Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

SKU ID : QYR-16033857 | Publishing Date : 05-Aug-2020

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.

Market Analysis and Insights: Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery Market
The global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market size is projected to reach US$ 50 million by 2026, from US$ 17 million in 2020, at a CAGR of 19.0% during 2021-2026.
Global Ion Exchange Membrane of All-Vanadium Redox Flow Battery Scope and Segment
The global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Ion Exchange Membrane of All-Vanadium Redox Flow Battery market is segmented into
Full-fluorinion Ion Exchange Membrane
Non-fluorinion Ion Exchange Membrane
Others

Segment by Application, the Ion Exchange Membrane of All-Vanadium Redox Flow Battery market is segmented into
Renewable Power Supply
Industrial Grid (Excluding Renewable Power) Adjustment and Management

Ion Exchange Membrane of All-Vanadium Redox Flow Battery market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Ion Exchange Membrane of All-Vanadium Redox Flow Battery business, the date to enter into the Ion Exchange Membrane of All-Vanadium Redox Flow Battery market, Ion Exchange Membrane of All-Vanadium Redox Flow Battery product introduction, recent developments, etc.
The major vendors covered:
Chemours Company
FuMa-Tech
Golden Energy Fuel Cell
Dalian Institute of Chemical Physics
...

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Ion Exchange Membrane of All-Vanadium Redox Flow Battery markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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