Market Overview:
The global hydrogen fuel cell catalyst 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 clean and efficient energy sources across the globe. In addition, the growing awareness about environmental concerns is also propelling the demand for hydrogen fuel cells as a cleaner and more efficient alternative to traditional combustion engines. The global hydrogen fuel cell catalyst market can be segmented on the basis of type, application, and region. On the basis of type, platinum type catalysts are expected to account for a major share in terms of revenue in 2018 owing to their high efficiency and durability as compared with other types of catalysts available in the market. However, nickel-based catalysts are anticipated to witness higher growth rates duringthe forecast period due their lower cost as compared with platinum-based catalysts. By application, hydrocarbon fuels cells are estimatedto hold a dominant share in terms of revenuein 2018 owingto their high efficiencyand low emissionsas compared with other typesof fuel cells such ashydrogen-oxygenfuel cells .
Product Definition:
A hydrogen fuel cell catalyst is a substance that helps to speed up the process of converting hydrogen into energy. It is important to have a good catalyst in order to get the most out of your fuel cell.
Platinum Type:
Platinum is a highly reactive metal with excellent electrical as well as chemical properties. It has been used in various catalytic converters for more than 100 years and the latest addition to its family - platinum type, was developed by SABIC (Saudi Arabia Basic Industries Corporation) which is one of the largest producers of crude oil in the world. Platinum type offers higher activity compared to palladium and rhodium at standard temperature and pressure, thus making it suitable for industrial applications.
Nickel Type:
Nickel type is a term used in hydrogen fuel cell (HFC) catalyst market for the purity level of nickel. The different types of nickel include casting, forging, and plating. Nickel has been observed to be an efficient catalyst material in HFCs on account of its properties such as high stability towards operating temperatures and pressures along with excellent electrochemical properties.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is expected to witness significant growth over the forecast period. Other applications include metal hydride, solid oxide fuel cell, and hydrogenation process. The others segment includes Hydrogen-oxygen (H2O2) fuel cell as well as hydrocarbon fueled cells. Increasing demand for H2O2 fueled vehicles is expected to drive the market over the forecast period owing to its ability of directly combining with water without undergoing any chemical change which makes it a preferred energy carrier in green chemistry applications such as polymer electrolysis cells or solid oxide fuel cells.
Hydrocarbon fuels cell application segment was estimated at USD 536 million in 2017.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, with a CAGR of XX% from 2018 to 2030 owing to increasing government initiatives and investments in the sector. For instance, The Government of India has planned for installation of 1 GW worth FCECs capacity by 2022 which will provide employment opportunities in the country's industrial sector. In addition, Japan has set an example for other countries through its rapid development and adoption of Hydrogen Fuel Cell Technology (HFC).
The Middle East & Africa is also expected to witness significant growth over the forecast period due to rising awareness about environmental protection along with growing focus on alternative fuel technologies such as FCEVs that can reduce carbon emission into atmosphere.
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 mainly due to the increasing demand for environment-friendly and low-emission transportation options.
- Government initiatives and subsidies: Governments across the globe are promoting the use of hydrogen fuel cells through various initiatives and subsidies. For instance, in March 2017, Germany announced a subsidy program worth €100 million (~US7 million) for the development of hydrogen infrastructure in the country. This is expected to boost the growth of the hydrogen fuel cell catalyst market during the forecast period.
- Rising awareness about benefits of hydrogen fuel cells: There has been a rise in awareness about benefits offered by hydrogen fuel cells among consumers as well as policy makers in recent years. This is helping to drive adoption of these devices globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrogen Fuel Cell Catalyst Market Research Report
By Type
Platinum Type, Nickel Type, Other
By Application
Hydrocarbon Fuels Cell, Hydrogen-oxygen Fuel Cell, Others
By Companies
BASF, Tanaka, Umicore, Johnson Matthey, Nisshinbo Holdings, Guangzhou Hongji Chuangneng, SINO-PLATINUM METALS, Vision Group, Advanced Technology, Sunrise Power, Wuhan Himalaya Optoelectronics Technology
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydrogen Fuel Cell Catalyst Market Report Segments:
The global Hydrogen Fuel Cell Catalyst market is segmented on the basis of:
Types
Platinum Type, Nickel Type, 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
Hydrocarbon Fuels Cell, Hydrogen-oxygen Fuel Cell, 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:
- BASF
- Tanaka
- Umicore
- Johnson Matthey
- Nisshinbo Holdings
- Guangzhou Hongji Chuangneng
- SINO-PLATINUM METALS
- Vision Group
- Advanced Technology
- Sunrise Power
- Wuhan Himalaya Optoelectronics Technology
Highlights of The Hydrogen 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 Type
- Nickel Type
- Other
- By Application:
- Hydrocarbon Fuels Cell
- Hydrogen-oxygen Fuel Cell
- 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 Hydrogen 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 hydrogen fuel cell catalyst is a device that helps to create energy from hydrogen gas. Hydrogen fuel cells are a type of clean energy technology that can produce electricity and water using only hydrogen gas as an input.
Some of the key players operating in the hydrogen fuel cell catalyst market are BASF, Tanaka, Umicore, Johnson Matthey, Nisshinbo Holdings, Guangzhou Hongji Chuangneng, SINO-PLATINUM METALS, Vision Group, Advanced Technology, Sunrise Power, Wuhan Himalaya Optoelectronics Technology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydrogen Fuel Cell Catalyst Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydrogen Fuel Cell Catalyst Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydrogen Fuel Cell Catalyst Market - Supply Chain
4.5. Global Hydrogen Fuel Cell Catalyst Market Forecast
4.5.1. Hydrogen Fuel Cell Catalyst Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydrogen Fuel Cell Catalyst Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydrogen Fuel Cell Catalyst Market Absolute $ Opportunity
5. Global Hydrogen Fuel Cell Catalyst Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Type
5.3.1. Platinum Type
5.3.2. Nickel Type
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydrogen Fuel Cell Catalyst Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Application
6.3.1. Hydrocarbon Fuels Cell
6.3.2. Hydrogen-oxygen Fuel Cell
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydrogen Fuel Cell Catalyst Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydrogen Fuel Cell Catalyst Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydrogen Fuel Cell Catalyst Demand Share Forecast, 2019-2026
9. North America Hydrogen Fuel Cell Catalyst Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Application
9.4.1. Hydrocarbon Fuels Cell
9.4.2. Hydrogen-oxygen Fuel Cell
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Type
9.7.1. Platinum Type
9.7.2. Nickel Type
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydrogen Fuel Cell Catalyst Demand Share Forecast, 2019-2026
10. Latin America Hydrogen Fuel Cell Catalyst Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Application
10.4.1. Hydrocarbon Fuels Cell
10.4.2. Hydrogen-oxygen Fuel Cell
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Type
10.7.1. Platinum Type
10.7.2. Nickel Type
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydrogen Fuel Cell Catalyst Demand Share Forecast, 2019-2026
11. Europe Hydrogen Fuel Cell Catalyst Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Application
11.4.1. Hydrocarbon Fuels Cell
11.4.2. Hydrogen-oxygen Fuel Cell
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Type
11.7.1. Platinum Type
11.7.2. Nickel Type
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydrogen Fuel Cell Catalyst Demand Share, 2019-2026
12. Asia Pacific Hydrogen Fuel Cell Catalyst Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Application
12.4.1. Hydrocarbon Fuels Cell
12.4.2. Hydrogen-oxygen Fuel Cell
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Type
12.7.1. Platinum Type
12.7.2. Nickel Type
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydrogen Fuel Cell Catalyst Demand Share, 2019-2026
13. Middle East & Africa Hydrogen Fuel Cell Catalyst Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydrogen Fuel Cell Catalyst Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Application
13.4.1. Hydrocarbon Fuels Cell
13.4.2. Hydrogen-oxygen Fuel Cell
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydrogen Fuel Cell Catalyst Market Size and Volume Forecast by Type
13.7.1. Platinum Type
13.7.2. Nickel Type
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydrogen Fuel Cell Catalyst Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydrogen Fuel Cell Catalyst Market: Market Share Analysis
14.2. Hydrogen Fuel Cell Catalyst Distributors and Customers
14.3. Hydrogen Fuel Cell Catalyst Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tanaka
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Umicore
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Johnson Matthey
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nisshinbo Holdings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guangzhou Hongji Chuangneng
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SINO-PLATINUM METALS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vision Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Advanced Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sunrise Power
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wuhan Himalaya Optoelectronics Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
