Graphene Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2028

Increasing R&D activities and rising demand for graphene from the automotive and aerospace industries are some of the key factors driving market revenue growth.

According to Emergen Research, the global graphene market is expected to reach USD 614.7 million in 2020, with a revenue CAGR of 20.4% during the forecast period. The rapid increase in research and development activities and initiatives, as well as rising demand for graphene from the automotive and aerospace industries, are major factors driving global graphene market revenue growth. A large number of colleges, research institutions, and businesses are focusing on graphene materials research and development in order to commercialise graphene and develop cost-effective production technologies.

Graphene-based supercapacitors excel at providing short bursts of energy, which could be useful in the development of electric supercars. As a result, the product demand is expected to grow at an exponential rate. The lack of uniform standards for the production and quality of graphene and graphene-based products is expected to be a major barrier to meaningful commercial product adoption. Furthermore, the high costs of product manufacturing limit market growth.

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Furthermore, due to remarkable properties such as good electrical and thermal conduction, high electron mobility, permeability, and heat resistance, the graphene market is primarily driven by the electronics industry. This qualifies the product to develop technologically advanced equipment in response to changing customer demands. As it is widely used in mobile phones and laptop computers, growth indicators from the electronics and semiconductor industries will drive market demand.

Furthermore, rising demand for low-density, low electrical conductivity, durability, and high strength materials used in aircraft bodies is expected to drive demand for graphene-based composites. Supercapacitors are battery alternatives with significantly higher power densities. They can also work at extremely low temperatures.

Graphene Market Competitive Landscape:

Graphenea S.A., NanoXplore Inc., Directa Plus S.p.A., Haydale Graphene Industries plc, Ningbo Morsh Technology Co., Ltd., Nanjing XFNANO Materials Tech Co., Ltd., Jiangsu Cnano Technology Co., Ltd., 2-DTech Ltd, Global Graphene Group, and Xiamen Knano Graphene Technology Co., Ltd.

Graphene Market Segmentation:

Emergen Research has segmented the global graphene on the basis of type, product, application, end-use, and region:

Type Outlook (Volume Tons, Revenue, USD Million; 2018–2028)

Monolayer Graphene

Bulk Graphene

Product Outlook (Volume Tons, Revenue, USD Million; 2018–2028)

Graphene Oxide

Graphene Nanoplatelets

Others

Application Outlook (Volume Tons, Revenue, USD Million; 2018–2028)

Electronics

Composites

Catalyst

Energy Storage & Harvesting

Tires

Paints and Coatings

Others

End-Use Outlook (Volume Tons, Revenue, USD Million; 2018–2028)

Aerospace

Automotive

Electronics & Telecommunication

Defense

Healthcare

Energy

Others

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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