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Catalyst for PEM Eletrolyzer Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Catalyst for PEM Electrolyzer MarketElectrolysis is a promising option for hydrogen production from renewable resources. Electrolysis is the process of using electricity to split water into hydrogen and oxygen. This reaction takes place in a unit called electrolyze. Electrolyzes can range in size from small, appliance-size equipment that is well-suited for small-scale distributed hydrogen production to large-scale, central production facilities that could be tied directly to renewable or other non-greenhouse-gas-emitting forms of electricity production.Electrocatalysts are materials that, because of their electrical and morphological features, facilitate electrochemical processes. Researchers have been searching for electrocatalysts that can aid in the electrolysis of water, and some of the best catalysts are noble-metal oxides, which are rare and costly. Producing hydrogen via electrolysis, powered by renewable energy, allows the renewable energy to be stored and transported for later use. Typically, platinum is used as a catalyst in the electrolysis reaction, but this material adds significant cost.
The global Catalyst for PEM Electrolyzer market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Catalyst for PEM Electrolyzer is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Catalyst for PEM Electrolyzer is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Catalyst for PEM Electrolyzer include TANAKA Precious Metals, Johnson Matthey, Umicore, Shanghai Jiping New Energy Technology, SuZhou Hydrogine Power Technology, Ningbo zhongkeke, Heraeus and Clariant, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Catalyst for PEM Electrolyzer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Catalyst for PEM Electrolyzer.
Report Scope
The Catalyst for PEM Electrolyzer market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Catalyst for PEM Electrolyzer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Catalyst for PEM Electrolyzer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Type
• Noble Metal Catalyst
• Non-precious Metal Catalyst
By Application
• Electrolyzers below MW
• Electrolyzer above MW
Key Companies
TANAKA Precious Metals, Johnson Matthey, Umicore, Shanghai Jiping New Energy Technology, SuZhou Hydrogine Power Technology, Ningbo zhongkeke, Heraeus, Clariant
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