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.
Report Scope
Attribute |
More Details |
Estimation base year |
2019 |
Actual estimates/Historical data |
2016-2018 |
Forecast period |
2020-2027 |
Representation of the market |
Volume in Tons, Revenue in USD million and CAGR between 2020-2027 |
Regional scope |
North America, Europe and Asia Pacific, Rest of the World |
Country coverage |
U.S.A., U.K. Spain, China, India |
Report coverage |
Volume forecast, Revenue forecast. Competitive landscape. Growth factors and trends. |
15% off customization scope (equivalent of 5 analysts working day) |
We will customize the report to provide you with any additional information that you require. |
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.
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Product Outlook (Volume and Tons; Revenue USD Million, 2016-2027)
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Graphene Nanoplatelets
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Graphene Oxide
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Other
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Application Outlook (Volume and Tons; Revenue USD Million, 2016-2027)
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Electronics
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Composites
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Energie
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Other
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Regional Outlook ( Volume and Tons; Revenue USD Million, 2016-2027)
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North America
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The U.S.
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Europe
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Spain
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The U.K.
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Asia Pacific
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China
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India
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Rest of the World
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These are the most frequently asked questions about this report
What is the size of graphene's market?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.
What is graphene market growth?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
Which segment had the largest graphene market?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.
What are the major players in graphene's market?b. Xiamen Knano Graphene Technology Co. Ltd., ACS Material and 2-D Tech are some of the key players in the graphene industry.
What are the main factors that drive the graphene marketb. 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
Report Attributes | Report Details |
Report Title | Graphene Market Research Report |
By Product | Nanoplatelets, Oxide |
By Application | Electronics, Composites, Energy |
By Companies | Angstron Materials, 2-D Tech, Ltd, Xiamen Knano Graphene Technology Co, ACS Material |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 237 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
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:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Graphene Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Nanoplatelets
2. Oxide
7. By Application:1. Electronics
2. Composites
3. Energy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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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.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Graphene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Graphene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Graphene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Graphene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Graphene Market Size & Forecast, 2018-2028
4.5.1 Graphene Market Size and Y-o-Y Growth
4.5.2 Graphene Market Absolute $ Opportunity
Chapter 5 Global Graphene Market Analysis and Forecast by Product
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Product
5.1.2 Basis Point Share (BPS) Analysis by Product
5.1.3 Absolute $ Opportunity Assessment by Product
5.2 Graphene Market Size Forecast by Product
5.2.1 Nanoplatelets
5.2.2 Oxide
5.3 Market Attractiveness Analysis by Product
Chapter 6 Global Graphene Market Analysis and Forecast by Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Application
6.1.2 Basis Point Share (BPS) Analysis by Application
6.1.3 Absolute $ Opportunity Assessment by Application
6.2 Graphene Market Size Forecast by Application
6.2.1 Electronics
6.2.2 Composites
6.2.3 Energy
6.3 Market Attractiveness Analysis by Application
Chapter 7 Global Graphene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Graphene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Graphene Analysis and Forecast
9.1 Introduction
9.2 North America Graphene Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Graphene Market Size Forecast by Product
9.6.1 Nanoplatelets
9.6.2 Oxide
9.7 Basis Point Share (BPS) Analysis by Product
9.8 Absolute $ Opportunity Assessment by Product
9.9 Market Attractiveness Analysis by Product
9.10 North America Graphene Market Size Forecast by Application
9.10.1 Electronics
9.10.2 Composites
9.10.3 Energy
9.11 Basis Point Share (BPS) Analysis by Application
9.12 Absolute $ Opportunity Assessment by Application
9.13 Market Attractiveness Analysis by Application
Chapter 10 Europe Graphene Analysis and Forecast
10.1 Introduction
10.2 Europe Graphene Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Graphene Market Size Forecast by Product
10.6.1 Nanoplatelets
10.6.2 Oxide
10.7 Basis Point Share (BPS) Analysis by Product
10.8 Absolute $ Opportunity Assessment by Product
10.9 Market Attractiveness Analysis by Product
10.10 Europe Graphene Market Size Forecast by Application
10.10.1 Electronics
10.10.2 Composites
10.10.3 Energy
10.11 Basis Point Share (BPS) Analysis by Application
10.12 Absolute $ Opportunity Assessment by Application
10.13 Market Attractiveness Analysis by Application
Chapter 11 Asia Pacific Graphene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Graphene Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Graphene Market Size Forecast by Product
11.6.1 Nanoplatelets
11.6.2 Oxide
11.7 Basis Point Share (BPS) Analysis by Product
11.8 Absolute $ Opportunity Assessment by Product
11.9 Market Attractiveness Analysis by Product
11.10 Asia Pacific Graphene Market Size Forecast by Application
11.10.1 Electronics
11.10.2 Composites
11.10.3 Energy
11.11 Basis Point Share (BPS) Analysis by Application
11.12 Absolute $ Opportunity Assessment by Application
11.13 Market Attractiveness Analysis by Application
Chapter 12 Latin America Graphene Analysis and Forecast
12.1 Introduction
12.2 Latin America Graphene Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Graphene Market Size Forecast by Product
12.6.1 Nanoplatelets
12.6.2 Oxide
12.7 Basis Point Share (BPS) Analysis by Product
12.8 Absolute $ Opportunity Assessment by Product
12.9 Market Attractiveness Analysis by Product
12.10 Latin America Graphene Market Size Forecast by Application
12.10.1 Electronics
12.10.2 Composites
12.10.3 Energy
12.11 Basis Point Share (BPS) Analysis by Application
12.12 Absolute $ Opportunity Assessment by Application
12.13 Market Attractiveness Analysis by Application
Chapter 13 Middle East & Africa (MEA) Graphene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Graphene Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Graphene Market Size Forecast by Product
13.6.1 Nanoplatelets
13.6.2 Oxide
13.7 Basis Point Share (BPS) Analysis by Product
13.8 Absolute $ Opportunity Assessment by Product
13.9 Market Attractiveness Analysis by Product
13.10 Middle East & Africa (MEA) Graphene Market Size Forecast by Application
13.10.1 Electronics
13.10.2 Composites
13.10.3 Energy
13.11 Basis Point Share (BPS) Analysis by Application
13.12 Absolute $ Opportunity Assessment by Application
13.13 Market Attractiveness Analysis by Application
Chapter 14 Competition Landscape
14.1 Graphene Market: Competitive Dashboard
14.2 Global Graphene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Angstron Materials
14.3.2 2-D Tech
14.3.3 Ltd
14.3.4 Xiamen Knano Graphene Technology Co
14.3.5 ACS Material