Market Overview:
The global PEM fuel cell catalysts 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 fuel cells from transportation and stationary power applications. Additionally, the growing demand for portable power devices is also contributing to the growth of this market. The global PEM fuel cell catalysts market can be segmented on the basis of type into platinum-based and non-platinum catalysts. Platinum-based catalysts are more expensive than non-platinum catalysts but offer better performance and longer life cycles. On the basis of application, the global PEM fuel cell catalyst market can be divided into transportation, stationary power, and portable power applications. The transportation sector is expected to account for a major share of this market in terms of revenue due to increasing adoption of fuel cells in buses, cars, trains, boats etc.
Product Definition:
PEM fuel cell catalysts are materials that facilitate the conversion of chemical energy into electrical energy in a fuel cell. They are important because they play a key role in the efficient operation of a fuel cell.
Platinum-based:
Platinum-based PEM fuel cells have been in development for over two decades. The catalyst is the most expensive component of a PEM fuel cell and its cost directly influences the commercialization of these systems. Over the last two decades, research has focused on developing low-cost catalysts to enable widespread commercialization of these systems.
Non-platinum:
Non-platinum is a chemical element, which has the same properties as platinum but at a lower concentration. It can be used in PEM fuel cells to improve their activity and efficiency by making it more stable. The catalyst supports the oxidation of hydrogen to water and oxygen along with the reduction of oxygen to carbon dioxide and loss of energy.
Application Insights:
Stationary power application segment led the global PEM fuel cell catalysts market in 2017 and is projected to continue its dominance over the forecast period. Growing demand for PEM fuel cells as an alternative source of electricity has resulted in increased product installations at power plants, which is expected to drive growth. In addition, growing concerns regarding greenhouse gas emissions coupled with government initiatives are likely to propel stationary power application segment growth over the forecast period. Portable Power (PP) application segment accounted for a significant share of the global revenue in 2017 due to increasing demand from end-use industries such as consumer electronics, medical equipment and transportation applications including forklifts and heavy-duty vehicles among others.
The automotive sector was one of the major PP consumers owing to rising sales of electric passenger cars.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The region will retain its leading position through 2025 on account of rising product demand from various end-use industries, such as portable power, transportation, and stationary power. China is expected to remain a key consumer owing to rapid industrialization along with increasing investments in R&D activities by domestic companies.
North America PEM fuel cell catalysts market was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period owing to growing environmental concerns coupled with government support for promoting clean energy sources across U.S., Canada, and Mexico countries which are further expected drive industry expansion over next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for fuel cell vehicles: The global market for fuel cell vehicles is expected to grow at a CAGR of more than 28% from 2016 to 2020. This is primarily due to the increasing demand for environment-friendly and low-emission transportation options.
- Rising awareness about the benefits of PEM fuel cells: There is a growing awareness about the benefits of PEM fuel cells among consumers, owing to their high efficiency and low emissions. This is likely to boost the adoption of PEM fuel cells in various applications such as transportation, power generation, and portable electronics.
- Technological advancements in PEM fuel cell catalysts: The technological advancements in PEM fuel cell catalysts are helping reduce their manufacturing costs, making them more affordable for end users. This is likely to spur the growth of the market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
PEM Fuel Cell Catalysts Market Research Report
By Type
Platinum-based, Non-platinum
By Application
Transportation, Stationary Power, Portable Power
By Companies
Johnson Matthey, BASF, Tanaka, Nisshinbo, Umicore, VINATech, Cataler, Sino-Platinum Metals, Wuhan Himalaya, Ningbo Zhongke, SuZhou Hydrogine Power Technology Co, Kunshan Sunlaite
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global PEM Fuel Cell Catalysts Market Report Segments:
The global PEM Fuel Cell Catalysts market is segmented on the basis of:
Types
Platinum-based, Non-platinum
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
Transportation, Stationary Power, Portable Power
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:
- Johnson Matthey
- BASF
- Tanaka
- Nisshinbo
- Umicore
- VINATech
- Cataler
- Sino-Platinum Metals
- Wuhan Himalaya
- Ningbo Zhongke
- SuZhou Hydrogine Power Technology Co
- Kunshan Sunlaite
Highlights of The PEM Fuel Cell Catalysts 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
- Non-platinum
- By Application:
- Transportation
- Stationary Power
- Portable Power
- 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 PEM Fuel Cell Catalysts 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?
PEM fuel cell catalysts are a type of catalyst that is used in the production of hydrogen from water and carbon dioxide. They are made from platinum and iron, and they help to create a reaction between the two gases that produces hydrogen gas.
Some of the major companies in the pem fuel cell catalysts market are Johnson Matthey, BASF, Tanaka, Nisshinbo, Umicore, VINATech, Cataler, Sino-Platinum Metals, Wuhan Himalaya, Ningbo Zhongke, SuZhou Hydrogine Power Technology Co, Kunshan Sunlaite.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size & Forecast, 2018-2028
4.5.1 PEM Fuel Cell Catalysts Market Size and Y-o-Y Growth
4.5.2 PEM Fuel Cell Catalysts Market Absolute $ Opportunity
Chapter 5 Global PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size Forecast by Type
5.2.1 Platinum-based
5.2.2 Non-platinum
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Stationary Power
6.2.3 Portable Power
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Analysis and Forecast
9.1 Introduction
9.2 North America PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size Forecast by Type
9.6.1 Platinum-based
9.6.2 Non-platinum
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 PEM Fuel Cell Catalysts Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Stationary Power
9.10.3 Portable Power
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 PEM Fuel Cell Catalysts Analysis and Forecast
10.1 Introduction
10.2 Europe PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size Forecast by Type
10.6.1 Platinum-based
10.6.2 Non-platinum
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 PEM Fuel Cell Catalysts Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Stationary Power
10.10.3 Portable Power
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 PEM Fuel Cell Catalysts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size Forecast by Type
11.6.1 Platinum-based
11.6.2 Non-platinum
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 PEM Fuel Cell Catalysts Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Stationary Power
11.10.3 Portable Power
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 PEM Fuel Cell Catalysts Analysis and Forecast
12.1 Introduction
12.2 Latin America PEM Fuel Cell Catalysts 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 PEM Fuel Cell Catalysts Market Size Forecast by Type
12.6.1 Platinum-based
12.6.2 Non-platinum
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 PEM Fuel Cell Catalysts Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Stationary Power
12.10.3 Portable Power
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) PEM Fuel Cell Catalysts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PEM Fuel Cell Catalysts 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) PEM Fuel Cell Catalysts Market Size Forecast by Type
13.6.1 Platinum-based
13.6.2 Non-platinum
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) PEM Fuel Cell Catalysts Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Stationary Power
13.10.3 Portable Power
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 PEM Fuel Cell Catalysts Market: Competitive Dashboard
14.2 Global PEM Fuel Cell Catalysts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Matthey
14.3.2 BASF
14.3.3 Tanaka
14.3.4 Nisshinbo
14.3.5 Umicore
14.3.6 VINATech
14.3.7 Cataler
14.3.8 Sino-Platinum Metals
14.3.9 Wuhan Himalaya
14.3.10 Ningbo Zhongke
14.3.11 SuZhou Hydrogine Power Technology Co
14.3.12 Kunshan Sunlaite
