Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Type (Proton Exchange Membrane (PEM) electrolysis, Alkaline Electrolysis, Solid oxide electrolysis), By Application (Semiconductor, Electrode Coating, Others), By Industry Vertical (Chemical, Oil & Gas, Energy & Power, Automotive, Electronics, Others) And Competitive Landscape
Product Code: ETC080099 | Publication Date: Feb 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Latin America Water Electrolysis Market is estimated to accomplish growth over the forecast period. It is owing to the rising adoption of water electrolysis in sectors like food & beverages and pharmaceutical that this market is witnessing a rapid development.
According to 6Wresearch, the Latin America Water Electrolysis Market size is anticipated to grow at a higher growth rate during 2023-2029. The sector in the region is witnessing a significant growth owing to the rising adoption of water electrolysis in sectors like food & beverages and pharmaceutical. It also aids in growing energy efficiency and reducing the emission of global warming. In Latin America, both power generation and water treatment are the major industries. The continent has seen faster growth in industrialisation, which led to a rise in demand for electricity.
Rising adoption of new technologies like reverse osmosis systems, and water electrolysis are stimulating the market growth. Rising demand for clean water in developing nations, rising awareness about the significance of water treatment in developing nations are also boosting the growth of the market in Europe. The sector has become an important sector in the continent and it will continue to hold this significance in the coming years owing to the value it has been adding in the lives of people. These factors have been boosting the Latin America Water Electrolysis Market share.
The competition in the sector is higher and many players are operating in it. The competition in the market is estimated to remain higher as the demand for water electrolysis is growing more in the nations of the region. The opportunities in the sector are growing, which is the main factor behind the increasing competition in the market.
Shortage of sufficient resources to implement projects, and limited access to electricity are the key challenges faced by the sector. The sector is likely to overcome these challenges in the future.
The coronavirus pandemic halted short-term demand in many end-user markets that use water electrolysis devices. Lockdown and government restrictions affected the supply networks for components and raw materials.
On the contrary, rising private and public investments in hydrogen and renewable generation boosted the demand for these devices in the region. The market faced some challenges during the pandemic, but these challenges affected the market evolvement for short-term.
This sector has come out a crucial sector and the demand for water electrolysis will always be there in the future.
The Latin America Water Electrolysis Industry segmentations, based on countries, includes Brazil, Mexico, Argentina, and Rest Of Latin America. The demand for water electrolysis is rising from all countries of the region.
The Water Electrolysis Market in Latin America segmentations, based on type, includes Proton Exchange Membrane (PEM) Electrolysis, Alkaline Electrolysis, and Solid Oxide Electrolysis. The proton exchange membrane accounted for the largest share in the market and it is projected to remain dominant in the future.
The Latin America Water Electrolysis Market segmentations, based on application, includes Semiconductor, Electrode Coating, and Others. All these segments are rising in the market.
The sector segmentations, based on industry vertical, includes Chemical, Oil & Gas, Energy & Power, Automotive, Electronics, and Others. The chemical segment dominated the market share and it anticipated to account for the largest share in the market.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Water Electrolysis Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Water Electrolysis Market Revenues & Volume, 2022 & 2029F |
3.3 Latin America Water Electrolysis Market - Industry Life Cycle |
3.4 Latin America Water Electrolysis Market - Porter's Five Forces |
3.5 Latin America Water Electrolysis Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Latin America Water Electrolysis Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.7 Latin America Water Electrolysis Market Revenues & Volume Share, By Application, 2022 & 2029F |
3.8 Latin America Water Electrolysis Market Revenues & Volume Share, By Industry Vertical, 2022 & 2029F |
4 Latin America Water Electrolysis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Water Electrolysis Market Trends |
6 Latin America Water Electrolysis Market, 2019 - 2029 |
6.1 Latin America Water Electrolysis Market, Revenues & Volume, By Type, 2019 - 2029 |
6.2 Latin America Water Electrolysis Market, Revenues & Volume, By Application, 2019 - 2029 |
6.3 Latin America Water Electrolysis Market, Revenues & Volume, By Industry Vertical, 2019 - 2029 |
7 Brazil Water Electrolysis Market, 2019 - 2029 |
7.1 Brazil Water Electrolysis Market, Revenues & Volume, By Type, 2019 - 2029 |
7.2 Brazil Water Electrolysis Market, Revenues & Volume, By Application, 2019 - 2029 |
7.3 Brazil Water Electrolysis Market, Revenues & Volume, By Industry Vertical, 2019 - 2029 |
8 Mexico Water Electrolysis Market, 2019 - 2029 |
8.1 Mexico Water Electrolysis Market, Revenues & Volume, By Type, 2019 - 2029 |
8.2 Mexico Water Electrolysis Market, Revenues & Volume, By Application, 2019 - 2029 |
8.3 Mexico Water Electrolysis Market, Revenues & Volume, By Industry Vertical, 2019 - 2029 |
9 Argentina Water Electrolysis Market, 2019 - 2029 |
9.1 Argentina Water Electrolysis Market, Revenues & Volume, By Type, 2019 - 2029 |
9.2 Argentina Water Electrolysis Market, Revenues & Volume, By Application, 2019 - 2029 |
9.3 Argentina Water Electrolysis Market, Revenues & Volume, By Industry Vertical, 2019 - 2029 |
10 Rest of Latin America Water Electrolysis Market, 2019 - 2029 |
10.1 Rest of Latin America Water Electrolysis Market, Revenues & Volume, By Type, 2019 - 2029 |
10.2 Rest of Latin America Water Electrolysis Market, Revenues & Volume, By Application, 2019 - 2029 |
10.3 Rest of Latin America Water Electrolysis Market, Revenues & Volume, By Industry Vertical, 2019 - 2029 |
11 Latin America Water Electrolysis Market Key Performance Indicators |
12 Latin America Water Electrolysis Market - Opportunity Assessment |
12.1 Latin America Water Electrolysis Market Opportunity Assessment, By Countries, 2022 & 2029F |
12.2 Latin America Water Electrolysis Market Opportunity Assessment, By Type, 2022 & 2029F |
12.3 Latin America Water Electrolysis Market Opportunity Assessment, By Application, 2022 & 2029F |
12.4 Latin America Water Electrolysis Market Opportunity Assessment, By Industry Vertical, 2022 & 2029F |
13 Latin America Water Electrolysis Market - Competitive Landscape |
13.1 Latin America Water Electrolysis Market Revenue Share, By Companies, 2020 |
13.2 Latin America Water Electrolysis Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |