+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Graphene Market (by Material, Application, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)

  • PDF Icon

    Report

  • 145 Pages
  • October 2023
  • Region: Global
  • Koncept Analytics
  • ID: 5895027
10% Free customization
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

Graphene is the thinnest and strongest substance on the planet, with exceptional thermal and electrical conductivity. Graphene is a two-dimensional substance made up of a single sheet of carbon atoms in a honeycomb lattice arrangement.

Graphene is classified into three types: 1) pure graphene (monolayer), which is a single atom thick, 40 times stronger than diamond, and 200 times stronger than steel; 2) bi-layer graphene, which has qualities similar to pure graphene; and 3) few-layer graphene. Because of graphene's outstanding heat conductivity, electrical conductivity, mechanical strength, and huge surface area, its uses are commonly regarded to be limitless. These qualities have the ability to change the properties of other materials, such as composites, concrete, elastomers, and plastics. The global graphene market is expected to be worth US$198.39 million in 2023, progressing at a CAGR of 25.56% over the forecasted period.

Segment Covered

By Material: On the basis of material, the report provides the bifurcation of the graphene market into four segments: Graphene Oxide, Reduced Graphene Oxide, Graphene Nanoplatelets, and Others. Reduced graphene oxide segment is expected to be the fastest growing segment in the forecasted period. The product is widely used when a big amount is needed for commercial uses like energy storage. The use of reduced graphene oxide is expanding in fields like research, batteries, biomedicine, supercapacitors, and printable graphene electronics. The product is also utilized in field effect transistors (FETs), which are chemical and biological sensors. Consequently, it is anticipated that the product's availability in a variety of applications would foster the growth during the anticipated period.

By Application: In terms of application, the report identifies four segments of the global graphene market: Composites, Electronics, Energy and Others. Graphene composites dominated the market, owing to their diverse applications in aerospace, automotive, coatings, metals, and plastics. By combining the potential of graphene with already-existing products, composite materials are created. In order to improve the quality and performance of sporting equipment for cycling, skiing, and other sports, graphene-based composites are used. Furthermore, due to its qualities like UV resistance, lightweight, and flexibility, the product's demand is growing in the composites application segment.

Geographic Coverage

According to this report, the global graphene market is divided into four regions: North America, Asia Pacific, Europe, and ROW. The countries covered in North America region are the US, Canada, and Mexico, while Europe includes Germany, The UK, France, Italy, Spain and Rest of the Europe. Moreover, China, Japan, India, Australia, South Korea, and Rest of the Asia Pacific are included in the Asia Pacific region. North America accounted for the maximum share of the global market. The production of graphene in North America is growing, as the material is increasingly being used in a variety of industries and applications. North America is home to several companies that are involved in the production of graphene and graphene-based products, including those in the US and Canada. The production of graphene in North America is driven by factors such as the increasing demand for materials with unique properties, the growing awareness of the environmental benefits of using graphene, and advances in manufacturing techniques. The Asia Pacific market is expected to expand significantly during the forecast period. Favorable government policies, funding, and research will all contribute to the growth of the local market during this time. Additionally, the region's market is anticipated to be driven by the presence of large manufacturers and consumers as well as the increase in production across a number of sectors, including the automotive, defense, marine, and aerospace industries.

Top Impacting Factors

Growth Drivers

  • Growing Electronics Industry
  • Surging Demand From Construction Activities
  • Use of Graphene in Sports Equipment and Clothes
  • Growing Applications of Graphene in Medical Sector

Challenges

  • Lack of standardization
  • Limited Availability of High-quality Graphene

Trends

  • Increasing Demand for Electric Vehicles
  • Growing Graphene Applications in the Aerospace Industry
  • New Production Methods and Increasing Number of Filed Patents
  • Increasing Role of Graphene in the Decarbonisation

Driver: Surging Demand From Construction Activities

Graphene is a material that has many potential applications in the construction sector. One potential way that graphene could be used to enhance concrete and reduce the amount of steel rebar and cement required is by adding graphene to the concrete mix. Graphene is an extremely strong and durable material, and adding it to concrete could potentially improve the strength and durability of the concrete. This could allow for the use of less steel rebar in construction projects, as the reinforced concrete would be able to withstand greater stresses and loads without the need for additional reinforcement. Additionally, the use of graphene could also potentially reduce the amount of cement required in the concrete mix, as the graphene would help to improve the overall strength and durability of the concrete. This could lead to cost savings for construction projects, as well as reduced emissions of CO2 from the production of cement.

Challenge: Limited Availability of High-quality Graphene

There is currently a dearth of high-quality graphene with consistent and reliable properties. Despite recent improvements in graphene production techniques, it is still difficult to produce high-quality graphene, and many graphene samples have varying quality and performance. This limited availability of high-quality graphene is a major challenge for the growth of the graphene market, as it makes it difficult for manufacturers to obtain a consistent and reliable supply of graphene for use in their products. In addition, the lack of consistency in the quality of graphene can make it difficult for researchers to conduct experiments and obtain reproducible results, which can hinder the advancement of graphene research and development.

Trend: Increasing Demand for Electric Vehicles

The incorporation of graphene into composite load-bearing structures to increase strength and toughness while reducing weight is the primary potential application in the automotive industry. Graphene is extremely beneficial in extending the life of lithium-ion batteries while also reducing the overall weight of the battery assembly. As a result, the demand for graphene in the production of electric vehicles is increasing, which is expected to boost market demand in the near future. The addition of a touchscreen display and other "smart" features increases the motivation for developing a graphene dashboard. Most touchscreens today are made of indium tin oxide, which is both expensive and rigid. Graphene is a much less expensive and more versatile option. Touchscreens in vehicles are subjected to a variety of stresses, including traumatic stress in the event of an accident. As a result, it is critical to consider a touchscreen display's overall physical durability. Furthermore, the growing popularity of graphene due to its superior properties is propelling the Graphene market over the forecast period.

The COVID-19 Analysis

The COVID-19 pandemic has had a profound impact on the graphene market. The pandemic has caused many businesses to shut down or reduce their operations, which has led to a decrease in demand for many products, including those made with graphene. Additionally, the supply chain disruptions caused by the pandemic have made it more difficult for manufacturers to obtain the raw materials and other inputs needed to produce graphene-based products. Despite the short-term challenges posed by the pandemic, the post COVID outlook for the graphene market looks positive. The increasing demand for high-tech products and the growing need for sustainable and renewable energy solutions are expected to drive the growth of the graphene market in the coming years. Governments around the world are also investing in research and development of graphene-based technologies, which is expected to further support the growth of the market.

Analysis of Key Players

Global graphene market is moderately concentrated, with many companies and research institutions working on developing graphene-based technologies and products. The key players in the global graphene market are Haydale Graphene Industries Plc., Directa Plus SpA, Applied Graphene Materials, NanoXplore Inc, Global Graphene Group, Thomas Swan & Co. Ltd., G6 Materials Corp, ACS Material, LLC, Grolltex, Inc., BGT Materials, and Graphenea Inc.

Please note: 10% free customization equates to up to 3 hours of analyst time.

Table of Contents


1. Executive Summary
2. Introduction
2.1 Graphene: An Overview
2.1.1 Properties of Graphene
2.1.2 Existing Graphene Production Methods
2.2 Graphene Segmentation: An Overview
2.2.1 Graphene Segmentation
3. Global Market Analysis
3.1 Global Graphene Market: An Analysis
3.1.1 Global Graphene Market: An Overview
3.1.2 Global Graphene Market by Value
3.1.3 Global Graphene Market by Material (Graphene Oxide, Reduced Graphene Oxide, Graphene Nanoplatelets, and Others)
3.1.4 Global Graphene Market by Application (Composites, Electronics, Energy and Others)
3.1.5 Global Graphene Market by Region (North America, Asia Pacific, Europe, and rest of the World (ROW))
3.2 Global Graphene Market: Material Analysis
3.2.1 Global Graphene Market by Material: An Overview
3.2.2 Global Graphene Oxide Market by Value
3.2.3 Global Reduced Graphene Oxide Market by Value
3.2.4 Global Graphene Nanoplatelets Market by Value
3.2.5 Global Other Graphene Materials Market by Value
3.3 Global Graphene Market: Application Analysis
3.3.1 Global Graphene Market by Application: An Overview
3.3.2 Global Graphene Composites Market by Value
3.3.3 Global Graphene Electronics Market by Value
3.3.4 Global Graphene Energy Market by Value
3.3.5 Global Other Graphene Applications Market by Value
4. Regional Market Analysis
4.1 North America Graphene Market: An Analysis
4.1.1 North America Graphene Market: An Overview
4.1.2 North America Graphene Market by Value
4.1.3 North America Graphene Market by Region (The US, Canada, and Mexico)
4.1.4 The US Graphene Market by Value
4.1.5 The US Graphene Market by Material (Graphene Oxide, Reduced Graphene Oxide, Graphene Nanoplatelets, and Other Materials)
4.1.6 The US Graphene Oxide Graphene Market by Value
4.1.7 The US Graphene Nanoplatelets Market by Value
4.1.8 The US Reduced Graphene Oxide Market by Value
4.1.9 The US Other Graphene Materials Market by Value
4.1.10 Canada Graphene Market by Value
4.1.11 Mexico Graphene Market by Value
4.2 Asia Pacific Graphene Market: An Analysis
4.2.1 Asia Pacific Graphene Market: An Overview
4.2.2 Asia Pacific Graphene Market by Value
4.2.3 Asia Pacific Graphene Market by Region (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific)
4.2.4 China Graphene Market by Value
4.2.5 Japan Graphene Market by Value
4.2.6 India Graphene Market by Value
4.2.7 Australia Graphene Market by Value
4.2.8 South Korea Graphene Market by Value
4.2.9 Rest of Asia Pacific Graphene Market by Value
4.3 Europe Graphene Market: An Analysis
4.3.1 Europe Graphene Market: An Overview
4.3.2 Europe Graphene Market by Value
4.3.3 Europe Graphene Market by Region (Germany, The UK, France, Italy, Spain and Rest of the Europe)
4.3.4 Germany Graphene Market by Value
4.3.5 The UK Graphene Market by Value
4.3.6 France Graphene Market by Value
4.3.7 Italy Graphene Market by Value
4.3.8 Spain Graphene Market by Value
4.3.9 Rest of Europe Graphene Market by Value
4.4 Rest of World Graphene Market: An Analysis
4.4.1 Rest of World Graphene Market: An Overview
4.4.2 Rest of World Graphene Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Graphene Industry
5.1.2 Post-COVID Scenario
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Growing Electronics Industry
6.1.2 Surging Demand from Construction Activities
6.1.3 Increasing Use in Painting and Coating
6.1.4 Use of Graphene in Sports Equipment and Clothes
6.1.5 Increasing Use of Graphene Membranes
6.1.6 Growing Applications of Graphene in Medical Sector
6.1.7 Supportive Government Initiatives and Policies
6.2 Challenges
6.2.1 Lack of standardization
6.2.2 Limited Availability of High-quality Graphene
6.2.3 Lack of Infrastructure and Expertise
6.3 Market Trends
6.3.1 Increasing Demand for Electric Vehicles
6.3.2 Growing Graphene Applications in the Aerospace Industry
6.3.3 New Production Methods and Increasing Number of Filed Patents
6.3.4 Increasing Role of Graphene in the Decarbonisation
7. Competitive Landscape
7.1 Global Graphene Market Players: A Financial Comparison
7.2 Global Graphene Market Players: End Market & Functionalization Process
8. Company Profiles
8.1 Applied Graphene Materials PLC
8.1.1 Business Overview
8.1.2 Operating Regions
8.1.3 Business Strategy
8.2 Directa Plus PLC
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy
8.3 Haydale Graphene Industries PLC
8.3.1 Business Overview
8.3.2 Revenue by Types
8.3.3 Business Strategy
8.4 NanoXplore Inc.
8.4.1 Business Overview
8.4.2 Operating Regions
8.4.3 Business Strategy
8.5 G6 Materials Corp.
8.5.1 Business Overview
8.5.2 Business Strategy
8.6 Global Graphene Group
8.6.1 Business Overview
8.6.2 Business Strategy
8.7 Thomas Swan & Co. Ltd
8.7.1 Business Overview
8.8 ACS Material LLC
8.8.1 Business Overview
8.9 Graphenea Inc.
8.9.1 Business Overview
8.10 GrollTex LLC
8.10.1 Business Overview
8.11 BGT Materials Ltd.
8.11.1 Business Overview
List of Charts
  • Properties of Graphene
  • Existing Graphene Production Methods
  • Graphene Segmentation
  • Global Graphene Market by Value; 2017-2021 (US$ Million)
  • Global Graphene Market by Value; 2022-2027 (US$ Million)
  • Global Graphene Market by Material; 2021 (Percentage, %)
  • Global Graphene Market by Application; 2021 (Percentage, %)
  • Global Graphene Market by Region; 2021 (Percentage, %)
  • Global Graphene Oxide Market by Value; 2017-2021 (US$ Million)
  • Global Graphene Oxide Market by Value; 2022-2027 (US$ Million)
  • Global Reduced Graphene Oxide Market by Value; 2017-2021 (US$ Million)
  • Global Reduced Graphene Oxide Market by Value; 2022-2027 (US$ Million)
  • Global Graphene Nanoplatelets Market by Value; 2017-2021 (US$ Million)
  • Global Graphene Nanoplatelets Market by Value; 2022-2027 (US$ Million)
  • Global Other Graphene Materials Market by Value; 2017-2021 (US$ Million)
  • Global Other Graphene Materials Market by Value; 2022-2027 (US$ Million)
  • Global Graphene Composites Market by Value; 2017-2021 (US$ Million)
  • Global Graphene Composites Market by Value; 2022-2027 (US$ Million)
  • Global Graphene Electronics Market by Value; 2017-2021 (US$ Million)
  • Global Graphene Electronics Market by Value; 2022-2027 (US$ Million)
  • Global Graphene Energy Market by Value; 2017-2021 (US$ Million)
  • Global Graphene Energy Market by Value; 2022-2027 (US$ Million)
  • Global Other Graphene Applications Market by Value; 2017-2021 (US$ Million)
  • Global Other Graphene Applications Market by Value; 2022-2027 (US$ Million)
  • North America Graphene Market by Value; 2017-2021 (US$ Million)
  • North America Graphene Market by Value; 2022-2027 (US$ Million)
  • North America Graphene Market by Region; 2021 (Percentage, %)
  • The US Graphene Market by Value; 2017-2021 (US$ Million)
  • The US Graphene Market by Value; 2022-2027 (US$ Million)
  • The US Graphene Market by Material; 2021 (Percentage, %)
  • The US Graphene Oxide Graphene Market by Value; 2017-2021 (US$ Million)
  • The US Graphene Oxide Graphene Market by Value; 2022-2027 (US$ Million)
  • The US Graphene Nanoplatelets Market by Value; 2017-2021 (US$ Million)
  • The US Graphene Nanoplatelets Market by Value; 2022-2027 (US$ Million)
  • The US Reduced Graphene Oxide Market by Value; 2017-2021 (US$ Million)
  • The US Reduced Graphene Oxide Market by Value; 2022-2027 (US$ Million)
  • The US Other Graphene Materials Market by Value; 2017-2021 (US$ Million)
  • The US Other Graphene Materials Market by Value; 2022-2027 (US$ Million)
  • Canada Graphene Market by Value; 2017-2021 (US$ Million)
  • Canada Graphene Market by Value; 2022-2027 (US$ Million)
  • Mexico Graphene Market by Value; 2017-2021 (US$ Million)
  • Mexico Graphene Market by Value; 2022-2027 (US$ Million)
  • Asia Pacific Graphene Market by Value; 2017-2021 (US$ Million)
  • Asia Pacific Graphene Market by Value; 2022-2027 (US$ Million)
  • Asia Pacific Graphene Market by Region; 2021 (Percentage, %)
  • China Graphene Market by Value; 2017-2021 (US$ Million)
  • China Graphene Market by Value; 2017-2021 (US$ Million)
  • Japan Graphene Market by Value; 2017-2021 (US$ Million)
  • Japan Graphene Market by Value; 2022-2027 (US$ Million)
  • India Graphene Market by Value; 2017-2021 (US$ Million)
  • India Graphene Market by Value; 2022-2027 (US$ Million)
  • Australia Graphene Market by Value; 2017-2021 (US$ Million)
  • Australia Graphene Market by Value; 2022-2027 (US$ Million)
  • South Korea Graphene Market by Value; 2017-2021 (US$ Million)
  • South Korea Graphene Market by Value; 2022-2027 (US$ Million)
  • Rest of Asia Pacific Graphene Market by Value; 2017-2021 (US$ Million)
  • Rest of Asia Pacific Graphene Market by Value; 2022-2027 (US$ Million)
  • Europe Graphene Market by Value; 2017-2021 (US$ Million)
  • Europe Graphene Market by Value; 2022-2027 (US$ Million)
  • Europe Graphene Market by Region; 2021 (Percentage, %)
  • Germany Graphene Market by Value; 2017-2021 (US$ Million)
  • Germany Graphene Market by Value; 2022-2027 (US$ Million)
  • The UK Graphene Market by Value; 2017-2021 (US$ Million)
  • The UK Graphene Market by Value; 2022-2027 (US$ Million)
  • France Graphene Market by Value; 2017-2021 (US$ Million)
  • France Graphene Market by Value; 2022-2027 (US$ Million)
  • Italy Graphene Market by Value; 2017-2021 (US$ Million)
  • Italy Graphene Market by Value; 2022-2027 (US$ Million)
  • Spain Graphene Market by Value; 2017-2021 (US$ Million)
  • Spain Graphene Market by Value; 2022-2027 (US$ Million)
  • Rest of Europe Graphene Market by Value; 2017-2021 (US$ Million)
  • Rest of Europe Graphene Market by Value; 2022-2027 (US$ Million)
  • Rest of World Graphene Market by Value; 2017-2021 (US$ Million)
  • Rest of World Graphene Market by Value; 2022-2027 (US$ Million)
  • Global Electronics Industry Growth Rate; 2020-2022 (Perentage, %)
  • Global Construction Market Size; 2021-2030 (US$ Trillion)
  • Global Share of Electric Vehicles; 2017-2021 (Percentage, %)
  • Global Number of Aircraft Fleet; 2020-2032 (Thousands)
  • Applied Graphene Materials PLC Revenue by Regions; 2021 (Percentage, %)
  • Directa Plus PLC Revenue by Segments; 2021 (Percentage, %)
  • Haydale Graphene Industries PLC Revenue by Types; 2022 (Percentage, %)
  • NanoXplore Inc. Revenues From Region; 2022 (Percentage, %)
List of Tables
  • Global Graphene Market Players: A Financial Comparison; 2021/2022
  • Global Graphene Market Players: End Market & Functionalization Process

Companies Mentioned

  • Applied Graphene Materials PLC
  • Directa Plus PLC
  • Haydale Graphene Industries PLC
  • NanoXplore Inc.
  • G6 Materials Corp.
  • Global Graphene Group
  • Thomas Swan & Co. Ltd
  • ACS Material LLC
  • Graphenea Inc.
  • GrollTex LLC
  • BGT Materials Ltd.