Market Overview:
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 2-D Materials Market for materials segment. Whereas,
automobile and electronics sub segments in the end user 2-D 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 2-D Materials Market .
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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.
Industry Segmentation:
The 2-D
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.
Global Key Player:
· ACS materials
· Planar Tech
· Garmor
· Thomas-swan
· Nitronix
· 2-D tech
· Abalonyx AS
· 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.
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 2-D 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 2-D 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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Future (MRFR) is a global market research company that takes pride in its
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