16-May-2022 | Facts and Factors
According to Facts and Factors, the global graphene market was valued at USD 572.90 Million in 2021 and is predicted to increase at a CAGR of 16.25% to USD 1371.9 Million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.
During the projected period, rising product demand in application industries such as electronics, biomedical technologies, energy storage, composites & coatings, and water & wastewater treatment is expected to drive market growth. The ability of graphene to boost the charge rate and energy capacity of current rechargeable batteries has been demonstrated. Furthermore, the rising popularity of graphene because of its excellent properties is expected to drive market expansion throughout the forecast period. Besides, the cost-effective price of graphene products and the scarcity of trained employees in the industry are one of the primary challenges over the upcoming years. The rise in global chemical demand is expected to boost graphene demand and, as a result, enhance the global graphene sector over the upcoming years.
Browse the full “ Graphene Market By Type (Bulk Graphene, Monolayer Graphene), By Application (Composites, Paints, Coatings, and Inks, Energy Storage & Harvesting, Electronics, Catalyst, Tires, Others), By End-use Industry (Automotive & Transportation, Aerospace, Electronics, Military & Défense, Others), and By Region - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2022 – 2028 " report at https://www.fnfresearch.com/graphene-market
The rise in various industries, such as automotive, transportation, and aerospace, increases market size and growth during the forecast period. On the other hand, the poisonous nature of graphene and the risk involved in the graphene manufacturing process, are predicted to hamper the global graphene market growth over the forecast period. Furthermore, large-scale graphene production by using renewable sources, in particular, the use of value-added chemicals and continuous R&D activities are expected to give the manufacturing enormous opportunities for growth.
Segmental Overview
In terms of Application, in 2021, The Electronic segment accounted for the maximum revenue share in the market and is projected to grow at a significant CAGR during the forecast period. The electronic industry is one of the biggest end-users of the graphene market which is used in various applications such as batteries unbreakable touchscreens, transistors, and supercharged batteries. Furthermore, continuous R&D activities around the globe and large-scale graphene production by using renewable sources, in particular the use of value-added chemicals, are expected to give the industry enormous opportunities for growth.
In terms of type, in 2021, the monolayer graphene type holds the largest share in the global graphene market. Monolayer graphene has a wide range of uses in a variety of industries. Monolayer graphene has a variety of uses, including quantum computers, pressure sensors, touch sensors, transistors, nano telemechanical systems (NEMS), optoelectronics, aerospace components, and electrical components. The increasing demand for these applications is expected to boost the monolayer graphene market during the forecast period.
Regional Overview
The Asia-Pacific region is expected to dominate the Graphene market. Major factors driving market expansion in this region include the availability of a high number of electric batteries, electronics components, and automobiles. The electronic and automotive industries are the primary users of graphene. For the development of graphene products, these companies are focusing on R&D operations in conjunction with various research organizations and universities.
Furthermore, China and India's dominance in graphite manufacturing is a crucial driver driving the graphene market in the region's expansion. Furthermore, the region's burgeoning industrial sector is expected to propel market expansion in the Asia Pacific.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 572.90 Million |
Projected Market Size in 2028 |
USD 1371.9 Million |
CAGR Growth Rate |
16.25% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Angstrom Materials Inc., ACS Material LLC, BGT Materials Ltd., CVD Equipment Corp., Direct Plus Spa, Graford Inc., Graphene Nanohm, Nano Xplore Inc., G6 Materials Corp., Thomas Swan & Co. Ltd., 2D Carbon Graphene Material Co. Ltd., Hay dale Graphene Industries plc, Applied Graphene Materials (AGM), and Others |
Key Segment |
By Type, Application, End-use Industry, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Competitive Landscape
The report contains qualitative and quantitative research on the global Graphene Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
List of Key Players in the Global Graphene Market:
- Angstrom Materials, Inc.
- ACS Material, LLC
- BGT Materials Ltd.
- CVD Equipment Corp.
- Direct Plus Spa
- Graford Inc.
- Graphene Nanohm
- Nano Xplore, Inc.
- G6 Materials Corp.
- Thomas Swan & Co. Ltd.
- 2D Carbon Graphene Material Co., Ltd.
- Hay dale Graphene Industries plc
- Applied Graphene Materials (AGM)
The global graphene market is segmented as follows;
By Type:
- Bulk Graphene
- Monolayer Graphene
By Application:
- Composites
- Paints, Coatings, and Inks
- Energy Storage & Harvesting
- Electronics
- Catalyst
- Tires
- Others
By End-use Industry:
- Automotive & Transportation
- Aerospace
- Electronics
- Military & Défense
- Others
By Regional Segment Analysis
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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