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Graphene Nanoplatelets Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A4102
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Market Overview:
The global graphene nanoplatelets market size reached US$ 80.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 509.5 Million by 2028, exhibiting a growth rate (CAGR) of 36.2% during 2023-2028.
Graphene nanoplatelets (GNPs) refer to attractive materials with excellent planar structure, high aspect ratio, electrical conductivity, and mechanical toughness. Their nano-powder form, appealing chemo-physical properties, and low cost make them a suitable material choice for advanced nanocomposites. Moreover, GNPs polymer conductive inks are functionalized with flexible plastic substrates for manufacturing durable and high-performance devices like antennas, compliant electrodes for energy applications, and electromagnetic interference shielding films. At present, researchers worldwide are utilizing cellular substrates or advanced biodegradable materials to construct sustainable, eco-friendly product variants that can help in electronic waste management.
Graphene Nanoplatelets Market Trends:
The market is mainly driven by the extensive applications of GNPs in numerous industries. For instance, they are used to enhance the characteristics of polymeric materials, including lubricants, paints, coatings, natural or synthetic rubber, thermoset composites, and thermoplastic elastomers, due to their nano-scale volume as well as the form and surface structure. The thriving construction industry is also bolstering the market growth. Moreover, due to the diverse characteristics of GNPs, they are also used in reinforced plastic materials and wearable electronics. Apart from this, GNPs are combined with polydimethylsiloxane (PDMS) to develop a new generation sensor technology. The demand for these GNP-based smart sensors is expanding for tactile devices and electronic robotic skins. Furthermore, leading players are employing innovative approaches that bind conductive nanoflakes to smart textiles under severe mechanical stresses and laundry cycles. This helps to introduce reliable and washable GNP-based materials with innovative electrically conductive features. This, in confluence with the rising trend of miniaturization, is anticipated to influence the demand for GNP-based smart textiles worldwide and strengthen the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global graphene nanoplatelets market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on application.
Breakup by Application:
- Composites
- Energy and Power
- Conductive Inks and Coatings
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACS Materials LLC, Applied Graphene Materials plc, Cambridge Nanosystems Ltd., Cheap Tubes, CVD Equipment Corporation, Directa Plus plc, Global Graphene Group, NanoXplore Inc, Strem Chemicals Inc., Thomas Swan & Co. Ltd, XGSciences and Xiamen Knano Graphene Technology Corporation Limited.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Million |
| Segment Coverage | Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | ACS Materials LLC, Applied Graphene Materials plc, Cambridge Nanosystems Ltd., Cheap Tubes, CVD Equipment Corporation, Directa Plus plc, Global Graphene Group, NanoXplore Inc, Strem Chemicals Inc., Thomas Swan & Co. Ltd, XGSciences and Xiamen Knano Graphene Technology Corporation Limited |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global graphene nanoplatelets market was valued at US$ 80.2 Million in 2022.
We expect the global graphene nanoplatelets market to exhibit a CAGR of 36.2% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous production activities for graphene nanoplatelets.
The rising adoption of graphene nanoplatelets to enhance the characteristics of polymeric materials, such as lubricants, paints, coatings, etc., owing to their nano-scale volume as well as the form and surface structure properties, is primarily driving the global graphene nanoplatelets market.
Based on the application, the global graphene nanoplatelets market can be bifurcated into composites, energy and power, conductive inks and coatings, and others. Currently, composites exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global graphene nanoplatelets market include ACS Materials LLC, Applied Graphene Materials plc, Cambridge Nanosystems Ltd., Cheap Tubes, CVD Equipment Corporation, Directa Plus plc, Global Graphene Group, NanoXplore Inc, Strem Chemicals Inc., Thomas Swan & Co. Ltd, XGSciences, and Xiamen Knano Graphene Technology Corporation Limited.
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