ALKALINE WATER ELECTROLYZER MARKET

INTRODUCTION

An alkaline water electrolyzer is a device that splits water into hydrogen and oxygen gas using electricity in a liquid alkaline solution of potassium hydroxide (KOH) or sodium hydroxide (NaOH).

It has two electrodes separated by a diaphragm that allows hydroxide ions (OH-) to go from one electrode to the other while preventing the resultant gases from mixing. The electrodes are often made of nickel-based metals, which are stable and efficient water-splitting catalysts.

Alkaline water electrolysis is an established technique that has been used in the chemical industry for decades and is capable of being fueled by renewable energy sources such as solar and wind.  It has the potential to provide clean hydrogen fuel for use in transportation, power generation, and industrial.

Some of the advantages of alkaline water electrolysis are:It is a mature and safe technology that has been used for many industrial applications, Itcan scale up to large production capacities of hydrogen, It uses cheaper catalysts than other types of water electrolysis, such as nickel-based metals instead of platinum group metals.

It has higher durability due to an exchangeable electrolyte and lower dissolution of anodic catalystSome of the disadvantages of alkaline water electrolysis are that it is very energy demanding with high capital investment, operation, and maintenance costs

It has a slightly higher power consumption than other types of water electrolysis, such as proton exchange membrane (PEM) electrolysis and electrolysis of water vaporIt requires a high concentration of alkaline solution (20-40 wt.%) which can be corrosive and hazardousIt operates at a low current density (0.2-0.4 A/cm 2 ) and a high cell voltage (1.8-2.40 V) which reduces the efficiency and performance of the system.

ALKALINE WATER ELECTROLYZER MARKET SIZE AND FORECAST

The Global Alkaline Water Electrolyzer market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

ALKALINE WATER ELECTROLYZER MARKETNEW PRODUCT LAUNCH

HyLYZER® - 1000 is a water electrolyzer system based on proton exchange membrane (PEM) water electrolysis technology. It is manufactured and marketed by Cummins Inc.According to the product specification sheet, some of the features of HyLYZER® - 1000 are:It can produce 1000 Nm3/h (2160 kg/day) of hydrogen with a delivery pressure of 30 bar g (435 psig) without a compressor.

It has a hydrogen quality of 99.99% dry basis, with optional higher purities available3It has a DC power consumption at the stack of 40 to 50 kWh/kg (3.6 to 4.5 kWh/Nm3) and a system-specific consumption of ≤ 51 kWh/kIt has an operating range of 5-125% and a part-load range of 20-40%It requires utilities such as electrical power, demineralized water, cooling water, HVAC, instrument air, and nitrogen for purge.

It has a total footprint (including maintenance area) of electrolyzer dimensions (L x W) = 8.4 m x 2.3 m (27.7 x 7.5 ft) and rectifier dimensions (L x W) = 4.5 x 2.5 m (14.8 x 8.2 ft)It is designed for indoor installation with a temperature range of 5°C to 40°C / 41°F to 104°F.

ALKALINE WATER ELECTROLYZER MARKETMARKET ANALYSIS

Nel Hydrogen is the recognized industry leader in alkaline and proton exchange membrane (PEM) water electrolysis with more than 3,500 electrolyzers installed around the globe.

PERIC is a state-level R&D institute in China with a huge manufacturing base for alkaline and PEM water electrolysisCummins Inc., manufactures and markets HyLYZER® - 1000, a compact, modular water electrolyzer system based on PEM water electrolysis technology.

LONGi Hydrogen, which is a subsidiary of LONGi Green Energy Technology Co., Ltd. has produced a large-scale alkaline water electrolysis hydrogen production system.

McPhy, is a leader in high-pressure alkaline electrolysis and offers the widest range of electrolyzers on the marketThyssenKrupp, is a leading supplier of alkaline water electrolysis plants with over 600 plants installed worldwide and a capacity of over 10 GW.

ALKALINE WATER ELECTROLYZER MARKETCOMPANY PROFILE

• Nel Hydrogen
• McPhy
• Thyssenkrupp
• PERIC
• Cummins Inc.

ALKALINE WATER ELECTROLYZER MARKETTHIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many Alkaline Water electrolyzers are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Alkaline Water Electrolyzer and key vendor selection criteria
3. Where is the Alkaline Water Electrolyzer manufactured? What is the average margin per unit?
4. Market share of Global Alkaline Water Electrolyzer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Alkaline Water Electrolyzer in-house
6. key predictions for the next 5 years in the Global Alkaline Water Electrolyzer market
7. Average B-2-B Alkaline Water Electrolyzer market price in all segments
8. Latest trends in Alkaline Water Electrolyzer market, by every market segment
9. The market size (both volume and value) of the Alkaline Water Electrolyzer market in 2024-2030 and every year in between?
10. Production breakup of the Alkaline Water Electrolyzer market, by suppliers and their OEM relationship