IDTechEx - the market for graphene will only reach $100 million in 2018

IDTechEx released a new report (Graphene: Analysis of Technology, Markets and Players 2013-2018 ) on graphene analyzing the technology, market and players in the 2013-2018 time frame. While the material is exciting and has a lot of potential applications, they forecast that the market for graphene will only amount to $100 million in 2018.

The current market for graphene is the R&D sector, but the industry is now gearing up to move to some real applications - which include RFID, smart packaging, supercapacitors, composites, ITO replacement, sensors, logic and memory.

In most of the cases graphene will replace an existing component in an existing product (for example replacing carbon black, carbon fibre, graphite, carbon nanotubes, silver nanowires, ITO, silver flakes, copper nanoparticles, aluminium, silicon, GaAs, ZnO and others). Graphene's enables performance premiums, but is very costly.

According to IDTechEx the largest graphene markets in the near term will be composites and energy storage (first be used in supercapacitor devices).

Posted: Oct 09,2012 by Ron Mertens