Why Is the Membrane Electrode Assembly Market Booming Amid the...

Why Is the Membrane Electrode Assembly Market Booming Amid the Global Push for Decarbonization?

The membrane electrode assembly (MEA) — the sandwich of membrane, catalyst layers and gas diffusion layers at the heart of proton exchange membrane (PEM) fuel cells — has quietly become one of the most important components in the clean-energy transition. In 2024 the MEA market was valued at roughly USD 9.15 billion and is forecast to expand rapidly to about USD 35.8...

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