U.S. Graphene Market Size & Outlook, 2023-2030
U.S. graphene market, 2018-2030 (US$M)
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U.S. graphene market highlights
- The U.S. graphene market generated a revenue of USD 48.9 million in 2023 and is expected to reach USD 400.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 35% 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 48.9 million |
| Market revenue in 2030 | USD 400.1 million |
| Growth rate | 35% (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, U.S. accounted for 25.0% 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 North America, U.S. graphene market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 400.1 million by 2030.
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Graphene Market Scope
Graphene Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 46.22% in 2023. Horizon Databook has segmented the U.S. 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 U.S. is the largest graphene market in North America and one of the key exporters of graphene based products to various countries that lack graphene production capabilities. The market has witnessed numerous collaborations among manufacturers and research institutions over the past few years owing to the increasing focus on research & development activities.
The prices of graphene are expected to drop over the years owing to mass production, which is anticipated to promote its adoption across various application industries. Graphene penetration in the electronics industry is expected to witness significant growth over the forecast period owing to its electrical conductivity, which makes it ideal for light-emitting diodes, ultra-fast electronic transistors, and foldable touchscreen displays.
Thus, the presence of a large number of big electronic manufacturers, such as HP, Intel, Apple, and Dell, is expected to propel the demand for graphene in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. graphene market , including forecasts for subscribers. This country databook contains high-level insights into U.S. graphene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. graphene market size, by product, 2018-2030 (US$M)
U.S. Graphene Market Outlook Share, 2023 & 2030 (US$M)
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