Graphene Coating Market Forecast and CAGR
As per the most recent research by Fact.MR, graphene coating market is set to witness fast-paced growth with a CAGR of 6.8% during the forecast period 2021-2031. It has a wide range of applications such as hull coating, solar cells, biomedical implants etc., and in numerous industries ranging from aerospace, automotive, medical among others.
These graphene coatings act as an alternative to steel and diamond as it is 200% stronger than steel and more robust than diamond. Its superior conductivity of electricity and heat characteristics is enabling its usage in mobile phone screens, memory chips and laptops.
Covid-19 Impact on Global Graphene Coating Market
The international aerospace industry is perhaps the most heavily impacted by the COVID-19 pandemic: airlines, airports, and other market players all saw a large drop in revenue, necessitating a robust, short-term, and disruptive response. As result manufacturers of graphene-based coatings supplying to this industry were heavily affected which ultimately caused a drop in the demand.
Liquidity-strapped suppliers in the automotive industry succumbed to rapidly deteriorating market conditions, creating significant disruption and catastrophic consequences across the global automotive manufacturing sector during the pandemic. Consequently, the use of graphene coatings in this industry faced repercussions too.
However, once the pandemic subsides, demand is poised to return to its projected growth track by the end of 2022.
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Who are the Key Manufacturers of Graphene Coatings?
Some of the key manufacturers in the market are
- AI Coating
- Dongguan Sheerfond New Material Co. Ltd
- Supervac Industries
- Graphite Central
- Surface Protective Solutions
- Ethos
- Artdeshine
- KNV’S
- Applied Graphene Materials (AGM)
- Directa Plus Ltd (DCTA)
- Haydale Graphene Industries Ltd (HAYD).
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Key Segments
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By End-use Industries
- Aerospace
- Automotive
- Construction
- Electronics & Electrical
- Marine
- Textiles
- Healthcare
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By Application
- Solar cells
- Biomedical implants
- Hull coating
- Biomedical device surface
- Display devices
- Cellphones
- Tablets
- Computers
- Television screens
- Cars
- Electro-magnetic interference shielding
- Thermal management
- Sensors
- Improved road tires
- Composite strengthening
- Energy storage functions
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By Sales Channel
- Offline
- Retailers & Wholesalers
- Other Distribution channels
- Online
- Direct Sales
- Third-Party E-Commerce Sales
- Offline
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By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia & Oceania
- India, Thailand, Malaysia, Indonesia, Australia & New Zealand and Rest of South Asia & Oceania
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
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For more insights:
https://www.einpresswire.com/article/557143001/worldwide-revenue-share-of-undercarriage-components-for-mini-excavators-is-expected-to-account-nearly-us-6-5-billion
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