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Electrolyzer Catalyst Layer Market is Forecasted to Reach US$ 1.9 Billion in 2031, Says Stratview Research

05-21-2025 12:41 PM CET | Chemicals & Materials

Press release from: Stratview Research

Stratview Research

Stratview Research

The global electrolyzer catalyst layer market is projected to witness a growth rate of 64.3% annually from 2024 to 2031, with an anticipated size of US$ 1.9 billion by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global electrolyzer catalyst layer market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/4097/electrolyzer-catalyst-layer-market.html#form

Report Highlights:
Market Size in 2031: US$ 1.9 billion
Growth (CAGR): 64.3% during 2024-2031
Forecast Period: 2024-2031
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 4
Number of Tables & Graphs: 100+

Segment Insights on the Electrolyzer Catalyst Layer Market:

The global Electrolyzer Catalyst Layer market is segmented based on Electrolyzer type, End-Use type, Base Material type, and Region.

Based on electrolyzer type - The electrolyzer catalyst layer market is segmented into PEM electrolyzer, Alkaline electrolyzer, SOEC, AEM electrolyzer, and other electrolyzers. The alkaline electrolyzer catalyst layer currently leads the market due to its established technology, affordability, and robustness in large-scale hydrogen production. Alkaline electrolyzers use more affordable catalysts, such as nickel-based alloys, which perform efficiently under moderate temperatures and pressures. However, the MEA in alkaline electrolyzers represents a relatively higher cost percentage compared to PEM electrolyzers, due to which a larger amount of catalyst material is required to achieve the desired performance. Despite this, alkaline electrolyzers remain more cost-effective overall, contributing to their dominant position in the market. In contrast, the Proton Exchange Membrane (PEM) electrolyzer catalyst layer relies on precious metals like platinum, and PEM electrolyzers still require a higher initial investment. Nonetheless, they are gaining traction due to their higher efficiency, compact size, and better integration with renewable energy sources. As technological advancements reduce catalyst costs and improve overall efficiency, PEM electrolyzers are expected to grow significantly and capture a larger share of the market in the long term.

Based on end-use type - The market is segmented into transportation, chemicals (methane, ammonia), refinery & synfuels, power, iron & steel, and other end-uses by end-use type. Transportation is expected to be the leading end-use industry driving the growth of the electrolyzer catalyst layer market, primarily due to the increasing adoption of hydrogen as a clean fuel for mobility. As global demand for green and zero-emission transportation solutions rises, hydrogen fuel cell vehicles (FCVs) are gaining traction as a viable alternative to traditional fossil fuel-powered vehicles. Electrolyzers play a vital role in producing green hydrogen, with the catalyst layer being essential for ensuring an efficient and cost-effective production process.

Hydrogen-powered transport, including trucks, buses, and trains, presents a promising solution for decarbonizing industries that are challenging to electrify with conventional battery technologies. As both industries and governments invest in fuel cell technology and hydrogen infrastructure, the demand for scalable and efficient electrolyzers is growing. With the expanding use of hydrogen in transportation, the need for high-performance catalyst layers in electrolyzers will continue to rise, making the transportation industry a key driver of growth in the electrolyzer catalyst layer market.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/4097/electrolyzer-catalyst-layer-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The Asia-Pacific region is set to remain the leading driver of the electrolyzer catalyst layer market, driven by its rapid adoption of electrolyzer technology, supportive government policies, and expanding hydrogen infrastructure. Countries such as China, Japan, and South Korea are making substantial investments in hydrogen-based infrastructure and renewable energy projects, fueling the demand for catalyst layers. China, the largest market for electrolyzers, is accelerating hydrogen production and the deployment of fuel cell buses and trucks at a rapid pace. South Korea's hydrogen economy strategy and Japan's Hydrogen Society Roadmap further contribute to market growth. With ongoing technological advancements and an increase in production capacity, the Asia-Pacific region is expected to maintain its dominant position in the electrolyzer catalyst layer market in the coming years.

Electrolyzer Catalyst Layer Market Drivers:

Some of the key drivers listed in the report are given below.
• The growth of the electrolyzer catalyst layer market is driven by the global shift toward renewable energy and the push for a low-carbon economy. As nations and industries seek to cut greenhouse gas emissions, hydrogen is gaining prominence as a clean energy carrier, with water electrolysis being a key method for its production. This rising demand for green hydrogen is increasing the need for efficient electrolyzer systems, which rely on advanced catalyst layers to enhance energy conversion efficiency.
• In addition, the continuous development of high-performance and cost-effective catalyst materials, such as platinum, iridium, and nickel-based alloys, is accelerating market growth. These innovations not only improve the efficiency of electrolyzers but also make technology more economically feasible for large-scale use. Ongoing research and development to extend catalyst lifespan and reduce material costs are further boosting the market.
• Government policies and incentives promoting hydrogen-based solutions, including subsidies and funding for renewable energy projects, are also fueling market expansion. The growing use of electrolyzers in industries like energy storage, transportation, and industrial applications is driving demand for catalyst layers. Together, these factors are propelling the electrolyzer catalyst layer market, advancing the global transition to sustainable energy, and supporting the widespread adoption of green hydrogen technologies.

Top Companies in the Electrolyzer Catalyst Layer Market:
Stratview Research has identified the following companies as the top market players.
• Umicore
• BASF SE
• 3M
• Huntsman International LLC
• Heraeus Holding
• Johnson Matthey
• Haldor Topsoe
• Clariant
• Tanaka Holdings Co., Ltd.
• Plug Power Inc.
• Nisshinbo Holdings Inc.
• De Nora
• Sunrise Power
Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Electrolyzer Catalyst Layer Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due
diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

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