Graphene is a honeycomb sheet of carbon atoms and is the building block for other graphitic materials. It is tougher than steel, lighter than aluminum, harder than diamond, and more elastic than rubber. The potential applications of graphene include energy generation, batteries, transistors, supercapacitors, antennas, solar cells, water filters, computer chips, and others.
Major players operating in the industry are undertaking various strategic initiatives such as collaborations and business expansion, in order to maintain their position in the competitive business environment. For instance, In July 2021, Mason Graphite Inc. has signed an agreement with Black Swan Graphene, to purchase strategic assets related to a patented graphene processing technology from Thomas Swan & Co. Limited, thereby, is likely to enhance the company's graphene business.
Among product type, graphene nanoflakes segment contributed to more than half of the revenue share in the overall graphene market across the globe, in 2020. Whereas, CVD (Chemical Vapor Deposition) Films segment is projected to grow at fastest CAGR of 45.8% during the forecast period (2021-2028). Key players functioning in the global graphene market are focused on expanding their business, in order to meet increasing demand from end-use industry. For instance, in February 2019, Grolltex, Inc., a nano materials & products company, completed its capacity expansion at its CVD graphene monolayer fabrication facility in San Diego, California, and increased its production to 30,000 eight-inch wafer equivalents per year. The company states that this is the only commercial CVD monolayer graphene production facility in California and it is the largest capacity plant of its kind in the U.S.
Based on application, the global graphene market is segregated into composites, conductive films & inks, energy, transistors, and others. Others segment includes application of graphene in biosensors and as a chemical catalyst. For instance, according to a paper, ‘Self‐healable Multifunctional Electronic Tattoos Based on Silk and Graphene’, published by in February 2019, a self-healing, biocompatible, and multifunctional electronic tattoo (e-tattoo) was developed by incorporating graphene with silk fibroin/Ca2+ films, which was designed to act as a biosensor.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.
* Browse 50 market data tables* and 40 figures* on “Global Graphene Market” - Forecast to 2028.