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The global graphene market size is projected to grow from USD 620 million in 2020 to USD 1,479 million by 2025, at a CAGR of 19.0% between 2020 and 2025.
Graphene is demanded in various end-use industries including automotive & transportation, aerospace, electronics, and construction; due to its advantages properties such as high strength, thermal conductivity, and durability. However, global pandemic disease COVID-19 has disrupted the operations of aerospace, automotive & transportation, and other industries which are expected to decrease the demand for graphene in 2020.
Monolayer graphene is the fastest-growing type of graphene, in terms of value.
The monolayer graphene finds wide applications in various end-use industries. The major applications of monolayer graphene are in quantum computing, pressure sensors, touch sensors, transistors, nanoelcmechanical systems (NEMS), optoelectronics, aerospace comp