Graphene Market to Hit US$200 mn to 2024| Thomas Swan & Co. Ltd., XG Sciences, Applied Graphene Materials, Angstron Materials, Haydale, Grafoid Inc. and 10 others

Share Article

According to new growth analysis report by Global Market Insights, Inc., North America graphene market is expected to see more than 40% of the total industry revenue in 2024 owing to developments in the regional electronics and automotive sector coupled with growing defense spending in the United States.

U.S. Graphene Market size, by End-user, 2013 – 2024 (USD Million)
Top key players mentioned in this graphene market report include Thomas Swan & Co. Ltd, XG Sciences, Applied Graphene Materials, Angstron Materials, Haydale, Grafoid Inc, AMO GmbH, Applied Nanotech, Inc, Graphenea, Nanjing XFNANO Materials Tech Co.,Ltd, Advanced Graphene Products, and ACS Materials

Graphene Market in automotive end-user segment accounted for almost 20% of the global industry and will likely to grow with a CAGR of more than 34% during 2017-2024. Increasing product use in automotive & aerospace industries will boost the graphene market development throughout the forecast timeframe. The rising demand for light-weight and energy-efficient vehicles will fuel the industry in coming years as graphene can be used to manufacture fiber reinforced laminates that can act as a substitute for conventional automotive component materials.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/233

The major end-user industries in the graphene market include aerospace & defense, automotive, electronics, energy, and healthcare. Aerospace & defense is an important end-user which will hold around 15% of the total industry revenue share in 2024. The segment will gain by around 35% CAGR in the forecast spell owing to increasing product use in the manufacture of aircraft components. Healthcare segment is also a significant end-user and will generate revenue above USD 20 million by 2024. Growing product demand for manufacturing biosensors, drug delivery systems, tissue engineering, and cancer treatment will fuel this segment’s growth in coming years.

Rising demand for lighter, faster, and fuel-efficient aircrafts will also boost the graphene market development as the product-based composites are being increasingly used for manufacturing aircraft components. Fiber-reinforced laminates, electrically conductive composites & coatings, epoxy adhesives, advanced coatings, and electrical packaging are some product-based materials that are becoming popular in the aerospace industry. The number of large commercial aircrafts is expected to rise from 1,430 units in 2016 to more than 1,680 units in 2024. This will influence the graphene market positively throughout the forecast timeframe.

Browse key Graphene Market insights from the 2017 report spread across 85 pages offering 92 market data tables as well as 11 figures & charts along with the table of contents:
https://www.gminsights.com/industry-analysis/graphene-market

Considering the product type-based market segmentation, graphene oxide is expected to be the crucial segment in global graphene market in the forecast period. It is likely to contribute to about 40% of the overall market revenue in 2024 and will be the fastest growing segment. The rise is attributed to its wide usage in biotechnology, electronic equipment, solar cells, etc.

APAC belt emerges as one of most profitable regions for graphene market expansion:

While APAC is undoubtedly one of the ripe regions for investing in graphene industry, the globally developed continent, North America, stands to serve as a lucrative avenue as well. The region, as per statistics, has been forecast to cover more than 40% of the overall graphene market share by 2024. The continent is an omnipotent as far as the development of the electronics, biotechnology, aerospace, and automotive sectors are considered. Besides, the manufacturing sector across the continent has been undergoing a change lately, with expert technological advances proliferating the same.

Top key players mentioned in this graphene market research include Thomas Swan & Co. Ltd., XG Sciences, Applied Graphene Materials, Angstron Materials, Haydale, Grafoid Inc., AMO GmbH, Applied Nanotech, Inc., Graphenea, Nanjing XFNANO Materials Tech Co.,Ltd, Advanced Graphene Products, Xiamen Knano Graphene Technology Corporation Limited and ACS Materials LLC.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/233

Browse Related Reports:

1. Electronic Ceramics Market Size By Product (Ferroelectric, Piezoelectric, Pyroelectric), By End-user (Home Appliances & Consumer Electronics, Healthcare, Automotive & Transportation, Telecommunication & Power Transmission) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025.
Electronic Ceramics Market size was estimated over USD 10 billion in 2017 and the industry will grow by a CAGR of more than 4.3% up to 2025. Rising disposable income along with government initiatives to boost electronics manufacturing in Asia Pacific will encourage the electronic ceramics market growth in forecast time period. Read more at:
https://www.gminsights.com/industry-analysis/electronic-ceramics-market

2. Metamaterial Technologies Market Size By Product (Radio & Microwave, Photonic, Terahertz, Acoustic), By Application (Communication & Radar, Imaging, Solar, Acoustic Devices), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024.
Metamaterial Technologies Market size was estimated over USD 500 million in 2016 and the industry will likely grow by a CAGR more than 20% up to 2024. Read more at:
https://www.gminsights.com/industry-analysis/metamaterial-technologies-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Arun Hegde
@GMI_US
Follow >
Global Market Insights Inc.
Like >
Global Market Insights, Inc.

Visit website