Graphene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global graphene market size reached US$ 100 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,540 Million by 2028, exhibiting a growth rate (CAGR) of 47.8% during 2023-2028.
Graphene can be defined as an allotrope of carbon element that has the thickness of only one atom and is arranged in a honeycomb-shaped lattice. It exhibits high thermal and electrical conductivity, along with high mechanical strength, permeability and electron mobility. Some of the most commonly available forms of graphene include graphene sheets, films, nanoribbons, nanoplatelets and graphene oxide. They are used with other gases and metals to form materials with superior properties, which are further used in the manufacturing of batteries, transistors, computer chips, supercapacitors, water filters, touch panels, coatings, composites and solar cells. Apart from this, it finds extensive applications across various industries, including medical, electronics, energy, defence and aerospace.
Graphene Market Trends:
Rapid industrialization and increasing demand for lightweight, flexible and renewable materials across the globe are among the key factors driving the growth of the market. Furthermore, the integration of nanotechnology within the electronics industry is also providing a boost to the market growth. Graphene nanoplatelets are used to enhance the physical properties of various polymer materials, including natural and synthetic rubber, thermoplastic and thermoset composites, paints, coating and elastomers. Graphene films are being increasingly utilized in the manufacturing of protective coatings on flexible electronic devices, batteries and smartphones, which is contributing to the market growth. Other factors, including extensive research and development (R&D) activities to improve the thermal and electrical conductivity properties, along with immense utilization of graphene for manufacturing lightweight sports equipment, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global graphene market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end-use industry.
Breakup by Type:
Mono-layer & Bi-layer Graphene
Few Layer Graphene (FLG)
Graphene Oxide (GO)
Graphene Nano Platelets (GNP)
Others
Breakup by Application:
Batteries
Supercapacitors
Transparent Electrodes
Integrated Circuits
Others
Breakup by End-Use Industry:
Electronics and Telecommunication
Bio-medical and Healthcare
Energy
Aerospace and Defense
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ACS Material, LLC, Global Graphene Group, Inc., CVD Equipment Corporation, Grafoid Inc., G6 Materials Corp. (Graphene 3D Lab Inc.), Graphene Nanochem plc, Graphenea Inc., Haydale Graphene Industries plc, Vorbeck Materials Corp., and XG Sciences Inc.
Key Questions Answered in This Report:
How has the global graphene market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global graphene market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-use industry?
What are the various stages in the value chain of the market?
What are the key driving factors and challenges in the market?
What is the structure of the global graphene industry and who are the key players?
What is the degree of competition in the market?
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