PUBLISHER: The Business Research Company | PRODUCT CODE: 1926141
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926141
Graphene, a two-dimensional form of carbon, is composed of a single layer of carbon atoms arranged in a hexagonal lattice. Its remarkable properties encompass exceptional electrical conductivity, mechanical strength, thermal conductivity, and flexibility, rendering it highly promising for diverse applications in electronics and energy storage.
Graphene yields several key products, including graphene nanoplatelets, graphene oxide, reduced graphene oxide, monolayer graphene, bulk graphene, and others. Graphene nanoplatelets denote graphene sheets possessing a high aspect ratio, commonly utilized as reinforcing agents in composites to enhance mechanical properties. Their applications span across various sectors such as paints, coatings, electronic components, batteries, solar panels, and more, encompassing industries such as automotive, medical, aerospace, defense, concrete, tires, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have had a notable impact on the graphene market by increasing the cost of imported graphite feedstock, chemical vapor deposition equipment, and precision manufacturing tools. These higher costs have affected applications across electronics, batteries, composites, and coatings, particularly in Asia-Pacific and North America where advanced material manufacturing is concentrated. Tariff-related disruptions have also slowed commercialization timelines. To mitigate these effects, companies are localizing supply chains, investing in synthetic graphite alternatives, and scaling domestic graphene production. In some regions, tariffs have encouraged domestic innovation and reduced dependence on imported advanced materials.
The graphene market research report is one of a series of new reports from The Business Research Company that provides graphene market statistics, including graphene industry global market size, regional shares, competitors with a graphene market share, detailed graphene market segments, market trends and opportunities, and any further data you may need to thrive in the graphene industry. This graphene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The graphene market size has grown exponentially in recent years. It will grow from $1.6 billion in 2025 to $1.96 billion in 2026 at a compound annual growth rate (CAGR) of 22.0%. The growth in the historic period can be attributed to research advancements in nanomaterials, demand for lightweight materials, growth of electronics industry, expansion of battery technologies, government funded graphene research.
The graphene market size is expected to see rapid growth in the next few years. It will grow to $3.99 billion in 2030 at a compound annual growth rate (CAGR) of 19.5%. The growth in the forecast period can be attributed to increasing electric vehicle adoption, growth of renewable energy storage, advancements in large scale graphene synthesis, expansion of aerospace applications, rising demand for high performance materials. Major trends in the forecast period include rising use in energy storage applications, growing adoption in advanced composites, expansion of graphene in electronics manufacturing, increasing use in coatings and paints, focus on scalable graphene production methods.
The growing demand for graphene in the automotive sector is expected to drive the expansion of the graphene market. The automotive sector involves the design, manufacturing, marketing, and sales of vehicles, including automobiles, trucks, buses, and motorcycles. This increased demand for graphene in the automotive industry is due to its remarkable mechanical properties, such as high strength and lightweight characteristics, which allow for the production of vehicles with better fuel efficiency, improved performance, and a reduced environmental footprint. Graphene is used in the automotive industry to enhance various components and systems, such as lightweight structural materials, conductive coatings for batteries and sensors, and heat management solutions, all of which contribute to improved vehicle performance, efficiency, and sustainability. For example, in June 2024, the International Energy Agency, a France-based intergovernmental organization, reported that global electric vehicle (EV) sales surpassed 14 million in 2023, marking a 35% year-on-year increase, with 3 million EVs sold in Q1 2024 and significant growth in battery production expected to exceed 9 TWh by 2030, driven by key markets such as China and Norway. Therefore, the rising demand for graphene in the automotive sector is fueling the growth of the graphene market.
Leading companies in the graphene market are concentrating on developing innovative solutions, such as the Graphene Research and Development Hub, to promote the advancement of graphene-based technology through research, development, incubation, and commercialization in India. The Graphene Research and Development Hub serves as a collaborative platform aimed at connecting researchers and industry stakeholders in the graphene and layered materials sector, encouraging knowledge transfer, networking, and innovation through digital and hybrid events. For example, in January 2024, S. Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), an India-based government ministry, inaugurated India's first Graphene Innovation Centre and a Centre of Excellence in Intelligent IoT Sensors in Kerala. Established in collaboration with partners like Digital University Kerala and Tata Steel, these centers offer comprehensive facilities for research and development, innovation, incubation, and testing. They play a key role in advancing materials research and IoT sensor technology in India, promoting industry collaboration and skill development in these fields.
In March 2023, Universal Matter UK Limited, a subsidiary of Universal Matter Inc., a US-based graphene manufacturer, acquired Applied Graphene Materials UK Limited and Applied Graphene Materials LLC for $1.3 million. This acquisition granted Universal Matter Inc. access to Applied Graphene Materials' cutting-edge product technologies and dispersion platform, accelerating the development of graphene-based solutions and offering industries high-performance, sustainable materials. Applied Graphene Materials Ltd., based in the UK, specializes in developing graphene dispersions and nanoplatelets to enhance material properties across various applications.
Major companies operating in the graphene market are NanoXplore Inc., Ningbo Morsh Technology Co. Ltd., Nanjing XFNANO Materials Tech Co. Ltd., Thomas Swan & Co. Ltd., Directa Plus S.P.A., Versarien plc, AMO GmbH, Avanzare Innovacion Tecnologica S.L., Grafoid Inc., Vorbeck Materials Corp., 2D Carbon Graphene Material Co. Ltd, ACS Material, Graphene Laboratories Inc., GRAPHENE SQUARE INC., Graphenea, Graphmatech AB, HAYDALE GRAPHENE INDUSTRIES PLC, Nanotech Energy Inc., Talga Group, Universal Matter Inc., XG Sciences, Zentek Ltd., Global Graphene Group, BGT Materials Ltd., Cheap Tubes
Asia-Pacific was the largest region in the graphene market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the graphene market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the graphene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The graphene market consists of sales of inks and coatings, batteries and supercapacitors, biomedical devices, paints and coatings, photovoltaic devices, and energy harvesting devices. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Graphene Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses graphene market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for graphene ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The graphene market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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