DUBLIN, Jan. 17, 2022 /PRNewswire/ -- The "Graphene Market Research Report: By Form, Application - Global Industry Analysis and Revenue Estimation to 2030" report has been added to ResearchAndMarkets.com's offering.
The global graphene market revenue is predicted to witness a 30.2% CAGR between 2020 and 2030, to reach $1,188.8 million by 2030 from $84.7 million in 2020.
The demand for this form of carbon is booming due to:
- Rising Consumption in Electrical & Electronics Sector: The high strength and good electrical conductivity of graphene make it ideal for printed circuits, transistors, and microchips. Further, graphene is used in flexible electronics as it allows such devices to be folded and rolled. Hence, with the growing electrical & electronics industry owing to people's rising purchasing power, the consumption of graphene will boom.
- New Applications in Medical Sector: The growing medical sector is another key reason for the advance of the graphene market as many new healthcare-related applications for this material have been developed in recent years. Due to its high strength and low thickness, graphene is increasingly being used to manufacture bioelectric sensors, such as those that monitor the hemoglobin, cholesterol, and glucose levels. Other emerging applications of this material in the medical sector include dental implants, prostheses, therapeutic tools, and even oncology.
The COVID-19 pandemic has somewhat boosted the graphene market because of the usage of this material in the coating of facemasks, the sales of which skyrocketed last year and still continue to be high. Further, graphene nanomaterials are being experimented upon for usage in combination with medications, nano-adjuvants, vaccine carriers, and other molecules, to improve the biocompatibility of such materials. Hence, with the rising production of vaccines during the pandemic, the demand for graphene has surged.
The fastest growth in the graphene market, based on form, will be seen in the powder category in the coming years. Powdered graphene is widely consumed during the production of storage batteries and sensors and in printing technologies. Further, the material is easier to handle as a powder than as flakes or dispersion, which makes this form popular.
The electrical & electronics category dominated the application segment of the graphene market in the past. On account of its high mechanical strength and appreciable electrical conductivity, graphene is being used for flexible displays, touchscreen coatings, precise sensors, and many other products.
Asia-Pacific (APAC) is the largest graphene market presently, and it will also witness the highest CAGR in the coming years. China accounts for a high-volume consumption of this carbon form, especially in its electrical & electronics, energy, and medical sectors. Further, graphene is finding application in the main body frames of lightweight aircraft and automobiles, majorly in China and India.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Form
4.1.1.1 Powder
4.1.1.2 Dispersion
4.1.1.3 Others
4.1.2 By Application
4.1.2.1 Electrical & electronics
4.1.2.2 Composites
4.1.2.3 Energy
4.1.2.4 Biomedical
4.1.2.5 Others
4.2 Manufacturing Process of Graphene
4.3 Various Applications of Graphene
4.4 Market Dynamics
4.4.1 Trends
4.4.1.1 Commercialization of graphene
4.4.2 Drivers
4.4.2.1 Rapidly increasing demand for graphene for electrical & electronics applications
4.4.2.2 Rising new applications of graphene in medical sector
4.4.2.3 Impact analysis of drivers on market forecast
4.4.3 Restraints
4.4.3.1 Significantly high cost of production
4.4.3.2 Difficulty in mass production
4.4.3.3 Impact analysis of restraint on market forecast
4.4.4 Opportunities
4.4.4.1 Rise in R&D activities for new applications
4.5 Impact of COVID-19 on Graphene Market
Chapter 5. Global Market Size and Forecast
5.1 By Form
5.2 By Application
5.3 By Region
Chapter 6. North America Market Size and Forecast
6.1 By Form
6.2 By Application
6.3 By Country
Chapter 7. Europe Market Size and Forecast
7.1 By Form
7.2 By Application
7.3 By Country
Chapter 8. APAC Market Size and Forecast
8.1 By Form
8.2 By Application
8.3 By Country
Chapter 9. RoW Market Size and Forecast
9.1 By Form
9.2 By Application
9.3 By Country
Chapter 10. Major Markets
10.1 U.S.
10.2 China
10.3 India
10.4 Germany
10.5 U.K.
Chapter 11. Competitive Landscape
11.1 Market Share Analysis of Key Players
11.2 Competitive Benchmarking of Key Players
11.3 List of Other Players
11.4 Strategic Developments
11.4.1 Partnerships, Collaborations, and Joint Ventures
11.4.2 Product Launches
11.4.3 Others
Chapter 12. Company Profiles
12.1 The Sixth Element (Changzhou) Materials Technology Co. Ltd.
12.2 Angstron Materials Inc.
12.3 Deyangene Carbon Technology Co. Ltd.
12.4 Ningbo Moxi Technology Co. Ltd.
12.5 Xiamen Knano Graphene Technology Co. Ltd.
12.6 XG Sciences Inc.
12.7 Applied Graphene Materials plc
12.8 2-DTech Graphene
12.9 Graphenea S.A.
12.10 ACS Material LLC
12.11 NanoXplore Inc.
12.12 Thomas Swan & Co. Ltd.
12.13 Vorbeck Materials
Chapter 13. Company Profiles of Other Players
13.1 2D Carbon Graphene Material Co. Ltd.
13.2 Ad-Nano Technologies Private Limited
13.3 AMO GmbH
13.4 First Graphene Ltd.
13.5 G6 Materials Corp.
13.6 Graphene Leaders Canada Inc.
13.7 Graphene-XT
13.8 Haydale Graphene Industries plc
13.9 Nanjing XFNANO Materials Tech Co. Ltd.
13.10 Talga Resources Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/1j32r7
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