According to the recent research report titled ‘Global Graphene Market: Analysis By Type, Application, End-User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2017-2027), available with MarketStudyReport, global graphene market is expected to amass USD 1,192.49 million by the end of 2027.

Growing purchasing capacity, increasing R&D initiatives, mounting large-scale graphene production from renewable sources, and rising consumer electronics demand like mobile phones and tablets are likely to propel the global graphene market growth.

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The strongest, thinnest, and most thermally and electrically conductive material in the world is to be graphene. As graphene has the potential to revolutionize numerous industries related to sensors, electricity, energy generation, conductivity, batteries, and more, all these characteristics are of great interest to researchers and businesses around the world, thus contributing towards the overall market expansion.

However, the COVID-19 pandemic had caused a slowdown in global graphene market growth in 2020. In order to stop the virus from spreading, businesses were forced closed their operations and production facilities, which led to a decline in the use of graphene in the industrial aerospace, electronics, automotive, and other sectors.

Despite this, the development of graphene technology and its applications increased significantly during COVID-19 as a result of its superior conductivity, antibacterial, flexibility, and antiviral potency. Protective gear, medication delivery systems, biosensors, and therapeutic systems based on graphene are being developed to combat COVID-19 outbreak as well.

On the basis of graphene type, the global graphene market space is divided into bulk graphene, and monolayer graphene. In terms of application scope, the market is segregated into composites, coatings and adhesives, batteries and energy, and others. By end-user reach, the market is bifurcated into energy storage, aerospace and automotive, electronic devices, materials, and others.

The regional landscape of global graphene industry vertical spans the Americas, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific graphene market is anticipated to accrue modest gains by the year 2027, owing to growing purchasing power, continuous R&D initiatives, and mounting large-scale graphene production from renewable sources

The leading companies of global graphene marketspace are Versarien plc., Directa Plus, Nanoxplore, Haydale, First Graphene, G6 Materials, CVD Equipment Corporation, China Carbon Graphite Group, Applied Graphene Materials plc., and Graphenea.