The global Graphene market size is expected to be worth around US$ 5.6 billion by 2030, according to a new report by Vision Research Reports.
The global Graphene market size was valued at US$ 95.4 million in 2020 and is anticipated to grow at a CAGR of 44.2% during forecast period 2021 to 2030.
|Market Size||US$ 5.6 billion by 2030|
|Growth Rate||CAGR of 44.2% From 2021 to 2030|
|Largest Market||Asia Pacific|
|Forecast Period||2021 to 2030|
|Segments Covered||Material, Application|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Angstron Materials, Inc.; ACS Material, LLC; BGT Materials Ltd.; CVD Equipment Corp..; Directa Plus SpA; Grafoid Inc.; Graphenea; Graphene NanoChem; NanoXplore Inc.; G6 Materials Corp.; XGSciences; Thomas Swan & Co. Ltd.; 2D Carbon Graphene Material Co., Ltd.; Graphene Industries plc; Applied Graphene Materials (AGM)|
The growing research activities in graphene-based energy storage technologies coupled with the rising use of graphene in membrane separation are projected to benefit the market growth. Key application areas of graphene include electronics, biomedical technologies, energy storage, composites & coatings, and water & wastewater treatment. Growing focus on miniaturization is one of the primary factors driving graphene research across the globe. Graphene exhibits the potential to revolutionize the semiconductor industry owing to its conductivity and extremely thin nature.
Lack of viable, cost-effective mass production technology happens to be the major bottleneck restraining the full-fledged adoption of graphene. There have been continuous efforts for research and development to enhance the quality of the materials produced and develop superior graphene nanoplatelets and graphene oxide films.
By Material Analysis
The graphene nanoplatelets material segment led the market in 2020 with a revenue share of more than 42%. The major properties of graphene nanoplatelets including lightweight, mechanical properties, and superior thermal and electrical conductivities, coupled with low cost and easy manufacturing process are likely to benefit the segment growth.
Graphene oxide is widely used in a range of applications including transparent conductive films for various smartphones, supercapacitors, optoelectronic devices, flexible electronic devices, and medical devices. Its superior properties including superior thermal and electrical conductivity, transparency, permeability, and strength play a major role in boosting its demand.
By Application Analysis
The composites application segment led the market and accounted for more than 41% of the global revenue share in 2020. Composite materials are formed by harnessing the potential of graphene with existing products. Graphene-based composites are used to enhance the quality and performance of sporting equipment in skiing, cycling, and others.
The energy sector is another key application segment in this market owing to the wide scope of application of graphene-based components in energy storage and energy generation. Graphene coatings are used in various batteries, conductors, and generators to improve energy efficiency and the overall performance of the device.
By Regional Analysis
Asia Pacific dominated the market and accounted for over 35% share of global revenue in 2020 owing to the high product demand across industries, such as automotive, marine, defense, and aerospace. In addition, the booming industrial sector in the region is projected to fuel the market growth in Asia Pacific.
These manufacturers have a wide distribution and supplier network, which plays an important role in the value chain owing to the responsibility of the distributors and suppliers to maintain a loyal customer base for their manufacturers.
Angstron Materials, Inc.
ACS Material, LLC
BGT Materials Ltd.
CVD Equipment Corp.
Directa Plus SpA
G6 Materials Corp.
Thomas Swan & Co. Ltd.
2D Carbon Graphene Material Co., Ltd.
Haydale Graphene Industries plc
Applied Graphene Materials (AGM)
Reduced Graphene Oxide
Rest of the World
The Graphene market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Graphene market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Graphene market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Graphene market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Graphene market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Graphene capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Graphene by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Graphene market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Graphene market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Graphene market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Graphene industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Graphene market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Graphene market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Graphene market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Graphene market. These factors have benefited the growth of the global market for Graphene. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Graphene. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Graphene are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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