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Membrane Electrode Assemblies MEA Market Size, Share and Global Trend By Type (3 Layer Membrane, 5 Layer Membrane, Others), By Application (Hydrogen Fuel Cell, Direct Methanol Fuel Cell, Electrolyser, Polymer Electrolyte Fuel Cell, Others) and Geography Forecast till 2026

Region : Global | Report ID: FBI101346 | Status : Ongoing

 

KEY MARKET INSIGHTS

A fuel cell converts diverse fuels directly into electricity without combustion, and they are a vital element in building competitive, secure, and sustainable clean energy economy. They offer a broad range of benefits such as reduced GHG emission, reduced oil consumption, highly efficient energy conversion, fuel flexibility, reduced air pollution, and highly reliable grid support.

One of the critical components of the fuel cell is the membrane electrode assembly, where the actual chemical reaction occurs. If the fuel cell technology is to evolve at a point where it can be commercially viable, the manufacturing cost of the MEA must be driven down. MEA is the heart of the fuel cell which contains the material necessary to facilitate electrochemical energy of fuel into electrical energy.

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It includes a polymer electrode with electrodes on either side. Anode side of the MEA reacts with catalyst separating protons and electrons. The protons pass through the cathode. Here they combine with oxygen, and with the help of catalyst produces water. The electrons which cannot pass through the membrane, flow from the fuel cell to be used as electrical energy.


The membrane electrode assemblies market is segmented into type and application. Type is further bifurcated into a 3-layer, 5-layer, and other membranes. A typical MEA is composed of polymer electrolyte membrane, two catalyst layers, and two gas diffusion layers which known as a 5-layer membrane.

The membrane has two essential functions in a fuel cell; the first is to separate the fuel and oxidant, and the second is the transport of anode to the cathode to complete the redox reaction. Hydrogen is abundantly available and emerging as a clean source of energy that would accelerate the demand for the hydrogen fuel cell.


The emphasize of international organization and government authorities to promote green technology is expected to raise the demand for a fuel cell for power generation. Consequently, automakers are accentuating for the alternative power vehicles such as hybrid cars, battery-powered electric vehicles, and fuel cell-powered vehicles are fuelling the demand for membrane electrode assemblies demand in the market.


Hydrogen is primarily used in a fuel cell which is highly flammable and difficult to store. As a result of this, the available infrastructure is not enough for the development of fuel cell, and extensive research and development is needed to reduce the cost of the catalyst, i.e. membrane electrode assemblies (MEA) is going to obstruct the growth of the membrane electrode assemblies market.


Key Players Covered


The crucial players in the membrane electrode assemblies are 3M, DuPont, W.L. Gore & Associates, Johnson Matthey, Ballard Power Systems, Greenerity GmbH, IRD Fuel Cells A/S, Giner, Inc., Danish Power Systems, HyPlat (Pty) Ltd, and Plug Power.


SEGMENTATION






















SEGMENTATION



 DETAILS



By Type



· 3 Layer Membrane


· 5 Layer Membrane


· Others



By Application



· Hydrogen Fuel Cell


· Direct Methanol Fuel Cell


· Electrolyser


· Polymer Electrolyte Fuel Cell


· Others



By Geography



· North America (the USA and Canada)


· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)


· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)


· Latin America (Brazil, Mexico and Rest of Latin America)


· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



 


Regional Analysis


The membrane electrode assemblies (MEA) market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The leading companies in the United States have pledged to use fuel cell in their internal electricity consumption. Processing and ICT industries are playing a significant role in uplifting the fuel cell consumption, which accelerates the growth of the membrane electrode assemblies market in North America. The automakers in Europe are collectively implementing EV research and development program on a large scale. Similarly, the rising concern about clean and renewable energy sources is expected to leverage the demand for membrane electrode assemblies market in Europe. The consumer electronics market in the Asia Pacific is rapidly growing owing to high demand from China and India. The massive consumption of electronic goods, rising demand for an electric vehicle, and policy framework to promote renewable energy is driving the membrane electrode assemblies market in the Asia Pacific. The big announcement by renowned automakers in MEA for mass implementation of hydrogen as a transport power. Since the global economic downturn, many countries are shifting towards developing a sustainable energy source that would add significant market growth for the development of membrane electrode assemblies market in MEA.


Key Industry Developments




  • In July 2019, The fuel cell research group at the environmental campus Birkenfeld received the largest private-sector research contract for the development of fuel cell technology for stationary application.
  • In May 2019, The city of Bristol signed a 20-year agreement with Doosan Fuel Cell America Inc., to establish a fuel cell for the water pollution control facility. The project will help to achieve renewable energy goals and cut cost by using fuel cell.
  • In September 2018, Plug Power announced that it will begin production of its membrane electrode assemblies (MEA’s) after gaining expertise from the acquisition of American Fuel Cell. The newly developed membrane electrode assemblies will double the power density of its graphite plate stack.

Membrane Electrode Assemblies MEA Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

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