The
global graphene market is projected to reach USD 529.8
million by 2025, according to a new report by Grand View Research, Inc. Growing
electronics industry, especially in the emerging Asia Pacific region is
projected to drive the market over the forecast period. In terms of product,
graphene nanoplatelets dominated the market in 2015. These products are mainly
used in electronic devices. They are abundantly available and low priced.
Hence, they are commonly used by small-scale producers, due to cost sensitivity
of customers.
U.S. graphene market revenue, by application, 2014-2025 (USD Million) |
Electronics
was the most popular application area of graphene. Rising demand for consumer
electronics including smartphones and tablets is expected to be the biggest
industry driver in this segment. Rising per capita income of developing
countries such as India and China has resulted in high demand for consumer
electronics and luxury vehicles, which is expected to provide the impetus for
industry growth.
Browse full
research report on Graphene Market: www.grandviewresearch.com/industry-analysis/graphene-industry
Further
Key findings from the study suggest:
- Graphene nanoplatelets are expected to grow at
the highest CAGR of over 45% from 2016 to 2025 on account of rising
application in the electronics industry due to superior properties
including high strength and stiffness
- The electronics industry dominated the
application segment of the graphene market in 2015, with a share of over
40% as graphene is increasingly being used as an alternative to indium-tin
oxide (ITO) in the manufacturing of low-cost, flexible touch screen displays
for mobile phones and tablets
- North America accounted for the largest share
of over 30% in 2015 with U.S. being a major market and home to some of the
largest electronics players such as Apple, Hewlett-Packard, Dell and
Intel.
- The market in Asia Pacific is projected to grow
at the highest CAGR of 38.7% from 2016 to 2025 courtesy growing markets in
emerging countries such as China and India
- In March 2016, Haydale Composite Solutions
Limited in collaboration with SHD Composites Ltd. launched new graphene-based
enhanced carbon fiber products.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/nanoparticles
Grand View Research has segmented the global graphene market on the basis
of product, application, and region:
Product
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- Graphene
Nanoplatelets
- Graphene
Oxide
- Others
Application
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- Electronics
- Composites
- Energy
- Others
Regional
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Spain
- UK
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- MEA
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-graphene-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
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