Market Size of Graphene Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.79 Billion |
| Market Size (2029) | USD 4.84 Billion |
| CAGR (2024 - 2029) | 43.64 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Graphene Market Analysis
The Graphene Market size is estimated at USD 0.79 billion in 2024, and is expected to reach USD 4.84 billion by 2029, growing at a CAGR of 43.64% during the forecast period (2024-2029).
COVID-19 negatively impacted the market in 2020 and 2021. The resumption of operations in major end-user industries significantly recovered in 2022.
- Over the medium term, graphene aiding the aerospace industry and rising demand for printed electronics are expected to drive the market.
- However, the drawbacks associated with graphene hinder the market's growth.
- The development of graphene nanodevices for DNA sequencing and the adoption of graphene into photodetectors are expected to act as opportunities for the market studied.
- The Asia-Pacific region has the highest market share and is expected to dominate the graphene market during the forecast period.
