The global Graphene system market is anticipated to grow at a CAGR of around 19.8% during the forecast period (2021-2027). The key factors that driving market growth include the rise of aviation industry as the application of graphene in aeroplanes are increasing in major countries such as Europe. For instance, According to Aviation 2050 – the future of UK aviation report, The UK has a strong record of aviation. The UK aviation sector contributes around $26.84 million to the UK economy, wherein with approximately £17.08 billion from air transport and £9.76 billion from aerospace, the UK has the world’s second-largest aerospace industry. The UK government has developed the Aviation 2020 strategy, which seeks to achieve a secure, safe, and sustainable aviation sector. As a result, the increasing emphasis on providing sustainable solutions in the growing aviation sector will favour global graphene market growth during the forecast period.
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Moreover, significant advancements in Graphene by the major players in the market also propel the growth of the market. For instance, in December 2019, the Graphene Flagship and leading European industries collaborated for the commercialization of graphene-enabled products. This collaboration is expected to include a total of $112.29 million in co-funding from the companies, to promote the products in a variety of industrial applications such as automotive, energy, and aerospace. This Graphene flagship mission is to advance graphene commercialisation and bring graphene-related materials from academic laboratories to society within 10 years while reshaping entire industries and spurring economic growth.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment Covered-
· By type
· By end-user
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Competitive Landscape- ACS Material LLC, CVD Equipment Corps, Graphenea Inc., XG Sciences Inc, Directa Plus S.p.A.
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominate the market in the base year?
· Which segment and region will project the fastest growth in the market?
· How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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A full Report of Graphene Market is Available at: https://www.omrglobal.com/industry-reports/graphene-market
Global Graphene Market Report Segment
By Type
· Graphene Oxide (GO)
· Mono-Layer & Bi-Layer Graphene
· Few-Layer Graphene (FLG)
· Graphene Nanoplatelets (GNP)
· Others (D Graphene Foams, Pristine Graphene)
By End Users
· Biomedical & Life Sciences
· Electronics
· Defense
· 3d Printing
· Others (Aerospace, Energy, Paints & Coatings, Adhesive, Sports, And Water Filtrations)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
