Global PEM Fuel Cell Catalysts Market Growth 2023-2029
In a PEM Fuel Cell, hydrogen fuel is oxidized at the anode where electrons are separated from protons on the surface of a precious metal catalyst. The protons pass through the membrane to the cathode side of the cell while the electrons travel in an external circuit, generating the electrical output of the cell. On the cathode side, another precious metal catalyst combines the protons and electrons with oxygen (from the air) to produce water, which is expelled as the only waste product. The fuel cells typically use a platinum catalyst to speed up the reaction at the oxygen electrode. The report studies catalysts used in Proton-exchange membrane fuel cells.
LPI (LP Information)' newest research report, the “PEM Fuel Cell Catalysts Industry Forecast” looks at past sales and reviews total world PEM Fuel Cell Catalysts sales in 2022, providing a comprehensive analysis by region and market sector of projected PEM Fuel Cell Catalysts sales for 2023 through 2029. With PEM Fuel Cell Catalysts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PEM Fuel Cell Catalysts industry.
This Insight Report provides a comprehensive analysis of the global PEM Fuel Cell Catalysts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PEM Fuel Cell Catalysts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PEM Fuel Cell Catalysts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PEM Fuel Cell Catalysts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PEM Fuel Cell Catalysts.
The global PEM Fuel Cell Catalysts market size is projected to grow from US$ 295 million in 2022 to US$ 807.4 million in 2029; it is expected to grow at a CAGR of 807.4 from 2023 to 2029.
Global core PEM fuel cell catalysts manufacturers include Johnson Matthey, Tanaka and Umicore etc. The top 3 companies hold a share about 64%. Middle East and Africa is the largest market, with a share about 42%, followed by Asia Pacific and Europe with the share about 36% and 18%.
In terms of product, platinum-based is the largest segment, with a share about 90%. And in terms of application, the largest application is transportation with a share about 73%, followed by stationary power and portable power.
This report presents a comprehensive overview, market shares, and growth opportunities of PEM Fuel Cell Catalysts market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Platinum-based
Non-platinum
Segmentation by application
Transportation
Stationary Power
Portable Power
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Matthey
Tanaka
Umicore
Nisshinbo
VINATech
Clariant
BASF
Cataler
Heraeus
ENY-Mobility
Wuhan Himalaya
Kunshan Sunlaite
Ningbo Zhongke
SuZhou Hydrogine Power Technology Co
Key Questions Addressed in this Report
What is the 10-year outlook for the global PEM Fuel Cell Catalysts market?
What factors are driving PEM Fuel Cell Catalysts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PEM Fuel Cell Catalysts market opportunities vary by end market size?
How does PEM Fuel Cell Catalysts break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook