Abstract, Snapshot, Market Analysis & Market Definition: Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market
The vanadium redox battery (VRB) (or Vanadium flow battery) is a type of rechargeable flow battery that employs vanadium ions in different oxidation states to store chemical potential energy. The vanadium redox battery exploits the ability of vanadium to exist in solution in four different oxidation states, and uses this property to make a battery that has just one electroactive element instead of two. As the schematic shown in Fig, a vanadium redox-flow battery has two chambers, a positive chamber and a negative chamber, separated by an ion-exchange membrane. These two chambers are circulated with electrolytes containing active species of vanadium in different valence states, VO2+/VO2+ in the positive electrolyte and V2+/V3+ in the negative electrolyte. During discharge process, VO2+ is reduced to VO2+ at the positive electrode and V2+ is oxidized to V3+ at the negative electrode, as shown in Equation(1) and (2). The reactions proceed in the opposite direction during charge process. The active species are normally dissolved in a strong acid, and the protons transport across the ion-exchange membrane to balance the charge. In our report, we cover the ion exchange membrane of all-vanadium redox flow battery. Commercial ion-exchange membranes should have high proton conductivity, good selectivity, and especially low cost. At present, ion-exchange membrane prices are still too high. This affects the installed capacity of vanadium redox flow battery.
In 2019, the market size of Ion Exchange Membrane of All-Vanadium Redox Flow Battery is 12 million US$ and it will reach 39 million US$ in 2025, growing at a CAGR of 19. 0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ion Exchange Membrane of All-Vanadium Redox Flow Battery. This report studies the global market size of Ion Exchange Membrane of All-Vanadium Redox Flow Battery, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Ion Exchange Membrane of All-Vanadium Redox Flow Battery production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Full-fluorinion Ion Exchange Membrane
Non-fluorinion Ion Exchange Membrane
Others
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Renewable Power Supply
Industrial Grid (Excluding Renewable Power) Adjustment and Management
Key Players, Recent Developments & Sector Viewpoints: Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market
Chemours Company
FuMa-Tech
Golden Energy Fuel Cell
Dalian Institute of Chemical Physics
Key Insights Covered: Exhaustive Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market
1. Market size (sales, revenue and growth rate) of Ion Exchange Membrane of All-Vanadium Redox Flow Battery industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Ion Exchange Membrane of All-Vanadium Redox Flow Battery industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Ion Exchange Membrane of All-Vanadium Redox Flow Battery industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Ion Exchange Membrane of All-Vanadium Redox Flow Battery industry.
Research Methodology: Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.