Membranes that exchange ions Membranes with positively charged functional groups are known as anion exchange membranes (AEM). Anions can pass through these membranes, whereas cations are rejected. The features of the AEMs, on the other hand, prompted some research into polyelectrolyte membrane separators for the VRFB in order to achieve low vanadium crossover and low water crossover. Water crossover will be limited as a result of the lowered vanadium species crossover, as it is dependent on the vanadium species crossover
The global market for the Anion Exchange Membrane is anticipated to develop at a compound annual growth rate (CAGR) of 4.8.% throughout the course of the forecast, to reach USD 1,457.6 million by 2028.
Covid-19 Impact & Market Status:
The consequences of the coronavirus infection 2019 (COVID-19) are already being felt around the world and had labelled a pandemic, had a significant impact on regional economic growth in 2020. Covid-19 pandemic unlike several other businesses has favored the Anion exchange membrane business in favorable ways. Companies are ramping up the production of proton and cation exchange membranes, which have the potential to replace PEM electrolyzers and fuel cells with a hydrocarbon-based solution.
During the projection period, the North American market is expected to expand. The presence of top manufacturers in this region, as well as the growing need for water purification and wastewater treatment around the world, are driving this market forward.
The rising need for water purification and wastewater treatment around the world is driving this industry forward. Furthermore, the growing demand for electric vehicles is propelling this industry forward.
The usage of AEMs in the food and beverage industry is included in the food and drinkables application section. AEMs are used in the food and beverage sector for water purification and wastewater treatment.
AEMs are well-known for improving the efficiency of gasoline engines in cars. Proton exchange membranes (PEMs) are being phased out of the ion exchange membrane market in favour of AEM fuel cells, which may operate in alkaline or basic environments. As a result, organisations that are attaining mass manufacturing of AEM fuel cells prefer AEMs for their positive qualities. However, The breakdown of cations in high pH fuel cell settings limits the application of AEMs. As a result, enterprises should mix AEMs with various aliphatic or aromatic polymers to make AEMs with high conductivity and alkaline stability.
During the forecast period, the Anion exchange membrane market is expected to grow at a CAGR of around 5.2 percent from 2022-2029. The overall market size for global anion exchange membrane market is likely to touch USD 1017 million by 2029.
Because the anion exchange membrane is less successful at excluding protons, they will diffuse across the membrane even if the AEM rejects cations. In practise, a proton-leaking AEM is desirable such that proton transport and vanadium rejection occur simultaneously. Chemical stability in the VRFB appears to be lower under severe conditions than in CEMs. These issues may explain why AEMs for VRFB applications have received so little attention.
AEMs are well-known for improving the efficiency of gasoline engines in cars. Proton exchange membranes (PEMs) are being phased out of the ion exchange membrane market in favour of AEM fuel cells, which may operate in alkaline or basic environments. As a result, organisations that are attaining mass manufacturing of AEM fuel cells prefer AEMs for their positive qualities.
AEMs are used in industries such as power, oil and gas, chemical, and others in the industrial application area. In the electricity industry, AEMs are utilised in fuel cells and electrolyzers. AEMs are utilised in membrane separations, fuel cells, and electrolyzers in the oil and gas industry. AEMs are employed in chlor-alkali cells in the chemical sector.
The global demand for water purification and wastewater treatment is driving the expansion of the global anion exchange membrane market. In addition, the expanding number of wastewater treatment plants is propelling this industry forward. Furthermore, during the forecast period, increased demand for electric vehicles is expected to boost this market ahead. A conductive membrane that selectively transports anions across its surface is known as an anion exchange membrane (AEM). AEMs are required by fuel cells, electrolyzers, and other electrochemical devices.
Major Developments in Anion Exchange Membrane Market:
In May 2019, CAPLINQ, a speciality chemicals firm, said that it has reached an authorised agreement with Ionomr, the global leader in particle trade materials, to become the latter's 'European Market Partner' to promote Ionomr goods. As a result, strategic alliances are fueling manufacturing efforts in the Ion Exchange Membrane market, which is expected to reach an output of 8,900 square metres by 2027.
The market for anion exchange membranes is fragmented, with fierce competition among the leading players for a large part of the market.
Anion Exchange Membrane Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 1017 million.|
|Growth Rate||CAGR of 5.2% during 2021-2028|
|Segment Covered||By Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||DuPont, The Dow Chemical Company, LANXESS AG, 3M, SUEZ, Toray Industries Inc., Merck KGaA, Ion Exchange Ltd. & among others.|
Key Segments of Anion Exchange Membrane Market
- By Type
- Strong Base
- Week Base
- By Application
- Food and Drinkables
- By Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa