Graphene is considered the miracle material of 21St Century due to its exceptional properties as well as the wide range of applications in various downstream fields such as energy, electronics and biotechnology. However, extremely high costs and potential pollution during the production process are the main obstacles to the large-scale commercialization of graphene, which is why it has become more urgent to find a cost-effective and sustainable way to produce synthetic graphite and graphene. Frost & Sullivan has conducted extensive research into the global graphite and graphene industry chain and published the White Paper for Global Graphite and Graphene Markets, which focuses on the recent development of the global graphite and graphene industry and the new growth opportunities.
Based on Frost & Sullivan research and calculations, the global graphite market size in 2021 was US$22.0 billion, of which Asia-Pacific accounted for 44.1%, 27.3% and 18.6%, respectively Space, North America and Europe accounted for. The global graphene market size in 2021 was US$12.6 billion, with Asia-Pacific, North America, and Europe accounting for 54.4%, 21.2%, and 20.0%, respectively. The global graphite and graphene market is expected to reach US$30.4 billion and US$71.9 billion respectively in 2026.
Electronics and energy are the main sectors for graphene applications. Today, graphene is commonly used as a heat dissipation material in electronics and as a conductive material in power. The Graphene Market size in Electronics & Energy Industry is projected to grow at a CAGR of 35.2% and 32.6% from 2022 to 2026, respectively. Going forward, the automotive industry is the most promising segment of graphene, which is expected to grow at a 1% CAGR of 42.1% from 2022 to 2026, according to Frost & Sullivan.
Major global economies including the EU, US and China have all issued a series of favorable graphite and graphene-related policies, creating a good policy environment for graphite and…
