Direct Methanol Fuel Cell Market - Top Companies and Manufacturers

  • Report ID: 5681
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Companies Dominating the Direct Methanol Fuel Cell Market

    • SFC Energy AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ballard Power Systems Inc.
    • Oorja Protonics Inc.
    • Horizon Fuel Cell Technologies
    • Meoh Power, Inc.
    • Bren-Tronics Incorporated
    • Treadstone Technologies Inc.
    • Viaspace Inc.
    • E. I. Du Pont De Nemours and Company
    • Ird Fuel Cell A/S
    • Johnson Matthey
    • Antig Technology Co. Ltd.
    • DuPont Fuel Cell
    • Polyfuel Inc
    • Blue World Technologies

Browse Key Market Insights with Data Illustration:

In the News

  • SFC Energy AG announced a partnership with Toyota Tsusho to extend direct methanol fuel cells and SFC hydrogen exclusive sales to Thailand, the Philippines, and Vietnam, and further develop the markets in China and Southeast Asia, with a target sales volume of more than EUR 90 million by 2025.
  • Ballard Power Systems Inc. partnered with NFI Group Inc. to concentrate on fuel cell-powered bus deployment levels for all of NFI's main brands to accelerate the shift to zero-emission transportation in response to the rising demand for fuel cell buses. 

Author Credits:  Dhruv Bhatia


  • Report ID: 5681
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of direct methanol fuel cell is evaluated at USD 3.63 billion.

The direct methanol fuel cell market size was valued at USD 3.25 billion in 2024 and is set to exceed USD 19.55 billion by 2037, expanding at over 14.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by increasing adoption of renewable energy sources across the globe.

Asia Pacific industry is likely to dominate majority revenue share of 35% by 2037, due to rising utilization of methanol in the region.

The major players in the market are Ballard Power Systems Inc., Oorja Protonics Inc., Horizon Fuel Cell Technologies, Meoh Power, Inc., Bren-Tronics Incorporated, Treadstone Technologies Inc., Viaspace Inc., E. I. Du Pont De Nemours and Company, Ird Fuel Cell A/S, Johnson Matthey, Antig Technology Co. Ltd., DuPont Fuel Cell, Polyfuel Inc, Blue World Technologies, and others.
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