2-D Materials Market Growth | Challenges, Key Vendors, Drivers and Trends by Forecast to 2027

Industry News

August 2019: Researchers at The University of Manchester, the National Graphene Institute, have come up with a new means for synthesizing 2-D materials, which are unobtainable or impossible by current technologies. The latest covalent 2-D material can be doped controllably with dopants.

June 2019: Pennsylvania State University researchers have come up with a new method for developing 2D materials known as transition metal dichalcogenides. This will pave the way for new applications in optoelectronic as well as other next-gen electronic devices.

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Market Analysis:

The global 2-D materials market is anticipated to grow at a healthy CAGR between 2017-2027, states the latest Market Research Future (MRFR) report. Two-dimensional or 2-D materials, which are also known as single-layer materials, simply put, are crystalline materials that have a single layer of atoms. These materials have garnered great interest owing to its alluring features such as long spin diffusion length, high mechanical strength, high conductivity, and high mobility. They have a broad range of applications, including water purification, electrodes, semiconductors, and photovoltaics.

The 2-D materials journal is an electronic-only, multidisciplinary journal that publishes applied and fundamental research of topmost quality and impact that covers all facets of graphene and other 2-D materials. The 2d materials impact factor in 2018 was 7.343. Owing to its excellent features such as flexibility, optically transparent, corrosion resistance, and conductivity to electricity and heat, 2-D materials are widely used in semiconductor and electronics industries.

Various factors are propelling the 2-D Materials Market Growth. Such factors, according to the latest Market Research Future report, include significant investments made by emerging economies in textiles, composites, energy storage, and transport, growing demand for transparent conductive films in solar PV modules, solid-state lighting, displays, and touch screens of smartphones, pollution-free legislations by governments, environmentally-friendly norms, cost-saving initiatives, inclination for using renewable energy, and increasing use in hydrogen fuel cells in electric cars. Additional factors propelling the growth of the 2-D materials market include low hardware cost, growing need for automation, especially in industrial sectors, increasing demand for quality-driven products, booming semiconductor and manufacturing industries, demand for user-friendly devices, and technological advances in the electronics market.

On the contrary, the development of cost-effective graphene electrodes and needs to cater to the industrial norms and lack of technical expertise are factors that may negatively impact the 2-D materials market growth during the forecast period.

Key Players

·         XG Sciences, Inc.

·         BASF SE

·         Nitronix

·         Thomas-swan

·         Garmor

·         Planar Tech

·         ACS materials

·         Abalonyx AS

·         2-D tech

Market Segmentation

The Market Research Future report offers a complete segmental analysis of the 2-D Materials Market Growth based on application and materials.

By materials, the 2-D materials market is segmented into boron nitride, black phosphorus, TMDCs, graphene, and others. Of these, the graphene segment will have the largest share in the market during the forecast period for its wide range of applications.

By application, the 2-D materials market is segmented into energy, healthcare, consumer electronics, aerospace, semiconductor, and others.

Regional Analysis

By region, the 2-D materials market report covers the latest trends and growth opportunities across the North America, Asia Pacific, Europe, and the Rest of the World. Of these, North America will have the lion’s share in the market during the forecast period for the presence of several established key players. Canada and the US are the major contributors in this region.

The 2-D materials market in the APAC region will grow at the fastest pace during the forecast period for the rising adoption of 2D materials. Besides, China has the largest graphite reserves and is also its largest producer, which again is adding to the growth of the market.

The 2-D materials market in Europe will have a considerable growth during the forecast period, and that in the RoW will have stable growth during the forecast period.

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