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Global Magnesium-Based Hydrogen Storage Materials Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Pure Magnesium
    • 1.3.3 Magnesium-Based Alloy
    • 1.3.4 Magnesium-Based Composite
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Rechargeable Batteries
    • 1.4.3 Cooling Devices
    • 1.4.4 Fuel Cells
    • 1.4.5 Others
  • 1.5 Global Magnesium-Based Hydrogen Storage Materials Market Size & Forecast
    • 1.5.1 Global Magnesium-Based Hydrogen Storage Materials Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity (2020-2031)
    • 1.5.3 Global Magnesium-Based Hydrogen Storage Materials Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 JMC
    • 2.1.1 JMC Details
    • 2.1.2 JMC Major Business
    • 2.1.3 JMC Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.1.4 JMC Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 JMC Recent Developments/Updates
  • 2.2 Merck KGaA
    • 2.2.1 Merck KGaA Details
    • 2.2.2 Merck KGaA Major Business
    • 2.2.3 Merck KGaA Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.2.4 Merck KGaA Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Merck KGaA Recent Developments/Updates
  • 2.3 Ajax Tocco Magnethermic Corporation
    • 2.3.1 Ajax Tocco Magnethermic Corporation Details
    • 2.3.2 Ajax Tocco Magnethermic Corporation Major Business
    • 2.3.3 Ajax Tocco Magnethermic Corporation Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.3.4 Ajax Tocco Magnethermic Corporation Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Ajax Tocco Magnethermic Corporation Recent Developments/Updates
  • 2.4 Baotou Santoku Battery Materials
    • 2.4.1 Baotou Santoku Battery Materials Details
    • 2.4.2 Baotou Santoku Battery Materials Major Business
    • 2.4.3 Baotou Santoku Battery Materials Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.4.4 Baotou Santoku Battery Materials Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Baotou Santoku Battery Materials Recent Developments/Updates
  • 2.5 Santoku Corporation
    • 2.5.1 Santoku Corporation Details
    • 2.5.2 Santoku Corporation Major Business
    • 2.5.3 Santoku Corporation Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.5.4 Santoku Corporation Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Santoku Corporation Recent Developments/Updates
  • 2.6 American Elements
    • 2.6.1 American Elements Details
    • 2.6.2 American Elements Major Business
    • 2.6.3 American Elements Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.6.4 American Elements Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 American Elements Recent Developments/Updates
  • 2.7 AMG Titanium Alloys & Coatings LLC
    • 2.7.1 AMG Titanium Alloys & Coatings LLC Details
    • 2.7.2 AMG Titanium Alloys & Coatings LLC Major Business
    • 2.7.3 AMG Titanium Alloys & Coatings LLC Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.7.4 AMG Titanium Alloys & Coatings LLC Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 AMG Titanium Alloys & Coatings LLC Recent Developments/Updates
  • 2.8 Jiangmen Kanhoo Industry
    • 2.8.1 Jiangmen Kanhoo Industry Details
    • 2.8.2 Jiangmen Kanhoo Industry Major Business
    • 2.8.3 Jiangmen Kanhoo Industry Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.8.4 Jiangmen Kanhoo Industry Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Jiangmen Kanhoo Industry Recent Developments/Updates
  • 2.9 Xiamen Tungsten Co., Ltd
    • 2.9.1 Xiamen Tungsten Co., Ltd Details
    • 2.9.2 Xiamen Tungsten Co., Ltd Major Business
    • 2.9.3 Xiamen Tungsten Co., Ltd Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.9.4 Xiamen Tungsten Co., Ltd Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Xiamen Tungsten Co., Ltd Recent Developments/Updates
  • 2.10 MG Power
    • 2.10.1 MG Power Details
    • 2.10.2 MG Power Major Business
    • 2.10.3 MG Power Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.10.4 MG Power Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 MG Power Recent Developments/Updates
  • 2.11 GRIMAT
    • 2.11.1 GRIMAT Details
    • 2.11.2 GRIMAT Major Business
    • 2.11.3 GRIMAT Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.11.4 GRIMAT Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 GRIMAT Recent Developments/Updates
  • 2.12 Shanghai H2store Energy Technology
    • 2.12.1 Shanghai H2store Energy Technology Details
    • 2.12.2 Shanghai H2store Energy Technology Major Business
    • 2.12.3 Shanghai H2store Energy Technology Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.12.4 Shanghai H2store Energy Technology Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Shanghai H2store Energy Technology Recent Developments/Updates
  • 2.13 Biocoke Lab
    • 2.13.1 Biocoke Lab Details
    • 2.13.2 Biocoke Lab Major Business
    • 2.13.3 Biocoke Lab Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.13.4 Biocoke Lab Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Biocoke Lab Recent Developments/Updates
  • 2.14 Sigma Aldrich
    • 2.14.1 Sigma Aldrich Details
    • 2.14.2 Sigma Aldrich Major Business
    • 2.14.3 Sigma Aldrich Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.14.4 Sigma Aldrich Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Sigma Aldrich Recent Developments/Updates
  • 2.15 Jiangsu JITRI Advanced Energy Materials
    • 2.15.1 Jiangsu JITRI Advanced Energy Materials Details
    • 2.15.2 Jiangsu JITRI Advanced Energy Materials Major Business
    • 2.15.3 Jiangsu JITRI Advanced Energy Materials Magnesium-Based Hydrogen Storage Materials Product and Services
    • 2.15.4 Jiangsu JITRI Advanced Energy Materials Magnesium-Based Hydrogen Storage Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Jiangsu JITRI Advanced Energy Materials Recent Developments/Updates

3 Competitive Environment: Magnesium-Based Hydrogen Storage Materials by Manufacturer

  • 3.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Magnesium-Based Hydrogen Storage Materials Revenue by Manufacturer (2020-2025)
  • 3.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Magnesium-Based Hydrogen Storage Materials by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Magnesium-Based Hydrogen Storage Materials Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Magnesium-Based Hydrogen Storage Materials Manufacturer Market Share in 2024
  • 3.5 Magnesium-Based Hydrogen Storage Materials Market: Overall Company Footprint Analysis
    • 3.5.1 Magnesium-Based Hydrogen Storage Materials Market: Region Footprint
    • 3.5.2 Magnesium-Based Hydrogen Storage Materials Market: Company Product Type Footprint
    • 3.5.3 Magnesium-Based Hydrogen Storage Materials Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Magnesium-Based Hydrogen Storage Materials Market Size by Region
    • 4.1.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Region (2020-2031)
    • 4.1.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Region (2020-2031)
  • 4.2 North America Magnesium-Based Hydrogen Storage Materials Consumption Value (2020-2031)
  • 4.3 Europe Magnesium-Based Hydrogen Storage Materials Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Consumption Value (2020-2031)
  • 4.5 South America Magnesium-Based Hydrogen Storage Materials Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2020-2031)
  • 5.2 Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Type (2020-2031)
  • 5.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2020-2031)
  • 6.2 Global Magnesium-Based Hydrogen Storage Materials Consumption Value by Application (2020-2031)
  • 6.3 Global Magnesium-Based Hydrogen Storage Materials Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2020-2031)
  • 7.2 North America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2020-2031)
  • 7.3 North America Magnesium-Based Hydrogen Storage Materials Market Size by Country
    • 7.3.1 North America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2020-2031)
  • 8.2 Europe Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2020-2031)
  • 8.3 Europe Magnesium-Based Hydrogen Storage Materials Market Size by Country
    • 8.3.1 Europe Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Market Size by Region
    • 9.3.1 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Magnesium-Based Hydrogen Storage Materials Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2020-2031)
  • 10.2 South America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2020-2031)
  • 10.3 South America Magnesium-Based Hydrogen Storage Materials Market Size by Country
    • 10.3.1 South America Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Market Size by Country
    • 11.3.1 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Magnesium-Based Hydrogen Storage Materials Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Magnesium-Based Hydrogen Storage Materials Market Drivers
  • 12.2 Magnesium-Based Hydrogen Storage Materials Market Restraints
  • 12.3 Magnesium-Based Hydrogen Storage Materials Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Magnesium-Based Hydrogen Storage Materials and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Magnesium-Based Hydrogen Storage Materials
  • 13.3 Magnesium-Based Hydrogen Storage Materials Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Magnesium-Based Hydrogen Storage Materials Typical Distributors
  • 14.3 Magnesium-Based Hydrogen Storage Materials Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Magnesium-Based Hydrogen Storage Materials market size was valued at US$ 18.6 million in 2024 and is forecast to a readjusted size of USD 214 million by 2031 with a CAGR of 42.3% during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    Magnesium based hydrogen storage materials, refer to a type of metal solid hydrogen storage materials that have the advantages of large hydrogen storage capacity, low production cost, and abundant raw materials. The main component of magnesium based solid hydrogen storage materials is magnesium hydride with a purity of over 99%, with impurities such as magnesium and trace amounts of other metal elements.
    This report is a detailed and comprehensive analysis for global Magnesium-Based Hydrogen Storage Materials market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Magnesium-Based Hydrogen Storage Materials market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
    Global Magnesium-Based Hydrogen Storage Materials market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
    Global Magnesium-Based Hydrogen Storage Materials market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
    Global Magnesium-Based Hydrogen Storage Materials market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Magnesium-Based Hydrogen Storage Materials
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Magnesium-Based Hydrogen Storage Materials market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include JMC, Merck KGaA, Ajax Tocco Magnethermic Corporation, Baotou Santoku Battery Materials, Santoku Corporation, American Elements, AMG Titanium Alloys & Coatings LLC, Jiangmen Kanhoo Industry, Xiamen Tungsten Co., Ltd, MG Power, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Magnesium-Based Hydrogen Storage Materials market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Pure Magnesium
    Magnesium-Based Alloy
    Magnesium-Based Composite
    Market segment by Application
    Rechargeable Batteries
    Cooling Devices
    Fuel Cells
    Others
    Major players covered
    JMC
    Merck KGaA
    Ajax Tocco Magnethermic Corporation
    Baotou Santoku Battery Materials
    Santoku Corporation
    American Elements
    AMG Titanium Alloys & Coatings LLC
    Jiangmen Kanhoo Industry
    Xiamen Tungsten Co., Ltd
    MG Power
    GRIMAT
    Shanghai H2store Energy Technology
    Biocoke Lab
    Sigma Aldrich
    Jiangsu JITRI Advanced Energy Materials
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Magnesium-Based Hydrogen Storage Materials product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Magnesium-Based Hydrogen Storage Materials, with price, sales quantity, revenue, and global market share of Magnesium-Based Hydrogen Storage Materials from 2020 to 2025.
    Chapter 3, the Magnesium-Based Hydrogen Storage Materials competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Magnesium-Based Hydrogen Storage Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Magnesium-Based Hydrogen Storage Materials market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium-Based Hydrogen Storage Materials.
    Chapter 14 and 15, to describe Magnesium-Based Hydrogen Storage Materials sales channel, distributors, customers, research findings and conclusion.

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