Graphene is an atomic-scale material made of a single layer of carbon atoms. Graphene has excellent mechanical, electronic, chemical, magnetic, and optical properties, making graphene material a severe alternative to replace conventional materials like silicone and copper for different applications. Graphene has wide applications in microelectronics such as LED lighting and mobile devices, energy storage like batteries and supercapacitors, solar panels, anti-corrosion coatings and paints, and drug delivery, among others. According to BlueQuark Research & Consulting, the global Graphene market is expected to witness a rapid growth rate during the forecast period. The major factors responsible for the development of the global graphene market are increasing demand for flexible, lightweight, and strong materials with a long life span, an increase in graphene applications, and increasing research and development. Currently, around 200 players in the global market produce Graphene at commercial levels. Apart from these, several start-ups or small-scale producers are aiming to reach the retail level of graphene production in the forecasted period.

Graphene is a promising material that can transform everything, from determining to car tires and solar cells to smoke detectors. Graphene is an incredibly various material and can be combined with other elements, both gases, and metals, to manufacture different materials with superior properties. Graphene and sensors form a natural combination owing to the large surface-to-volume ratio of Graphene. Sensors are worn in a vast range of applications in day-to-day life and are usually made up of silicon. Given recent ongoing research, Graphene appears as an ideal material for sensors due to its excellent sensing ability. When exposed to the environment, every atom in Graphene can sense changes in its surroundings, and this potential has led to the incorporation of Graphene in different types of sensors like gas sensors, biosensors, temperature sensors, and many more. Graphene's ultra-thin flexible biosensors can be merged into packages as data carriers for producers, retailers, and consumers. Due to increased globalization, the movement and shelf life of food products has been increased manifold. The food supply chain needs new approaches and systems for intelligent packaging to assure food safety and quality. Graphene innovative food packaging has the ability to detect atmospheric variations caused by decaying food, and it can dramatically cut down on inessential food wastage, and at the same time, it helps prevent illnesses. Graphene sensors can also be lighter, smaller, and less costly than the traditional sensor. On October 2019, Tetra Pak, research and growth of the Company in the packaging industry, joined the European Commission Graphene Flagship established as the exclusive representative from the packaging industry to explore possible future Graphene applications in food beverage manufacturing.

Graphene shows vast possibilities in medicine, like in medical devices, drug delivery, and DNA sequencing. Most of the graphene technological patents in biomedicals research are in cancer due to the worldwide increase in cancer prevalence and mortality. According to the World Health Organizations, cancer is the second leading cause of death globally and was responsible for approximately 9.6 million deaths in 2018. Most cancer treatment kills healthy cells and affected cells which can be avoided with targeted drug delivery with Graphene. Graphene offers promising potential to be utilized as a drug delivery agent in cancer treatment owing to its 2D structure and elevated specific surface area. The Centre for Organelle Research, Germany, is carrying out a research project to investigate Graphene as a drug bearer for the treatment of cancer and make use of cell models from leukemia and colorectal cancer. Intensive research has also appeared that medical devices with layered graphene casings show antibacterial properties. This, in turn, is increasing the investigation of Graphene as an antibacterial preventive surface after surgical implants.

On June 2020, researchers at the Massachusetts Institute of Technology evolved a new roll-to-roll manufacturing process for large sheets of high-quality Graphene. This process could induce flexible solar cells, ultra-lightweight, and new classes of light-emitting devices and other thin-film electronics. In June 2020, a researcher from the University of Houston & Texas A&M University described a structural supercapacitor electrode made of decreased graphene oxide and aramid nanofiber that is reportedly stronger and more versatile than common carbon-based electrodes. In 2020, the global's first-ever graphene-applied lead-acid battery was set to mass production in Sri Lanka with the commissioning of Ceylon Graphene Technologies' latest plant to convert locally mined vein graphite into Graphene. CGT is a joint venture between the Sri Lanka Institute of Nanotechnology (SLINTEC) and the LOLC Group. CGT is predicting to commission the plant in April. Graphical SAS, France, has developed a new generation of dressings by integrating an embedded electronic biosensor. The Graphical device consists of monolayer graphene on a polymer layer that is 0.3 nanometers thick. This noninvasive implanted device collects data from the wound and the wireless e-health wound monitoring system, or intelligent patch, remotely reports the status of chronic injuries to the care team.

The global graphene market is consolidated based on type and application. The type segment is further fragmented as Graphene Nanosheets, Graphene Oxide, and others. The application fragment is further segmented as Composites, Electronics, Energy Storage, Paints & Coatings, Lubricants, etc. Graphene has very rapidly moved from research laboratories to the marketplace in electronics. It is due to the remarkable electronic characteristics of Graphene, with an extraordinarily high charge carrier mobility and conductivity. Graphene has an extensive variety of applications in the electronics industry that is predicted to replace silicon and copper, the most widely worn elements in electronics, soon.

Graphene is anticipated to be an integral part of the phone and tablet sector in the form of leading touch screens and batteries. The last decade has seen an excellent evolution in smartphones' functionality and applications, making them an integral part of daily life. The number of smartphone users is surging rapidly globally, and according to a recent global study, the estimated number of smartphone users is expected to reach about 3 billion in 2020. While chip and operating systems in smartphones are fetching more efficiently each year to save power, the batteries have not been the latest in a very long time. To use all the features present in smartphones, there is a demand for longer battery life and fast charging. Research has exhibited that graphene batteries in the phone can enhance energy storage and speed up charging significantly. One of the primary crucial players in the smartphone market, Samsung is a leading graphene technology developer. The Company is planning to initiate a graphene battery smartphone in the year 2021, a Graphene-based touch screen foldable phone, by the termination of 2025. The graphene battery will be up to charge in less than half an hour fully, and the phone will be able to decrease to a quarter of its original size after folding. Graphene-based headphones were previously in the market with better frequency response contrast to other pairs of commercial headphones available.

Based on geography, the global graphene market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Asia-Pacific and North American regions are awaited to continue to dominate the market in the forecasted period. The US and China are projected to maintain their dominance in both the manufacture and consumption of Graphene during the forecasted period.

Europe is anticipated to be the most dominant region due to vital investments by the government in the research and growth of Graphene and related technology. The UK is a highly developed nation in the European region and invests a large sum of money in research and development. The UK government has put examination and innovation at the heart of its industrial policy by setting an ambition to become the most creative country globally and increase its total R&D expenditure to 2.4% of real GDP by 2027. In 2018, Research England's United Kingdom Research Partnership Investment Fund funded the GBP 60 million Graphene Engineering Innovation Central at the University of Manchester. The center will see industry-led expansion in graphene applications in partnership with academics. The United Kingdom has every time been a global leader in research on Graphene. Later, it was inaccessible at the University of Manchester in 2004 and is funding various research institutes and organization for graphene research and innovation.

UK's world-leading position in Graphene and related 2-D materials research is maintained by continuous innovations. In case, researchers from the University of Manchester at the National Graphene Institute demonstrated the first all inkjet-printed graphene e-textiles in 2017. Similarly, a researcher at Exeter University is progressing a pioneering technique that enables graphene fibers to be woven into clothing to create intelligent textiles. Smart textiles have the ability to be used in a wide variety type of healthcare monitoring applications. The presence of solid research and development capabilities is expected to develop new growth chances in the country over the years to come. Graphene finds an important role in advanced electronics such as smartphones, making the UK ideal for new products established. The country comes in the top ten smartphone users globally, with around 94% of the country's total population having a smartphone. Samsung is the 2nd-largest brand in the country and the first for Graphene examination and development. Graphene-based innovations initiated by smartphone companies in the future will hold a considerable marketplace in the country.

Furthermore, in recent years the UK has been shifting towards a renewable source of energy like wind farms, which are the most influential source of renewable energy for the country and supply 20% of the total electricity. Graphene has shown anticorrosive properties that can protect against oxidation and rusting of metal blades. Adding Graphene to the epoxy composite materials raises the strength of the wind blades to a sizeable magnitude as the two-dimensional structure of graphene sheets is higher in deflecting cracks. In front of a 2025 ban on coal plants, the country will embellish more dependent on renewable energy sources, which will lead to the development of graphene coating commercially. Together with the ongoing examination in the field, there is a launch of the graphene outcome in the market as well. In 2017, Graphene paint came to the United Kingdom market that enhances the thermal regulation of buildings, saving energy by requisite less heating and air conditioning. Moreover, the government is also trying new demands for Graphene in the country. In November 2019, an Oxfordshire village threw the first UK trial of a graphene-based wonder material designed to prevent cracks from forming. The surfacing product combines Graphene with reused asphalt and is less likely to soften in the heat and crack up in colder temperatures.

Some of the market key players are Global Graphene Group, Applied Graphene Materials Plc, The Sixth Element (Changzhou) Materials Technology Co., Ltd., XG Science, Inc., and Perpetuus Advanced Materials Plc. The companies in demand are focusing on surging the overall production capacity to meet the growing demand for Graphene.

In Jun 2020, Applied Graphene signed an exclusive distribution agreement with Dichem Polymers that will give it access to Greece's polymers and coatings markets.

On Apr 2020, Graphene Flagship partners CIC nanoGUNE and Graphenea, simultaneously with start-up accelerator BerriUP, launched a new funding program to foster the making of graphene-related businesses.

In January 2020, the United States Real Graphene company announced that they are assembling to enter the market with graphene-enhanced batteries. The batteries produced by the Real Graphene company are expected to be the evolution of the lithium batteries worn in smartphones presently.

In January 2020, Graphene 3D Lab Inc. declared that on January 23, 2020, the Company would be replacing its name with G6 Materials Corp. The Company has already expanded graphene additives for laminated carbon fiber and fiberglass composites.

Our Global Graphene Market research report provides deep insight into the current and future state of the Graphene Market across various regions. The study comprehensively analyzes the Graphene Market by segments based on Type (Graphene Oxide, Graphene Nanosheets, and Others), Application (Composites, Paints & Coatings, Electronics, Energy Storage, Lubricants, and Others), and Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on market growth, in detail. The study covers & includes emerging market trends, market developments, market opportunities, market analysis, market dynamics, global graphene market size, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market share and projects.