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.
To Request for Sample Copy of this report: http://www.grandviewresearch.com/industry-analysis/graphene-industry
Further key findings from the report 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.
Read Our Blog: http://www.grandviewresearch.com/blog/graphene-market
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
- US.
- Europe
- Spain
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-graphene-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.
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