Europe Hydrogen Storage Tanks and Transportation Market

The hydrogen storage tanks & transportation market in Europe is projected to reach USD 379.4 million by 2030 from USD 34.9 million in 2025, at a CAGR of 61.2%. Strong policy support from the EU hydrogen strategy and funding programs like IPCEI are driving the market for hydrogen storage tanks and transportation in Europe. Countries like Germany, France, and the Netherlands are putting the most money into hydrogen infrastructure, like storage hubs and transportation networks. The need for better storage and logistics solutions is growing because of more demand from industrial sectors and fuel cell mobility. Also, the focus on green hydrogen, energy security, and technologies like high-pressure tanks and underground storage is helping the market grow. Additionally, the rapid deployment of hydrogen refueling stations and the rising adoption of fuel cell mobility are further strengthening demand.

Some of the key players in this market include Hexagon Purus (Norway), Plastic Omnium (France), Luxfer Holdings PLC (UK), NPROXX (Germany), and Tenaris (US). These companies have each initiated growth activities to build market presence through investments/expansions, joint ventures/partnerships, contracts, and acquisitions. For example, in June 2023, Plastic Omnium entered into a joint venture with Rein Hytech, a subsidiary of Shenergy Group. This partnership resulted in creating PO-Rein (i.e., the joint venture), which will help both companies accelerate the hydrogen development process in China. Additionally, this strategic partnership will help PlasticOmnium gain an expanded market presence in China, specifically in reference to hydrogen technology. Finally, the joint venture will provide both companies with access to each other's technical capabilities in the area of developing various high-pressure hydrogen storage solutions.

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NPROXX is a global leader in high-pressure hydrogen storage products, including type IV composite pressure vessels targeted for mobility, industrial and infrastructure applications. The company provides advanced storage solutions for hydrogen vehicles, refueling stations, and stationary energy applications that enable movement towards a clean energy future by supplying safe and efficient hydrogen distribution with outputs from multiple transport sectors, including automotive, rail transportation and heavy-duty transportation with their technology. They have substantial engineering and manufacturing capability, principally in Europe, and continue to focus on new product development, scalability and high-pressure storage technologies up to 700bar.

As a leading automotive supplier, Plastic Omnium is driving the advancement of hydrogen storage and zero-emission mobility systems through innovations in manufacturing high-pressure hydrogen storage solutions (Type III and IV composite tanks) for passenger and commercial vehicles. The company produces 350-bar and 700-bar hydrogen storage tanks and integrated fuel systems for mobility applications. In addition to significant investments in hydrogen technology development, Plastic Omnium is expanding its manufacturing capability by building large-scale, hydrogen storage tank production facilities throughout Europe. Plastic Omnium also has strong research & development skills and extensive partnerships throughout the hydrogen value chain, positioning itself to support widespread hydrogen adoption in transportation and clean energy ecosystems. Furthermore, Plastic Omnium is actively creating strategic joint ventures and alliances to help develop the hydrogen ecosystem in all global markets. Cost reduction improvements and scaling up of production will also be a major focus area for the company, supporting both mass adoption and the production of hydrogen mobility solutions.

The hydrogen storage tanks and transportation market in Europe is still fairly consolidated in 2025. Key players like Hexagon Purus (Norway), Plastic Omnium (France), Luxfer Holdings PLC (UK), NPROXX (Germany), and Tenaris (US) all have strong positions in the market. These businesses use advanced composite cylinder technologies, high-pressure storage systems, and well-established distribution networks to meet the needs of the mobility, industrial, and energy sectors. Strong research and development (R&D), a presence in regional manufacturing, and strategic partnerships along the hydrogen value chain all help them stay ahead of the competition. They are also strengthening their position across Europe by continuing to invest in expanding their capacity, coming up with new lightweight and high-efficiency storage solutions, and working with hydrogen infrastructure projects.

Related Reports:

Europe Hydrogen Storage Tanks and Transportation Market by Modular Storage (Fuel Storage, Distribution Systems), Application (Vehicles, Railways, Marine, Stationary Storage, Trailers), Tank Type (Type 1, 2, 3, 4), Pressure - Forecast to 2030

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