Three Regions Where Business Is Benefiting from Graphene Growth

Although graphene is already starting to improve many aspecst of our world today, there are three specific emerging trends in technology that have seen immense monetary growth due to the miracle material: power storage, composites, and mergers and acquisitions strategy. This is all according to the leading global technology research and advisory company Technavio.

Specifically, in the Asian Pacific, or APAC, region, graphene has increased its compound annual growth rate by 40.17%, according to Business Wire. Their estimations reveal that from 2017-2021 these three areas of the market should see $124.4 million in incremental growth. As the industry built around graphene is seeing high demand for products in aerospace, power, and energy organizations, its growth is expected to multiply. As China’s demand for graphene production grows, due to its “high number of graphene-related patent fillings,” so does the potential for graphene to be a major revenue generator for the region.

Power Storage

In terms of power storage and what graphene is predicted to bring to the table, the company anticipates graphene to be a complete and viable replacement for electrodes that are currently used in supercapacitors. Beyond what graphene will do for our technological storage purposes in this region, it is also predicted to benefit development of prosthetic limbs with better responding sensory receptors as well as lead to big gains in the storage of solar energy.

Graphene Composites

When graphene is combined with existing materials it is considered a graphene ‘composite’, which according to Technavio, is the future of aerospace. Graphene’s ability to enhance production of lightweight planes, as well as contributing to the reduction of the industry’s ‘carbon footprint’, is putting CVD at the head of the game. “The use of the CVD technique to produce large sheets of graphene eliminates the chances of graphene flakes clumping, affecting the strength and flexibility of composites,” according to lead analyst at Technavio, Ajay Adhikari.

Increasing Mergers

In other words, it is smart to get in on this market now. Organizations and big names will be jumping on the opportunities to invest in and operate with this growing material that will sustain the future as we see it now. According to Business Wire, “In 2014, Grafoid, a graphene R&D company, acquired ALCERECO, a technology company in advanced materials, composites, and alloys. The main focus behind this acquisition was the introduction of Grafoid’s MesoGraf material to the market at a faster rate with the help of ALCERECO’s facilities. In another instance, in 2014, Future Carbon signed an agreement with Bayer Material Science regarding the acquisition of Bayer’s patents to carbon nanotubes and graphene.”

Being a leader in this high demand and ever-growing advanced materials- industry is something we are very proud of here at Grolltex. We specialize in CVD graphene, as it is one of the most effective types of the material for applications like aerospace, advanced sensing, solar energy, electronic devices, wearables and next generation fuel cells. If you are interested in learning more about our business or about investing in your future with this super material, contact us today.