Global Graphene Oxide Market is valued approximately USD 11.27 million in 2019 and is anticipated to grow with a healthy growth rate of more than 37.24 % over the forecast period 2020-2027. Graphene Oxide is unique material which is a single monomolecular layer of graphite with numerous oxygen containing functionalities. It is a nanomaterial generally prepared by Hummers Method. The growing use of Graphene Oxides in numerous industries such as Energy storage, Solar Power generation and Electronics. Graphene oxides are used in various forms in these industries generally powder, Suspension, Sheets, films and more. The excessive use of Graphene Oxide in these industries drives the market growth. For instance: the conductive films made from Graphene Oxide are used in manufacture of Solar Cells and coatings of electronics. The boost in the adoption of Solar Power generation and the surge in the penetration of consumer electronics drives the demand for Graphene Oxide. As per Statista, the revenue in the consumer electronics industry reached USD 384 billion in 2020 with a user penetration of 22.3% and is expected to reach 34.8% by 2025. While, the Solar Power capacity across the globe increased to 509.3 GW in 2018 from just 5 GW in 2005. Further, the unique properties of Graphene Oxide such as excellent absorption of DNA and high biocompatibility lures its utilization in Biomedical industry fostering the market growth. However, technical limitations impedes the growth of the market over the forecast period of 2020-2027. Although, rise in research and development in Graphene Oxide use presents a lucrative opportunity for the market.
The regional analysis of global Graphene Oxide market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of technology and well-established infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing research and development along with rapid growth in manufacturing would create lucrative growth prospects for the Graphene Oxide market across Asia-Pacific region.
Major market player included in this report are:
Global Graphene Group
Graphenea
Garmor
ACS Material
Cheap Tubes Inc.
The Sixth Element Materials Technology Co. Ltd,
BGT Materials Limited
UNIPL
Allightec Co., Ltd.
Shandong Leadernano Technology Co. LTD
Nanoinnova Technologies SL
E WAY Technology Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Graphene Oxide Powder
Graphene Oxide Solution
By Application:
Transparent Conductive Films
Composites
Energy-related Materials
Biology and Medicine
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027
Target Audience of the Global Graphene Oxide Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors