Graphene Based Material Market - By Type (Monolayer graphene, Multilayer graphene, Graphene oxide, Graphene nanoplates, Others), By Form (Powder, Sheet & film, Foam, Aerogel), By Application & Forecast, 2024 – 2032

Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Chemical | Format: Report available in PDF / Excel Format

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Graphene Based Material Market - By Type (Monolayer graphene, Multilayer graphene, Graphene oxide, Graphene nanoplates, Others), By Form (Powder, Sheet & film, Foam, Aerogel), By Application & Forecast, 2024 – 2032

Graphene Based Material Market Size

Graphene Based Material Market was valued at around USD 196.2 million in 2023 and is anticipated to register a CAGR of over 33.1% between 2024 and 2032.

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Imagine a material so thin and light that it's practically like a sheet of carbon atoms arranged like a honeycomb. That's graphene, and it's making waves in the world of advanced materials. Graphene has superpowersit's super-conductive, strong as steel, and flexible as rubber. It's like the ultimate jack-of-all-trades material, finding its way into everything from electronics and energy storage to medical devices and bulletproof vests. And the demand for graphene is skyrocketing as more research reveals its potential. It's the secret behind lightweight, high-performance materials that are changing the game in industries far and wide. From flexible electronics to ultrafast energy storage, graphene is on the cusp of revolutionizing technology.

As research delves deeper into graphene's capabilities and safety considerations, the growth of the graphene-based material market in Asia Pacific and North America has been propelled by various factors. These include the rising need for advanced materials to address challenges posed by diverse industries, stringent regulatory mandates emphasizing sustainability and safety, and continual innovations in graphene-based formulations.

Graphene Based Material Market Report Attributes
Report Attribute Details
Base Year 2023
Graphene Based Material Market Size in 2023 USD 196.2 million
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 33.1%
2024 – 2032 Value Projection USD 2.56 billion
Historical Data for 2021-2023
No. of Pages 305
Tables, Charts & Figures 255
Segments covered Types, Form, Application
Growth Drivers
  • Growing demand in electronic industry
  • Wide area of application
  • Advancements in research and development
Pitfalls & Challenges
  • Competition from alternatives
  • Cost and scalability challenges

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The graphene market is getting a lot of heat from other materials that can do similar things or are cheaper to make. These include things like conductive polymers, carbon nanotubes, and carbon nanofibers. Since these other materials have been around for a while and have well-established ways of making them, it's been hard for graphene to stand out and take over the market. Plus, companies might be hesitant to invest in graphene because it's still seen as a bit risky, and the other materials are already well-developed. Cost and the ability to make graphene on a large scale are also big challenges. Even though we've made progress in how to make graphene more cheaply, like through liquid-phase exfoliation and chemical vapor deposition, it's still very expensive to make high-quality graphene at a large scale.

Graphene's application in businesses where cost-effectiveness is crucial is restricted by this cost differential, which also limits its competitiveness in price-sensitive markets. Moreover, scalability problems could result in inconsistent material quality and properties, making mass-market commercialization of graphene-based devices even more difficult. To overcome these obstacles and show that graphene performs better than alternatives, more money must be spent on R&D, innovative manufacturing techniques, and cost-effectiveness improvements.

Graphene Based Material Market Trends

Graphene and everything made from it are still rocking the material science world! It's super exciting because there's so much new stuff happening, and it's changing how we do things in tons of areas like electronics, health, batteries, and even space! Graphene is basically a super strong, super flexible sheet made of carbon atoms. It's an amazing material that conducts electricity really well and can do stuff that other materials can't, like make super-sensitive sensors, super-strong composites, and bendy electronics. The best part is that it's getting easier to make high-quality graphene and do it on a large scale, which makes it cheaper. That's expanding the graphene market even more. Of course, there are still some challenges. We need to figure out how to use it without running into legal troubles, make sure it's affordable and easy to produce on a large scale, and keep an eye on other materials that might be just as good as graphene. But the future looks super bright for graphene!

To unlock the full potential of graphene-based materials in various industrial sectors, researchers, industry stakeholders, and policymakers must work together to accelerate innovation, standardize testing procedures, and establish clear regulatory frameworks.

Graphene Based Material Market Analysis

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The graphene market is like a big pie, sliced up into different types. You've got your monolayer graphene, your multilayer graphene, graphene oxide, graphene nanoplates, and a whole bunch of others. Out of all of these, graphene oxide is the big cheese. It's worth a whopping 59.9 million USD as of 2023. And guess what? It's expected to shoot up to 807.7 million USD by 2032. Why is graphene oxide so popular? Well, it's like the Swiss army knife of graphene materials. It's got a bunch of special powers and can be used in all sorts of cool applications. It's basically graphene that's been given a makeover with extra chemical groups, like those fancy bow ties in elementary school science projects. These groups make it super soluble in liquids and friendly to water. And that opens up a whole world of possibilities. Graphene oxide can be used in everything from storing energy to making tough composites, shiny coatings, and even medical gadgets. It's like the ultimate all-rounder in the graphene world.

 In addition, its manufacture is comparatively less expensive than that of pristine graphene, which adds to its market domination in graphene-based materials. As a result, it is stimulating tremendous growth and innovation in sectors looking for cutting-edge materials with improved characteristics and capabilities.

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When it comes to graphene materials, you have a few different forms to choose frompowder, sheets and films, foam, and aerogel. The powder form is the most popular, with about 45% of the market share in 2023. It's expected to grow even more by 2032. Why powder? Well, it's versatile. It's easy to blend into other materials, like coatings, composites, and even plastic additives. Plus, it has a big surface area, which means other materials can stick to it better. This makes it great for improving things like temperature resistance, how well it carries electricity, and how strong it is.

Additionally, graphene powder can be customized to meet unique needs, opening up a wide range of industries like electronics, automotive, aerospace, and healthcare. Because of this, producers who want to use graphene's extraordinary qualities to improve the performance of their goods continue to choose the powder form.

Imagine if you had a super material that could revolutionize the way we use electronics. That's what graphene is all about! In the world of tech, gadgets, and gizmos, graphene is a game-changer. It's incredibly conductive, bendy, and see-through, making it perfect for all sorts of electronic wonders. In 2023 alone, companies spent a whopping $59.9 million on graphene-based stuff. And by 2032, they're expected to spend a mind-boggling $807.7 million! Electronics is where graphene really shines. Its unique properties make it ideal for flexible screens, see-through electrodes, and super-conductive films. But get thisgraphene even plays nice with the way we make electronics today, so it's super easy to use. With the demand for high-tech, lightweight gadgets on the rise, graphene is the key to unlocking next-generation wonders. It's like the superhero of materials, powering advancements in electronics and beyond!

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Graphene, a wonder material, has made its mark in Asia Pacific, grabbing the lion's share of the global market back in 2023. With a cool USD 31.2 million in its pocket, it's predicted to skyrocket to a whopping USD 935.9 million by 2032. So, what's Asia Pacific's secret sauce? It's all about the brains and the backing. Governments have been pouring money into research and development, and there's a vibrant network of universities and companies collaborating like crazy. China, Japan, and South Korea are at the forefront, thanks to their governments' support and top-notch research facilities. On top of that, Asia Pacific is a manufacturing hub, with its thriving electronics, car, and energy industries. These industries are hungry for graphene-based materials to make our gadgets more flexible, cars lighter, and energy storage devices more efficient. Put it all together, and you've got a region that's driving the global growth of graphene-based materials. It's a testament to the power of innovation and industrial might.

China stands out as a formidable player in the graphene-based materials market in the vast Asia Pacific region. This dominance isn't just a coincidence; it's the result of a calculated strategy. China has mastered the art of mass-producing graphene, giving it a leg up in the industry. Its research and development capabilities are also top-notch, thanks to a well-established infrastructure that foster innovation. And let's not forget the government's unwavering support for technological advancement. Chinese companies aren't just sitting on these graphene wonders; they're actively churning out products that meet the needs of both their homegrown and international markets. From electronics to cars to energy solutions, graphene-based materials are finding their way into a wide range of products. And it doesn't stop there. China's booming industries in these sectors are creating a huge demand for graphene-based materials, further fueling the growth of this market. In a nutshell, China's dominance in the Asia Pacific region is a testament to its commitment to driving the progress and expansion of the graphene-based materials market. It's a position that's not likely to change anytime soon.

Graphene Based Material Market Share

In the world of graphene-based materials, it's a competitive race to the top. Top dogs like Haydale Graphene Industries, Applied Graphene Materials, and Global Graphene Group are locked in a fierce battle to carve out their slice of the pie. These industry giants bring their A-game, armed with cutting-edge tech, a wide range of products, and clever partnerships that keep them one step ahead. They're pouring money into R&D, dreaming up new graphene-based wonders and making old ones even better to meet every industry's wildest dreams. Hand in hand with universities, research labs, and businesses that use their stuff, they're driving innovation and opening up new markets. It's not just the big guns, though. Startups and up-and-comers are making waves with their niche specialties and fancy production methods. In this competitive chess match, every move matters – product quality, pricing, who they can get their products to, and following the rules. The landscape is always changing, with new players emerging and old ones adapting to stay in the game. It's a race that promises to keep us on the edge of our seats, eager to see who will conquer the graphene throne.

The competitive environment is further exacerbated by the large number of startups and smaller firms that focus on cutting-edge technologies or niche markets, which helps to split the market and promote innovation. Because of this, businesses must continue to make significant investments in R&D, product development, and strategic alliances in order to maintain their competitiveness and seize expansion opportunities in the rapidly expanding graphene-based material industry.

Graphene Based Material Market Companies

Major players operating in the market include

  • Applied graphene material
  • Directa plus
  • G6 Material
  • Global graphene group
  • Grafoid Inc
  • Graphene square
  • Haydale Graphene Industries
  • Merck
  • Nanografi
  • Neograf
  • Talga Group
  • XFNANO Materials Tech Co., Ltd

Graphene Based Material Industry News

  • In 2022, Thomas Swan entered into an exclusive strategic agreement with Concrene Limited to explore the integration of graphene nanoplatelets into concrete formulations. The goal was to enhance the compressive strength of concrete and expand the application of Thomas Swan’s products on a global scale.
  • In 2022, Applied Graphene Materials, the producer of specialty graphene nanoplatelet dispersions, had signed distribution agreement with Imkemex. The partnership extends AGM’s commercial reach directly into the region’s liquid resins, coatings, composites and polymers sectors.

The graphene based material market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Million) (Kilo Tons) from 2021 to 2032, for the following segments

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Market, By Type

  • Monolayer graphene
  • Multilayer graphene
  • Graphene oxide
  • Graphene nanoplates
  • Others

Market, By Form

  • Powder
  • Sheet and film
  • Foam
  • Aerogel

Market, By Application

  • Electronic
  • Energy
  • Healthcare
  • Aerospace & defence
  • Composites
  • Automotive

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

 

 

Table of Content

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2    Base estimates & calculations

1.3    Forecast calculation

1.4    Data sources

1.4.1    Primary

1.4.2    Data mining sources

1.4.2.1   Paid sources

1.4.2.2   Public sources

Chapter 2   Executive Summary

2.1    Industry 3600 synopsis

2.2    Type trends

2.3    Form trends

2.4    Application trends

Chapter 3   Industry Insights

3.1    Industry ecosystem analysis

3.1.1    Key manufacturers

3.1.2    Distributors

3.1.3    Profit margins across the industry

3.1.4    Supply disruptions

3.2    Industry impact forces

3.2.1    Growth drivers

3.2.1.1   Growing demand in electronic industry

3.2.1.2   Wide area of application

3.2.1.3   Advancements in research and development

3.2.2    Market challenges

3.2.2.1   Competition from alternatives

3.2.2.2   Cost and scalability challenges

3.2.3    Market opportunity

3.2.3.1   New opportunities

3.2.3.2   Growth potential analysis

3.3    Raw material landscape

3.3.1    Manufacturing trends

3.3.2    Technology evolution

3.3.2.1   Sustainable manufacturing

3.3.2.1.1    Green practices

3.3.2.1.2    Decarbonization

3.3.3    Sustainability in raw materials

3.3.4    Raw material pricing trends (USD/Ton)

3.3.4.1   U.S.

3.3.4.2   European Union

3.3.4.3   UK

3.3.4.4   China

3.3.4.5   Southeast Asia

3.3.4.6   GCC

3.4    Regulations & market impact

3.5    Trade statistics

3.6    Unmet needs

3.7    Porter’s analysis

3.8    PESTEL analysis

Chapter 4   Competitive Landscape, 2023

4.1    Company market share analysis

4.2    Competitive positioning matrix

4.3    Strategic outlook matrix

Chapter 5   Market Size and Forecast, By Type, 2021-2032 (USD Million, Kilo Tons)

5.1    Key trends

5.2    Monolayer graphene

5.3    Multilayer graphene

5.4    Graphene oxide

5.5    Graphene nanoplates

5.6    Others

Chapter 6   Market Size and Forecast, By Form, 2021-2032 (USD Million, Kilo Tons)

6.1    Key trends

6.2    Powder

6.3    Sheet and film

6.4    Foam

6.5    Aerogel

Chapter 7   Market Size and Forecast, By Application, 2021-2032 (USD Million, Kilo Tons)

7.1    Key trends

7.2    Electronic

7.3    Energy

7.4    Healthcare

7.5    Aerospace & defence

7.6    Composites

7.7    Automotive

Chapter 8   Market Size and Forecast, By Region, 2021-2032 (USD Million, Kilo Tons)

8.1    Key trends

8.2    North America

8.2.1    U.S.

8.2.2    Canada

8.3    Europe

8.3.1    Germany

8.3.2    UK

8.3.3    France

8.3.4    Italy

8.3.5    Spain

8.3.6    Rest of Europe

8.4    Asia Pacific

8.4.1    China

8.4.2    India

8.4.3    Japan

8.4.4    South Korea

8.4.5    Australia

8.4.6    Rest of Asia Pacific

8.5    Latin America

8.5.1    Brazil

8.5.2    Mexico

8.5.3    Argentina

8.5.4    Rest of Latin America

8.6    MEA

8.6.1    Saudi Arabia

8.6.2    UAE

8.6.3    South Africa

8.6.4    Rest of UAE

Chapter 9   Company Profiles

9.1    Applied graphene material

9.2    Directa plus

9.3    G6 Material

9.4    Global graphene group

9.5    Grafoid Inc

9.6    Graphene square

9.7    Haydale Graphene Industries

9.8    Merck

9.9    Nanografi

9.10    Neograf

9.11    Talga Group

9.12    XFNANO Materials Tech Co., Ltd
 

  • Applied graphene material
  • Directa plus
  • G6 Material
  • Global graphene group
  • Grafoid Inc
  • Graphene square
  • Haydale Graphene Industries
  • Merck
  • Nanografi
  • Neograf
  • Talga Group
  • XFNANO Materials Tech Co., Ltd

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