NEW
YORK, May 16, 2024 /PRNewswire/ -- The
global graphene market size is estimated to
grow by USD 773.01 mn from 2023-2027,
according to Technavio. The market is estimated to grow at a CAGR
of 34.07% during the forecast period.
For more insights on the forecast market size and historic data
(2017 - 2021) - Download Free sample report in a
minutes
Forecast
period
|
2023-2027
|
Base Year
|
2022
|
Historic
Data
|
2017 - 2021
|
Segment
Covered
|
Product (Graphene
nanoplatelets, Graphene oxide, Reduced graphene oxide, and Others),
End-user (Electronics, Energy, Composites, Automotive, and Others),
and Geography (APAC, North America, Europe, South America, and
Middle East and Africa)
|
Region
Covered
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
2D Carbon Graphene
Material Co. Ltd., ACS Material, Advanced Graphene Products SA,
Applied Graphene Materials PLC, CVD Equipment Corp., Directa Plus
PLC, First Graphene Ltd., G6 MATERIALS Corp., Global Graphene
Group, Grafoid Inc., Graphene Platform Corp., Grolltex Inc.,
Haydale Graphene Industries plc, Nanograf Corp., NanoXplore Inc.,
Thomas Swan and Co. Ltd., Vorbeck Materials Corp., and XG Sciences
Inc.
|
Key Market Trends Fueling Growth
Graphene, a carbon-based structure and "wonder material," is a
key player in various industries, including OLEDs, solar cells,
touchscreens, and nanotechnology research. Its applications extend
to medical devices, conductive inks, energy, and biomedical
technologies. In the medical field, graphene nanomaterials, such as
graphene nanoplatelets and reduced graphene oxide, are utilized in
drug delivery, DNA sequencing, and cancer treatment. The latter
involves absorbing infrared light, enhancing radiological
treatments and reducing side effects. Additionally, graphene is
employed in wastewater treatment, paints and coatings, electronic
components, solar panels, defense, industrial automotive,
transportation, and energy storage.
Market Challenges
• The production
of high-quality, large-scale graphene at a low cost for various
industries, including tires, aerospace, military and defense,
carbon allotrope for drones, helicopters, planes, and spaceship
manufacturing, is a significant challenge. Graphene's quality is
crucial as impurities and defects impact its electronic and optical
properties. Single-crystalline graphene thin films with superior
optical transparency and high electrical and thermal conductivities
are essential for electronic applications. The CVD process is the
primary method to produce such large-sized samples. Graphene's
applications span various sectors, including mechanical properties,
flexibility, conductivity, antibacterial and antiviral efficacy,
protective equipment, drug delivery solutions, bio-sensors,
electronics, energy, logistics, raw materials, chemical sensors,
electrolyte-gated arrangements, field-effect transistors (FETs),
photodetectors, batteries, capacitors, lithium technology, graphene
film, and touch screens.
Research report provides comprehensive data on impact of trend,
driver and challenges - Buy Report
Segment Overview
This graphene market report extensively covers market
segmentation by
- Product
- 1.1 Graphene nanoplatelets
- 1.2 Graphene oxide
- 1.3 Reduced graphene oxide
- 1.4 Others
- End-user
- 2.1 Electronics
- 2.2 Energy
- 2.3 Composites
- 2.4 Automotive
- 2.5 Others
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Graphene nanoplatelets- The graphene
nanoplatelets market segmentation by product finds significant
applications in various industries, including tires, aerospace,
military and defense, and transportation. As a carbon allotrope,
graphene nanoplatelets offer superior mechanical properties,
flexibility, and conductivity, making them ideal for use in drones,
helicopters, planes, and spaceship manufacturing. In the energy
sector, graphene nanoplatelets are utilized in batteries,
capacitors, and lithium technology due to their high electrical and
thermal conductivity. Moreover, graphene nanoplatelets exhibit
antibacterial and antiviral efficacy, making them suitable for
protective equipment and drug delivery solutions. In the
electronics sector, they are used in bio-sensors, chemical sensors,
electrolyte-gated arrangements, field-effect transistors (FETs),
photodetectors, and photon flux sensors. Operating wavelength range
and photoelectric sensors also benefit from the addition of
graphene nanoplatelets. Indium-tin-oxide (ITO) and transparent
conductors are enhanced by graphene nanoplatelets due to their high
electrical conductivity and lightweight nature. Graphene foam,
graphene film, and Indium tin oxide are used in touch screens and
tablet computers. The mobility and electric field properties of
graphene nanoplatelets make them suitable for use in
semiconductors. Overall, graphene nanoplatelets offer numerous
benefits to various industries, including improved mechanical
properties, flexibility, conductivity, and enhanced
functionalities.
For more information on market segmentation with geographical
analysis including forecast (2023-2027) and historic data (2017 -
2021) - Download a Sample Report
Research Analysis
The graphene market encompasses a wide range of industries,
including industrial automotive and transportation. This carbon
allotrope, known for its remarkable mechanical properties,
flexibility, and conductivity, is finding extensive applications in
composites for enhancing the performance of vehicles. In addition,
the aerospace sector, including drones, helicopters, planes, and
spaceship manufacturing, is leveraging graphene for its lightweight
and strong properties in coatings. The wonder material is also
making strides in the medical industry, with applications in
biomedical technologies, energy storage, and wastewater treatment.
Graphene oxide, reduced graphene oxide, and graphene nanoplatelets
are some of the forms of graphene being explored for these
applications. Carbon nanotubes and silicon are often used in
conjunction with graphene to enhance its properties. The market for
graphene is expected to grow significantly due to its potential use
in batteries, paints, and other emerging technologies.
Market Research Overview
The Graphene market encompasses the production, application, and
sale of graphene and its derivatives. This material, known for its
exceptional strength and conductivity, is gaining significant
attention due to its potential uses in various industries. These
include electronics, energy, composites, and coatings, among
others. The market is driven by the increasing demand for
lightweight, high-performance materials and the growing recognition
of graphene's unique properties. The market is expected to grow at
a robust pace, fueled by ongoing research and development efforts
and the expanding scope of applications for this versatile
material. Transformative technologies, such as 3D printing and
nanotechnology, are also contributing to the market's growth by
enabling new production methods and applications.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Graphene Nanoplatelets
- Graphene Oxide
- Reduced Graphene Oxide
- Others
- End-user
-
- Electronics
- Energy
- Composites
- Automotive
- Others
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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