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Proton Exchange Membranes (PEM), Global Market Size Forecast, Top 17 Players Rank and Market Share | |
Proton Exchange Membranes (PEM) is an important component used in solid polymer electrolyte fuel cells (Proton Exchange Membrane Fuel Cell, referred to as PEMFC). PEMFC is an efficient and clean energy technology widely used in transportation, household power systems and portable equipment. PEM is a type of electrolyte, usually a polymer membrane containing acidic functional groups. It has high electrical conductivity, high proton conductivity and chemical stability, while possessing sufficient mechanical strength and durability to perform well in fuel cells. In PEMFC, the proton exchange membrane plays a key role. It allows protons to be transferred between the anode and the cathode, prompting the oxidation reaction of hydrogen molecules on the anode to generate current and water. This electrochemical process makes PEMFC a clean and efficient energy conversion technology. According to the new market research report “Global Proton Exchange Membranes (PEM) Market Report 2023-2029”, published by QYResearch, the global Proton Exchange Membranes (PEM) market size is projected to reach USD 3.07 billion by 2029, at a CAGR of 12.5% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Proton Exchange Membranes (PEM) include Gore, Chemours, Asahi Kasei, AGC, Dongyue Group, Solvay, Plug Power, Ballard Power Systems, BASF, DuPont, etc. In 2022, the global top five players had a share approximately 61.0% in terms of revenue. Market Drivers: 1. Increased environmental awareness: With increasing concerns about environmental issues and deepening understanding of climate change, people's demand for clean energy continues to increase. As a technology that can efficiently utilize clean energy such as hydrogen, PEM has great potential for development. 2. Energy security: Concerns about dependence on traditional fuels and the security of global energy supplies have prompted the search for alternative energy technologies. 3. Policy support: Environmental protection policies, energy policies, and funding and subsidies for new energy technologies formulated by government departments have played an important role in promoting the development of fuel cell technology. These policy measures usually include reducing carbon emissions, promoting the application of clean energy technologies, and improving energy efficiency. 4. Technological progress: With the continuous progress in materials science, nanotechnology, electrochemistry and other fields, the performance of PEM continues to improve and the cost continues to decrease.These technological advances provide the basis for the commercialization and large-scale application of fuel cell technology. Restraint: 1. PEM needs to work under a certain temperature and humidity, but too much or too little moisture will adversely affect its performance.Therefore, moisture management has become a challenge in PEM fuel cell systems, and a properly designed moisture management system is required to ensure membrane stability and performance. 2. PEM fuel cells require high-purity hydrogen as fuel, and the production, storage, and transportation of hydrogen face technical and safety challenges.The current hydrogen infrastructure construction is relatively lagging behind, which limits the promotion and application of fuel cell technology. 3.The membrane material of PEM is prone to degradation under high temperature, high humidity and electrochemical environment, resulting in reduced performance of the fuel cell system.Therefore, improving the stability and durability of membrane materials and extending the service life of fuel cell systems is an important challenge. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : 15 April 2024 7:12 AM Number of Views: 12 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-04-17 (0.583 sec)