3D Graphene Market to Garner $39.1 Million, Globally, By 2031 at 31.6% CAGR, Says Allied Market Research

Rhea-AI Summary

The global 3D graphene market is projected to grow from $2.5 million in 2021 to $39.1 million by 2031, at a CAGR of 31.6% (2022-2031). This growth is driven by increased demand in the electronics and energy sectors, particularly for consumer electronics. The energy storage segment alone accounted for over 40% of the market share in 2021 and is expected to grow at a faster rate of 31.86%. However, challenges such as graphene's toxic nature and high production costs may impede growth. The Asia-Pacific region is anticipated to dominate the market by 2031, with China leading due to its advanced electronic sector.

Positive

• Market expected to grow from $2.5 million in 2021 to $39.1 million by 2031.
• Projected CAGR of 31.6% from 2022 to 2031.
• Energy storage segment holds over 40% market share in 2021 and fastest projected growth of 31.86%.
• Asia-Pacific region set to dominate market revenue, driven by China's electronic sector.

Negative

• High production costs of graphene could restrict market growth.
• Graphene's toxic nature poses health risks during production.

The rise in the demand for graphene in the electronics sector, the surge in the use of graphene in the energy industry, and the rising consumer electronics demand such as tablets and mobile phones drive the global 3D graphene market.

PORTLAND, Ore., March 31, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "3D Graphene Market by Application (Composites, Sensors, Energy storage, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global 3D graphene industry generated $2.5 million in 2021 and is expected to generate $39.1 million by 2031, witnessing a CAGR of 31.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/54145

Drivers, Restraints, and Opportunities

The rise in the demand for graphene in the electronics sector owing to its excellent electrical mobility and permeability, the surge in the use of graphene in the energy industry, the increasing purchasing power of consumers and the rising consumer demand for electronic products, such as tablets and mobile phones drive the global 3D graphene market. However, the toxic nature of graphene, risks involved in the graphene production, and the high production cost of graphene restrain the market growth. Moreover, the increased usage of 3D graphene in the healthcare sector will present new growth opportunities for the global 3D graphene market in the coming years. 

Covid-19 Scenario:

• The COVID-19 outbreak had a negative impact on the 3D graphene market, as graphene is mainly used in batteries, cell phones, and automotive industries, and these industries witnessed a sudden decline in growth during the pandemic period.
• The demand for products hampered because the production was halted owing to the lockdown imposed by governments of various countries. Hence the massive drop in the graphene demand was witnessed in 2020 and 2021.
• 3D graphene is widely used in electronic, automotive, and other sectors. These industries gained momentum and started their production process smoothly. Hence, the demand for 3D graphene increased post COVID.

The energy storage segment to grab lion's share during the forecast period

In terms of application, the energy storage segment contributed to the largest share of more than two-fifths of the global 3D graphene market in 2021 and is expected to maintain its leadership in terms of revenue during the forecast period. Also, the same segment is projected to witness a fastest CAGR of 31.86% from 2022 to 2031. The growth is attributed to the properties of 3D graphene like high conductivity, high resistance, and others. The report also discusses composites, sensors, and others segments.

Procure Complete Report (240 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3G7AWSB

Asia-Pacific to achieve the largest revenue by 2031

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2021, accounting for nearly two-fifths of the global 3D graphene market and is likely to dominate the market during the forecast period. The same region would portray the highest CAGR of 31.9% from 2022 to 2031. This is due to the highly developed electronic sector in China and the continuous investments done in the region through the years to advance the electronic sector. The report also analyzes markets in North America, Europe, and LAMEA regions.

Leading Market Players

• Integrated Graphene Ltd.
• Ultrananotech Private Limited.
• Graphex Group
• NANOCHEMAZONE
• G6 Materials Corp.
• AMERICAN ELEMENTS
• ACS Material
• Nano Dimension
• Lyten, Inc.
• CVD Equipment Corporation

The report analyzes these key players in the global 3D graphene market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report helps determine the business performance, operating segments, developments, and product portfolios of every market player.

Want to Access the Statistical Data and Graphs, Key Players' Strategies:

https://www.alliedmarketresearch.com/3d-graphene-market/purchase-options

Similar Reports:

Graphene Market: Global Opportunity Analysis and Industry Forecast, 2020-2030

Graphene Composites Market: Global Opportunity Analysis and Industry Forecast 2020-2027

Graphene Coatings Market: Global Opportunity Analysis and Industry Forecast, 2021-2031

Advanced Composites Market: Global Opportunity Analysis and Industry Forecast, 2021-2031

Graphene Oxide Market: Global Opportunity Analysis and Industry Forecast 2023-2030

Graphene Nanocomposites Market: Global Opportunity Analysis and Industry Forecast, 2020-2030

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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SOURCE Allied Market Research

FAQ

What is the projected growth of the global 3D graphene market by 2031?

The global 3D graphene market is projected to grow from $2.5 million in 2021 to $39.1 million by 2031.

What factors are driving the demand for 3D graphene in the market?

The demand is driven by its applications in the electronics and energy sectors, especially in consumer electronics like tablets and mobile phones.

Which application segment is expected to lead the 3D graphene market?

The energy storage segment is expected to lead, contributing the largest share in 2021 and projecting the fastest CAGR of 31.86%.

Which region is anticipated to dominate the 3D graphene market by 2031?

The Asia-Pacific region is anticipated to dominate the market revenue by 2031.

What challenges are facing the growth of the 3D graphene market?

Challenges include the high production costs of graphene and its toxic nature.