The Global Hydrogen Pressure Vessels Market was valued at US$ 220.01 Million in 2022 and is projected to reach US$ 429.02 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 11.77% during the forecast period (2023–2028). This robust growth is primarily driven by the global push for clean energy, accelerating investments in hydrogen infrastructure, and the rising adoption of fuel cell electric vehicles (FCEVs) across transportation and industrial sectors.

As the world pivots toward a decarbonized economy, hydrogen pressure vessels are becoming critical components for the safe storage and transportation of hydrogen. This blog profiles the Top 10 Companies in the Hydrogen Pressure Vessels Industry—a group of established industrial gas experts and innovative composite specialists who are building the backbone of the future hydrogen economy.

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Global Hydrogen Pressure Vessels Industry Research Report Growth Trends and Competitive Analysis 2022-2028 – View in Detailed Research Report

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🔟 1. Hexagon Composites ASA

Headquarters: Alesund, Norway
Key Offering: Type IV composite cylinders, Mobile pipelines, Fuel systems for vehicles

Hexagon Composites is a global leader in composite hydrogen pressure vessels, renowned for its lightweight and high-strength Type IV cylinder technology. The company’s products are integral to hydrogen storage and transportation for mobility, from cars and buses to trucks and marine vessels.

Innovation Initiatives:

• Pioneer in carbon fiber composite cylinder technology

• Strategic partnerships with major automotive OEMs for FCEV development

• Expanding production capacity to meet soaring demand for clean mobility solutions

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9️⃣ 2. Worthington Industries

Headquarters: Columbus, Ohio, USA
Key Offering: Type I, Type II, and Type III cylinders, Bulk storage solutions

Worthington Industries is a diversified metals manufacturer with a significant presence in the pressure vessel market. The company produces a wide range of cylinders for industrial gas storage, including hydrogen, serving various applications from welding to energy storage.

Innovation Initiatives:

• Investment in advanced manufacturing for lightweight composite vessels

• Focus on developing integrated hydrogen storage systems for refueling stations

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8️⃣ 3. Faber Industrie S.P.A.

Headquarters: Vittorio Veneto, Italy
Key Offering: Type I, Type II, Type III, and Type IV cylinders for various gases including hydrogen

Faber Industrie is a leading European manufacturer of high-pressure cylinders for industrial and medical gases. The company has a strong legacy in metal cylinder production and is actively expanding its portfolio to include advanced composite solutions for hydrogen applications.

Innovation Initiatives:

• Broad portfolio catering to diverse pressure and capacity requirements

• Focus on R&D for improving the safety and efficiency of hydrogen storage

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7️⃣ 4. Luxfer Holdings PLC (Luxfer Gas Cylinders)

Headquarters: Manchester, United Kingdom
Key Offering: Type III composite cylinders, Aluminum and steel cylinders

Luxfer is a world-leading manufacturer of high-pressure gas cylinders, with a strong focus on lightweight composite alternatives. Their products are used for hydrogen fuel storage in vehicles, emergency backup power, and industrial gas containment.

Innovation Initiatives:

• Extensive expertise in aluminum and composite cylinder technology

• Active role in developing standards for hydrogen fuel cell vehicle cylinders

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6️⃣ 5. NPROXX

Headquarters: Heinsberg, Germany
Key Offering: Type IV hydrogen storage cylinders, Customized tank systems

NPROXX specializes exclusively in hydrogen storage solutions, offering high-performance Type IV composite pressure vessels. The company focuses on applications in transportation, including rail, automotive, and heavy-duty vehicles, as well as stationary storage.

Innovation Initiatives:

• Specialization in high-pressure hydrogen storage up to 700 bar

• Joint ventures and collaborations to advance hydrogen infrastructure

Download FREE Sample Report:
Global Hydrogen Pressure Vessels Industry Research Report Growth Trends and Competitive Analysis 2022-2028 – View in Detailed Research Report

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5️⃣ 6. Quantum Fuel Systems

Headquarters: Irvine, California, USA
Key Offering: Integrated fuel storage systems, Type III and Type IV tanks

A wholly owned subsidiary of Ascento Capital Ltd., Quantum Fuel Systems is a tier-one supplier of complete hydrogen storage systems. They provide solutions for automotive, aerospace, and industrial applications, combining tank technology with advanced electronic controls.

Innovation Initiatives:

• Development of fully integrated fuel system solutions

• Focus on lightweighting and cost reduction for mass-market FCEV adoption

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4️⃣ 7. ILJIN Composites Co., Ltd.

Headquarters: Gyeongsangbuk-do, South Korea
Key Offering: Type IV hydrogen cylinders, Carbon fiber composites

ILJIN Composites is a key player in the Asian market, specializing in the manufacturing of high-pressure hydrogen storage vessels made from carbon fiber composites. The company is a crucial supplier to South Korea’s burgeoning hydrogen economy and global automotive partners.

Innovation Initiatives:

• Strong backing from the ILJIN Group, a major industrial conglomerate

• Rapid scaling of production capacity to support regional hydrogen mobility targets

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3️⃣ 8. Everest Kanto Cylinder Limited

Headquarters: Mumbai, India
Key Offering: CNG and hydrogen cylinders, High-pressure seamless cylinders

Everest Kanto is one of India’s largest manufacturers of high-pressure gas cylinders. With a strong foundation in CNG storage, the company is strategically expanding into the hydrogen segment to support India’s National Hydrogen Mission and growing clean energy needs.

Innovation Initiatives:

• Leveraging existing manufacturing scale for hydrogen cylinder production

• Focus on cost-effective solutions for emerging markets

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2️⃣ 9. Beijing Tianhai Industry Co., Ltd.

Headquarters: Beijing, China
Key Offering: A wide range of gas cylinders, Cryogenic tanks, Hydrogen transportation equipment

As a subsidiary of CIMC Enric, Beijing Tianhai is a major force in the global pressure vessel market. The company produces an extensive array of containers for industrial gases, including specialized vessels for hydrogen storage and transport, serving a massive domestic and international market.

Innovation Initiatives:

• Extensive product portfolio for the entire hydrogen value chain

• Significant R&D investments in composite materials and cryogenic storage

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1️⃣ 10. Steelhead Composites

Headquarters: Carson City, Nevada, USA
Key Offering: Type IV composite overwrapped pressure vessels (COPVs)

Steelhead Composites specializes in designing and manufacturing lightweight, high-pressure Type IV hydrogen tanks. The company focuses on niche markets requiring high performance and reliability, including unmanned systems, aerospace, and specialized vehicle applications.

Innovation Initiatives:

• Expertise in custom-engineered solutions for demanding applications

• Emphasis on advanced materials science for superior strength-to-weight ratios

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Global Hydrogen Pressure Vessels Industry Research Report Growth Trends and Competitive Analysis 2022-2028 – View in Detailed Research Report

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🌍 Outlook: The Future of Hydrogen Storage is High-Pressure and Composite-Driven

The hydrogen pressure vessels market is at an inflection point. As hydrogen solidifies its role as a key energy vector for decarbonization, the demand for safe, efficient, and cost-effective storage solutions is escalating rapidly. The industry is witnessing a clear transition from traditional metal cylinders to advanced Type III and Type IV composite vessels, which offer significant weight savings and higher pressure capabilities.

📈 Key Trends Shaping the Market:

• Accelerated adoption of Type IV composite cylinders for mobility applications due to their lightweight properties

• Government policies and subsidies fueling investments in hydrogen refueling infrastructure globally

• Technological advancements aimed at reducing the cost of carbon fiber, a key raw material

• Strategic alliances between pressure vessel manufacturers and automotive OEMs to co-develop FCEV platforms

Get Full Report Here:
Global Hydrogen Pressure Vessels Industry Research Report Growth Trends and Competitive Analysis 2022-2028 – View in Detailed Research Report

The companies profiled above are not merely manufacturing containers; they are enabling the safe and scalable hydrogen infrastructure essential for a sustainable, low-carbon future.