Bipolar Plates for PEM Fuel Cells Market Size, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Bipolar Plates for PEM Fuel Cells Market Size

The global Bipolar Plates for PEM Fuel Cells revenue was US$ 435.7 million in 2022 and is forecast to a readjusted size of US$ 984.6 million by 2029 with a CAGR of 11.7% during the forecast period (2023-2029).

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Bipolar Plates are one of the core components of the fuel cells, which accounts for a large portion of the quality and cost of the battery pack. It is responsible for the functions of uniform distribution of reaction gas, conduction of current, and series of single cells. In order to meet these functional requirements, the ideal bipolar plate should have high thermal/electrical conductivity, corrosion resistance, low density, good mechanical properties, low cost, and easy processing. However, the current bipolar plates have problems such as poor corrosion resistance and conductivity, high production costs and short lifespan. Realizing the reasonable matching of the conductivity and corrosion resistance of the bipolar plate material, that is, achieving high corrosion resistance under the premise of ensuring reasonable conductivity, ensuring the service life of the entire system, is one of the key steps in the commercialization of fuel cells.

The report study Bipolar Plates market which used for PEM Fuel Cells.

In India, the Bipolar Plates for PEM Fuel Cells revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).

Global bipolar plates for PEM fuel cells key players include Dana, Cell Impact, Schunk Group, Nisshinbo, FJ Composite, etc. Global top 5 manufacturers hold a share over 40%.

North America is the largest market, with a share about 50%, followed by Asia-Pacific and Europe, both have a share nearly 45 percent.

In terms of product, graphite is the largest segment, with a share over 55%. And in terms of application, the largest application is transportation (e.g. electric vehicles), followed by stationary power, etc.

This report focuses on global and India Bipolar Plates for PEM Fuel Cells market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Bipolar Plates for PEM Fuel Cells will continue to grow rapidly in the future.

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Global Bipolar Plates for PEM Fuel Cells Scope and Market Size

Bipolar Plates for PEM Fuel Cells market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Bipolar Plates for PEM Fuel Cells market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.

For India market, this report focuses on the Bipolar Plates for PEM Fuel Cells market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Graphite
• Metal
• Composite

By Application
• Transportation (e.g. Electric Vehicles)
• Stationary Power
• Portable Power

Key Companies:
Dana, Cell Impact, Schunk Group, Nisshinbo, FJ Composite, Ballard, ElringKlinger, VinaTech (Ace Creation), LEADTECH International, SGL Carbon, Shanghai Hongfeng, Dongguan Jiecheng, Shanghai Hongjun, Shanghai Shenli, Shenzhen Jiayu, Anhui Mingtian, Guangdong Nation-Synergy, Hunan Zenpon, Shanghai Yoogle, Shanghai Zhizhen, Zhejiang Harog

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