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The mass production of high-quality and defect-free graphene is still a restraint for all graphene manufacturers.
April 5, 2024
By: DAVID SAVASTANO
MarketsandMarkets new report, “Graphene Market by Type (Bulk, Monolayer), Application (Composites, Paints, Energy Storage, Electronics, Catalyst and Tire), End-use Industry (Automotive, Aerospace, Electronics, Military and Construction) and Region – Global Forecast to 2025,” estimates that the global graphene market size is expected to grow from USD $620 million in 2020 to USD $1,479 million by 2025, at a CAGR of 19% during the forecast period. Graphene is being used in the automotive and transportation, aerospace, electronics, military and defense and other end-use industries. The increasing use of graphene-based composites materials in the automotive and transportation industry is expected to drive the demand. The mass production of high-quality and defect-free graphene is still a restraint for all graphene manufacturers as the manufacturing process of graphene is cost-intensive and time-consuming. Maintaining the quality and up scaling the graphene production at the same time are difficult.Â
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