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Graphene Market is Projected To Grow Moderately at 38.0% CAGR through 2025: Grand View Research Inc.
by sonali_86 · February 6, 2019
San Francisco, 6 February 2019:聽The Report聽Graphene Market聽Size, Share & Trends Analysis Report By Application (Electronics, Composites Black Haason Reddick Jersey , Energy), By Product (Graphene Nanoplatelets, Graphene Oxide), By Region, And Segment Forecasts, 2019 – 2025
The global聽graphene market聽size is expected to reach USD 552.3 million by 2025, according to a new report by Grand View Research Black Christian Kirk Jersey , Inc. It is anticipated to expand at a CAGR of 38.0% over the forecast period. Growing demand for smart consumer electronics is anticipated to fuel the market over the forecast period.
New product launches and rising consumption of consumer goods in emerging markets of China, India, and Thailand is expected to positively affect the market. Incorporation of innovative technologies in electronic goods manufactured in Japan and China is expected to drive the electronics market. The government of China has made high investments in research and development of graphene nanoplatelets and increased their production volumes largely.
The industry witnesses presence of numerous startups that are focusing primarily on research and development to understand the full potential of graphene. For instance, Graphenea, a Spain based company, is engaged in developing and supplying graphene oxide to various research groups and large multinationals for their product development efforts.
The product is still in its trial phase of development and has not been commercialized to its full potential in most of the application areas. There have been continuous efforts for research and development to enhance the quality of the materials produced and develop superior graphene nanoplatelets and oxide films.