Membrane Electrode Assemblies Market Size, Share, Growth Analysis, By Component(Membranes, Gas Diffusion Layers, Gaskets, Others), By Application(Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC), Electrolyzers, Others), By Region - Industry Forecast 2024-2031

Membrane Electrode Assemblies Market Driver

• A practical and essential technology for transforming energy systems to ones that are more efficient and emit less carbon dioxide is the use of fuel cells and electrolyzers. However, the accessibility of various resources and technologies has come close to enabling significant national contributions to the advancement of fuel cell technology. As a result, the government has funded a variety of collaborative technologies for research and development and demonstration projects through financing competitions. For instance, the National Hydrogen and Fuel Cell Technology Innovation Programme (NIP), a strategic alliance between the German government and the business sector, is the most important component of the German roadmap for fuel cells and provides a framework for further advancement in fuel cell technologies across a variety of applications.
• The dependence on fossil fuels as the major energy source is attributed to the car sector, which contributes to global emissions. Customers are more likely to embrace electric or zero-emission vehicles (ZEVs) than fuel cell electric cars due to rising zero-emission efforts, which are opening up new market prospects. Huge expenditures are being made by automakers to construct powerful, efficient automobiles, which opens up a lot of possibilities for fuel cell technology.

Membrane Electrode Assemblies Market Restraint

• The performance of the stack is correlated with the manufacturing of the MEA, a critical component of the fuel cell and electrolyzers where electrochemical processes take place. Defects in MEA manufacturing, such as increased interfacial resistance between catalyst layers or a fracture in the catalyst layer, are known to affect stack deterioration. In addition to the degradation problem, the high-cost issue remains a significant impediment for the industry.
• The MEA is humidified, which results in decreased conductivity, increased resistance in the membrane and catalyst layer, and chemical deterioration of the membrane. This type of degradation causes membrane thinning and decreased mechanical strength, which can lead to cell failure or performance loss and reduce product demand. Nevertheless, several studies have been conducted to develop defect detection in fuel cell technology.