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.

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