Graphene Composites Market to Grow by a CAGR of ~40% during 2022 - 2031

(MENAFN- Comserve)

New York, United States, Mar 30, 2022, 15:42 /Comserve / -- The global graphene composites market is anticipated to attain a CAGR of 40% over the forecast period, i.e., 2022 - 2031.

Research Nester published a report titled 'Graphene Composites Market : Global Demand Analysis & Opportunity Outlook 2031' which delivers detailed overview of the global graphene composites market in terms of market segmentation by product, end-use industry, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global graphene composites market is anticipated to attain a CAGR of 40% over the forecast period, i.e., 2022 - 2031. The market is segmented by product into polymer-based, ceramic-based, metal-based, and others, out of which, the polymer-based segment is anticipated to hold the notable share in the global graphene composites market over the forecast period on account of advantageous properties of polymer-based graphene composites, including higher flexibility and lighter weight, which makes them ideal for electronics, and automotive.

Download Sample PDF of this Report @ 

The global graphene composites market is estimated to grow on the back of various advantages of using graphene composites, such as, electrical and thermal conductivity, durability, flexibility, stiffness, UV resistance, weight reduction and fire resistance. Moreover, growing use of graphene composites for manufacturing parts of electronics, combined with the increasing demand for electronic devices, are estimated to boost the market growth. For instance, more than 1.3 billion smartphones were sold by smartphone vendors, in 2020, across the world.

On the basis of geographical analysis, the global graphene composites market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period growing manufacturing of chemicals. As per the statistics provided by the World Bank, chemicals contributed for 16.439% value in manufacturing in the year 2017, in the United States. Moreover, the growing import and export of chemicals is further estimated to boost the regional market growth.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Improved Strength and Flexibility of Graphene Composites to Boost the Market Growth

Graphene is a form of carbon that can enhance the properties of any material it is mixed with. Graphene composites specifically mean a combination of two materials, graphene with metal, polymer, or ceramic, among others. As a result, graphene composites are very strong, flexible, lightweight, and good conductors of heat and electricity, which cannot be achieved through any single material. Owing to these properties, graphene composites are ideal for energy storage, electronics, paint additives, and others. The growing application of the material amongst various end-use industries is estimated to boost the market growth.

However, lack of adequate production of raw materials is expected to operate as key restraint to the growth of global graphene composites market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global graphene composites market which includes company profiling of Graphene NanoChem Plc, NanoXplore Inc., Applied Graphene Materials plc, XG Sciences Inc., Directa Plus PLC, Graphene Composites Limited, Graphmatech AB, Nano Graphene Inc., G6 Materials Corp., and Haydale Graphene Industries PLC. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global graphene composites market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Download Sample PDF of this Report @ 

About Research Nester:

Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.

MENAFN30032022004694010674ID1103940470