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Graphene Market Size to Hit USD 2,864.1 Million by 2027; Fortune Business


Key companies covered in the global graphene market are XG Sciences (U.S.), Graphenea, Inc. (U.S.), ACS Material, LLC (U.S.), CVD Equipment Corporation (U.S.), Global Graphene Group (U.S.), AMO GmbH (Germany), Applied Graphene Materials plc (UK), Graphene One (U.S.), Grolltex Inc. (U.S.), DIRECTA PLUS S.p.A. (Italy), CHINA CARBON GRAPHITE INC (China), NanoXplore Inc. (Canada), Thomas Swan & Co. Ltd. (UK), other key players profiled

Pune, India, Dec. 09, 2020 (GLOBE NEWSWIRE) — Graphene is primarily a single layer of carbon atoms that are tightly bound in a hexagonal honeycomb mesh. They are widely adopted in several industrial applications such as automotive, energy & power, and aerospace. They further posses several attributes such as light-weight, high tensile strength, and good conductor of heat. Additionally, they provide sustainable solutions to an array of applications that propels their demand across several industries globally.

The global graphene market size is expected to gain momentum by reaching USD 2,864.1 million by 2027 while exhibiting an astounding CAGR of 39% between 2020 and 2027. This is attributable to the increasing demand for sustainability solutions and the rising aviation sectors across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Graphene Market Size, Share & COVID-19 Impact Analysis, By Product (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Others), By End-Use (Electronics, Aerospace & Defense, Automotive, Energy, Others), and Geography Forecast, 2020-2027.” The report further mentions that the market stood at USD 225.1 million in 2019 and is projected to rise in the forthcoming years.

Increasing Adoption of Graphene Products amid COVID-19 to Favor Growth

The novel coronavirus has led to disruptions amongst several global economies owing to a complete halt in operations and activities to contain the spread of the disease. There has been a spike in the demand for antibody-conjugated graphene sheets that accurately detect the virus and are adopted for population screening. Owing to multiple benefits provided by the product, it is being extensively adopted across several industrial applications that are expected to contribute to the growth of the market.

List of Top Companies Operating in the Graphene Market:

  • XG Sciences (U.S.)

  • Graphenea, Inc. (U.S.)

  • ACS Material, LLC (U.S.)

  • CVD Equipment Corporation (U.S.)

  • Global Graphene Group (U.S.)

  • AMO GmbH (Germany)

  • Applied Graphene Materials plc (UK)

  • Graphene One (U.S.)

  • Grolltex Inc. (U.S.)

  • DIRECTA PLUS S.p.A. (Italy)

  • CHINA CARBON GRAPHITE INC (China)

  • NanoXplore Inc. (Canada)

  • Thomas Swan & Co. Ltd. (UK)

  • Other Key Players

Get Sample PDF Brochure with Impact of COVID-19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/graphene-market-102930

What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis and discusses the performance of the market in major regions across the globe. It includes the competitive landscape that involves leading companies and the strategies adopted by these companies which have resulted in the introduction of several new products as well as major company collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

DRIVING FACTORS

Rising Aviation Sector to Promote Growth

The increasing global population and high disposable income are expected to propel the demand for air travel. The increasing air leisure activities are surging the demand for travel through private jets, planes, and helicopters. Owing to its ability to improve the composites and coatings adopted in planes, spaceships, and drone manufacturing, graphene is revolutionizing the aerospace industry. Additionally, the growing concerns on reducing carbon emissions are propelling the aircraft manufacturers to adopt graphite products largely. For instance, the government in the U.K has developed a long term Aviation 2020 strategy that aims to achieve a secure, safe, and sustainable aviation sector. Therefore, the increasing focus to provide sustainable solutions in the rising aviation sector will favor the growth of the global market during the forecast period.

Key Points Covered:

  • Business Opportunities

  • Commerce Challenges

  • Demand Insights

  • CAGR Values

  • Historic Analysis

  • Detailed Segmentation

  • Top Companies Data

  • Market Size

  • Supply Trend

  • Target Audience

  • Key Geographies

SEGMENTATION:

Aerospace & Defense Segment Held a Market Share…



Read More: Graphene Market Size to Hit USD 2,864.1 Million by 2027; Fortune Business

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