China Graphene Market Size & Outlook, 2023-2030

The graphene market in China is expected to reach a projected revenue of US$ 354.9 million by 2030. A compound annual growth rate of 37.4% is expected of China graphene market from 2024 to 2030.
Revenue, 2023 (US$M)
$38.4
Forecast, 2030 (US$M)
$354.9
CAGR, 2024 - 2030
37.4%
Report Coverage
China

China graphene market highlights

  • The China graphene market generated a revenue of USD 38.4 million in 2023 and is expected to reach USD 354.9 million by 2030.
  • The China market is expected to grow at a CAGR of 37.4% 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 2023USD 38.4 million
Market revenue in 2030USD 354.9 million
Growth rate37.4% (CAGR from 2023 to 2030)
Largest segmentGraphene oxide
Fastest growing segmentGraphene Oxide
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, China accounted for 19.6% 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 Asia Pacific, China graphene market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 354.9 million by 2030.

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Graphene Market Companies

Name Profile # Employees HQ Website

China 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 47.4% in 2023. Horizon Databook has segmented the China 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.


China is expected to emerge as a prominent market for graphene over the forecast period due to favorable government support to promote investments in the manufacturing sector. The government has put forward strong policies to ensure support for graphene research and development.

The growth of the manufacturing sector is a major driver for the graphene market in the country. Rising product demand from this sector will eventually lead to a better growth rate for the graphene market in the coming years.

A majority of manufacturers are engaged in producing graphene on account of its applications in flexible electronics, optoelectronics, sensors, supercapacitors, and batteries. Composites are expected to emerge as the fastest-growing application segment over the forecast period owing to their increasing penetration in aerospace, coatings, and construction industries.

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

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China graphene market size, by product, 2018-2030 (US$M)

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

China graphene market size, by product, 2018-2030 (US$M)

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