Press release
Graphene Nanoplatelets Market Set to Surge Driven by Demand from Energy, Aerospace, and Eco-Friendly Innovations
Graphene Nanoplatelets (GNPs) Market
Graphene Nanoplatelets are composed of short stacks of graphene sheets and serve as alternatives to materials like nano-clays and carbon fibers. Their unique properties enable enhanced mechanical performance in various applications, including composites, conductive inks, coatings, energy storage solutions, and medical devices.
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Key Market Drivers
One of the primary factors driving the GNPs market is the demand for materials that offer increased tensile strength, durability, and longevity. Public awareness regarding energy efficiency and sustainability is also on the rise, leading to increased investments in eco-friendly products. The push towards industrialization and the need for quicker access to raw materials are anticipated to further boost the demand for GNPs.
Notably, Gerdau Graphene recently introduced two new additives, NanoDUR and NanoLAV, designed specifically for the paint and coatings industry. These additives utilize GNPs to enhance the performance of water-based products without impacting pH levels.
Technological advancements in GNPs are expected to drive market growth in the coming years. Companies are increasingly investing in the development of advanced GNPs, aided by faster approval processes from regulatory authorities. The integration of cutting-edge technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and Machine Learning (ML) into GNP applications is also on the rise.
Market Challenges
Despite the promising outlook, the GNPs market faces challenges, particularly high production costs and difficulties associated with mass production. The absence of established technologies for producing pure graphene at scale contributes to these challenges. Furthermore, the lack of skilled professionals to manage and work with these advanced materials could hinder market growth.
Market Segmentation Insights
Application Insights:
The GNPs market is segmented into various applications, including composites, coatings, energy storage, conductive inks, and more. The composite segment is leading the market due to its ability to enhance the properties of polymeric materials. Lightweight automotive applications are also gaining traction, with companies like Ford incorporating GNPs to improve vehicle performance and reduce noise.
Product Insights:
The market includes several product categories, such as M-GNPs, C-GNPs, H-GNPs, and R-GNPs. The C-GNPs segment is expected to witness steady growth, owing to its high purity levels and effectiveness in applications like conductive inks and coatings.
End-Use Insights:
The electrical and electronics segment is projected to hold a significant market share, as GNPs are increasingly used in printable electronic circuits and wearable devices. The automotive and transportation segment is also expected to grow as GNPs enhance structural components and battery efficiency in electric vehicles.
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Graphene Nanoplatelets Top Companies and Competitive Landscape
The global Graphene Nanoplatelets Market is consolidated with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective GNPs solutions.
Some major players included in the global Graphene Nanoplatelets Market report are:
FGV Cambridge Nanosystems Ltd.
Thomas Swan & Co., Ltd.
CVD Equipment Corporation
XG Sciences, Inc.
Xiamen Knano Graphene Technology Co., Ltd.
Strem Chemicals, Inc.
Directa Plus PLC
Haydale Graphene Industries Inc.
NanoXplore Inc.
Angstron Materials Inc.
Global Graphene Group
ACS Materials LLC
Applied Graphene Materials Inc.
CealTech
Graphene Nanoplatelets Latest Industry Updates
In November 2022, CVD Equipment Corp., a provider of Chemical Vapor Deposition (CVD) systems, received an order for a production Chemical Vapor Infiltration (CVI) system valued at approximately USD 3.7 million. The system will be used to manufacture Ceramic Matrix Composite (CMC) materials for aerospace gas turbine engines.
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For the purpose of this report, Emergen Research has segmented the global Graphene Nanoplatelets Market on the basis of application, product, form, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019-2032)
M-GNPs
C-GNPs
H-GNPs
R-GNPs
Others
Form Outlook (Revenue, USD Billion; 2019-2032)
Bulk Powders
Dispersions
Leaf
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Composite
Energy & Power
Coatings
Conductive Inks
Lithium-Ion Batteries
Electromagnetic Interference (EMI) Shielding
Additives
Others
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Energy & Power
Automotive & Transportation
Building & Construction
Electrical & Electronics
Medical
Packaging
Rubber
Chemical
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Benelux
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
ASEAN Countries
Oceania
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East & Africa
GCC Countries
Israel
Turkey
South Africa
Rest of Middle East & Africa
Look Over transcripts provided by Emergen Research
Graphene Nanoplatelets (GNPs) Market Size@ https://www.emergenresearch.com/industry-report/graphene-nanoplatelets-market/market-size
Graphene Nanoplatelets (GNPs) Market Share@ https://www.emergenresearch.com/industry-report/graphene-nanoplatelets-market/market-share
Graphene Nanoplatelets (GNPs) Market Trends@ https://www.emergenresearch.com/industry-report/graphene-nanoplatelets-market/market-trends
Graphene Nanoplatelets (GNPs) Regional Market Demand@ https://www.emergenresearch.com/industry-report/graphene-nanoplatelets-market/regional-market-demand
Graphene Nanoplatelets (GNPs) Market Analysis@ https://www.emergenresearch.com/industry-report/graphene-nanoplatelets-market/market-analysis
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Emergen Research
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E-mail: sales@emergenresearch.com
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About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors
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Graphene Market Size to Hit USD 7,820 Million, Globally, by 2033 at 39.01% CAGR
𝐆𝐥𝐨𝐛𝐚𝐥 𝐆𝐫𝐚𝐩𝐡𝐞𝐧𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: 𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐚𝐧𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑
𝐒𝐮𝐦𝐦𝐚𝐫𝐲:
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