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According to a new report by EMR titled, ‘Global Graphene Nanoplatelets Market Report and Forecast 2021-2026’, the global graphene nanoplatelets market reached a value of USD 44.9 million in 2020. The industry is further expected to grow at a CAGR of 37.2% in the forecast period of 2021-2026 to reach a value of around USD 302.3 million by 2026.
Due to the wide range of uses of graphene nanoplatelets in many areas such as aerospace, telecommunications, medical, and energy storage and generation, graphene nanoplatelets are likely to see a significant growth in demand. Transparent conductive sheets for various supercapacitors, flexible electronic devices, tablets, optoelectronic devices, and medical equipment are all made using graphene oxide. Superior product features such as electrical conductivity, flexibility, high thermal and permeability, and power are driving demand and increasing adoption of graphene nanoplatelets in electrical and electronics for conductive inks, anti-electromagnetic interference coatings, and conductive circuits for LED back panels, all of which are expected to grow the market size. Graphene nanoparticles used in lithium-ion batteries to improve the life and charge capacity of the battery will increase the demand for graphene nanoplatelets soon. The growing demand for more efficient and strong weapons in the defence sector has triggered the market of graphene nanoplatelets. Growing demand for strong and lightweight sports equipment also acts as a market driver for graphene nanoplatelets. The use of graphene nanoplatelets as fillers in polymer matrices has boosted the global market of graphene nanoplatelets.
Market Analysis by Application and Regions:
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The major players in the global graphene nanoplatelets industry are XG Sciences, Inc., ACS Material, LLC, Swan Chemical Inc., Directa Plus S.p.A, Haydale Limited, and Applied Graphene Materials plc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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