Direct Methanol Fuel Cell Market - Top Companies and Manufacturers

  • Report ID: 5681
  • Published Date: May 06, 2024
  • Report Format: PDF, PPT

Companies Dominating the Direct Methanol Fuel Cell Market

    • SFC Energy AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ballard Power Systems Inc.
    • Oorja Protonics Inc.
    • Horizon Fuel Cell Technologies
    • Meoh Power, Inc.
    • Bren-Tronics Incorporated
    • Treadstone Technologies Inc.
    • Viaspace Inc.
    • E. I. Du Pont De Nemours and Company
    • Ird Fuel Cell A/S
    • Johnson Matthey
    • Antig Technology Co. Ltd.
    • DuPont Fuel Cell
    • Polyfuel Inc
    • Blue World Technologies

Browse Key Market Insights with Data Illustration:

In the News

  • SFC Energy AG announced a partnership with Toyota Tsusho to extend direct methanol fuel cells and SFC hydrogen exclusive sales to Thailand, the Philippines, and Vietnam, and further develop the markets in China and Southeast Asia, with a target sales volume of more than EUR 90 million by 2025.
  • Ballard Power Systems Inc. partnered with NFI Group Inc. to concentrate on fuel cell-powered bus deployment levels for all of NFI's main brands to accelerate the shift to zero-emission transportation in response to the rising demand for fuel cell buses. 

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5681
  • Published Date: May 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of direct methanol fuel cells was over USD 3 billion.

The market size for direct methanol fuel cells is projected to cross USD 9 billion by the end of 2036 expanding at a CAGR of 15% during the forecast period i.e., between 2024-2036.

The major players in the market are Ballard Power Systems Inc., Oorja Protonics Inc., Horizon Fuel Cell Technologies, Meoh Power, Inc., Bren-Tronics Incorporated, Treadstone Technologies Inc., Viaspace Inc., E. I. Du Pont De Nemours and Company, Ird Fuel Cell A/S, Johnson Matthey, Antig Technology Co. Ltd., DuPont Fuel Cell, Polyfuel Inc, Blue World Technologies, and others.

In terms of application, the portable segment is anticipated to account for the largest market share of 64% during 2024-2036.

The Asia Pacific direct methanol fuel cell sector is poised to hold the highest share of 35% by 2036.
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