China Graphene Market Size & Outlook, 2023-2030
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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 2023 | USD 38.4 million |
| Market revenue in 2030 | USD 354.9 million |
| Growth rate | 37.4% (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, 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 Scope
Graphene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Graphenea | View profile | 11-50 | San Sebastian, Pais Vasco, Spain, Europe | http://www.graphenea.com |
| ACS Material | View profile | 1-10 | Pasadena, California, United States, North America | https://www.acsmaterial.com |
| AMO GmbH | View profile | 11-50 | Blumenthal, Bremen, Germany, Europe | https://www.amo.de |
| Graphene Square | View profile | 1-10 | Pohang, Kyongsang-bukto, South Korea, Asia | http://www.graphenesq.com/ |
| Graphensic | View profile | 11-50 | Stockholm, Stockholms Lan, Sweden, Europe | http://graphensic.com/ |
| Thomas Swan & Co | View profile | 101-250 | Consett, Durham, United Kingdom, Europe | http://www.thomas-swan.co.uk/ |
| 2D Carbon Technology | View profile | - | Yangzhou, Jiangsu, China, Asia | http://www.cz2dcarbon.com |
| Zentek Ltd | View profile | 31 | 24 Corporate Ct, Guelph, ON, Canada, N1G 5G5 | https://www.zentek.com |
| Haydale Graphene Industries PLC | View profile | 60 | Clos Fferws, Parc Hendre, Capel Hendre, Ammanford, Carmarthenshire, United Kingdom, SA18 3BL | http://www.haydale.com |
| NanoXplore Inc | View profile | 450 | 4500 Thimens Boulevard, Montreal, QC, Canada, H4R 2P2 | https://www.nanoxplore.ca |
| Focus Graphite Inc | View profile | - | 945 Princess Street, Kingston, ON, Canada, K7L 0E9 | https://www.focusgraphite.com |
| Directa Plus PLC | View profile | 185 | ComoNExT Science Park, Via Cavour 2, Lomazzo, Italy, 22074 | https://www.directa-plus.com |
| Talga Group Ltd | View profile | 61 | 46 Colin Street, Suite 3.03, Level 3, West Perth, Perth, WA, Australia, 6005 | https://www.talgagroup.com |
| G6 Materials Corp | View profile | - | 760 Koehler Avenue, Suite 2, Ronkonkoma, NY, United States, 11779 | https://www.g6-materials.com |
| Applied Graphene Materials PLC | View profile | 25 | The Wilton Centre, Wilton, Cleveland, Redcar, United Kingdom, TS10 4RF | https://www.appliedgraphenematerials.com |
| CVD Equipment Corp | View profile | 128 | 355 South Technology Drive, Central Islip, NY, United States, 11722 | https://www.cvdequipment.com |
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)
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