The global graphene coatings market revenue was around US$ 1.81 million in 2022 and is estimated to reach US$ 19 million by 2031, growing at a compound annual growth rate (CAGR) of 29.9% during the forecast period from 2023 to 2031.
Graphene coatings contain combined graphene in their construction. These coatings provide surge properties and advantages such as anti-corrosion, water resistance, solar paints, and the capability to facilitate segregation in structures to which they are applied.
Market Driving Factors
Several remarkable properties are estimated to drive market growth. Graphene coatings are a significant advancement in materials science due to their extraordinary characteristics. Because of these remarkable qualities, graphene coatings are in great demand for a variety of uses. Furthermore, graphene, a single layer of carbon atoms positioned in a hexagonal lattice, has caught the imagination of engineers and scientists worldwide for its remarkable properties. Moreover, when applied as a coating to different surfaces, graphene imparts these special qualities, opening the door to a new era of material engineering.
Enhanced performance over conventional coatings is expected to create opportunities in the market. Graphene coatings provide various benefits over other coatings, such as ceramic coatings, owing to their remarkable properties and diverse applications. In addition, graphene coatings offer severe durability and are highly resistant to scratches. Furthermore, owing to their flexibility, graphene coatings are relatively easy to apply and can connect well with a variety of surfaces, potentially reducing application time and labor expenses.
Competition from substitutes is estimated to hinder market growth.
Regional Analysis
Asia-Pacific dominated the market in terms of the largest shares and is expected to continue its dominance. This can be majorly attributed to the huge existence of the medical and electronics industry and automobile. This is because surged population in the region.
North America is estimated to dominate the market in terms of revenue. This is primarily owing to the development of industrial applications and infrastructure and, the surge in demand for graphene coatings in different industries, including automotive, aerospace, marine, electronics, construction, and medical. As a result, advances in graphene coating technology in the region are poised to transform various aspects of healthcare.
Segmentation Insights
Application Insight
The scratch-resistant coatings segment is estimated to dominate the market in terms of the largest share. This is generally due to the scratch-resistant coatings are broadly utilized in the automotive industry. Furthermore, the increasing automobile industry due to the surge in income and population will boost the demand for graphene coatings.
The corrosion-resistant coatings segment is estimated to dominate the market in terms of the largest shares. This is mainly due to the corrosion-resistant graphene coatings being utilized in a broad range of industries, including aerospace, automotive, marine, industrial, hydrophobic, and anti-static coatings. Furthermore, graphene coatings are effective at offering corrosion protection for a broad range of substrates, extending the life and durability of coated surfaces.
End Use Industry Insight
The medical segment is estimated to dominate the market in terms of the fastest growth. This is mainly due to the graphene coatings improving the cell's adhesion, and osteogenic differentiation, and encouraging antibacterial activity to parts of titanium unchanged by the thermal treatment. Furthermore, the graphene layer can enhance the surface properties of implants which can be utilized for biomedical applications.
Prominent Companies
Segmentation Outline
The global graphene coatings market segmentation focuses on the Application, End Use Industry, and Region.
By Application
By End Use Industry
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL GRAPHENE COATINGS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: GRAPHENE COATINGS MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL GRAPHENE COATINGS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL GRAPHENE COATINGS MARKET, BY APPLICATION
5.1 OVERVIEW
5.2 SCRATCH RESISTANT COATINGS
5.3 CORROSION RESISTANT COATINGS
5.4 ANTI FOULING COATINGS
5.5 POLLUTION ADSORPTION COATINGS
5.6 FLAME RETARDANT COATINGS
5.7 OTHERS
6 GLOBAL GRAPHENE COATINGS MARKET, BY END USE INDUSTRY
6.1 OVERVIEW
6.2 AUTOMOTIVE
6.3 MARINE
6.4 MEDICAL
6.5 INDUSTRIAL
6.6 ELECTRICAL AND ELECTRONICS
6.7 OTHERS
7 GLOBAL GRAPHENE COATINGS MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL GRAPHENE COATINGS MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 GRAPHENEA
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 DIRECTA PLUS S.P.A
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 XG SCIENCES
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 SUPERVAC INDUSTRIES LLP
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 APPLIED GRAPHENE MATERIALS
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 KNV'S INCORPORATION
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 ACS MATERIAL
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.8 SURFACE PROTECTIVE SOLUTIONS
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.9 ADVANCE INDUSTRIAL COATINGS LLC
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.10 ARTDESHINE PTE LTD
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
9.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.11 GRAPHITE CENTRAL
9.11.1 OVERVIEW
9.11.2 FINANCIAL PERFORMANCE
9.11.3 PRODUCT OUTLOOK
9.11.4 KEY DEVELOPMENTS
9.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.12 NANOXPLORE INC
9.12.1 OVERVIEW
9.12.2 FINANCIAL PERFORMANCE
9.12.3 PRODUCT OUTLOOK
9.12.4 KEY DEVELOPMENTS
9.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.13 G6 MATERIALS CORP
9.13.1 OVERVIEW
9.13.2 FINANCIAL PERFORMANCE
9.13.3 PRODUCT OUTLOOK
9.13.4 KEY DEVELOPMENTS
9.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.14 THOMAS SWAN & CO. LTD
9.14.1 OVERVIEW
9.14.2 FINANCIAL PERFORMANCE
9.14.3 PRODUCT OUTLOOK
9.14.4 KEY DEVELOPMENTS
9.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.15 HAYDALE GRAPHENE INDUSTRIES PLC
9.15.1 OVERVIEW
9.15.2 FINANCIAL PERFORMANCE
9.15.3 PRODUCT OUTLOOK
9.15.4 KEY DEVELOPMENTS
9.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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