The Global Graphene Market is expected to register a CAGR of 37.5%, reaching a value of around USD 1,005 million by the end of 2027.
Graphene is a single layer of carbon atoms, which are tightly bound in a hexagonal honeycomb lattice. It is an allotrope of carbon in the form of a plane of sp2-bonded atoms with a molecular bond length of 0.142 nanometers. Layers of graphene stacked on top of each other form graphite, with an interplanar spacing of 0.335 nanometers. It has gained popularity owing to its excellent properties such as lightweight, toughness, flexibility, impermeable and shows high electron mobility.
Market Driver:
Graphene exhibits excellent electrical properties along with flexibility and transparency. This makes it an ideal choice of material for use in a wide range of electronics devices. Graphene has a unique arrangement of carbon atoms, which allows its electrons to travel at a high velocity without significant scattering. This saves up the energy that would be lost in other conductors.
Graphene can be used as a coating to improve current touch screens for smartphones and tablets. It is used in transistors, semiconductors, radio frequency (RF) circuits, sensors, memories, etc. It is further used in thermal management and heat dissipation in nanoelectronic devices.
Moreover, extensive research is being conducted for widening the scope of graphene application in electronics. For instance, researchers at Purdue University have developed a method for encapsulating the copper nanowires with graphene, which can transmit data 15% faster while reducing the peak temperature by 27% as compared to uncoated wires. These nanowires can be used in a range of electronics, including the flexible variety.
With the technological advancements in electronics sectors such as voice recognition and artificial intelligence, demand for electronic devices such as wearables, smart speakers, home automation, etc. are expected to increase, which will have a positive influence on the graphene market.
Graphene has high strength and low mass, thus making it ideal for use as a reinforcing agent in composites. Graphene can also be added to metals, polymers, and ceramics to create composites that are conductive and resistant to heat and pressure. Graphene-based composites could be used in medical implants, aerospace components, automotive, and others. For instance, in January 2020, Orbex, a UK-based, low-cost orbital launch services company, has developed a rocket called “Orbex Prime”, using 3D-printed engines and a carbon fiber-and-graphene body.
In line with the environmental regulations and improved performance, the demand for lightweight materials is expected to increase during the review period.
Market Restraint:
While producing graphene, toxic chemicals are used at high temperatures, which are harmful to human health. Scientists claim that graphene has ultra-sharp edges, which can easily pierce cell membranes in human lung, skin and immune cells and can cause potential damage. Inhalation and exposure to graphene can result in severe health issues such as chronic injury, translocation of lung lymph nodes, mutations, and cancers, among many others.
Thus, toxicity associated with inhalation and exposure of graphene is a key restraining factor.
The report on the graphene market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) Volume (Kiloton) |
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Segments Included |
Product Type and Application |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Graphene Market, by Product Type
Graphene Market, by Application
Graphene Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. High Demand for Graphene in Electronics Application
4.2.2. Use of Graphene in Composites & Coatings
4.3 Restraint
4.3.1 Adverse Health Effects of Graphene
4.4 Opportunities
4.4.1. Increasing R&D Investment in Graphene-based Products
4.4.2. Widening Scope of Application
4.5 Challenges
4.5.1. Challenges Associated with the Mass Production of Graphene
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL GRAPHENE MARKET BY PRODUCT TYPE, Market Size in USD Million and Kiloton (2019-2027)
6.1 Introduction
6.2 Graphene Oxide
6.3 Graphene Nanoplatelets
6.4 Pristine Graphene
6.5 Mono-layer & Bi-layer
6.6 3D Graphene Foam
6.7 Others
7 GLOBAL GRAPHENE MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019-2027)
7.1 Introduction
7.2 Electronics Components
7.3 Composites & Coatings
7.4 Energy Harvesting & Storage
7.5 Biomedical
7.6 Membranes
7.7 Others
8 GLOBAL GRAPHENE MARKET BY REGION, Market Size in USD Million and Kiloton (2019-2027)
8.1 North America
8.1.1 US
8.1.2 Canada
8.1.3 Mexico
8.2 Europe
8.2.1 Germany
8.2.2 France
8.2.3 Italy
8.2.4 UK
8.2.5 Russia
8.2.6 Spain
8.2.7 The Netherlands
8.2.8 Belgium
8.2.9 Poland
8.2.10 Turkey
8.2.11 Rest of Europe
8.3 Asia-Pacific
8.3.1 China
8.3.2 Taiwan
8.3.3 Japan
8.3.4 India
8.3.5 South Korea
8.3.6 Thailand
8.3.7 Australia & New Zealand
8.3.8 Indonesia
8.3.9 Rest of Asia-Pacific
8.4 Middle East and Africa
8.4.1 Saudi Arabia
8.4.2 UAE
8.4.3 South Africa
8.4.4 Israel
8.4.5 Rest of Middle East & Africa
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Peru
8.5.4 Chile
8.5.5 Rest of South America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Market Ranking/Share Analysis of Key Companies
9.3 Company Benchmarking
10 COMPANY PROFILES
10.1 Archer Materials
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products/Solutions/Services Offered
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.2 Haydale Graphene Industries Plc
10.3 Talga Resources Ltd.
10.4 First Graphene Limited
10.5 ZEN Graphene Solutions
10.6 Graphenea Inc.
10.7 NanoXplore Inc.
10.8 XG Sciences, Inc.
10.9 Directa Plus PLC
10.10 Applied Graphene Materials PLC
10.11 Bedimensional S.p.a.
10.12 Versarien PLC.
10.13 Other Key Companies
11 APPENDIX
11.1 Key Industry Expert Insights
11.2 Primary Discussion Guide
11.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain