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    India Graphene Market

    ID: MRFR/CnM/45615-HCR
    200 Pages
    Chitranshi Jaiswal
    October 2025

    India Graphene Market Research Report By Type (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Few Layer Graphene (FLG), Mono-Layer & Bi-Layer Graphene, Others) and By End User (Automotive, Aerospace, Pharmaceutical, Energy, Coatings, Electronics, Chemical, Others)- Forecast to 2035

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    India Graphene Market Infographic
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    India Graphene Market Summary

    The India Graphene market is projected to grow significantly from 5.76 USD Million in 2024 to 14.4 USD Million by 2035.

    Key Market Trends & Highlights

    India Graphene Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate of 8.69 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 14.4 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 5.76 USD Million, reflecting the current interest in graphene applications.
    • Growing adoption of advanced materials due to increasing demand for lightweight and high-strength composites is a major market driver.

    Market Size & Forecast

    2024 Market Size 5.76 (USD Million)
    2035 Market Size 14.4 (USD Million)
    CAGR (2025-2035) 8.69%

    Major Players

    Thermo Fischer Scientific, Applied Graphene Materials, Newrographene, Nanoparticles, Haydale Graphene Industries, CVD Equipment Corporation, Sprimar, Graphene Nanochem, Angstron Materials, Gratomic, Nanotech Energy, Bangalore Solder, Graphene India, Astarte Technologies, Graphene Innovate

    India Graphene Market Trends

    The India Graphene Market is witnessing promising growth as a result of multiple key market drivers. The potential of graphene is attracting the attention of Indian manufacturers because of its use in advanced materials for electronics, automotive, and energy storage. Government efforts stimulate research and development in nanotechnology. Organizations such as the Department of Science and Technology are accelerating innovation by funding research related to graphene. Recently, the development of graphene's use in coatings, composites, and battery technologies has attracted both domestic and foreign investments.

    The untapped opportunity lies in sustainable technology where graphene can significantly contribute to increasing energy efficiency and environmental sustainability. These initiatives demonstrate the Indian government's promises of supporting renewable energy and electric vehicles, which can be further enhanced with graphene-based solutions. In addition, the combination of academic research and business helps can bring innovation to reality by turning research into commercial products. Recent trends show growing interest in sustainable methods of producing graphene, which aligns with India’s efforts toward sustainable development.

    With the self-reliant policies like ‘Atmanirbhar Bharat’ being implemented for technology and manufacturing sectors, there is a drastic enhancement in the domestic graphene market. Thus, cultivating an area where both established companies and new startups can exploit the potential based on innovative and advanced graphene solutions. The domestic graphene market has an exceptional promise for India’s forthcoming developments.

    Market Segment Insights

    India Graphene Market Segment Insights

    India Graphene Market Segment Insights

    Graphene Market Type Insights

    Graphene Market Type Insights

    The India Graphene Market is characterized by its diverse Type segments, which include Graphene Oxide, Graphene Nanoplatelets, Few Layer Graphene, Mono-Layer and Bi-Layer Graphene, and Others. Each of these types plays a pivotal role in the ongoing advancements and applications of graphene in various industries. Graphene Oxide (GO), for instance, is significant due to its excellent dispersibility in water and other solvents, making it crucial for applications in coatings, inks, and advanced materials.

    On the other hand, Graphene Nanoplatelets (GNP) are valued for their high surface area and electrical conductivity, which are essential in fields like electronics and composites, propelling innovations in the manufacturing of lightweight and high-strength materials.

    Few Layer Graphene (FLG) serves as an intermediary between monolayer and bulk graphene, balancing properties and cost, thus finding substantial utility in energy storage applications such as batteries and supercapacitors. The Mono-Layer and Bi-Layer Graphene types, known for their superior electrical and thermal properties, are particularly crucial in electronic applications, validating the significance of these forms in the burgeoning semiconductor industry. Other types reported in the market allow researchers and manufacturers to explore various functionalities and mixtures for customized applications, thus broadening the scope of graphene's utility.

    As the Indian government encourages research and development in nanotechnology and material sciences, the demand for these graphene types is expected to increase significantly. The market has also seen a growing interest in collaborations between educational institutions and industry leaders, which enhances the innovation landscape and pushes forward the limits of what is technologically possible with graphene. With applications ranging from renewable energy solutions to advanced medical devices, each type of graphene holds the potential to contribute to a more sustainable and technologically advanced society in India.

    Graphene Market End User Insights

    Graphene Market End User Insights

    The End User segment of the India Graphene Market is emerging as a pivotal area with diverse applications that cater to various industries. In the automotive sector, the incorporation of graphene is enhancing lightweight materials, which leads to increased fuel efficiency and reduced emissions. The aerospace industry is leveraging graphene for its strength-to-weight ratio, aiming for higher performance in aircraft designs. In pharmaceuticals, graphene is revolutionizing drug delivery systems, enabling targeted therapies that promise improved patient outcomes. The energy sector is benefiting from graphene's conductive properties, paving the way for advancements in battery technologies and renewable energy sources.

    Coatings utilizing graphene provide superior durability and resistance to environmental factors, enhancing product longevity across applications. The electronics market is witnessing innovations in flexible and transparent electronic devices, thanks to graphene's unique properties. In addition, the chemical industry is exploring graphene's potential for catalysis and material enhancement. Overall, each application underscores the importance of graphene in driving innovation and efficiency within these sectors, signaling robust market growth. The diverse utilization of graphene across these industries in India showcases significant opportunities for development and collaboration, reflecting a strong trend towards integrating advanced materials in everyday products.

    Get more detailed insights about India Graphene Market

    Key Players and Competitive Insights

    The India Graphene Market presents significant competitive insights as it continues to evolve with burgeoning interest from various sectors, including electronics, automotive, and energy. The market is characterized by a rapidly growing base of companies aiming to harness the unique properties of graphene, leading to increased research and development activities. As India increasingly positions itself as a hub for innovative materials, several players aim to capitalize on the applications of graphene in coatings, batteries, and composite materials. The competitive landscape is influenced by local startups and established global companies, fostering a dynamic environment driven by technological advancements and strategic collaborations.

    The market competitiveness is further enhanced by government initiatives promoting advanced materials and sustainable technologies, encouraging investment and attracting foreign entities. Thermo Fischer Scientific stands out in the India Graphene Market due to its robust product offerings and extensive research capabilities. The company's strength lies in its established reputation for quality and precision in material characterization equipment. By providing specialized analytical tools for graphene studies, Thermo Fischer Scientific plays a crucial role in enabling researchers and manufacturers to explore graphene's potential effectively.

    Additionally, their local presence allows them to establish strong customer relationships and provide tailored solutions that address the unique needs of Indian researchers and industries. The company's commitment to innovation and adherence to high-quality standards has reinforced its position within the competitive landscape of the Indian graphene sector, making it a go-to partner for numerous organizations seeking to enhance their graphene-related efforts. Applied Graphene Materials has carved out a notable presence in the India Graphene Market with a focus on developing graphene-based products for diverse applications, particularly in the coatings and construction sectors.

    Their key offerings include graphene dispersions that enhance the performance and durability of coatings, providing significant value to industries in India looking for innovative solutions to improve product efficacy. The company's strength lies in its continuous research and development initiatives aimed at expanding graphene applications and formulating next-generation materials. Furthermore, Applied Graphene Materials is actively involved in collaborations and partnerships to facilitate growth and broaden its market reach in India.

    While there may be limited public information on any recent mergers or acquisitions, the ongoing strategic alliances reflect the company's dedication to strengthening its market position and maintaining a competitive edge in this rapidly evolving industry.

    Key Companies in the India Graphene Market market include

    Industry Developments

    There have been significant developments in the India Graphene Market, driven by increased government focus on nanotechnology and advanced materials. Research institutions and companies like Therma Fischer Scientific and Graphene India are actively participating in government initiatives, enhancing domestic production capabilities. Recent partnerships between Graphene Nanochem and local universities are fostering innovation in graphene applications for electronics and energy storage. In September 2023, Bangalore Solder announced its plans to enter the graphene market with new products aimed at the electronics sector, indicating a growing interest in this space.

    Mergers and acquisitions have also marked the landscape, notably the acquisition of Newrographene by Nanoparticles in August 2023, a move that aims to bolster their production facilities. The market sees strong growth potential, driven by rising demand for graphene in various industries such as automotive, energy, and aerospace. Institutions such as the Department of Science and Technology are supporting graphene research, leading to increased funding and collaboration opportunities. As companies like Haydale Graphene Industries and CVD Equipment Corporation expand their footprints in India, the country is set to emerge as a significant player in the global graphene market.

    Market Segmentation

    Graphene Market Type Outlook

    • Graphene Oxide (GO)
    • Graphene Nanoplatelets (GNP)
    • Few Layer Graphene (FLG)
    • Mono-Layer & Bi-Layer Graphene
    • Others 

    Graphene Market End User Outlook

    • Automotive
    • Aerospace
    • Pharmaceutical
    • Energy
    • Coatings
    • Electronics
    • Chemical
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 4.56(USD Million)
    MARKET SIZE 2024 5.76(USD Million)
    MARKET SIZE 2035 14.4(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.687% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Thermo Fischer Scientific, Applied Graphene Materials, Newrographene, Nanoparticles, Haydale Graphene Industries, CVD Equipment Corporation, Sprimar, Graphene Nanochem, Angstron Materials, Gratomic, Nanotech Energy, Bangalore Solder, Graphene India, Astarte Technologies, Graphene Innovate
    SEGMENTS COVERED Type, End User
    KEY MARKET OPPORTUNITIES Electronics component manufacturing growth, Energy storage solutions expansion, Advanced composite materials adoption, Biomedical applications innovation, Water purification technologies development
    KEY MARKET DYNAMICS increasing demand for advanced materials, growing investments in R&D, rising applications in electronics, supportive government initiatives, expanding energy storage solutions
    COUNTRIES COVERED India

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    FAQs

    What is the projected market size of the India Graphene Market in 2024?

    The India Graphene Market is projected to be valued at 5.76 USD Million in 2024.

    What is the expected market size for the India Graphene Market by 2035?

    By 2035, the market is expected to reach a valuation of 14.4 USD Million.

    What is the anticipated compound annual growth rate (CAGR) for the India Graphene Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 8.687% from 2025 to 2035.

    Who are the major players in the India Graphene Market?

    Key players include Thermo Fischer Scientific, Applied Graphene Materials, Newrographene, and Haydale Graphene Industries.

    Which segment of the India Graphene Market is expected to have the highest growth?

    Graphene Oxide (GO) is projected to grow significantly, with a value increase to 3.6 USD Million by 2035.

    What market value does Graphene Nanoplatelets (GNP) hold in 2024?

    In 2024, Graphene Nanoplatelets (GNP) are valued at 1.28 USD Million.

    What are the expected market trends influencing the India Graphene Market?

    Emerging trends include growing applications in electronics, energy storage, and composites.

    How is the Few Layer Graphene (FLG) segment performing in terms of valuation?

    Few Layer Graphene (FLG) is valued at 1.2 USD Million in 2024 and is expected to grow to 3.0 USD Million by 2035.

    What is the expected value of the Others segment in the India Graphene Market by 2035?

    The Others segment is anticipated to reach a valuation of 4.2 USD Million by 2035.

    What factors are driving the growth of the India Graphene Market?

    Drivers include increasing demand for advanced materials and technological advancements in the field of graphene applications.

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