Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Graphene Supply Outstrips Demand, Reports IDTechEx

This image opens in the lightbox

News provided by

IDTechEx

13 Sep, 2022, 11:26 GMT

Share this article

Share toX

Share this article

Share toX

BOSTON, Sept. 13, 2022 /PRNewswire/ -- As of mid-2022, the global graphene and graphene oxide installed capacity easily exceeds 12,000 tonnes per year, but utilization is low as the orders lag significantly behind. Is this a natural part of the commercial journey, or has hype overcome reality? Is this a case of "build it, they will come", or are there real market needs? What does the future hold for these graphene manufacturers? IDTechEx provides an independent perspective on these questions and more.

Continue Reading
This image opens in the lightbox
Source: IDTechEx - “Graphene Market & 2D Materials Assessment 2023-2033”

In the latest update to their leading market report, "Graphene Market & 2D Materials Assessment 2023-2033", IDTechEx provides the most comprehensive view on the industry. This includes interview-based player profiles, granular 10-year forecasts, application deep-dives, and benchmarking studies.

For a long time, the graphene industry would cite a "chicken and egg" scenario: large demand for their material but limited scale and challenges investing in high volume production without orders or revenue. This has now been broken, IDTechEx has tracked this industry in detail for over a decade and can report that there is extensive capacity, but huge orders haven't materialized.

Firstly, it should be acknowledged that graphene related materials are a very broad family, from graphene oxide (GO) and reduced graphene oxide (rGO) to Few-layer graphene (FLG), graphene nanoplatelets (GNP), CVD graphene films, and more. This article will just focus on rGO and GNPs, but even within that, there is a huge amount of variation from lateral size, number of layers, purity, surface area, and this is before we talk about functionalization, the inclusion in intermediates, and the commercial side, specifically cost and price. So, although there may be a large installed capacity it may not be in the type of graphene desired.

There is also the question of standardization and regulation. Regulation is a significant barrier in many regions, and for many applications, this is slowly progressing with some key announcements but takes time. Unsurprisingly, unlike mature material markets that operate globally, nearly all graphene players have only one site and predominantly sell in their local market. The geopolitical situation and heightened vulnerability of supply chains present both an opportunity and a threat to these early-stage companies.

The key question is about demand. As has always been the case, graphene maintains an extensive list of potential applications at various stages of market entry and penetration; although not immediately apparent, orders have been arriving, and sales have been rising. The slow pace is not surprising, each industry takes time to assess the graphene products on the market, test and validate the use-cases, and evaluate the value-add all before engaging in any notable commercial adoption. Taking the bigger picture, the applications where there is a good promise and the potential for the highest sales in the long term are energy storage, polymer composites, and concrete. There will be other success stories with reasonable revenue, such as in textiles, filtration membranes, coatings, and thermal management, but it is these three use cases that, if graphene were to be meaningfully adopted, can generate sales in the tens of thousands of tonnes and would redraw the commercial landscape.

This follows on to the question of when there is major success, how will that reshape the industry? Considering rGO and GNPs are predominantly used as an additive, we can look at similar mature markets for comparison. Carbon black is the most obvious example where the sales volumes are in the millions of tonnes, it is a consolidated market with comparatively low margins; MWCNTs are the older sibling of graphene and having finally found a killer application in the cathode of lithium-ion batteries, we are seeing the entry of major players, price decreases, significant supply chain agreements, and the clear market leaders accelerating away from competitors; see the market report "Carbon Nanotubes 2022-2032: Market, Technology, Players" for more. IDTechEx expects a similar future for GNP and rGO, in the long-term, there will not be the same number of graphene manufacturers as there are now (despite more emerging); the first sign of this consolidation, and the perils facing graphene manufacturers, was seen in August with NanoXplore purchasing a significant proportion of the assets of XG Sciences after they ceased operation. Equally, for the highest volume applications, it will become a race-to-the-bottom in price. The M&A activity is also growing more interesting, with quiet but significant activity from large graphite and chemical companies beginning to position themselves.

So, who will be the graphene market leaders? There are early leaders based on capacity, sales, partnerships, and other key metrics, all of which are tracked in the market report. There is also the question of investment, which considering nearly all graphene players (excluding a handful) are loss-making, is significant for cash flow and growth.

Many companies overestimate the ease, capital cost, and personnel requirements to dramatically scale-up production and overcome all the commercial barriers. In IDTechEx's opinion, the long-term future is bright for graphene and will narrowly exceed US$1 billion by 2032, but many have misjudged the initial market pull and mid-term expected size. Hype is a great way to fuel industry but can easily lead to disillusionment.

This article has just focussed on the graphene manufacturers. There is also significant market activity across the value chain, including those claiming key functionalization IP, masterbatch producers, system providers, and end-users. Some are vertically integrated, and others remain supplier agnostic. These have their own technology readiness, competitive landscape, barrier to entry, and addressable market. This article has presented victory as being one of the major future graphene manufacturers, but that is not the case; a company with a graphene-enabled solution could carve out a high-performance niche with excellent margins. The early stages of this are already being observed, from supercapacitors to environmental remediation solutions, and plenty more to explore.

As mentioned earlier, there are many more types and forms of graphene than those discussed in this article and a large family of 2D materials beyond graphene entirely; these are at an earlier stage with very different trajectories and global impacts. This is all discussed within the IDTechEx market report.

The graphene market is traveling through an inflection point. The industry will look significantly different in 10 years' time, even more so than comparing the market today to 2012. For an unbiased and comprehensive overview of the current graphene market and its outlook, then see the update to the leading report on the topic, "Graphene Market & 2D Materials Assessment 2023-2033".

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.

Images download:
https://www.dropbox.com/sh/936mfnk90a9y3ix/AADQaMpW9-vLVUAH6iV4IbXoa?dl=0

Media Contact:

Natalie Fifield
Digital Marketing Manager
press@IDTechEx.com 
+44(0)1223 812300

Social Media Links:

Twitter: www.twitter.com/IDTechEx 
LinkedIn: www.linkedin.com/company/IDTechEx 
Facebook: www.facebook.com/IDTechExResearch

Photo: https://mma.prnewswire.com/media/1897470/IDTechEx_Graphene.jpg
Logo: https://mma.prnewswire.com/media/478371/IDTechEx_Logo.jpg

Modal title

Also from this source

IDTechEx Forecasts US$110B Worth of Critical Materials Recovered Annually by 2045

IDTechEx Forecasts US$110B Worth of Critical Materials Recovered Annually by 2045

End-of-life equipment from automotives, electric vehicles, e-waste and decarbonized energy technologies are rapidly emerging secondary raw material...

Roboshuttles: A Promising Yet Challenging Mobility Solution, Finds New IDTechEx Report

Roboshuttles: A Promising Yet Challenging Mobility Solution, Finds New IDTechEx Report

Roboshuttles are small, fully electric, and operate at Level 4 autonomy, making them an ideal last-mile solution. They were once highly anticipated...

More Releases From This Source

Explore

General Manufacturing

General Manufacturing

General Manufacturing

General Manufacturing

Mining & Metals

Mining & Metals

Mining & Metals

Mining & Metals

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.