交通领域是当前核心需求场景，2024年占比达46%。燃料电池电动汽车在公交、长途卡车、物料搬运等 高频场景快速渗透，美国已投用超5万台燃料电池叉车，2022~2024年重型卡车试点活跃度提升120%。 固定电源领域以40%的占比紧随其后，数据中心、医院、工业设施对韧性低碳离网电源的需求激增。技 术层面，质子交换膜燃料电池凭借高功率密度、快速启动等优势占据52%市场份额(约18.9亿美元)，成 为交通领域主流技术路线。当前占技术市场24%的固体氧化物燃料电池(SOFC)，因高效热电联供特性， 被预测为未来十年工业清洁供热与基荷电源的标准配置。 报告指出，尽管行业仍面临初始基建成本高、氢能供给不足等挑战，但技术创新正加速突破瓶颈。分析 师预测2030年绿氢成本将下降40%~60%，大幅提升燃料电池系统的经济性。在政策与产业协同推动 下，氢燃料电池正逐步成为全球能源结构的常态化组成部分。 (图建平) 中化新网讯 近日，美国DataM Intelligence智库发布报告显示，2024年，全球氢燃料电池市场规模达36.4 亿美元，预计2030年将增至59亿美元，2024~2031年复合年增长率将达8.3%。这一增长态 ...

Group 1 - The core viewpoint is that platinum prices have experienced a significant decline of over 20% in a few weeks, driven by three major "black swan" events affecting demand and supply dynamics [1] Group 2 - The first event is the "new energy vehicle revolution," which is reducing the demand for platinum traditionally used in automotive catalysts due to the rise of electric vehicles [1] - The second event is the unexpected recovery of mining production in South Africa, leading to a surge in supply and increased price pressure [1] - The third event is the strong return of the US dollar, which has shifted market preferences towards gold, resulting in reduced buying interest in platinum [1] Group 3 - Short-term impacts include narrowing profit margins for South African mining companies, with some high-cost mines facing potential shutdowns due to the price drop [3] - Automotive catalyst manufacturers are adjusting material compositions, favoring alternatives like palladium, which is eroding platinum's market share [3] - Conversely, the hydrogen fuel cell market is emerging rapidly, with platinum being a key catalyst, indicating potential future demand growth [3] Group 4 - The decline in platinum prices is viewed as a cyclical adjustment in the industry, with short-term volatility expected but long-term fundamentals likely to support a price rebound [4] - Companies are encouraged to optimize recycling processes and improve resource utilization in response to price fluctuations [4] - Investors are advised to focus on emerging opportunities in the new energy and hydrogen sectors [4]