Global Proton Exchange Membranes (PEM) Market Growth 2024-2030
Proton Exchange Membranes (PEM) is an important component used in solid polymer electrolyte fuel cells (Proton Exchange Membrane Fuel Cell, referred to as PEMFC). PEMFC is an efficient and clean energy technology widely used in transportation, household power systems and portable equipment. PEM is a type of electrolyte, usually a polymer membrane containing acidic functional groups. It has high electrical conductivity, high proton conductivity and chemical stability, while possessing sufficient mechanical strength and durability to perform well in fuel cells. In PEMFC, the proton exchange membrane plays a key role. It allows protons to be transferred between the anode and the cathode, prompting the oxidation reaction of hydrogen molecules on the anode to generate current and water. This electrochemical process makes PEMFC a clean and efficient energy conversion technology.
The global Proton Exchange Membranes (PEM) market size is projected to grow from US$ 1485 million in 2024 to US$ 3083 million in 2030; it is expected to grow at a CAGR of 12.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Proton Exchange Membranes (PEM) Industry Forecast” looks at past sales and reviews total world Proton Exchange Membranes (PEM) sales in 2023, providing a comprehensive analysis by region and market sector of projected Proton Exchange Membranes (PEM) sales for 2024 through 2030. With Proton Exchange Membranes (PEM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Proton Exchange Membranes (PEM) industry.
This Insight Report provides a comprehensive analysis of the global Proton Exchange Membranes (PEM) 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 Proton Exchange Membranes (PEM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Proton Exchange Membranes (PEM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Proton Exchange Membranes (PEM) 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 Proton Exchange Membranes (PEM).
Global key players of Proton Exchange Membranes include Gore, Chemours, Asahi Kasei, AGC, Dongyue Group, etc. The top five players hold a share over 71%. Asia-Pacific is the largest market, and has a share about 43%, followed by North America and Europe with share 32% and 20%, separately. In terms of product type, Perfluorosulfonic Acid Membrane is the largest segment, occupied for a share of 61%. In terms of application, Fuel Cell has a share about 76 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Proton Exchange Membranes (PEM) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Perfluorosulfonic Acid Membrane
Partially Fluorinated Polymers Membrane
Polyaromatic Polymers Membrane
Others
Segmentation by Application:
Fuel Cell
Hydrogen Generation by Water Electrolysis
Chlor-Alkali Industry
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Gore
Chemours
Asahi Kasei
AGC
Dongyue Group
Solvay
FUMATECH BWT GmbH (BWT Group)
Ionomr
BASF
Ballard Power Systems
De Nora
DuPont
3M
Johnson Matthey
Accelera
NedStack
Plug Power
Key Questions Addressed in this Report
What is the 10-year outlook for the global Proton Exchange Membranes (PEM) market?
What factors are driving Proton Exchange Membranes (PEM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Proton Exchange Membranes (PEM) market opportunities vary by end market size?
How does Proton Exchange Membranes (PEM) break out by Type, by Application?
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