The Global Compressed Hydrogen Gas Storage Market was valued at USD 1.87 Billion in 2024 and is projected to reach USD 3.21 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period (2024–2030). This growth is being driven by accelerating adoption of hydrogen fuel cell vehicles, expanding hydrogen refueling infrastructure, and growing industrial applications for clean hydrogen solutions.

As compressed gas storage remains the dominant hydrogen storage method due to its technological maturity and cost-effectiveness, key players are innovating in high-pressure tanks, transportation solutions, and integrated storage systems. In this report, we analyze the Top 10 Companies in the Compressed Hydrogen Gas Storage Industry—ranging from industrial gas giants to specialized composite tank manufacturers driving the hydrogen economy forward.

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🔟 1. Hexagon Purus

Headquarters: Oslo, Norway
Key Offering: Type IV composite cylinders, mobile storage modules

Hexagon Purus dominates the lightweight composite cylinder market with its proprietary carbon fiber technology. The company supplies storage solutions for fuel cell electric vehicles, commercial trucks, and hydrogen infrastructure applications.

Key Innovations:

• 700 bar Type IV cylinders with industry-leading weight-to-capacity ratio
• Integrated storage systems for hydrogen refueling stations
• Strategic partnerships with Daimler Truck and other OEMs

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9️⃣ 2. Luxfer Gas Cylinders

Headquarters: Nottingham, UK
Key Offering: Aluminum and composite cylinders, bulk transport systems

With over 125 years of pressure vessel experience, Luxfer manufactures cylinders for hydrogen applications across mobility, industrial, and aerospace sectors. Their patented lightweight designs enable efficient gas storage and transportation.

Key Innovations:

• HydraPLUS™ cylinders optimized for hydrogen stations
• DOT/ISO/UN-compliant transport solutions
• Customized cylinder bundles for industrial applications

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8️⃣ 3. Quantum Fuel Systems

Headquarters: Irvine, California, USA
Key Offering: Complete hydrogen storage systems, fuel delivery modules

Quantum specializes in engineered storage solutions for automotive applications, providing integrated tank systems with advanced thermal management and control technologies.

Key Innovations:

• 10,000 psi systems for heavy-duty hydrogen trucks
• Patented thermoplastic liners for improved durability
• Strategic supply agreement with Hyundai Motors

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7️⃣ 4. Faber Industrie

Headquarters: Cuneo, Italy
Key Offering: Large-scale stationary storage, hydrogen tube trailers

Faber provides engineered solutions for industrial hydrogen storage and transportation, with expertise in high-pressure gas systems for the complete hydrogen value chain.

Key Innovations:

• 500+ bar bulk storage banks
• ISO containerized transport systems
• Pipeline buffer storage solutions

Download FREE Sample Report: Compressed Hydrogen Gas Storage Market – View in Detailed Research Report

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6️⃣ 5. Worthington Industries

Headquarters: Columbus, Ohio, USA
Key Offering: Steel and composite cylinders, bulk hydrogen storage

Worthington combines legacy pressure vessel expertise with emerging hydrogen technologies, providing storage solutions for diverse applications requiring compressed gas storage.

Key Innovations:

• Hydro-Pac® stationary hydrogen storage
• Advanced materials for high-pressure service
• Partnerships with hydrogen producers and distributors

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5️⃣ 6. Air Liquide

Headquarters: Paris, France
Key Offering: Integrated storage solutions, hydrogen infrastructure

Air Liquide leverages its industrial gas expertise to provide comprehensive hydrogen solutions, from production and storage to distribution and dispensing technologies.

Key Innovations:

• Cryo-compressed hydrogen storage R&D
• HyPSTER underground salt cavern storage project
• Hydrogen highway infrastructure development

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4️⃣ 7. Mahler AGS

Headquarters: Gundelfingen, Germany
Key Offering: Custom high-pressure systems, hydrogen cylinders

Mahler specializes in engineered pressure solutions for demanding hydrogen applications, with capabilities spanning mobile, stationary, and industrial storage configurations.

Key Innovations:

• Hydrogen compression technologies
• High-flow refueling storage systems
• Safety-engineered bulk storage designs

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3️⃣ 8. Beijing Tianhai Industry

Headquarters: Beijing, China
Key Offering: Large transport cylinders, vehicle storage solutions

As China’s leading domestic hydrogen storage provider, Beijing Tianhai supports the country’s rapidly expanding fuel cell vehicle market with high-pressure storage technologies.

Key Innovations:

• Type III composite cylinders for commercial vehicles
• Full supply chain capabilities
• Strategic alliances with Chinese OEMs

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2️⃣ 9. Plastic Omnium

Headquarters: Levallois-Perret, France
Key Offering: Lightweight onboard storage systems

Plastic Omnium brings automotive systems expertise to hydrogen storage, focusing on integrated solutions for passenger vehicles and light commercial applications.

Key Innovations:

• Advanced carbon fiber tank technology
• Strategic partnership with Faurecia
• Development of conformable storage options

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1️⃣ 10. McPhy Energy

Headquarters: Grenoble, France
Key Offering: Large-scale stationary storage, electrolyzer integration

McPhy specializes in bulk hydrogen storage solutions that interface with renewable energy systems, offering innovative buffer storage technologies.

Key Innovations:

• Hydrogen solid storage development
• Megawatt-scale energy storage projects
• Integrated electrolysis and storage solutions

Read Full Report: Compressed Hydrogen Gas Storage Market – View in Detailed Research Report

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🌍 Outlook: Compressed Storage Drives Hydrogen Adoption

The compressed hydrogen gas storage market continues to evolve with technological improvements in materials, system designs, and digital monitoring capabilities that enhance safety and performance across applications.

📈 Market-Shaping Developments:

• Advanced composite materials reducing tank weights by up to 50%
• Standardization of 700 bar storage for mobility applications
• Integration with expanding hydrogen refueling infrastructure
• Digital twins and IoT monitoring for operational optimization

Read Full Report: Compressed Hydrogen Gas Storage Market – View in Detailed Research Report

These industry leaders are enabling hydrogen’s critical role in the energy transition through continuous innovations that improve storage density, safety, and total system economics across transportation, industrial, and energy storage applications.