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

'Find the Lady' in the quantum world: International team of researchers presents method for quantum-mechanical swapping of positions October 18th, 2017

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Spin current detection in quantum materials unlocks potential for alternative electronics October 15th, 2017

Graphene/ Graphite

Graphene forged into three-dimensional shapes September 26th, 2017

New quantum phenomena in graphene superlattices September 18th, 2017

Graphene based terahertz absorbers: Printable graphene inks enable ultrafast lasers in the terahertz range September 13th, 2017

Ames Laboratory scientists move graphene closer to transistor applications August 30th, 2017

Possible Futures

'Find the Lady' in the quantum world: International team of researchers presents method for quantum-mechanical swapping of positions October 18th, 2017

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Rice U. study: Vibrating nanoparticles interact: Placing nanodisks in groups can change their vibrational frequencies October 16th, 2017

Materials/Metamaterials

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Injecting electrons jolts 2-D structure into new atomic pattern: Berkeley Lab study is first to show potential of energy-efficient next-gen electronic memory October 13th, 2017

The secret to improving liquid crystal's mechanical performance: Better lubricating properties of lamellar liquid crystals could stem from changing the mobility of their structural dislocations by adding nanoparticles October 13th, 2017

Rice U. lab surprised by ultraflat magnets: Researchers create atom-thick alloys with unanticipated magnetic properties October 13th, 2017

Announcements

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Rice U. study: Vibrating nanoparticles interact: Placing nanodisks in groups can change their vibrational frequencies October 16th, 2017

Spin current detection in quantum materials unlocks potential for alternative electronics October 15th, 2017

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

'Find the Lady' in the quantum world: International team of researchers presents method for quantum-mechanical swapping of positions October 18th, 2017

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Rice U. study: Vibrating nanoparticles interact: Placing nanodisks in groups can change their vibrational frequencies October 16th, 2017

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

On the road to fire-free, lithium-ion batteries made with asphalt October 12th, 2017

Organic/inorganic sulfur may be key for safe rechargeable lithium batteries October 12th, 2017

How to draw electricity from the bloodstream: A one-dimensional fluidic nanogenerator with a high power-conversion efficiency September 11th, 2017

A revolution in lithium-ion batteries is becoming more realistic September 5th, 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