The globalgraphene nanoplateletsmarket size is expected to reach USD 755.26 Million in 2030 and register a revenue CAGR of 34.63% over the forecast period, according to the latest report by Reports and Data. Graphene Nanoplatelets have excellent thermal and electrical conductivity, which makes them an ideal material for various industrial applications. Increasing consumer awareness about energy conservation and environment-friendly materials is expected to drive global Graphene Nanoplatelets market revenue growth over the forecast period. Additionally, the easy availability of raw materials is expected to drive the development of Graphene Nanoplatelets around the world.
Graphene Nanoplatelets are made from natural graphite and are normally formed by chemical exfoliation, thermal shock, or plasma reaction. When added to polymer matrices, GNPs increase their mechanical properties, chemical resistance, and lifespan, while decreasing their ability to absorb water, which makes them more resistant to humid environments. Graphene Nanoplatelets are used in energy power, automotive transportation, building construction, medical, packaging, electrical electronics, rubber, chemicals, and other Industries. The versatility of graphene makes it suitable for use in a wide range of applications, despite its small size. GNPs have been known as excellent nanofiller materials that can facilitate the development of revolutionary technologies and innovations. Wearable electronic devices made of Graphene Nanoplatelets are gaining traction, due to their low sheet resistance and flexibility, which is contributing to market revenue growth.
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Top Key Players:CVD Equipment Corporation, Global Graphene Group, XG Sciences Inc., ACS Materials LLC, Group Nanoxplore Inc., Thomas Swan Co. Ltd, Directa Plus PLC, Graphene Laboratories Inc., Xiamen Knano Graphene Technology Co. Ltd, Haydale Graphene Industries Inc., Applied Graphene Materials Inc., Cambridge Nanosystems Ltd, Strem Chemicals, Inc., CealTech, and Vorbeck Materials.
Market Overview:
Demand for innovative materials is driven by transformations in the energy, automotive, logistics, manufacturing, construction, and other industries, as well as growing industry 4.0 technologies. Sustainability, lightweight, 3D printing, and surface engineering are all hot topics in the materials sector, as are intelligent materials, nano-formulations, and new composites with improved properties. Furthermore, increased adoption of artificial intelligence (AI), machine learning (ML), and data management strategies encourages scientists to investigate and develop novel materials considerably more quickly, reducing time-to-market from decades to only a few years.
Product Outlook (Revenue, USD Million; Volume, Tons; 2019-2030)
- M-GNPs
- C-GNPs
- H-GNPs
- R-GNPs
Application Outlook(Revenue, USD Million; Volume, Tons; 2019-2030)
- Lithium-Ion Batteries
- Conductive Inks Coatings
- EMI Shielding
- Additives
- Composites
- Others
End-UseOutlook (Revenue, USD Million; Volume, Tons; 2019-2030)
- Energy Power
- Automotive Transportation
- Building Construction
- Medical
- Packaging
- Electrical Electronics
- Rubber
- Chemicals
- Others
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The global Graphene Nanoplatelets market is segmented into:
- North America(U.S.A., Canada, Mexico)
- Europe(Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific(China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America(Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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