Press release
Graphene Composites Market: Post COVID Growth Opportunity Analysis, Key Players | include Avanzare Innovacion Tecnologica, Global Graphene Group, Directa Plus, Changzhou Sixth Element Materials Technology Co Ltd
According to the report, the global graphene composites market size is expected to reach $181.7 Million by 2028 growing at the CAGR of 37.24% from 2021 to 2028. This growth is attributed to the demand for lightweight materials is growing, and developed and emerging countries are spending more on research and development (R&D). Graphene has been dubbed a "wonder substance" by scientists because of its unique features. A vast number of colleges, research institutes, and businesses are concentrating on graphene materials research and development to commercialize graphene and develop cost-effective production techniques. For new uses, continuous research and development are underway to make graphene more efficient and flexible. The market's growth is hampered by the high cost of graphene-enhanced composites. The rapid growth of graphene producers opens up a lot of opportunities in the forecasting period.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005436
The recently published research report on Global Graphene Composites Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Graphene Composites market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.
In terms of COVID 19 impact, the Graphene Composites market report also includes the following data points:
• COVID19 Impact on Graphene Composites market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Graphene Composites market
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Key Players
Some of the major Graphene Composites players holding a high market share include Avanzare Innovacion Tecnologica, Global Graphene Group, Directa Plus, Changzhou Sixth Element Materials Technology Co Ltd. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• NanoXplore Inc
• Graphenea SA
• Avanzare Innovacion Tecnologica
• Global Graphene Group
• Directa Plus
• Changzhou Sixth Element Materials Technology Co Ltd
• Ningbo Morsh Technology Co Ltd
• XG Sciences, Inc.
• Vorbeck Materials Corporation
• Haydale Graphene Industries
Segmental Analysis
Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Graphene Composites Market:
o Bulk Graphene
o Monolayer Graphene
o Others
Market Segment By Application with focus on market share, consumption trend, and growth rate of Graphene Composites Market:
o Composites
o Energy Storage & Harvesting
o Electronics
o Catalyst
o Tires
o Others
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Global Graphene Composites Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific
• Rest of the World
o South America
o Middle East & Africa
APAC held the greatest market share in the global graphene market. Several graphene manufacturers in China, Japan, South Korea, India, and Australia are contributing to the regional market's growth. For the development of graphene products, these companies are focusing on R&D operations in conjunction with various research organizations and universities.
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Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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