Market Overview:
The global PEM fuel cell materials market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel cells in automobiles and unmanned aerial vehicles (UAVs), and rising awareness about the benefits of fuel cells over traditional forms of energy generation. The global PEM fuel cell materials market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into metal-organic framework (MOF), proton exchange membrane (PEM), platinum, and other materials. The proton exchange membrane segment is expected to account for a major share of the global PEM fuel cell materials market due to its high efficiency and low cost as compared to other types of membranes. On the basis of application,the market is divided into automobiles, UAVs, stationary power systems,, portable power systems,,and others applications such as military & defense,.
Product Definition:
PEM fuel cells are a type of fuel cell that use a proton exchange membrane (PEM) as the electrolyte. PEM fuel cells are often used in transportation applications, such as buses and cars, because they can be started quickly and have a high power density.
Metal-organic Framework (MOF):
Metal-organic frameworks (MOFs) are porous and crystalline materials with metal ions or metal oxide groups at their interior. They can be used as adsorbents, catalysts, membranes, and absorbents owing to their highly porous structure with large surface area & pore size distribution.
Metal-organic frameworks have gained significant attention in the past few years on account of their potential use in PEM fuel cells as an alternative to expensive activated carbon for removing impurities such as mercury.
Proton Exchange Membrane (PEM):
Proton exchange membrane (PEM) is a type of electrochemical material that acts as an anion and cation selective barrier. It's the most common type of membrane used in fuel cells, which are utilized to generate electricity. The PEM membranes are made from special materials such as platinum, ruthenium, iridium and palladium; which have high resistance to corrosion & oxidation and low permeability to water vapor & gases.
Application Insights:
Automotive application dominated the global PEM fuel cell materials market in terms of revenue share, accounting for over 40.0% of the total market volume in 2017. The automotive segment is expected to witness significant growth over the forecast period owing to increasing demand for electric and hybrid vehicles across various regions including Asia Pacific, North America and Europe.
The UAV segment is also expected to witness considerable growth with respect to other applications on account of rising use in military aircrafts as well as drones. Increasing use of these aircrafts for surveillance & reconnaissance missions has led major manufacturers such as Airbus Group SE and Boeing Company LLC towards using fuel cells instead of conventional jet engines which are used for powering rotary blades on these flying robots generating electricity by harnessing energy from its movement through a propeller system.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China and India, which are among the largest automotive markets globally. Growing demand for fuel cell-powered vehicles in these countries on account of increasing government support towards development of PEMFCs is likely to have a positive impact on industry growth.
Europe accounted for a significant share owing to high penetration of fuel cell-powered vehicles across various application segments including transportation, power generation, water treatment and others. In addition, growing awareness regarding environment protection coupled with stringent regulations aimed at reducing carbon footprint are expected to drive industry growth over the forecast period.
North America emerged as one of the prominent regional markets due to presence of key automobile manufacturers such as Ford Motor Company; General Motors Company; Nissan Motor Corporation; BMW Group; Honda Motor Co., Ltd.; Hyundai Mobis Inc.
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 PEMFCs: There is a growing awareness among consumers about the benefits of PEMFCs, such as their high efficiency, low emissions, and long life span. This is likely to boost the adoption of PEMFCs in various applications in the near future.
- Growing investments in R&D: Fuel cell technology is still in its nascent stage and there is a lot of scope for improvement and innovation. This has led to an increase in investments by companies into R&D activities related to fuel cells, which will help drive growth in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
PEM Fuel Cell Materials Market Research Report
By Type
Metal-organic Framework (MOF), Proton Exchange Membrane (PEM), Platinum, Other
By Application
Automobile, Unmanned Aerial Vehicle (UAV), Other
By Companies
Dupont, BASF SE, HyPlat, ABB Ltd, Giner Inc., 3M, Hydrogenics, Robert Bosch GmbH, Asahi Kasei, Dow Chemical Company, Solvay Solexis
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global PEM Fuel Cell Materials Market Report Segments:
The global PEM Fuel Cell Materials market is segmented on the basis of:
Types
Metal-organic Framework (MOF), Proton Exchange Membrane (PEM), Platinum, 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
Automobile, Unmanned Aerial Vehicle (UAV), 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:
- Dupont
- BASF SE
- HyPlat
- ABB Ltd
- Giner Inc.
- 3M
- Hydrogenics
- Robert Bosch GmbH
- Asahi Kasei
- Dow Chemical Company
- Solvay Solexis
Highlights of The PEM Fuel Cell Materials 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:
- Metal-organic Framework (MOF)
- Proton Exchange Membrane (PEM)
- Platinum
- Other
- By Application:
- Automobile
- Unmanned Aerial Vehicle (UAV)
- 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 PEM Fuel Cell Materials 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.
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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 cells are made of materials that can be easily and cheaply manufactured. These materials include polymer electrolyte membranes (PEMs), anode catalysts, and cathodes.
Some of the key players operating in the pem fuel cell materials market are Dupont, BASF SE, HyPlat, ABB Ltd, Giner Inc., 3M, Hydrogenics, Robert Bosch GmbH, Asahi Kasei, Dow Chemical Company, Solvay Solexis.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PEM Fuel Cell Materials 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 Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PEM Fuel Cell Materials 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 Materials 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 Materials Market Size & Forecast, 2018-2028
4.5.1 PEM Fuel Cell Materials Market Size and Y-o-Y Growth
4.5.2 PEM Fuel Cell Materials Market Absolute $ Opportunity
Chapter 5 Global PEM Fuel Cell Materials 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 Materials Market Size Forecast by Type
5.2.1 Metal-organic Framework (MOF)
5.2.2 Proton Exchange Membrane (PEM)
5.2.3 Platinum
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PEM Fuel Cell Materials 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 Materials Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Unmanned Aerial Vehicle (UAV)
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PEM Fuel Cell Materials 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 Materials 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 Materials Analysis and Forecast
9.1 Introduction
9.2 North America PEM Fuel Cell Materials 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 Materials Market Size Forecast by Type
9.6.1 Metal-organic Framework (MOF)
9.6.2 Proton Exchange Membrane (PEM)
9.6.3 Platinum
9.6.4 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 PEM Fuel Cell Materials Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Unmanned Aerial Vehicle (UAV)
9.10.3 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 PEM Fuel Cell Materials Analysis and Forecast
10.1 Introduction
10.2 Europe PEM Fuel Cell Materials 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 Materials Market Size Forecast by Type
10.6.1 Metal-organic Framework (MOF)
10.6.2 Proton Exchange Membrane (PEM)
10.6.3 Platinum
10.6.4 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 PEM Fuel Cell Materials Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Unmanned Aerial Vehicle (UAV)
10.10.3 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 PEM Fuel Cell Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PEM Fuel Cell Materials 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 Materials Market Size Forecast by Type
11.6.1 Metal-organic Framework (MOF)
11.6.2 Proton Exchange Membrane (PEM)
11.6.3 Platinum
11.6.4 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 PEM Fuel Cell Materials Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Unmanned Aerial Vehicle (UAV)
11.10.3 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 PEM Fuel Cell Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America PEM Fuel Cell Materials 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 Materials Market Size Forecast by Type
12.6.1 Metal-organic Framework (MOF)
12.6.2 Proton Exchange Membrane (PEM)
12.6.3 Platinum
12.6.4 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 PEM Fuel Cell Materials Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Unmanned Aerial Vehicle (UAV)
12.10.3 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) PEM Fuel Cell Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PEM Fuel Cell Materials 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 Materials Market Size Forecast by Type
13.6.1 Metal-organic Framework (MOF)
13.6.2 Proton Exchange Membrane (PEM)
13.6.3 Platinum
13.6.4 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) PEM Fuel Cell Materials Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Unmanned Aerial Vehicle (UAV)
13.10.3 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 PEM Fuel Cell Materials Market: Competitive Dashboard
14.2 Global PEM Fuel Cell Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
14.3.1 Dupont
14.3.2 BASF SE
14.3.3 HyPlat
14.3.4 ABB Ltd
14.3.5 Giner Inc.
14.3.6 3M
14.3.7 Hydrogenics
14.3.8 Robert Bosch GmbH
14.3.9 Asahi Kasei
14.3.10 Dow Chemical Company
14.3.11 Solvay Solexis
