Press release
North America Graphene Market to occupy more than 40% of the total industry by 2024
Graphene Market
Graphene Market size will surpass USD 200 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing product use in automotive & aerospace industries will boost the graphene market development throughout the forecast timeframe. The rising demand for light-weight and energy-efficient vehicles will fuel the industry in coming years as graphene can be used to manufacture fiber reinforced laminates that can act as a substitute for conventional automotive component materials.
Request for a Sample copy of this Report @
https://www.gminsights.com/request-sample/detail/233
These laminates help to decrease the vehicle weight without compromising on its strength and safety. Lighter vehicles have better fuel economy and help reduce the carbon footprint. Product-based electrically conductive adhesives are fast replacing conventional anti-corrosion coatings such as electrophoretic coating in vehicles. This will also propel the product market demand for the automotive industry and will augment the graphene market development till 2024.
Rising demand for lighter, faster, and fuel-efficient aircrafts will also boost the graphene market development as the product-based composites are being increasingly used for manufacturing aircraft components. Fiber-reinforced laminates, electrically conductive composites & coatings, epoxy adhesives, advanced coatings, and electrical packaging are some product-based materials that are becoming popular in the aerospace industry. The number of large commercial aircrafts is expected to rise from 1,430 units in 2016 to more than 1,680 units in 2024. This will influence the graphene market positively throughout the forecast timeframe.
Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/233
Growing R&D investments and product usage in the electronics and telecommunication sector will provide a tremendous opportunity for the graphene market development. The product can be used to manufacture high bandwidth, low noise, and high power electrical components owing to its many favorable properties. The product is already used to manufacture touch screens and memory chips for mobile phones and other electronic gadgets. Extensive research will enable the product usage in other applications in the future and will augment the graphene market development.
Graphene oxide is a key product segment in the graphene market which will account for around 40% of the total industry revenue share in 2024. The segment will grow with a CAGR above 35% in the forecast spell owing to its extensive usage in electronic equipment, biotechnology, as a surfactant and in catalytic oxidation. Due to a single-atomic layer structure, graphene oxide is used as electrode material for batteries, capacitors, and solar cells. This will boost the segment demand in the electronics and power sector and will boost the graphene market growth in the forecast spell.
Browse Report Summery @ https://bit.ly/2I1GVbi
The major end-user industries in the graphene market include aerospace & defense, automotive, electronics, energy, and healthcare. Aerospace & defense is an important end-user which will hold around 15% of the total industry revenue share in 2024. The segment will gain by around 35% CAGR in the forecast spell owing to increasing product use in the manufacture of aircraft components. Healthcare segment is also a significant end-user and will generate revenue above USD 20 million by 2024.
There are many small and large manufacturing companies in the overall graphene market which are Applied Graphene Materials, XG Sciences, Graphenea, Grafoid Inc., Graphene Frontiers, Advanced Graphene Products, ACS Materials, Applied Nanotechm, Haydale Limited, Angstron Materials, Nanjing XFNANO Materials Tech, Graphene Laboratories, AMO Gmbh, Xiamen Knano Graphene Technology, and Thomas Swan & Co. Graphene market participants are gaining a competitive edge over their rivals through acquisitions & mergers, new product developments and R&D investments.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release North America Graphene Market to occupy more than 40% of the total industry by 2024 here
News-ID: 1047606 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Graphene
Graphene Electronics Market 2021 Demand and Production analysis - Graphene Front …
The report titled “Graphene Electronics Market” report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts.
The Graphene Electronics market was…
Graphene Electronics Market 2020 Business scenario- Graphene Frontiers, Graphene …
The report presents an in-depth assessment of the Graphene Electronics Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Graphene Electronics investments from 2020 till 2026.
Click the link to get a Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/10091496009/global-graphene-electronics-market-professional-survey-report-2019/inquiry?source=OpenPR&Mode=48
The report presents the market competitive landscape and a corresponding…
Graphene Market 2019 Analysis By Haydale Graphene Indus, Applied Graphene Materi …
Graphene Market report provides a systematic synopsis on the study for market and how it is influencing the industry. It also helps to know the businesses with most-detailed market segmentation in the industry. The report has been structured by taking into account the market type, organization volume, accessibility on-premises, end-users' organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and…
Graphene Market: Moving Towards Brighter Future| Haydale Graphene Indus, Applied …
The market information included in this Graphene Market report not only assists businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. The report merges comprehensive industry analysis with precise evaluations and forecasts which all together brings about absolute research solutions and maximum industry clarity for strategic decision making. This industry report deals with several markets internationally including Asia, North…
Global Graphene Electronics Market Insights 2018-2025 : Graphene Frontiers, Grap …
The worldwide "Graphene Electronics market" statistical surveying report is an inescapable research report that contacts the most imperative parts of the Graphene Electronics platform that is important to be gotten a handle on by an expert or even a layman. The research covers the current market size of the Global Graphene Electronics market and its growth rates based on 5 year history data along with company profile of key players/manufacturers…
Global Graphene Composites Market to 2026| Haydale Graphene Industries, Graphene …
Albany, NY, 15th January : Recent research and the current scenario as well as future market potential of "Graphene Composites Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026" globally.
Graphene Composites Market - Overview
This report analyzes and forecasts the market for graphene composites at the global and regional level. The market has been forecast based on revenue (US$ Thousand) and volume (Kilo Grams) from 2018…
