Graphene Market worth $2.94 billion by 2029, at a CAGR of

From GlobeNewswire: 2025-04-22 04:00:00

The global Graphene Market is set to grow from $1.00 billion in 2024 to $2.94 billion by 2029, with a projected CAGR of 24.0%. The demand for graphene is increasing across industries like electronics, automotive, aerospace, and construction due to its diverse applications and technological advancements in manufacturing processes.

Key players in the Graphene Market include Graphenea S.A, First Graphene, NanoXplore Inc, and others. Drivers of market growth include demand in key industries, while challenges include difficulty in mass production and lack of standardization in the industry.

Asia Pacific is expected to lead the Graphene Market, with China, Japan, India, South Korea, and Rest of Asia Pacific accounting for the largest market share. The region boasts top graphene manufacturers like The Sixth Element (Changzhou) Materials Technology Co., Ltd. and Xiamen Knano Graphene Technology Co., Ltd.

NanoXplore Inc. is a major player in the Graphene Market, specializing in powdered graphene products for industries like electronics, transportation, and packaging. The company has a significant production capacity of 4,000 metric tons annually and exports products to various countries.

The Sixth Element (Changzhou) Materials Technology Co., Ltd. is a leading global manufacturer of graphene, graphene oxide, and composites. Their products are used in applications like paints, coatings, and composite materials, with subsidiary Wuxi Graphene Film offering CVD-based graphene film products.

Bulk Graphene is expected to be the fastest-growing segment in the market, with applications in industries like aerospace and construction. The market is also driven by the demand for graphite in consumer electronics, particularly for lithium-ion batteries in products like smartphones and laptops.



Read more at GlobeNewswire: Graphene Market worth $2.94 billion by 2029, at a CAGR of