10-Oct-2018 | Zion Market Research
Some of the major companies in the graphene market are Samsung Electronics Co. Ltd., Grafoid, Inc., Graphene Laboratories, Inc., IBM Corporation, Graphenea S.A., Graphene Square, SanDisk Corporation Skeleton Technologies, Graphene Frontiers, and Galaxy Microsystems, Ltd. among others. These players are set to rule the graphene market in the coming period.
As per the researchers at Zion Market Research, the global graphene market was capitalized at USD 32.0 million in 2016. The graphene market is likely to cross USD 193.68 Million in 2022, developing at a CAGR of 35.0% from 2017 to 2022.
Browse the full " Graphene Market (Mono-Layer & Bi-Layer Graphene, Few Layer Graphene, Graphene Oxide and Graphene Nano Platelets) for Composites, Energy Storage, Electronics and Others Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022" report at https://www.zionmarketresearch.com/report/graphene-market
Rising Requirement From The Automobile And Electronic Sector In The Up-And-Coming Nations To Power The Graphene Market
The global graphene market is likely to see a noteworthy development rate in the years to come, majorly due to the requirement from the automobile and electronic sector in the up-and-coming nations. The electronic and automobile sector in developing nations such as China and India is likely to develop at a noteworthy rate in the years to come, thereby powering the growth of the graphene market. Government funding and policy for the R&D plays a major role in the growth of graphene market. On the other hand, stringent regulations and rules associated to health problems are likely to hamper the development of the graphene market. In addition to this, the graphene is restoring the silicon processor in semiconductor, and graphene employment in water desalination and filtration will be an occasion for new development of the sector.
Nevertheless, various new launches by prominent market players are also one of the major factors that play a vital role in powering the graphene market. For example, in March 2017, in order to protect Lithium-ion battery electrode, Grafoid Inc. rolled out its Ion Selective GPURE graphene polymer membrane, boosting the development of graphene market.
On the basis of applications, the global graphene market has been divided into electronic, composite, transport, energy storage, textile, and healthcare industry. Electronic added up for the biggest share in graphene market in 2016, due to the extensive requirement from different end user sectors such as (energy, automobile, and composite) and to improve sports equipment along with storing medical implants;.
North America To Continue Its Dominance In Graphene Market In The Years To Come
With a noteworthy share, North America was the biggest area for the graphene market in 2016. Europe was the second biggest area for graphene market in the similar year. In addition to this, Asia Pacific is expected to be the quickest developing area for graphene market in the coming years. China was the biggest maker of graphene in Asia Pacific owing to the attendance of plentiful reserves in China. In addition to this, the Middle East & Africa and Latin America is likely to experience reasonable development in graphene market within the forecast period.
The global graphene market is segmented as follows:
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