Direct Methanol Fuel Cell (DMFC) Market Research Report - Global Forecast till 2030

Direct Methanol Fuel Cell Market Research Report Information by Component (bipolar plates, current collectors, catalysts, and membranes), Type (Serpentine Flow Field Design and Parallel Flow Field Design), Application (Portable, Stationary and Transportation), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“ Market Forecast Till 2030.

ID: MRFR/E&P/5651-CR | 155 Pages | Author: Priya Nagrale | October 2020         

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Global Direct Methanol Fuel Cell Market Overview:


Direct Methanol Fuel Cell Market Size was valued at USD 2.1 Billion in 2021. The Direct Methanol Fuel Cell market industry is projected to grow from USD 2.54 Billion in 2022 to USD 6.88 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 13.26% during the forecast period (2022 - 2030). The DMFC units are a feasible option compared to other fuel sources, such as batteries and diesel-controlled motors. While DMFCs can be refueled inside the space of minutes, batteries require hours to re-energize. Supplanting batteries with DMFCs would likewise kill the requirement for a battery charging foundation inside the office. The DMFC is a step-by-step swapping of batteries for material taking care of uses in forklift trucks. Expanding mindfulness about clean energy and interest for zero outflow fuel sources drives the interest in the Direct Methanol Fuel Cell Market share.  


Global Direct Methanol Fuel Cell Market


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Direct Methanol Fuel Cell Market Trends




  • Durability of Direct Methanol Fuel Cell Likely to boost market growth




Like other fuel cells, DMFCs operate without any parts, resulting in quiet operation compared to combustion engines or gas turbine engines. Additionally, there is hardly any mechanical friction due to the fewer moving parts, resulting in reduced wear & tear and low maintenance. The lower maintenance of technology results in applications downtime and operating cost, in the long run, resulting in more saving of money, which has aroused the strong interest of users in adopting the fuel cells. Furthermore, this fuel cells can also be combined with other power generators, and are continuously gaining importance. For context, the DMFCs has been easily combined with power generators like solar panels, filling the gap of power generation during the darkness or low sunshine. Thereby increasing its adoption across renewable energy sources.


Additionally, DMFCs use methanol as a fuel that is denser and possesses a high density of energy compared to hydrogen gas, due to which it provides much better service. Additionally, methanol as liquid fuel is available in ample amounts and fuel cartages of various filling sizes so users or customers can get the right amount of them as per their requirements. Furthermore, the compact design of DMFC makes it smaller in size and weight, due to which they are easy to transport and can be safely taken anywhere.


Direct Methanol Fuel Cell Market Segment Insights:


Direct Methanol Fuel Cell Component Insights


The Direct Methanol Fuel Cell market segmentation, based on Component, includes bipolar plates, current collectors, catalysts, and membranes. The bipolar players account for the dominating direct methanol fuel cell market share. The bipolar plates are the key component in the system as they conduct current between the cell and facilitate the management of water and thermal through the cell. Additionally, the bipolar plates enhance the mass transport of higher current densities due to their low field patterns. The catalyst is one of the important elements in a fuel cell as it influences the total system cost on large-scale production. The scale-up of catalyst production can reduce the amount of waste material and improve the yield of the process with environmental and cost benefits. Another major component, such as membrane, also determines the cost of the fuel cell stack. The membrane component is used for surface treatments. Rising research efforts on membrane components for the fuel cell to improve the membranes, particularly with lower thickness and lower PFSA ratio than the present ones, are anticipated to hold a significant size, share during the forecast period.


Direct Methanol Fuel Cell Application Insights


Based on Application, the Direct Methanol Fuel Cell market segmentation includes Portable, Stationary and Transportation. DMFCs are the most feasible option in portable applications due to their high energy density, lightweight, compactness, simplicity, and easy and fast recharging. Additionally, the superior energy density of these fuel cells compared to rechargeable batteries translates to more conversation time & support consumer demand which also adds an advantage. Other advantages like potential refueling also place a significantly important development in the portable electronic devices market.


The transport application segment is majorly under the development stage. As menthol/DMFC can work at a lower temperature, it is feasible to store liquid on board, which acts as an important parameter for long-run transportation. Thereby, the transportation segment will be growing at a CAGR of 15.3% during the 2021 to 2028 period. Additionally, this is also used in stationary applications to efficiently produce electricity and applied to residential, commercial, and industrial sectors.


Figure 2: Direct Methanol Fuel Cell Market, by Distribution Channels, 2021 & 2030 (USD Billion)


Direct Methanol Fuel Cell Market, by Distribution Channels, 2021 & 2030 (USD Billion)


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Direct Methanol Fuel Cell Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific accounted for the major share of total shipments of the fuel cell. However, since these fuel cells are much costlier than other fuel cells, it is expected that countries across North America and Europe will have a larger acceptance and share of the market.


Figure 3: Direct Methanol Fuel Cell Market Share By Region 2021 (%)


DIRECT METHANOL FUEL CELL MARKET SHARE BY REGION 2021 (%)


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


in North America, U.S. and Canada are playing an important role in the development of fuel cell technologies and continue to focus on their research & development programs which act as a significant factor in augmenting the direct methanol fuel cell market growth across the North American region.


The rising adoption of clean energy sources has created attractive opportunities for the market across the European region. For context, On April 08, 2021, SFC Energy AG one of the leading manufacturers of direct methanol fuel cells has joined the European Clean Hydrogen Alliance intending to validate various opportunities and measures to decarbonize the EU economy.


Direct Methanol Fuel Cell Key Market Players & Competitive Insights


Major market players are spending a lot of money on R&D to increase their product lines, which will help the Direct Methanol Fuel Cell market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Direct Methanol Fuel Cell industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.


The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Direct Methanol Fuel Cell. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Direct Methanol Fuel Cell industry must offer affordable products.


Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Direct Methanol Fuel Cell industry to benefit customers and expand the market sector. The Direct Methanol Fuel Cell market has recently given medicine some of the most important advantages. Major hair care product market players, including Blue World Technologies (Denmark), Oorja Photonics Inc., (U.S.), Meoh Power (U.S.), Viaspace (U.S.), Roland Gumpert (Germany), and others are attempting to increase market demand by funding R&D initiatives.


Blue World Technologies is an ambitious and visionary developer and manufacturer of HT-PEM fuel cell components and systems for stationery and APU applications and the automotive and heavy-duty transportation sectors around the world. The fuel cells act as a green alternative to combustion engines and diesel generators. As a part of the Power-to-X eco-system the methanol fuel cell technology contributes to solving parts of the green transition which cannot be solved by direct electrification and battery technology alone. Blue World Technologies’ fuel cells run primarily on methanol – a renewable liquid fuel that simply and cost-effectively can be stored for years and transported around the world while reusing existing infrastructure.


Also, VIASPACE Inc. announced that Samsung Corp. has revealed its new military-grade fuel cell powered by a methanol fuel cartridge developed and delivered by VIASPACE. Samsung also revealed that it has completed fuel cell performance tests for 72 hour operation with the U.S. Army’s CERDEC (Communication Electronics Research and Development Engineering Center). Plans for mass production include fuel cells not only for military applications but expanding the platform to include mobile electronics, like notebook computers, and industrial equipment.


Key Companies in the Direct Methanol Fuel Cell market includes



  • SFS Energy AG (Germany)

  • Blue World Technologies (Denmark)

  • Oorja Photonics Inc., (U.S.)

  • Meoh Power (U.S.)

  • Viaspace (U.S.)

  • Roland Gumpert (Germany)

  • Fujikura Limited (Japan)

  • Antig Technology (Taiwan)

  • Treadstone Technologies (U.S.)

  • Horizon Fuel Cell Technologies (Singapore)


Direct Methanol Fuel Cell Industry Developments


October 2021 - Blue World Technologies has entered into a strategic alliance with DEUTZ AG. The alliance will allow Blue World Technologies to access its direct methanol fuel cell market through DEUTZ’s sales and service network.


September 2021 - SFC Energy AG’s EFOY fuel cell has supported team Wickipartners Ballonteam. The company has supplied its fuel cells for various electronic devices and communications devices to establish easy communication between the pilots of balloons to avoid any distraction.


Direct Methanol Fuel Cell Market Segmentation


Direct Methanol Fuel Cell Component Outlook



  • bipolar plates

  • current collectors

  • catalysts

  • membranes


Direct Methanol Fuel Cell Application Outlook



  • Portable

  • Stationary

  • Transportation


Direct Methanol Fuel Cell Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America





Report Scope:

Report Attribute/Metric Details
Market Size 2021 USD 2.1 Billion
Market Size 2022 USD 2.54 Billion
Market Size 2030 USD 6.88 Billion
Compound Annual Growth Rate (CAGR) 13.26% (2022-2030)
Base Year 2021
Market Forecast Period 2022-2030
Historical Data 2018 & 2020
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Component, Application and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled SFS Energy AG, Blue World Technologies, Oorja Photonics Inc., Meoh Power, Viaspace, Roland Gumpert, Fujikura Limited, Antig Technology (Taiwan), Treadstone Technologies, and Horizon Fuel Cell Technologies
Key Market Opportunities Taking an increasing at the progressing advancement
Key Market Dynamics Government activities and awards for fuel cell device research


Frequently Asked Questions (FAQ) :

The Direct Methanol Fuel Cell market size was valued at USD 2.1 Billion in 2021.

The market is projected to grow at a CAGR of 13.26% during the forecast period, 2022-2030.

Asia Pacific had the largest share in the Direct Methanol Fuel Cell market.

The key players in the market are SFS Energy AG, Blue World Technologies, Oorja Photonics Inc., Meoh Power, Viaspace, Roland Gumpert, Fujikura Limited, Antig Technology (Taiwan), Treadstone Technologies, and Horizon Fuel Cell Technologies.

The bipolar plates category dominated the market in 2021.

The Portable based had the largest share in the market for Direct Methanol Fuel Cell.

Key Questions Answered

  • ✅ Global Market Outlook
  • ✅ In-depth analysis of global and regional trends
  • ✅ Analyze and identify the major players in the market, their market share, key developments, etc.
  • ✅ To understand the capability of the major players based on products offered, financials, and strategies.
  • ✅ Identify disrupting products, companies, and trends.
  • ✅ To identify opportunities in the market.
  • ✅ Analyze the key challenges in the market.
  • ✅ Analyze the regional penetration of players, products, and services in the market.
  • ✅ Comparison of major playersโ€™ financial performance.
  • ✅ Evaluate strategies adopted by major players.
  • ✅ Recommendations
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