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Graphene Nanocomposites Market Size, Growth Potential Analysis, Porters Analysis, Pricing Trend, Regulatory Landscape & Forecast, 2024 – 2032

  • Report ID: GMI235

Graphene Nanocomposites Market Size

Graphene Nanocomposites Market is set to witness notable growth from 2024 to 2032 driven by the numerous potential applications of graphene-based nanomaterials in storage systems and electrical sectors. The high surface area, electrical conductivity, porosity, as well as mechanical and electrochemical stability of graphene are contributing to its rising adoption in energy storage devices.

Moreover, the demand for graphene nanocomposite materials is rapidly rising due to its technologically relevant qualities. Magnetic graphene oxide-lignin nanocomposite, for instance, has shown strong potential as a suitable material for alternating magnetic fields in fluid hyperthermia therapy, according to experiments conducted by physicists from the Iran University of Science & Technology and Tehran University of Medical Sciences. Escalating use in the fabrication of biomedical devices due to their physical, optical, and electrochemical properties will further boost the product uptake.


However, the industry growth may face challenges, such as high production costs, scalability issues, regulatory hurdles, and limited commercialization of large-scale applications due to technological complexities and market readiness.

Graphene Nanocomposites Market Trends

The growing demand for energy storage solutions is likely to augment the industry outlook through 2032. The need for reliable, high-performance energy storage is growing in tandem with the shift towards renewable energy sources. According to a Cleantech Group report, over ten developers of energy storage technologies are set for commercialization by 2025. Graphene nanocomposites have emerged as key enablers of this transition due to their remarkable properties, including high electrical conductivity and large surface area for revolutionizing battery and supercapacitor technologies. Additionally, the lightweight nature of graphene nanocomposites will support the development of lightweight and compact energy storage solutions, crucial for mobile devices and aerospace applications, subsequently accelerating the industry expansion.

Graphene Nanocomposites Market Analysis

Based on product, the industry value from the graphene polymer segment is projected to attain a significant revenue share by 2032 as a result of the increased inclination towards carbon-based nanomaterials due to their special optical, chemical, and electronic properties. This makes the polymers highly suitable for a range of uses, such as supercapacitors, fuel cells, solar cells, and lithium batteries. Surging global demand for electric vehicles will also propel the use of lithium batteries, adding to the uptake of graphene polymers.

In terms of application, the graphene nanocomposites market from the building and construction segment is poised to depict a high growth rate through 2032. The capability of graphene-reinforced cement composites to exhibit exceptional mechanical properties, multi-functionality, and durability due to their unique intrinsic properties is stimulating the segment growth. Additionally, prominent R&D operations focused on identifying techniques to enhance loess, a construction material, based on the co-effects of graphene oxide and cement are providing lucrative opportunities for the product utilization in building and construction activities.

On the regional front, Asia Pacific graphene nanocomposites market is expected to register a sizable valuation for the graphene nanocomposites industry by the end of 2032 attributed to the commendable expansion of the electronics sector in emerging economies, such as India. As per studies, the electronics production in the country is primed to reach a valuation of over $300 billion in 2026. The implementation of various policies specific to this sector, such as the National Policy of Electronics and Net Zero Imports in Electronics, is further set to augment the regional market outlook.

Graphene Nanocomposites Market Share

Strategic mergers, acquisitions and innovative product launches are employed by major graphene nanocomposite firms to improve their market position. They are also entering asset purchase agreements for mechanical milling platforms, R&D labs, and pending patents and trademarks.

 Some of the leading graphene nanocomposites industry players are-

  • Haydale Graphene Industries
  • Versarien
  • NanoXplore 
  • Talga Resources

Graphene Nanocomposites Industry News

  • In November 2023, Versarien PLC introduced Polygrene, an innovative collection of thermoplastic polymer compositions based on graphene and related nanomaterials.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Kiran Pulidindi

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