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Graphene Market Size to Reach USD $2.1 billion, Globally, By 2030 at CAGR of 21.0% – IndustryARC

May 15, 2024 7:00 PM ET

Graphene Market Size to Reach USD $2.1 billion, Globally, By 2030 at CAGR of 21.0% – IndustryARC

Graphene is a form of carbon known as an allotrope, similar to fullerenes, consisting of single-layer atoms with bonding similar to carbon nanotubes. Its versatility is evident in its applications in polymer additives, electronic batteries, composites, RFID technology, and more. Graphene-based polymer composites are particularly utilized in the advancement of medical implants, biosensors, and other fields.

The Graphene Market size is estimated to reach US$2.1 billion by 2030 after growing at a CAGR of around 21.0% from 2024 to 2030. At first, graphene was mainly linked to advanced materials used in electronics and energy storage. Nevertheless, there has been a notable shift in recent times as its applications have expanded to different sectors. Graphene is currently being investigated for its potential in healthcare, including biosensors and drug delivery systems. Additionally, it is being explored in the automotive industry for its lightweight and conductive properties, in aerospace for composites and coatings, in textiles to enhance strength and conductivity, and in environmental remediation for water purification and pollution control.

Nitro Coffee MarketCurrent and Future Trends:

Growing demand for graphene in electronics:Graphene possesses distinctive characteristics, including its exceptional conductivity and flexibility, rendering it well-suited for a diverse array of electronic applications. One notable application is the utilization of graphene in the creation of quicker and more effective transistors, potentially paving the way for the advancement of cutting-edge electronics.

Advancements in Graphene Production:Graphene was first produced in small-scale laboratories. However, advances in production methods have made it possible to produce high-quality, cost-effective graphene on a large scale. Techniques such as CVD (Chemical Vapour Deposition), Liquid-phase Exfoliation (LPEX), epitaxial Growth, and others allow for large-scale production. This is essential in order to meet the increasing demand for Graphene from various industries.

Focus on Graphene Composites:Addition of graphene to polymers and metals is a growing trend where Graphene is combined with a variety of other materials for enhanced properties such as higher strength, higher conductivity and higher thermal stability.

Increasing Government and Private Sector Investment:As the world becomes more aware of the potential of graphene, public and private funding is pouring in to accelerate research and development (R&D), scale up production, and bring new products to market.

Sustainability Concerns:The environmental impact of graphene production is a growing concern. Researchers are focusing on developing sustainable and eco-friendly methods for graphene production. This includes using recycled materials and reducing energy consumption during the production process.

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Graphene Market Report – Scope:

The Graphene Market has been segmentedBy type,fabrication method, End use industry,and geography. The report provides insights into the market dynamics, including market drivers and challenges.

Graphene Market with top country data and analysis. The report also highlights the market potential, growth rates, and alternative relevant statistics.

The competitive landscape section features company profiles of major players such as NanoXplore, Global Graphene group, Perpetuus Advanced Materials PLC, Graphenea SA, Avanzare Innovacion Tecnologica S.L,Directla Plus S.P.A.This report is a valuable source of guidance and direction for companies and individuals interested in the Fabric Based Laminates Market

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The top 10 players in the Graphene Market are:

  1. NanoXplore (XG Sciences, Inc)
  2. Global Graphene Group
  3. Perpetuus Advanced Materials PLC
  4. Graphenea SA
  5. Avanzare Innovacion Tecnologica S.L.
  6. Ningbo Morsh Technology Co., Ltd. 
  7. Directa Plus S.p.A.
  8. Changzhou Sixth Element Materials Technology Co., Ltd.
  9. Haydale Graphene Industries
  10. ACS Material

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Browse More Trending Reports related to Graphene Market Industry By IndustryARC :

Graphene Nanoplatelets Market– The Graphene Nanoplatelets Market size is forecast to reach $40.1 billion by 2026, after growing at a CAGR of 27% during 2021-2026

Graphene Chips Market – Graphene Chips Market size is estimated to reach $191 million by 2030, growing at a CAGR of 30.5% during the forecast period 2024-2030.

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