7 Quantum Fuel Systems
10.7.1 Quantum Fuel Systems Company Information
10.7.2 Quantum Fuel Systems Introduction and Business Overview
10.7.3 Quantum Fuel Systems Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Quantum Fuel Systems Composite Hydrogen Cylinder Products Offered
10.7.5 Quantum Fuel Systems Recent Development
10.8 NPROXX
10.8.1 NPROXX Company Information
10.8.2 NPROXX Introduction and Business Overview
10.8.3 NPROXX Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.8.4 NPROXX Composite Hydrogen Cylinder Products Offered
10.8.5 NPROXX Recent Development
10.9 Worthington Industries, Inc.
10.9.1 Worthington Industries, Inc. Company Information
10.9.2 Worthington Industries, Inc. Introduction and Business Overview
10.9.3 Worthington Industries, Inc. Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Worthington Industries, Inc. Composite Hydrogen Cylinder Products Offered
10.9.5 Worthington Industries, Inc. Recent Development
10.10 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd.
10.10.1 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Company Information
10.10.2 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Introduction and Business Overview
10.10.3 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Composite Hydrogen Cylinder Products Offered
10.10.5 Zhangjiagang Furui Hydrogen Power Equipment Co., Ltd. Recent Development
10.11 CTC
10.11.1 CTC Company Information
10.11.2 CTC Introduction and Business Overview
10.11.3 CTC Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CTC Composite Hydrogen Cylinder Products Offered
10.11.5 CTC Recent Development
10.12 Iljin
10.12.1 Iljin Company Information
10.12.2 Iljin Introduction and Business Overview
10.12.3 Iljin Composite Hydrogen Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Iljin Composite Hydrogen Cylinder Products Offered
10.12.5 Iljin Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Composite Hydrogen Cylinder Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Composite Hydrogen Cylinder Industrial Chain Analysis
11.4 Composite Hydrogen Cylinder Market Dynamics
11.4.1 Composite Hydrogen Cylinder Industry Trends
11.4.2 Composite Hydrogen Cylinder Market Drivers
11.4.3 Composite Hydrogen Cylinder Market Challenges
11.4.4 Composite Hydrogen Cylinder Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Composite Hydrogen Cylinder Distributors
12.3 Composite Hydrogen Cylinder Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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