China's gross spending on research and development has increased significantly since 2020, set to amount to over USD 525 billion.
Graphene-enhanced composites range from lighter items to more substantial materials and high-capacity batteries. The main factor influencing the development of composites enhanced by graphene is graphene. The development of composite materials with graphene enhancement has benefited from the technological development for the mass manufacture of graphene. The appeal of combining graphene with different matrices is that it not only strengthens the matrix but also gives the material additional mechanical and electrical capabilities. Thermoplastics and epoxies are just a few of the polymers frequently used to strengthen graphene.
Additionally, polymers need a small amount of graphene compared to metals and ceramics.
Low-Cost Substitute to Metal
Over the projected period, it is also anticipated that the market penetration of graphene oxide products, which are employed as transparent conductive films in numerous applications, including smartphones, will increase.
Growing Technological Advancement for Sustainable Development
Numerous studies are being conducted to develop novel and cutting-edge materials, many of which could be applied to graphene composites. With one graphene-polymer proving to be light, flexible, and a great electrical conductor, another graphene-dioxide composite was found to have interesting photocatalytic efficiencies, and there are countless more materials that could be coupled to create a variety of composites in the future. The potential of graphene composites encompasses a wide range of applications, such as renewable energy, aeronautical engineering materials, and medical implants. To increase the performance of industrial machinery and components, corrosion resistance and other properties can be added to composites. For instance, fiber-reinforced polymer composites may create more effective heat exchangers, fans, blowers, and other machinery that can withstand corrosive or high-temperature processes, durable pipelines and tanks, and machinery with better electrical insulation.
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Market Segmentation
Global Graphene-enhanced Composites market is segmented by composite type, graphene type, and application.
Market players
Applied Graphene Materials plc, Global Graphene Group, Graphene NanoChem Plc, Graphene Composites Ltd, G6 Materials Corp, Thomas Swan & Co. Ltd., Haydale Graphene Industries Plc, NanoXplore Inc, The Sixth Element (Changzhou) Materials Technology Co. Ltd and First Graphene Ltd. are some of the key market players operating in the global graphene-enhanced composites market.
Attribute
|
Details
|
Base
Year
|
2022
|
Historic
Data
|
2018 –
2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022
and 2023-2028
|
Report
Coverage
|
Revenue
forecast, Volume Forecast, company share, competitive landscape, growth
factors, and trends
|
Segments
Covered
|
·
Composite Type
·
Graphene Type
·
Application
|
Regional
scope
|
North
America; Europe; Asia Pacific; South America; Middle East & Africa
|
Country
scope
|
United States, Canada, Mexico; China, India, Japan, South
Korea, Australia; Germany, France, United Kingdom, Italy, Spain; Brazil, Argentina,
Colombia; South Africa, UAE, Saudi Arabia, Turkey, and Egypt.
|
Key
companies profiled
|
Solvay
SA, BASF SE, Chevron Phillips Chemical Co., LLC, Toray Industries Inc.,
SABIC, LyondellBasell Industries N.V., Owens Corning Corporation, Honeywell
International Inc., Teijin Limited, Asahi Kasei Fibers Corp
|
Customization
scope
|
10% free report customization with purchase. Addition or alteration
to country, regional & segment scope.
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
|