Membrane Electrode Assemblies (MEA) Market Growth 2019-2024
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.
In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Membrane Electrode Assemblies will have great increase range; the developing countries will be high growth rate market.
According to this study, over the next five years the Membrane Electrode Assemblies MEA market will register a 18.4% CAGR in terms of revenue, the global market size will reach US$ 680 million by 2024, from US$ 290 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Membrane Electrode Assemblies MEA business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Membrane Electrode Assemblies MEA market by product type, application, key manufacturers and key regions and countries.
This study considers the Membrane Electrode Assemblies MEA value and volume generated from the sales of the following segments:
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Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
· 3layer MEA
· 5layer MEA
· Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
· Hydrogen Fuel Cells
· Methanol Fuel Cells
· Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
· Americas
· United States
· Canada
· Mexico
· Brazil
· APAC
· China
· Japan
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report: Breakdown data in in Chapter 3.
· 3M
· Chemours Dupont
· Gore
· Johnson Matthey
· Ballard
· Greenerity
· Wuhan WUT
· IRD Fuel Cells
· Giner
· HyPlat
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
· To study and analyze the global Membrane Electrode Assemblies MEA consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
· To understand the structure of Membrane Electrode Assemblies MEA market by identifying its various subsegments.
· Focuses on the key global Membrane Electrode Assemblies MEA manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
· To analyze the Membrane Electrode Assemblies MEA with respect to individual growth trends, future prospects, and their contribution to the total market.
· To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.
· To project the consumption of Membrane Electrode Assemblies MEA submarkets, with respect to key regions along with their respective key countries.
· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehe
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