Hydrogen has demonstrated significant potential as an alternative energy source for a wide range of applications, including fuel cell vehicles and renewable energy storage. The key challenge, however, is to store hydrogen efficiently and safely. This chapter aims to provide a general standard for choosing materials for hydrogen storage tanks while weighing factors such as the overall cost, safety, and weight against hydrogen storage capacity and also outline the different techniques for storing hydrogen. The suitability of various materials for hydrogen storage applications is reviewed among metals and alloys, composites, and nanomaterials. Finally, the chapter highlights recent progress and new frontiers in scientific research that may yield potential solutions designed to enhance both the effectiveness and practicality of hydrogen storage tanks over time. In this case, what has been written will be useful for researchers; engineers will create better policies regarding material selection systems in which research development should help accelerate the use of hydrogen as a clean sustainable energy solution.