Graphene nanoplatelets have thickness of the 5 – 10 nanometers and sizes up to 50 microns. Graphene nanoparticles have short stacks of platelet-shaped graphene sheets identical to walls of carbon nanotubes in a planar form.
Major factors driving growth of the global graphene nanoplatelets market are increasing demand for light-weight composite materials from various industries and rising R&D activities. In addition, increasing number of partnerships between government and commercial manufacturers towards use of graphene nanoplatelets for various applications is expected to create lucrative opportunities for major manufacturers in the global graphene nanoplatelets market over the forecast period. Major factors hampering growth of the global graphene nanoplatelets market are high manufacturing cost and lack of mass production capacity.
The global market is segmented on the basis of application, and region. On the basis of application, the global market is segmented into composites, energy & power, conductive inks & coatings, and others. The composites segment accounts for highest share in terms of revenue in the global market. The energy & power segment is expected to witness highest growth over the forecast period.
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On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts for highest revenue share in the global market and is expected to maintain its dominance over the forecast period. This dominance can be attributed to early adoption of technology and presence of major manufacturers in this region. The Asia Pacific graphene nanoplatelets market is expected to witness highest growth over the forecast period.
Key players in the global market are CVD Equipment Corporation, Group NanoXplore Inc., Angstron Materials Inc., Applied Graphene Materials Inc., XG Sciences Inc., ACS Materials LLC, Xiamen Knano Graphene Technology Co. Ltd., Thomas Swan & Co. Ltd., Directa Plus PLC, Graphene Laboratories Inc., Haydale Graphene Industries Inc., Cambridge Nanosystems Ltd., Strem Chemicals, Inc., and other prominent players.