According to the latest report by IMARC Group “Graphene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global graphene market size reached US$ 90.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1001.1 Million by 2027, exhibiting a CAGR of 44.9% during 2022-2027.
Graphene refers to a monolayer of carbon atoms, which are tightly bound in a hexagonal honeycomb lattice. It exhibits high thermal and electrical conductivity, permeability, electron mobility and mechanical strength. As a result, it acts as a building block for other graphitic materials and is widely utilized in the energy, defense, medical, electronics and aerospace industries across the globe. Some of the commonly available forms of graphene are graphene films, sheets, nanoribbons, nanoplatelets and graphene oxide.
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Graphene nanoplates are employed in the electronics industry for enhancing the physical properties of polymer materials, such as thermoplastics, thermoset composites, natural and synthetic rubber, paints, coatings and elastomers. Additionally, graphene films find extensive application in the manufacturing of protective coatings, which are further used in batteries, smartphones and flexible electronic devices. Apart from this, the escalating demand for lightweight and renewable materials around the world is also strengthening the market growth. Furthermore, leading manufacturers are focusing on research and development (R&D) activities to enhance the thermal and electrical conductivity properties of graphene. This is projected to bolster the graphene market growth in the coming years.
Breakup by Type:
- Mono-layer & Bi-layer Graphene
- Few Layer Graphene (FLG)
- Graphene Oxide (GO)
- Graphene Nano Platelets (GNP)
Breakup by Application:
- Transparent Electrodes
- Integrated Circuits
Breakup by End-Use Industry:
- Electronics and Telecommunication
- Bio-medical and Healthcare
- Aerospace and Defense
Market 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 with Key Player:
- ACS Material LLC
- Angstron Materials Inc.
- CVD Equipment Corporation
- Grafoid Inc.
- G6 Materials Corp.
- Graphene NanoChem PLC
- Graphenea S.A.
- Haydale Graphene Industries Plc
- Vorbeck Materials Corp.
- XG Sciences Inc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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