The Toxic Nature Of Graphene And The Risk Involved In The Graphene Manufacturing Process, Are Expected To Stifle Graphene Market Growth

 

Graphene

A single layer of atoms is tightly bound in a hexagonal honeycomb lattice to form graphene. It is the lightest and strongest material available, being thinner than paper and stronger than steel. Composites and coatings, electronics, biomedical, membranes, sensors, and energy all use it. Furthermore, due to its properties such as high surface area and adsorption capacities, graphene is regarded as an effective catalyst in the chemical industry. Increasing global chemical demand is expected to boost graphene demand, propelling the global graphene market forward. According to the 'European Chemical Industry Council,' global chemical sales increased by 4.6 percent in 2017, from US$ 3,714.57 billion in 2016 to US$ 3,884.48 billion in 2017. Automotive/cars also use graphene conductive films as a raw material to make them lighter and safer. The global graphene market is expected to grow in tandem with the global automotive industry.

 

Growing purchasing power and increased consumer electronics demand, such as tablets and mobile phones, are expected to propel the graphene market forward. Furthermore, transparent conductive films made of graphene oxide are used as a raw material in automobiles to make them safer and lighter. The toxic nature of graphene and the risk involved in the graphene manufacturing process, on the other hand, are expected to stifle global Graphene Market growth over the forecast period. Furthermore, the industry is expected to benefit greatly from ongoing R&D activities around the world as well as large-scale graphene production using renewable resources, particularly the use of value-added chemicals.

 

Graphene, the world's first 2-D carbon material, also known as the "wonder material," has a wide range of applications. Graphene is a fire-resistant material that is also a good conductor, extremely versatile, and 200 times stronger than steel. It is also extremely light. Furthermore, due to its properties such as high surface area and adsorption power, graphene is regarded as an effective catalyst in the chemical industry. The rise in global chemical demand is expected to boost graphene demand and, as a result, propel the global graphene industry forward.

Comments

Post a Comment

Popular posts from this blog

Security Robot Market is Estimated To Witness High Growth Owing To Increasing Demand for Enhanced Surveillance

Image
Security Robot Market The Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Security Robot Market encompasses advanced robotic technologies that are specifically designed and developed to enhance security and surveillance operations. These robots are equipped with features such as video surveillance, thermal imaging, facial recognition, and intrusion detection, among others. They are extensively used by security agencies and organizations across various sectors, including residential, commercial, industrial, and government, to enhance safety, reduce human intervention, and streamline security operations. Security robots offer real-time monitoring, remote control, and high accuracy, making them an ideal choice for surveillance in sensitive areas and remote locations. Market Dynamics:
Read more

The Ever-Evolving Landscape of the Scottish Whisky Market during the Forecast Period 2019-2027

Image
  Scottish Whisky Market The Scottish Whisky Market is a captivating landscape that has been evolving and transforming over the years. It is a world of tradition, craftsmanship, and heritage, where every drop of whisky tells a story. The history of Scottish whisky traces back centuries, with the earliest records dating back to the 15th century. Whisky production initially started in monasteries, where monks distilled spirits for medicinal purposes. Over time, whisky production moved from monastic settings to farms and then to commercial distilleries. This transition marked the beginning of an industry that would become synonymous with Scotland. Scottish Whisky Market Was Valued At US$ 4.97 Bn In 2018, And It Is Expected To Reach US$ 7.89 Bn By The End Of 2027, Exhibiting A CAGR Of 5.3% During The Forecast Period (2019 To 2027). One of the defining characteristics of the Scottish Whisky Market is its adherence to traditional production methods. Scotch whisky is made from malted b
Read more

Monochloroacetic Acid (MCAA) Market Is Estimated To Witness High Growth Owing To Increasing Demand for Surfactants and Herbicides

Image
Monochloroacetic Acid (MCAA) Market The Monochloroacetic Acid (MCAA) Market is estimated to be valued at USD 676.52 Million in 2022 and is expected to exhibit a CAGR of 7.03% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Monochloroacetic Acid (MCAA) Market is driven by the increasing demand for surfactants and herbicides in several industries such as agriculture, pharmaceuticals, textiles, and personal care. MCAA is extensively used in the production of surfactants, herbicides, and carboxymethyl cellulose (CMC), which are essential in various applications. These applications include detergents, agrochemicals, pharmaceuticals, dyes, and cosmetics, among others. The versatile properties of MCAA, such as its ability to act as a raw material in the production of herbicides and surfactants, make it highly desirable in the market. Market Dynamics: The Monochloroacetic Acid (MCAA) Market is driven by two k
Read more