North America Graphene Market Size & Outlook, 2023-2030

The graphene market in North America is expected to reach a projected revenue of US$ 482.9 million by 2030. A compound annual growth rate of 34.8% is expected of North America graphene market from 2024 to 2030.
Revenue, 2023 (US$M)
$59.7
Forecast, 2030 (US$M)
$482.9
CAGR, 2024 - 2030
34.8%
Report Coverage
North America

North America graphene market highlights

  • The North America graphene market generated a revenue of USD 59.7 million in 2023.
  • The market is expected to grow at a CAGR of 34.8% 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.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 59.7 million
Market revenue in 2030USD 482.9 million
Growth rate34.8% (CAGR from 2023 to 2030)
Largest segmentGraphene oxide
Fastest growing segmentGraphene Oxide
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, North America region accounted for 30.5% 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 Companies

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North America 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 46.23% in 2023. Horizon Databook has segmented the North America 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 North American graphene market is dominated by several small and medium-scale manufacturers. These players have a strong distribution and supplier network, which plays an important role in the value chain owing to the responsibility of distributors and suppliers to maintain a loyal customer base for their manufacturers.

The region has witnessed a significant rise in the number of small-scale companies engaged in the development of graphene-based products. The production of graphene-based products in the powdered form is extremely complex and is thus not commercially viable.

The number of patents filed by U.S.-based manufacturers has increased over the past few years owing to the growing focus on research and development activities. Most of the small scale manufacturers are engaged in upstream activities, which include the production of composites, graphene flakes, and films.

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

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North America graphene market size, by country, 2018-2030 (US$M)

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

North America graphene market size, by country, 2018-2030 (US$M)

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