Global Graphene Market Size Study & Forecast, By Type (Mono-layer & Bi-layer Graphene, Few Layer Graphene (FLG)., Graphene Oxide (GO), Graphene Nano Platelets (GNP)), By Application (Radio Frequency Identification (RFID), Composites, Sensors, Research & Development, Energy storage, Functional ink, Polymer additives, Tire, Coatings, Others), and Regional Analysis, 2023-2030
Global Graphene Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Graphene, which is a single-atom-thick layer of carbon atoms arranged in a honeycomb-like nanostructure, is catalyzing major progress in the aerospace industry. Its application in the production of various coatings and composite materials for drones, helicopters, airplanes, and spacecraft is transforming the field. By enhancing mechanical properties, graphene enables the production of thinner materials while concurrently reducing overall weight, thereby contributing to the optimization of aerospace technologies. Moreover, the growing demand in the electronic industry, increasing R&D activities, and growing demand from the aerospace and automotive industries are anticipated to create a lucrative demand for the market during the forecast period 2023-2030.
Additionally, with the increasing demand for smaller, faster, and more efficient electronic devices, graphene's properties make it an attractive choice of material for use in transistors, sensors, displays, and other electronic components. According to the India Brand Equity Foundation, the manufacturing of electronic hardware in the country surged to USD 60.13 billion in 2018. Projections indicate that by 2024, the demand for electronic hardware in India is anticipated to reach USD 400 billion. Also, the National Investment Promotion and Facilitation Agency of the Indian government further notes that the domestic market for electronic gadgets is poised to surpass USD 300 billion by 2026. As a result, the growing electronic demand is anticipated to support the market growth. Moreover, the cohesive government support and funding, and increasing biomedical applications are anticipated to create a lucrative opportunity for the market. However, the negative environmental impact and difficulty in mass production stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Graphene Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing demand for lightweight and high-performance materials, growing investments in clean energy technologies, and presence of key market players. Whereas, the Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as growing demand from end-use industries, and advancements in manufacturing techniques in the region.
Major market players included in this report are:Graphenea S.A.
XG Sciences
CVD Equipment Corporation
Bluestone Global Tech
Vorbeck Materials
G6 Materials
Graphene Nanochem Plc
Haydale Limited
Nanotek Instruments, Inc.
Acs Material Llc
Recent Developments in the Market: In February 2023, Global Graphene Group disclosed that Honeycomb Battery Company, its subsidiary specializing in advanced battery technologies, has entered into a business combination agreement with Nubia Brand International Corp. This agreement aims to facilitate the joint development of battery materials. It is anticipated that Honeycomb Battery Company will leverage graphene supplied by Global Graphene Group for this collaborative effort. As a result, these collaborative efforts signify a concerted push towards leveraging graphene's unique properties to address the evolving needs of the battery industry, thereby fostering growth and innovation in the Graphene Market.
Global Graphene Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Type:
Mono-layer & Bi-layer Graphene
Few Layer Graphene (FLG)
Graphene Oxide (GO)
Graphene Nano Platelets (GNP)
By Application:
Radio Frequency Identification (RFID)
Composites
Sensors
Research & Development
Energy storage
Functional ink
Polymer additives
Tire
Coatings
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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