Global Graphene Market: Use in Manufacturing Light-Weight Automotive and Aircraft Components to Boost Demand, Says Tmr

Transparency Market
Research
Graphene Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023

Published Date
09-Feb-2016

133 Page Report

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Global Graphene Market: Use in Manufacturing Light-weight
Automotive and Aircraft Components to Boost Demand, says
TMR
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Graphene Market

REPORT DESCRIPTION
Graphene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The global graphene market is fragmented with the top five companies accounting for 38.8% of the market in
2014. These companies are Graphenea S.A.,Applied Graphene Materials plc, XG Sciences, Inc., Grafoid Inc.,
and Graphene Frontiers LLC. Mergers and acquisitions are likely to alter the market shares of companies in
the coming years. The lucrativeness of the market and the broadening scope of graphene in various end-user
industries are expected to attract many new players in the future. Players are investing in research and
development in order to create cost effective manufacturing technologies, states Transparency Market
Research in its new study. The current threat of substitutes is moderate owing to the easy availability of low
cost alternatives. However, the threat level will decrease significantly in the coming years.
According to the report, the global graphene market is expected to rise from US$15.8 mn in 2015 to US$159.2
mn by 2023. On the basis of product, the graphene oxide segment is expected to account for 42.6% of the
market by 2023. By end user, the electronics segment is likely to continue to lead, accounting for 34.7% of the
market by 2023. On the basis of geography, North America, followed by Europe, will lead in the market. North
America is projected to account for 42.1% of the market by 2023.
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