The major players in the advanced batteries and fuel cell materials market include Exide Technologies, Eco-Bat Technologies, Doe-Run Technologies, BASF SE, Cabot Corporation, Eramet SA, Hammond Group Inc., Hollingsworth & Vose Company.
Growing demand for portable devices and equipment and the need for cleaner energy storage materials are the drivers impacting the growth of advanced batteries and fuel cell materials market. The rapidly developing markets like stationary power supply, military equipment, uninterruptible power systems, and electric vehicles will further propel this market’s growth. Enhanced research to address battery life, reliability, recyclability, safety, energy & power density of these storage devices will be a market booster. The main constraints hampering this market’s growth are lack of infrastructure and higher cost involved in the manufacture of these advanced batteries and fuel cells.
The entire advanced batteries and fuel cell materials market has been sub-categorized into type and applications. demand for advanced batteries and fuel cell materials market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
By Type
- Metals
- Ceramics
- Polymers
- Carbon/Graphite
- Chemicals
By Applications
- Solid Oxide
- Proton Exchange Membrane
- Molten Carbonate
- Phosphoric Acid
- Direct Methanol
- Others
Source: https://www.valuemarketresearch.com/report/advanced-batteries-and-fuel-cell-materials-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.