- Toll Free: +1-800-792-5285
- (UK): +44-845-528-1300
- Int'l: +1-503-894-6022
- Help@alliedmarketresearch.com
Cart
|
MA_16460
|
Pages: 135
|
Feb 2016 | 12660 Views
|
|
|
|
Author(s) :
Sarah Clark
|
Tables: 34
|
Charts: 27
|
Formats*: |
|
Global Graphene Market is expected to garner $151.4 million and register a CAGR of 47.7% by 2021. Graphene is a single, tightly packed layer of carbon atoms in the form of a hexagonal honeycomb lattice. It is a combination of graphite and suffix -ene. It has one layer of carbon which is just an atom thick. Furthermore, the graphene exhibits remarkable electrical conductivity and heat resistance. It is widely used in various applications, such as RFID, composites, sensors, research & development, energy storage, functional ink, and polymer additives. However, high price of equipment and technical limitations for commercial production are the major factors restricting the market growth. In addition, the health and environmental risks associated during production of the 2D material graphene is high, due to its highly inflammable characteristic. Furthermore, increase in capital investment for strengthening R&D activities and focus on expanding production capacity would boost the industry growth during the forecast period. Graphene industrial applications have observed greater demands over the past five to six years.
Based on type, the global market is segmented into mono-layer & bi-layer graphene, few-layer graphene, graphene oxide, and graphene nanoplatelets. The graphene nanoplatelets (GNP) segment accounted for about two-thirds of the overall market revenue, in 2015. The demand for GNP is primarily attributed to its low price and wide application areas. Monolayer & bilayer graphene and few-layer graphene contributed about one third of the market share in 2015, and is expected to grow at the highest CAGR during the forecast period.
Graphene is used in various applications, such as RFID, composites, sensors, research & development, energy storage, functional ink, and polymer additives. The industry is at its nascent stage of commercialization. Therefore, more than 75% of the graphene was used for research & development and prototype preparation by research institutes, universities, and research & development, in 2014. These included units of prominent companies, such as Nokia, Samsung, Intel, IBM, and others. Energy storage application is expected to be the fastest growing segment, registering a CAGR of 93.2% during the forecast period. Graphene electrodes are widely used in energy storage devices, such as electromagnetic supercapacitors and batteries (Li-ion, Li-air, lead acid, and fuel cells), owing to high energy density and quick charging property.
The market has been segmented into four regions, namely North America, Europe, Asia-Pacific, and LAMEA. North America was the largest revenue-generating segment and this region would continue to dominate the market during the forecast period, in 2015. In the U.S., about three forth of the graphene produced is used for the research and development activities across various universities and institutes. In addition, Asia-Pacific is expected to be the fastest growing segment during the period, 2014-2021. The driving factors of the Asia-Pacific market include presence of large graphite mines in China, ongoing research on graphene in India, China, Japan, Korea, & Taiwan, and huge scope in electronics applications in this region.
Some of the leading manufacturers profiled in the graphene market study include Graphenea S.A., XG Sciences, Vorbrck Materials, Haydale Limited, Graphene Laboratories, CVD Equipment Corporation, Graphene Nanochem PLC, Bluestone Global Tech, Angstron Material, Inc., and ACS Material, LLC.
.jpg)
Get more information on this report : Request Sample Pages
Graphene Market Report Key Benefits:
The global graphene market is segmented as:
Presently, the global graphene market is in its nascent stage; however the market is expected to witness substantial growth in the future. The tremendous surge in patenting activities acts as evidence to support this fact. Global business leaders, such as Samsung, IBM, Nokia, and BASF are in a race to patent graphene-based applications in order to gain an early movers advantage in the graphene market. The material is endowed with excellent physical and chemical properties owing to its unique structure. This ensures its application in various industries, especially electronics and energy. Successful R&D would help to overcome the drawbacks of the compound and lead to it being widely adopted in electronics, potentially replacing conventional material, such as silicon. Moreover, graphene-based composites have the potential to replace the metals in the composite application. The monolayer & bi-layer graphene film could bring about a revolution in the higher applications of electronics, energy generation & storage, aerospace, automotive etc. The hurdles involved in mass production and the high cost of the material are restricting the market growth. However, ongoing R&D is expected to resolve these issues. Moreover, market players are trying to attract investors through issuing newsletters.
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high level data integrity, accurate analysis and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
