Stratum Market Research
Contact

Energy & ClimateEuropean UnionUpdated

Fuel cell catalyst Market 2026: trade data and key figures

The EU imported €1.70 billion of fuel cell catalyst and related goods (CN 381512) from outside the EU in 2025. That was 31% less than in 2020.

-31% since 2020

Extra-EU imports of CN 381512 were down 31% in 2025 compared with 2020 (€2.45 billion)

€1.95billion

EU exports of CN 381512 to countries outside the EU were worth €1.95 billion in 2025

€3.73billion

Trade between EU member states in CN 381512 (intra-EU arrivals) came to €3.73 billion in 2025

North Macedonia was the largest outside supplier.

What this market covers

Platinum and other metal coated materials that speed the reactions inside a fuel cell stack. Stack makers buy them, and cost and durability drive supplier choice.

Typical segments

  • Platinum on carbon
  • Platinum alloy catalysts
  • Platinum group metal free catalysts
  • Catalyst coated membranes
ChartExtra-EU imports of CN 381512, EUR million
Extra-EU imports of CN 381512, EUR million01,0002,0003,0004,0002020: 2,455 EUR million2,45520202021: 3,258 EUR million3,25820212022: 2,973 EUR million2,97320222023: 2,819 EUR million2,81920232024: 1,923 EUR million1,92320242025: 1,703 EUR million1,7032025

Source: Eurostat

Why this market is moving now

  • Extra-EU import value fell 31% from 2020 to 2025, a direct read on EU demand for sourced supply.
  • Supply is concentrated: one country provided a large share of extra-EU imports in 2025.

Key figures

Each figure names the source it came from. Open the source list below to read the quoted line.

FigureValueYearSource
The EU imported €1.70 billion of products under CN code 381512 (Supported catalysts with precious metal or a precious-metal compound as the active) from outside the EU in 2025.1.70 EUR billion2025Eurostat
Extra-EU imports of CN 381512 were down 31% in 2025 compared with 2020 (€2.45 billion), calculated from Eurostat values.-31 % since 20202025Eurostat
EU exports of CN 381512 to countries outside the EU were worth €1.95 billion in 2025.1.95 EUR billion2025Eurostat
Trade between EU member states in CN 381512 (intra-EU arrivals) came to €3.73 billion in 2025.3.73 EUR billion2025Eurostat
North Macedonia was the largest non-EU supplier of CN 381512 to the EU in 2025, with €1.38 billion, or 81% of extra-EU imports.1.38 EUR billion2025Eurostat
EU exports of CN 381512 to the United States were €243.6 million in 2025.243.6 EUR million2025Eurostat
The average value of extra-EU imports of CN 381512 was €167.13 per kilogram in 2025, calculated from Eurostat value and weight.167.13 EUR per kg2025Eurostat
Germany was the largest EU exporter of CN 381512 to non-EU countries in 2025, at €696.0 million.696.0 EUR million2025Eurostat
The EU had 904 enterprises in NACE class C2013 (Manufacture of other inorganic basic chemicals) in 2023.904 enterprises2023Eurostat
EU enterprises in NACE class C2013 had net turnover of €33.38 billion in 2023.33.38 EUR billion2023Eurostat
NACE class C2013 employed 64,363 people across the EU in 2023.64,363 persons employed2023Eurostat
The US had 2,332 private establishments in NAICS 325998 (All other miscellaneous chemical product and preparation manufacturing) in 2025.2,332 establishments2025U.S. Bureau of Labor Statistics
NAICS 325998 employed an average of 43,439 people in US private industry in 2025.43,439 jobs2025U.S. Bureau of Labor Statistics
US employment in NAICS 325998 changed by +11% between 2020 (39,148 jobs) and 2025, calculated from BLS figures.+11 % since 20202025U.S. Bureau of Labor Statistics
Average annual pay in US NAICS 325998 was $101,547 in 2025.101,547 USD per year2025U.S. Bureau of Labor Statistics
PubMed indexed 10 papers mentioning "fuel cell catalyst" in the title or abstract in 2025.10 papers2025U.S. National Library of Medicine

Sources and method

The figures on this page come from the public sources listed below. Read how we work.

  1. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
    Quoted lines
    • Figure 1DS-045409, reporter EU27_2020, product 381512, partner EXT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 1703255282
    • Figure 2DS-045409, reporter EU27_2020, product 381512, flow import, 2020 VALUE_IN_EUROS 2454991817; 2025 VALUE_IN_EUROS 1703255282
    • Figure 3DS-045409, reporter EU27_2020, product 381512, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 1945205679
    • Figure 4DS-045409, reporter EU27_2020, product 381512, partner INT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 3727469666
    • Figure 5DS-045409, reporter EU27_2020, product 381512, partner MK, flow import, 2025, VALUE_IN_EUROS 1380761062
    • Figure 6DS-045409, reporter EU27_2020, product 381512, partner US, flow export, 2025, VALUE_IN_EUROS 243584075
    • Figure 7DS-045409, reporter EU27_2020, product 381512, flow import, 2025, VALUE_IN_EUROS 1703255282, QUANTITY_IN_100KG 101912
  2. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
    Quoted lines
    • Figure 8DS-045409, reporter DE, product 381512, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 695970057
  3. Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
    Quoted lines
    • Figure 9sbs_ovw_act, geo EU27_2020, nace_r2 C2013, indic_sbs ENT_NR, 2023, 904
    • Figure 10sbs_ovw_act, geo EU27_2020, nace_r2 C2013, indic_sbs NETTUR_MEUR, 2023, 33384
    • Figure 11sbs_ovw_act, geo EU27_2020, nace_r2 C2013, indic_sbs EMP_NR, 2023, 64363
  4. U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 325998, 2025 (2026-11-04)
    Quoted lines
    • Figure 12QCEW 2025 annual, US000, private, NAICS 325998, annual_avg_estabs 2332
    • Figure 13QCEW 2025 annual, US000, private, NAICS 325998, annual_avg_emplvl 43439
    • Figure 14QCEW 2020 annual_avg_emplvl 39148; 2025 annual_avg_emplvl 43439
    • Figure 15QCEW 2025 annual, US000, private, NAICS 325998, avg_annual_pay 101547
  5. U.S. National Library of Medicine: PubMed search "fuel cell catalyst"[tiab] AND 2025[dp] (2026-11-04)
    Quoted lines
    • Figure 16esearch count 10

Buyers and suppliers

Who buys

  • Fuel cell stack makers
  • Membrane electrode assembly producers
  • Research institutes

Large non-EU suppliers to the EU

  1. North Macedonia1,380.8 EUR million
  2. United States103.8 EUR million
  3. United Kingdom65.6 EUR million
  4. South Africa63.4 EUR million
  5. Japan42.3 EUR million
  6. Korea, Republic of16.2 EUR million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the European Union market
  3. 03Market size, 2021 to 2025
    Historical series and growth rates
  4. 04Outlook to 2031
    Base, low and high scenarios with stated assumptions
  5. 05Rules, policy and deadlines
    Regulation and programmes that change demand
  6. 06Drivers and barriers
    What accelerates or slows adoption, by customer segment
  7. 07Prices, costs and margins
    Unit economics where public data allows
  8. 08Competitive landscape
    8 to 12 company profiles with recent moves
  9. 09Opportunities and risks
    For new entrants, suppliers and investors
  10. 10Method and sources
    Every assumption and source, listed

Included with the full report

  • PDF report, 40 to 60 pages
  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
Compare the editions

Frequently asked questions

How big is the EU fuel cell catalyst market?

There is no single official market total. Eurostat trade data shows the EU imported €1.70 billion of goods under CN 381512 from outside the EU in 2025 and exported €1.95 billion.

Where does the EU import fuel cell catalyst from?

North Macedonia was the largest non-EU supplier in 2025. Other large suppliers included United States, United Kingdom, South Africa.

What is the average import price of fuel cell catalyst in the EU?

Dividing Eurostat import value by weight gives about €167.13 per kilogram for CN 381512 in 2025.

Which EU countries export the most fuel cell catalyst?

Germany led EU exports to non-EU countries in 2025, followed by Belgium, Italy.

How many US companies are in the fuel cell catalyst industry?

BLS counts 2,332 private establishments in NAICS 325998 (All other miscellaneous chemical product and preparation manufacturing), the closest official industry.

How many EU companies are in the fuel cell catalyst industry?

Eurostat counts 904 enterprises in NACE class C2013 (Manufacture of other inorganic basic chemicals).

Free sample

Get a free sample of this report

We send the table of contents, two sample chapters and the method note, usually within one working day. You owe us nothing for asking.

  • Full table of contents
  • Two sample chapters
  • Method note and data outline
A market, a region or the decision you are making helps us pick the right chapters.

We use your details only to reply. See our privacy policy.

Full report $3,450Choose an edition