Canada Graphene Market Size & Outlook, 2023-2030
Canada graphene market, 2018-2030 (US$M)
Related Markets
Canada graphene market highlights
- The Canada graphene market generated a revenue of USD 7.7 million in 2023 and is expected to reach USD 59.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 34% 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.
Graphene market data book summary
| Market revenue in 2023 | USD 7.7 million |
| Market revenue in 2030 | USD 59.7 million |
| Growth rate | 34% (CAGR from 2023 to 2030) |
| Largest segment | Graphene oxide |
| Fastest growing segment | Graphene Oxide |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Graphene Nanoplatelets, Graphene Oxide, Reduced Graphene Oxide, Monolayer Graphene, Bulk Graphene, Other Products |
| Key market players worldwide | Applied 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, Canada accounted for 3.9% of the global graphene market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. graphene market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 400.1 million by 2030.
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Graphene Market Scope
Graphene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 45.45% in 2023. Horizon Databook has segmented the Canada 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.
The graphene market is attributed to the growing investments in research & development of graphene and its products in the country. Several research institutions and universities in Canada are conducting studies to explore potential applications and advancements of graphene related technologies.
Graphene's properties make it valuable in energy storage applications, particularly in improving the performance of batteries and super capacitors. to support the construction of a demonstration plant specializing in lithium production.
This facility is the first step toward a full-scale lithium production plant that will produce up to 20,000 tons of battery-grade lithium. With the rising focus on renewable energy and EVs in the country, the demand for graphene is also expected to grow.
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Our clientele includes a mix of graphene market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada graphene market , including forecasts for subscribers. This country databook contains high-level insights into Canada graphene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada graphene market size, by product, 2018-2030 (US$M)
Canada Graphene Market Outlook Share, 2023 & 2030 (US$M)
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