Global Market Insights, Inc. has released a new research study on Fuel Cell Electrolyte Market Analysis 2018-2023 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timeframe. The report also outlines the competitive framework of the industry detailing the SWOT analysis and market share dominance of the prominent players.
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The global fuel cell electrolyte market can be segregated into proton-conducting membrane, caustic potash solution, concentrated phosphoric acid, molten carbonate and ceramic. Proton-conducting membrane electrolyte is essentially used in direct methanol fuel cell (DMFC) and polymer electrolyte membrane (PEM) fuel cells. Proliferating application of these fuel cells in vehicles, small appliances, block-type heat, small generators, block type heat and power stations are anticipated to drive the industry demand.
Alkali fuel cells are likely to be the most updated, efficient and affordable technology. This can be segregated into static electrolytes and flowing electrolytes. Increasing demand of these fuel cells is estimated to boost caustic potash electrolyte market growth over the forecast period. In addition, high conductivity along with capability to operate at lower temperature offered by these cells is projected to boost the industry demand.
Fuel cells are expected to gain its significance in variety of applications such as military, portable products, transport, aircrafts and generators among others over the several forth coming years. Conversely, high operating temperatures of these cells might hamper the industry demand. Molten carbonate electrolyte is mainly used in fuel cell kits having high as much as 300 KV to 2.8 MV energy production capacities. Polymer electrolyte membrane fuel cells utilize water-based acidic polymer membrane as an electrolyte, to perform the operation. These cells offer high power density and occupy fewer volumes.
Asia Pacific and North America fuel cell electrolyte market is anticipated to exhibit high growth rate owing to growing demand for material handling and large scale applications. Japan fuel cell electrolyte market is likely to experience significant surge due to proliferating implementations in residential applications over the forecast period.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Fuel Cell Energy
- SOFC Power
- Ultra Electronics Ami
- Aisin Seiki
- Watt Fuel Cell
- ACAL Energy
- Danthem Power
- Symbio FCell
- Baxi Innotech
- Oorja Protonics
- Ceres Power Holdings
Browse Full Report: https://www.gminsights.com/industry-analysis/fuel-cell-electrolyte-market
Key industry participants occupying major fuel cell electrolyte market share include Fuel Cell Energy, SOFC Power, Novofuel, Ultra Electronics Ami, Delphi, Aisin Seiki, Hexis, Aquafairy , Watt Fuel Cell, ACAL Energy, Danthem Power, Symbio FCell, Baxi Innotech, Oorja Protonics, Ceres Power Holdings, EnergyOr, H2 Logic, Infinitium Fuel Cell Systems, Acumentrics, Ceramic Fuel Cells, Intelligent Energy, Electro Power Systems and Protonex Technology among others.