Global graphene technology market: 55% CAGR expected between 2013-2018

Press Release   •   Jul 16, 2013 15:29 BST

The global graphene technology market is forecast to reach a CAGR growth rate of around 55.5% between 2013 and 2023. In terms of technology, the CVD (Chemical Vapor Deposition) process sector accounted for the largest market revenue in 2013, and is expected to grow at a CAGR of 53.15% between 2013 and 2023. The industry is also witnessing the spree of other technology mapping such as graphite exfoliation, scotch tape method, synthesis on silicon carbide (SiC) and so on.

Apart from the novel properties, graphene has found its space in the semiconductor and electronics vertical which gives an enormous opportunity to do a lot with products and devices. The industry is witnessing the spree of new product developments, patent filings, mergers, collaborations and other alliances by number of research organizations and companies for having the first mover advantage in the industry. The forward integration of the research institutes into the commercial player is the key activity of the industry.

Latest researches have concurred with increased concern in the application of graphene as an electrode material in transistors, integrated chips, solar cells, nano-intermediates, RFID (Radio Frequency Identification), smart packaging and flexible devices. Graphene technology is a next generation big thing for the electronics market. It can be referred as any electronic device or product which uses graphene in their production process to produce graphene materials, graphene devices and products.

The major companies in the graphene technology ecosystem include Samsung Electronics Co. Ltd. (South Korea), Nokia Oyj (Finland), Sony Corp. (Japan), GrafTech International, Inc. (U.S.), Graphene Frontiers LLC (U.S.), CrayoNano (Norway), IBM (U.S.), AMD (U.S.), Lomiko Metals, Inc. (Canada),Quantum Materials Corporation (U.S.) and Grafen Chemical Industries Co. Ltd. (Turkey) are among others. 

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