raphene Market is a 2-dimensional crystalline allotrope of carbon that is densely packed in a honeycomb pattern. It is the thinnest material, with exceptionally strong – 200 times stronger than steel. Graphene has a good thermal, optical, and mechanical property, with a thermal conductivity of 3000-5000 W m-1 K-1 at room temperature. Graphene has applications in various industries such as batteries, sensors, semi-conductors, electronics, displays, medicine, and others.
Increasing adoption of graphene in the energy sector and various applications of graphene in automobiles and electronics industry are some of the factors propelling the growth of the global graphene market. Moreover, the multifunctional properties of graphene has led to its introduction in various industries such as adhesives and sports, and increased government funding for R&D sector of graphene industry are contributing towards the growth of the graphene market. High cost of graphene production and use of toxic chemicals for conventional manufacturing of graphene are some factors restraining the manufacturing of graphene. However, the introduction of advanced technology such as such as graphene-based nanomaterials for water filtration is expected to fuel the market growth in the near future.