Global Graphene Oxide Market
The GMI Research forecasts that the Graphene Oxide Market is witnessing an upsurge in demand over the forecast period. This is mainly due to their superior properties such as electrical conductivity and heat resistance.
Introduction of the Graphene Oxide Market
Graphene Oxide is a single atomic layered material called the oxidized form of graphene obtained by the oxidation of graphite. It is readily dispersible in water and solvents, making the production process easier. The fluorescent property makes it suitable to be used in anti-bacterial materials and disease detection applications.
Key Players of the Global Graphene Oxide Market:
- ACS Material
- GarmorTech
- Cheap Tubes
- Graphenea Inc.
- BGT Materials Limited
- Global Graphene Group
- E Way Technology Co., Ltd
- Metalgrass LTD
- The Sixth Element (Changzhou) Materials Technology Co. Ltd
- Graphene Manufacturing Group Ltd.
Graphene Oxide Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Graphene oxide, the oxidized form of graphene, is a renewable, mouldable, and lightweight material. The graphene oxide market largely relies on the production of graphene. The augmenting endorsement by various manufacturing sectors is the major driver proliferating the market growth. The energy and electronic industry have started implementing the oxides in lithium-ion batteries, leading to market growth. Their adoption helps to enhance the performance and lifespan of lithium-ion batteries and solar cell biosensors. The ongoing increase in demand for clean energy sources is supplementing the market share. The stringent environmental policies by the government are persuading industries to shift towards renewables. However, the technical limitation of commercial production and the excessive cost of devices to produce graphene oxide is halting the growth of the Graphene Oxide industry.
Application Segment Drivers
Based on the application, the electronic device is expected to witness significant growth owing to its assistance in producing solar cells and chemical sensors. It proffers a high surface area, thus making it a good electrode material in the batteries and capacitors. Graphene-based Field Effect Transistor (GFET) applied as a chemical sensor and biosensor detect catecholamine molecules, and DNA has strengthened the Graphene Oxide Market market size.
Regional Drivers
Based on the regional coverage, Asia-Pacific will expand at a faster CAGR during the forecast period. China accounts for being the highest source of graphite exporting necessary materials in the production process. The increasing amalgamations between top universities and research institutes for the research and development activities related to graphene oxide is another factor driving the market growth. For example, The ARC Graphene Research Hub is a vibrant and interdisciplinary research program that involves 40 researchers working across five universities, several companies, and strong international collaboration with major players in China.
Graphene Oxide Market Segmentation:
Segmentation by Application
- Electronic devices
- Medical
- Energy
- Manufacturing
- Others
Segmentation by Form
- Powdered based Graphene Oxide
- Solution based Graphene Oxide
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising MarketResearch Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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