2D Materials Global Market – Market Scenario:
The global 2D materials market is showing immense growth; mainly due to the growing need for automation. The major growth driver of 2D Materials Market includes growing semiconductor and manufacturing industries and rising demand for quality driven products. Also rising need for automation in the industrial sectors and low hardware cost among others are other major factors driving the growth of 2D materials market. 2D materials are crystalline and consist a single layer of atoms. They can generally be categorized into either 2D allotropes of various elements and possess properties such as conductivity of heat and electricity, corrosion resistance, optically transparent, and flexibility. These properties make 2D materials ideal for usage in electronics and semiconductor industries.
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Hence the market for 2-D Materials Market is expected to grow at High% CAGR (2016-2027).
However, lack of technical expertise is one of the major factors which are hindering the growth of 2-D Materials Market.
Some of the major players in Global 2-D Materials Market include 2-D tech (U.K.), ACS materials (U.S.), Planar Tech (U.S.), Garmor (U.S.), Thomas-swan (U.K.), and Nitronix (U.S.) among others.
Regional Analysis of 2-D Materials Market:
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the 2D materials market in North America owing to the presence of a large number of established key players such as ACS materials, Planar Tech, Garmor, Nitronix and XG Sciences, Inc. among others. Asia Pacific is the fastest growing region of the 2D materials market as China accounts for the largest graphite reserves in the world. The country is currently the largest producer of Graphene in the world. Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2027 due to increasing adoption of 2D materials in the region. With a huge base of research & development and technological innovations, China is one of the fastest growing markets for producing solar PV modules using Graphene. Whereas, the Europe market for 2D materials is expected to grow at a considerable CAGR (2018-2027).
2D Materials Global Market – Segmentation
The 2D materials market can be classified into 3 key segments for the convenience of the report and enhanced understanding;
Segmentation by Material: Comprises of Graphene, TMDCs, black phosphorus, and Boron nitride among others
Segmentation by Application: Comprises of Semiconductor, aerospace, consumer electronics, healthcare, and energy among others
Segmentation by Region: Comprises of Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
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The report for 2-D Materials market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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