Lucintel's latest market report analyzed that polymer in fuel cell provides attractive opportunities in seal, membrane, and binder markets. The polymer in fuel cell market is expected to reach $XX billion by 2028 with a CAGR of 15% to 17%. In this market, fluoropolymer is the largest segment by product type. Growing use of chitosan biopolymer in the application of fuel cell technology and introduction of polymer electrolyte fuel cells provides strategic growth path in this market.
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Based on product type, the polymer in fuel cell market is segmented into fluoropolymer and others. The fluoropolymer segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its use as a substitute for the need for sustainable energy in fuel cells and energy harvesting.
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The Polymer in Fuel Cell Market is marked by the presence of several big and small players. Some of the prominent players offering polymer in fuel cell include Chemours, 3M, Saingobain, AGC, and Arkema.
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