Middle East & Africa Graphene Market Size & Outlook
Middle East & Africa graphene market, 2018-2030 (US$M)
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MEA graphene market highlights
- The MEA graphene market generated a revenue of USD 6.3 million in 2023.
- The market is expected to grow at a CAGR of 32.6% 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.
MEA data book summary
| Market revenue in 2023 | USD 6.3 million |
| Market revenue in 2030 | USD 45.3 million |
| Growth rate | 32.6% (CAGR from 2023 to 2030) |
| Largest segment | Graphene oxide |
| Fastest growing segment | Graphene Oxide |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 3.2% 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 Scope
Graphene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 47.62% in 2023. Horizon Databook has segmented the Middle East & Africa 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 aerospace sector of the Middle East & Africa is projected to witness high growth over the forecast period owing to the favorable geographic location of the region that enables transport convenience. Slow development of the aerospace sector is witnessed in countries, including Nigeria, Egypt, South Africa, and Ghana.
To leverage the geographical advantage, the governments of countries in this region are making significant investments in improving and expanding their airport infrastructure. For instance, in February 2020, the Ministry of Transport and Communication of Oman announced its National Aviation Strategy 2030.
This strategy aims to enhance the aviation industry of the country in terms of infrastructural development. This, in turn, is anticipated to strengthen the economy of Oman in the future. Similarly, Saudi Vision 2030, a strategic framework proposed by the Government of Saudi Arabia, emphasizes localizing its defense sector.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa graphene market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa graphene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Graphene Market Outlook Share, 2023 & 2030 (US$M)
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