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 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.
Industry
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.
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.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.
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).
COVID-19 Outbreak Impact on Renewable Chemicals Market@ https://www.marketresearchfuture.com/report/covid-19-impact-renewable-chemicals-market
COVID-19 Impact Analysis on Aluminum Extruded Products Market@ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market
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