Graphene Market Research Report - Forecast to 2027

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

ID: MRFR/CnM/2201-HCR | February 2021 | Region: Global | 140 pages

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) :


    The graphene market in the global market is expected to grow at a higher CAGR of 39.45% during the forecasted period.

    The graphene market is expected to account for a higher market value of approximately USD 942.4 million during the forecasted period

    The North American region holds the largest market share in the graphene market in the global market.

    The top market players in the graphene market are CVD Equipment Corporation, BGT Materials Limited, Ltd, Graphena, Inc., and many others.

    1 Executive Summary

    2 Scope of The Report

    2.1 Market Definition

    2.2 Scope of The Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Graphene Market

    5 Industry Overview of Global Graphene Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    5.5 Impact analysis

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Graphene Market by Region

    8. Global Graphene Market by Type (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Few Layer Graphene (FLG), Mono-Layer & Bi-Layer Graphene, and Others)

    9. Global Graphene Market by End User (Automotive, Aerospace, Pharmaceutical, Energy, Coatings, Electronics, Chemical, and Others)

    10. Company Landscape

    11. Company Profiles

    11.1 CVD Equipment Corporation

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Vorbeck Materials

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Graphene NanoChem

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 XG Sciences, Inc.

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Angstron Materials, Inc

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Graphene Laboratories, Inc.

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 BGT Materials Limited, Ltd

    11.8.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Graphenea Inc.

    11.8.1 Company Overview

    11.8.2 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Grafoid Inc

    11.8.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Haydale Limited

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12 Conclusion

    LIST OF TABLES

    Table 1 World Population by Major Regions (2020 To 2030) (USD Million)

    Table 2 Global Graphene Market: By Region, 2020-2027 (USD Millions)

    Table 3 North America Graphene Market: By Country, 2020-2027 (USD Millions)

    Table 4 Europe Graphene Market: By Country, 2020-2027 (USD Millions)

    Table 5 Asia-Pacific Graphene Market: By Country, 2020-2027 (USD Millions)

    Table 6 RoW Graphene Market: By Country, 2020-2027 (USD Millions)

    Table 7 Global Graphene by Type Market: By Regions, 2020-2027 (USD Millions)

    Table 8 North America Graphene by Type Market: By Country, 2020-2027 (USD Millions)

    Table 9 Europe Graphene by Type Market: By Country, 2020-2027 (USD Millions)

    Table10 Asia-Pacific Graphene by Type Market: By Country, 2020-2027 (USD Millions)

    Table11 RoW Graphene by Type Market: By Country, 2020-2027 (USD Millions)

    Table12 North America Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table13 Europe Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table14 Asia-Pacific Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table15 RoW Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table16 Global Graphene for End User Market: By Region, 2020-2027 (USD Millions)

    Table17 North America Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table18 Europe Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table19 Asia-Pacific Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table20 RoW Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table21 RoW Graphene for End User Market: By Country, 2020-2027 (USD Millions)

    Table22 Global Type Market: By Region, 2020-2027 (USD Millions)

    Table23 Global End User Market: By Region, 2020-2027 (USD Millions)

    Table24 North America Graphene Market, By Country (USD Millions)

    Table25 North America Graphene Market, By Type (Million USD)

    Table26 North America Graphene Market, By End User (Million USD)

    Table27 Europe: Graphene Market, By Country (USD Millions)

    Table28 Europe: Graphene Market, By Type (USD Millions)

    Table29 Europe: Graphene Market, By End User (USD Millions)

    Table30 Asia-Pacific: Graphene Market, By Country (USD Millions)

    Table31 Asia-Pacific: Graphene Market, By Type (USD Millions)

    Table32 Asia-Pacific: Graphene Market, By End User (USD Millions)

    Table33 RoW: Graphene Market, By Country (USD Millions)

    Table34 RoW Graphene Market, By Type (USD Millions)

    Table35 RoW: Graphene Market, By End User (USD Millions)

    LIST OF FIGURES

    FIGURE 1 Global Graphene Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Graphene Market

    FIGURE 4 Value Chain of Global Graphene Market

    FIGURE 5 Share of Global Graphene Market in 2020, by country (in %)

    FIGURE 6 Global Graphene Market, 2020-2027, (USD Million)

    FIGURE 7 Sub-segments of End Users

    FIGURE 8 Global Graphene Market size by End User, 2020

    FIGURE 9 Share of Global Graphene Market by End User, 2020-2027

    FIGURE 10 Global Graphene Market size by Type, 2020

    FIGURE 11 Share of Global Graphene Market by Type, 2020-2027