Membrane Electrode Assemblies Market Scope
The Membrane Electrode Assembly (MEA) is the core component of a fuel cell that helps produce the electrochemical reaction needed to separate electrons. On the anode side of the MEA, a fuel (hydrogen, methanol, etc.) diffuses through the membrane and is met on the cathode end by an oxidant (oxygen or air) which bonds with the fuel and receives the electrons that were separated from the fuel. Catalysts on each side enable reactions and the membrane allows protons to pass through while keeping the gases separate. In this way, cell potential is maintained and current is drawn from the cell producing electricity.
The market study is being classified by Type (3-layer MEA, 5-layer MEA and Others), by Application (Electrolyzers, Polymer Electrolyte Fuel Cells, Hydrogen/Oxygen Air Fuel Cells, Direct Methanol Fuel Cells and Others) and major geographies with country level break-up.
The Manufacturers having a strong hold in the market are 3M, Chemours, W. L. Gore & Associates, Inc., and Johnson Matthey. Research Analyst at AMA predicts that United States and European Manufacturers will contribute to the maximum growth of Global Membrane Electrode Assemblies market throughout the predicted period.
3M (United States), Chemours (United States), W. L. Gore & Associates, Inc. (United States), Johnson Matthey (United Kingdom), Ballard Power Systems Inc. (Canada), Greenerity GmbH (Germany), IRD Fuel Cells (Denmark), Giner ELX (United States), HyPlat (South Africa) and Danish Power Systems (Denmark) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Membrane Electrode Assemblies market by Type, Application and Region.
On the basis of geography, the market of Membrane Electrode Assemblies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 18, September 2018, Plug Power Inc. has announced the production of its membrane electrode assemblies (MEAs). Leveraging the expertise gained through its acquisition of American Fuel Cell (AFC) technology in June 2018, Plug Power’s proprietary MEA is a key component of the newly designed ProGen metal plate stack.
- Adoption of Fuel Cell Technology for Operation is expected to reduce Electricity Utilizations
- Increase in Demand for fuel cell systems due to the rise in environmental concerns and stringent regulations
- Technological Advancements and an Increase in Demand for Membrane Electrode Assemblies from Emerging Economies
- High Cost of Catalyst Utilized in Membrane Electrode Assemblies
Key Target AudienceMembrane Electrode Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
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