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Graphene Market 2021 Industry- Emerging Trend, Top Players, Revenue Insights to 2025

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Rahul Sharma
Graphene Market 2021 Industry- Emerging Trend, Top Players, Revenue Insights to 2025

The global graphene market was valued at USD 23.7 million in the year 2015 and is estimated to grow at a CAGR of 36.7% over the forecast period. Graphene is extracted from graphite ore and is approximately 100 times stronger than steel. The product can conduct heat and electricity efficiently.

Key Players:

The major players in this industry are Directa Plus, Graphene Laboratories Inc., Haydale Graphene Industries PLC., 2D Carbon Tech Inc., Xiamen Knano Graphene Technology Corp. Ltd., Nanoxplore Inc., Graphene Nanochem PLC. Haydale and Graphene Laboratories Inc.

 

Request free sample to get a complete analysis of top-performing companies: https://www.millioninsights.com/industry-reports/graphene-market/request-sample

 

Growth Drivers:

 

Growing electronics industry is expected to drive the market in the near future. Two major graphene-based products, oxide and nano-platelets are primarily used in electronic devices and goods. Its superior properties such as high electron mobility and permeability has resulted in making it one of the most important materials in the energy, composite and electronic sectors. In 2015, nano-platelets dominated the market trailed by oxide. These products are primarily used in touch screens in mobile phones and numerous other nanotechnology applications.

 

Application Insights

 

Electronics industry dominated the application segment in the year 2015. The product is broadly used in this industry owing to its high strength and conduction property. Graphene is also used in making laptop circuit boards and personal computers apart from touch screens for mobile phones and tablets. It can also be used as a semiconductor on account of its low thickness. The growing demand from Asia Pacific region is driving the electronics industry. Although, increasing markets for tablets, smart phones, HD TVs are further presumed to fuel the global electronics industry.

 

In terms of revenue, composite was estimated as the second largest application accounting for 36% in 2016. These composites have the ability to enhance the conductivity and strength of bulk materials. Composites have applications in numerous industries which consist of engineering materials, aerospace and medical implants. The product is also used widely in applications in sports including F1 racing and lawn tennis.

 

Product Insights

 

Nanoplatelets was the largest segment of all products and accounted for over 50% in the year 2015. Nanoplatelets are small stacks of graphene, with thickness varying from 1 to 15 nanometers. By adding small proportions of nanoplatelets, polymers such as plastic or rubber can be made conductive. These platelets can be used as electrical and thermal conductors in numerous applications owing to the high barrier and mechanical properties including stiffness and surface hardness.

 

Browse Detailed Research Insights with Table of Content: https://www.millioninsights.com/industry-reports/graphene-market

 

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