Gas Diffusion Layer Market: By Product Type (Carbon Paper Type, Carbon Cloth Type, and Other), Application (Polymer Electrolyte Fuel Cells, Hydrogen /Oxygen Air Fuel Cells, Direct Methanol Fuel Cells, and Others), And Region

Gas Diffusion Layer Market size is expected to be valued at USD 2,640.6 million in 2022 and is expected to grow at a CAGR of 26.3% from 2022-2028. The gas diffusion layers (GDL) are a porous and fibrous media with two chief purposes: uniform supply of reactive gases on the surfaces of the electrode and transfer of electrons from or to the external electrical circuit. They are composed of porous, thin carbon fibers and hydrophobic material. In a membrane electrode assembly (MEA), the gas diffusion layers are a vital supporting material. The increasing acceptance of fuel cell functioned cars can lead to the gas diffusion layer market growth. Moreover, certain functions of the gas diffusion layer such as the channel of reactant transference and water or heat removal, transfer of the reactant and by-products from and to the catalyst layers, mechanical support to the MEA, and prevention of catalyst from getting corroded are some primary factors that can boost the global gas diffusion layer market. Apart from these, extensive research and development in fuel cells have allowed its commercialization and many countries are accepting this technology to produce electricity which can also accelerate the market in the future. However, some factors such as the huge cost of gas diffusion layer technology and high graphitization temperatures of the raw materials in order to attain post-carbonization handling and increased conductivity can restrain the growth of the market. storing of certain gas fuels such as hydrogen fossil fuels requires standardized conditions which can hinder the market growth. Companies should focus on adopting numerous marketing policies such as acquisition, mergers and expansion of capacity to grow their global reach and improve the product portfolio that can create an opportunity for the global gas diffusion layer market growth.   Recent Market Developments: In April 2022, Hexagon Purus acquired Cryoshelter to enhance zero-emission mobility technology. In December 2021, the Indian Oil Corporation acquired 5% stakes in the Indian gas Exchange to enter the natural gas market.