Dublin, Nov. 06, 2017 (GLOBE NEWSWIRE) -- The "Graphene Nanoplatelets Market Analysis By Application And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global graphene nanoplatelets market was valued at USD 11.9 million in 2016 and is expected to grow at a robust CAGR of 37.6% from 2017 to 2025, driven by the increasing consumption in key end-use verticals such as aerospace and energy & power and is expected to reach USD 206.0 million by 2025
The rising demand for lightweight composite materials in numerous end-user industries is expected to propel the market growth.
The product has unique mechanical properties including high tensile strength, surface hardness, and stiffness. Layered composition of the particles imparts superior thermal and electrical properties of the product as compared to conventional carbon compounds. Furthermore, the unique platelet morphology of these nanomaterials leads to improved barrier properties. Therefore, nano-dimensional size, material composition, and thermal & electrical conductivity encourage their usage in composites, energy & power, conductive inks & coatings, and lubricants.
Enhanced toughness, scratch resistance, and abrasion resistance have fueled the usage of the product in composites. Composites based on graphene nanoplatelets are experiencing surging demand in the automotive, aerospace, and construction industries. The growing demand for advanced composite materials in several end-user industries is anticipated to propel the market growth over the forecast period.
North America held the largest share of the global market in 2016 owing to significant demand for high-performance composites and sustainable energy & power storage system. Considerable presence of various aircraft and automotive manufacturers has boosted the demand in the U.S. over the past few years. Asia Pacific is projected to witness spurring demand for graphene nanoplatelets over the forecast period. Supportive governmental policies in countries including China and India are expected to favor the market growth in Asia Pacific.
Key players include XG Sciences, Inc.; ACS Materials LLC; CVD Equipment Corporation.; Angstron Material Inc.; and Group NanoXplore Inc. The market is fragmented in nature owing to the presence of numerous small and medium-scale producers.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Graphene Nanoplatelets Market Variables, Trends, and Scope
Chapter 4. Graphene Nanoplatelets Market: Application Estimates & Trend Analysis
Chapter 5. Graphene Nanoplatelets Market: Regional Outlook
Chapter 6. Competitive Landscape
Chapter 7. Company Profiles
- CVD Equipment Corporation
- Angstron Materials Inc.
- 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.
For more information about this report visit https://www.researchandmarkets.com/research/56vfhp/graphene