Phosphoric Acid Fuel Cell (PAFC) Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC839

Introduction

Phosphoric acid fuel cells (PAFCs) are the first economical fuel cells appropriate for stationary applications. PAFCs catalyst is formed by using platinum and uses liquefied phosphoric acid as electrolyte. These fuel cells are 40% to 50% effective and proficiency can be improved. The usual life cycles of PAFCs are around 40,000hr to 65,000hr. It can function by using renewable energy, variety of fuels and fossil fuels. They are considered as the most mature fuel cell categories and first group of modern fuel cells.

Market Dynamics

Fuel cells permit more KWH storing than batteries of similar weight, hence, more inclination towards PAFCs are seen over batteries. However, expensive cost for early manufacturing may restraint the growth of PAFCs market. Increase in investment from companies and governments towards this commerce are expected to boost growth of this market in near future.

Market Classification

The market can be bifurcated on the basis of product, end user and geography. By product, phosphoric acid fuel cell (PAFC) market can be segmented into hydrogen fuel, alcohol fuel and other. By end user, phosphoric acid fuel cell (PAFC) market can be segmented intopower plant, large vehicles and other. On the basis of geography, the phosphoric acid fuel cell (PAFC) marketcan be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Phosphoric Acid Fuel Cell (PAFC) 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 inphosphoric acid fuel cell (PAFC) market include Johnson Controls, Hitachi Ltd, Bloom Energy, Dupont Fuel Cell, Panasonic Corp, Aptiv PLC, Ballard Power Systems Inc., SFC Energy AG, Samsung Sdi Co Ltd, and GS Yuasa Corp. among others.

Market Segmentation

Market By Product

  • Hydrogen Fuel
  • Alcohol Fuel
  • Other Delphi

Market By End User

  • Power Plant
  • Large Vehicles
  • Other

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 


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