Graphene Market Information- by Type (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Few Layer Graphene (FLG), Mono-Layer & Bi-Layer Graphene, and Others), by End Use Industry (Automotive, Aerospace, Pharmaceutical, Energy, Coatings, Electronics, Chemical, and Others) and by Region - Forecast till 2027

Graphene Market Overview

Graphene Market is expected to grow at a higher CAGR of 39.45% during the forecasted period of 2020- 2027 to account for a higher market value of approximately USD 942.4 million by 2027.

The allotrope of carbon including diamond and graphite has a large area under the fields of high technology and nanomaterial. The single layer of carbon atoms is largely a two-dimensional hexagonal lattice, which is strong covalent bonds. Also, the use of graphene in the end-user industry facilitating considerable development in technology. The research and development in the graphene market for further expansion provide growth opportunities in the graphene market.

COVID 19 Analysis

The global pandemic of the COVID 19 situation has adverse effects on the normal working of people. The outbreak of this global pandemic wave has engulfed the population in a battle between financial crises and health concerns. This pandemic situation has pushed the economies towards forced recession. Owing to the lockdown situation most of the manufacturing units automotive industry aerospace industry, transportation, and automotive industry, and electronic industry resulted in a steep downfall of sales revenue of the graphene market. The supply chain networks of the graphene market are also disrupted during this pandemic situation.

However, the graphene market in the global market is expected to recover from this pandemic situation by the end of the second quarter of the coming year.

Market Dynamics

Drivers

The demand for the graphene market is increasing at a constant rate in the global market. This is because graphene is largely used in the automotive and transportation industry for volume purposes. Various components of the automotive industry like anti-breaking systems, tires, automotive batteries, composite structural components, and various others increase the demand for the global market. The growth of the automotive industry in various regions like the North American region, Asia-Pacific region, European region, and many others directly increases the sales of the market.

Opportunities

Owing to the increasing research and development in the market by various researchers and government, universities, and various other organizations provides various growth opportunities in the graphene market in the global market. Also, the increasing growth of the automotive industry in the Latin American region and the Middle East and African region during the forecasted period provides growth opportunities in the graphene market in the global market.

Restraints

The demand for graphene market in the global market is increasing rapidly but some factors restraint the market. The mass manufacturing of defect-free graphene and high-quality graphene is the major restraint that hinders the growth of the graphene market in the global market as it is a time-consuming and cost-effective affair. Also, the lack of standardization due to diversification is another factor that hinders the growth of the market.

Value Chain Analysis

The demand for graphene market in the global market is increasing tremendously in the global market owing to various benefits associated with it and hence adds value to society. The use of the graphene market in the aerospace industry and transportation industry increases the demand for the market.

Market Segmentation

The graphene market in the global market has been divided based on the various major heads like type, end-users, and region.

Based on the Type

The graphene market in the global market has been divided based on the type into 3D graphene foams, pristine graphene, monolayer graphene, and bi-layer graphene, few-layer graphene (FLG), graphene nanoplatelets (GNP), graphene oxide (GO), and many others.

Based on the End-Users

The graphene market in the global market has been divided based on the end-users into chemical industry, electronics industry, coatings industry, energy sector, pharmaceutical industry, aerospace industry, automotive industry, and others (adhesives, filtration, catalysts, composite).

Based on the Region

The graphene market in the global market has been divided based on the region into Asia-Pacific region, North American region, Latin American region, European region, and the Middle East and African region.

Regional Analysis

The graphene market in the global market has been divided based on the region into Asia-Pacific region, North American region, Latin American region, European region, and the Middle East and African region. The largest market share in the graphene market in the global market is held by the North American region owing to increasing demand for a different end-user market like aerospace industry and electronics industry in countries like the US, Mexico, and Canada in the North American region.

The second-largest market share in the graphene market in the global market is held by the fastest-growing region named Asia-Pacific region owing to increasing demand for the chemical industry, aerospace industry, automotive industry, and various other industries in countries like South Korea, India, Japan, and China. The third-largest market share in the graphene market in the global market is held by the European region owing to the presence of various powerful countries like France, Italy, and Germany in this region. Demand for graphene is increasing owing to the increasing in the automotive industry in the European region.

The Middle East and African region along with the Latin American region also show a steady growth of the graphene market because of the increasing use of graphene in the pharmaceutical industry, aerospace industry, electronic industry, coatings industry, energy sector, and other industries.

Competitive Landscape

The most prominent major key players in the graphene market in the global market are mentioned below:

• CVD Equipment Corporation (U.S.)


• Vorbeck Materials (U.S.)


• Graphene NanoChem (U.K.)


• XG Sciences, Inc. (U.S.)


• Angstron Materials, Inc. (U.S.)


• Graphene Laboratories, Inc. (U.S.)


• BGT Materials Limited, Ltd (U.K.)


• Graphena Inc. (U.S.)


• Grafoid Inc (North America)


• Haydale Limited (U.K.)

These major key players in the graphene market use various strategies to sustain their market position in the global market by developing a new production process, developing a new product, innovation in the existing product, mergers, and acquisitions, collaborating, setting a new joint venture, establishing a partnership, and many other strategies to expand their customer base in the untapped market in the global market.

Recent Developments

• In September 2017, a new product line of graphene dispersion has been started by the Nanjing XFNANO Materials Co., Ltd. for operating with a 1,000 tons capacity per year. This will help the company in an expansion program at a large scale for increasing the production of graphene powder and dispersion.


• In September 2018, Continental Structural Plastics (USA) has been acquired by NanoXplore Inc. by the way of a fully owned subsidiary RMC Advanced Technologies Inc. This will help the company to expand its sales, marketing, and production line in the USA to cater to the increasing demand in the USA.


• In December 2020, S11 and S12, the two new graphene-based sensors were introduced by the Graphene SA under its GEFT sensing product line. The introduction of both these sensors will help in the expansion of the sensing product line of Graphenea SA.


• The largest market share in the graphene market in the global market is held by the North American region owing to the increasing growth of the aerospace industry, and the automotive industry in various countries like Mexico, Canada, and the US, and hence the North American region dominate in the global market.

Report Overview

This global graphene market research report consists of the following elements:

• Market Overview


• COVID 19 Analysis


• Market Dynamics


• Value Chain Analysis


• Market Segmentation


• Regional Analysis


• Competitive Landscape


• Recent Developments

This global graphene market research report contains various factors that drive the growth of the global market along with factors that restrict the growth of the graphene market in the global market. Various global opportunities available during the forecasted period in the market are mentioned. The impact of the global pandemic of COVID 19 on the market is mentioned. The future growth of the market in the global market is estimated and mentioned.

Users

Graphene manufacturers, traders, and distributors of graphene, production process industries, potential investors, raw material suppliers, nationalized laboratory, and others.

Report Scope:

Report Attribute/Metric	Details
Market Size	2027: USD 942.4 million
CAGR	39.45% (2020-2027)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type and End Use Industry
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	CVD Equipment Corporation (U.S.), Vorbeck Materials (U.S.), Graphene NanoChem (U.K.), XG Sciences, Inc. (U.S.), Angstron Materials, Inc. (U.S.), Graphene Laboratories, Inc. (U.S.), BGT Materials Limited, Ltd (U.K.), Graphena Inc. (U.S.), Grafoid Inc (North America), Haydale Limited (U.K.)
Key Market Opportunities	The mass manufacturing of defect-free graphene and high-quality graphene
Key Market Drivers	increasing at a constant rate automotive and transportation industry for volume purposes

Frequently Asked Questions (FAQ) :

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