The GMI Research forecasts that the graphene market is witnessing an upsurge in demand over the forecast period. This is mainly due to the increasing purchasing power and growing consumer demand for electronics such as tablets and mobile phones.
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Introduction of the Graphene Market:
Graphene refers to an allotrope of carbon having high conductivity for heat and electricity, which has a hexagonal lattice structure, making it almost 200 times stronger than the strongest steel in proportion to its thickness. It is the first two-dimensional material and is almost transparent, having many unique optical properties. Graphene is expected to have applications in many industries like electronics, packaging, manufacturing, etc.
Graphene Market Dynamics
Increasing purchasing power and growing consumer electronics demand such as tablets and mobile phones are the key drivers surging the growth of the graphene market. Due to graphene's exceptional properties, it is undergoing extensive research and development activities, mainly in China, South Korea, Japan, and US, with more than 23000 patent filings. This factor is playing an important role in the growth of the global graphene market. Moreover, graphene is making structural components like a coating of the aircraft and jet bodies, which would offer great de-icing solutions, which will propel the global graphene market.
Graphene has also been essential for technological advancements and is projected to replace silicon in the electronics market in the upcoming years. On the other hand, the toxic nature of graphene and the risk included in the graphene production process hinders the growth of the global graphene market growth during the forecast period. In addition to this, rapid R&D activities globally and large-scale graphene production through renewable sources, especially in value-added chemicals, are anticipated to create various growth opportunities for the market. On the other edge of the spectrum, high costs regarding the graphene technology, followed by the limited knowledge available about it, will hinder the growth of the global graphene market.
Key Players of the Global Graphene Market:
• Graphenea S.A.
• XG Sciences
• Vorbeck Materials
• Graphene Laboratories
• CVD Equipment Corp.
• Haydale Ltd.
• ACS Materials LLC
• Angstron Material
• Graphene Nanochem PLC
• Grafoid Inc.
Graphene Market Segmentation:
Global Graphene Market Report Segment by Type:
• Mono Layer Graphene
• Few Layer Graphene (FLG)
• Multi-layer Graphene (MLG)
• Graphene Nanoplatelets (GNP)
• Reduced Graphene Oxide (rGO)
• Graphene Oxide (GO)
Global Graphene Market Report Segment by Application:
• Electronics
• Composite
• Energy
• Healthcare
• Others
Global Graphene Market Report Segment by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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