Direct Methanol Fuel Cell Market Outlook:
Direct Methanol Fuel Cell Market size is to be valued at USD 1.28 billion in 2025 and is expected to grow to USD 8.23 billion by 2036, registering a CAGR of 19.22% during the forecast period, i.e., 2026-2036. In 2026, the industry size of direct methanol fuel cell is estimated at USD 1.52 billion.
The growth of the direct methanol fuel cell market is driven by the increasing sustainability measures by the government and the innovation in the catalyst and membrane manufacturing. DMFC uses methanol to power the medical devices, laptops, and mobile phones because of the ease of carriage. The demand from the military is further amplifying the growth of the market, as they use remote monitoring devices and other components that require the use of DMFC in their components. Many countries across the globe have enhanced their emission norms, where the aim is to reduce carbon emissions and achieve net zero. Countries like Finland have aimed to neutralize carbon by 2035 as part of their sustainability measure. Methanol is highly compatible with nature and, unlike other alternatives, it burns cleaner and causes less pollution. Methanol is also used as a fuel in ships, thereby reducing pollution levels and operational costs.
