Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Graphene Market Set for 40% Annual Growth, Reaching $126 Million in 2020: Graphene nanoplatelets, led by composites and energy storage applications, will drive growth but graphene films will mostly remain in the lab, says Lux Research

Abstract:
Graphene, touted as the next wunderkind material because of its extraordinary properties, will grow to a $126 million market in 2020, from its $9 million base in 2012, according to Lux Research. While an impressive debut for a new material, this growth is less than some of the hype may suggest.

Graphene Market Set for 40% Annual Growth, Reaching $126 Million in 2020: Graphene nanoplatelets, led by composites and energy storage applications, will drive growth but graphene films will mostly remain in the lab, says Lux Research

Boston, MA | Posted on January 18th, 2013

The bulk of this market will belong to graphene nanoplatelets (GNPs), used mainly in composites and energy storage applications. However, graphene films, despite being a hot research area, will be delayed by a slew of technical and economic challenges.

"The rocky history of carbon nanotubes shows that a research and patent boom along with impressive technical performance is far from a guarantee of commercial success," said Ross Kozarsky, Lux Research Senior Analyst and the lead author of the report titled, "Is Graphene the Next Silicon ... Or Just the Next Carbon Nanotube?" "Major challenges like high costs, processing issues, and competing materials loom large," he added.

Lux Research also positioned graphene technology developers on the Lux Innovation Grid based on their Technical Value and Business Execution - companies that are strong on both axes reach the "Dominant" quadrant. It also assessed each company's maturity, and provided an overall Lux Take. Among their findings:

· XG, Vorbeck lead the pack. "Dominant" XG Sciences and Vorbeck Materials will continue to rule among GNP start-ups, albeit with different commercialization tactics. Vorbeck has moved down the value chain into selling higher margin conductive inks, while XG supplies GNPs to corporate channel partners.

· Too early to tell on second wave of start-ups. Newer start-ups - like Graphene Technologies, Grafoid, National Nanomaterials, Xolve and Haydale - have entered the landscape with bold claims of cheaper and better graphene. All are still ranked as "High-potential" or "Long-shot" with a lack of solid traction in any application.

· Films face significant hurdles. Graphene films companies such as Bluestone Global Tech, Graphene Frontiers, Graphenea and Graphene Labs still face commercialization challenges. All are at the low end of the business execution spectrum, and a true leader has yet to emerge.

The report, titled "Is Graphene the Next Silicon ... Or Just the Next Carbon Nanotube?" is part of the Lux Research Advanced Materials Intelligence service.

####

About Lux Research, Inc.
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients.

For more information, please click here

Contacts:
Carole Jacques
Lux Research, Inc.
617-502-5314

Copyright © Lux Research, Inc.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Leti Develops World’s First Micro-Coolers for CERN Particle Detectors: Leti Design, Fabrication and Packaging Expertise Extends to Very Large Scientific Instruments December 11th, 2017

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

Graphene/ Graphite

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Possible Futures

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Creating a new kind of metallic glass December 7th, 2017

Materials/Metamaterials

Creating a new kind of metallic glass December 7th, 2017

Copper will replace toxic palladium and expensive platinum in the synthesis of medications: The effectiveness of copper nanoparticles as a catalyst has been proven December 5th, 2017

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

Scientists make transparent materials absorb light December 1st, 2017

Announcements

Leti Develops World’s First Micro-Coolers for CERN Particle Detectors: Leti Design, Fabrication and Packaging Expertise Extends to Very Large Scientific Instruments December 11th, 2017

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Creating a new kind of metallic glass December 7th, 2017

Copper will replace toxic palladium and expensive platinum in the synthesis of medications: The effectiveness of copper nanoparticles as a catalyst has been proven December 5th, 2017

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Printing Flexible Graphene Supercapacitors December 1st, 2017

Dendritic fibrous nanosilica: all-in-one nanomaterial for energy, environment and health November 4th, 2017

New Atomic Force Microscope to study piezoelectrics at the nanoscale October 29th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project