The fuel cell coolant market has vast space and the industry is gradually developing towards standardization.
Fuel cell coolant, also known as fuel cell coolant, refers to the liquid that circulates in the cooling pipes of new energy vehicles and takes away the heat generated by the fuel cell through heat exchange and other processes. Fuel cell coolant has the advantages of non-flammability, good electrical insulation properties, stable chemical properties, anti-freeze, and strong thermal conductivity, and is widely used in the field of new energy vehicles.
There are many types of fuel cell coolants, mainly including ethylene glycol coolant and propylene glycol coolant. Ethylene glycol coolant has the advantages of low production cost, strong antifreeze performance, good safety performance, anti-corrosion, and recyclability, and occupies a large share of the fuel cell coolant market. Ethylene glycol is the main component of ethylene glycol coolant. Driven by technological innovation, my country’s ethylene glycol production capacity has rapidly expanded and output has continued to grow. In 2022, my country’s ethylene glycol production will reach 12.595 million tons. As the market demand for ethylene glycol coolant grows, the development of my country’s fuel cell coolant industry is accelerating.
In February 2022, the China Association for Standardization officially released the T/CAS 548-2021 “Hydrogen Fuel Cell Coolant” group standard, which clearly stipulates the inspection rules, test methods, production requirements, and product classification of hydrogen fuel cell coolant. Fuel cell coolant plays a decisive role in the service life of fuel cells. As industry standards gradually improve, my country’s fuel cell coolant market will gradually develop in a standardized and professional direction.
According to the “2023-2028 China Fuel Cell Coolant Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , fuel cell coolant is mainly used in the field of new energy vehicles. Driven by positive factors such as national policy support and the continuous improvement of national living standards, the development speed of my country’s new energy vehicle industry continues to accelerate. According to statistics from the China Association of Automobile Manufacturers, my country’s new energy vehicle sales will reach 6.887 million units in 2022, a year-on-year increase of 93.4%. Benefiting from the increasingly strong downstream demand, the development space of my country’s fuel cell coolant industry continues to expand.
With the continuous improvement of industry prosperity, competition in my country’s fuel cell coolant market has become increasingly fierce. Guangdong Delian Group Co., Ltd., Qingdao Compton Technology Co., Ltd., Changzhou Tenglong Auto Parts Co., Ltd., Jiangsu Longpan Technology Co., Ltd., Beijing Yihuatong Technology Co., Ltd., etc. are the main fuel cell coolants in my country. manufacturer.
Industry analysts said that as a thermal management medium for fuel cell systems, the market demand for fuel cell coolant is strong. In recent years, with the rapid development of my country’s new energy vehicle industry, the market space for fuel cell coolant has continued to expand. There are many fuel cell coolant manufacturers in my country, and the market competition is fierce. As the level of technological innovation of leading companies continues to improve, the concentration of my country’s fuel cell coolant industry will increase.