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Asia-Pacific 2D Materials Market - Analysis and Forecast, 2022-2031

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    Report

  • 121 Pages
  • November 2023
  • Region: Asia Pacific
  • BIS Research
  • ID: 5910659
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The Asia-Pacific 2D materials market (excluding China) is projected to reach $756.0 million by 2031 from $95.2 million in 2022, growing at a CAGR of 25.9% during the forecast period 2022-2031. Along with the growing need from end-use sectors including energy storage devices, electronics, semiconductors, composite and coatings, pharmaceuticals, automotive, and others, it is projected that the market for 2D materials would expand. Additionally, it is predicted that the global market for 2D materials will continue to grow throughout the projected period of 2022-2031, driven primarily by the growing use of 2D materials in the healthcare sector and the growing use of non-graphene 2D materials like Mxene, TMDCs, hexagonal boron nitride, and others. However, it is projected that in the near future, the high cost of production would impede market expansion.

Market Introduction

The 2D materials industry in Asia-Pacific (APAC) is expanding. The region's fuel cell vehicle market is expected to grow as a result of rising fuel cell adoption rates as well as increased focus on pollution prevention and decarbonization. Furthermore, the strong demands from end-user industries and the expanding requirement for transparent conductive films (TCF) in the electronics industry would likely lead to increased demand in the APAC market. The market for 2D materials is anticipated to continue growing as a result of the growing nanomaterials market in Asia-Pacific. Interestingly, applications in sports equipment and photovoltaics in the area are driving demand for 2D materials.

Market Segmentation:

Segmentation 1: by End User

  • Composite and Coatings
  • Energy Storage Devices
  • Electronics
  • Semiconductor
  • Pharmaceuticals
  • Automobiles
  • Others

Segmentation 2: by Material Type

  • Graphene
  • Black Phosphorous
  • Transition Metal Dichalcogenides
  • Mxene
  • Hexagonal boron nitride
  • Others

Segmentation 3: by Country

  • Japan
  • India
  • South Korea
  • Australia
  • Rest-of-Asia-Pacific and Japan

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader to understand the different material types involved in 2D materials. Moreover, the study provides the reader with a detailed understanding of the Asia-Pacific 2D materials market based on the end user (composite and coatings, energy storage devices, electronics, semiconductors, pharmaceuticals, automobiles, and others). 2D materials are gaining traction in end-user industries on the back of sustainability concerns and their high durability properties. They are also being used for controlling greenhouse gas (GHG) emissions.

Growth/Marketing Strategy: The Asia-Pacific 2D materials market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been product developments, business expansions, and acquisitions to strengthen their position in the Asia-Pacific 2D materials market.

Competitive Strategy: Key players in the Asia-Pacific 2D materials market analyzed and profiled in the study involve 2D materials manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific 2D materials market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, analyzing company coverage, product portfolio, and market penetration.

Some of the prominent established names in this market are:

  • 6Carbon Technology
  • Nitronix Nanotechnology Corporation
  • 2D Water


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Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Increasing Demand of 2D Materials for Hydrogen Fuel Cells in Electric Vehicles
1.1.1.2 Increasing Preference of 2D Materials to Lessen the Pollutants
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem of 2D Materials Market
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory/Certification Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on 2D Materials Market
1.1.4.1 Impact of COVID-19 on Automotive Industry
1.1.4.2 Impact of COVID-19 on Semiconductor Industry
1.1.4.3 Impact of COVID-19 on Energy Storage Devices
1.1.4.4 Impact of COVID-19 on Health Care Industry
1.1.5 Impact of Semiconductor Crisis on 2D Materials Market
1.1.6 Comparative Analysis Between Bulk Materials and Nano Materials
1.1.7 Comparative Analysis Between Transition Metal Dichalcogenides (TMDCs) and Graphene
1.1.8 Methodologies of 2D Materials
1.1.9 Significant Advancements in Graphene and Other 2D Materials
1.1.10 Emergence of Hybrid Technology
1.1.11 Recent Investments Made in 2D Materials
1.1.12 Emerging Start-Up Companies of 2D Materials
1.1.13 Snapshot of Smart Nanomaterials Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growing Adoption of 2D materials in Energy Storage
1.2.1.2 Strong Growth of 2D Materials in the Healthcare Industry
1.2.1.3 Growing Demand of Transparent Conductive Films (TCF) in Electronic Industry
1.2.2 Business Challenges
1.2.2.1 Lack of Large-Scale Production of High-Quality Graphene
1.2.2.2 High Cost of Production
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Expanding Market of Nanomaterials for Easily accessible Electric Vehicles
1.2.5.2 Increasing Opportunities for Non-Graphene 2D Materials
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
2 Regions
2.1 China
2.1.1 Market
2.1.1.1 Buyer Attributes
2.1.1.2 Key Producers and Suppliers in China
2.1.1.3 Regulatory Landscape
2.1.1.4 Business Drivers
2.1.1.5 Business Challenges
2.1.2 Applications
2.1.2.1 China 2D Materials Market (by End User), Volume and Value Data
2.1.3 Products
2.1.3.1 China 2D Materials Market (by Material Type), Volume and Value Data
2.2 Asia-Pacific and Japan
2.2.1 Market
2.2.1.1 Key Producers and Suppliers in Asia-Pacific and Japan
2.2.1.2 Business Drivers
2.2.1.3 Business Challenges
2.2.2 Applications
2.2.2.1 Asia-Pacific and Japan 2D Materials Market (by End User), Volume and Value Data
2.2.3 Products
2.2.3.1 Asia-Pacific and Japan 2D Materials Market (by Material Type), Volume and Value Data
2.2.4 Asia-Pacific and Japan (by Country)
2.2.4.1 Japan
2.2.4.1.1 Market
2.2.4.1.1.1 Buyer Attributes
2.2.4.1.1.2 Key Producers and Suppliers in Japan
2.2.4.1.1.3 Regulatory Landscape
2.2.4.1.1.4 Business Drivers
2.2.4.1.1.5 Business Challenges
2.2.4.1.2 Applications
2.2.4.1.2.1 Japan 2D Materials Market (by End User), Volume and Value Data
2.2.4.1.3 Products
2.2.4.1.3.1 Japan 2D Materials Market (by Material Type), Volume and Value Data
2.2.4.2 South Korea
2.2.4.2.1 Market
2.2.4.2.1.1 Buyer Attributes
2.2.4.2.1.2 Key Producers and Suppliers in South Korea
2.2.4.2.1.3 Regulatory Landscape
2.2.4.2.1.4 Business Drivers
2.2.4.2.1.5 Business Challenges
2.2.4.2.2 Applications
2.2.4.2.2.1 South Korea 2D Materials Market (by End User), Volume and Value Data
2.2.4.2.3 Products
2.2.4.2.3.1 South Korea 2D Materials Market (by Material Type), Volume and Value Data
2.2.4.3 India
2.2.4.3.1 Market
2.2.4.3.1.1 Buyer Attributes
2.2.4.3.1.2 Key Producers and Suppliers in India
2.2.4.3.1.3 Regulatory Landscape
2.2.4.3.1.4 Business Drivers
2.2.4.3.1.5 Business Challenges
2.2.4.3.2 Applications
2.2.4.3.2.1 India 2D Materials Market (by End User), Volume and Value Data
2.2.4.3.3 Products
2.2.4.3.3.1 India 2D Materials Market (by Material Type), Volume and Value Data
2.2.4.4 Australia
2.2.4.4.1 Market
2.2.4.4.1.1 Buyer Attributes
2.2.4.4.1.2 Key Producers and Suppliers in Australia
2.2.4.4.1.3 Regulatory Landscape
2.2.4.4.1.4 Business Drivers
2.2.4.4.1.5 Business Challenges
2.2.4.4.2 Applications
2.2.4.4.2.1 Australia 2D Materials Market (by End User), Volume and Value Data
2.2.4.4.3 Products
2.2.4.4.3.1 Australia 2D Materials Market (by Material Type), Volume and Value Data
2.2.4.5 Rest-of-Asia-Pacific and Japan
2.2.4.5.1 Market
2.2.4.5.1.1 Buyer Attributes
2.2.4.5.1.2 Key Producers and Suppliers in Rest-of-Asia-Pacific and Japan
2.2.4.5.1.3 Business Drivers
2.2.4.5.1.4 Business Challenges
2.2.4.5.2 Applications
2.2.4.5.2.1 Rest-of-Asia-Pacific and Japan 2D Materials Market (by End User), Volume and Value Data
2.2.4.5.3 Products
2.2.4.5.3.1 Rest-of-Asia-Pacific and Japan 2D Materials Market (by Material Type), Volume and Value Data
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Competitive Benchmarking
3.1.1 Competitive Position Matrix
3.1.2 Product Matrix for Key Companies, By Material Type
3.1.3 Market Share Analysis of Key Companies, 2021
3.2 Company Profiles
3.2.1 6Carbon Technology
3.2.1.1 Company Overview
3.2.1.1.1 Role of 6Carbon Technology in the Asia-Pacific 2D Materials Market
3.2.1.1.2 Product Portfolio
3.2.1.1.3 Production Sites
3.2.1.2 Analyst View
3.2.2 Nitronix Nanotechnology Corporation
3.2.2.1 Company Overview
3.2.2.1.1 Role of Nitronix Nanotechnology Corporation in the Asia-Pacific 2D Materials Market
3.2.2.1.2 Product Portfolio
3.2.2.1.3 Production Sites
3.2.2.2 Corporate Strategies
3.2.2.2.1 Partnerships, Collaborations, and Joint Ventures
3.2.2.3 Analyst View
3.2.3 2D Water
3.2.3.1 Company Overview
3.2.3.1.1 Role of 2D Water in the Asia-Pacific 2D Materials Market
3.2.3.1.2 Product Portfolio
3.2.3.1.3 Production Sites
3.2.3.2 Analyst View
4 Research Methodology
4.1 Primary Data Sources
4.2 Data Sources
4.3 Assumptions and Limitations
List of Figures
Figure 1: Asia-Pacific 2D Materials Market, $Million, 2021, 2022, and 2031
Figure 2: Asia-Pacific 2D Materials Market (by End User), $Million, 2021 and 2031
Figure 3: Asia-Pacific 2D Materials Market (by Material Type), $Million, 2021 and 2031
Figure 4: 2D Materials Market (by Region), $Million, 2021 and 2031
Figure 5: Asia-Pacific Fuel Cell Electric Vehicle Fleets
Figure 6: Advantages of Employing Graphene in Fuel Cells
Figure 7: Advantages of Graphene and Derivatives in Fuel Cell Applications
Figure 8: Importance of Graphene in Achieving Sustainability Goals
Figure 9: Different Types of 2D Materials as Efficient ECR Electrocatalysts
Figure 10: Supply Chain Analysis of the 2D Materials Market
Figure 11: Automotive Production, Units, 2019-2021
Figure 12: Billing of Semiconductor Industry, $Billion, 2018-2022
Figure 13: Renewable Energy Capacity Additions (by Region), 2019-2021
Figure 14: Difference Between Bulk Materials and Nano Materials
Figure 15: Comparison Analysis Between Graphene and TMDCs
Figure 16: Different Methodologies of 2D Materials
Figure 17: Different Applications of Graphene/Mxene Composite in Medical Field
Figure 18: Smart Nanomaterials Market Snapshot
Figure 19: Clean Energy Investment in the Net Zero Pathway, $Trillion, 2016-2050
Figure 20: Numerous Types of Applications for Graphene Conductive Films
Figure 21: Numerous Types of Non-Graphene Materials and their Usage in Different Applications
Figure 22: Research Methodology
Figure 23: Top-Down and Bottom-Up Approach
Figure 24: 2D Materials Market: Influencing Factors
Figure 25: Assumptions and Limitations
List of Tables
Table 1: Consortiums and Associations
Table 2: Regulatory/Certification Bodies
Table 3: List of Government Programs for 2D Materials Market
Table 4: List of Programs by Research Institutions and Universities
Table 5: Key Product Developments
Table 6: Key Market Developments
Table 7: Key Mergers and Acquisitions
Table 8: Key Partnerships and Joint Ventures
Table 9: 2D Materials Market (by Region), Tons, 2021-2031
Table 10: 2D Materials Market (by Region), $Million, 2021-2031
Table 11: China 2D Materials Market (by End User), Tons, 2021-2031
Table 12: China 2D Materials Market (by End User), $Million, 2021-2031
Table 13: China 2D Materials Market (by Material Type), Tons, 2021-2031
Table 14: China 2D Materials Market (by Material Type), $Million, 2021-2031
Table 15: Asia-Pacific and Japan 2D Materials Market (by End User), Tons, 2021-2031
Table 16: Asia-Pacific and Japan 2D Materials Market (by End User), $Million, 2021-2031
Table 17: Asia-Pacific and Japan 2D Materials Market (by Material Type), Tons, 2021-2031
Table 18: Asia-Pacific and Japan 2D Materials Market (by Material Type), $Million, 2021-2031
Table 19: Japan 2D Materials Market (by End User), Tons, 2021-2031
Table 20: Japan 2D Materials Market (by End User), $Million, 2021-2031
Table 21: Japan 2D Materials Market (by Material Type), Tons, 2021-2031
Table 22: Japan 2D Materials Market (by Material Type), $Million, 2021-2031
Table 23: South Korea 2D Materials Market (by End User), Tons, 2021-2031
Table 24: South Korea 2D Materials Market (by End User), $Million, 2021-2031
Table 25: South Korea 2D Materials Market (by Material Type), Tons, 2021-2031
Table 26: South Korea 2D Materials Market (by Material Type), $Million, 2021-2031
Table 27: India 2D Materials Market (by End User), Tons, 2021-2031
Table 28: India 2D Materials Market (by End User), $Million, 2021-2031
Table 29: India 2D Materials Market (by Material Type), Tons, 2021-2031
Table 30: India 2D Materials Market (by Material Type), $Million, 2021-2031
Table 31: Australia 2D Materials Market (by End User), Tons, 2021-2031
Table 32: Australia 2D Materials Market (by End User), $Million, 2021-2031
Table 33: Australia 2D Materials Market (by Material Type), Tons, 2021-2031
Table 34: Australia 2D Materials Market (by Material Type), $Million, 2021-2031
Table 35: Rest-of-Asia-Pacific and Japan 2D Materials Market (by End User), Tons, 2021-2031
Table 36: Rest-of-Asia-Pacific and Japan 2D Materials Market (by End User), $Million, 2021-2031
Table 37: Rest-of-Asia-Pacific and Japan 2D Materials Market (by Material Type), Tons, 2021-2031
Table 38: Rest-of-Asia-Pacific and Japan 2D Materials Market (by Material Type), $Million, 2021-2031
Table 39: Product Matrix for Key Companies, By Material Type
Table 40: Market Shares of Key Companies, 2021

Executive Summary

The Asia-Pacific 2D materials market (excluding China) is estimated to reach $756.0 million by 2031, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 25.9% during the forecast period 2022-2031.

Consumer electronics, automotive, wearable electronics, aerospace, and defense, among other industries, are the 2D materials market's end-user segments in the Asia-Pacific and Japan region. Additionally, Asia-Pacific has the highest demand for mobility, elevating the region to the status of an automotive hub among consumers.

USPs of report

Market ranking analysis based on product portfolios and recent developments

  • Analysis of business drivers and challenges of the Asia-Pacific 2D Materials Market
  • Detailed analysis of 2D Materials Market for Japan, India, South Korea and Australia
  • A detailed company profile comprising established players

Market segregation based on material type and end-user

Analyst’s Perspective on Asia-Pacific 2D Materials Market

The Principal Analyst states, '2D materials have gained growth in recent years due to a growing emphasis on environmentally friendly and emerging 2D materials. Due to their outstanding strength, compact size, flexibility, and superior thermal and electrical conductivity, 2D materials are distinctive in many ways. Furthermore, due to several technical and performance advancements in various 2D materials such as Mxene, hexagonal boron nitride, and TMDCs, among others, the market is anticipated to expand quickly during the forecast period.'

Some of the prominent names established in this market are:

  • 6Carbon Technology
  • Nitronix Nanotechnology Corporation
  • 2D Water

Key Questions Answered in the Report

  • What are the main bottlenecks for scaling up 2D materials, and how can they be overcome?
  • Where do you see the greatest need for additional R&D efforts?
  • What are the advantages of the emerging 2D materials that are entering the market, and how are they used in various applications?
  • Which applications (by end user) and products (by material type) segments are leading in terms of consumption of the 2D materials market, and which of them are expected to witness high demand growth during 2022-2031?

Companies Mentioned

  • 6Carbon Technology
  • Nitronix Nanotechnology Corporation
  • 2D Water

Table Information

Report AttributeDetails
No. of Pages121
PublishedNovember 2023
Forecast Period2022 - 2031
Estimated Market Value ( USD ) in 2022 $ 95.2 Million
Forecasted Market Value ( USD ) by 2031 $ 756 Million
Compound Annual Growth Rate25.9%
Regions CoveredAsia Pacific
No. of Companies Mentioned3

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About the 2D Material Market

The 2D Material market is a subset of the Advanced Materials industry, focusing on the development and production of two-dimensional materials. These materials are composed of a single layer of atoms, and are used in a variety of applications, such as electronics, energy storage, and sensors. 2D Materials are highly sought after due to their unique properties, such as their high electrical conductivity, flexibility, and strength. The 2D Material market is driven by the increasing demand for advanced materials in various industries, such as automotive, aerospace, and consumer electronics. Companies in the market are investing heavily in research and development to develop new materials and applications. Some companies in the 2D Material market include Graphenea, XG Sciences, Haydale, Vorbeck Materials, and Nanocomp Technologies. Show Less Read more

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