Graphene Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Graphene Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Graphene Market

The graphene market size was valued at USD 432.7 billion in 2023, and the market is now projected to grow from USD 570.3 billion in 2024 to USD 5193.2 billion by 2032, exhibiting a CAGR of 31.8% during the forecast period of 2024-2032.

A vast number of industries took a drastic forceful hit during the COVID period. But the graphene market certainly did not take any damage and proliferated with its sales soaring above the skies. Defense against COVID-19 has involved the development and application of graphene-based protective gear, medication delivery systems, biosensors, and therapy systems. These factors affected the graphene market growth.

Applications with Electronics and semiconductors are best suited for it because of its extraordinarily high electrical and thermal conductivity and lightweight design. The graphene market has been anticipated to proliferate more in the coming years due to the another major reason which is this product’s special attribute of withstanding super voltages as it mechanical durability is top-notch Because more industries are embracing electrification, this is probably going to have an impact on growth. These particular growth driving factors have been recorded to attribute the graphene market share.

As an electrolyte-gated material, graphene is an active chemical sensor. The photon flux is calculated by a graphene-based photodetector. Through the conversion of photon energy into electrical current, one can determine the photon flux. Photoelectric sensor market shares many characteristics with the market for transparent conductor indium-tin-oxide (ITO) replacements.

Comprehensive Analysis of Graphene Market

The market is divided into graphene oxide (GO), graphene nanoplatelets (GNP), and other categories based on the product. The market is divided into several end-use industries, including electronics, automotive, aerospace & military, energy, and others.

Asia Pacific is expected to be the leading region of this particular product market and is anticipated to to grow over the forecasted period and also will continue to hold the largest market share. The factors helping this region in expanding the business is the existence of significant manufacturers, increased production in all the industries.

Intense competition exists between market participants and regional and multinational firms that possess vast supply chains, regulatory expertise, and distribution networks. Graphenea (U.S.), ACS Material (U.S.), XG Sciences (U.S.), Global Graphene Group (U.S.), and Haydale Graphene Industries plc (U.K.)

In July 2023, The development of radiator heaters with less power consumption based on graphene ink was launched by Haydale and Cadent.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 14.6% from 2024 to 2032

Unit Value (USD Billion) and Volume (Units)

Segmentation By Type

Light Quadricycle (L6e)

Heavy Quadricycle (L7e)

By Application Type

Household

Commercial

By Propulsion Type

Internal Combustion Engine

Electric

By End-use

Golf

Leisure

Industrial

Others

By Price Range

Low

Medium

High

By Component

Wheels & Tires

Powertrain/Drivetrain

Body & Chassis

Suspension System

Others

By Geography

North America (By Type, Application Type, Propulsion type, End-use Type)

U.S. (By Type, Application Type, Propulsion type, End-use Type)

Canada (By Type, Application Type, Propulsion type, End-use Type)

Mexico (By Type, Application Type, Propulsion type, End-use Type)

Europe (By Type, Application Type, Propulsion type, End-use Type)

U.K. (By Type, Application Type, Propulsion type, End-use Type)

Germany (By Type, Application Type, Propulsion type, End-use Type)

France (By Type, Application Type, Propulsion type, End-use Type)

Itlay (By Type, Application Type, Propulsion type, End-use Type)

Russia (By Type, Application Type, Propulsion type, End-use Type)

Spain (By Type, Application Type, Propulsion type, End-use Type)

Sweden (By Type, Application Type, Propulsion type, End-use Type)

Belgium (By Type, Application Type, Propulsion type, End-use Type)

Finland (By Type, Application Type, Propulsion type, End-use Type)

Rest of Europe (By Type, Application Type, Propulsion type, End-use Type)

Asia Pacific (By Type, Application Type, Propulsion type, End-use Type)

China (By Type, Application Type, Propulsion type, End-use Type)

Japan (By Type, Application Type, Propulsion type, End-use Type)

India (By Type, Application Type, Propulsion type, End-use Type)

South Korea (By Type, Application Type, Propulsion type, End-use Type)

Rest of the Asia Pacific (By Type, Application Type, Propulsion type, End-use Type)

Rest of the World (By Type, Application Type, Propulsion type, End-use Type)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Key Emerging Trends
4.2. Latest Technological Advancements
4.3. Insights on Regulatory Scenario
4.4. Porters Five Forces Analysis
4.5. Key Industry Developments
4.6. Qualitative Analysis: Nitrogen-doped Graphene
4.7. Qualitative Analysis of Graphene Oxide and Graphene Nanoplatelets
4.8. Impact of COVID-19 on Global Graphene Market
5. Global Graphene Market Analysis, Insights and Forecast, 2019-2032
5.1. By Product (Value)
5.1.1. Graphene Oxide
5.1.2. Graphene Nanoplatelets (GNP)
5.1.3. Others
5.2. By End-use Industry (Value)
5.2.1. Electronics
5.2.2. Aerospace & Defense
5.2.3. Energy
5.2.4. Automotive
5.2.5. Others
5.3. By Region (Value)
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Latin America
5.3.5. Middle East & Africa
6. North America Graphene Market Analysis, Insights and Forecast, 2019-2032
6.1. By Product (Value)
6.1.1. Graphene Oxide
6.1.2. Graphene Nanoplatelets (GNP)
6.1.3. Others
6.2. By End-use Industry (Value)
6.2.1. Electronics
6.2.2. Aerospace & Defense
6.2.3. Energy
6.2.4. Automotive
6.2.5. Others
6.3. By Country (Value)
6.3.1. U.S.
6.3.1.1. By End-use Industry (Value)
6.3.1.1.1. Electronics
6.3.1.1.2. Aerospace & Defense
6.3.1.1.3. Energy
6.3.1.1.4. Automotive
6.3.1.1.5. Others
6.3.2. Canada
6.3.2.1. By End-use Industry (Value)
6.3.2.1.1. Electronics
6.3.2.1.2. Aerospace & Defense
6.3.2.1.3. Energy
6.3.2.1.4. Automotive
6.3.2.1.5. Others
6.3.3. Mexico
6.3.3.1. By End-use Industry (Value)
6.3.3.1.1. Electronics
6.3.3.1.2. Aerospace & Defense
6.3.3.1.3. Energy
6.3.3.1.4. Automotive
6.3.3.1.5. Others
7. Europe Graphene Market Analysis, Insights and Forecast, 2019-2032
7.1. By Product (Value)
7.1.1. Graphene Oxide
7.1.2. Graphene Nanoplatelets (GNP)
7.1.3. Others
7.2. By End-use Industry (Value)
7.2.1. Electronics
7.2.2. Aerospace & Defense
7.2.3. Energy
7.2.4. Automotive
7.2.5. Others
7.3. By Country (Value)
7.3.1. Germany
7.3.1.1. By End-use Industry (Value)
7.3.1.1.1. Electronics
7.3.1.1.2. Aerospace & Defense
7.3.1.1.3. Energy
7.3.1.1.4. Automotive
7.3.1.1.5. Others
7.3.2. U.K.
7.3.2.1. By End-use Industry (Value)
7.3.2.1.1. Electronics
7.3.2.1.2. Aerospace & Defense
7.3.2.1.3. Energy
7.3.2.1.4. Automotive
7.3.2.1.5. Others
7.3.3. France
7.3.3.1. By End-use Industry (Value)
7.3.3.1.1. Electronics
7.3.3.1.2. Aerospace & Defense
7.3.3.1.3. Energy
7.3.3.1.4. Automotive
7.3.3.1.5. Others
7.3.4. Italy
7.3.4.1. By End-use Industry (Value)
7.3.4.1.1. Electronics
7.3.4.1.2. Aerospace & Defense
7.3.4.1.3. Energy
7.3.4.1.4. Automotive
7.3.4.1.5. Others
7.3.5. Spain
7.3.5.1. By End-use Industry (Value)
7.3.5.1.1. Electronics
7.3.5.1.2. Aerospace & Defense
7.3.5.1.3. Energy
7.3.5.1.4. Automotive
7.3.5.1.5. Others
7.3.6. Rest of Europe
7.3.6.1. By End-use Industry (Value)
7.3.6.1.1. Electronics
7.3.6.1.2. Aerospace & Defense
7.3.6.1.3. Energy
7.3.6.1.4. Automotive
7.3.6.1.5. Others
8. Asia Pacific Graphene Market Analysis, Insights and Forecast, 2019-2032
8.1. By Product (Value)
8.1.1. Graphene Oxide
8.1.2. Graphene Nanoplatelets (GNP)
8.1.3. Others
8.2. By End-use Industry (Value)
8.2.1. Electronics
8.2.2. Aerospace & Defense
8.2.3. Energy
8.2.4. Automotive
8.2.5. Others
8.3. By Country (Value)
8.3.1. China
8.3.1.1. By End-use Industry (Value)
8.3.1.1.1. Electronics
8.3.1.1.2. Aerospace & Defense
8.3.1.1.3. Energy
8.3.1.1.4. Automotive
8.3.1.1.5. Others
8.3.2. India
8.3.2.1. By End-use Industry (Value)
8.3.2.1.1. Electronics
8.3.2.1.2. Aerospace & Defense
8.3.2.1.3. Energy
8.3.2.1.4. Automotive
8.3.2.1.5. Others
8.3.3. Japan
8.3.3.1. By End-use Industry (Value)
8.3.3.1.1. Electronics
8.3.3.1.2. Aerospace & Defense
8.3.3.1.3. Energy
8.3.3.1.4. Automotive
8.3.3.1.5. Others
8.3.4. South Korea
8.3.4.1. By End-use Industry (Value)
8.3.4.1.1. Electronics
8.3.4.1.2. Aerospace & Defense
8.3.4.1.3. Energy
8.3.4.1.4. Automotive
8.3.4.1.5. Others
8.3.5. Rest of Asia Pacific
8.3.5.1. By End-use Industry (Value)
8.3.5.1.1. Electronics
8.3.5.1.2. Aerospace & Defense
8.3.5.1.3. Energy
8.3.5.1.4. Automotive
8.3.5.1.5. Others
9. Latin America Graphene Market Analysis, Insights and Forecast, 2019-2032
9.1. By Product (Value)
9.1.1. Graphene Oxide
9.1.2. Graphene Nanoplatelets (GNP)
9.1.3. Others
9.2. By End-use Industry (Value)
9.2.1. Electronics
9.2.2. Aerospace & Defense
9.2.3. Energy
9.2.4. Automotive
9.2.5. Others
9.3. By Country (Value)
9.3.1. Brazil
9.3.1.1. By End-use Industry (Value)
9.3.1.1.1. Electronics
9.3.1.1.2. Aerospace & Defense
9.3.1.1.3. Energy
9.3.1.1.4. Automotive
9.3.1.1.5. Others
9.3.2. Rest of Latin America
9.3.2.1. By End-use Industry (Value)
9.3.2.1.1. Electronics
9.3.2.1.2. Aerospace & Defense
9.3.2.1.3. Energy
9.3.2.1.4. Automotive
9.3.2.1.5. Others
10. Middle East & Africa Graphene Market Analysis, Insights and Forecast, 2019-2032
10.1. By Product (Value)
10.1.1. Graphene Oxide
10.1.2. Graphene Nanoplatelets (GNP)
10.1.3. Others
10.2. By End-use Industry (Value)
10.2.1. Electronics
10.2.2. Aerospace & Defense
10.2.3. Energy
10.2.4. Automotive
10.2.5. Others
10.3. By Country (Value)
10.3.1. South Africa
10.3.1.1. By End-use Industry (Value)
10.3.1.1.1. Electronics
10.3.1.1.2. Aerospace & Defense
10.3.1.1.3. Energy
10.3.1.1.4. Automotive
10.3.1.1.5. Others
10.3.2. Saudi Arabia
10.3.2.1. By End-use Industry (Value)
10.3.2.1.1. Electronics
10.3.2.1.2. Aerospace & Defense
10.3.2.1.3. Energy
10.3.2.1.4. Automotive
10.3.2.1.5. Others
10.3.3. UAE
10.3.3.1. By End-use Industry (Value)
10.3.3.1.1. Electronics
10.3.3.1.2. Aerospace & Defense
10.3.3.1.3. Energy
10.3.3.1.4. Automotive
10.3.3.1.5. Others
10.3.4. Rest of Middle East & Africa
10.3.4.1. By End-use Industry (Value)
10.3.4.1.1. Electronics
10.3.4.1.2. Aerospace & Defense
10.3.4.1.3. Energy
10.3.4.1.4. Automotive
10.3.4.1.5. Others
11. Competitive Analysis
11.1. Company Market Share Analysis, By Key Players, 2023
11.2. Company Profiles
11.2.1. XG Sciences (U.S.)
11.2.1.1. Overview
11.2.1.2. Description
11.2.1.3. Production Method Portfolio
11.2.1.4. Financials (As per Availability)
11.2.1.5. Recent Developments
11.2.2. Graphenea (U.S.)
11.2.2.1. Overview
11.2.2.2. Description
11.2.2.3. Production Method Portfolio
11.2.2.4. Financials (As per Availability)
11.2.2.5. Recent Developments
11.2.3. ACS Material (U.S.)
11.2.3.1. Overview
11.2.3.2. Description
11.2.3.3. Production Method Portfolio
11.2.3.4. Financials (As per Availability)
11.2.3.5. Recent Developments
11.2.4. Global Graphene Group (U.S.)
11.2.4.1. Overview
11.2.4.2. Description
11.2.4.3. Production Method Portfolio
11.2.4.4. Financials (As per Availability)
11.2.4.5. Recent Developments
11.2.5. Applied Graphene Materials (U.K.)
11.2.5.1. Overview
11.2.5.2. Description
11.2.5.3. Production Method Portfolio
11.2.5.4. Financials (As per Availability)
11.2.5.5. Recent Developments
11.2.6. Grolltex Inc (U.S.)
11.2.6.1. Overview
11.2.6.2. Description
11.2.6.3. Production Method Portfolio
11.2.6.4. Financials (As per Availability)
11.2.6.5. Recent Developments
11.2.7. Directa Plus S.p.A (Italy)
11.2.7.1. Overview
11.2.7.2. Description
11.2.7.3. Production Method Portfolio
11.2.7.4. Financials (As per Availability)
11.2.7.5. Recent Developments
11.2.8. NanoXplore Inc. (Canada)
11.2.8.1. Overview
11.2.8.2. Description
11.2.8.3. Production Method Portfolio
11.2.8.4. Financials (As per Availability)
11.2.8.5. Recent Developments
11.2.9. Thomas Swan & Co. Ltd. (U.K.)
11.2.9.1. Overview
11.2.9.2. Description
11.2.9.3. Production Method Portfolio
11.2.9.4. Financials (As per Availability)
11.2.9.5. Recent Developments
11.2.10. First Graphene (Australia)
11.2.10.1. Overview
11.2.10.2. Description
11.2.10.3. Production Method Portfolio
11.2.10.4. Financials (As per Availability)
11.2.10.5. Recent Developments
11.2.11. Talga Group(Australia)
11.2.11.1. Overview
11.2.11.2. Description
11.2.11.3. Production Method Portfolio
11.2.11.4. Financials (As per Availability)
11.2.11.5. Recent Developments
11.2.12. Haydale Graphene Industries plc (U.K.)
11.2.12.1. Overview
11.2.12.2. Description
11.2.12.3. Production Method Portfolio
11.2.12.4. Financials (As per Availability)
11.2.12.5. Recent Developments
11.2.13. Graphite Central (U.S.)
11.2.13.1. Overview
11.2.13.2. Description
11.2.13.3. Production Method Portfolio
11.2.13.4. Financials (As per Availability)
11.2.13.5. Recent Developments
11.2.14. Other Key Players
12. Strategic Recommendations

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