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.
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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.
Global Key Player:
·
2-D tech
·
Abalonyx
AS
·
ACS
materials
·
Planar
Tech
·
Garmor
·
Thomas-swan
·
Nitronix
·
BASF SE
·
XG
Sciences, Inc.
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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