The global graphene market was valued at US$ 53.5 Mn in 2018, according to Global Graphene Market Report, by Product Type (Graphene Nanoflakes, Graphene Oxide, CVD (Chemical Vapor Deposition) Films, and Others), by Application (Composites, Conductive Films & Inks, Energy, Transistors, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) published by . The global graphene market is projected to reach US$ 1,421.2 Mn by 2027, exhibiting a CAGR of 44.7% during the forecast period (2019-2027). The market is expected to witness significant growth over the forecast period, attributing to rising demand of graphene in various applications such as conductive films & inks, composites, and energy applications along with growing demand from end-use industries including energy, composites & coatings, and biomedical. Moreover, graphen is widely used in electronic components and in various applications such as semiconductors, sensors, and super capacitors, owing to its thermal and electrical conductivity and a large surface-to-volume ratio. Graphene is a potential solution to enhance energy capacity of devices such as electronic products including mobile phones and computer, with the help of graphene incorporated batteries. Therefore, growth of the electronics industry is expected to fuel demand for graphene. For instance, according to India Brand Equity Foundation report on Electronics industry, June 2017, the electronics market in India is expected to witness a CAGR of 41.4% from 2016 to 2020 to reach US$ 400 billion by 2020, from US$ 100 billion in 2016. However, toxic nature of graphene and graphene production process is expected to hinder growth of the global graphene market across in the near future. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing-insight/graphene-market-275 Browse 22 market data tables* and 20 figures* on "Graphene Market” - Global forecast to 2027. Key Takeaways of the Market:
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