Market Overview:
The global fuel cell catalyst market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for clean and efficient energy sources, rising awareness about the benefits of fuel cells, and technological advancements in fuel cell technology. The global fuel cell catalyst market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into platinum-based fuel cell catalysts and platinum ruthenium alloy-based fuel cell catalysts. Platinum-based catalysts are more popular than platinum ruthenium alloy-based catalysts due to their high efficiency and low cost. On the basis of application, the market is divided into methanol fuel cells, hydrogen fuel cells, reformatefuel cells (including PEMFCs), and other applications (such as DMFCs). The methanol fuellcell Catalyst segment accounts for a major share ofthe global Fuel Cell Catalyst Market owingto its high efficiencyand growing demand forvehicles that run on alternative fuels such as CNG/LPG/ethanol/methanol etc., which helps reduce greenhouse gas emissions.
Product Definition:
A fuel cell catalyst is a material that helps to start and speed up the chemical reaction between fuel and oxygen in a fuel cell, which creates electricity. The catalyst is often platinum or palladium.
Platinum Based Fuel Cell Catalyst:
Platinum based fuel cell catalyst is a high-performance material that enhances the activity of fuel cells. It has been used as an additive in hydrogen fueled vehicles for decades. The catalyst supports the reaction between hydrogen and oxygen by providing easy access to energy from one atom, i.e., from water molecule, with less effort than other materials such as palladium or ruthenium metal supported catalysts which require platinum group metals (PGM).
Platinum Ruthenium Alloy Based Fuel Cell Catalyst:
Platinum ruthenium alloy (Pt-Ru) based fuel cell catalyst is a new material that exhibits high activity and selectivity towards the electron donor. It has been observed that this material prefers hydrogen over other fuels such as methanol or ethanol.
Application Insights:
Methanol fuel cell catalyst was the most dominant application segment in 2017. The growth of this segment is attributed to the growing demand for methanol as a solvent and gasoline additive. Growing use of methanol in formulating gasoline additives has resulted in an increased demand for these catalysts, which are used during reforming process.
Hydrogen fuel cell catalyst market is expected to witness significant growth over the forecast period owing to rising R&D activities pertaining hydrogen production on commercial scale and increasing government support towards development of hydrogen economy. In addition, technological advancements such as platinum group metal-based catalysts that exhibit high activity at low temperatures are anticipated to drive the industry growth over next seven years or so.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing government funding and research activities related to fuel cell technology. In addition, growing demand for clean energy is anticipated to drive regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rising investments by various governments in developing countries such as China and India. Moreover, these countries are also focusing on reducing their dependence on foreign sources of oil thereby driving FCEV sales across this region during the forecast period from 2018 To 2030 (estimated).
Europe has been a major hub for technological advancements with many companies such as BMW Group; Bosch; Daimler AG; Ford Motor Company; General Motors Company; Mercedes-Benz AG among others having their manufacturing units present across this region.
Growth Factors:
- Increasing demand for fuel cell vehicles from the automotive sector
- Growing demand for fuel cells from the stationary power sector
- Rising awareness about the benefits of fuel cells among consumers and businesses
- Proliferation of hydrogen fueling infrastructure across key markets
- Technological advancements in fuel cell catalysts
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel Cell Catalyst Market Research Report
By Type
Platinum Based Fuel Cell Catalyst, Platinum Ruthenium Alloy Based Fuel Cell Catalyst, Other
By Application
Methanol Fuel Cell Catalyst, Hydrogen Fuel Cell Catalyst, Reformate Fuel Cell Catalyst, Other
By Companies
JM, TKK, E-TEK, BASF, Umicore, JM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Fuel Cell Catalyst Market Report Segments:
The global Fuel Cell Catalyst market is segmented on the basis of:
Types
Platinum Based Fuel Cell Catalyst, Platinum Ruthenium Alloy Based Fuel Cell Catalyst, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Methanol Fuel Cell Catalyst, Hydrogen Fuel Cell Catalyst, Reformate Fuel Cell Catalyst, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JM
- TKK
- E-TEK
- BASF
- Umicore
- JM
Highlights of The Fuel Cell Catalyst Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platinum Based Fuel Cell Catalyst
- Platinum Ruthenium Alloy Based Fuel Cell Catalyst
- Other
- By Application:
- Methanol Fuel Cell Catalyst
- Hydrogen Fuel Cell Catalyst
- Reformate Fuel Cell Catalyst
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel Cell Catalyst Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fuel cell catalyst is a material that helps to speed up the chemical reaction between hydrogen and oxygen in a fuel cell.
Some of the key players operating in the fuel cell catalyst market are JM, TKK, E-TEK, BASF, Umicore, JM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fuel Cell Catalyst Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fuel Cell Catalyst Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel Cell Catalyst Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fuel Cell Catalyst Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fuel Cell Catalyst Market Size & Forecast, 2020-2028
4.5.1 Fuel Cell Catalyst Market Size and Y-o-Y Growth
4.5.2 Fuel Cell Catalyst Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Platinum Based Fuel Cell Catalyst
5.2.2 Platinum Ruthenium Alloy Based Fuel Cell Catalyst
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Methanol Fuel Cell Catalyst
6.2.2 Hydrogen Fuel Cell Catalyst
6.2.3 Reformate Fuel Cell Catalyst
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fuel Cell Catalyst Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fuel Cell Catalyst Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Platinum Based Fuel Cell Catalyst
9.6.2 Platinum Ruthenium Alloy Based Fuel Cell Catalyst
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Methanol Fuel Cell Catalyst
9.10.2 Hydrogen Fuel Cell Catalyst
9.10.3 Reformate Fuel Cell Catalyst
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Platinum Based Fuel Cell Catalyst
10.6.2 Platinum Ruthenium Alloy Based Fuel Cell Catalyst
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Methanol Fuel Cell Catalyst
10.10.2 Hydrogen Fuel Cell Catalyst
10.10.3 Reformate Fuel Cell Catalyst
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Platinum Based Fuel Cell Catalyst
11.6.2 Platinum Ruthenium Alloy Based Fuel Cell Catalyst
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Methanol Fuel Cell Catalyst
11.10.2 Hydrogen Fuel Cell Catalyst
11.10.3 Reformate Fuel Cell Catalyst
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Platinum Based Fuel Cell Catalyst
12.6.2 Platinum Ruthenium Alloy Based Fuel Cell Catalyst
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Methanol Fuel Cell Catalyst
12.10.2 Hydrogen Fuel Cell Catalyst
12.10.3 Reformate Fuel Cell Catalyst
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Platinum Based Fuel Cell Catalyst
13.6.2 Platinum Ruthenium Alloy Based Fuel Cell Catalyst
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Methanol Fuel Cell Catalyst
13.10.2 Hydrogen Fuel Cell Catalyst
13.10.3 Reformate Fuel Cell Catalyst
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fuel Cell Catalyst Market: Competitive Dashboard
14.2 Global Fuel Cell Catalyst Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JM
14.3.2 TKK
14.3.3 E-TEK
14.3.4 BASF
14.3.5 Umicore
14.3.6 JM
