Title: Graphene Market by Products, Applications & Regional Growth by 2018-2024
1 Graphene Market Outlook To 2024 Emerging
Trends, New Growth Opportunities, Regional
Analysis
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2- Asia Pacific Graphene Market recorded a valuation
of USD 3.9 million in 2016. With the extensive
presence of graphene companies, electronics
companies, graphite mines, and even renowned
automakers, APAC graphene industry is anticipated
to register a CAGR of more than 34 over
2017-2024. - Graphene market earns the tag of being one of the
most dynamic and fastest-growing markets of all
times, contingent on the fact that graphene is
one of the most remarkable and widely-used
materials ever discovered. Graphene is already
being used in numerous end-use sectors, and is
currently being experimented with, to detect the
various other energy-related applications it can
be deployed for. - Research development activities play a crucial
role in the development of graphene industry,
with scientists and academicians striving to
discover novel methods of incorporating graphene
in various methodologies. As per statistics, the
number of research publications on graphene has
increased to over 9000 in 2013 from over 125 in
2005. - Graphene industry held a valuation of USD 20
million in 2016, subject to the product
applications across the aerospace defense,
electronics, automotive, energy, and healthcare
sectors. Over the years, the substance has found
utilization in wireless connectivity, solar
cells, OLED electrode production, etc., thereby
helping graphene market share to increase at a
phenomenal rate, with an estimated target
valuation of USD 200 million by 2024.
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3- Electronic applications such as mobile memory
chip production, touch screens, semiconductors,
and computer circuitry, extensively deploy
graphene, thereby augmenting the reach of global
graphene market in electronics, especially across
the Asia Pacific. - The region, as per analysts, has been
experiencing a profound growth in the electronics
sector, which is bound to act as the principal
driver for the development of graphene industry. - As per estimates, Asia Pacific graphene market
recorded a valuation of USD 3.9 million in 2016.
With the extensive presence of graphene
companies, electronics companies, graphite mines,
and even renowned automakers, APAC graphene
industry is anticipated to register a CAGR of
more than 34 over 2017-2024. - Also, the extensive RD activities being
conducted across Japan, South Korea, India, and
China, in addition to the presence of huge
graphite mines in China, will serve to increase
the scope of APAC graphene market.
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5- North America boasts of the massive presence of
major electronic and material companies, which
engage in constant mergers acquisitions and
product innovations. It is no doubt that this
belt is likely to be one of the most lucrative
business grounds for graphene industry in the
course of the next few years. - Bearing testimony to the aforementioned
prediction is the recent move by Elcora Advanced
Materials Corp., a vertically integrated graphite
graphene company, to commence the development
of non-toxic, anti-fouling graphene coatings. - As per reports, the company plans to develop a
range of graphene-enhanced marine coatings to
reduce fuel consumption of vessels and reduce the
growth of marine organisms. The move is expected
to provide a positive impetus to the regional
graphene market, which is slated to grow at a
CAGR of 35 over 2017-2024.
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6Competitive Trends
- The notable industries in Graphene Market are
- Applied Graphene Materials plc
- Graphenea S.A.
- XG Sciences, Inc.
- Grafoid Inc.
- and Graphene Frontiers LLC.
- ACS Materials LLC
- Haydale Limited
- Advanced Graphene Products
- Applied Nanotech, Inc.
- Nanjing XFNANO Materials Tech Co., Ltd
- Angstron Materials, Inc.
- Graphene Laboratories, Inc.
- Thomas Swan Co.
- Xiamen Knano Graphene Technology Corporation
Limited - AMO Gmbh.
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