BOSTON, March 15, 2016 /PRNewswire/ --
IDTechEx Research projects that the graphene market will grow to $220m in 2026. This forecast is at the material level and does not count the value of graphene-enabled products. In many instances graphene is only an additive with low wt% values.
A continual decline in average sales prices will accompany the revenue growth, meaning that volume sales will reach nearly 3.8 k tpa (tonnes per annum) in 2026. Despite this, forecasts by IDTechEx Research in the new report Graphene, 2D Materials and Carbon Nanotubes: Markets, Technologies and Opportunities 2016-2026 suggest the industry will remain in a state of over-capacity until 2021, beyond which time new capacity will need to be installed. Furthermore, IDTechEx Research forecasts that nearly 90% of the market value will go to graphene platelets (vs. sheets) in 2026.
The market will be segmented across many applications, reflecting the diverse properties of graphene. In general we expect functional inks and coatings to reach the market earlier. This is a trend that we forecasted several years ago and is now observed in prototypes and small-volume applications. Indeed, IDTechEx Research projects that the market for functional inks and coatings will make up 21% of the market by 2018. Ultimately however, energy storage and composites will grow to be the largest sectors, controlling 25% and 40% of the market respectively in 2026.
Graphene, 2D Materials and Carbon Nanotubes: Markets, Technologies and Opportunities 2016-2026 provides the most comprehensive and authoritative view of the topic, giving detailed ten-year market forecasts segmented by application and material type; interview-based profiles of all the key players; detailed, fact-based and insightful analysis of all the existing and emerging target applications, and much more. The report is based upon years of research and close engagement with the community of graphene and CNT producers, investors and users.
For more information please see http://www.IDTechEx.com/graphene and visit our Graphene and 2D Materials conference, taking place 27-28 April 2016 as part of the IDTechEx Show! This is the premier business-focused event on graphene globally.
SOURCE IDTechEx Research