Asia Pacific Graphene Market Size & Outlook, 2023-2030

The graphene market in Asia Pacific is expected to reach a projected revenue of US$ 587.1 million by 2030. A compound annual growth rate of 37.1% is expected of Asia Pacific graphene market from 2024 to 2030.
Revenue, 2023 (US$M)
$64.4
Forecast, 2030 (US$M)
$587.1
CAGR, 2024 - 2030
37.1%
Report Coverage
Asia Pacific

Asia Pacific graphene market highlights

  • The Asia Pacific graphene market generated a revenue of USD 64.4 million in 2023.
  • The market is expected to grow at a CAGR of 37.1% from 2024 to 2030.
  • In terms of segment, graphene oxide was the largest revenue generating product in 2023.
  • Graphene Oxide is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 64.4 million
Market revenue in 2030USD 587.1 million
Growth rate37.1% (CAGR from 2023 to 2030)
Largest segmentGraphene oxide
Fastest growing segmentGraphene Oxide
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGraphene Nanoplatelets, Graphene Oxide, Reduced Graphene Oxide, Monolayer Graphene, Bulk Graphene, Other Products
Key market players worldwideApplied Graphene Materials PLC, G6 Materials Corp, Talga Group Ltd, CVD Equipment Corp, Directa Plus PLC, Focus Graphite Inc, NanoXplore Inc, Haydale Graphene Industries PLC, Zentek Ltd, 2D Carbon Technology, Thomas Swan & Co, Graphensic, Graphene Square, AMO GmbH, ACS Material, Graphenea


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 32.9% of the global graphene market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 587.1 million by 2030.

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Graphene Market Companies

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Asia Pacific graphene market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to graphene market will help companies and investors design strategic landscapes.


Graphene oxide was the largest segment with a revenue share of 47.36% in 2023. Horizon Databook has segmented the Asia Pacific graphene market based on graphene nanoplatelets, graphene oxide, reduced graphene oxide, monolayer graphene, bulk graphene, other products covering the revenue growth of each sub-segment from 2018 to 2030.


Asia Pacific is the fastest growing region and one of the critical demand determining factors for the graphene market owing to the presence of a large number of manufacturers and consumers. Increasing production volumes in various sectors including automobile, marine, defense, and aerospace are expected to drive the graphene market in this region over the forecast period.

The booming electronics sector has been a major factor propelling the demand for graphene-based products. Various advantageous characteristics of graphene, such as high electrical conductivity, permeability, strength, and electron mobility, have led electronic device manufacturers to focus increasingly on graphene’s research and development.

Meanwhile, increasing investments in the power generation sector are expected to fuel the demand for graphene-based products in the near future. Asia Pacific is expected to exhibit the highest growth rate owing to a high demand for core composite materials in the aerospace and energy sectors.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific graphene market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific graphene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific graphene market size, by country, 2018-2030 (US$M)

Asia Pacific Graphene Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific graphene market size, by country, 2018-2030 (US$M)

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