Graphene Nanocomposites Market Overview
According to a research survey conducted by ChemView Consulting, the current valuation of the Global Graphene Nanocomposites Market is worth US$ 194.6 Mn in 2022. The market value of stainless steel is expected to reach US 2,464.2 Mn by 2032, growing at a CAGR of 28.9% over the forecast period.
Due to its remarkable electrical characteristics, such as electrical conductivity, high mobility, and ballistic transport at room temperature, graphene nanocomposites are mostly used in the electronic industry. Sales of graphene oxide will continue to be driven by increased demand for its use in electronics and optics, as well as in medicine and biotechnology for cellular imaging, drug delivery, and cancer therapy.
ChemView Consulting has analyzed that the electronics sector has continued to advance globally due to technological development. The necessity to use more modern, effective materials in the electronics industry is anticipated to increase demand. In the electronics sector, graphene nanocomposites have a wide range of uses. They offer an affordable option for versatile radio frequency identification (RFID) tags. They are being utilized more frequently to improve electronic and semiconductors like sensors, capacitors, and thin film transistors. The substance is also applied to conductible coatings and printed electronics.
During the forecast period, applications in the energy storage area are expected to generate an absolute dollar potential of more than US$ 597.7 Mn. The huge surface area, high stability, strong charge carrier mobility, and high conductivity of graphene nanocomposites make the capacity to store and accumulate charge. The product has applications for energy generation and storage technologies such as solar cells, batteries, fuel cells, supercapacitors, and hydrogen storage cells. Due to its excellent energy storage capacity, the material is also used in lithium-ion batteries. Sales of graphene nanocomposites will benefit from these characteristics throughout the evaluation period.
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Segments Covered in Report
By Product Type:
- Graphene Oxide (GO)
- Graphene Nano Platelets (GNP)
- Graphene Polymer
- Electro Catalysts
- High-Performance Materials
- Biomedical Materials
By End-Use Industry:
- Building & Construction
- Electronics & Electrical
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Graphene Nanocomposites Market
- Based on the end-use industry, the electronics segment is anticipated to dominate the worldwide Graphene Nanocomposites market.
- With a market share of 38.7% for graphene nanocomposites throughout the projection period, North America is anticipated to see rising demand. This is due to emerging economies’ electrical and electronics industries experiencing tremendous expansion.
Key companies covered in the market study are Versarien Plc, Haydale Graphene Industries Plc, Graphenea S.A, Applied Graphene Materials PLC, Taiwan Graphene Co., Ltd., Ningbo Moxi Technology Co., Ltd, Graphene Tech, S.L., XG Sciences Inc., NanoXplore, Inc, Directa Plus Plc, Aztrong Inc
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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