Graphene Nanocomposites Industry Size, Share, Demand & Growth by 2031
The global graphene nanocomposites market is estimated to have a year-on-year growth with
a 37.0% growth rate in 2022, surpassing a valuation of US$ 2,796.7 Million by 2031. An
opulent CAGR of 32.5% is projected to drive sales throughout the forecast period of 20212031.
Future Market Insights presents a half-yearly growth comparison between previous
projections and the current estimations. Owing to an array of industrial and innovation factors
including research and development expenditure, and nanotechnology sector
commercialization, advancement in the industrial sector is estimated to boost the growth
outlook of the market.
The applications of graphene nanocomposites are multipurpose and used in diverse industries
including medical, biomedical and energy storage segments. As per the FMI analysis sales in
the graphene nanocomposites market represented 4.5% of the global nanocomposites market
in 2020.
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Key Takeaways

The rising demand for graphene oxide for diverse applications in medical and
biotechnology for cancer biological therapy, cellular imaging and drug delivery are
anticipated to push sales in the market.

Owing to the growing demand in electronics, optics, medicine and biotechnology for
cellular imaging, cancer therapy and drug delivery, sales prospects of graphene
nanocomposites continue to bolster during the projected years.

The primary reasons attributing to the increment in the growth rate incorporates
substantial demand for semiconductors, higher demand for electronic items, an
adaptation of nanotechnology in healthcare and other end-use industries, etc.

A reasonable increase in the sales of graphene nanoplatelets is witnessed due to the
enhanced properties of polymeric materials. Backed by such attributes continues to
accelerate market expansion over the projection period.

In order to be in charge, graphene nanocomposites have proved to be effective owing
to their significant surface area, high stability, strong charge carrier mobility, and high
conductivity.

Countries like the US, China and South Korea are contributing significantly to driving
sales of graphene nanocomposites with an impressive CAGR of 30.5% between 2018
and 2020. These countries are estimated to contribute to the market sales throughout
the forecast period.
Competitive Landscape
Versarien Plc, Haydale Graphene Industries Plc, Graphenea S.A, Applied Graphene Materials
PLC, Taiwan Graphene Co., Ltd., Ningbo Moxi Technology Co., Ltd, Graphene Tech, S.L.,
XG Sciences Inc., NanoXplore, Inc, Directa Plus Plc, Aztrong Inc. are some of the key
companies profiled in the full version of the report.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
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Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
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