Market Trend Analysis and Forecast of Graphene

According to the latest report from 2020 Global Market Trends and Forecast of Graphene released by MarketsandMarkets, the global graphene market is expected to reach $278 million by 2020, and during the period from 2015 to 2020, the growth rate will reach 42.8%.

The Asia-Pacific region - The fastest growing market of graphene

Graphene market in the Asia-Pacific region is expected to become the fastest growing region. Rapid economic growth, sustainable development of manufacturing industry, cheap Labour, and increasing applications and patent of based on the graphene, contribute to rapid development of the Asia-Pacific market. In addition, major research institutes and universties also help graphene research project, and China, India and Japan's main emerging economies have obtained great market growth. Among them, the Chinese market is the most dramatic country, mainly because China has more cross-industry cooperation, and various universities and research institutes are involved in the research and development of commercial activities.

Graphene oxide – The biggest market of graphene

Graphene oxide is the largest category of graphene market. Graphene oxide is easy to disperse in water and other organic solvents. Because its high conductivity, GO is widely used in electronic equipments, catalytic oxidation and biotechnology, and it is used as a surfactant in industrial application.

Application of energy – The largest application market of graphene

Energy application market is the fastest growth market of graphene, which is expected that the growth is still strong in the near future,. Because the market demand for some renewable energy with light, flexible and long service life is increasing, the energy application has become the third largest consumer market of graphene in the Asia-Pacific region. Lithium ion battery manufacturers need more efficient energy storage materials on the market, and the development of super high efficiency solar panel technology, they are key factors that contribute to the sustainable growth of graphene energy markets in the Asia-Pacific region.