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Global Magnesium-based Solid Hydrogen Storage Material Market Research Report 2025
Synopsis
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 Magnesium-based Solid Hydrogen Storage Material market was valued at US$ 12 million in 2023 and is anticipated to reach US$ 263.7 million by 2030, witnessing 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%.
This report aims to provide a comprehensive presentation of the global market for Magnesium-based Solid Hydrogen Storage Material, 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.
Report Scope
The Magnesium-based Solid Hydrogen Storage Material market size, estimations, and forecasts are provided in terms of output/shipments (Sqm) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Magnesium-based Solid Hydrogen Storage Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Magnesium-based Solid Hydrogen Storage Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
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
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Magnesium-based Solid Hydrogen Storage Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Magnesium-based Solid Hydrogen Storage Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Magnesium-based Solid Hydrogen Storage Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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 Magnesium-based Solid Hydrogen Storage Material market was valued at US$ 12 million in 2023 and is anticipated to reach US$ 263.7 million by 2030, witnessing 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%.
This report aims to provide a comprehensive presentation of the global market for Magnesium-based Solid Hydrogen Storage Material, 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.
Report Scope
The Magnesium-based Solid Hydrogen Storage Material market size, estimations, and forecasts are provided in terms of output/shipments (Sqm) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Magnesium-based Solid Hydrogen Storage Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Magnesium-based Solid Hydrogen Storage Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
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
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Magnesium-based Solid Hydrogen Storage Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Magnesium-based Solid Hydrogen Storage Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Magnesium-based Solid Hydrogen Storage Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Magnesium-based Solid Hydrogen Storage Material Market Overview
1.1 Product Definition
1.2 Magnesium-based Solid Hydrogen Storage Material Segment by Type
1.2.1 Global Magnesium-based Solid Hydrogen Storage Material Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Powder Solid Hydrogen Storage Material
1.2.3 Block Solid Hydrogen Storage Material
1.3 Magnesium-based Solid Hydrogen Storage Material Segment by Application
1.3.1 Global Magnesium-based Solid Hydrogen Storage Material Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 New Energy
1.3.3 Medical
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Magnesium-based Solid Hydrogen Storage Material Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Magnesium-based Solid Hydrogen Storage Material Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Magnesium-based Solid Hydrogen Storage Material Production Estimates and Forecasts (2019-2030)
1.4.4 Global Magnesium-based Solid Hydrogen Storage Material Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Magnesium-based Solid Hydrogen Storage Material Production Market Share by Manufacturers (2019-2024)
2.2 Global Magnesium-based Solid Hydrogen Storage Material Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Magnesium-based Solid Hydrogen Storage Material, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Magnesium-based Solid Hydrogen Storage Material Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Magnesium-based Solid Hydrogen Storage Material Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Magnesium-based Solid Hydrogen Storage Material, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Magnesium-based Solid Hydrogen Storage Material, Product Offered and Application
2.8 Global Key Manufacturers of Magnesium-based Solid Hydrogen Storage Material, Date of Enter into This Industry
2.9 Magnesium-based Solid Hydrogen Storage Material Market Competitive Situation and Trends
2.9.1 Magnesium-based Solid Hydrogen Storage Material Market Concentration Rate
2.9.2 Global 5 and 10 Largest Magnesium-based Solid Hydrogen Storage Material Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Magnesium-based Solid Hydrogen Storage Material Production by Region
3.1 Global Magnesium-based Solid Hydrogen Storage Material Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Region (2019-2030)
3.2.1 Global Magnesium-based Solid Hydrogen Storage Material Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Magnesium-based Solid Hydrogen Storage Material by Region (2025-2030)
3.3 Global Magnesium-based Solid Hydrogen Storage Material Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Magnesium-based Solid Hydrogen Storage Material Production by Region (2019-2030)
3.4.1 Global Magnesium-based Solid Hydrogen Storage Material Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Magnesium-based Solid Hydrogen Storage Material by Region (2025-2030)
3.5 Global Magnesium-based Solid Hydrogen Storage Material Market Price Analysis by Region (2019-2024)
3.6 Global Magnesium-based Solid Hydrogen Storage Material Production and Value, Year-over-Year Growth
3.6.1 North America Magnesium-based Solid Hydrogen Storage Material Production Value Estimates and Forecasts (2019-2030)
3.6.2 Japan Magnesium-based Solid Hydrogen Storage Material Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Magnesium-based Solid Hydrogen Storage Material Production Value Estimates and Forecasts (2019-2030)
4 Magnesium-based Solid Hydrogen Storage Material Consumption by Region
4.1 Global Magnesium-based Solid Hydrogen Storage Material Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Magnesium-based Solid Hydrogen Storage Material Consumption by Region (2019-2030)
4.2.1 Global Magnesium-based Solid Hydrogen Storage Material Consumption by Region (2019-2024)
4.2.2 Global Magnesium-based Solid Hydrogen Storage Material Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Magnesium-based Solid Hydrogen Storage Material Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Magnesium-based Solid Hydrogen Storage Material Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Magnesium-based Solid Hydrogen Storage Material Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Magnesium-based Solid Hydrogen Storage Material Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Magnesium-based Solid Hydrogen Storage Material Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Magnesium-based Solid Hydrogen Storage Material Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Magnesium-based Solid Hydrogen Storage Material Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Magnesium-based Solid Hydrogen Storage Material Production by Type (2019-2030)
5.1.1 Global Magnesium-based Solid Hydrogen Storage Material Production by Type (2019-2024)
5.1.2 Global Magnesium-based Solid Hydrogen Storage Material Production by Type (2025-2030)
5.1.3 Global Magnesium-based Solid Hydrogen Storage Material Production Market Share by Type (2019-2030)
5.2 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Type (2019-2030)
5.2.1 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Type (2019-2024)
5.2.2 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Type (2025-2030)
5.2.3 Global Magnesium-based Solid Hydrogen Storage Material Production Value Market Share by Type (2019-2030)
5.3 Global Magnesium-based Solid Hydrogen Storage Material Price by Type (2019-2030)
6 Segment by Application
6.1 Global Magnesium-based Solid Hydrogen Storage Material Production by Application (2019-2030)
6.1.1 Global Magnesium-based Solid Hydrogen Storage Material Production by Application (2019-2024)
6.1.2 Global Magnesium-based Solid Hydrogen Storage Material Production by Application (2025-2030)
6.1.3 Global Magnesium-based Solid Hydrogen Storage Material Production Market Share by Application (2019-2030)
6.2 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Application (2019-2030)
6.2.1 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Application (2019-2024)
6.2.2 Global Magnesium-based Solid Hydrogen Storage Material Production Value by Application (2025-2030)
6.2.3 Global Magnesium-based Solid Hydrogen Storage Material Production Value Market Share by Application (2019-2030)
6.3 Global Magnesium-based Solid Hydrogen Storage Material Price by Application (2019-2030)
7 Key Companies Profiled
7.1 MG Power
7.1.1 MG Power Magnesium-based Solid Hydrogen Storage Material Corporation Information
7.1.2 MG Power Magnesium-based Solid Hydrogen Storage Material Product Portfolio
7.1.3 MG Power Magnesium-based Solid Hydrogen Storage Material Production, Value, Price and Gross Margin (2019-2024)
7.1.4 MG Power Main Business and Markets Served
7.1.5 MG Power Recent Developments/Updates
7.2 GRIMAT
7.2.1 GRIMAT Magnesium-based Solid Hydrogen Storage Material Corporation Information
7.2.2 GRIMAT Magnesium-based Solid Hydrogen Storage Material Product Portfolio
7.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Material Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GRIMAT Main Business and Markets Served
7.2.5 GRIMAT Recent Developments/Updates
7.3 Shanghai H2store Energy Technology
7.3.1 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Corporation Information
7.3.2 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Product Portfolio
7.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Material Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Shanghai H2store Energy Technology Main Business and Markets Served
7.3.5 Shanghai H2store Energy Technology Recent Developments/Updates
7.4 Biocoke Lab
7.4.1 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Corporation Information
7.4.2 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Product Portfolio
7.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Material Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Biocoke Lab Main Business and Markets Served
7.4.5 Biocoke Lab Recent Developments/Updates
7.5 Sigma Aldrich
7.5.1 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Corporation Information
7.5.2 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Product Portfolio
7.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Material Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sigma Aldrich Main Business and Markets Served
7.5.5 Sigma Aldrich Recent Developments/Updates
7.6 Jiangsu JITRI Advanced Energy Materials
7.6.1 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Corporation Information
7.6.2 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Product Portfolio
7.6.3 Jiangsu JITRI Advanced Energy Materials Magnesium-based Solid Hydrogen Storage Material Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jiangsu JITRI Advanced Energy Materials Main Business and Markets Served
7.6.5 Jiangsu JITRI Advanced Energy Materials Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Magnesium-based Solid Hydrogen Storage Material Industry Chain Analysis
8.2 Magnesium-based Solid Hydrogen Storage Material Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Magnesium-based Solid Hydrogen Storage Material Production Mode & Process
8.4 Magnesium-based Solid Hydrogen Storage Material Sales and Marketing
8.4.1 Magnesium-based Solid Hydrogen Storage Material Sales Channels
8.4.2 Magnesium-based Solid Hydrogen Storage Material Distributors
8.5 Magnesium-based Solid Hydrogen Storage Material Customers
9 Magnesium-based Solid Hydrogen Storage Material Market Dynamics
9.1 Magnesium-based Solid Hydrogen Storage Material Industry Trends
9.2 Magnesium-based Solid Hydrogen Storage Material Market Drivers
9.3 Magnesium-based Solid Hydrogen Storage Material Market Challenges
9.4 Magnesium-based Solid Hydrogen Storage Material Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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