Graphene is a carbon allotrope composed of a single sheet of atoms organized in a two-dimensional honeycomb lattice nanostructure. The name is derived from the words “graphite” and the suffix -ene, which refers to the graphite allotrope of carbon’s abundance of double bonds. Each atom in a graphene sheet is connected to its three closest neighbors by a -bond, and each atom contributes one electron to a conduction band that spans the entire sheet. This type of bonding is found in carbon nanotubes, polycyclic aromatic hydrocarbons, and (partially) fullerenes and glassy carbon.
Graphene Market Scope and Research Methodology:
The report’s goal is to analyze and forecast the Graphene market size. In order to correctly depict the competition scenario for the worldwide Graphene industry, the market research provides strategic profiling of important market participants. It contains a thorough examination of new product launches, acquisitions, mergers and acquisitions, joint ventures, brands, and important players in the Graphene business. The research contains information on industry trends and developments, market dynamics and their potential, assisting specialists in staying current on the most recent trends and sector performance, estimating growth and fall in Graphene market share during the forecast period. Primary and secondary research approaches were used to have a thorough understanding of the Graphene industry. Various approaches such as the PESTLE, PORTER, and SWOT analysis were applied for accurate results. SWOT analysis was used to identify the industry’s key players’ strengths, weaknesses, opportunities, and difficulties. The PORTER and PESTLE study assists in comprehending the microeconomic and macroeconomic aspects influencing the Graphene industry.
Graphene Market Report Overview:
The research comprehensively covers insight analysis in light of the Graphene Market, as well as its ever-changing patterns, industry environment, and all leading market elements. The Graphene market study also includes a complete analysis of leading players.
Graphene Market size was valued at US$ 0.860 Billion in 2020 and the Graphene Market revenue is expected to grow at 11.47% through 2021 to 2027, reaching nearly US$ 1.83 Billion.
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Graphene Market Segmentation:
The graphene market is still in its infancy, with few laws and norms in place. Several businesses are developing distinct types of graphene materials, resulting in market variety and confusion. As a result of this problem, there is currently fictional graphene on the market, which is difficult to detect throughout the product development process. As a result, multiple incidences of low-quality graphene from vendors have occurred, undermining end-user trust. Some institutes are developing graphene quality testing methods.
Thomas Swan & Co. Limited sold major assets related to a proprietary graphene processing technique to Mason Graphite Inc. via its subsidiary Black Swan Graphene Inc. in July 2021. As a result of this element, the company’s manufacturing efficiency will improve.
First Graphene Ltd partnered with Gerdau S.A. in March 2021 to expand the market for PureGRAPH graphene products in the Americas. Gerdau S.A. will be the sole distributor of First Graphene’s product line in Brazil, South America, and the United States.
The graphene nanoplatelets material segment dominated the graphene market in 2020, accounting for more than 42% of total revenue. The lightweight, mechanical properties, and increased thermal and electrical conductivities of graphene nanoplatelets, as well as the low cost and simple manufacturing technique, are expected to drive growth in the market. Graphene nanoplatelets improve the mechanical and tribological properties of the material while also increasing its barrier properties and thermal conductivity.
Graphene nanoplatelets are added to polymer matrices to increase mechanical behavior, chemical resistance, and lifespan. As a result, increased demand for graphene nanoplatelets is likely to boost graphene market expansion.
Graphene Market Key Players:
• 2D Carbon Graphene Materials Co. Ltd.
• ACS Material
• Applied Graphene Materials
• China Carbon Graphite Inc.
• Elcora Advanced Materials
• Global Graphene Group
• Grafoid Inc.
• Graphenano
• G6 Materials
• Graphenea SA
• Haydale Graphene Industries
• Morsh
• NanoXplore Inc.
• Thomas Swan & Co. Ltd.
• Vorbeck Materials
• Xolve Inc.
Graphene Market Regional Analysis:
The report is divided into several key countries, with market size, growth rate, import and export of Graphene market in these countries, which cover North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Key Questions answered in the Graphene Market Report are:
- Which segment grabbed the largest share in the Graphene market?
- Which segment is expected to grow at a high rate during the forecast period?
- How is the competitive scenario of the Graphene market?
- Which are the key factors driving the Graphene market growth?
- Which region holds the maximum share in the Graphene market?
- What will be the CAGR of the Graphene market during the forecast period?
- Which are the prominent players in the Graphene market?
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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