Graphene Market Size, Share, Growth, Trends, and Forecast 2030

Industry Perspective:

The Global Graphene market size accounted for USD 71.0 Million in 2020 and is expected to reach USD 785.2 Million by 2028, growing at a CAGR of around 35.0% between 2021 and 2028.

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Graphene is a substance that contains high electronic mobility, heat resistance, and permeability. It is a good conductor of electricity and heat. This quality of graphene surges the use of its use in consumer electronics, conductive inks, composites, flexible radio frequency devices, supercapacitors, coatings, sensors, etc. It exhibits unique properties such as ultra-thinness, super strength, versatility, extremely high conductivity, and cost.

Graphene is used in various application areas such as transport, medicine, defense, electronics, energy, and desalination. This factor is anticipated to spur market growth.

COVID-19 Impact Analysis

The global graphene market has witnessed a slight decline in the sales for short term due to the lockdown enforcement introduced by governments in order to contain COVID spreading. The restrictions imposed by various nations to contain COVID had stopped production resulting in disruption across the whole supply chain. However, the global markets are slowly opening to their full potential and theirs a surge in demand. The market would remain bullish in the upcoming year.  The significant decrease in the global graphene market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.

Growth Factors

The global graphene market is expected to witness a significant growth rate in the forecast period, primarily owing to the demand from the electronic and automobile industry in emerging economies. The automobile and electronic industry in developing countries such as India and China is expected to grow at a significant rate during the forecast period. Government policy and funding to R&D play a vital role in the development of the graphene industry. However, stringent rules and regulations related to health issues are expected to hinder the growth of the market.

Moreover, graphene is replacing the silicon chip in semiconductors, and graphene use in water filtration and desalination will be an opportunity for new growth in the industry.

Graphene Market Report Scope:

Segment Analysis Preview

Based on applications, the global graphene market has been segmented into the composite, electronic, energy storage, transport, healthcare, and textile industry. Electronic accounted for the largest market share in 2016, owing to the extensive demand from various end-user industries such as automobile, energy, and composite, etc, storage medical implants; improve sports equipment.

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Key Market Players & Competitive Landscape

Some of the major players in the global graphene market include 

• Grafoid Inc.
• Samsung Electronics Co. Ltd.
• IBM Corporation
• Graphene Laboratories Inc.
• Graphene Square
• Graphenea S.A.
• Graphene Frontiers
• SanDisk Corporation Skeleton Technologies
• Galaxy Microsystems. Ltd.

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The global Graphene Market is segmented as follows:

By Products

• Mono-Layer & Bi-Layer Graphene
• Few-Layer Graphene
• GRAPHENE OXIDE  
• Graphene Nano Platelets
• Others

By Applications

• Composites
• Energy Storage
• Electronics
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa