Market Insights
As per recent research by MarkNtel Advisors, The Global Graphene Market size is projected to grow at a CAGR of around 20.5% during the forecast period, i.e., 2024-30.
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Global Graphene Market Driver:
Increasing Demand from the Biomedical Industry – The demand for graphene in the biomedical industry is increasing due to the material’s unique properties, which make it well-suited for various applications in medical research, diagnostics, and therapies. Graphene’s compatibility with biological systems reduces the risk of adverse reactions, inflammation, and rejection when used in implants such as orthopedic devices, prosthetics, and dental implants. This safety profile enhances the appeal of graphene for implantation applications.
Furthermore, the rising prevalence of infectious diseases such as HIV, hepatitis, and influenza is fueling the global demand for point-of-care tests for the swift detection of these conditions. According to the World Health Organization’s TB report, an estimated 10.6 million people were diagnosed with tuberculosis (TB) in 2021, marking a 4.5% increase from 2020. This escalating tendency in infectious diseases has led to a growing need for point-of-care tests. Consequently, there is an increasing incorporation of graphene-based biosensors into point-of-care testing devices designed to identify specific biomarkers linked to infectious diseases, contributing to the growth of the graphene industry.
Market Segmentation and Consumer Behavior:
By Product
- Graphene Nanoplatelets (GNP) – Market Size & Forecast 2019-2030, (Kilo Tons)
- Mono-layer & Bi-Layer Graphene- Market Size & Forecast 2019-2030, (Kilo Tons)
- Graphene Oxide- Market Size & Forecast 2019-2030, (Kilo Tons)
- Others (Bulk Graphene, Graphene Nanoribbons, etc.) – Market Size & Forecast 2019-2030, (Kilo Tons)
By Application
- Composites- Market Size & Forecast 2019-2030, (Kilo Tons)
- Catalysts- Market Size & Forecast 2019-2030, (Kilo Tons)
- Coatings- Market Size & Forecast 2019-2030, (Kilo Tons)
- Sensors- Market Size & Forecast 2019-2030, (Kilo Tons)
- Radio Frequency Identification (RFID) – Market Size & Forecast 2019-2030, (Kilo Tons)
- Energy Storage- Market Size & Forecast 2019-2030, (Kilo Tons)
- Others (Water Filtration, Food Packaging, etc.)- Market Size & Forecast 2019-2030, (Kilo Tons)
By End User
- Biomedical & Healthcare- Market Size & Forecast 2019-2030, (Kilo Tons)
- Electronics- Market Size & Forecast 2019-2030, (Kilo Tons)
- Telecommunication- Market Size & Forecast 2019-2030, (Kilo Tons)
- Automotive- Market Size & Forecast 2019-2030, (Kilo Tons)
- Aerospace & Defense- Market Size & Forecast 2019-2030, (Kilo Tons)
- Energy- Market Size & Forecast 2019-2030, (Kilo Tons) – Market Size & Forecast 2019-2030, (Kilo Tons)
- Others (Water Treatment, etc.) – Market Size & Forecast 2019-2030, (Kilo Tons)
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Graphene Market Geographical Analysis:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
Key Players and Competitive Strategies in the Graphene Market
Several prominent players dominate the Graphene Market, including:
- Graphenea S.A.
- Carbon Rivers
- Haydale Limited
- ACS Materials LLC
- Applied Graphene Materials plc
- Advanced Graphene Products
- Versarien Plc
- Applied Nanotech, Inc.
- NanoXplore Inc.
- Directa Plus S.p.A
- Grafoid Inc.
- Global Graphene Group
- The Sixth Element (Changzhou) Materials Technology Co. Ltd.
- First Graphene
- Thomas Swan & Co.
- Graphmatec
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Questions Addressed in this Study
1.What factors are driving the Graphene Market growth?
2.How is the Graphene Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Graphene Market?
4.What is the current size of the Graphene Market, and how is it projected to change in the future?
5.What is the future outlook for the Graphene Market in terms of technological advancements and market expansion?
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