The global graphene market size was valued at USD 269.6 million in 2021. The market is projected to grow from USD 337.0 million in 2022 to USD 2,172.2 million by 2029, exhibiting a CAGR of 30.5% during the forecast period.

This information is provided by Fortune Business Insights, in its report titled, “Graphene Market, 2022-2029.”

Information Source - https://www.fortunebusinessins....ights.com/graphene-m

Segments:

GO Segment to Gain Momentum Due to Increasing Applications from Various End-use Industries

Based on product, the market is segmented into graphene oxide (GO), graphene nanoplatelets (GNP), and others.

GNP accounted for the largest market share in 2021 and is expected to continue its dominance until 2029.

Aerospace & Defense Segment to Hold a Significant Share Owing to Extensive Adoption of Material

In terms of end-use industry, the market is classified into electronics, aerospace & defense, automotive, energy, and others.

Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceship manufacturing.