San
Francisco, Dec 03 The global graphene
market is projected to reach USD 529.8 million by 2025, according
to a new report by Grand View Research, Inc. Growing electronics industry,
especially in the emerging Asia Pacific region is projected to drive the market
over the forecast period. In terms of product, graphene nanoplatelets dominated
the market in 2015. These products are mainly used in electronic devices. They
are abundantly available and low priced. Hence, they are commonly used by
small-scale producers, due to cost sensitivity of customers.
Electronics was the most
popular application area of graphene. Rising demand for consumer electronics
including smartphones and tablets is expected to be the biggest industry driver
in this segment. Rising per capita income of developing countries such as India
and China has resulted in high demand for consumer electronics and luxury
vehicles, which is expected to provide the impetus for industry growth.
Browse full research report on Graphene Market:
www.grandviewresearch.com/industry-analysis/graphene-industry
Further key
findings from the report suggest:
- Graphene nanoplatelets are expected to grow at
the highest CAGR of over 45% from 2016 to 2025 on account of rising
application in the electronics industry due to superior properties
including high strength and stiffness
- The electronics industry dominated the
application segment of the graphene market in 2015, with a share of over
40% as graphene is increasingly being used as an alternative to indium-tin
oxide (ITO) in the manufacturing of low-cost, flexible touch screen
displays for mobile phones and tablets
- North America accounted for the largest share of
over 30% in 2015 with U.S. being a major market and home to some of the
largest electronics players such as Apple, Hewlett-Packard, Dell and
Intel.
- The market in Asia Pacific is projected to grow
at the highest CAGR of 38.7% from 2016 to 2025 courtesy growing markets in
emerging countries such as China and India
- In March 2016, Haydale Composite Solutions
Limited in collaboration with SHD Composites Ltd. launched new graphene-based
enhanced carbon fiber products.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/nanoparticles
Grand View Research has
segmented the global graphene market on the basis of product, application, and
region:
Product Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
- Graphene Nanoplatelets
- Graphene Oxide
- Others
Application
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- Electronics
- Composites
- Energy
- Others
Regional Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Europe
- Spain
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-graphene-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information:
www.grandviewresearch.com
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