Nafion Market is estimated to be US$ 6.64 billion by 2030 with a CAGR of 10.5% during the forecast period prophecymarketinsights.com

Nafion is the first ever perfluorosulfonic acid (PFSA) polymer manufactured by Dupont in the 1970s. Nafion was primarily made due to the increasing demand for ion exchange membranes for the fuel cell applications. Efficacy to offer a cost-economical alternative to maximize production efficiency in the chlor alkali industry is sett to expand the global nafion market size over the forecast period. Further, growing demand for clean energy sources and concerns related to rising emission norms, coupled with momentum toward low or no emission vehicles has also increased the demand for Nafion market.