Global Graphene Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Graphene Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Graphene is a material in which carbon atoms connected by sp² hybrids are closely packed into a single-layer two-dimensional honeycomb lattice structure. Graphene is a single-atom-thick film composed of carbon atoms arranged in a hexagonal honeycomb, like a net, and is considered a quasi-two-dimensional material. Graphene has excellent optical, electrical and mechanical properties. It has important application prospects in materials science, micro-nano processing, energy, biomedicine and drug delivery, and is considered to be a revolutionary material in the future.

Market Overview:

The latest research study on the global Graphene market finds that the global Graphene market reached a value of USD 353.98 million in 2022. It’s expected that the market will achieve USD 3771.64 million by 2028, exhibiting a CAGR of 48.34% during the forecast period.

The epidemic has spawned new demands for graphene applications.

In 2020, with the new crown pneumonia epidemic, the importance of medical and health care has been further highlighted. Based on its superior performance, graphene has shown broad application prospects in the medical and health field and brought new market demands. Enwang New Material Technology Co., Ltd., in cooperation with Chang Gung University of Tsinghua University, Jiangsu Graphene Innovation Center and many other units, developed graphene anti-fog phototherapy goggles, obtained medical device registration certificate, and carried out clinical application in many first-line hospitals. It is expected that with the normalization of the epidemic, people's awareness of health care will become stronger, and the application of graphene in the general health and medical fields is expected to continue to expand. The market capacity of graphene masks, graphene heating products, graphene medical devices, graphene carbon packages and other products is expected to continue to expand.

The downstream application market demand continues to grow.

With the increasing investment in the research and development of graphene over the years, the types of downstream products of graphene have become more and more extensive, and the application fields have become more and more extensive. Including construction, automotive, aerospace, batteries, coatings, metals and plastics. Due to its enhanced capabilities, it has shown great potential as a substitute for carbon nanotubes. Graphene coatings are used in various batteries, conductors and generators to improve energy efficiency and overall equipment performance. Other applications include graphene such as graphene inks, coatings, and catalyst smart packaging. The demand for the application market of downstream products continues to grow, driving the development of the graphene market.

Reducing production costs and simplifying the production process is also a challenge.

Since the manufacturing process of graphene is cost-intensive and time-consuming, mass production of high-quality and defect-free graphene is still a constraint for all graphene manufacturers. It is difficult to maintain quality and expand the scale of graphene production at the same time. If there are any defects in the graphene single-layer carbon network, the conductivity, transparency, thermal conductivity, and impermeability of graphene will be compromised, thereby affecting the quality of graphene. The CVD process is used to produce high-quality single-layer and few-layer graphene, which is difficult to produce on a large scale. These factors limit the large-scale production of graphene, leading to higher production costs. Therefore, reducing production costs and simplifying production processes are also a challenge for the graphene industry.

Region Overview:

In global comparison, a significant portion of the revenue was generated in East Asia (36.43% in 2021).

Company Overview:

Group Nanoxplore Inc. is one of the major players operating in the Graphene market, holding a share of 5.31% in 2021.

Group Nanoxplore Inc.

NanoXplore is a graphene company. A manufacturer and supplier of high-volume graphene powder for use in industrial markets. They provide standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, pipe, film, electronics, and other industrial sectors.

Thomas Swan & Co., Ltd.

Thomas Swan & Co. Ltd. is a leading independent manufacturer of performance and fine chemicals. The company produces more than 100 products in quantities ranging from kilograms to multiple tons, and provides experienced and flexible customized manufacturing services.
Thomas Swan’s Advanced Materials division is a global leader and innovator in the R&D and manufacturing of Graphene and other 2D-nanomaterials.

Segmentation Overview:

Among different product types, Multi-layer Graphene (MLG) segment is anticipated to contribute the largest market share in 2027.

Monolayer Graphene

Monolayer Graphene refers to a two-dimensional carbon material composed of a layer of carbon atoms that are periodically and closely packed in a hexagonal honeycomb structure.

Few-layer Graphene (FLG)

Few-layer Graphene (FLG) refers to a two-dimensional carbon composed of 2-10 layers of carbon atoms periodically and closely packed in a hexagonal honeycomb structure stacked in different stacking methods (including ABC stacking, ABA stacking, etc.) material.

Multi-layer Graphene (MLG)

Multi-layer Graphene (MLG) refers to a two-dimensional stacking of carbon atoms in a hexagonal honeycomb structure with a thickness of more than 10 layers and less than 10 nm in different stacking methods (including ABC stacking, ABA stacking, etc.) Carbon material.

Application Overview:

The market's largest segment by application is the segment Energy, with a market share of 41.05% in 2021.

Key Companies in the global Graphene market covered in Chapter 3:

Group Nanoxplore Inc.
Grafoid Inc.
2D Carbon Tech Inc., Ltd.
Graphenea Sa
Moxi Group
The Sixth Element Group
Xg Sciences Inc.
Graphene Nanochem Plc
Global Graphene Group
Knano
Thomas Swan & Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Graphene market from 2018 to 2029 is primarily split into:

Monolayer Graphene
Few-layer Graphene (FLG)
Multi-layer Graphene (MLG)
Graphene Nano Platelets (GNP)
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Graphene market from 2018 to 2029 covers:

Electronics
Composites
Energy
Coatings
Sensors
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)