Fortune Business Insights provides a detailed evaluation of the global Fuel Cell Gas Diffusion Layer market by analyzing the factors driving the market. Besides this, it also discusses some of the economic trends prevailing in the energy and power industry. These trends are analyzed in the report to see an overall impact on the global market.
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The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant role on conducting awareness programs about clean energy. Fortune Business Insights in a report, titled “Fuel Cell Gas Diffusion Layer Market Size, Share and Global Trend By Product Type (Carbon Paper, Carbon Cloth, Others), By Application (Polymer Electrolyte Fuel Cell, Direct Methanol Fuel Cell, Others) and Geography Forecast till 2027” published the above information.
Top Players Overview:
- Toray Industries Inc.
- The Chemours Company
- Mitsubishi Chemical Corporation
- Horizon Fuel Cell Technologies
- Ballard Power Systems
- SGL Group
- NuVant Systems Inc.
- AvCarb Material Solutions
- CAPLINQ Corporation
- Freudenberg Performance Materials
- Gerard Daniel Worldwide Inc.
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Increasing use of smart grids and smart metering are likely to help for the better management of power services. Better infrastructural facilities are also expected to encourage growth in the market.
The increased spending on oil and gas across the world is another factor likely to drive the Fuel Cell Gas Diffusion Layer Market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fueling demand for energy and which is expected to drive the Fuel Cell Gas Diffusion Layer Market.
Key Segmental Overview:
1. By Product Type
- Carbon Paper
- Carbon Cloth
2. By Application
- Polymer Electrolyte Fuel Cell
- Direct Methanol Fuel Cell
3. By Geography
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive competition and maintain their stronghold.
Key Industry Developments
- In August 2019, Department of Energy (DoE) of U.S. has awarded a grant of worth D1.7 million to Nikola Motor Company to carry out advanced research in fuel cell membrane electrode assembly (MEA).
- In April 2018, A supply contract has been signed by SGL group to deliver its Sigracet gas diffusion layer to Hyundai Motor Company for its new Nexo Model. The company is focussing on growing its production capacity to highlight the growing market of fuel cell cars.
Key Market Driver – Massive investment and shifting trends towards clean energy source
Key Market Restraint – Technological challenges and high cost of extracting hydrogen
Major Table of Content For Fuel Cell Gas Diffusion Layer Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Fuel Cell Gas Diffusion Layer Market Analysis, Insights and Forecast, 2027
- North America Fuel Cell Gas Diffusion Layer Market Analysis, Insights and Forecast, 2027
- Europe Fuel Cell Gas Diffusion Layer Market Analysis, Insights and Forecast, 2027
- Asia Pacific Fuel Cell Gas Diffusion Layer Market Analysis, Insights and Forecast, 2027
- Middle East and Africa Fuel Cell Gas Diffusion Layer Market Analysis, Insights and Forecast, 2027
- Latin America Fuel Cell Gas Diffusion Layer Market Analysis, Insights and Forecast, 2027
- Competitive Landscape
- Company Profile
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An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
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