High-Volume Orders Finally Arrive for the Graphene Industry, Explores IDTechEx

BOSTON, March 16, 2021 /PRNewswire/ -- For a long time, graphene has been cited as the wonder material that will change the world. The reality has been very different; disillusionment has started to grow as the hype has not translated into revenue. For a few years, many people (including here at IDTechEx) have been saying that the "tipping point" is approaching. IDTechEx now believes that the industry is at the first stages of that inflection point as high-volume orders finally begin to arrive.

Before 2021, IDTechEx notes that the single biggest order for graphene material is for Sixth Element from Huawei for use in a heat spreader application. Other key orders have also been seen to date for the likes of wear-resistant liners, anti-corrosion coating, and PU foams. These applications typically do not benefit from the graphene "brand" and demonstrate the clear added value companies are beginning to find from the unique blend of properties.

IDTechEx provides the most comprehensive market report on the topic of graphene and 2D materials. Central to this is a detailed analysis of the manufacturers, including their process, products, revenue, profit/loss, capacity, price, and application areas. The report includes over 60 company profiles of key players worldwide based on the latest primary interviews.

To achieve the necessary capacity to give end-users confidence and drive the price down, graphene manufacturers have had to invest a large amount of money. Price is a sensitive subject in the industry as many like to showcase the value-add, but when it is being used as a replacement for carbon black in many cases, it will be a race to the bottom.

The high-volume orders are arriving from multiple areas including for ultracapacitors, lithium-ion batteries, coatings, and thermal management applications. However, one of the most significant roles for graphene will be as a polymer or elastomer additive. The adoption will be for mechanical and/or conductive drivers and include major roles in automotive interiors, fuel & brake lines, non-food packaging, pipelines, EMI shielding polymers, and more.

IDTechEx notes that very few of the manufacturers have ever turned a profit, making public or private investment essential for their survival and growth. One longstanding company that has seen more organic growth and is becoming a notable player in the field for some of these polymer products is AVANZARE. IDTechEx were told more about their work by their CEO, Mr Julio Gomez:

AVANZARE is working in the integration of Graphene Materials (GRMs) in different polymer matrix to produce nanointermediate products. This includes the use in thermoplastics, thermosets, and elastomers. Our main applications are in polyester and polyurethane resins for electrical and thermal properties. We expect significant demand for Glass Fiber composites, in rubber materials and in membranes production.

For more information on the graphene market and its applications, see the market report "Graphene Market & 2D Material Assessment 2021-2031". There are 18 individual forecast lines for the key applications as well as detailed patent analysis, player assessment, and benchmarking studies.

For more details of this report, please visit www.IDTechEx.com/Graphene, or for the full portfolio of Advanced Materials research available from IDTechEx please visit www.IDTechEx.com/Research/AM.  

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact [email protected] or visit www.IDTechEx.com.

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SOURCE IDTechEx