GRAPHENE MARKET TO REACH USD 1,005 MILLION BY 2027 | CAGR 37.5% – FORENCIS RESEARCH

Graphene Market Size, Share, Trends, Growth, Analysis, Research

Global Graphene Market: Key Highlights

  • According to the new market research report Graphene Market by Product Type (Graphene Oxide, Graphene Nanoplatelets, Pristine Graphene, Mono-layer & Bi-layer, 3D Graphene Foam, Others), by Application (Electronics, Composites & Coatings, Energy Harvesting & Storage, Biomedical, Membranes, Others), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) – Global Forecast (2019 to 2027)”, the global Graphene market is estimated to reach USD 1,005 Million by 2027 at a CAGR of around 37.5% during the review period.
  • 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

Graphene Market

Global Graphene Market: Key Market Dynamics

  • Technological advancement in electronics sectors such as voice recognition and artificial intelligence, demand for electronic devices such as wearable, smart speakers, home automation, etc. are expected to increase, which will have a positive influence on the graphene market
  • Environmental regulations and improved performance coupled with demand for lightweight vehicles has expected to boost the growth of graphene market during forecasted period
  • Toxicity associated with inhalation and exposure of graphene while its production is expected to hinder the growth of product market

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Global Graphene Market: Regional Overview

  • North America

North America is expected to dominate the graphene market during the forecasted period owing to significant presence of manufacturers including XG Sciences, ACS Materials LLC, and Angstron Materials, Inc. Moreover, growing prevalence of research and development activities by institutions and universities to develop graphene for aerospace & defense, and electronic industry has expected to propel the product market growth.

  • Asia-Pacific

Asia-Pacific is accounted to hold largest share in growth of graphene market owing to the rising demand from electronics & telecommunication, and healthcare industries. The electronic manufacturing industry is expanding in emerging economies such as China, South Korea, Singapore, and Taiwan. According to United States Trade Representative (USTR), USD 4.8 billion electronic machinery has been exported to the US from Taiwan.

Global Graphene Market: Key Players Overview

  • Graphenea, Inc.:

Graphenea, Inc. is a Spain-based company, and is one of the leading graphene producers across the globe. The company offers wide range of graphene portfolio including Graphene Field-Effect-Transistors chips (GFETs), Graphene Foundry Services (GFAB) and Graphene Oxides. Graphenea Inc. is engaged in research and development of new graphene products based on customers’ requirements owing to which it has strong geographical presence in more than 60 countries across the globe. In May 2018, the company launched sale of GFETs – graphene field effect transistors with an aim to lower the barriers in adoption of graphene especially for sensor market.

  • Haydale Graphene Industries plc:

Haydale Graphene Industries plc technologies and material group which is engaged in facilitating integration of graphene and other nanomaterials for new generation of industrial materials and commercial technologies. The company offers broad range of product portfolio for composites, elastomers, eco-press, inks, functionalized nanomaterials, and silicon carbide whiskers. In November 2019, the company launched range of graphene-enhanced prepare material for lightning-strike protection and utilizing functionalized nanomaterials to improve the electrical conductivity.

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Rep Id : CM 026

Published : 2020-01-16

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