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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.
Scope of the Report:
This report focuses on the Ion Exchange Membrane of All-Vanadium Redox Flow Battery in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
The worldwide market for Ion Exchange Membrane of All-Vanadium Redox Flow Battery is expected to grow at a CAGR of roughly 18.8% over the next five years, will reach 27 million US$ in 2023, from 10 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Chemours (DuPont)
- Golden Energy Fuel Cell
- Dalian Institute of Chemical Physics
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Full-fluorinion Ion Exchange Membrane
- Non-fluorinion Ion Exchange Membrane
Market Segment by Applications, can be divided into
- Renewable Power Supply
- Industrial Grid (Excluding Renewable Power) Adjustment and Management
There are 15 Chapters to deeply display the global Ion Exchange Membrane of All-Vanadium Redox Flow Battery market.
Chapter 1, to describe Ion Exchange Membrane of All-Vanadium Redox Flow Battery Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Ion Exchange Membrane of All-Vanadium Redox Flow Battery, with sales, revenue, and price of Ion Exchange Membrane of All-Vanadium Redox Flow Battery, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Ion Exchange Membrane of All-Vanadium Redox Flow Battery, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Ion Exchange Membrane of All-Vanadium Redox Flow Battery market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Ion Exchange Membrane of All-Vanadium Redox Flow Battery sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source