The [FURL=https://www.industryarc.com/Research/Graphene-Nanoplatelets-Market-Research-503448?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Graphene Nanoplatelets Market[/FURL] size is forecast to reach $40.1 billion by 2026, after growing at a CAGR of 27% during 2021-2026, owing to increasing demand from various end-use industries such as energy, aerospace, automotive, medical devices, and the sports industry too. Graphene Nanoplatelets are used in the electronic and automotive industry, owing to their excellent electrical and thermal conductivities. These nanoparticles are used to develop strong concrete for making taller buildings and bridges and abrasion-resistant cement for warehouses and roadways. Graphene nanoplatelets (2nm-10nm) consists of stacks of multi-layer graphene sheets in platelet morphology.Key Takeaways
North America dominates the graphene nanoplatelets market owing to the increasing demand for graphene nanoparticles in various sectors such as consumer electronics, automotive, energy storage, and aerospace.
Increasing adoption of graphene nanoplatelets from electrical & electronics to manufacture conductive inks, coating for anti-electromagnetic interference capability, and conductive circuits for LED back panels which are estimated to grow the market size.
Graphene nanoparticles use in lithium-ion batteries to improving the life and charge capacity of the battery, will increase the demand for graphene nanoplatelets soon.
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Graphene Nanoplatelets Market Segment Analysis – By Geography
North America dominated the graphene nanoplatelets market in 2020, with 32%, due to increasing consumption from various end use industries such as aerospace, consumer electronics, automotive, and others. In North America, aircraft manufacturers use graphene nanoplatelets for lightweight aircraft body parts. According to the U.S. Department of Commerce, Bureau of the Census, and Foreign Trade Division, the total aerospace trade exportation in the United States increased by US$ 151,06.535 billion in 2018 compared to US$ 143,14.021 billion in 2017. Asia is the second-largest consumer of graphene nanoparticles for electronics. According to the India Cellular & Electronics Association (ICEA), India had approximately 500 million smartphone users in 2019, and this number is growing steadily to reach over 800 million by 2022.
Graphene Nanoplatelets Market Drivers
Increasing Demand from End-Use Industries
Increasing Adoption of Graphene in the Medical Sector
Graphene Nanoplatelets Market Landscape
Major players in the Graphene Nanoplatelets Market are XG Science Inc, Group NanoXplore, Haydale, Graphenea, Ceal Tech, Vorbeck Materials, ACS Material LLC, Strem Chemicals, Inc., Cheap Tubes Inc, Bluestone Global Tech, Angstron Materials, and among others.
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