Graphene Nanoplatelets Market Size To Cross USD 206.0 Million By 2025: Grand View Research, Inc.
The global graphene nanoplatelets market is expected to reach
USD 206.0 million by 2025, according to a report by Grand View Research, Inc.
The rising demand for lightweight composite materials in numerous end-user
industries is expected to propel the market growth.
The product has unique mechanical properties
including high tensile strength, surface hardness, and stiffness. Layered
composition of the particles imparts superior thermal and electrical properties
of the product as compared to conventional carbon compounds. Furthermore, the
unique platelet morphology of these nanomaterials leads to improved barrier
properties. Therefore, nano-dimensional size, material composition, and thermal
& electrical conductivity encourage their usage in composites, energy &
power, conductive inks & coatings, and lubricants.
Enhanced toughness, scratch resistance, and abrasion
resistance have fueled the usage of the product in composites. Composites based
on graphene nanoplatelets are experiencing surging demand in the automotive,
aerospace, and construction industries. The growing demand for advanced
composite materials in several end-user industries is anticipated to propel the
market growth over the forecast period.
North America held the largest share of the global
market in 2016 owing to significant demand for high-performance composites and
sustainable energy & power storage system. Considerable presence of various
aircraft and automotive manufacturers has boosted the demand in the U.S. over
the past few years. Asia Pacific is projected to witness spurring demand for
graphene nanoplatelets over the forecast period. Supportive governmental
policies in countries including China and India are expected to favor the
market growth in Asia Pacific.
Full
Research Report On Global Graphene Nanoplatelets Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/graphene-nanoplatelets-market
www.grandviewresearch.com/industry-analysis/graphene-nanoplatelets-market
Further
key findings from the study suggest:
- The global graphene nanoplatelets market was
valued at USD 11.9 million in 2016 and is expected to grow at a robust
CAGR of 37.6% from 2017 to 2025, driven by the increasing consumption in
key end-use verticals such as aerospace and energy & power
- Advantageous features including electrical
conductivity, thermal stability, and increased stiffness have encouraged
the consumption of the product in various applications
- Composites application segment is expected to
dominate the global market owing to significant demand in the aerospace
& defense, automotive, and construction sectors
- In terms of revenue, the composites segment
accounted for around 31% share of the global market in 2016 followed by
energy & power
- Energy & power is predicted to be the
fastest-growing application segment of the global market owing to
increased use of graphene nanoplatelets in lithium-ion batteries, lead
batteries, and ultracapacitors
- In terms of revenue, North America held the
largest share of the global market in 2016 owing to significant demand in
developed countries such as the U.S. and Canada
- Asia Pacific is estimated to dominate the
global market by 2025, surpassing North America. Prospective industrial
growth in countries including China, India, and Japan are likely to
attribute to the rapid growth in the Asia Pacific region.
- Key players include XG Sciences, Inc.; ACS
Materials LLC; CVD Equipment Corporation.; Angstron Material Inc.; and
Group NanoXplore Inc. The market is fragmented in nature owing to the
presence of numerous small and medium-scale producers.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/nanoparticles
www.grandviewresearch.com/industry/nanoparticles
Grand View Research has segmented the global graphene nanoplatelets
market on the basis of application and region:
Graphene
Nanoplatelets Application Outlook (Volume, Kilograms; Revenue, USD Thousand;
2014 - 2025)
- Composites
- Energy
& Power
- Conductive
Inks & Coatings
- Others
Graphene
Nanoplatelets Regional Outlook (Volume, Kilograms; Revenue, USD Thousand;
2014 - 2025)
- North
America
- U.S.
- Europe
- UK
- Spain
- Asia
Pacific
- China
- India
- Rest of
the World
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-graphene-nanoplatelets-market
www.grandviewresearch.com/press-release/global-graphene-nanoplatelets-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.
For More
Information: www.grandviewresearch.com
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