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Graphene Market will register over 35% CAGR through 2026 | By key players ACS Materials LLC, Haydale Limited, Advanced Graphene Products, Applied Nanotech

Graphene Market will register over 35% CAGR through 2026 | By key

The expansion of semiconductor and electronics industries will have a positive impact on graphene market trends over the coming years. The material is known to be among the thinnest ever known to mankind while it exhibits about 200 times more strength than steel.

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Graphene is an outstanding conductor of heat and electricity and has a high potential to be used across any industry. It is only one atom thick which makes it almost entirely transparent. It transmits around 97-98% of light in comparison with a single pane window glass that transmits 80-90% of light. Its superior and multiple properties have fueled its applications in LCDs, touchscreens and solar panels.

It has been estimated that global graphene market size will reach over US$400 million in revenues by 2026, with significant demand from energy, automotive, electronics and healthcare segments.

Growth Drivers:
1. Increasing graphene penetration in the electronic industry
2. Increasing use of graphene in automotive & aerospace industries

Frontrunners in the Graphene Market
1. Applied Graphene Materials plc
2. Graphenea S.A
3. Graphene Frontiers
4. ACS Materials LLC
5. Haydale Limited
6. Advanced Graphene Products
7. Applied Nanotech, Inc.
8. Nanjing XFNANO Materials Tech Company Limited
9. XG Sciences, Grafoid Inc
10. AMO Gmbh
11. Angstron Materials, Inc.
12. Angstron Materials, Inc.
13. Graphene Laboratories, Inc.,
14. Thomas Swan & Co.

Rising environmental concerns to act as a restraint for graphene consumption

Graphene has been experiencing a massive hype due to its exceptional features and the number of applications it can cater to across multiple industries. However, some grades of the material are known for their high manufacturing cost that could hamper its production scale and demand. The price of graphene is essentially connected to the quality of the material.

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While graphene of a lower quality can be inexpensive and used for certain applications, they cannot be used in the other industries for a wider range of applications. For instance, graphene oxide powder is used to make conductive graphene paper for advanced biotechnology applications. But the electronic properties of that material may not be sufficient for solar cells, smart windows, LEDs and flexible batteries, among others.

Recent studies have suggested that graphene oxide may turn out to be toxic to humans, if not disposed of properly, as the disposal might contaminate the ground and surface environments.

The expansion of semiconductor and electronics industries will have a positive impact on graphene market trends over the coming years. The material is known to be among the thinnest ever known to mankind while it exhibits about 200 times more strength than steel.

It has been estimated that global graphene market size will reach over US$400 million in revenues by 2026, with significant demand from energy, automotive, electronics and healthcare segments.

Related News:

https://www.marketwatch.com/press-release/leisure-boat-marine-coatings-market-to-experience-strong-demand-across-shipbuilding-sector-2020-06-16

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Email: sales@gminsights.com

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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.

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