The Report Graphene Market Size,
Share & Trends Analysis Report By Application (Electronics, Composites,
Energy), By Product (Graphene Nanoplatelets, Graphene Oxide), By Region, And
Segment Forecasts, 2019 - 2025
The global graphene market size is expected to
reach USD 552.3 million by 2025, according to a new report by Grand View
Research, Inc. It is anticipated to expand at a CAGR of 38.0% over the forecast
period. Growing demand for smart consumer electronics is anticipated to fuel
the market over the forecast period.
New product launches and
rising consumption of consumer goods in emerging markets of China, India, and
Thailand is expected to positively affect the market. Incorporation of
innovative technologies in electronic goods manufactured in Japan and China is
expected to drive the electronics market. The government of China has made high
investments in research and development of graphene nanoplatelets and increased
their production volumes largely.
The industry witnesses
presence of numerous startups that are focusing primarily on research and
development to understand the full potential of graphene. For instance,
Graphenea, a Spain based company, is engaged in developing and supplying
graphene oxide to various research groups and large multinationals for their
product development efforts.
The product is still in
its trial phase of development and has not been commercialized to its full
potential in most of the application areas. There have been continuous efforts
for research and development to enhance the quality of the materials produced
and develop superior graphene nanoplatelets and oxide films.
Access Research Report of Graphene
Market@ https://www.grandviewresearch.com/industry-analysis/graphene-industry
Further key findings from the report suggest:
· Electronics application is expected to
witness a CAGR of 38.4%, in terms of revenue, from 2017 to 2025
· Graphene oxide is expected to witness
considerable CAGR of over 47.0%, in terms of volume, from 2018 to 2025 on
account of its low cost and wide application scope
· Asia Pacific is expected to witness the
fastest growth over the years to come on account of government initiatives to
promote the manufacturing sector and rapidly growing end-use industries
· Partnerships and collaborations are some of
the key market strategies adopted by companies and research institutes.
Significant efforts are being witnessed toward lowering the cost of
manufacturing
· In November 2017, Directa Plus S.p.A
collaborated with Iterchimica S.r.l. for the development of a graphene-enhanced
asphalt additive. In February 2017, Grafoid, Inc. announced the development of
GPURE Membrane Platform for industrial markets.
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
