Graphene Oxide Market Size, Share | Industry Forecast, 2027

 

Graphene Oxide Market

Graphene Oxide Market is forecast to witness a promising growth over the coming years, owing to the rising demand for elastic, recyclable materials, and the growing demand for nanotechnology in electronic goods.

Increasing adoption of graphene is electronics, aerospace & defense, textile, and construction industry stands to be a major factor fueling the graphene oxide market share. Growing demand for inexhaustible, lightweight, and elastic materials with enlarged life has driven the Graphene Oxide Market share. The strict environmental norms enforced by the government to encourage the demand for sustainable energy sources and the emerging need for nanotechnology in the electronic sector are expected to expand the market growth. In addition, increasing production of graphite and the growing demand for nanotechnology in the electronic good industry will bolster the market growth. However, the technological restrictions and excessive cost incurred on the production of graphene-oxide are anticipated to restrain the Graphene Oxide Market size.

Based on the application, the electronic device segment is expected to experience a faster CAGR over the forecast period, owing to the increasing production of solar cells and chemical sensors. It offers an enlarged surface area, thus making it a superior electrode material in the batteries and capacitors.

Based on the region, the Asia-Pacific region is anticipated to witness a higher CAGR over the forecast period, owing to the strategic partnership between leading universities and research institutes for the research and development activities. For example, The ARC Graphene Research Hub is an interdisciplinary research program involving 40 researchers working across several companies and universities.

Leading players operating in the market include The Sixth Element (Changzhou) Materials Technology Co., Ltd, ACS Material, BGT Materials Limited, Ltd., E Way Technology Co., Ltd, Gamer Tech, Graphenea, Inc., Global Graphene Group, Metalgrass LTD, Cheap Tubes, and Graphene Manufacturing Group Ltd., among others.

Key Developments:

In 2021, Graphene Manufacturing Group Ltd. (GMG), an Australian-based company, collaborated with Cuspis Capital Ltd. GMG produces graphene with a proprietary production process and emphasising on the energy saving markets.

Graphene Oxide Market Segmentation:

Graphene Oxide Market by Equipment Type
  • Cranes & Lifting Equipment
  • Industrial Trucks
  • Continuous Handling Equipment
  • Racking & Storage Equipment
Graphene Oxide Market by Operation
  • Assembly
  • Distribution
  • Transportation
  • Others
Graphene Oxide Market by Industry
  • Automotive
  • Food & Beverages
  • Chemical
  • Semiconductor & Electronics
  • E-Commerce
  • Aviation
  • Pharmaceutical
  • Construction
  • Others
Graphene Oxide Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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