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Graphene Market future trends to 2024 key players Applied Graphene Materials, XG Sciences, Graphenea, Grafoid Inc. & Graphene Frontiers
Graphene Market
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On these grounds, it would be noteworthy to mention that graphene market from graphene oxide is slated to cover 40% of the overall share by 2024, and will grow at a CAGR of more than 35% over 2017-2024. Major participants in graphene industry are Graphenea, Grafoid Inc., Applied Graphene Material, Graphene Frontiers, LLC, XG Sciences, Inc., Advanced Graphene Products, Angstron Materials, Inc., AMO Gmbh, ACS Materials LLC, Xiamen Knano Graphene Tech. Corporation Ltd., Applied Nanotech, Inc., Thomas Swan & Company Ltd., Nanjing XFNANO Materials Tech Co., Ltd., Haydale Limited, and Graphene Laboratories, Inc.
Of late, Graphene Market has been gaining remarkable traction, owing to the extensive use of graphene for power storage and composites. The scientific community has been researching on the viability of graphene for aerospace applications in a strategic collaboration with the European Space Agency (ESA), with an aim to test the potential of graphene in zero gravity conditions. The success of this research is slated to create new avenues for the players in graphene industry. As per statistics, graphene market held a revenue of USD 20 million in 2016.
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Apart from being utilized in composite materials, graphene finds application in healthcare sector. Graphene oxide is extensively used in various dental care products, owing to its capability to resist antimicrobial agents. Growing awareness among people about their dental health will influence graphene market share noticeably. As per a market study, graphene market from healthcare sector will exceed a revenue collection of USD 20 million by 2024, owing to the requirement of the product for tissue engineering, drug delivery systems, and cancer treatment.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Applied Graphene Materials plc
2. Graphenea S.A.
3. XG Sciences, Inc.
4. Grafoid Inc.
5. Graphene Frontiers LLC.
6. ACS Materials LLC
7. Haydale Limited
8. Advanced Graphene Products Sp. z o.o.
9. Applied Nanotech, Inc.
10. Nanjing XFNANO Materials Tech Co., Ltd
11. Angstron Materials, Inc.
12. Graphene Laboratories, Inc.
13. Thomas Swan & Co.
14. Xiamen Knano Graphene Technology Corporation Limited
15. AMO Gmbh
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Automakers have been giving preference to graphene material for manufacturing luxurious cars, owing to the fact that the usage of graphene decreases the overall vehicle weight. Graphene itself is lightweight as compared to the other materials, and its utilization will improve the fuel efficiency and speed of the car enormously. Recently at the Auto show held at Geneva, Pininfarina has unveiled electric car operated with graphene based battery. On that note, automotive sector covered 20% of graphene industry share in 2016 and will register a CAGR of more than 34% over the coming seven years.
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