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Molten Carbonate Fuel Cell (MCFC) Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

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Introduction

Molten carbonate fuel cells (MCFCs) uses biogas and natural gas as fuel and can be operated at high temperature. MCFC permits non-precious materials for using as catalyst on both cathode and anode leading to reduction in cost. Molten carbonate fuel cells are 50% to 60% effective at transforming fuel to electricity and it can be improved by seizing the leftover heat.

Market Dynamics

It provides low cost over phosphoric acid fuel cells. In addition, improved efficacy is also one of the major reasons for driving growth of this market. However, MCFC are less durable in nature when compared to other fuel cells, hence, this factor can restraint growth of this market. MCFC are easy to operate and low cost availability of these cells is highly expected to grow molten carbonate fuel cell market in near future.

Market Classification

The market can be bifurcated on the basis of product, end user and geography. By product, molten carbonate fuel cell (MCFC) market can be segmented into coal fuel, natural gas fuel and other. By end user, molten carbonate fuel cell (MCFC) market can be segmented into household thermoelectric system, distributed generation, power plant and other. On the basis of geography, the molten carbonate fuel cell (MCFC) market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Molten Carbonate Fuel Cell (MCFC) Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product, End User, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis,

Competitive Analysis, Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in molten carbonate fuel cell (MCFC) market include Johnson Controls, Fuel Cells Plc, Samsung Sdi, Fujikura Ltd, Hitachi Ltd., Dupont Fuel Cell, Cmr Sharp Corp, Sfc Power, Toshiba Corp, Ultracell Corp, and Polyfuel Inc among others.

Market Segmentation

Market By Product

Coal Fuel

Natural Gas Fuel

Other

Market By End User

Household Thermoelectric System

Distributed Generation

Power Plant

Other

Market By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa