The hydrogen circulation pump is an innovative H2 transport technology with the additional functions of compression and purification in the recirculation system.The hydrogen circulation pump is required to efficiently circulate both any hydrogen that did not react during power generation and the generated water. Adopting a new seal structure improved the corrosion resistance of the newly developed hydrogen circulation pump and made it possible to switch its material from the previous stainless steel to aluminum, achieving a 41% weight reduction.

According to Bosson Research, the Global Hydrogen Circulation Pump Market Size was estimated at USD 28.59 million in 2020 and is projected to reach USD 498.09 million by 2027, exhibiting a CAGR of 50.42% during the forecast period.

Bosson Research’s latest report provides a deep insight into the Global Hydrogen Circulation Pump market covering all its essential aspects. This ranges from macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global Hydrogen Circulation Pump.