Direct Methanol Fuel Cell Market Analysis

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

Direct Methanol Fuel Cell Market Analysis

Application (Portable, Stationary, Transportation)

In direct methanol fuel cell market, portable segment is poised to dominate over 64% share by 2037. Owing to its suitable properties for portable devices, the direct methanol fuel cell is currently the main focus of fuel cell development for portable applications to be used as power sources for portable devices such as laptops and mobile phones.

Currently, a system for portable applications is being developed using direct methanol fuel cell technology to supply the necessary electricity for portable devices such as laptops, eliminating the need to plug the device into the electrical grid to recharge.

Component (Bipolar Plates, Membranes, Catalysts, Current Collectors)

In terms of component segmentation, the bipolar plates segment in the direct methanol fuel cell market is expected to grow significantly till 2037. Typically, a DMFC is made up of bipolar plates, which are used to enhance compressive strength, and are offered to encourage fuel supply, enhance fuel dispersibility, expand the reaction area between fuel and the catalytic layer, and ultimately enhance fuel cell performance.

Moreover, the anode and cathode flow fields on the bipolar plates are grooved, and they play a crucial role in the stability & performance of the cell stack.

Our in-depth analysis of the global direct methanol fuel cell market includes the following segments:

     Component

  • Bipolar Plates
  • Membranes
  • Catalysts
  • Current Collectors

     Application

  • Portable
  • Stationary
  • Transportation

     Type

  • Serpentine Flow Field Design
  • Parallel Flow Field Design
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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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