Overview of Global Fuel Cell Membranes Market:
The report spread across number of pages is an overview of the Global Fuel Cell Membranes Market Report 2020. The Global Fuel Cell Membranes Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The thorough analysis in this report enables investors, CEOs, traders and suppliers to understand the market in a better way and based on that knowledge make well-informed decisions.
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Growing demand for clean energy generation and reliance on fuel cell-based public transportation systems in developed regions is driving market growth. Moreover, advantages offered by PEMFC, such as high efficiency, low operational cost, quick maintenance, and enhanced reliability and operability are likely to drive the demand for PEMFC during the forecast period.
Product Type Segmentation:
The Fuel Cell Membranes market have different product type such as Perfluorosulfonic Acid Membranes and Others (Composite PEM, etc.) Trucks and other heavy vehicles have become the most significant sector for PEM fuel cells during 2018. Also, the marine sector is expected to witness the adoption of PEM fuel in the coming years for supplying power to hotel operations during docking and for other purpose, mainly due to IMO’s emission regulations on the marine sector. PEM based fuel cells as replacements for internal combustion engines in light-duty vehicles and warehouse forklifts to increase vehicle efficiency and support the goals of reducing oil used and in turn, emissions from the transportation sector.
Industry Segmentation:
There has been a global increase in the demand of Stationary, Transportation and Portable Industry. The transport industry has a high adoption rate of fuel cells due to the increasing demand for eco-friendly vehicles. Increase in globalization has escalated the demand for stationary fuel cells in buildings, schools, and recreation malls. Increasing adoption of fuel cells in portable devices such as smartphones, tablet/PCs, and as power backup batteries are expected to rise and are identified as one of the lucrative target segment for investment.
Segmentation by Regions:
The Fuel Cell Membranes market has rapidly grown in Asia Pacific, North America, Europe and rest of the World. Asia Pacific is estimated to be the largest market and is expected to see a high demand for advances in Fuel Cell Membranes technology due to the growing use of fuel cell-powered vehicles in the region. The increasing power generation from cleaner energy sources is further expected to boost the advances in fuel cell technology market in the region.
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Top Leading Key Manufacturers are: Dupont, 3M, Gore, Solvay, BWT Group, AKC, BASF, Oceanit, Wuhan, Dongyue. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Top Industry News:
1 Gore: Archbishop Emeritus Tutu and former US Vice President Gore re-affirm support for fossil fuel divestment and investment in renewable energy- January 2020, Corporations, governments and institutions that continue to invest in fossil fuels despite all the evidence of their effect on accelerating climate change are furthering environmental, economic and social injustice, Archbishop Emeritus Desmond Tutu and former US Vice President Al Gore agreed at a meeting facilitated by the Desmond & Leah Tutu Legacy Foundation in the city today.
Fossil fuels drove northern hemisphere industrialization and development, but it was relatively poorer southern hemisphere nations that could least afford to mitigate the impacts of climate change and would bear the highest costs, Archbishop Tutu and former Vice President Gore said.
They called on those who remained invested in fossil fuels to urgently commit to clear and actionable plans to shift their investments to renewable sources of energy. Investing in renewable energy systems and research would provide the necessary impetus to drive down costs and increase demand for clean energy.
2 DuPont: To Expand Global Capacity of Nomex Paper: February 2020, DuPont, makers of Nomex, announced that it will significantly expand in global capacity for DuPont Nomex paper. This investment directly supports our continued commitment of increasing and sustaining reliability of supply to better meet the growing needs of the aerospace, automotive and electrical infrastructure markets.
“Nomex delivers unparalleled protection to millions of people and critical processes around the world and empowering endless possibilities,” said John Richard, Global Vice President and General Manager, DuPont Safety & Construction. “DuPont is committed to creating sustainable innovations to help our customers and the world thrives. Increasing our global supply to address the growing market is just one example of how we are delivering on our commitments.”
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This report answers to the below key questions:
1 What will the market size be in 2024?
2 What are the key factors driving the Global Fuel Cell Membranes Market?
3 What are the challenges to market growth?
4 Who are the key players in the Fuel Cell Membranes Market?
5 What are the market opportunities and threats faced by the key players?
Major Points in Table of Contents:
Global Fuel Cell Membranes Market Report 2019
1 Fuel Cell Membranes Product Definition
2 Global Fuel Cell Membranes Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Fuel Cell Membranes Shipments
2.2 Global Manufacturer Fuel Cell Membranes Business Revenue
2.3 Global Fuel Cell Membranes Market Overview
3 Manufacturer Fuel Cell Membranes Business Introduction
3.1 Dupont (Chemours) Fuel Cell Membranes Business Introduction
3.1.1 Dupont (Chemours) Fuel Cell Membranes Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Dupont (Chemours) Fuel Cell Membranes Business Distribution by Region
3.1.3 Dupont (Chemours) Interview Record
3.1.4 Dupont (Chemours) Fuel Cell Membranes Business Profile
3.1.5 Dupont (Chemours) Fuel Cell Membranes Product Specification
3.2 3M Fuel Cell Membranes Business Introduction
3.2.1 3M Fuel Cell Membranes Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 3M Fuel Cell Membranes Business Distribution by Region
3.2.3 Interview Record
3.2.4 3M Fuel Cell Membranes Business Overview
3.2.5 3M Fuel Cell Membranes Product Specification
3.3 Gore Fuel Cell Membranes Business Introduction
3.3.1 Gore Fuel Cell Membranes Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Gore Fuel Cell Membranes Business Distribution by Region
3.3.3 Interview Record
3.3.4 Gore Fuel Cell Membranes Business Overview
3.3.5 Gore Fuel Cell Membranes Product Specification
3.4 Solvay Fuel Cell Membranes Business Introduction
3.5 BWT Group Fuel Cell Membranes Business Introduction
3.6 AKC Fuel Cell Membranes Business Introduction
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