GRaphene Market
Graphene Market
The global graphene market size was estimated at USD 125.7 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 45.9% from 2022 to 2030.
Energy Sector
Energy storage is the largest revenue-generating segment for graphene and is expected to remain the same in the forecast period. In addition, North America, rigorous R&D operations is expected to deliver lucrative growth prospects for the graphene industry.
Increasing Demand from the Biomedical Industry to Boost Market Growth with Graphene
The development of graphene technology and its applications accelerated radically during COVID-19 due to its exceptional properties, including flexibility, conductivity, antibacterial, and antivirus efficacy. Graphene-based protective equipment, drug delivery, bio-sensors, and treatment systems were developed and utilized to fight against COVID-19.
Aerospace & Defense Segment to Hold a Significant Share Owing to Extensive Adoption of Graphene
In terms of end-use industry, the market is classified into electronics, aerospace & defense, automotive, energy, and others.
Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceship manufacturing.
Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceship manufacturing.
Markets
Geographically, the graphene market is segregated into North America Europe, Asia Pacific, Latin America, and the Middle East & Africa
Anywhere in the world BKC Graphene can service your needs.
Growing Product Penetration in the Electronics Industry to Aid Growth
Owing to it exceptionally high thermal and electrical conductivity and its lightweight nature, it is preferably suitable for electronics applications. The electrons in this allotrope of carbon have higher mobility, and therefore speed up more when applied on an electric field, as compared to semiconductors that are extensively employed in electronic devices, including silicon. Owing to these properties, it produces more proficient devices that function faster than traditional substitutes while using less power