Graphene Nanocomposites Market expected to propel sales at 32.5% CAGR in 2031

The global graphene nanocomposites market value worth US$ 167.5 Mn in 2021. Increasing application in the electronics sector for devices and semiconductors is expected to propel sales at 32.5% CAGR, with the market valuation reaching US$ 2,796.7 Mn in 2031.

Rising call for for graphene nanocomposites for programs in medicine, water treatment, research, aerospace, polymer composites, electronics and optics is boosting income inside the marketplace. Besides this, increasing adoption of revolutionary strategies to commercialize graphene nanocomposites is also boding well for the market.

Patron choice for graphene oxide for numerous give up uses like mobile imaging, drug transport, and cancer remedy, is growing moneymaking boom possibilities for graphene nanocomposites market players.

As in step with FMI’s nearby analysis, the U.S. Is predicted to dominate the global graphene nanocomposites marketplace. Growth may be attributed to the presence of leading gamers inclusive of Angstron materials, Inc., along side the united states being a top player in clinical research and the bio-clinical sector.

“Increasing demand for graphene oxide nanocomposites in the paints & coatings industry, along with expansion of the electronics sector in emerging economies will continue pushing sales in the market over the assessment period,” says the FMI analyst.

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Competitive Landscape

Versarien Plc, Haydale Graphene Industries Plc, Graphenea S.A, XG Sciences Inc., Applied Graphene Materials PLC, Taiwan Graphene Co., Ltd., and others are some players operating in the graphene nanocomposites market profiled by FMI.

Leading players operating in the graphene nanocomposites market are investing in strategic business agreements for commercialization of graphene and are focusing on incorporation of proprietary and green technology for graphene production. Apart from this, players are focusing on research and development to explore new application areas of graphene nanocomposites that can serve more end uses to gain a competitive edge. For instance:

• In March 2021, First Graphene Ltd collaborated with Gerdau S.A. to develop the market for PureGRAPH graphene products, which are graphene platelets that enhance the performance of cement composites, in the Americas.

Key Takeaways:

• By product type, sales in the graphene oxide segment are expected to increase at a 31.3% CAGR over the forecast period.
• Demand for graphene nanocomposites in the electronics industry is anticipated to create an incremental opportunity of US$ 597.7 Mn over the assessment period.
• The U.S. is anticipated to hold a dominant share of 87.2% of the North America graphene nanocomposites market by 2031.
• China will emerge as a lucrative market, creating an incremental opportunity of US$ 623.8 Mn in 2031.
• Germany is projected to account for 22.0% of the Europe graphene nanocomposites market share in 2031.
• South Korea and Russia will hold 10.3% and 4.1% of the global graphene nanocomposites market share respectively in 2021.

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Graphene Nanocomposites Market by Category

By Product Type:

• Graphene Oxide (GO)
• Graphene Nano Platelets

By Application:

• Electronics
• Energy Storage
• Automotive & Aerospace
• Polymer Composites
• Medical & Bio-Medical
• Water Treatment
• Research & Development

By Region:

• North America
• Europe
• East Asia
• Rest of World

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product innovation & Diversification

4.3. Marketing and Brand management

4.4. Supply Chain Management

5. Global Graphene Nanocomposites Market Demand Analysis 2018-2020 and Forecast, 2021-2031

To be continued…!