Graphene Production to Shoot-Up in North America in Coming Years

 Graphene is an allotrope of carbon, comprising a single layer of carbon atoms that are tightly arranged in a hexagonal honeycomb lattice. In the recent times, there has been a steep rise in the global sales of graphene, primarily because of the widespread usage of the compound in various applications in the medical sector. Due to its high strength and thinness, the material is extensively used for manufacturing bioelectric sensors, which are mainly used for tracking the level of glucose, cholesterol, and hemoglobin in the blood and also those used for testing DNA (deoxyribonucleic acid). 

 

In addition to being widely used in the aforementioned applications, graphene is also widely used in various therapeutic tools, prosthesis devices, and dental implants and cancer treatment procedures. Furthermore, numerous private and public organizations are conducting extensive research and development (R&D) for combining graphene nanomaterials with medications, nano adjuvants, and vaccine carriers. The success of these R&D projects would result in the development of products that are highly compatible with the human immune cells.

 

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The other major factor fueling the requirement for graphene is the increasing utilization of the compound in various electronics and electrical applications across the world. Due to these factors, the global graphene market is predicted to demonstrate substantial growth in the coming years. Graphene is primarily available in two forms—dispersed and powder. Between the two, the usage of powdered graphene is predicted to be significantly higher in the forthcoming years. This is ascribed to the rising customer preference for powdered graphene over the dispersed one for use in sensors, batteries, and printing technologies.  

Asia-Pacific (APAC) was the largest region in the graphene market throughout the historical period (2014–2019), as the consumption of the compound in the medical, electrical & electronics, and energy sectors of China is quite high. Further, the application of graphene in the automotive and aerospace industries of regional countries, including India, China, and South Korea, is rising.


The major players in the graphene market are The Sixth Element (Changzhou) Materials Technology Co. Ltd., Angstron Materials Inc., Deyangene Carbon Technology Co. Ltd., Ningbo Moxi Technology Co. Ltd., Xiamen Knano Graphene Technology Co. Ltd., XG Sciences Inc., Applied Graphene Materials, 2D-Tech Graphene, Graphenea S.A., NanoXplore Inc., Thomas Swan and Co. Ltd., and ACS Material LLC.