Graphene Market
The Graphene Market is set to attain a valuation of USD 895.6 million by 2026, registering a CAGR of 40.0%. With one single layer of carbon atoms arranged in a hexagonal lattice, it is the thinnest and most robust material. The high thermal and electrical conductivity of this material, together with other features consisting of high permeability and high mobility of electrons, has created tremendous interest in the material and its applications. The applications of graphene are widespread in several industries including electronics, bio-medical & healthcare, composites, energy, and aerospace & defence.
Key participants include in Graphene Market are:
CVD Equipment Corporation, Graphene Nanochem PLC, 2D Carbon Tech Inc., Ltd., Haydale Graphene Industries PLC, Group Nanoxplore Inc., Thomas Swan & Co. Ltd., Vorbeck Materials, XG Sciences Inc., and Grafoid Inc. among others.
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Market Drivers
The major driving force for the development of the graphene market is the increasing demand for protective coatings on flexible electronic devices and smartphones. The material is anticipated to observe raised penetration in various existing products comprising sensors, semiconductors, and energy storage & generation devices. Also, government initiatives to increase investments in research and development activities are boosting the market.
Technology Cause Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
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Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Based on the regional analysis, the market is segmented into:
North America occupied around 35% of the global market in 2018 with a growth rate of 40.0% in the forecast period. Presence of several players in the market in this region with intense research and development capabilities is expected to develop new growth opportunities in the forecast period.
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