Press release
Membrane Electrode Assemblies (MEA) Market to Witness Robust Expansion by 2023
The Membrane Electrode Assembly (MEA) is the core component of a fuel cell that helps produce the electrochemical reaction needed to separate electrons. On the anode side of the MEA, a fuel (hydrogen, methanol etc.) diffuses through the membrane and is met on the cathode end by an oxidant (oxygen or air) which bonds with the fuel and receives the electrons that were separated from the fuel. Catalysts on each side enable reactions and the membrane allows protons to pass through while keeping the gases separate. In this way cell potential is maintained and current is drawn from the cell producing electricity.
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Global Membrane Electrode Assemblies (MEA) Market: Forecast by Type / Application / Region
In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Membrane Electrode Assemblies will have great increase range; the developing countries will be high growth rate market.
According to this study, over the next five years the Membrane Electrode Assemblies (MEA) market will register a 18.4% CAGR in terms of revenue, the global market size will reach US$ 680 million by 2024, from US$ 290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Membrane Electrode Assemblies (MEA) business, shared in Chapter 3.
Global Membrane Electrode Assemblies (MEA) Market: Key Players
3M
Chemours (Dupont)
Gore
Johnson Matthey
Ballard
Greenerity
Wuhan WUT
IRD Fuel Cells
Giner
HyPlat
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Related Information:
United States Membrane Electrode Assemblies (MEA) Market Research Report 2018
Europe Membrane Electrode Assemblies (MEA) Market Research Report 2018
North America Membrane Electrode Assemblies (MEA) Market Research Report 2018
Asia-Pacific Membrane Electrode Assemblies (MEA) Market Research Report 2018
China Membrane Electrode Assemblies (MEA) Market Research Report 2018
EMEA Membrane Electrode Assemblies (MEA) Market Research Report 2018
Global Membrane Electrode Assemblies (MEA) Market Research Report 2018
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