Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

The vanadium redox battery (VRB) (or Vanadium flow battery) is a type of rechargeable flow battery that employs vanadium ions in different oxidation states to store chemical potential energy. The vanadium redox battery exploits the ability of vanadium to exist in solution in four different oxidation states, and uses this property to make a battery that has just one electroactive element instead of two.



As the schematic shown in Fig, a vanadium redox-flow battery has two chambers, a positive chamber and a negative chamber, separated by an ion-exchange membrane. These two chambers are circulated with electrolytes containing active species of vanadium in different valence states, VO2+/VO2+ in the positive electrolyte and V2+/V3+ in the negative electrolyte. During discharge process, VO2+ is reduced to VO2+ at the positive electrode and V2+ is oxidized to V3+ at the negative electrode, as shown in Equation(1) and (2). The reactions proceed in the opposite direction during charge process. The active species are normally dissolved in a strong acid, and the protons transport across the ion-exchange membrane to balance the charge.

According to our (Global Info Research) latest study, the global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market size was valued at US$ 26.1 million in 2023 and is forecast to a readjusted size of USD 84.7 million by 2030 with a CAGR of 18.6% during review period.

Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery key players include Chemours (DuPont), etc. Global top one players hold a share about 90%.

North America is the largest market, with a share about 90%, followed by China and Europe, having a total share about 5 percent.

In terms of product, Full-fluorinion Ion Exchange Membrane is the largest segment, with a share about 60%. And in terms of application, the largest application is Large-Scale Energy Storage, followed by Industrial Grid Adjustment and Management, etc.

This report is a detailed and comprehensive analysis for global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market size and forecasts, in consumption value ($ Million), sales quantity (Sqm), and average selling prices (USD/sqm), 2019-2030

Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Sqm), and average selling prices (USD/sqm), 2019-2030

Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Sqm), and average selling prices (USD/sqm), 2019-2030

Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market shares of main players, shipments in revenue ($ Million), sales quantity (Sqm), and ASP (USD/sqm), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Ion Exchange Membrane of All-Vanadium Redox Flow Battery

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Chemours Company, FuMa-Tech, Golden Energy Fuel Cell, Dalian Institute of Chemical Physics, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Ion Exchange Membrane of All-Vanadium Redox Flow Battery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Full-fluorinion Ion Exchange Membrane
Non-fluorinion Ion Exchange Membrane
Others

Market segment by Application
Large-Scale Energy Storage
Industrial Grid Adjustment and Management
Others

Major players covered
Chemours Company
FuMa-Tech
Golden Energy Fuel Cell
Dalian Institute of Chemical Physics

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Ion Exchange Membrane of All-Vanadium Redox Flow Battery product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Ion Exchange Membrane of All-Vanadium Redox Flow Battery, with price, sales quantity, revenue, and global market share of Ion Exchange Membrane of All-Vanadium Redox Flow Battery from 2019 to 2024.

Chapter 3, the Ion Exchange Membrane of All-Vanadium Redox Flow Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Ion Exchange Membrane of All-Vanadium Redox Flow Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Ion Exchange Membrane of All-Vanadium Redox Flow Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Ion Exchange Membrane of All-Vanadium Redox Flow Battery.

Chapter 14 and 15, to describe Ion Exchange Membrane of All-Vanadium Redox Flow Battery sales channel, distributors, customers, research findings and conclusion.