Graphene market in energy sector to rise exponentially

6:23 AM, 15th January 2021
The graphene market size would surpass $400 million valuation by 2026. It is gradually being adopted in the energy sector.

The graphene market size would surpass $400 million valuation by 2026. Graphene is gradually being adopted in the energy sector. It is widely used in numerous energy generation and energy storage devices like Li-ion batteries, super capacitors and electrodes. Owing to its desirable properties, graphene represents significant potential for solar panel manufacturing, according to a report by Global Market Insights Inc.

In the healthcare sector, graphene is used to produce biosensors given to the product’s toughness and flexibility. Graphene also finds application in tissue engineering, drug delivery, cancer treatment and medical devices. Usage of graphene across numerous industry verticals would thus stimulate global market outreach in forthcoming years.  

Based on product type, the graphene market is segmented into graphene nanoplatelets, graphene oxide, monolayer & bi-layer graphene and more. Of these, mono-layer graphene is widely used in microelectronics applications like micro- and nano-electromechanical systems, conductive coatings, flexible batteries, and chemical and biological. It is usually manufactured on the surface of copper by CVD process.

Growth Drivers:

  • Increasing graphene penetration in the electronic industry
  • Increasing use of graphene in automotive & aerospace industries

Whereas bi-layer graphene has zero band gap. However, researchers are exploring its potential to develop ultrahard carbon films and field-effect transistors, ultrafast lithium-ion conductors, and superconductors. Reports suggest that monolayer & bi-layer graphene market would exceed 50 million valuations by 2026.

On another note, graphene oxide is expected to dominate the global graphene industry in the coming years. The product is increasingly used in polymers to improve its toughness, conductivity, elasticity and tensile strength.

Key market players in the graphene market include ACS Materials LLC, Applied Graphene Materials, Angstron Materials, Inc, Grafoid Inc, Graphenea SA, Applied Nanotech Inc, XG Sciences Inc and Haydale Limited. Companies in this industry are engaged in product launches, business expansion, joint ventures and R&D investment to strengthen their market position and attain a competitive edge over rivals.

Browse key industry insights spread across 162 pages with 92 market data tables & 27 figures & charts from the report, “Graphene Market share, by product (graphene oxide, graphene nanoplatelets, mono-layer & bi-layer graphene, others), by industry (electronics, aerospace & defense, energy, automotive, healthcare, others), industry analysis report, regional outlook, application growth potential, price trends, competitive market share & forecast, 2019 – 2026” in detail along with the table of contents: https://www.gminsights.com/request-sample/detail/233

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Contact Info:

Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

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