The Asia Pacific graphene market size is projected to grow with a CAGR of 34.8% during the forecast period. Graphene has electrical conductivity properties owing to its increased demand from the electrical & electronics industry. Therefore, the material is anticipated to contribute to its growing application in touchscreen displays, light-emitting diodes, and electronic transistors. Fortune Business Insights™ shares this information in its report titled “Asia PacificGraphene Market, 2025-2032.”

Segments

On the basis of product, the market is segmented into Graphene Oxide (GO), Graphene Nanoplatelets (GNP), and others.

Based on end-use industry, the market is segmented into electronics, aerospace & defense, automotive, energy, and others.

Geographically, the market is segmented into China, India, Japan, South Korea, and the Rest of Asia Pacific.

Report Coverage

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market’s key players.

Drivers and Restraints

Growing Adoption in the Electrical & Electronics Industryto Drive Market Trajectory

Growing adoption of graphene in the electrical & electronics industry is expected to drive the Asia Pacific graphene market growth. Graphene has exceptional electrical conductivity and high thermal properties due to the electrons found. Due to this, the speed is more when an electric field is applied. Due to such properties, graphene has increasing demand in the electronics industry. Growing demand for touchscreen technologies and products is set to drive the market growth.

However, according to various studies, nanoparticles of graphene oxide found in the lakes and rivers are anticipated to hinder market development.

Competitive Landscape

Lucrative Product Offerings and Effective R&D Investmentsto Drive Market Share

The key market players are Platonic Nanotech, Miraculum Graphene Pvt. Ltd., Xiamen Knano Graphene Technology Corporation Limited, NeoGraf Solutions, and Applied Graphene Materials are the leading players in the Asia Pacific graphene market share. They hold a strong presence due to its product offerings and effective R&D investments to accelerate product launches during the forecast period. In July 2021, AGM introduced a new series of eco-friendly GNP dispersions which enables coatings, paints, and composite material consumers to have sustainability in their various product formulations.

Key Industry Development

  • November 2021: NeoGraf Solutions under the Graf-X brand, started to produce graphite (GNP) materials. The company can produce about 750 metric tonnes of GNP material yearly. Company’s precursors (GP) amounts to about 1,300 tonnes are made of graphite and have the ability to transform graphite materials efficiently.

List of Key Players Profiled in the Report

  • AdNano Technologies Pvt Ltd, (India)
  • Miraculum Graphene Pvt. Ltd (India)
  • Platonic Nanotech (India)
  • Carborundum Universal Limited (India)
  • China Carbon Graphite Inc. (Royal Elite New Energy Science & Technology (Shanghai) Co. Ltd) (China)
  • Applied Graphene Materials (U.K.)
  • NeoGraf Solutions (U.S.)
  • Xiamen Knano Graphene Technology Corporation Limited (China)

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