Hydrogen Storage Alloy & Materials Industry for Chinese and Global Markets 2017-2019 Forecasts

DALLAS, March 6, 2015 /PRNewswire/ --

RnRMarketResearch.com adds "China Hydrogen Storage Materials Industry Report, 2014-2017" and "Global and Chinese Hydrogen storage alloy Industry, 2009-2019 Market Research Report" reports with 2017 and 2019 forecasts data and information to its online business intelligence library.

This is a professional and in-depth study on the current state of the global Hydrogen storage alloy industry with a focus on the Chinese market. The report provides key statistics on the market status of the Hydrogen storage alloy manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Firstly, Global and Chinese Hydrogen storage alloy Industry, 2009-2019 Market Research Report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2009-2014 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Hydrogen storage alloy industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2014-2019 market development trends of Hydrogen storage alloy industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Hydrogen storage alloy Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2019 global and Chinese Hydrogen storage alloy industry covering all important parameters.

Order a copy of this report (Global and Chinese Hydrogen storage alloy Industry, 2009-2019 Market Research Report) at http://www.rnrmarketresearch.com/contacts/purchase?rname=237639 .

Main Hydrogen Storage Material Manufacturers in China
Xiamen Tungsten Co., Ltd., AT&M, Sinoma Science & Technology Co., Ltd. (SSTCL), Zhangjiagang Furui Special Equipment Co., Ltd., China Northern Rare Earth (Group) High-Tech Co., Ltd., Guangdong Rising Nonferrous Metals Group Co., Ltd., Jiangmen Kanhoo Industry Co., Ltd., Hunan Corun New Energy Co., Ltd., Liaoning Kingpowers Group, Jiangxi Rare Earth and Rare Metals Tungsten Group Corporation, Sihui City Double Win Industry Co., Ltd., Baotou Santoku Battery Materials Co., Ltd.

Traditionally, there are two methods of storing hydrogen. One is to store hydrogen gas by using high-pressure cylinders, and the other is to store liquid hydrogen. In recent years, a simple new method of hydrogen storage has been developed, namely through hydrogen storage alloy (a metal hydride) which principally consists of titanium-based hydrogen storage alloy, zirconium-based hydrogen storage alloy, iron-based hydrogen storage alloy, as well as rare earth hydrogen storage alloy, etc.

Since 2005, the output of hydrogen storage materials and NI-MH battery in China has exceeded Japan as the world's biggest producer, with hydrogen storage alloy output accounting for about 60% of global total. After 2006, China's production of hydrogen storage alloy grew at a lower rate, with the capacity in 2014 reaching around 38,000 tons, reflecting that hydrogen storage material enterprises did not actively expand their capacity. This resulted mainly from factors below: firstly, fierce competition between enterprises due to domestic overcapacity; secondly, the prices of key raw materials such as nickel, cobalt, and rare earth fluctuated dramatically in recent years, leading to poorer corporate profitability than expected.

Now that the global NI-MH battery gradually gives way to lithium battery, China's NI-MH battery output would shrink, thus affecting the development of hydrogen storage materials. China's NI-MH battery output has declined for many years, with the output in 2014 amounting to 700 million units, a drop of 33.3% compared with 2010. However, with the advance in hydrogen fuel cell technologies, the growing demand for hydrogen fuel cells from new-energy vehicle is expected to drive the expansion of the hydrogen storage material market.

In the context of the integration of rare earth resources in China, China's hydrogen storage material manufacturers are divided into two echelons: rare earth enterprises in Northern and Southern China. The former is represented by Liaoning Kingpowers and Baotou Steel Rare-Earth (Group) while the latter mainly includes Jiangxi Rare Earth and Rare Metals Tungsten Group Corporation and Xiamen Tungsten. In 2014, the enterprise with the largest hydrogen storage material capacity was Liaoning Kingpowers, with the annual capacity of 8,000 tons.

China Hydrogen Storage Materials Industry Report, 2014-2017 highlights the following: 

• Status quo, competitive landscape, supply and demand, development prediction, etc. of China's hydrogen storage material industry;
• Current situation, development trends, etc. of upstream and downstream sectors of China's hydrogen storage material industry;
• Operation, hydrogen storage business, and growth prediction, etc. of 17 Chinese hydrogen storage material enterprises.

Related Report 

World Hydrogen to 2018 

Global consumption of merchant and captive hydrogen is forecast to increase 3.5 percent annually through 2018 to 290 billion cubic meters, driven by strong growth in petroleum hydrotreating and hydrocracking refining operations. These advances will be particularly robust in developing countries as per capita vehicle ownership rates rise, and as countries adopt and enforce more stringent emissions regulations to combat increasingly difficult air pollution problems. Merchant supply from industrial gas companies will expand rapidly as hydrogen consumption in upgraded petroleum refineries exceeds the refineries' available captive resources.

Complete report is available (World Hydrogen to 2018) at http://www.rnrmarketresearch.com/world-hydrogen-to-2018-market-report.html .

Browse more reports on "Materials & Chemicals" @ http://www.rnrmarketresearch.com/reports/materials-chemicals .

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