Graphene Market to Expand With Strong CAGR of 33.5% by 2023; Companies Indulging in Collaborations to Sustain Market Position

April 19, 2018 | By forimmediaterele | Filed in: Press Releases.

Travel & Tourism Industry release:

ALBANY, New York, April 19, 2018 /PRNewswire/ —

The global graphene market is prognosticated to witness a steady growth within the forecast period from 2015 to 2023. Savvy players in the market are banking upon cross-industry tie-up, especially in technologically forward nations. They are also seen working upon strengthening their positions by getting into mergers and acquisitions and improving their product portfolios.

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

Several new players are emerging in the market rapidly, owing to scope of expansion and good revenue growth in coming years. Graphenea S.A., Nano Material Tech, Applied Graphene Materials plc, Nanjing XFNANO Materials Tech Co., Ltd., ACS Material LLC, Advanced Graphene Products, Haydale Ltd., Applied Nanotech Inc., Grafoid Inc., and Graphene Frontiers are among the key firms leading graphene market. Rise in competition between the players to have maximum number of patents is likely to intensify the competition in the market.

Request A Sample Of Graphene Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=840

According to Transparency Market Research, the global graphene market is anticipated to grow with a strengthening CAGR 33.5% within the forecast period from 2015 to 2023. In 2014, the market was valued to be around worth US$12.2 mn. This figure is expected to grow to US$159.2 mn by the end of 2023.

On the basis of geography, the market is dominated by North America. In 2014, the region accounted for around 40.2% of share in the entire market. Graphene oxide, trailed by graphene nanoplatelets are the major product segment in the region.

Request For Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=840

Light-Weight Nature of Graphene to Propel its Demand in Electronic Industry 

Even though graphene is a newly discovered semi-metal, it has wide usage in various industries. Owing to its strength, light-weight, it is considered to be tougher than the most hard metals, including diamond. These properties make graphene most used in electronic industry for the manufacture of smartphones. Alongside electronic industry, the usage of graphene has also risen in telecom, automotive, and aerospace and defense. Moreover, graphene is used in making of several automobile parts, in order to make automobiles less heavy and fuel-effective in nature. This is likely to support the demand in graphene market.

Rising investments in research and development activities is another factor that is propelling the future market growth.

Get PDF Brochure for more Professional & Technical industry insights: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=840

High Manufacturing Cost Foreseen to Hamper Market Growth 

However, the high cost of manufacturing grapheme is expected to hinder the market growth in forthcoming times. Moreover, the development of this semi-metal needs in-depth research and development. Hence, the manufacturers are working on coming up with cost-effective technologies. This factor is also pulling back end-user sectors from using graphene products as it increases the output price as well.

This review is based on the findings of a TMR report, titled, “Graphene Market Graphene Market Size By Product (Graphene Oxide, Graphene Nanoplatelets, Mono-layer & Bi-layer Graphene), By End-user (Electronics, Aerospace & Defense, Energy, Automotive, Healthcare) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.”

Ask for Discount on Premium Research Report (US$ 5795) With Complete TOC: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=840

The report segments the global graphene market as follows:

Graphene Market – Product Analysis 

  • Graphene Oxide
  • Graphene Nanoplatelets
  • Mono-layer & Bi-layer graphene
  • Others (Including Graphene Multilayer, etc.)

Graphene Market – End-user Segment Analysis 

  • Electronics
  • Aerospace & Defense
  • Energy
  • Automotive
  • Health care
  • Others (Including Paints and coatings, etc.)

Popular Research Reports of TMR: 

About Us  

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Websitehttp://www.transparencymarketresearch.com
Research Bloghttps://cmfenews.com/

SOURCE Transparency Market Research

Click here to read the full release with contact information on PR Newswire. Some releases are not in English.

To post and circulate your own press release on FIR and the eTN Network  please click here 

 


Comments are closed here.