Asia Pacific Hydrogen Recirculation Pumps Market Research Report by 2019 to 2028
Hydrogen recirculation pumps are extensively utilized in fuel cells for hydrogen recirculation. The majority of these pumps are composed of materials and coatings that withstand the corrosive impact of 100% humidified H2. These pumps feature broad internal sealing areas between the housing and lobes.
Asia Pacific Hydrogen Recirculation Pumps Market Overview:
Hydrogen recirculation pumps are extensively utilized in fuel cells for hydrogen recirculation. The majority of these pumps are composed of materials and coatings that withstand the corrosive impact of 100% humidified H2. These pumps feature broad internal sealing areas between the housing and lobes. Additionally, exceptional coating on the lobes can handle the narrow clearances between the housing and rotors, making them highly efficient. Furthermore, to ensure optimal performance of the fuel cell stack, more hydrogen is provided to the stack than is necessary for the reaction, rendering them suitable for diverse end-users.
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Key Players:
• Busch Vacuum Solutions (United States)
• Ogura Industrial Corp (United States)
• Robert Bosch GmbH (Germany)
• Techno Takatsuki Co (Japan)
• Toyota Industries (Japan)
• KNF Group (Germany)
• Air Squared (United States)
• Rheinmetall (Germany)
• Barber-Nichols (United States)
• Fujian Snowman (China)
• Yantai Dongde (China)
• Shanghai Hanbell Precise (China)
Asia Pacific Hydrogen Recirculation Pumps Market Opportunities:
The market for hydrogen recirculation pumps is expanding at a considerable rate thanks to the rising popularity of fuel cell systems in commercial vehicles. Stringent emission rules are being implemented by a number of environmental organisations and governments in response to growing environmental concerns. These regulations are anticipated to drive up the cost of producing fuel-efficient diesel engines in the future. As a result, the need for hydrogen recirculation pumps is anticipated to increase as a result of impending diesel engines for automobiles, fueling the market's quick expansion.
Asia Pacific Hydrogen Recirculation Pumps Market Drivers:
The market is primarily driven by an increase in passenger vehicle sales, notably in Asia-Pacific nations where per capita income is rising. The global increase in demand for special utility vehicles (SUVs) as leisure and tourism activities become more and more popular is another factor contributing to the market expansion. According to figures from the Chinese Ministry of Industry and Information Technology, over 25 million vehicles were sold in 2019, including 21.44 million passenger cars. The market's expansion is being further fueled by this spike in automobile purchases.
Asia Pacific Hydrogen Recirculation Pumps Market Growth Challenges:
Although the market for hydrogen recirculation pumps is expanding quickly, a significant barrier continues to be the fuel's explosive nature. Lower and higher limits for hydrogen's flammability in air range from 4% to 75%. Moreover, it has no taste or smell, and even a little leak can quickly reach dangerous levels, which hinders the market expansion for hydrogen recirculation pumps. Manufacturers are, however, actively resolving this issue through technical improvements and are anticipated to support the market's expansion in the future.
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Asia Pacific Hydrogen Recirculation Pumps Market Recent Development:
In December 2020, Toyota Industries introduced a novel air compressor and hydrogen circulation pump for fuel cells, which will be incorporated into the new Mirai FC EV. As FCEVs employ hydrogen as fuel and only emit water during operation, they are regarded as an environmentally friendly mode of transport. Consequently, the demand for FCEVs as the ultimate green vehicle is steadily increasing. Additionally, the use of hydrogen is expanding in several domains, such as the commercial implementation of FC systems.
Asia Pacific Hydrogen Recirculation Pumps Market Geography:
China is a market leader for hydrogen recirculation pumps in the Asia-Pacific area as a result of its significant production of commercial and passenger vehicles. Japan, which is a major global vehicle manufacturer and continues to make technological advances, offers promising future for the market for hydrogen recirculation pumps. The market for hydrogen recirculation pumps in India is growing quickly thanks to the country's booming auto industry.
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