Graphene Market Growth and Development Insight – Size, Share, Growth, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Graphene Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Graphene Market (2024-2030)
The Global Graphene Market size is estimated to grow at a CAGR of around 20.5% during the forecast period, i.e., 2024-30.
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What is driving the Graphene Market?
Increasing Demand from the Biomedical Industry – The demand for graphene in the biomedical industry is increasing due to the material’s unique properties, which make it well-suited for various applications in medical research, diagnostics, and therapies. Graphene’s compatibility with biological systems reduces the risk of adverse reactions, inflammation, and rejection when used in implants such as orthopedic devices, prosthetics, and dental implants. This safety profile enhances the appeal of graphene for implantation applications.
Furthermore, the rising prevalence of infectious diseases such as HIV, hepatitis, and influenza is fueling the global demand for point-of-care tests for the swift detection of these conditions. According to the World Health Organization’s TB report, an estimated 10.6 million people were diagnosed with tuberculosis (TB) in 2021, marking a 4.5% increase from 2020. This escalating tendency in infectious diseases has led to a growing need for point-of-care tests. Consequently, there is an increasing incorporation of graphene-based biosensors into point-of-care testing devices designed to identify specific biomarkers linked to infectious diseases, contributing to the growth of the graphene industry.
What segments define the Graphene Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Product
(Graphene Nanoplatelets [GNP], Mono-layer & Bi-Layer Graphene, Graphene Oxide, Others),
By Application
(Composites, Catalysts, Coatings, Sensors, RadioFrequency Identification [RFID], Energy Storage, Others),
By End User
(Biomedical & Healthcare, Electronics, Telecommunication, Automotive, Aerospace & Defense, Energy, Others)
Region
(North America, Europe, Asia-Pacific, South America, Middle East & Africa)
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Who are the leading key players shaping the Graphene Market landscape?
Graphenea S.A., Carbon Rivers, Haydale Limited, ACS Materials LLC, Applied Graphene Materials plc, Advanced Graphene Products, Versarien Plc, Applied Nanotech, Inc., NanoXplore Inc., Directa Plus S.p.A, Grafoid Inc., Global Graphene Group, The Sixth Element (Changzhou) Materials Technology Co. Ltd., First Graphene, Thomas Swan & Co., Graphmatec, and others
Questions Addressed in this Study
1.What factors are driving the Graphene Market growth?
2.How is the Graphene Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Graphene Market?
4.What is the current size of the Graphene Market, and how is it projected to change in the future?
6.What is the future outlook for the Graphene Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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