Global Magnesium-based Solid Hydrogen Storage Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Magnesium-based Solid Hydrogen Storage market size will reach 44.29 Million USD in 2025 and is projected to reach 1,554.01 Million USD by 2032, with a CAGR of 66.24% (2025-2032). Notably, the China Magnesium-based Solid Hydrogen Storage market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Magnesium-based solid hydrogen storage involves using magnesium (Mg) as a medium to store hydrogen gas in a solid form. Typically, this process involves hydrogen atoms being absorbed into the lattice structure of magnesium to form magnesium hydride (MgH2). This absorption process is reversible, allowing for the release of hydrogen when needed. Magnesium-based solid hydrogen storage is promising for hydrogen fuel applications due to its high hydrogen storage capacity by weight, relatively low cost, and abundance. However, challenges include slow kinetics of hydrogen absorption and desorption, high operating temperatures, and the need for catalysts or additives to improve performance.
The major global manufacturers of Magnesium-based Solid Hydrogen Storage include MG Power, GRIMAT, Shanghai H2store Energy Technology, Biocoke Lab, Sigma Aldrich, Jiangsu JITRI Advanced Energy Materials, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Magnesium-based Solid Hydrogen Storage. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Magnesium-based Solid Hydrogen Storage market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Magnesium-based Solid Hydrogen Storage market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Magnesium-based Solid Hydrogen Storage industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Magnesium-based Solid Hydrogen Storage Include:
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
Magnesium-based Solid Hydrogen Storage Product Segment Include:
Powder Solid Hydrogen Storage Material
Block Solid Hydrogen Storage Material
Magnesium-based Solid Hydrogen Storage Product Application Include:
New Energy
Medical
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Magnesium-based Solid Hydrogen Storage Capacity and Production Analysis
Chapter 3: Global Magnesium-based Solid Hydrogen Storage Industry PESTEL Analysis
Chapter 4: Global Magnesium-based Solid Hydrogen Storage Industry Porter's Five Forces Analysis
Chapter 5: Global Magnesium-based Solid Hydrogen Storage Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Magnesium-based Solid Hydrogen Storage Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Magnesium-based Solid Hydrogen Storage Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Magnesium-based Solid Hydrogen Storage Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Magnesium-based Solid Hydrogen Storage market size will reach 44.29 Million USD in 2025 and is projected to reach 1,554.01 Million USD by 2032, with a CAGR of 66.24% (2025-2032). Notably, the China Magnesium-based Solid Hydrogen Storage market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Magnesium-based solid hydrogen storage involves using magnesium (Mg) as a medium to store hydrogen gas in a solid form. Typically, this process involves hydrogen atoms being absorbed into the lattice structure of magnesium to form magnesium hydride (MgH2). This absorption process is reversible, allowing for the release of hydrogen when needed. Magnesium-based solid hydrogen storage is promising for hydrogen fuel applications due to its high hydrogen storage capacity by weight, relatively low cost, and abundance. However, challenges include slow kinetics of hydrogen absorption and desorption, high operating temperatures, and the need for catalysts or additives to improve performance.
The major global manufacturers of Magnesium-based Solid Hydrogen Storage include MG Power, GRIMAT, Shanghai H2store Energy Technology, Biocoke Lab, Sigma Aldrich, Jiangsu JITRI Advanced Energy Materials, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Magnesium-based Solid Hydrogen Storage. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Magnesium-based Solid Hydrogen Storage market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Magnesium-based Solid Hydrogen Storage market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Magnesium-based Solid Hydrogen Storage industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Magnesium-based Solid Hydrogen Storage Include:
MG Power
GRIMAT
Shanghai H2store Energy Technology
Biocoke Lab
Sigma Aldrich
Jiangsu JITRI Advanced Energy Materials
Magnesium-based Solid Hydrogen Storage Product Segment Include:
Powder Solid Hydrogen Storage Material
Block Solid Hydrogen Storage Material
Magnesium-based Solid Hydrogen Storage Product Application Include:
New Energy
Medical
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Magnesium-based Solid Hydrogen Storage Capacity and Production Analysis
Chapter 3: Global Magnesium-based Solid Hydrogen Storage Industry PESTEL Analysis
Chapter 4: Global Magnesium-based Solid Hydrogen Storage Industry Porter's Five Forces Analysis
Chapter 5: Global Magnesium-based Solid Hydrogen Storage Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Magnesium-based Solid Hydrogen Storage Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Magnesium-based Solid Hydrogen Storage Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Magnesium-based Solid Hydrogen Storage Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Magnesium-based Solid Hydrogen Storage Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Magnesium-based Solid Hydrogen Storage Product by Type
- 1.2.1 Powder Solid Hydrogen Storage Material
- 1.2.2 Block Solid Hydrogen Storage Material
- 1.3 Magnesium-based Solid Hydrogen Storage Product by Application
- 1.3.1 New Energy
- 1.3.2 Medical
- 1.3.3 Others
- 1.4 Global Magnesium-based Solid Hydrogen Storage Market Revenue and Sales Analysis
- 1.4.1 Global Magnesium-based Solid Hydrogen Storage Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Magnesium-based Solid Hydrogen Storage Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Magnesium-based Solid Hydrogen Storage Market Sales Price Trend Analysis (2020-2032)
- 1.5 Magnesium-based Solid Hydrogen Storage Market Development Status and Trends
- 1.5.1 Magnesium-based Solid Hydrogen Storage Industry Development Status Analysis
- 1.5.2 Magnesium-based Solid Hydrogen Storage Industry Development Trends Analysis
- 2 Global Magnesium-based Solid Hydrogen Storage Capacity and Production Analysis
- 2.1 Global Magnesium-based Solid Hydrogen Storage Capacity, Production and Utilization (2020-2032)
- 2.2 Global Magnesium-based Solid Hydrogen Storage Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Magnesium-based Solid Hydrogen Storage Production by Region
- 2.3.1 Global Magnesium-based Solid Hydrogen Storage Production by Region (2020-2025)
- 2.3.2 Global Magnesium-based Solid Hydrogen Storage Production Forecast by Region (2026-2032)
- 2.3.3 Global Magnesium-based Solid Hydrogen Storage Production Market Share by Region (2020-2032)
- 3 Magnesium-based Solid Hydrogen Storage Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Magnesium-based Solid Hydrogen Storage Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Magnesium-based Solid Hydrogen Storage Market Analysis by Country
- 5.1 Global Magnesium-based Solid Hydrogen Storage Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Magnesium-based Solid Hydrogen Storage Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Magnesium-based Solid Hydrogen Storage Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Magnesium-based Solid Hydrogen Storage Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Magnesium-based Solid Hydrogen Storage Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Magnesium-based Solid Hydrogen Storage Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Magnesium-based Solid Hydrogen Storage Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Magnesium-based Solid Hydrogen Storage Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Magnesium-based Solid Hydrogen Storage Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Magnesium-based Solid Hydrogen Storage Average Sales Price by Manufacturers (2021-2025)
- 6.2 Magnesium-based Solid Hydrogen Storage Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Magnesium-based Solid Hydrogen Storage Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Magnesium-based Solid Hydrogen Storage Market Analysis by Type
- 7.1 Global Magnesium-based Solid Hydrogen Storage Market Revenue Analysis by Type
- 7.1.1 Global Magnesium-based Solid Hydrogen Storage Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Magnesium-based Solid Hydrogen Storage Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Magnesium-based Solid Hydrogen Storage Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Magnesium-based Solid Hydrogen Storage Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 MG Power
- 8.1.1 MG Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 MG Power Magnesium-based Solid Hydrogen Storage Product Portfolio
- 8.1.3 MG Power Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 GRIMAT
- 8.2.1 GRIMAT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 GRIMAT Magnesium-based Solid Hydrogen Storage Product Portfolio
- 8.2.3 GRIMAT Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Shanghai H2store Energy Technology
- 8.3.1 Shanghai H2store Energy Technology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Product Portfolio
- 8.3.3 Shanghai H2store Energy Technology Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Biocoke Lab
- 8.4.1 Biocoke Lab Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Biocoke Lab Magnesium-based Solid Hydrogen Storage Product Portfolio
- 8.4.3 Biocoke Lab Magnesium-based Solid Hydrogen Storage Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 Sigma Aldrich
- 8.5.1 Sigma Aldrich Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Product Portfolio
- 8.5.3 Sigma Aldrich Magnesium-based Solid Hydrogen Storage Market Data A
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
