India Graphene Market Size & Outlook, 2023-2030
India graphene market, 2018-2030 (US$M)
Related Markets
India graphene market highlights
- The India graphene market generated a revenue of USD 6.1 million in 2023 and is expected to reach USD 53.7 million by 2030.
- The India market is expected to grow at a CAGR of 36.3% 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 6.1 million |
| Market revenue in 2030 | USD 53.7 million |
| Growth rate | 36.3% (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, India accounted for 3.1% 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 |
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India 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 47.54% in 2023. Horizon Databook has segmented the India 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.
Rapid industrialization and increasing production of electronics is expected to drive the demand for graphene over the forecast period. An increase in foreign direct investments in the energy and defense sectors is expected to contribute to the rising investments in these sectors and eventually become a major growth-determining factor for the graphene market over the forecast period.
Rising demand for research-grade graphene is expected to result in the growth of graphene nanoplatelets and graphene oxide over the forecast period. India has witnessed a rise in the number of patents filed for the production of graphene-based products over the past few years, which is anticipated to result in a positive outlook for the graphene market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India graphene market , including forecasts for subscribers. This country databook contains high-level insights into India graphene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India graphene market size, by product, 2018-2030 (US$M)
India Graphene Market Outlook Share, 2023 & 2030 (US$M)
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