A Hydrogen tank (other names- cartridge or canister) is used for hydrogen storage. The first type IV hydrogen tanks for compressed hydrogen at 700 bars (70 MPa; 10,000 psi) were demonstrated in 2001, the first fuel cell vehicles on the road with type IV tanks are the Toyota FCHV, Mercedes-Benz F-Cell and the GM HydroGen4.
Type 4 tanks offer significant advantages over other pressure vessels. The carbon fibre-reinforced structure creates a superior strength/stiffness to weight ratio, resulting in a potential 450kg weight reduction of gas containment systems in buses and trucks. This leads to significantly improved fuel economy, underlining the economic argument for hydrogen fueling. It also expands the range of vehicles and situations in which these vessels can be used.Composite tanks such as carbon fiber with a polymer liner (thermoplastic)

Market Analysis and Insights: Global Type IV Hydrogen Storage Tank Market
The global Type IV Hydrogen Storage Tank market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.

Global Type IV Hydrogen Storage Tank Scope and Market Size
The global Type IV Hydrogen Storage Tank market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Type IV Hydrogen Storage Tank market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Hydrogen Storage Infrastructure
Hydrogen Transportation for Re-Fueling
Hydrogen Powered Rail Vehicles
Hydrogen Powered Cars
Other Vehicles (Hydrogen Powered Buses, Trucks)

Segment by Application
Hydrogen Storage
Hydrogen Transport

The Type IV Hydrogen Storage Tank market is analysed and market size information is provided by regions (countries). Segment by Application, the Type IV Hydrogen Storage Tank market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Hexagon
NPROXX
Mahytec
Steelhead
Quantum
Dynetek
DSM
Tian Hai Industry
Shenhua Group
Sinoma Technology
Northern rare earth
Rising Nonferrous
Cohen Shares