Graphene Market 2024 Key Players Applied Graphene Materials, XG Sciences, Graphenea, Grafoid Inc. & Graphene Frontiers
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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.
Graphene Market size will surpass USD 200 million by 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.
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.
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North America is a key region for the graphene market which will occupy more than 40% of the total industry revenue in 2024. Developments in the regional electronics and automotive sector coupled with growing defense spending in the United States will augment the industry. Availability of raw materials and increasing manufacturing expertise in the region will enable the North America graphene market to grow by more than 35% CAGR in the forecast span.
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.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Graphene industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. End-user trends
2.1.4. Regional trends
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Chapter 3. Graphene Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
126.96.36.199. Increasing investment in the research and development of graphene
188.8.131.52. Increasing use of graphene in automotive & aerospace industries
3.4.2. Industry pitfalls & challenges
184.108.40.206. High manufacturing cost of graphene
3.5. Growth potential analysis
3.6. Technology trends
3.7. Regulatory trends
3.8. Porter’s analysis
3.9. Company market share analysis, 2016
3.9.1. Strategic landscape
3.10. PESTEL analysis
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.2. Raw material trends
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