Global Graphene Nanoplatelets Market to Reach $1.6 Billion by 2030
The global market for Graphene Nanoplatelets estimated at US$200.3 Million in the year 2023, is expected to reach US$1.6 Billion by 2030, growing at a CAGR of 35.1% over the analysis period 2023-2030. Energy & Power Application, one of the segments analyzed in the report, is expected to record a 36.6% CAGR and reach US$709.6 Million by the end of the analysis period. Growth in the Composites Application segment is estimated at 35.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $66 Million, While China is Forecast to Grow at 33.6% CAGR
The Graphene Nanoplatelets market in the U.S. is estimated at US$66 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$265.5 Million by the year 2030 trailing a CAGR of 33.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 31.5% and 29.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 24.1% CAGR.
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