The Proton Exchange Membrane (PEM) market is a subset of the advanced materials industry. PEMs are a type of polymer electrolyte membrane used in fuel cells, which are electrochemical devices that convert chemical energy into electrical energy. PEMs are highly efficient and have a wide range of applications, including automotive, stationary, and portable power. They are also used in hydrogen production and storage, as well as in water electrolysis. PEMs are made from a variety of materials, including fluoropolymers, polybenzimidazole, and polysulfone. They are characterized by their high proton conductivity, chemical stability, and low methanol permeability. The PEM market is expected to grow in the coming years due to increasing demand for fuel cells and other applications. The market is driven by technological advancements, government incentives, and increasing environmental awareness. Some of the major companies in the PEM market include Ballard Power Systems, Plug Power, Hydrogenics, and FuelCell Energy. Show Less Read more
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