GAS DIFFUSION LAYER MARKET ANALYSIS

Gas Diffusion Layer Market, By Type (Carbon Paper Type, Carbon Cloth Type, and Other (Metal Substrates)), By Application (Polymer Electrolyte Fuel Cells, Hydrogen /Oxygen Air Fuel Cells, Direct Methanol Fuel Cells, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Dec 2022
Code : CMI4819
Pages :110
Formats :
Excel and PDF
Industry : Energy

Regional Analysis

Geographies covered:

By Region: North America, Latin America, Europe, Asia Pacific, Middle East & Africa

Among regions, Asia Pacific held dominant position in the global gas diffusion layer market in 2021, accounting for 42.5% market share in terms of revenue, followed by North America and Europe. The market for gas diffusion layers has grown as a result of significant investments in fuel cell technology, especially in Japan and South Korea. Other countries such as Singapore, India, Indonesia, and Malaysia have started or are about to start exclusive fuel cell marketing programs in their respective local areas. These countries are now focusing on fuel cells for backup power (hospitals, educational institutions, and others). From 2020, India invested in fuel cell systems to supply backup power for telecommunication towers.

Figure 1. Global Gas Diffusion Layer Market Value Share (%), By Region, 2021