HYDROGEN STORAGE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In August 2021, Auguste Cryogenics, a company that specializes in the manufacturing of cryogenic storage equipment, delivered the company’s second jumbo liquid hydrogen storage tank
• In May 2022, Air Liquide and Lotte Chemical entered into a strategic alliance for the development of the hydrogen supply chain in South Korea. Additionally, the companies will co-invest through the joint venture in a new generation of large scale hydrogen filling centers in Daesan and Ulsan.
• In February 2021, Linde, a chemical company and Hyosung announced a partnership to develop extensive new liquid hydrogen infrastructure in South Korea
• In July 2021, Luxfer Holdings PLC, a leading manufacturer of high-pressure composite and aluminum cylinders worldwide, announced a partnership with Octopus Hydrogen to make heavy goods transportation and the aviation industries cleaner and greener.