May 4, 2020
Graphene Nanocomposites Market Sales, Share, Growth and Forecast 2027
Graphene Nanocomposites Market: Overview
- Graphene nanocomposites are an amalgamation of graphene in polymer matrix. They are used in many industries such as aerospace, electronics, energy, structural and mechanical, environment, and food & beverage.
- The manufacturing process of graphene nanocomposites includes solution blending, melt mixing, and in-situ polymerization. With the addition of graphene into the polymer matrix, the nanocomposite offers higher conductivity, thus making it suitable for electrical applications. Addition of graphene improves strength, fracture toughness, and fatigue strength of the resulting nanocomposite.
Key Drivers of Graphene Nanocomposites Market
- Attributes of graphene such as high electron mobility, stiffness, and exceptional thermal conductivity have led to an increase in number of research & development activities across the globe. Also, graphene can be used in the nanocomposites field in research of various sectors. Rise in its applications is encouraging companies and governments of various nations across the globe to invest in graphene nanocomposites. Research is being carried out to synthesize graphene on a large scale in order to cater to the needs of various industries including the composite industry. The usage of graphene in the composite industry has been significantly transforming the global market for the production of graphene nanocomposite materials.
High Cost of Production and Lack of Awareness about Graphene Nanocomposites to Hamper Market
- High cost of material manufacturing and lack of availability of production techniques are expected to hamper the market in the near future. Additionally, high cost of technology and presence of patent protection are anticipated to adversely affect the global graphene nanocomposite market.
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Key Players in Graphene Nanocomposites Market
The global graphene nanocomposites market is at the nascent stage. Therefore, it is highly consolidated. Key players operating in the global graphene nanocomposites market include:
- Haydale Graphene Industries Plc
- Versarien Plc
- Applied Graphene Materials plc
- Taiwan Graphene Co., Ltd.
- NanoXplore Inc.
- Talga Resources Ltd
- Others
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