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Global Graphene Market worth USD 39.82 million in 2018

(EnergyIndustry.Net, October 16, 2019 )

Graphene is a one-atom-thick sheet of carbon atoms in a honeycomb crystal lattice (hexagons), and is the single building-block of graphite. It is the strongest material in the world, while being lightweight and with extraordinary electrical, thermal and optical properties. Graphene has a lot of possible applications in various fields like batteries, sensors, solar panels, electronics and more.



Growing R&D Activities and Large Graphite Reserves Will Boost the Market

Graphene has potential use in several applications such as RFID, composites, sensors, research & development, energy storage, functional ink, and polymer additives.

The industry is at its promising stage of commercialization. Therefore, more than 75% of the graphene was used for research & development and prototype preparation by research institutes, universities, and research & development, in 2017.

Major companies in the world such as Nokia, Samsung, Intel, IBM, and others are making investments on graphene based energy storage systems. In 2018, Chinese coke company Baotailong New Materials has completed construction of a USD 9.6 million graphene production project in the north of the country and has launched trial-stage operations.

Thus, the increasing investments and collaborations of major companies will boost the market in the future. Furthermore, Asia-Pacific market include presence of large graphite mines in China, ongoing research on graphene in India, China, Japan, Korea, & Taiwan, and huge scope in electronics applications in this region.





Browse Full Report @

https://www.datamintelligence.com/research-report/graphene-market





Graphene NanoPlatelets (GNP) is the leading segment type of the market

Graphene Nano Platelets (GNP) market was valued at USD 25.85 million in 2018 and is expected to reach USD 234.11 million by 2026 with a CAGR of 31.96% during the forecast period 2019 to 2026.

The graphene nanoplatelets are produced from natural graphite and normally created through chemical exfoliation, thermal shock and shear, or in a plasma reactor.

The graphene nanoplatelets can be used in super capacitors owing to the properties of the material including high accessible surface area, good electrical conductivity and low cost of raw materials. The material can also be used as a catalyst support for oxygen reduction reaction in proton exchange membrane fuel cell after chemical doping with nitrogen.

The key market players involved in the product development of graphene nanoplatelets include XG Sciences, Applied Graphene Materials plc, GrapheneTech, Nanointegris, Inc., and Thomas Swan & Co. Limited.

In March 2018, Gratomic Inc. and Perpetuus Carbon Technologies Ltd. announced the formation of a joint venture for the purpose of completing a study that would determine the optimum method to produce graphene nanoplatelets from mined graphite provided by Gratomic Inc.



Asia Pacific is the leading region in world for Graphene market

The Asia-Pacific Graphene market value was USD 15.94 million in 2018 and is expected to reach USD 159.21 million by 2026 with a CAGR of 33.59% during the forecast period 2019 to 2026.

Asia-Pacific is expected to be the fastest growing segment during the forecast period, 2018-2025. The driving factors of the Asia-Pacific market include presence of large graphite mines in China, ongoing research on graphene in India, China, Japan, Korea, & Taiwan, and huge scope in electronics applications in this region.





China is the dominant market accounting for 58% of total APAC market in 2017 increasing number graphene companies started their commercial shipments. Apart from China, Japan, South Korea, and Taiwan are leading producers of graphene .The market in these countries is driven by increased demand for graphene in applications such as capacitors and batteries.

Free Download Sample Report Pages for Better Understanding@

https://www.datamintelligence.com/download-sample/graphene-market



Competitor Landscape

The global Graphene market is competitive with the presence of various small and large players in the market. Multinational companies are dominating the global graphene market in recent years.

CVD Equipment Corporation, Haydale Graphene Industries PLC, First Graphene, XG Sciences Corporation, and Versarien PLC are the prominent players in the global graphene market and are benefited with new production technologies.

CVD Equipment Corporation was founded in 1982 and is headquartered in Central Islip, New York. CVD Equipment Corporation, a leading provider of chemical vapor deposition systems and materials announced that it has completed the purchase of the Company’s planned additional facility, located at 555 North Research Place, Central Islip, NY in 2018.

Haydale Graphene Industries PLC was incorporated in 2010 and is headquartered in Ammanford, the United Kingdom. The company launch grapheneenhanced polylactic acid (PLA) filaments for 3D printing are improving the speed, strength, print quality and accuracy. These new materials offer benefits which include Excellent first layer adhesion and z-axis strength retention, Major increase in speed of processing, Improved strength and stiffness, Better impact performance, and excellent print quality and surface finish.

In 2018, XG Sciences, Inc. a market leader in the design and manufacture of xGnP® graphene nanoplatelets and other advanced materials, announced that it has completed the first phase of expansion in its newest 64,000 square-foot facility. However, Stringent environmental regulations in various countries are affecting the competitive landscape in global graphene market.



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DataM Intelligence

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+1 877 441 4866

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Source: EmailWire.Com

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