2-D tech
(U.K.), Abalonyx AS (Norway), ACS materials (U.S.), Planar Tech (U.S.), Garmor
(U.S.), Thomas-swan (U.K.), Nitronix (U.S.), BASF SE (Germany), and XG
Sciences, Inc. (U.S.) among others are some of the prominent players profiled
in MRFR Analysis and are at the forefront of competition in the Global 2D
Materials Market.
2D
Materials Global Market - Overview
The global
2D materials market is showing immense growth; mainly due to the growing need
for automation. The major growth driver of 2D materials market includes growing
semiconductor and manufacturing industries and rising demand for quality driven
products. Also rising need for automation in the industrial sectors and low
hardware cost among others are other major factors driving the growth of 2D
materials market. 2D materials are crystalline and consist a single layer of
atoms. They can generally be categorized into either 2D allotropes of various
elements and possess properties such as conductivity of heat and electricity,
corrosion resistance, optically transparent, and flexibility. These properties
makes 2D materials ideal for usage in electronics and semiconductor industries.
According to
a recent study report published by Market Research Future, The global market of
2D materials is booming and expected to gain prominence over the forecast
period. The market is projected to demonstrate a spectacular growth by 2027
with a striking CAGR during the anticipated period (2017 – 2027). Graphene is
the widely used 2D material due to its extensive range of applications in various
sectors and is expected to hold the largest share of the 2D Materials market
for materials segment. Whereas, automobile and electronics sub segments
in the end user 2D materials market are expected to show major growth during
the forecast period. This is owing to the rise in use of 2D materials in
automobile, airplanes, and electronics industries to lower manufacturing cost
and time is the major factor driving the growth of 2D materials market.
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Industry
News:
December
2017 – Graphene-based wearable textile close to commercialisation. ACS Nano
says the method could allow the Graphene textiles to be produced at rates 150
metres per minute.
November
2017 – Thomas Swan has developed prototype of Graphene-reinforced carbon
fiber composite. Initial independent testing with unidirectional carbon fibers
reportedly gave very encouraging results. This prototype was prepared by
working collaboratively with an established and experienced third party.2D
Materials Global Market - Competitive Analysis
The market
for 2D materials
appears to be highly competitive. To maintain their market position and to
drive the market growth, various dynamic and diversified international
organizations, domestic organizations and as well as new entrants form a
competitive landscape. Market leaders are innovating continuously and
increasingly seeking market expansion through various strategic mergers and
acquisitions, innovation, increasing investments in research and development
and cost-effective product portfolio. Major players are investing on internal
R&D and, most of all, in acquiring other firms.
2D
Materials Global Market - Segmentation
The 2D
materials market can be classified into 3 key segments for the convenience of
the report and enhanced understanding;
Segmentation
by Material: Comprises of Graphene, TMDCs, black phosphorus, and Boron nitride
among others
Segmentation
by Application: Comprises of Semiconductor, aerospace, consumer electronics,
healthcare, and energy among others
Segmentation
by Region: Comprises of Geographical regions - North America, Europe, Asia
Pacific and Rest of the World.
2D
Materials Global Market - Regional Analysis
North
America is expected to witness a significant growth and hold the largest market
share during the forecast period. U.S and Canada are anticipated to drive the
growth of the 2D materials market in North America owing to the presence of a
large number of established key players such as ACS materials, Planar Tech,
Garmor, Nitronix and XG Sciences, Inc. among others. Asia Pacific is the
fastest growing region of the 2D materials market as China accounts for the
largest graphite reserves in the world. The country is currently the largest
producer of Graphene in the world. Asia Pacific is expected to grow at a
substantial CAGR during 2017 to 2027 due to increasing adoption of 2D materials
in the region. With a huge base of research & development and technological
innovations, China is one of the fastest growing markets for producing solar PV
modules using Graphene. Whereas, the Europe market for 2D materials is
expected to grow at a considerable CAGR (2017-2027).
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