Global Metal Hydride Market 2021 | Market Growth, Key Drivers And Regional Overview By 2029 | StraitsResearch
                     Europe is Projected to Witness Healthy Metal Hydride Market
Growth Due to the Burgeoning Transportation & Automotive Sector
| StraitsResearch
StraitsResearch company  lately  announced  the  newest  addition  of  a  report  titled,
“Metal Hydride Market”, into its massive repository of research reports forecast. This
report  estimates  industry  market  value  trends,  growth trends  and  values,  regional
market growth reason, major vendors competitive level,  market share between the
key  manufacturer,  and  future  growth  opportunity.  Then,  we  refer  to  numerous
primary  and secondary  sources  for  market  predicting and sizing,  including  but  not
restricted to user reviews, historic market data, public financial records, and interviews
with industry key vendors.
Europe is expected to witness healthy growth, owing to the burgeoning transportation 
and automotive sector. The transportation sector in Germany consumes more energy 
as compared to other economies in Europe. Europe has the potential to be an 
economy powered by hydrogen gas by using existing gas pipelines, which can be used 
to transport hydrogen gas. Conversion of these gas pipelines for hydrogen 
transportation is anticipated to engender massive demand for metal hydrides in the 
region. Additionally, Europe has initiated a program named H2ME (Hydrogen Mobility 
Europe), under which it plans to build hydrogen refueling stations for vehicles running 
on fuel cells. 
The hydrogen storage segment finds its application across various sectors — power, 
transportation, buildings, and industries, thereby boosting the segment’s growth.
Trends in Metal Hydride Market
The global metal hydride market is estimated to be valued at around USD 4.8 billion by 
the year 2026 at a CAGR of about 7.2%. 
Competitive Landscape
Some of the major Companies in the Metal Hydride Market are Some of the notable 
players in the global metal hydride market are Merck KGaA, Albemarle Corporation, 
Ganfeng Alloys Co., Ltd, Santa Cruz Biotechnology, Inc., Natrizen Chemicals Pvt. Ltd., 
DalChem, Fisher Scientific (Thermo Fisher Scientific), Triveni Chemicals, Tinchem 
Enterprises, American Elements, GfE (Advanced Metallurgical Group, N.V.), and others.
Segmental Insights Trends
The Metal Hydride Market is Segmented By Metal Hydride and By Application
By Metal Hydride: By Application: 
- Alloys - Hydrogen Storage
- Complexes - Fuel Cell
 - Heat Pumps
- Thermal Storage
Impact of Covid -19
The outbreak of the COVID-19 pandemic is expected to hinder the growth of the global
UV  curable  inks  market.  The  lockdown  strategies  and  restrictions  on  physical
movements  due  to  the  COVID-19  pandemic  have  significantly  decreased  the
production of these inks due to a halt in production in other industries. Therefore, it is
forecasted to severely impact the demand for UV curable inks across the globe. The
market is inclined to experience demand as well as supply shocks due to temporary
shutdowns of factories. Therefore, the market is expected to observe fluctuations in its
demand in recent years.
Regional Insights
Geographically, the Metal Hydride Market is segmented into five regions.
 North America
 Europe
 Asia-Pacific
 Latin America
 Middle East & Africa
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