Global Cryogenic Hydrogen Tanks Market: Overview and Future Projections
Here’s an article posted in Yahoo Finance
According to the article,
- The cryogenic tanks market is expected to reach $8.96 billion in 2027 at a CAGR of 6.22%
- The market was valued at USD 11.05 billion in 2022 and is anticipated to reach USD 9.7 billion by 2031, growing at a CAGR of around 5.8%
- The market is segmented based on cryogenic liquid (liquefied natural gas, liquid nitrogen, liquid oxygen, liquid hydrogen, and others), application (storage, transportation), and end-user
Interestingly, we have some other posts related to this content:
Hydrogen Storage: Capacity of Cryogenic Tanks: Cryogenic tanks maintain hydrogen as liquid below -253°C, offering safer and more efficient storage with 35% energy requirement for cooling. Cryo-Compressed Hydrogen: The Future of Storage and Refueling Stations: Cryo-Compressed Hydrogen (CcH2) offers cryogenic storage at high pressure, enabling commercialization for trucks and commercial vehicles, with cost implications for industry expansion. Cryogenic Energy Hydrogen Storage System: The Key to India’s Sustainable Future: Economic Times article highlights cryogenic energy storage’s potential for India’s sustainable future, urging investment in technology development and policy changes.
