The global graphene nanoplatelets market is
expected to reach USD 206.0 million by 2025, according to a report by Grand
View Research, Inc. The rising demand for lightweight composite materials in
numerous end-user industries is expected to propel the market growth.
The product has unique mechanical
properties including high tensile strength, surface hardness, and stiffness.
Layered composition of the particles imparts superior thermal and electrical
properties of the product as compared to conventional carbon compounds.
Furthermore, the unique platelet morphology of these nanomaterials leads to
improved barrier properties. Therefore, nano-dimensional size, material
composition, and thermal & electrical conductivity encourage their usage in
composites, energy & power, conductive inks & coatings, and lubricants.
Enhanced toughness, scratch resistance, and
abrasion resistance have fueled the usage of the product in composites.
Composites based on graphene nanoplatelets are experiencing surging demand in
the automotive, aerospace, and construction industries. The growing demand for
advanced composite materials in several end-user industries is anticipated to
propel the market growth over the forecast period.
North America held the largest share of the
global market in 2016 owing to significant demand for high-performance
composites and sustainable energy & power storage system. Considerable
presence of various aircraft and automotive manufacturers has boosted the
demand in the U.S. over the past few years. Asia Pacific is projected to
witness spurring demand for graphene nanoplatelets over the forecast period.
Supportive governmental policies in countries including China and India are
expected to favor the market growth in Asia Pacific.
Full Research
Report On Graphene Nanoplatelets Market Analysis:
http://www.grandviewresearch.com/industry-analysis/graphene-nanoplatelets-market
http://www.grandviewresearch.com/industry-analysis/graphene-nanoplatelets-market
Further key findings from the report suggest:
·
The global graphene
nanoplatelets market was valued at USD 11.9 million in 2016 and is expected to
grow at a robust CAGR of 37.6% from 2017 to 2025, driven by the increasing
consumption in key end-use verticals such as aerospace and energy & power
·
Advantageous features including
electrical conductivity, thermal stability, and increased stiffness have
encouraged the consumption of the product in various applications
·
Composites application segment
is expected to dominate the global market owing to significant demand in the
aerospace & defense, automotive, and construction sectors
·
In terms of revenue, the
composites segment accounted for around 31% share of the global market in 2016
followed by energy & power
·
Energy & power is predicted
to be the fastest-growing application segment of the global market owing to
increased use of graphene nanoplatelets in lithium-ion batteries, lead
batteries, and ultracapacitors
·
In terms of revenue, North
America held the largest share of the global market in 2016 owing to
significant demand in developed countries such as the U.S. and Canada
·
Asia Pacific is estimated to
dominate the global market by 2025, surpassing North America. Prospective
industrial growth in countries including China, India, and Japan are likely to
attribute to the rapid growth in the Asia Pacific region.
·
Key players include XG
Sciences, Inc.; ACS Materials LLC; CVD Equipment Corporation.; Angstron
Material Inc.; and Group NanoXplore Inc. The market is fragmented in nature
owing to the presence of numerous small and medium-scale producers.
View More Reports of This Category by Grand View Research
At: https://www.grandviewresearch.com/industry/nanoparticles
Grand View Research has segmented the
global graphene nanoplatelets market on the basis of application and region:
Graphene Nanoplatelets Application Outlook (Volume,
Kilograms; Revenue, USD Thousand; 2014 - 2025)
·
Composites
·
Energy & Power
·
Conductive Inks & Coatings
·
Others
Graphene Nanoplatelets Regional Outlook (Volume,
Kilograms; Revenue, USD Thousand; 2014 - 2025)
·
North America
o U.S.
·
Europe
o UK
o Spain
·
Asia Pacific
o China
o India
·
Rest of the World
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-graphene-nanoplatelets-market
Grand View
Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
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