PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1572033
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1572033
Graphene Nanoplatelets
Global Graphene Nanoplatelets Market to Reach US$1.8 Billion by 2030
The global market for Graphene Nanoplatelets estimated at US$223.8 Million in the year 2023, is expected to reach US$1.8 Billion by 2030, growing at a CAGR of 35.1% over the analysis period 2023-2030. Energy & Power Application, one of the segments analyzed in the report, is expected to record a 36.6% CAGR and reach US$785.7 Million by the end of the analysis period. Growth in the Composites Application segment is estimated at 35.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$66.0 Million While China is Forecast to Grow at 33.6% CAGR
The Graphene Nanoplatelets market in the U.S. is estimated at US$66.0 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$265.5 Million by the year 2030 trailing a CAGR of 33.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 31.5% and 29.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 24.1% CAGR.
Global Graphene Nanoplatelets Market - Key Trends and Drivers Summarized
How Are Graphene Nanoplatelets Transforming Advanced Material Markets?
Graphene nanoplatelets (GNPs) have emerged as a game-changing material in various industries due to their exceptional mechanical, thermal, and electrical properties. Consisting of multiple layers of graphene, these nanoplatelets offer a unique combination of high surface area, strength, and conductivity. They are being incorporated into numerous applications, including composites, coatings, batteries, and electronics, where they enhance the performance and durability of products. Industries like automotive, aerospace, and energy storage are particularly interested in GNPs for their potential to reduce weight, improve strength, and increase energy efficiency. The versatility of graphene nanoplatelets makes them an attractive solution for various cutting-edge applications, where traditional materials fall short in terms of performance.
What Are the Key Segments of the Graphene Nanoplatelets Market?
Applications of GNPs include composites, energy storage, coatings, and conductive inks, among others. In the automotive and aerospace sectors, GNPs are increasingly being used to enhance the strength-to-weight ratio of composites, making vehicles lighter and more fuel-efficient. In energy storage, GNPs improve the capacity and lifespan of batteries and supercapacitors, contributing to the growing demand for advanced energy solutions. The electronics industry is using GNPs in flexible circuits, sensors, and other devices due to their superior electrical conductivity. Geographically, North America and Europe are leading markets for GNPs, driven by high R&D investments, while Asia-Pacific is witnessing rapid growth due to its expanding electronics and automotive industries.
How Are Technological Innovations Shaping the Future of Graphene Nanoplatelets?
Technological advancements in the production and functionalization of graphene nanoplatelets are playing a critical role in expanding their applications. New production methods, such as chemical vapor deposition (CVD) and liquid-phase exfoliation, are enabling the large-scale, cost-effective production of high-quality GNPs. Functionalization techniques, which involve modifying the surface of graphene nanoplatelets, are improving their compatibility with various materials, such as polymers and metals, thereby expanding their use in composites and coatings. Additionally, the integration of GNPs with other nanomaterials, such as carbon nanotubes, is opening up new possibilities for high-performance materials in electronics and energy storage. These innovations are making GNPs more accessible and valuable across a wide range of industries.
What Factors Are Driving the Growth in the Graphene Nanoplatelets Market?
The growth in the graphene nanoplatelets market is driven by several factors, including the rising demand for lightweight, high-strength materials in industries such as automotive, aerospace, and energy storage. As manufacturers seek to improve fuel efficiency and reduce emissions, the use of advanced composites with GNPs is becoming more prevalent. Additionally, the growing need for energy-efficient solutions is propelling the adoption of GNPs in batteries, supercapacitors, and renewable energy applications. Technological advancements that reduce production costs and improve the scalability of graphene nanoplatelets are also contributing to market expansion. Furthermore, increasing R&D investments in nanotechnology and materials science are fostering innovation, expanding the potential uses of GNPs in various high-tech sectors.
Select Competitors (Total 36 Featured) -
- ACS Materials LLC
- Angstron Materials, Inc.
- Applied Graphene Materials, Inc.
- Cambridge Nanosystems Ltd.
- CVD Equipment Corporation
- Directa Plus PLC
- Graphene Laboratories, Inc.
- Group NanoXplore, Inc.
- Haydale Graphene Industries, Inc.
- Strem Chemicals, Inc.
- Thomas Swan & Co. Ltd.
- XG Sciences, Inc.
- Xiamen Knano Graphene Technology Co., Ltd.
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Graphene Nanoplatelets - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Growing Demand for Lightweight and High-Strength Materials Drives Adoption of Graphene Nanoplatelets
- Technological Advancements in Nanocomposites Strengthen Business Case for Graphene Nanoplatelets
- Rising Use of Graphene Nanoplatelets in Energy Storage and Battery Technologies Spurs Growth
- Increasing Adoption in Automotive and Aerospace Industries Expands Addressable Market
- Expansion of Graphene Nanoplatelets in Electronics and Conductive Inks Propels Demand
- Growing Focus on Sustainable and Renewable Energy Sources Generates Opportunities for Graphene Nanoplatelets
- Rising Use of Graphene in Biomedical Applications Expands Market Horizons
- Innovations in Graphene-Based Coatings for Corrosion Resistance Accelerate Adoption
- Regulatory Push for Lightweight and Fuel-Efficient Materials Drives Growth in Transportation Sectors
- Rising Demand for Advanced Thermal Management Solutions Expands Graphene Nanoplatelet Applications
- Growing Use in 3D Printing Technologies Propels Adoption in Advanced Manufacturing
- Expansion of Graphene-Based Products in Consumer Electronics Sustains Market Growth
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Graphene Nanoplatelets Market Analysis of Annual Sales in US$ for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
- TABLE 3: World 7-Year Perspective for Graphene Nanoplatelets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
- TABLE 4: World Recent Past, Current & Future Analysis for Energy & Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
- TABLE 5: World 7-Year Perspective for Energy & Power by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 6: World Recent Past, Current & Future Analysis for Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
- TABLE 7: World 7-Year Perspective for Composites by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Conductive Inks & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
- TABLE 9: World 7-Year Perspective for Conductive Inks & Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 10: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
- TABLE 11: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 12: USA Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 13: USA 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- CANADA
- TABLE 14: Canada Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 15: Canada 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- JAPAN
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 16: Japan Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 17: Japan 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- CHINA
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 18: China Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 19: China 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- EUROPE
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 20: Europe Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
- TABLE 21: Europe 7-Year Perspective for Graphene Nanoplatelets by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
- TABLE 22: Europe Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 23: Europe 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- FRANCE
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 24: France Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 25: France 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- GERMANY
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 26: Germany Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 27: Germany 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- ITALY
- TABLE 28: Italy Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 29: Italy 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- UNITED KINGDOM
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 30: UK Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 31: UK 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- REST OF EUROPE
- TABLE 32: Rest of Europe Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 33: Rest of Europe 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- ASIA-PACIFIC
- Graphene Nanoplatelets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 34: Asia-Pacific Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 35: Asia-Pacific 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
- REST OF WORLD
- TABLE 36: Rest of World Recent Past, Current & Future Analysis for Graphene Nanoplatelets by Application - Energy & Power, Composites, Conductive Inks & Coatings and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
- TABLE 37: Rest of World 7-Year Perspective for Graphene Nanoplatelets by Application - Percentage Breakdown of Value Sales for Energy & Power, Composites, Conductive Inks & Coatings and Other Applications for the Years 2024 & 2030
IV. COMPETITION
