Rising Focus of End-Users on Renewable Energy Sources to Favor Graphene Industry
Market Scope Graphene market 2020 is on track to achieve a significant valuation of USD 942.4 million by 2027, confirms MRFR (Market Research Future). The market also displays strong growth prospects as it is likely to advance at a stellar rate of 43.0 % between 2020 and 2027 (evaluation period). Top Boosters and Restraints Heightened demand for lightweight, flexible and renewable materials that are highly durable has led to a stronger demand for graphene across various industries. Excellent properties, such as high thermal and electrical conductivity, along with high permeability and electron mobility also boost the appeal as well as the application scope of graphene industry . Therefore, the mounting penetration of graphene in diverse applications such as semiconductors, sensors and energy storage can be favorable for the global market in the years ahead. Rising uptake of renewable energy across sectors worldwide also adds to the market value. Moreover, strict regulat...