Technavio Announces the Publication of its Research Report Global Graphene Market 2016-2020
Technavio recognizes the following companies as the key players in the global graphene market: Advanced Graphene Products, Haydale, Group NanoXplore, Graphenea, and Graphene Platform.
Other Prominent Vendors in the market are: CealTech, Vorbeck Materials, Graphene Laboratories, and XG Sciences.
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Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be increasing patent filing in China. The priority country analysis shows that the patent first filings were more in the US before 2010. However, China became the leading country after 2010. The UK accounts for less than 1% of the total first filings. China accounts for 30% in the applicant country distribution followed by Korea with 25%. Thus, it can be concluded that China is quite dominant in patent filing.
According to the report, distinct properties of graphene will be a key driver for market growth. Graphene has excellent mechanical, electronic, and chemical properties. It is approximately 100 times stronger than steel and can move electrons 200 times faster as compared with silicon. Graphene requires less light energy for electron excitation as it has overlapped electron layers. It is strong, thin, and can easily bend without breaking, which makes it a material of choice for bendable electronics. It can be considered as an alternative to indium tin oxide used in plasma televisions and phones.
Further, the report states that production of high-quality and low-cost graphene has become a major challenge for the industry. The most common production techniques for graphene include CVD, chemical reduction of exfoliated graphene oxide, liquid phase exfoliation of graphite, micromechanical cleavage, epitaxial growth on SiC substrates, and unzipping of carbon nanotubes. These methods have their own limitations that act as barriers to mass production of graphene.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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An atomic layer of graphite is known as graphene. It in an allotrope of carbon in a honeycomb lattice. It forms a two-dimensional (2D) structure and is used for various applications, such as field effect transistors, transparent conductive films, and lithium-ion battery additive. It is used by research institutions as well as business organizations. The graphene market is in the infant stage, with various organizations continuously working to develop new application areas and new production methods that can be adopted commercially.
Technavios analysts forecast the global graphene market to grow at a CAGR of 38.75% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global graphene market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the major five vendors operating in the market.
The market is divided into the following segments based on geography:
Technavio’s report, Global Graphene Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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