Graphene Market overview opportunities and forecast by companies consumer upto 2027




 Market Overview

Grapheneis a single-layer of atoms, tightly bound in hexagonal honeycomb lattice. It is the lightest material, thinner than paper, and stronger than steel. It finds applications in composites and coatings, electronics, biomedical, membranes, sensors, and energy. In addition to this, graphene is considered as an efficient catalyst in the chemical industry, owing to its properties such as high surface area and adsorption capacities. Increasing demand for chemicals globally is expected to increase demand for graphene and thereby drive the global graphene market growth. For instance, according to the ‘European Chemical Industry Council’, global sales of chemicals grew by 4.6% from US$ 3,714.57 billion in 2016 to the turnover of US$ 3,884.48 billion in 2017.

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Market Dynamics

Among product type, in 2018 graphene nanoflakes segment contributed for more than half of the revenue share in the overall graphene market across the globe. Whereas, CVD (Chemical Vapor Deposition) Films segment is projected to grow at fastest CAGR of 45.8% during the forecast period (2019-2027). Key players functioning in global graphene market are focused on expanding their business, in order to meet increasing demand from end-use industry. For instance, in February 2019, Grolltex, Inc., a nano materials & products company, completed its capacity expansion at its CVD graphene monolayer fabrication facility in San Diego, California and increased its production to 30,000 eight-inch wafer equivalents per year. The company states that this is the only commercial CVD monolayer graphene production facility in California and it is the largest capacity plant of its kind in the U.S.

Based on application, global graphene market is segregated into composites, conductive films & inks, energy, transistors, and others. Others segment includes application of graphene in biosensors and as a chemical catalyst. For instance, according to a paper, ‘Self‐healable Multifunctional Electronic Tattoos Based on Silk and Graphene’, published by Advanced Functional Materials Journal in February 2019, a self-healing, biocompatible, and multifunctional electronic tattoo (e-tattoo) was developed by incorporating graphene with silk fibroin/Ca2+ films, which was designed to act as biosensor.

Detailed Segmentation:

  • Global Graphene Market, By Product Type:

    • Graphene Nanoflakes

      Graphene Oxide

      CVD Films

      Others

  • Global Graphene Market, By Application:

    • Composites

      Conductive Films & Inks

      Energy

      Transistors

      Others

Key companies covered as a part of this study include, Graphensic AB, BGT Materials Limited, Graphenea SA, Graphene Square Inc., ACS Material, LLC, Chongqing Moxi Technology Co., Ltd, Grolltex Inc., CealTech AS, Thomas Swan & Co. Ltd, and XG Sciences Inc.

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