Graphene is a one-atom-thick layer of carbon atoms arranged in a hexagonal lattice. It is the building-block of Graphite, thus used in among others things, in pencil tips, But graphene is a notable substance on its own - with a multitude of astonishing properties which repeatedly earn it the title wonder material. According to worldwide market of graphene is expected to reach USD Companies Profiled The Graphene market is competitive with existing players in the market.
Some of the major players include -
• Graphenea S.A
• XG Sciences Inc.
• Vorbeck Materials
• Applied Graphene Materials plc ACS Materials LLC
• NanoXplore Inc
• BGT Materials Limited Ltd
• Grafoid Inc
• Thomas Swan & Co. Ltd.
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545.5 million by 2026 and it is anticipated to expand at a CAGR of 39.9% over the forecast timeframe. Increasing demand for smart consumer electronics is anticipated to fuel the market over the forecast period. The Graphene market dynamicsThe global graphene market driven by the increasing use of graphene in touch screen and rising demand for printed electronics. The lack of commercial production is expected to hinder the growth of the market studied. Graphene had several useful properties that include high mechanical strength, very high electron mobility and superior thermal conductivity. Conventional battery electrode materials and prospective one are significantly improved when enhanced with graphene.
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It makes batteries light, durable and suitable for high capacity energy storage as well as shortens charging times while extending the battery lifetime. Furthermore graphene is set to update the smartphone industry by replacing existing touch screen technology. Graphene is considerably cheaper than the material used in most updates smartphones and is much more agile. Graphene is used on commercial scale in optoelectronics, specifically touch screens for smartphones, tablet, desktop, computers and televisions, liquid crystal displays(LCD),and organic light emitting diodes (OLEDs).Owing to the rapid pace of innovation in the advancement of technology and R&D activities in the electronics industry, there is a high demand for newer and faster electronic products. Based on application, the xx segment is expected to grow at a CAGR of around xx% during the forecast period
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The market of Graphene is segmented on
By Product - Graphene nanoplatelets
• Graphene oxide
• others.
Graphene nanoplatelets enhance the properties of a broad variety of polymer materials including natural or synthetic rubber; thermoset and thermoplastic composites; thermoplastic elastomers; and paints and coatings adhesives owing to their unique nanoscale size
• shape
• and material composition.
• By Application -Electronics & Telecommunication
• Bio-medical & Healthcare
• Energy
• Aerospace and Defense
• Other. Overall
the various potential applications of graphene in electronics and telecommunications are projected to increase the consumption of graphene at an exponential rate during the forecast period.North America dominates the market throughout the forecast periodBy geology the market is sectioned into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. North America is projected to hold a assessment of USD 13.9 million by 2026 in the global graphene market. The US is anticipated to remain the leading graphene market in the region, supported by the increasing use of materials in high-performance composites and energy storage devices as well as increased R&D expenditure in advanced electronics. The rapid rise in the demand for printed electronics owing to technological improvements and increased awareness regarding the benefits of printed electronics is driving the growth of the graphene market in the region. The rapidly expanding energy and automotive sector is another major factor that has augmented the demand for graphene in the region. Companies Profiled The Graphene market is competitive with existing players in the market.
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Some of the major players include -
• Graphenea S.A
• XG Sciences Inc.
• Vorbeck Materials
• Applied Graphene Materials plc ACS Materials LLC
• NanoXplore Inc
• BGT Materials Limited Ltd
• Grafoid Inc
• Thomas Swan & Co. Ltd.
Research Methodology:The research methodology of global devices market involves extensive primary and secondary research. Primary research includes about 18 hours of interviews and discussions (telephonic, face-to-face, emails, and others), with a wide range of stakeholders including upstream and downstream participants. Primary research typically forms the bulk of the research efforts, but is also, coherently supported by extensive secondary research. Over 5,700 product literatures, industry releases, annual reports, and other such documents of key industry personnel have been reviewed to obtain a better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations releases, and government websites are also reviewed for generating high-value industry insights.
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