Solid State Hydrogen Storage Materials Market
The market for Solid State Hydrogen Storage Materials was estimated at $135 million in 2025; it is anticipated to increase to $406 million by 2030, with projections indicating growth to around $1.22 billion by 2035.
Global Solid State Hydrogen Storage Materials Market Outlook
Revenue, 2025
Forecast, 2035
CAGR, 2026 - 2035
The Solid State Hydrogen Storage Materials industry revenue is expected to be around $135.2 million in 2026 and expected to showcase growth with 24.6% CAGR between 2026 and 2035. Growing backing for reducing carbon emissions from transportation, increasing numbers of hydrogen fuel cell vehicles being rolled out and a requirement for secure hydrogen storage on an industrial scale are all driving growth. These are sectors where 70.1% of demand comes from. This shows that sectors like transportation and industrial uses are major drivers of performance requirements and also the safety standards and technology plans of hydrogen storage in solid form. The metal hydride hydrogen storage systems segment is currently the market leader in the solid state hydrogen storage materials sector with revenues of $59.62 million in the year 2025. This dominance highlights the commercial maturity, reliability and lower cost of ownership of the metal hydride technology, as well as its compatibility with existing hydrogen infrastructure.
Advanced metal hydrides, complex hydrides, adsorbent materials and engineered systems for the solid storage of hydrogen are the kinds of materials that are used for solid state hydrogen storage. These materials allow for the reversible absorption of hydrogen, with the benefits of increased storage capacity and safety features, as well as controlled release. Characteristics of this hydrogen storage technology including low leakage risk, compact system architecture, tunable pressure and temperature, and compatibility with hydrogen fuel cells make solid state hydrogen storage suitable for various sectors. These sectors include industrial uses, aerospace, and vehicles. Industrial uses comprise chemical processing, manufacturing and production of high purity gases. Growing interest is evident in the green hydrogen sector due to an expansion of projects, the development of more efficient metal hydride storage and cross sector cooperation between the makers of vehicles, gas suppliers and companies which produce innovative materials. As hydrogen storage materials for solid state hydrogen storage advance, they are shifting from a small scale demonstration project to a major hydrogen energy storage project. This is due to ongoing research and development into cheaper, more efficient hydrogen storage systems.
Market Key Insights
The Solid State Hydrogen Storage Materials market is projected to grow from $135.2 million in 2025 to $1.22 billion in 2035. This represents a CAGR of 24.6%, reflecting rising demand across Aerospace & Space Systems, Transportation, and Industrial & Specialty Applications.
Among the key players in this market are Baotou FDK, China Northern Rare Earth and Nippon Denko, with these companies defining the competitive landscape.
The major markets for solid state hydrogen storage materials are the US and Japan, with their hydrogen storage market size forecast to grow at compound annual growth rates of 34.4% and 23.6% respectively between 2025 and 2030.
Of the countries listed, the highest growth rate is forecast to be in emerging markets such as Australia, Brazil and India with a compound annual growth rate of between 18.5% and 25.6%.
Market players predict a shift in focus towards magnesium based hydrides which could fuel an extra $65m to the industry by 2030.
Between 2025 and 2035, the market for solid state hydrogen storage materials is forecast to expand by $1.1 billion. Transportation, industrial and specialty applications manufacturers are likely to capture a larger share of the market.
With
rising demand for clean energy solutions, and
Advancements in Material Science, Solid State Hydrogen Storage Materials market to expand 802% between 2025 and 2035.
Opportunities in the Solid State Hydrogen Storage Materials
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Rising Demand for Safe, High‑Density Energy Storage in Clean Transportation and Aerospace
Restraint: High Production and Material Costs Restrict Broad Commercial Adoption and Investment
Opportunity: Growing deployment of fuel-cell passenger cars in Japan demanding compact metal-hydride solid hydrogen storage and Portable solid-state hydrogen storage supplying off-grid construction and mining equipment across remote Latin American regions
Challenge: Technical Performance Limitations Slow Market Expansion and Reduce System Appeal
Supply Chain Landscape
Raw Materials
Alloy Processing
Hydrogen Storage Materials
End-User Applications
Raw Materials
Alloy Processing
Hydrogen Storage Materials
End-User Applications
Use Cases of Solid State Hydrogen Storage Materials in Aerospace & Space Systems & Industrial & Specialty Applications
Recent Developments
Recent developments in solid state hydrogen storage show strategic moves toward metal hydrides, complex hydrides, and nanostructured adsorbents to improve hydrogen storage capacity and release kinetics. A key market trend is integrating these materials with renewable energy systems and fuel cell technologies to support grid stability and clean transport. Companies are investing in scalable manufacturing and advanced storage solutions that lower cost and enhance safety. This shift is strengthening commercialization, accelerating energy transition, and expanding demand across industrial, automotive, and stationary energy sectors.