The global hydrogen storage alloys market is on an upward trajectory, projected to reach a valuation of US$ 3,674.1 million by 2025, with an expected CAGR of 8.5% from 2025 to 2035. These metal hydrides offer advantages such as high storage density, safety, and reversible storage, driving their use in various applications. Key industry players are driving innovation with advanced materials like metallic and complex hydrides, enabling storage at lower pressures and temperatures compared to traditional methods. Technological advancements and investments in research and development are shaping the market landscape, with a focus on enhancing hydrogen storage systems for broader applications. Partnerships between government and private sectors are seen as crucial for accelerating advancements in hydrogen technology, ultimately bolstering the hydrogen economy. The market also highlights the importance of safe and scalable storage solutions for hydrogen fuel cell commercial vehicles. Industry news includes the introduction of Scalmalloy CX, a groundbreaking material for cryogenic applications in hydrogen propulsion, emphasizing safety and performance in critical sectors like aerospace. These developments underscore the growing significance of materials research and advancements in the hydrogen storage alloys market.