The market size of graphene nanoplatelets will reach USD 755.26 million in 2030 owing to the increasing application of Gnp in textiles and composites due to their ability to improve crystallinity and thermal stability of products, according to reports. reports and data

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NEW YORK, May 2, 2022 /PRNewswire/ — The World graphene nanoplatelets market the size should reach $755.26 million in 2030 and register a revenue CAGR of 34.63% over the forecast period, according to the latest Reports and Data report. Graphene has played a major role in the building and construction industry, and graphene nanoplatelets are rapidly gaining popularity as smart materials to improve the durability of ordinary cement. Going forward, rising population coupled with increasing investment in building and construction projects supported by advancements in construction technologies is expected to drive the market revenue growth.

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Graphene nanoplatelets (GNP) find applications in the smart fabric industry, as GNP-coated fabrics improve the crystallinity and thermal stability of products. In recent years, the demand for flexible and self-contained wearable textile devices has increased significantly. Wearable devices made from graphene-coated textiles have been used for energy harvesting and storage, due to their exceptional mechanical, electrical and electronic properties. GNPs are more suitable than graphene oxide for applications requiring high electrical conductivity. The incorporation of conductive nanoparticles on/inside fibrous networks most often targets the direct functionalization of textiles, however, this approach has also yielded brilliant results in applications related to electrochemical sensors, supercapacitors (SCs) and sensors. generators. Modern technologies are being adopted at a faster rate in the textile industry, which is driving demand for products.

Graphene nanoplatelets are classified into M-GNP, C-GNP, H-GNP, and R-GNP, of which the C-grade material is available in high purity (HP) form. Grade C particles consist of micron-sized platelet aggregates with a particle diameter of less than two microns and a particle thickness of a few nanometers. Since this grade is of high purity, it is an effective ingredient in inks or coatings for fuel cells, electrolyzers and various other applications. The C-GNPs segment is therefore expected to register a relatively faster growth rate than other product types during the forecast period. C-GNPs can dramatically improve the performance of primers, coatings, paints, wax and lubricants, increasing their demand in these applications. Additionally, graphene nanoplatelets have the potential to improve properties, such as mechanical, barrier, and lubricating properties of new and existing car care products. Rising automobile sales globally, rising consumer disposable income, and new car washing techniques are likely to increase the usage of car care products, which is expected to drive the market revenue growth during the forecast period.

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Some key highlights of the report:

  • In December 2020, Haydale has signed an exclusive distribution agreement with iCraft, the manufacturer of PPE masks enhanced with graphene nano-platelets. The agreement covers the UK and Europe markets.

  • In January 2022, Applied Graphene Materials (AGM) has introduced a range of industrial anti-corrosion primers based on its well-established Genable-branded dispersion of graphene nanoplatelets. The two new primers are complementary routes to market, which management believes will accelerate adoption of the company’s protective coating products.

  • The electrical and electronics segment accounted for the largest revenue share in the global market in 2021, as wearable electronic devices made of graphene nanoplatelets have gained popularity in recent years, due to their low sheet resistance and flexibility.

  • the Asia Pacific The market is expected to register the fastest revenue CAGR over the forecast period, owing to the growing use of graphene nanoplatelets in automotive applications.

  • Some major companies operating in the global market include CVD Equipment Corporation, Global Graphene Group, XG Sciences Inc., ACS Materials LLC, Group Nanoxplore Inc., Thomas Swan & Co. Ltd, Directa Plus PLC, Graphene Laboratories Inc., Xiamen Knano Graphene Technology Co. Ltd, Haydale Graphene Industries Inc., Applied Graphene Materials Inc., Cambridge Nanosystems Ltd, Strem Chemicals, Inc., CealTech and Vorbeck Materials.

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For this report, Reports and Data has segmented the global graphene nanoplatelets market based on product, application, end-use, and region:

Product Outlook (Revenue, USD Million; Volume, Tons; 2019-2030)

Application Outlook (Revenue, USD Million; Volume, Tons; 2019-2030)

End-Use Outlook (Revenue, USD Million; Volume, Tons; 2019-2030)

Regional Outlook (Revenue, USD Million; Volume, Tons; 2019-2030)

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

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