Global Graphene Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
The Graphene Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026.
The Graphene Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global graphene market report has been segmented on the basis of product type, application, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Graphene Market Overview:
The Graphene Market was valued at $654 million in 2021 & is projected to reach $3547 million by 2027. It is expected to grow at a 40% CAGR between 2021 and 2027.
Graphene is a carbon allotrope consisting of single-layer carbon atoms that are arranged in a honeycomb/hexagonal lattice.
Graphene is extremely thin but also one of the strongest materials. Graphene has excellent electrical properties such as high carrier mobility, high optical transparency, excellent current-carrying capability, and high mechanical strength. Owing to these properties, graphene is being considered the most promising nanomaterial, especially for optic and electronic applications.
Increasing demand for graphene for various applications in the automotive and electronics sectors is a major factor driving the growth of the global graphene market. In addition, rising investments in research and development (R&D) of graphene by major players is another factor fueling the growth of the global market.
Moreover, increasing demand for graphene from the aerospace & defense sector is expected to further propel the growth of the global market to a significant extent during the forecast period.
High manufacturing cost is a major factor hampering the growth of the global graphene market.
Government initiatives toward the use of graphene for various state projects are expected to create lucrative opportunities for major manufacturers in the global market during the forecast period. For instance, in 2017, the Ministry of Transport, Malaysia, and China's CRRC Zhuzhou Locomotive signed a million-dollar contract to supply electric trains with graphene-based super-capacitors.
The market in North America accounts for the highest revenue share in the global graphene market. The increasing adoption of graphene in automotive and aerospace & defense sectors is a major factor driving the growth of the North American graphene market.
The Europe graphene market is expected to witness significant growth and is expected to register a CAGR of X.X% over the forecast period. The Asia Pacific graphene market is expected to witness the highest growth and is projected to register a CAGR of XX.X% over the next 10 years. This growth can be attributed to rapid development in the electronics sector and the presence of key players in countries such as China, Japan, etc. in this region.
Global graphene market segmentation:
Segmentation on the basis of product type:
- Graphene Nanoplatelets
- Graphene Oxide
Segmentation on the basis of application:
- Aerospace & Defense
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Graphenea S.A.
- XG Sciences, Inc.
- Applied Graphene Materials plc
- Grafoid Inc.
- Graphene Frontiers LLC.
- Nanjing XFNANO Materials Tech Co., Ltd.
- ACS Materials LLC
- Haydale Limited
- Advanced Graphene Products Sp. z o.o.
- Applied Nanotech, Inc.
- Xiamen Knano Graphene Technology Corporation Limited
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