Fuel Cell Membranes Market Dynamics, Drivers, Key Indicators and SWOT Analysis By 2018-2025

This study focuses on the production side and consumption side of Fuel Cell Membranes, presents the global Fuel Cell Membranes market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Fuel Cell Membranes capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Fuel Cell Membranes by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.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.

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.The Fuel Cell Membranes market was valued at 130 Million US$ in 2017 and is projected to reach 480 Million US$ by 2025, at a CAGR of 17.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Fuel Cell Membranes.

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This report includes the following manufacturers; we can also add the other companies as you want.

Dupont (Chemours)

3M

Gore

Solvay

BWT Group

AKC

BASF

Oceanit

Wuhan WUT

Dongyue Group

Market Segment by Product Type

Perfluorosulfonic Acid Membranes

Others (Composite PEM, etc.)

Market Segment by Application

Stationary

Transportation

Portable

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