The scope of our recent study on the "Graphene Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type and Application" consists of the factors fueling market growth, revenue estimation, and market share analysis. It also includes the identification of significant market players and their key developments.

The graphene market is projected to grow from US$ 821.2 million in 2021 to US$ 7,555.8 million by 2028; it is expected to grow at a CAGR of 37.3% from 2021 to 2028.

Graphene is an allotrope of carbon atoms available in the form of a single layer or multilayer. The carbon atoms of graphene are arranged in a hexagonal manner.

By type, the graphene market is segmented into monolayer and bilayer, graphene nano-platelets, graphene oxide, and others. The monolayer and bilayer segment held the largest market share in 2020 due to the rising integration of monolayer and bilayer graphene in the industries. It provides excellent mechanical strength & electrical conductivity and has high electronic mobility. Therefore, the segment finds applications in many areas such as membranes, coatings, sensors, photocatalysis, and solar cells.

The global graphene market is further segmented into five main regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2020, Asia Pacific had the largest share in the graphene market. The continued growth in graphene consumption due to the rise in industrialization, coupled with large-scale manufacturing, is fueling the graphene market growth. The rising electronics production by some major players of the electronics industry in the region is also driving the graphene market in Asia Pacific.

Impact of the COVID-19 Pandemic on Graphene Market

The global economy was hit hard due to the COVID-19 pandemic. Governments of various regions had taken possible steps to restrict the spread of SARS-CoV-2 by announcing country-wide lockdowns, which directly impacted the growth of industrial sectors. Many electronics and paints & coatings manufacturers faced challenges procuring graphene. Moreover, supply constraints have significantly raised the costs of graphene. The COVID-19 pandemic had significantly impacted manufacturing industries across the globe, with a huge decline in the production process. However, the market has recovered due to the rising demand for graphene.

The "Global Graphene Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a special focus on global market trend analysis. The report aims to provide an overview of the graphene market. The market is segmented on the basis of type, application, and geography. Based on type, the global graphene market is segmented into monolayer and bilayer, graphene nano-platelets, graphene oxide, and others. Based on application, the market is further segmented into composites; functional inks, paints and coatings; energy storage; electronics; polymer additives; RFID; and others. By geography, the graphene market is segmented into five main regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.

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