Graphene
Graphene, a “super-material” poised to explode in the commercial market, is stronger than steel, harder than diamond, more conductive than copper, with better electron mobility than silicon. Its markets and applications are almost limitless — the product is added to other materials to enhance strength, water resistance, flexibility, electrical conductivity; and it supports clean energy by improving battery, solar panel and supercapacitor technology. Here are a few of the addressable markets for graphene. (Source: Grandview research)
Overall, the global industrial coatings market was estimated at $83B in 2020, and is expected to expand at a rate of 3.4% (CAGR) through 2029.
At $128B in 2020 with an expected growth of 3.7% (CAGR) through 2028, the demand for higher performance lubricants continues to grow.
The thermoplastic resin market is expected to reach $13B by 2026, as these resins are 30%-40% lighter than aluminum with a high heat tolerance and fatigue resistance.
In 2021, the 3D printing sector reached $10.6B revenue, excluding hardware maintenance contracts and post-processing equipment, with AM is expected at over $50 billion by 2030.
The global market for printed electronics — printing methods used to create electrical devices — was estimated at $8.6B in 2021 with 22.3% growth (CAGR) through 2030
The global biosensors (biological sensor) market size was valued at $24.9B in 2021 and is expected to expand at 8% (CAGR) from 2022 to 2030.
The market for global composites — a material made from two or more materials — was estimated at $86.4B in 2020 with growth of 6.6% (CAGR) through 2028
