LIQUID HYDROGEN TANK MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Liquid Hydrogen Tank Market, By Type (Below 25 m³, 25m³-45m³, 45m³-100m³, Above 100m³), By Application (Aerospace, Industrial, Transportation, Energy, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In August 2024, Linde plc announced a significant expansion of its clean hydrogen initiatives with a US$ 2 billion investment in a new production facility in Alberta, Canada. This state-of-the-art plant will supply hydrogen to Dow's Path2Zero complex and other clients, featuring an impressive carbon capture and sequestration capacity of over 2 million metric tons annually.
In September 2022, Linde announced plans to construct a 35-megawatt Proton Exchange Membrane (PEM) electrolyzer in Niagara Falls, New York. This facility, set to be the company's largest electrolyzer globally, aims to enhance green liquid hydrogen production capacity in the U.S.
In August 2022, INOXCVA designed, engineered, and manufactured India's largest liquid hydrogen storage tank, boasting a capacity of 238 cubic meters. This tank was dispatched from INOXCVA's Kandla facility to South Korea for a clean energy demonstration project.