The Market Reports

Synopsis
The global market for Bipolar Plates for PEM Fuel Cells was estimated to be worth US$ 513 million in 2024 and is forecast to a readjusted size of US$ 1892 million by 2031 with a CAGR of 21.3% during the forecast period 2025-2031.
Bipolar Plates are one of the core components of the fuel cells, which accounts for a large portion of the quality and cost of the battery pack. It is responsible for the functions of uniform distribution of reaction gas, conduction of current, and series of single cells. In order to meet these functional requirements, the ideal bipolar plate should have high thermal/electrical conductivity, corrosion resistance, low density, good mechanical properties, low cost, and easy processing. However, the current bipolar plates have problems such as poor corrosion resistance and conductivity, high production costs and short lifespan. Realizing the reasonable matching of the conductivity and corrosion resistance of the bipolar plate material, that is, achieving high corrosion resistance under the premise of ensuring reasonable conductivity, ensuring the service life of the entire system, is one of the key steps in the commercialization of fuel cells. The report study Bipolar Plates market which used for PEM Fuel Cells.
Bipolar plates (BPs) are the electrical connections between cells; typically, these are also used for distributing the fuel and the oxidant to anode and cathode, respectively. Consequently, these are subject to oxidizing conditions on one face and reducing conditions on the opposite one. Bipolar Plates are a key component in a fuel cell stack. Most bipolar plates are used in PEM Fuel Cells.
1. The representative players in global Bipolar Plates for PEM Fuel Cells market are Dana, Shanghai Zhizhen, Schunk Group, Ballard and ElringKlinger, accounting for 48% market share in terms of revenues in 2023. Players are concentrated in North America, Europe and China. Many new entrants in recently years.
2. Regions Comparison
The representative production regions in this market are North America, Europe and China, with more than 70% market share in 2023 and representative consumption regions are North America, Europe and Asia-Pacific. China has great potential demand.
3. Product Classification
Bipolar Plates for PEM Fuel Cells mainly includes Graphite, Metal, Composite materials. Graphite type accounts for 63% market share in terms of sales in 2023. Taking the manufacturing processing, raw material etc factors into consideration, Graphite type cost is low; while Metal and Composite types have mechanical performance, electric conductivity, strength etc advantages and will further replace Graphite type in the future.
4. Downstream Market
Bipolar Plates is mainly used in Transportation (e.g. Electric Vehicles), Stationary Power and Portable Power end products. By fuel cell type, including Proton Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Molten Carbonate Fuel Cells (MCFC), Phosphoric Acid Fuel Cells (PAFC). The representative application is Proton Exchange Membrane Fuel Cells (PEMFC), accounting for 71% market share in terms of sales in 2023.
5. Price
The price of Bipolar Plates differs from company to company, as there is a great difference in terms of technology, materials, performance etc. The average price is decreasing gradually, for continuous maturity of production technology.
The Bipolar Plates market has many aspects of drivers:
The increasing adoption of hydrogen fuel cells in transportation (e.g., buses, trucks, and passenger vehicles) is driving demand for bipolar plates, which are crucial for the fuel cell's operation.
The rising need for reliable backup power systems in various sectors, including telecom, data centers, and critical infrastructure, boosts the demand for fuel cells and, consequently, bipolar plates.
Also, governments worldwide are implementing policies and incentives to promote clean energy technologies and reduce greenhouse gas emissions. These policies support the growth of fuel cell technologies and the production of bipolar plates. Initiatives to build hydrogen production, distribution, and refueling infrastructure enhance the fuel cell market, thereby driving the bipolar plates market.
This report aims to provide a comprehensive presentation of the global market for Bipolar Plates for PEM Fuel Cells, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Bipolar Plates for PEM Fuel Cells by region & country, by Type, and by Application.
The Bipolar Plates for PEM Fuel Cells market size, estimations, and forecasts are provided in terms of sales volume (k Pcs) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bipolar Plates for PEM Fuel Cells.
Market Segmentation
By Company
Dana
Schunk Group
Ballard
ElringKlinger
VinaTech (Ace Creation)
LEADTECH International
Nisshinbo
FJ Composite
Feintool
Graebener Maschinentechnik
Cell Impact
SGL Carbon
Shanghai Zhizhen
Weifu High-Technology
Shanghai Hongfeng
Dongguan Jiecheng Graphite Products
Shanghai Shenli
Anhui Mingtian
Guangdong Nation-Synergy
Shanghai Yoogle
Shenzhen Jiayu
Hunan Zenpon
Zhejiang Harog
Segment by Type
Graphite
Metal
Composite
Segment by Application
Transportation (e.g. Electric Vehicles)
Stationary Power
Portable Power
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Bipolar Plates for PEM Fuel Cells manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Bipolar Plates for PEM Fuel Cells in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Bipolar Plates for PEM Fuel Cells in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index