New report sees the graphene market growing at 55% CAGR, to reach $100 million by 2018

Markets and Markets released a new graphene market report ("Graphene Electronics Market: 2013-2023") in which they forecast that the total graphene technology market will grow at an estimated 55.54% CAGR (Compound annual growth rate).

The total graphene market will reach $100 million in 2018 - and it will be used in a range of applications including RFID, smart packaging, supercapacitors, composites, ITO replacement, sensors, logic, memory and others. Overall the market will remain rather small according to this report. While graphene may revolutionaize a lot of industries and enable new products, the forecast is not promising for graphene producers and suppliers.

I think this report was written by IDTechEx. In any case the $100 million market size in 2018 forecast didn't change from last year.

Posted: Jul 04,2013 by Ron Mertens