Home > Press > Growth Potential Looms Large for Graphene Nanomaterials
Abstract:
Lux Research projects nascent market to grow at 125% CAGR, impacting nanointermediates worth $53B
The price and performance advantages of graphene - ultra-thin sheets of carbon atoms - over incumbent carbon-based nanomaterials, such as carbon nanotubes, have made the material a hot topic in nanotech circles. These benefits will help expand the market for graphene from $196,000 last year to $59 million in 2015 with potential to impact $53 billion of intermediate products and help the material make a splash in applications from automobiles to displays, according to a new report from Lux Research.
Lux's report, entitled "Graphene: Near-term Opportunities and Long-term Ambitions," represents the only exhaustive analysis to date of graphene's market potential. It outlines the material's different structures, industry players, manufacturing methods, application timelines and key patents. Lux's report also delivers real-world perspective on pricing, picks likely winners and losers, and projects which industries will feel graphene's impact most.
"Graphene poses an immediate threat to carbon nanotubes in applications like composites, coatings, and energy storage devices," said Oliver Tassinari, a Research Associate at Lux Research and the report's lead author. "But its long-term potential could be even greater, assuming producers actively develop expertise further down the value chain in key applications like electronics."
Lux Research's report reflects intelligence gathered through primary interviews with companies and researchers involved in the production and application development of graphene. Among its key findings:
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About Lux Research
Lux Research provides strategic advice and on-going intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
Contacts:
Carole Jacques
Lux Research, Inc.
617-502-5314
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
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