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Anion Exchange Membrane Market Share Expands with Growing Adoption in Fuel Cells and Water Treatment | Valuates Reports
Anion Exchange Membrane Market SizeIn 2024, the global market size of Anion Exchange Membrane was estimated to be worth US$ 291 million and is forecast to reach approximately US$ 429 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.
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The anion exchange membrane market is experiencing robust growth, supported by increasing investments in clean energy technologies and sustainable industrial processes. Market trends reveal that the rising demand for fuel cells, along with advancements in water treatment and chemical processing, is driving overall market size. With policies promoting decarbonization and clean hydrogen initiatives, the market is witnessing strong momentum, further enhancing market growth.
Among thickness segments, membranes in the 40-80 μm range currently account for the largest market share, as they balance mechanical strength and ion conductivity for multiple applications. Below 40 μm membranes are emerging as the fastest-growing segment, benefiting from their suitability in high-performance fuel cells. Above 80 μm membranes also remain relevant for applications where durability and chemical resistance are critical, adding diversity to the market landscape.
By application, the fuel cell sector dominates the anion exchange membrane market share, propelled by the increasing shift toward hydrogen-powered mobility and clean energy storage solutions. Water treatment is registering rapid growth, as industries and municipalities adopt advanced membrane technologies for efficient purification and desalination. The chlor-alkali industry continues to be an important end-use, maintaining steady demand as part of large-scale chemical production.
Looking ahead, the anion exchange membrane market forecast points to strong future expansion across regions, led by Asia-Pacific and Europe due to their aggressive investments in green hydrogen, renewable power, and industrial water solutions. Ongoing innovations from leading companies such as Fujifilm, AGC, Astom, Ionomr Innovations, and others are expected to enhance efficiency and reduce costs, ensuring broader adoption and strengthening long-term market growth.
Segment by Application
• Fuel Cell
• Water Treatment
• Chlor-Alkali Industry
By Company
Fujifilm, AGC, Astom, Ionomr Innovations, Versogen, Saltworks Technologies, Shandong Tianwei Membrane Technology, Segment by Thickness, Below 40 μm, 40-80 μm, Above 80 μm
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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
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