According to a market report by Lucintel, the future of the graphene market looks promising with opportunities in the electronics, composites, energy, coating, sensor, and catalyst industries. The graphene market is expected to grow with a CAGR of 43% from 2019 to 2024. The major growth driver for this market is increasing demand for graphene in a wide range of applications due to its useful properties such as high mechanical strength, high electron mobility, and superior thermal conductivity.
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In this market, graphene oxide and graphene nanoplatelets are the major product type. Graphene nanoplatelets is the largest segment for graphene.
Within the graphene market, electronics, composites, energy, coatings, sensors, and catalysts are the major end use industries of graphene. Electronics is the largest end use segment for the graphene market.
Asia Pacific will remain the largest market over the forecast period because it is a production hub of the electronics sector.
CVD Equipment Corporation, Graphene Nanochem PLC, Graphenea SA, Grafoid Inc., Haydale Graphene Industries PLC, 2D Carbon Tech Inc., Ltd., Group Nanoxplore Inc., Thomas Swan & Co., Ltd., Vorbeck Materials, and XG Sciences Inc. are among the major manufacturers of graphene.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the graphene market by end use industry, product type, and region. Lucintel has prepared a comprehensive research report entitled "Graphene Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the graphene market by end use industry, product type, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Graphene Oxide
Graphene Nanoplatelets
Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Electronics
Composites
Energy
Coatings
Sensors
Catalyst
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/graphene-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.