Uploaded on Sep 27, 2019
Graphene Market
Graphene Market
Graphene Market: Analysis of Major Competitors and their Strategies
Graphene is a two-dimensional crystalize form of carbon atom perfectly distributed in a hexagonal
honeycomb formation of 0.3 nanometers thick with just 0.1 nanometers between each atom. It is
million times thinner than human hair or a sheet of paper, and the lightest material known (with
one square meter coming in at around 0.77 milligrams). It is 200 times stronger than steel, and
incredibly flexible. It is electrically and thermally conductive but also absorbs 2% of light and
hence perfectly transparent. Such attributes incorporates into wide range of applications in
industries such as automotive, aerospace, energy, biomedical and electronics.
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Prevalent Scenario in Graphene Market
According to the report published by Badische Anilin- und Soda-Fabrik (BASF) published a report
on the prospect of graphene, estimated a market worth $1.5bn in 2015 and $7.5bn in 2025. Since
its breakthrough, the number of research publications on the product has increased from over 125
in 2005 to more than 9000 in 2013. This will augment the graphene market growth from 2017 to
2025 as it will enhance product applicability in various industries. Government initiatives such as
the European Commission’s invested USD 1.3 billion in the products research & development.
Graphene has various end user industries such as aerospace, automotive, energy, coatings,
pharmaceuticals, electronics, 3-D printing, chemical, and others. Increasing in demand of
electronics industries is likely to drive the Graphene Market growth. Graphene is a cost-effective
substitute to conventional silicon based devices due to its attributes. It also possesses energy
harvesting properties. Due to these key attributes, graphene has attracted major R&D investments
of over US$ 1.3 billion committed by the European Commission under graphene flagship projects
since 2015. Such government initiatives play a vital role in development and innovation of
graphene for wide range of applications. The energy storage and conversion applications are the
fastest growing application of graphene market due to increasing use of graphene owing to its
high energy density and fast charging cycle
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Fragmented Market
Being transparent and good conductor, graphene could replace the electrodes in the indium used
in touchscreens. Graphene-based coating for desalination membranes is developed that is more
robust and scalable than current Nano filtration membrane technologies. Graphene rejects almost
100 percent of salt content, makes it a perfect material for desalination membranes.
In the near future, graphene could potentially be used for electrical components and other items
such as composites, batteries, sensors, ion-exchange membranes and other products. The other
project involving graphene will be the development of low-cost inkjet printers and for the
military applications. Electronics and energy storage could also be revolutionized by graphene.
The global graphene market is highly fragmented due to the participation of many Major players
involved in the market include CVD Equipment Corporation (U.S.), Graphene NanoChem Plc.
(Malaysia), Graphenea SA (Spain), Grafoid Inc. (Canada), Haydale Graphene Industries Plc (U.K.),
Group NanoXplore Inc. (Canada), Thomas Swan & Co., Ltd. (U.K.), Vorbeck Materials (U.S.), 2D
Carbon Tech Inc. Ltd. (China), and XG Sciences Inc. (U.S.).
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