Research and Markets: Graphene Market is Forecast to Reach $149.1 Million Globally by 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/ckp8st/global_graphene) has announced the addition of the “Global Graphene Market (Product Type, Application, Geography) – Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020” report to their offering.
Graphene, which is the world’s first 2D material, is ultra-light and extremely tough. The honey comb lattice structure of the material makes it 200 times stronger than steel and extremely flexible. The material is considered an excellent conductor of electricity and has high level of heat resistance as well. Due to its unique physiochemical characteristics, the material has wide applications across different industries such as energy, electronics, composite, coatings, biomedical, sensors, automobile, aerospace, etc. High-priced equipment and incapability in mass production are the two major restraining factors of the market. Additionally, the applications of graphene are still restricted in some sectors due to the absence of band gap in the material. There are also health and environmental risks associated with the handling of graphene during production, as the product is highly inflammable.
Due to the opportunities available in the graphene market, the graphene business has gained the attention of many players around the world. Existing companies in the market are also adopting excellent business strategies, such as product launch, collaboration, agreement, and partnership to promote the commercialization of the material. The companies involved in the graphene business are investing a substantial amount of capital and hiring efficient scientists to strengthen their research and development. .
The global graphene market is segmented into type, applications and geography. In the products market, GNP was the largest revenue generating segment in 2013 and is expected to retain its position throughout 2014 – 2020. However, graphene oxide and monolayer & bi-layer garphene are the most promising segments and are anticipated to generate substantial revenue by 2020.
– ACS Material LLC.
– Angstron Material
– Bluestone Global Tech
– CVD Equipment Corporation
– Graphene Laboratories
– Graphene Nanochem PLC
– Haydale Limited
– Vorbrck Materials
– XG Sciences
For more information visit http://www.researchandmarkets.com/research/ckp8st/global_graphene
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