Hydrogen storage alloys are metallic materials which is able to reversibly absorb and release significant amounts of hydrogen from the gas phase or electrochemically. It is the most vulnerable component of Ni- MH cell which renders susceptibility to corrosion in the strong alkaline environment. These alloys are pulverized during charge & discharge processes due to repeated lattice expansion and shrinkage results in hydrogen absorption and desorption. These alloys are acts as a good hydrogen storage material due to its properties such as low cost, high safety and non- greenhouse gas.

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On the basis of geography, North America region is expected to have considerable market growth during the forecast period, due to rising demand of environmentally friendly technologies for the automotive industry increases exponentially, and this opens new possibilities for a novel player in the mobility sector.

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Some of the key players in Hydrogen Storage Alloys Market include Liaoning Kingpowers Group, China Northern Rare Earth (Group) High-Tech, Guangdong Rising Nonferrous Metals Group, Chuo Denki Kogyo, Merck KGaA, Japan Metals & Chemicals, Whole Win (Beijing) Materials Science and Technology Company, Ajax Tocco Magnethermic Corporation, Baotou Santoku Battery Materials Co., Ltd., Xiamen Tungsten Co. Ltd, H Bank Technology, Santoku Corporation, AMG Titanium Alloys & Coatings LLC, Jiangmen Kanhoo Industry Co. Ltd, Mitsui, Lab Tech, and American Elements.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Related Markets:
1) https://www.strategymrc.com/report/hydrogen-generation-market
2) https://www.strategymrc.com/report/hydrogen-compressor-market

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