Graphene Market Estimated to Flourish at by 2024 - 2031 | Graphensic AB, BGT Materials Limited

Market Overview:

The graphene market is estimated to surpass US$ 2,152.9 million by the end of 2028 in terms of revenue, exhibiting a CAGR of 44.7% during the forecast period (2021 to 2028).

Market Dynamics:

The graphene market is expected to witness significant growth over the forecast period owing to rising demand from electronics industry. Graphene has excellent electrical and thermal conductivity making it suitable for uses in touchscreens, flexible displays, batteries and semiconductor devices. Its semi-metal properties make it usable in place of indium tin oxide (ITO) in transparent conductors. Additionally, graphene sheet and ribbons are being researched for applications in nano-electronics as it can be used to manufacture faster and more powerful computer processors. Growing demand for enhanced connectivity solutions will boost usage of graphene in electronics applications during the forecast period. The market will also be propelled by increasing consumption of graphene in energy storage devices such as batteries and supercapacitors due to its high surface area and conductivity.

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Graphene Market Drivers: Increasing Demand for Energy Storage Devices

One of the major drivers boosting the graphene market is the increasing demand for energy storage devices across various end-use industries. Graphene possesses highly desirable properties for energy storage applications such as supercapacitors and lithium-ion batteries. It has an extremely large surface area which allows it to store more energy. Graphene's high conductivity also enables efficient charge transfer during charging and discharging of energy storage devices. The demand for long-lasting, high-performance batteries is growing rapidly in consumer electronics, electric vehicles, and other industries. Graphene is being widely researched and has shown great potential to revolutionize battery technologies and energy storage. Its usage can significantly improve the energy and power density as well as charging rates of batteries. Several companies are working on commercializing graphene-based batteries and supercapacitors with much higher storage capacities than traditional alternatives. Once the technology matures, it will accelerate the graphene market growth.

Graphene Market Opportunity: Growing Demand from Construction Sector

The construction industry presents a major business opportunity that graphene market players can leverage. Graphene exhibits properties like high strength, flexibility, barrier effects, durability and corrosion resistance that make it ideal for construction materials. It can potentially improve the performance of cement, concrete, coatings and other building products. Graphene addition enhances strength, prolongs service-life, enables self-sensing capabilities and enables construction of sustainable & smart buildings. Its usage can help address global problems like emission reduction and infrastructure growth. The growing world population and unprecedented urbanization are driving massive investments in construction sector. Therefore, the construction industry demand for higher performance, eco-friendly and value-added materials is expanding rapidly. By developing innovative graphene enhanced construction solutions, companies can tap into this sizable and largely untapped market segment to drive future revenues.

Graphene Market Trend: Increasing Collaboration between Graphene Producers and End-Use Sectors

To strengthen its commercial viability and facilitate new applications, a noteworthy trend gaining prominence is the rising collaborations between graphene producers and end-use sectors. Leading graphene companies are partnering with players in target industries like energy storage, electronics, automotive, aerospace and more to develop specific products integrating graphene's unique properties. This helps graphene producers gain a better understanding of the technical and economic requirements for different applications. Meanwhile, end-users gain insights on material's

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Top Companies Featured in This Report:

★ Graphensic AB
★ BGT Materials Limited
★ Graphenea SA
★ Graphene Square Inc.
★ ACS Material LLC
★ Chongqing Moxi Technology Co.
★ Ltd
★ Grolltex Inc.
★ CealTech AS
★ Thomas Swan & Co. Ltd
★ and XG Sciences Inc.

Market Segmentation:

By Product Type:

★ By Product Type: Graphene Nanoflakes, Graphene Oxide, CVD (Chemical Vapour Deposition) Films, Others

By Applications:

★ By Application: Composites, Conductive Films & Inks, Energy, Transistors, Others

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Key Insights from the Global Graphene Market Analysis:

Market Size Evaluation: Assessing the value and sales volume of the Graphene market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Graphene market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Graphene market.
Segment Analysis: Examining the market value and sales volume of Graphene by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Graphene market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Graphene sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

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Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

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