Fuel Cell Membranes Market Size Soaring at 17.6% CAGR to Reach 350 million USD by 2024
Market Study Report LLC Add New Global Fuel Cell Membranes Market Report to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 134 pages with table and figures in it.
Delaware, Selbyville – July 29, 2019 /MarketersMedia/ —
The Global Fuel Cell Membranes Market is expected to grow from USD 130 million in 2019 to USD 350 million by 2024, at a CAGR of 17.6% during the forecast period.
A fuel cell is a device that generates electricity through the reverse electrolysis chemical reaction in which hydrogen and oxygen react to produce water and electricity. The fuel for fuel cells is hydrogen and oxygen; hydrogen can be a gas from water electrolysis, or produced by reforming natural gas, petroleum or methanol, while oxygen is taken in from the atmosphere. As it generates electricity, the fuel cell also produces heat, so high hopes are held for its commercialization and application in a diverse range of applications as a new highly efficient energy system.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1667677/?utm_source=MarketersMedia&utm_medium=MM
A fuel cell consists of an electrolyte between two electrodes, and a conducting wire linking the two electrodes. Hydrogen fed to one electrode (fuel electrode) divides into hydrogen ions and electrons on the electrode. Hydrogen ions flow through the electrolyte to the other electrode, to which air is fed (air electrode). Electrons flow from the fuel electrode to the air electrode through the conducting wire linking the two electrodes. At this time, the electrical current flows in the opposite direction. At the air electrode, the hydrogen ions react with the oxygen and electrons to produce water and heat.
The fuel cell, allied with renewables, is the key to combating climate change. Fuel cell technology is the optimum option in this regard. It can be used for the stationary generation of power and heat in residential housing, in mobile applications for cars, buses and ships, and even as a provider of electricity for portable electronic devices. Fuel Cell Membranes are the core component of fuel cell stack.
The key players are Dupont (Chemours), 3M, Gore, Solvay, BWT Group, AKC, BASF, Oceanit, Wuhan WUT, Dongyue Group and so on.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.
Significant and lasting barriers make entry into this market difficult. These barriers include but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions? unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive . The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
This report presents a comprehensive overview, market shares, and growth opportunities of Fuel Cell Membranes market by product type, application, key manufacturers and key regions and countries.
This study considers the Fuel Cell Membranes value and volume generated from the sales of the following segments:
Segmentation by product type
• Perfluorosulfonic Acid Membranes
• Others (Composite PEM, etc.)
Segmentation by application
• Stationary
• Transportation
• Portable
This report also splits the market by region
• Americas [United States, Canada, Mexico, Brazil]
• APAC [China, Japan, Korea, Southeast Asia, India, Australia]
• Europe [Germany, France, UK, Italy, Russia, Spain]
• Middle East & Africa [Egypt, South Africa, Israel, Turkey, GCC Countries]
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report
• Dupont (Chemours)
• 3M
• Gore
• Solvay
• BWT Group
• AKC
• BASF
• Oceanit
• Wuhan WUT
• Dongyue Group
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1667677/?utm_source=MarketersMedia&utm_medium=MM
Table of Contents:
2019-2024 Global Fuel Cell Membranes Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Fuel Cell Membranes Consumption 2014-2024
2.1.2 Fuel Cell Membranes Consumption CAGR by Region
2.2 Fuel Cell Membranes Segment by Type
2.2.1 Perfluorosulfonic Acid Membranes
2.2.2 Others (Composite PEM, etc.)
2.3 Fuel Cell Membranes Consumption by Type
2.3.1 Global Fuel Cell Membranes Consumption Market Share by Type (2014-2019)
2.3.2 Global Fuel Cell Membranes Revenue and Market Share by Type (2014-2019)
2.3.3 Global Fuel Cell Membranes Sale Price by Type (2014-2019)
2.4 Fuel Cell Membranes Segment by Application
2.4.1 Stationary
2.4.2 Transportation
2.4.3 Portable
2.5 Fuel Cell Membranes Consumption by Application
2.5.1 Global Fuel Cell Membranes Consumption Market Share by Application (2014-2019)
2.5.2 Global Fuel Cell Membranes Value and Market Share by Application (2014-2019)
2.5.3 Global Fuel Cell Membranes Sale Price by Application (2014-2019)
3 Global Fuel Cell Membranes by Players
3.1 Global Fuel Cell Membranes Sales Market Share by Players
3.1.1 Global Fuel Cell Membranes Sales by Players (2017-2019)
3.1.2 Global Fuel Cell Membranes Sales Market Share by Players (2017-2019)
3.2 Global Fuel Cell Membranes Revenue Market Share by Players
3.2.1 Global Fuel Cell Membranes Revenue by Players (2017-2019)
3.2.2 Global Fuel Cell Membranes Revenue Market Share by Players (2017-2019)
3.3 Global Fuel Cell Membranes Sale Price by Players
3.4 Global Fuel Cell Membranes Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Fuel Cell Membranes Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Fuel Cell Membranes Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
Continued……….
More Details on this Report At: https://www.marketstudyreport.com/reports/global-fuel-cell-membranes-market-growth-2019-2024?utm_source=MarketersMedia&utm_medium=MM
Related report:
Global Fuel Cell Membranes Market Insights, Forecast to 2025
https://www.marketstudyreport.com/reports/global-fuel-cell-membranes-market-insights-forecast-to-2025
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Market Study Report
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-273-0910
Website: https://www.marketstudyreport.com
Source: MarketersMedia
Release ID: 88902211
Copyright © 1999-2013 SproutNews.com
