Graphene Market Worth $529.8 Million By 2025 | Key Industry Players AMO Gmbh, Directa Plus, Graphenea SA
San Francisco, 6
December 2018 - 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.
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.
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or view summary of this report:
www.grandviewresearch.com/industry-analysis/graphene-industry
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.
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 Of
This Research Report by Grand View Research:
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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