Graphene Market Report by Technology, Industry Share and Size Expansion to 2027 | Fortune Business Insights™
GrapheneMarket will exhibit a CAGR of 39% between 2020 and 2027,and reach USD 2,864.1million by 2027, and the Market value as per 2019 was USD 225.1 million.
Fortune Business Insights™ in anew report, titled, “GrapheneMarket Size, Share & Industry Analysis, By Product (Graphene Oxide(GO), Graphene Nanoplatelets (GNP), Others), By End-Use (Electronics, Aerospace& Defense, Automotive, Energy, Others), and Geography Forecast, 2020-2027.”
GrapheneMarket Driversand Restraint:
Growing Product Penetration in the ElectronicsIndustry to Surge Demand
Graphene has thepotential to create next-generation electronics such as transistors, bendablephones, semiconductors, sensors, capacitors, and other electronics. It isused as a coating to improve the current touch screens for tablets and phones.Wearable and flexible electronics are growing rapidly owing to the product’smechanical and conductivity properties, thus driving the market growth in theelectronics industry. In November 2019, researchers at the Institute of MetalResearch, Chinese Academy of Sciences, built a transistor, which is asilicon-germanium transistor.
Conductivity and thinnessproperties have led to market research in graphite semiconductors. These couldreplace the existing technology for computer chips as they can conduct electricityat room temperature. For example, in May 2019, Samsung Advanced Institute ofTechnology, a team of researchers developed a transistor to increase thesemiconductor performance. Also, research has shown that graphite chips arefaster than the existing chips which are made from silicon. The rise inper-capita disposable income and the growing demand for consumer electronicsincluding mobile phones and tablets shall augment the market growth. Inaddition, the product transmits 97% of light making it highly transparentcoupled with heat, and conductive properties are likely to create promisingopportunities for solar panels and battery industries. Several researchersfrom different research institutes have developed a graphene foam-basedbattery, mainly designed to bridge the gap between the capacitors andbatteries. It is based on Li technology and has a similar capacity to weightratio to the existing Li-ion batteries. For example, in February 2013, ArgonneNational Laboratory (ANL) collaborated with California Lithium Battery(CalBattery) for the commercialization of lithium anode batteries to be usedwith its new GEN3 silicon composite anode materials to accomplish new Li-ionbattery performance levels.
List ofKey Players Covered in the Graphene Market Report:
- XG Sciences (U.S.)
- Graphenea, Inc. (U.S.)
- ACS Material, LLC (U.S.)
- CVD Equipment Corporation (U.S.)
- Global Graphene Group (U.S.)
- AMO GmbH (Germany)
- Applied Graphene Materials plc (UK)
- Graphene One (U.S.)
- Grolltex Inc. (U.S.)
- DIRECTA PLUS S.p.A. (Italy)
- CHINA CARBON GRAPHITE INC (China)
- NanoXplore Inc. (Canada)
- Thomas Swan & Co. Ltd. (UK)
- Other Key Players
To gainmore insights into the market with a detailed table of content and figures,Click Here: https://www.fortunebusinessinsights.com/graphene-market-102930
Someof the key industry developments in the Graphene Market Include:
- July 2020 – Directa Plus introduced a new graphene-based face masks that are effective and manufactured using renewable materials to fight against the coronavirus spread. The company is employing atom thin allotropes layers of carbon extracted from the graphite in face masks to slow the disease spread.
- February 2020 - Thomas Swan collaborated with the Graphene Engineering Innovation Centre (GEIC) to produce a fibre using Polyamide 6 and 0.2% loading of Thomas Swan Graphene Nanoplatelets (GNP).
ReadPress Release:
https://www.fortunebusinessinsights.com/press-release/global-graphene-market-10190
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