Phosphoric Acid Fuel Cell Market Report Demand Analysis and Revenue Forecast for the Next Decade
Introduction: The size of the phosphoric acid fuel cell market was estimated at USD 0.4 billion in 2022. Over the course of the forecast period (2023–2032), the market is expected to develop at a compound annual growth rate (CAGR) of 20.30%, from USD 0.5 billion in 2023 to USD 2.1 billion by 2032. Phosphoric Acid Fuel Cells (PAFCs) have emerged as a promising technology in the field of...
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