Graphene Market Gears Up for a 20.5% CAGR Ride in 2024-30

 


Market Overview: Global Graphene Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Graphene Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Graphene Market Insights 2024-30

The Global Graphene Market size is estimated to grow at a CAGR of around 20.5% during the forecast period, i.e., 2024-30.

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Top Players in the Graphene Market:

  • Graphenea S.A.
  • Carbon Rivers
  • Haydale Limited
  • ACS Materials LLC
  • Applied Graphene Materials plc
  • Advanced Graphene Products
  • Versarien Plc
  • Applied Nanotech, Inc.
  • NanoXplore Inc.
  • Directa Plus S.p.A
  • Grafoid Inc.
  • Global Graphene Group
  • The Sixth Element (Changzhou) Materials Technology Co. Ltd.
  • First Graphene
  • Thomas Swan & Co.
  • Graphmatec
  • Others

Segmentation Analysis of Graphene Market

Graphene Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By Product

  • Graphene Nanoplatelets (GNP)
  • Mono-Layer & Bi-Layer Graphene
  • Graphene Oxide
  • Others (Bulk Graphene, Graphene Nanoribbons, etc.)

Graphene oxide dominates the market owing to its growing application in transparent conductive films, like the ones used for flexible electronics, solar cells, chemical sensors, etc. Graphene oxide is even studied as a tin-oxide (ITO) replacement in batteries and touch screens. Further, graphene oxide is generally more cost-effective to produce than graphene. The cost advantage makes graphene oxide an attractive option for applications where the specific properties of graphene are not mandatory, leading to increased adoption. Additionally, it is easier and more economical than other types; this simplified production process contributes to the feasibility of mass production, making it a practical choice for various industries.

Moreover, graphene oxide's suitability as an electrode material extends its application to diverse energy storage devices, including batteries, supercapacitors, and solar cells. This broad range of potential applications across the energy sector is anticipated to increase its demand & dominance during the forecast period.

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-By Application

  • Composites- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Catalysts- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Coatings- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Sensors- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Radio Frequency Identification (RFID) - Market Size & Forecast 2019-2030, (Kilo Tons)
  • Energy Storage- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Others (Water Filtration, Food Packaging, etc.)- Market Size & Forecast 2019-2030, (Kilo Tons)

-By End User

  • Biomedical & Healthcare- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Electronics- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Telecommunication- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Automotive- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Aerospace & Defense- Market Size & Forecast 2019-2030, (Kilo Tons)
  • Energy- Market Size & Forecast 2019-2030, (Kilo Tons) - Market Size & Forecast 2019-2030, (Kilo Tons)
  • Others (Water Treatment, etc.) - Market Size & Forecast 2019-2030, (Kilo Tons)

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A Comprehensive Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia Pacific

The Asia-Pacific region is anticipated to hold a major share of the Global Graphene Industry during the forecast period. The dominance is attributed to the region's significant role in shaping graphene demand, given the presence of numerous manufacturers and consumers. The escalating production volumes across diverse sectors such as automobile, marine, defense, and aerospace are anticipated to be key drivers for the graphene industry in the region throughout the forecast period.

Furthermore, favorable government policies and strong support for research and development for novel applications of graphene are crucial drivers in the Asia-Pacific region. Governments, especially in countries like China, India, and Japan, have implemented initiatives to encourage investments and advancements in graphene technologies.

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 120.5 diverse industrial verticals.

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