The global graphene market size was valued at USD 269.6 million in 2021. The market is projected to grow from USD 337.0 million in 2022 to USD 2,172.2 million by 2029, exhibiting a CAGR of 30.5% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Graphene Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/graphene-market-102930 Segments: GO Segment to Gain Momentum due to Increasing Applications from Various End-use Industries Based on product, the market is segmented into graphene oxide (GO), graphene nanoplatelets (GNP), and others. GNP accounted for the largest market share in 2021 and is expected to continue its dominance until 2029. Aerospace & Defense Segment to Hold a Significant Share Owing to Extensive Adoption of Material In terms of end-use industry, the market is classified into electronics, aerospace & defense, automotive, energy, and others. Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceships manufacturing. Geographically, the market is segregated into North America Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights, which guide business owners with their investment perspective. Drivers and Restraints: Growing Product Penetration in the Electronics Industry to Aid Growth Owing to it exceptionally high thermal and electrical conductivity and its lightweight nature, it is preferably suitable for electronics applications. The electrons in this allotrope of carbon have higher mobility, and therefore speed up more when applied on an electric field, as compared to semiconductors that are extensively employed in electronic devices, including silicon. Owing to these properties, it produces more proficient devices that function faster than traditional substitutes while using less power. Regional Insights: Asia Pacific to Dominate Backed by Favorable Government Policies Asia Pacific held the largest graphene market share and is anticipated to dominate the market during the forecast period, owing to favorable policies by the government, academic research, and funding in the region. The market in the North America region is estimated to witness significant growth, owing to growing demand from the aerospace and energy industries, as well as high demand for eco-friendly, strong, efficient, and lightweight goods, driving the graphene market growth in the region. The market in Europe is anticipated to witness a significant growth rate and may continue its dominance during the forecast period owing to increasing investments in R&D activities. Competitive Landscape: Partnerships among Companies to Secure their Brand Values in Global Market Prominent players in the market are constantly opting for effective strategies to promote their products and establish their positions in the market. One such strategy is to launch new products by partnering with other companies to extend their reach to end-users. Key Industry Development: July 2022: Graphenea and Grapheal joined forces to quicken study on biosensors with GraphLAB, a graphene-based product. GraphLAB is a next-gen assessment method for protein disease and screening detection. List of Key Players Mentioned in the Report: Haydale Graphene Industries plc (U.K.) Graphenea (U.S.) ACS Material (U.S.) XG Sciences (U.S.) Global Graphene Group (U.S.) Applied Graphene Materials (U.K.) Grolltex Inc (U.S.) Directa Plus S.p.A (Italy) NanoXplore Inc. (Canada) Thomas Swan & Co. Ltd. (K.) First Graphene (Australia) Talga Group (Australia) Graphite Central (U.S.)

The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ in its report, Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period. Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565 Highlights of the Report: While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.

The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ in its report, titled, Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period. Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565 Highlights of the Report: While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market. Drivers & Restraints- Increasing Applications in Packaging Industry to Drive Growth Rising concerns regarding the impact of material used by the packaging industry on the environment are estimated to drive nanocellulose market growth. For instance, according to the U.S. Environmental Protection Agency, packaging material accounts for around 28.1% of the total municipal solid waste in the U.S. and the material used in packaging includes plastic, which is non-degradable. In addition, the extensive utilization of nano cellulose in the textile industry is projected to further strengthen its demand. However, the high cost of production associated with the product is expected to limit the growth of nanocellulose.

The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ in its report, Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565 Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period.

The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ in its report, Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period. Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565

The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period. Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565 Highlights of the Report: While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market. Drivers & Restraints- Increasing Applications in Packaging Industry to Drive Growth Rising concerns regarding the impact of material used by the packaging industry on the environment are estimated to drive nanocellulose market growth. For instance, according to the U.S. Environmental Protection Agency, packaging material accounts for around 28.1% of the total municipal solid waste in the U.S. and the material used in packaging includes plastic, which is non-degradable. In addition, the extensive utilization of nano cellulose in the textile industry is projected to further strengthen its demand. However, the high cost of production associated with the product is expected to limit the growth of nanocellulose. Segment- Paper and Packaging to Be the Fastest-growing Segment Based on the application, paper and packaging is estimated to be the fastest-growing segment with a market share of 23.0% in 2019. Increasing the utilization of cellulose nanocrystals in both paper and plastic-based packaging is driving the segment growth. Additionally, the segment held a share of 22.4% in Germany. Based on type, the microfibrillated cellulose (MFC) segment is anticipated to hold a considerable nanocellulose market share owing to its applications in the manufacturing of nanocomposites, bio-based medical products, wood adhesives, super-capacitors, batteries, continuous fibers for textiles, and other products. Regional Insights- High Availability of Wood in Eastern Europe to Help the Region Dominate Europe is projected to dominate the global market with a value of USD 108.77 million in 2019. Its dominance is attributed to the high concentration of manufacturers in the region owing to the rising availability of wood in the Eastern Europe. In addition, the region is a manufacturing hub of automobiles, textiles, and cosmetics, which is estimated to further drive the growth of nanocellulose. The market in Asia Pacific is not far behind as it is set to exhibit substantial growth in the forecast timeline with a value of USD 43.16 million in 2019. The presence of end-use industries, such as food, cement, textiles, and paper in China, South Korea, and India is anticipated to propel the demand for nanocellulose, driving its growth in the region. Competitive Landscape- Research & Development to Aid Key Players Develop Innovative Products Key players operating in the global market are investing extensively in research and development in order to develop innovative products based on nanocellulose and upgrade the existing ones. This will help them gain prominence over other companies. For instance, in December 2020, Norske Skog announced the development of a new variant of CEBINA by replacing the suspension liquid with polymer instead of water. This enabled the use of CEBINA in epoxy floor coverings and adhesives.