Historical Period: 2013-2014 (Actual figures)
Base Year: 2015 (Actual figures)
Forecast Period: 2016-2020 (Forecasted figures)”
Graphene and its derivative products such as graphene oxide, film and nanoplatelets are anticipated to have in high demand various applications in end-user industries. Some of the major applications of the graphene are as supercapacitor graphene in electronics, nanotubes in nanotechnology and others. There is high scope for the growth of the Graphene Composites Market in various regions across the globe through 2021.
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Scope and Regional Forecast of the Graphene Composites Market:
In the Graphene Composites Market, graphene oxide is expected to grow at a CAGR of around 20% due to its applications during 2016-2021. It is estimated that approximately 113MT of the graphene film to be consumed for electrical and electronics applications and other end-user purposes in 2021.
Asia Pacific was the largest consumer of the Graphene Composites Market in 2015 with huge quantity of graphene composites using in this region for varied end user applications. By 2021, it is anticipated that the graphene composites industry will generate revenue of approximately US $89 million.
North America and Europe are expected to have healthy growth in the Graphene Composites Market. The manufacturers are poised to increase the production rate to meet the global demand for graphene composites through 2021.
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Segmentation and Key Players of the Graphene Composites Market:
The Graphene Composites Market is segmented into various categories by production method, by product type, by application and by geography as follows:
- By production method: Exfoliation, CVD
- By product type: Graphene oxide, Graphene film and Graphene nanoplatelets
- By application: Paints and coatings, Energy storage, Electronics and semiconductors, Photovoltaics, Healthcare and Filtration
- By geography: North America, South America, Asia Pacific and EMEA (Europe, Middle East and Africa)
The key players in the Graphene Composites Market are as follows:
- Angstron Materials
- BGT Materials Limited
- Graphene Nanochem
- CVD Equipment Corporation
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The Graphene Composites Market is a rapidly growing market with increasing demand of carbon composite and graphene based composite materials in various end user industries across the globe. This market is expected to witness high growth due to high R&D of graphene nanoparticles for nanotechnology and electronics applications, growth in graphene production by companies for various applications such as graphene battery, photocatalysis and carbon nanotubes in medical field and growing demand for graphene coating and graphene metal products across the globe until 2021.
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