Graphene Oxide Paste Market Size, Industry Analysis Report By type (powder, solution), By application (coating, ink) & Region – Forecasts By 2033
- PUBLISHED ON
- 1970-01-01
- NO OF PAGES
- 213
- CATEGORY
- Chemicals & Materials
Market- Overview
The global graphene oxide paste market was valued at USD 8.5 million in 2022, and it was projected to reach USD 15.8 million by 2033, growing at a CAGR of 12.9% during the forecast period.
The oxidized form of graphene, or graphene oxide, is a single-atomic layered substance that is created by thoroughly oxidizing graphite. Because it is easily dissolved in solvents and water, graphene production is simplified. Because of its luminous quality, it is employed in anti-bacterial products and applications for illness detection.
Staudenmaier, Hofmann, Brodie, and Hummers are the major four techniques used to create graphene oxide. It is employed in the production of super capacitors, biosensors, solar cells, batteries, and low permeability materials.
Report Scope
Report Attributes | Description |
Market Size in 2022 (Value) | USD 8.5 million |
Market Forecast in 2033 (Value) | USD 15.8 million |
CAGR % 2023-2031 | 12.9% |
Base Year | 2022 |
Historic Data | 2019-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Type and Application |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Timesnano, MSE Supplie LLC, Grafren AB, Merck, Graphenea, Sixonia Tech, Techinstro, Nanotech Energy, Inc. and Abalonyx.no, etc. |
The adoption of graphene oxides by various industrial industries is projected to cause the global demand for graphene oxide to increase at a faster rate in the upcoming years. For instance, the use of graphene oxide in lithium-ion batteries by the energy and electronics industries has led to increased graphene oxide market growth.
Regarding the graphene oxide paste market in Europe, Germany is anticipated to surpass all other countries by 2028, growing at a CAGR of over the forecast period of 2022–2028.
Other significant markets in APAC, such as Japan and South Korea, are expected to develop at rates of and, respectively, during the next six years.
Graphene Oxide Paste Market- Key Trends
Increasing the demand and helping the global graphene oxide market to boom will drive the market expansion
Since graphene oxide is the oxidized version of graphene, the production of graphene affects the price of graphene oxide. The majority of industries want to transition to renewable energy sources in light of the government's rigorous environmental rules. The demand for graphene oxide is rising, fueling the expansion of the global market for this lightweight, moldable material.
Higher demand of graphene oxide, thus resulting in the potential growth of the global graphene oxide market
In addition, by using graphene oxide, solar cells, lithium-ion batteries, and biosensors can all perform better and last longer. In the ensuing few years, the worldwide graphene oxide market may expand as a result of increased demand for graphene oxide. Desire for renewable energy sources has been rising steadily, which is fueling consumer demand for more affordable goods with higher throughput or efficiency.
Graphene Oxide Paste Market- Segmental Insights
Graphene oxide paste ink is a type of graphene-based material that has gained significant attention in recent years due to its unique properties, such as high electrical conductivity, mechanical strength, and chemical stability. The demand for graphene oxide paste ink is driven by its various applications, such as flexible electronics, energy storage, and printed circuit boards.
One of the key trends in the graphene oxide paste ink market is the increasing demand for flexible and wearable electronics, which are driving the development of new types of conductive inks that can be printed on flexible substrates. Graphene oxide paste ink is an ideal candidate for this application due to its excellent electrical conductivity, flexibility, and transparency.
Another trend in the graphene oxide paste ink market is the development of new methods for large-scale production of high-quality graphene oxide paste ink. Several companies are investing in research and development to develop cost-effective and scalable production methods for graphene oxide paste ink to meet the growing demand from various industries.
Additionally, the increasing focus on sustainability and environmental concerns has led to the development of eco-friendly graphene oxide paste ink formulations that use non-toxic solvents and reduce waste generation during the manufacturing process.
Overall, the graphene oxide paste ink market is expected to grow in the coming years due to the increasing demand for advanced materials with unique properties, ongoing research and development activities, and the emergence of new applications for graphene oxide paste ink
Graphene Oxide Paste Market- Regional Insights
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.
China is known to be a major market for graphene oxide paste due to the country's large electronics, energy storage, and automotive industries. The demand for graphene oxide paste in China is expected to grow significantly in the coming years due to ongoing research and development activities, increasing government support for the development of graphene-based materials, and the growing demand for advanced materials with unique properties.
In recent years, several companies in China have been involved in the production and supply of graphene oxide paste, such as The Sixth Element (Changzhou) Materials Technology Co. Ltd, Beijing Graphene Institute (BGI), XFNANO Materials Tech Co., Ltd, among others. The Chinese government has also provided significant funding and support for research and development in graphene-based materials, which has led to the growth of the graphene oxide paste market in China.
Graphene Oxide Paste Market- Competitive landscape
Some of the major companies operating within the market are listed below:
The Sixth Element (Changzhou) Materials Technology Co. Ltd: This company is one of the leading manufacturers of graphene oxide paste in China. The company has been focusing on expanding its product portfolio by developing new graphene-based materials for various applications, such as energy storage, composites, and biomedical devices.
XG Sciences Inc.: This US-based company is a leading supplier of graphene oxide paste and other graphene-based materials. The company has been focusing on partnerships and collaborations with other companies to expand its market presence and accelerate the development of new graphene-based products.
Graphenea S.A.: This Spanish-based company is a leading supplier of graphene oxide paste and other graphene-based materials. The company has been focusing on developing new production methods to improve the quality and consistency of its graphene oxide paste products.
ACS Material LLC: This US-based company is a leading supplier of graphene oxide paste and other advanced materials. The company has been focusing on expanding its product portfolio by offering customized solutions for various applications, such as energy storage, electronics, and sensors.
Nanjing XFNANO Materials Tech Co., Ltd.: This China-based company is a leading manufacturer of graphene oxide paste and other graphene-based materials. The company has been focusing on expanding its market presence by partnering with other companies and investing in research and development to develop new graphene-based products for various applications.
Graphene Oxide Paste Market- Segmental Assessment
By application
• Coating
• Ink
• Others
By Type
• Powder
• Solution
• Others
Companies
Timesnano
MSE Supplie LLC
Grafren AB
Merck
Graphenea
Sixonia Tech
Techinstro
Nanotech Energy, Inc.
Abalonyx.no, etc
By Region
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o France
o UK
o Italy
o Spain
o Russia
o Rest of Europe
· Asia Pacific
o China
o Japan
o India
o Australia
o South Korea
o ASEAN
o Rest of APAC
· South America
o Brazil
o Argentina
o Chile
o Rest of South America
· Middle East and Africa
o Saudi Arabia
o UAE
o South Africa
o Rest of MEA
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The global graphene oxide paste market was valued at USD 8.5 million in 2022, and it was projected to reach USD 15.8 million by 2033, growing at a CAGR of 12.9% during the forecast period.
What are the drivers shaping various markets?
Since graphene oxide is the oxidized version of graphene, the production of graphene affects the price of graphene oxide. The majority of industries want to transition to renewable energy sources in light of the government's rigorous environmental rules. The demand for graphene oxide is rising, fueling the expansion of the global market for this lightweight, moldable material.
Who are the key competitors of market Players?
Some of the major players operating within the market are Timesnano, MSE Supplie LLC, Grafren AB, Merck, Graphenea, Sixonia Tech, Techinstro, Nanotech Energy, Inc. and Abalonyx.no, etc.
What are the top performing segments, and countries / regions of each of the markets?
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America.
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