The global graphene market was valued at US$ 162.1 million in 2021, according to Graphene Market Report, by Product Type (Graphene Nanoflakes, Graphene Oxide, CVD (Chemical Vapour Deposition) 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 Coherent Market Insights.
The global graphene market is expected to reach US$ 2,152.9 Mn by 2028, exhibiting a CAGR of 44.7% during the forecast period (2021-2028). 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, graphene 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.
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Browse 50 market data tables* and 40 figures* on "Global Graphene Market” - Forecast to 2028.
Key Trends and Analysis of the Global Graphene Market:
Graphene is a potential solution to enhance energy capacity of devices such as electronic products including mobile phones and computers, with the help of graphene incorporated batteries. Therefore, growth of the electronics industry is expected to drive demand for graphene in the global market. According to the Japan Electronic and Information Industries Association (JEITA) in November 2021, imports of consumer electronics equipment market in Japan amounted to 642,186 million Japanese yen (USD 5,645.80 million) while the Exports amounted to 293,086 million Japanese yen (USD 2576.23).
Key Takeaways of the Global Graphene Market:
Global Graphene Market - Impact of Coronavirus (COVID-19) Pandemic
Antibody-conjugated graphene used for detection sheets, this sheets may quickly identify the virus and depending on their material prices, can be used for large-scale population screening, environmental sensor, and filter creation. When paired with light or heat, functionalized goods have high vital capture capability making them ideal for use as a disinfectant. To minimize the spread of nosocomial infection, graphite filters are used to capture bacteria and other particles. These sensors can be executed on drug adequacy screening and standard utility textiles to battle against COVID-19. During pandemic a few European manufacturing organizations, for example, Directa plus, a leading producer and supplier of graphene nanoplatelets and Graphenea, a leading graphene company are offering free samples to various researchers and research institutions to build diagnostic device that could help fight against the COVID-19.