Global Graphene Market by Product (Nanoplatelets, Oxide), by Application (Electronics, Composites, Energy) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global graphene market was valued at USD 78.7 millions in 2019, and is projected to grow at a 38.7% CAGR between 2020-2027. The product demand is expected to rise due to increasing demand for lightweight, renewable and durable materials. Graphene's excellent product characteristics such as high thermal and electrical conductivity, high electron mobility, and high permeability are expected to increase its application range. Market growth is expected to continue with a rise in product penetration in various applications, including energy storage, sensors, and semiconductors.

In 2019, the U.S. was the dominant North American market for graphene and will continue to be the leader over the forecast period. Due to increased focus on research and developing, the U.S. market has seen a lot of collaborations between manufacturers and research institutions in recent years. This country is a major exporter of graphene-based products.

Due to the rise in export taxes, graphite prices have fluctuated in the market over the past few years. The fluctuations in graphite prices have not had a significant effect on product prices as a single graphite mine is capable of producing sufficient raw material to make graphene.

Market growth is expected to be driven by the increasing adoption of renewable energy in various sectors around the world. Additionally, strict regulations that are imposed by different governments to reduce carbon emissions will likely drive product demand for energy storage applications.

Overcapacity by Chinese manufacturers is the hallmark of this industry. There has been a significant imbalance between supply and demand in the market. This will likely adversely affect the bargaining power suppliers. The market has been affected by aggressive production from Chinese manufacturers. Therefore, the market is likely to see a decline in supplier power over the forecast period.

Product Insights

Graphene microplatelets will see a significant increase in demand due to their wide variety of applications in different sectors, including electronics and aerospace. This segment is projected to grow by USD 303.4 millions over the forecast period.

Graphene dioxide is a critical product due to its many applications, including transparent conductive film for various supercapacitors and smartphones, optoelectronic device, and medical devices. Its superior product characteristics, such as high thermal and electric conductivity, permeability and transparency, play an important role in driving its demand.

Multi-layer graphene, and reduced graphene dioxide are two other graphene-based products. These products can be used in a variety of applications, including coatings and inks. Graphene-based composites are expected to have a major impact on the aerospace and automotive industries over the next few decades due to their superior product characteristics, such as lightweight and strength.

Application Insights

The 36.0% global graphene market share was held by the electronics application segment in 2019. It is expected to show significant growth in the future due to its many applications in semiconductors and transistors as well as capacitors and sensors. Due to an increase in manufacturing activities, the segment will see growth in emerging Asian economies.

Composites applications are a major market for graphene products. Graphene is used in a variety of industries including automotive, construction, batteries, coatings and metals . It has high potential to replace carbon nanotubes due to its enhanced capabilities.

The growth of electrochemical energy storage solutions is expected to be driven by the product in energy sector. These storage solutions include electrochemical capacitors and lithium ion batteries during the forecast period. To improve the energy efficiency and overall performance of various batteries, conductors and generators, graphene coatings can be used.

Other uses include automotive, graphene inks and coatings, as well as catalysts smart packaging and graphene inks. For DNA analysis, graphene conductive coatings and inks are increasingly being used. Graphene is used in medical device coatings to increase their efficiency and performance.

Regional Insights

Europe was the dominant market player in 2019, accounting for 33.1% revenue share. It is expected to continue its strong growth in the future due to rising R&D investments. The market is expected to be benefited by the investment in potential and emerging technologies made possible by the European Research Council (ERC).

A number of small- and medium-sized manufacturers dominate the North American market. These manufacturers have strong distribution and supplier networks. This plays an important role in the value-chain due to the responsibility of distributors and suppliers to keep their customers loyal.

Asia Pacific will see the fastest CAGR at 39.9% during the forecast period. This is due to the large number of consumers and manufacturers in the region. The forecast period will see an increase in regional product demand due to increased production in different sectors, including aerospace, defense, and marine.

The market in the rest is expected to see slower growth over the forecast period than other regions. This is due to poor government policies, overproduction and poor performance in different countries. Graphene will remain a crucial material due to its superior properties.

Market Share in Graphene

Market share is concentrated in the market by key players. The market is dominated by key players such as Xiamen Knano Graphene Technology Co. Ltd., ACS Material and 2-D Tech. This trend is expected to continue for the forecast period. The market is dynamic and fiercely competitive due to the presence small- and medium-sized manufacturers. To gain a competitive edge, the key players emphasize R&D investments as well as product innovation.

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends in each sub-segment from 2016 to 2027. Grand View Research has divided the graphene market report by product, region, and application.

• Product Outlook (Volume and Tons; Revenue USD Million, 2016-2027)

  • Graphene Nanoplatelets

  • Graphene Oxide

  • Other

• Application Outlook (Volume and Tons; Revenue USD Million, 2016-2027)

  • Electronics

  • Composites

  • Energie

  • Other

• Regional Outlook ( Volume and Tons; Revenue USD Million, 2016-2027)

  • North America

    • The U.S.

  • Europe

    • Spain

    • The U.K.

  • Asia Pacific

    • China

    • India

  • Rest of the World

These are the most frequently asked questions about this report

b. Global graphene market was valued at USD 78.7 Million in 2019, and is forecast to grow to USD 107.4 Million in 2020.

b. Global graphene demand is expected to rise at a compound annual growth rate 38.7% between 2020 and 2027, reaching USD 1,079.2 by 2027

b. With a 33.1% share in 2019, Asia Pacific was the dominant region for graphene. Over the forecast period, the region's product demand will be driven by increased production in several sectors, including aerospace, defense, marine and aerospace.

b. Xiamen Knano Graphene Technology Co. Ltd., ACS Material and 2-D Tech are some of the key players in the graphene industry.

b. b.

Up Market Research published a new report titled “Graphene Market research report which is segmented by Product (Nanoplatelets, Oxide), by Application (Electronics, Composites, Energy), By Players/Companies Angstron Materials, 2-D Tech, Ltd, Xiamen Knano Graphene Technology Co, ACS Material”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Graphene Market Report Segments:

The market is segmented by Product (Nanoplatelets, Oxide), by Application (Electronics, Composites, Energy).

Graphene Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Graphene Market

Overview of the regional outlook of the Graphene Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Graphene Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Graphene Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Nanoplatelets

                2. Oxide

                1. Electronics

                2. Composites

                3. Energy

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Graphene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Graphene Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.