Market Overview:
The global polymer electrolyte membranes market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for fuel cells and batteries in automotive and electronic applications. In addition, the growing demand for polymer electrolyte membranes in industrial applications is also contributing to the growth of the market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis on type, single layer segment is anticipated to hold major share in global polymer electrolyte membrane market over forecast period owing its low manufacturing cost as compared multi layer and others type segments .Based on application, electronic segment accounted for largest share followed by automotive and industrial segments respectively , due high adoption rate across various industries on account of benefits such as high efficiency ,low emission & long life cycle .
Product Definition:
A polymer electrolyte membrane (PEM) is a thin film of polymeric material that serves as a separator between the electrodes in a fuel cell. The PEM allows protons (H+) to pass through it while blocking electrons, allowing the fuel cell to produce electricity.
Single Layer:
Single layer is a thin film membrane of pure electrolyte with low resistance and high permeability. It has the ability to operate at extremely low oxygen partial pressure (Pao) and higher voltage than multi-layered cells. Single layer is used in applications where high permeability, small volume, or low resistance are required.
Multi Layer:
Multi layer is a composite material made up of two or more layers. These layers can be made from different materials and have different properties. Multi layer usually consists of an inner core layer, which is made from polymer resin followed by an outermost protective film, which is also known as the topcoat.
Application Insights:
Electronic application dominated the global market in 2017. The rising demand for smartphones, tablets and laptops is fueling the growth of this segment. In addition, increasing production of electronic devices to meet the growing demand from end-use industries is expected to propel industry expansion over the forecast period.
Automotive was another prominent segment accounting for a share of 22% in 2017 owing to rising automotive production across key economies including China, India and Japan on account of supportive government policies regarding infrastructure development along with technological developments in transportation systems such as autonomous cars and drones are anticipated to fuel product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers, such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation; Hyundai Motor Company; Tata Motors Ltd.; and Nissan Diesel Engine Co., Ltd. has contributed to this growth. Furthermore, rising disposable income coupled with an increasing population has resulted in a high demand for automobiles which will further boost industry expansion over the next eight years.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 owing to growing automobile production along with technological advancements across various industries including healthcare & life sciences, electronics & electricals and others that are anticipated to augment industry growth over the coming years.
Growth Factors:
- Increasing demand for fuel cells: The increasing demand for fuel cells is one of the major growth drivers for the polymer electrolyte membranes market. Polymer electrolyte membranes are used in fuel cells to separate the anode and cathode gases, which helps in efficient functioning of the fuel cell. This is expected to drive the growth of the polymer electrolyte membrane market in the coming years.
- Rising demand from automotive industry: The growing automotive industry is another major driver for the polymer electrolyte membrane market. Polymer electrolyte membranes are used in automobiles as separators between electrodes in batteries and also as a component of hydrogen fuel cells. This is expected to boostthe growth of this market duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Polymer Electrolyte Membranes Market Research Report
By Type
Single Layer, Multi Layer, Others
By Application
Electronic, Automotive, Industrial, Others
By Companies
Asahi, Tonen, Ube, Sumitomo Chemical, MCC, Nitto Denko, Entek, Celgard, SK Innovation, W-Scope, Asahi, PSPG, Evonik, Coin Chemica, Green, Jinhui, Cangzhou Mingzhu, Senior, Yun Tianhua Group
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Polymer Electrolyte Membranes Market Report Segments:
The global Polymer Electrolyte Membranes market is segmented on the basis of:
Types
Single Layer, Multi Layer, Others
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
Electronic, Automotive, Industrial, Others
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:
- Asahi
- Tonen
- Ube
- Sumitomo Chemical
- MCC
- Nitto Denko
- Entek
- Celgard
- SK Innovation
- W-Scope
- Asahi
- PSPG
- Evonik
- Coin Chemica
- Green
- Jinhui
- Cangzhou Mingzhu
- Senior
- Yun Tianhua Group
Highlights of The Polymer Electrolyte Membranes 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:
- Single Layer
- Multi Layer
- Others
- By Application:
- Electronic
- Automotive
- Industrial
- Others
- 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 Polymer Electrolyte Membranes 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?
Polymer electrolyte membranes (PEMs) are a type of energy storage device that can be used to store renewable energy. PEMs are made from polymers, which allow them to be flexible and lightweight. They can also be easily recycled.
Some of the major companies in the polymer electrolyte membranes market are Asahi, Tonen, Ube, Sumitomo Chemical, MCC, Nitto Denko, Entek, Celgard, SK Innovation, W-Scope, Asahi, PSPG, Evonik, Coin Chemica, Green, Jinhui, Cangzhou Mingzhu, Senior, Yun Tianhua Group.
The polymer electrolyte membranes market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size & Forecast, 2018-2028
4.5.1 Polymer Electrolyte Membranes Market Size and Y-o-Y Growth
4.5.2 Polymer Electrolyte Membranes Market Absolute $ Opportunity
Chapter 5 Global Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size Forecast by Type
5.2.1 Single Layer
5.2.2 Multi Layer
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size Forecast by Applications
6.2.1 Electronic
6.2.2 Automotive
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Analysis and Forecast
9.1 Introduction
9.2 North America Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size Forecast by Type
9.6.1 Single Layer
9.6.2 Multi Layer
9.6.3 Others
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 Polymer Electrolyte Membranes Market Size Forecast by Applications
9.10.1 Electronic
9.10.2 Automotive
9.10.3 Industrial
9.10.4 Others
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 Polymer Electrolyte Membranes Analysis and Forecast
10.1 Introduction
10.2 Europe Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size Forecast by Type
10.6.1 Single Layer
10.6.2 Multi Layer
10.6.3 Others
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 Polymer Electrolyte Membranes Market Size Forecast by Applications
10.10.1 Electronic
10.10.2 Automotive
10.10.3 Industrial
10.10.4 Others
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 Polymer Electrolyte Membranes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size Forecast by Type
11.6.1 Single Layer
11.6.2 Multi Layer
11.6.3 Others
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 Polymer Electrolyte Membranes Market Size Forecast by Applications
11.10.1 Electronic
11.10.2 Automotive
11.10.3 Industrial
11.10.4 Others
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 Polymer Electrolyte Membranes Analysis and Forecast
12.1 Introduction
12.2 Latin America Polymer Electrolyte Membranes 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 Polymer Electrolyte Membranes Market Size Forecast by Type
12.6.1 Single Layer
12.6.2 Multi Layer
12.6.3 Others
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 Polymer Electrolyte Membranes Market Size Forecast by Applications
12.10.1 Electronic
12.10.2 Automotive
12.10.3 Industrial
12.10.4 Others
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) Polymer Electrolyte Membranes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polymer Electrolyte Membranes 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) Polymer Electrolyte Membranes Market Size Forecast by Type
13.6.1 Single Layer
13.6.2 Multi Layer
13.6.3 Others
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) Polymer Electrolyte Membranes Market Size Forecast by Applications
13.10.1 Electronic
13.10.2 Automotive
13.10.3 Industrial
13.10.4 Others
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 Polymer Electrolyte Membranes Market: Competitive Dashboard
14.2 Global Polymer Electrolyte Membranes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi
14.3.2 Tonen
14.3.3 Ube
14.3.4 Sumitomo Chemical
14.3.5 MCC
14.3.6 Nitto Denko
14.3.7 Entek
14.3.8 Celgard
14.3.9 SK Innovation
14.3.10 W-Scope
14.3.11 Asahi
14.3.12 PSPG
14.3.13 Evonik
14.3.14 Coin Chemica
14.3.15 Green
14.3.16 Jinhui
14.3.17 Cangzhou Mingzhu
14.3.18 Senior
14.3.19 Yun Tianhua Group
