Graphene Market Analysis and Forecast to 2033: By Type (Mono-layer & Bi-layer Graphene, Few Layer Graphene (FLG), Graphene Oxide (GO), Graphene Nano Platelets (GNP)), Application (Radio Frequency Identification (RFID), Composites, Sensors, Research & Development, Energy Storage, Functional Ink, Polymer Additives, Tire, Coatings, Others), and Region

Graphene is a material that is made up of a single layer of carbon atoms. It is known for its strength and its ability to conduct electricity. Graphene has been used in a variety of applications, including electronics, sensors, and energy storage.

The global Graphene Market was valued at US$ 0.4 billion in 2023 and it is anticipated to grow up to US$ 3.4 billion by 2033, at a CAGR of 23.7% during the forecast period.

Global Graphene Market Scope and Report Structure

Report Attribute Details
Market Size in 2023USD 0.4 Billion
Market Size in 2033USD 3.4 Billion
Growth Rate (2023-33)23.7%
Historic Period2017-2022
Forecast Period2024-2033
Base Year2023
Segments CoveredType, Application, and Region
Key CompaniesApplied Graphene Materials (UK), Directa Plus (UK), Graphene NanoChem (UK), Haydale (South Korea), XG Sciences (US), Angstron Materials (US), ACS Material (US), Graphene 3D Lab (US), Graphenea (UK), and GrafTech International (US).
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments
Key Trends

There are a few key trends in graphene technology that are worth mentioning.

There is a trend towards using graphene in flexible electronics. This is because graphene is extremely thin and flexible, making it ideal for use in bendable or foldable devices.

Researchers are also exploring how to use graphene to create super-fast transistors and other electronic components. This is because graphene has extremely high electron mobility, meaning that it can carry electrical signals very quickly.

There is also a trend towards using graphene to create new types of sensors. This is because graphene is very sensitive to a variety of different stimuli, such as light, heat, and pressure. This means that it can be used to create sensors that can detect a wide range of different environmental conditions.

Key Drivers

There are a few key drivers of the graphene market. Firstly, graphene is an extremely strong material. It is about 200 times stronger than steel, making it ideal for a number of industrial applications. Secondly, graphene is also an excellent conductor of electricity and heat. This makes it suitable for a range of electronic applications. Finally, graphene is flexible and transparent, which makes it ideal for a number of optoelectronic applications.

Restraints & Challenges

One of the key restraints for the graphene market is the high cost of production. Graphene is typically produced in small batches, making it difficult to achieve economies of scale. This, in turn, makes it difficult for companies to bring down the cost of production, making it a challenge for the market to expand.

Global Graphene Market Segmental Overview

The report analyses the global Graphene Market based on type, application, and region.

Global Graphene Market by Type

Based on type, the Graphene Market is segmented into Mono-layer & Bi-layer Graphene, Few Layer Graphene (FLG), Graphene Oxide (GO), and Graphene Nano Platelets (GNP). The Graphene Oxide (GO) segment is expected to dominate the market during the forecast period. It is a large-surfaced oxidized version of graphene that may be utilized as an electrode material in capacitors, batteries, and solar cells. It is used with various polymers and materials to improve composite material qualities including elasticity, conductivity, and tensile strength. These structures are being employed more and more in applications such as ion conductors, hydrogen storage, and Nano filtration membranes. Furthermore, graphene oxide is luminous, making it useful for bio sensing and disease detection, antimicrobial materials, and drug carriers. Furthermore, graphene oxide is used in the fabrication of several electrical devices, such as graphene-based field effect transistors (GFET). The increasing application of graphene oxide in numerous end-use industries is expected to drive market demand.

Global Graphene Market by Application

By application, the market is classified into Radio Frequency Identification (RFID), Composites, Sensors, Research & Development, Energy Storage, Functional Ink, Polymer Additives, Tire, Coatings, and Others. The composites segment dominated the market in terms of revenue and is expected to dominate the market during the forecast period. Graphene-based composites are employed in a variety of sectors, including construction, aerospace, and automotive, as well as coatings, metals, and plastics. Composite producers account for the majority of the near-term demand. Because of its ease of handling and greater capabilities, graphene is being pushed as a replacement for carbon nanotubes. Superior qualities of graphene include strength, flexibility, lightweight, and conductivity. Composites are created by combining graphene’s compatibility with current items. Graphene is being utilized more often as an addition in resin matrices and other materials to increase mechanical qualities like as thermal and electrical conductivity, durability, stiffness, flexibility, and fire and UV resistance. These factors are expected to drive composite demand in the next years.

Geographical Analysis of Global Graphene Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific has the biggest market share in terms of Graphene Market value followed by North America. Because of the vast number of producers and customers. Increasing production volumes in different industries such as automobiles, marine, military, and aerospace are likely to propel the graphene industry in this region throughout the forecast period. Due to favorable government backing for industrial investments, China is likely to develop as a key market throughout the projection period. The government has put out strong plans to secure graphene research and development funding.

Because of increased demand from the airplane and car sectors, North America is likely to see substantial expansion in the composites industry. To increase the efficiency and performance of their aircraft, large-scale aircraft manufacturers such as Boeing are focused on lightweight composite materials such as graphene. The United States has the largest market in North America and is a major exporter of graphene-based products to nations that lack graphene production capabilities. Because of the increased emphasis on research and development operations, the industry has seen various cooperation among manufacturers and research institutes in recent years. The rising end-use applications, combined with continual advances, are likely to drive demand even higher.

Major Players in the Global Graphene Market

The key players studied in the global Graphene Market are Applied Graphene Materials (UK), Directa Plus (UK), Graphene NanoChem (UK), Haydale (South Korea), XG Sciences (US), Angstron Materials (US), ACS Material (US), Graphene 3D Lab (US), Graphenea (UK), and GrafTech International (US).

Covid-19 Impact

Because of its outstanding features such as flexibility, conductivity, and antibacterial and antiviral potency, graphene technology and uses advanced dramatically during COVID-19. To combat COVID-19, graphene-based protection equipment, medicine delivery, biosensors, and therapy systems were created and deployed. However, unlike the healthcare and biomedical industries, the electronics and energy sectors were negatively impacted by COVID-19 because of a delay in logistics, a reduction in demand, and limited availability of raw materials for manufacturing. Due to the onset of the COVID-19 pandemic, the biomedical industry saw rapid expansion. To combat this global pandemic, much effort and progress were made. With its antiviral and antibacterial efficacy, this substance has piqued the scientific community’s interest in understanding its function and uses in the inhibition, detection, and therapy of COVID-19.

Recent Developments

  • In December 2022, Haydale introduced graphene-enhanced prepreg to provide cost-effective composite tooling with increased surface quality and thermal conductivity..
  • In July 2022, Concrene Ltd. inked a deal with Thomas Swan. Concrene Ltd.’s Thomas Swan intended to employ graphene nanoplatelets in different concrete dispersions to make high-compressive strength concrete. The arrangement aims to broaden the application base of Thomas Swan products on a global basis.
  • In May 2022, Imkemex (headquartered in Mumbai, India) and Applied Graphene Materials began negotiations for an exclusive distribution arrangement. AGM intends to immediately extend its commercial reach to the region’s liquid resins, coatings, composites, and polymers businesses through this new relationship.
  • In July 2021, Graphenea and Grapheal collaborated to accelerate biosensor research with GraphLAB, a graphene-based product. GraphLAB is a next-generation protein disease and screening detection tool.
  • In July 2021, AGM introduced a novel new line of environmentally friendly GNP dispersions. These dispersions will allow users of coatings, paints, and composite materials to improve the sustainability of their varied product compositions.
Key Players

Some of the key players of Graphene Market are Applied Graphene Materials (UK), Directa Plus (UK), Graphene NanoChem (UK), Haydale (South Korea), XG Sciences (US), Angstron Materials (US), ACS Material (US), Graphene 3D Lab (US), Graphenea (UK), and GrafTech International (US).

Graphene Market Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Graphene Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.  
  • The report also covers qualitative as well as quantitative analysis of the Graphene Market in terms of revenue ($Million).  
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Graphene industry.  
  • A thorough analysis of market trends and restraints is provided.  
  • By region as well as country market analysis is also presented in this report.  
  • Analytical depiction of the Graphene Market along with the current trends and future estimations depict imminent investment pockets. The overall Graphene industry opportunity is examined by understanding profitable trends to gain a stronger foothold.  
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Graphene Market are also analyzed.

Frequently Asked Questions

Q1. How big is the Graphene Market?

Ans. The global Graphene Market size was US$ 0.4 billion in 2023 and is anticipated to reach US$ 3.4 billion in 2033, growing at a rate of 23.7% from 2023 to 2033.

Q2. What is the Graphene Market growth rate?

Ans. The growth rate of the Graphene Market is 23.7% from 2022 to 2032.

Q3. Which region holds a major market share for the Graphene Market?

Ans. Asia Pacific holds a major market share of the Graphene Market in 2022.

Q4. Which segment accounted for the largest Graphene Market share?

Ans. Based on type, the Graphene Market is segmented into Mono-layer & Bi-layer Graphene, Few Layer Graphene (FLG), Graphene Oxide (GO), and Graphene Nano Platelets (GNP). The Graphene Oxide (GO) segment is expected to dominate the market during the forecast period.

Q5. Who are the key players in the Graphene Market?

Ans. The global Graphene Market report includes players such as Mt.Gox. , Butterfly labs, Coinbase, Coinsetter , BitPay, Avalon, BitcoinX, Nvidia, ATI , and Bitcoin Foundation among others.

Q6. What are the factors driving the Graphene Market growth?

Ans. The major factor driving the growth of the market is the increasing usage of graphene in flexible electronics.

Q7. What are the key growth strategies of Graphene Market players?

Ans. The key growth strategies of Graphene Market players are product launch, partnerships, and government initiatives.

Q8. Which region will provide more business opportunities for the Graphene Market during the forecast period?

Ans. The Asia Pacific region will provide more business opportunities for the Graphene Market during the forecast period.

Why GIS?

Table of Contents

Chapter 1.Graphene Market Overview
1.1.Objectives of the Study
1.2.Market Definition and Research & Scope
1.3.Research Limitations
1.4.Research Methodologies
1.4.1.Secondary Research
1.4.2.Market Size Estimation Technique
1.4.3.Forecasting
1.4.4.Primary Research and Data Validation

Chapter 2.Executive Summary
2.1.Summary
2.2.Key Highlights of the Market

Chapter 3.Premium Insights on the Market
3.1.Market Attractiveness Analysis, by Region
3.2.Market Attractiveness Analysis, by Type
3.3.Market Attractiveness Analysis, by Application

Chapter 4.Graphene Market Outlook
4.1.Graphene Market Segmentation
4.2.Market Dynamics
4.2.1.Market Drivers
4.2.1.1.Driver 1
4.2.1.2.Driver 2
4.2.1.3.Driver 3
4.2.2.Market Restraints
4.2.2.1.Restraint 1
4.2.2.2.Restraint 2
4.2.3.Market Opportunities
4.2.3.1.Opportunity 1
4.2.3.2.Opportunity 2
4.3.Porter’s Five Forces Analysis
4.3.1.Threat of New Entrants
4.3.2.Threat of Substitutes
4.3.3.Bargaining Power of Buyers
4.3.4.Bargaining Power of Supplier
4.3.5.Competitive Rivalry
4.4.PESTLE Analysis
4.5.Value Chain Analysis
4.5.1.Raw Material Suppliers
4.5.2.Manufacturers
4.5.3.Wholesalers and/or Retailers
4.6.Impact of COVID-19 on the Graphene Market
4.7.Impact of the Russia and Ukraine War on the Graphene Market
4.8.Case Study Analysis
4.9.Pricing Analysis

Chapter 5.Graphene Market, by Type
5.1.Market Overview
5.2.Mono-layer & Bi-layer Graphene
5.2.1.Key Market Trends & Opportunity Analysis
5.2.2.Market Size and Forecast, by Region
5.3.Few Layer Graphene (FLG)
5.3.1.Key Market Trends & Opportunity Analysis
5.3.2.Market Size and Forecast, by Region
5.4.Graphene Oxide (GO)
5.4.1.Key Market Trends & Opportunity Analysis
5.4.2.Market Size and Forecast, by Region
5.5.Graphene Nano Platelets (GNP)
5.5.1.Key Market Trends & Opportunity Analysis
5.5.2.Market Size and Forecast, by Region

Chapter 6.Graphene Market, by Application
6.1.Market Overview
6.2.Radio Frequency Identification (RFID)
6.2.1.Key Market Trends & Opportunity Analysis
6.2.2.Market Size and Forecast, by Region
6.3.Composites
6.3.1.Key Market Trends & Opportunity Analysis
6.3.2.Market Size and Forecast, by Region
6.4.Sensors
6.4.1.Key Market Trends & Opportunity Analysis
6.4.2.Market Size and Forecast, by Region
6.5.Research & Development
6.5.1.Key Market Trends & Opportunity Analysis
6.5.2.Market Size and Forecast, by Region
6.6.Energy Storage
6.6.1.Key Market Trends & Opportunity Analysis
6.6.2.Market Size and Forecast, by Region
6.7.Functional Ink
6.7.1.Key Market Trends & Opportunity Analysis
6.7.2.Market Size and Forecast, by Region
6.8.Polymer Additives
6.8.1.Key Market Trends & Opportunity Analysis
6.8.2.Market Size and Forecast, by Region
6.9.Tire
6.9.1.Key Market Trends & Opportunity Analysis
6.9.2.Market Size and Forecast, by Region
6.10.Coatings
6.10.1.Key Market Trends & Opportunity Analysis
6.10.2.Market Size and Forecast, by Region
6.11.Others
6.11.1.Key Market Trends & Opportunity Analysis
6.11.2.Market Size and Forecast, by Region

Chapter 7.Graphene Market, by Region
7.1.Overview
7.2.North America
7.2.1.Key Market Trends and Opportunities
7.2.2.North America Graphene Market Size and Forecast, by Type
7.2.3.North America Graphene Market Size and Forecast, by Application
7.2.4.North America Graphene Market Size and Forecast, by Country
7.2.5.The U.S.
7.2.5.1.The U.S. Graphene Market Size and Forecast, by Type
7.2.5.2.The U.S. Graphene Market Size and Forecast, by Application
7.2.6.Canada
7.2.6.1.Canada Graphene Market Size and Forecast, by Type
7.2.6.2.Canada Graphene Market Size and Forecast, by Application
7.2.7.Mexico
7.2.7.1.Mexico Graphene Market Size and Forecast, by Type
7.2.7.2.Mexico Graphene Market Size and Forecast, by Application
7.3.Europe
7.3.1.Key Market Trends and Opportunities
7.3.2.Europe Graphene Market Size and Forecast, by Type
7.3.3.Europe Graphene Market Size and Forecast, by Application
7.3.4.Europe Graphene Market Size and Forecast, by Country
7.3.5.The U.K.
7.3.5.1.The U.K. Graphene Market Size and Forecast, by Type
7.3.5.2.The U.K. Graphene Market Size and Forecast, by Application
7.3.6.Germany
7.3.6.1.Germany Graphene Market Size and Forecast, by Type
7.3.6.2.Germany Graphene Market Size and Forecast, by Application
7.3.7.France
7.3.7.1.France Graphene Market Size and Forecast, by Type
7.3.7.2.France Graphene Market Size and Forecast, by Application
7.3.8.Spain
7.3.8.1.Spain Graphene Market Size and Forecast, by Type
7.3.8.2.Spain Graphene Market Size and Forecast, by Application
7.3.9.Italy
7.3.9.1.Italy Graphene Market Size and Forecast, by Type
7.3.9.2.Italy Graphene Market Size and Forecast, by Application
7.3.10. Netherlands
7.3.10.1.Netherlands Graphene Market Size and Forecast, by Type
7.3.10.2.Netherlands Graphene Market Size and Forecast, by Application
7.3.11. Sweden
7.3.11.1.Sweden Graphene Market Size and Forecast, by Type
7.3.11.2.Sweden Graphene Market Size and Forecast, by Application
7.3.12.Switzerland
7.3.12.1.Switzerland Graphene Market Size and Forecast, by Type
7.3.12.2.Switzerland Graphene Market Size and Forecast, by Application
7.3.13.Denmark
7.3.13.1.Denmark Graphene Market Size and Forecast, by Type
7.3.13.2.Denmark Graphene Market Size and Forecast, by Application
7.3.14.Finland
7.3.14.1.Finland Graphene Market Size and Forecast, by Type
7.3.14.2.Finland Graphene Market Size and Forecast, by Application
7.3.15.Russia
7.3.15.1.Russia Graphene Market Size and Forecast, by Type
7.3.15.2.Russia Graphene Market Size and Forecast, by Application
7.3.16.Rest of Europe
7.3.16.1.Rest of Europe Graphene Market Size and Forecast, by Type
7.3.16.2.Rest of Europe Graphene Market Size and Forecast, by Application
7.4.Asia-Pacific
7.4.1.Key Market Trends and Opportunities
7.4.2.Asia-Pacific Graphene Market Size and Forecast, by Country
7.4.3.Asia-Pacific Graphene Market Size and Forecast, by Type
7.4.4.Asia-Pacific Graphene Market Size and Forecast, by Application
7.4.5.China
7.4.5.1.China Graphene Market Size and Forecast, by Type
7.4.5.2.China Graphene Market Size and Forecast, by Application
7.4.6.India
7.4.6.1.India Graphene Market Size and Forecast, by Type
7.4.6.2.India Graphene Market Size and Forecast, by Application
7.4.7.Japan
7.4.7.1.Japan Graphene Market Size and Forecast, by Type
7.4.7.2.Japan Graphene Market Size and Forecast, by Application
7.4.8.South Korea
7.4.8.1.South Korea Graphene Market Size and Forecast, by Type
7.4.8.2.South Korea Graphene Market Size and Forecast, by Application
7.4.9. Australia
7.4.9.1.Australia Graphene Market Size and Forecast, by Type
7.4.9.2.Australia Graphene Market Size and Forecast, by Application
7.4.10.Singapore
7.4.10.1.Singapore Graphene Market Size and Forecast, by Type
7.4.10.2.Singapore Graphene Market Size and Forecast, by Application
7.4.11.Indonesia
7.4.11.1.Indonesia Graphene Market Size and Forecast, by Type
7.4.11.2.Indonesia Graphene Market Size and Forecast, by Application
7.4.12.Taiwan
7.4.12.1.Taiwan Graphene Market Size and Forecast, by Type
7.4.12.2.Taiwan Graphene Market Size and Forecast, by Application
7.4.13.Malaysia
7.4.13.1.Malaysia Graphene Market Size and Forecast, by Type
7.4.13.2.Malaysia Graphene Market Size and Forecast, by Application
7.4.14.Rest of APAC
7.4.14.1.Rest of APAC Graphene Market Size and Forecast, by Type
7.4.14.2.Rest of APAC Graphene Market Size and Forecast, by Application
7.5.Rest of The World
7.5.1.Key Market Trends and Opportunities
7.5.2.Rest of The World Graphene Market Size and Forecast, by Type
7.5.3.Rest of The World Graphene Market Size and Forecast, by Application
7.5.4.Rest of The World Graphene Market Size and Forecast, by Country
7.5.5.Latin America
7.5.5.1.Latin America Graphene Market Size and Forecast, by Type
7.5.5.2.Latin America Graphene Market Size and Forecast, by Application
7.5.6.Middle East
7.5.6.1.Middle East Graphene Market Size and Forecast, by Type
7.5.6.2.Middle East Graphene Market Size and Forecast, by Application
7.5.7.Africa
7.5.7.1.Africa Graphene Market Size and Forecast, by Type
7.5.7.2.Africa Graphene Market Size and Forecast, by Application

Chapter 8.Competitive Landscape
8.1.Market Overview
8.2.Market Share Analysis/Key Player Positioning
8.3.Developmental Strategy Benchmarking
8.3.1.New Product Development
8.3.2.Product Launches
8.3.3.Business Expansions
8.3.4.Partnerships, Joint Ventures, And Collaborations
8.3.5.Mergers And Acquisitions

Chapter 9.Company Profiles
9.1.Applied Graphene Materials (UK)
9.1.1.Company Snapshot
9.1.2.Financial Performance
9.1.3.Product Offerings
9.1.4.Key Strategic Initiatives
9.1.5.SWOT Analysis
9.2.Directa Plus (UK)
9.2.1.Company Snapshot
9.2.2.Financial Performance
9.2.3.Product Offerings
9.2.4.Key Strategic Initiatives
9.2.5.SWOT Analysis
9.3.Graphene NanoChem (UK)
9.3.1.Company Snapshot
9.3.2.Financial Performance
9.3.3.Product Offerings
9.3.4.Key Strategic Initiatives
9.3.5.SWOT Analysis
9.4.Haydale (South Korea)
9.4.1.Company Snapshot
9.4.2.Financial Performance
9.4.3.Product Offerings
9.4.4.Key Strategic Initiatives
9.4.5.SWOT Analysis
9.5.XG Sciences (US)
9.5.1.Company Snapshot
9.5.2.Financial Performance
9.5.3.Product Offerings
9.5.4.Key Strategic Initiatives
9.5.5.SWOT Analysis
9.6.Angstron Materials (US)
9.6.1.Company Snapshot
9.6.2.Financial Performance
9.6.3.Product Offerings
9.6.4.Key Strategic Initiatives
9.6.5.SWOT Analysis
9.7.ACS Material (US)
9.7.1.Company Snapshot
9.7.2.Financial Performance
9.7.3.Product Offerings
9.7.4.Key Strategic Initiatives
9.7.5.SWOT Analysis
9.8.Graphene 3D Lab (US)
9.8.1.Company Snapshot
9.8.2.Financial Performance
9.8.3.Product Offerings
9.8.4.Key Strategic Initiatives
9.8.5.SWOT Analysis
9.9.Graphenea (UK)
9.9.1.Company Snapshot
9.9.2.Financial Performance
9.9.3.Product Offerings
9.9.4.Key Strategic Initiatives
9.9.5.SWOT Analysis
9.10.GrafTech International (US)
9.10.1.Company Snapshot
9.10.2.Financial Performance
9.10.3.Product Offerings
9.10.4.Key Strategic Initiatives
9.10.5.SWOT Analysis
*The List of Company Is Subject To Change During The Final Compilation of The Report

Market Segments

By Type

  • Mono-layer & Bi-layer Graphene
  • Few Layer Graphene (FLG)
  • Graphene Oxide (GO)
  • Graphene Nano Platelets (GNP)

By Application

  • Radio Frequency Identification (RFID)
  • Composites
  • Sensors
  • Research & Development
  • Energy Storage
  • Functional Ink
  • Polymer Additives
  • Tire
  • Coatings
  • Others

By Region

  • North America  
    • The U.S. 
    • Canada 
    • Mexico 
  • Europe 
    • The U.K. 
    • Germany 
    • France 
    • Spain 
    • Italy 
    • Netherlands 
    • Sweden 
    • Switzerland 
    • Denmark 
    • Finland 
    • Russia 
    • Rest of Europe 
  • The Asia-Pacific 
    • China 
    • India
    • Japan 
    • South Korea 
    • Australia 
    • Singapore 
    • Indonesia 
    • Taiwan 
    • Malaysia 
    • Rest of Asia-Pacific 
  • Rest of the World 
    • Latin America 
    • The Middle East 
    • Africa

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