Graphene Market size is expected to gain momentum by reaching USD 2,864.1 million by 2027 while
exhibiting an astounding CAGR of 39% between 2020 and 2027. This is attributable to the increasing
demand for sustainability solutions and the rising aviation sectors across the globe.
Fortune Business Insights, in its latest report, titled, “Graphene Market Size, Share & COVID-19 Impact
Analysis, By Product (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Others), By End-Use
(Electronics, Aerospace & Defense, Automotive, Energy, Others), and Geography Forecast, 2020-
2027.” The report further mentions that the market stood at USD 225.1 million in 2019 and is projected
to rise in the forthcoming years.
Increasing Adoption of Graphene Products amid COVID-19 to Favor Growth
The novel coronavirus has led to disruptions amongst several global economies owing to a complete halt
in operations and activities to contain the spread of the disease. There has been a spike in the demand
for antibody-conjugated graphene sheets that accurately detect the virus and are adopted for population
screening. Owing to multiple benefits provided by the product, it is being extensively adopted across
several industrial applications that are expected to contribute to the growth of the market.
Graphene is primarily a single layer of carbon atoms that are tightly bound in a hexagonal honeycomb
mesh. They are widely adopted in several industrial applications such as automotive, energy & power,
and aerospace. They further posses several attributes such as light-weight, high tensile strength, and
good conductor of heat. Additionally, they provide sustainable solutions to an array of applications that
propels their demand across several industries globally.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key
drivers and restraints that will affect market growth. In addition to this, the report provides insights into
the regional analysis and discuss