Wednesday, July 3, 2013

MarketResearchReports: World Market for Graphene to 2017


Graphene has moved swiftly from the research laboratory to the marketplace, driven by demand from markets where advanced materials are required. These include the aerospace, automotive, coatings, electronics, energy storage, coatings and paints, communications, sensor, solar, oil, and lubricant sectors.

The exceptional electron and thermal transport, mechanical properties, barrier properties and high specific surface area of graphene and combinations thereof make it a potentially disruptive technology across a raft of industries. In 2010, there were over 400 patents issued on graphene and South Korea is set to spend $300million on commercialization initiatives. 


Applications are coming onto the market for polymer composites and EMI shielding coatings. Graphene-based conducting inks are also finding their way into smart cards and radio-frequency identification tags. Within the past 18 months demand has increased by anywhere between 4,000-10,000% for these materials; although from a relatively low base.

Many of the current and potential applications of carbon nanotubes may be taken by graphene as it displays enhanced properties but with greater ease of production and handling. In this regard, carbon nanotubes may be viewed as a stalking horse for commercial applications of graphene. However, in an interesting development, using carbon nanotubes and graphene in combination shows great promise, allowing for greater consistency and higher concentrations of these materials in the end product. 

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Most graphene producers currently produce graphene nanoplatelets and graphene oxide and plan to scale-up production considerably over the next 18 months. Producers are generally small, start-up companies who have witnessed an explosion in demand for their materials from a variety of industries. Companies such as IBM and Samsung are pursuing applications for graphene in electronics and optics, which are likely only to be realized in the medium to long-term. 


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